Business and Economics
- Assistant Professor Fellows, Chair
- Professors Charalambakis, Gray
- Instructors Masters
The program in business management/accounting at Asbury College provides an opportunity to study the principles of effective business management from the standpoint of the Christian world view. The philosophy of Christian liberal arts education with its breadth of perspective and biblical view of truth is reflected in a distinctly Christian approach to the study of business management. The program makes the biblical principle of stewardship and Christian standards of ethics an integral part of the acquisition of technical knowledge and of the pursuit of excellence in professional skills.
1. The business curriculum includes (1) courses in the functional areas of management, finance, human relations, economics, marketing and (2) courses in the information processing and the quantitative analysis areas of accounting, computer programming and data processing, statistical methods, and management science and operations research.
2. The Department strives to incorporate free market economic concepts and ethical concepts throughout our course offerings.
3. Some of the career opportunities for students of business management include (1) positions with accounting firms; (2) positions with such financial organizations as banks, brokerage firms, insurance companies, and savings and loan associations; (3) positions with all types of industrial and commercial organizations; (4) positions in religious organizations as staff accountants, controllers, treasurers, and in various administrative posts; and (5) positions in government and other not-for-profit organizations such as welfare agencies and hospitals.
4. Asbury requires 124 semester hours for a bachelor's degree with a major in accounting. Students interested in an accounting major should be aware that in many states, the Society of Certified Public Accountants requires 150 credit hours to sit for the CPA exam. Our recommendation is that the student complete the undergraduate accounting major from Asbury and obtain the additional hours needed to sit for the CPA exam in a graduate program such as an MBA or Master of Accountancy. In some cases, students are able to obtain the 150 hours while at Asbury through higher placements in foreign language, summer programs, internships, or some combination of these opportunities.
5. The course of study in business management pursued in the Christian environment of Asbury College offers young people an education which will enhance and enrich their personal lives and prepare them (1) for Christian service to society, (2) for effective performance in their profession, and (3) success in advanced study at the graduate level.
ACCOUNTING (55-57 hour major + general education and electives)
ACC 201, 202, 301, 302, 305, 307, 361; BM 300, 311, 321, 413, 451; ECN 272, 273, 315; 6 hours from ACC 309, 401, 402, 403, 435; MAT 181 or (MAT 131 and 132).
BUSINESS MANAGEMENT (55 or 57 hours major + general education and electives)
ACC 201, 202; BM 251 or BM 361; BM 300, 311, 321, 341, 413, 451; ECN 272, 273, 315; MAT 181 or (MAT 131 and 132)
Plus one of the following emphases (15):
A. General Management: BM 331, 412, 457; 6 hours from BM/ACC/ECN 300 or higher
B. International Business: BM 452; ECN 372, 471, 473; 3 hours from BM/ACC/ECN 300 or higher
C. Finance: BM 371, 457, 452; ACC 305; 3 hours from BM/ACC/ECN 300 or higher
D. Public Policy: BM 325, 412; ECN 372; ACC 309 or BM 371; PHL 343
ACCOUNTING (21 hour minor)
ACC 201, 202, 301, 302, 305, 307, plus 3 hours from any 300 or 400 level Accounting course.
BUSINESS MANAGEMENT (21 hour minor)
ACC 201, 202; BM 311, 451; ECN 272, 273; plus 3 hours from any BM 300 or higher. The BM minor may not be completed by ACC majors.
ECONOMICS (27 hour minor)
ACC 201, 202; ECN 272, 273, 315, 372, 451, plus 6 hours from ECN 300 or higher.