2019-2020 Undergraduate Academic Catalog

Academic Catalog

Economics & Business Administration

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Majors

Business Administration Major

Economics Major

Minors

Business Administration Minor

Economics Minor

Equine Studies Minor

Emphasis

Accounting Emphasis

Finance Emphasis

Financial Economics Emphasis

International Commerce Emphasis

Marketing Emphasis

Organization Management Emphasis

Concentrations

Administration Management Concentration

The George S. Aldhizer II Department of Economics and Business Administration offers two majors—economics and business administration—that prepare students to pursue managerial and other professional careers as well as graduate education. We build on the liberal arts foundation provided by the College’s general education program and give each student the knowledge, skills and experience to become a successful and ethical leader, capable of making valued contributions to his or her workplace, society and self.
 
Through a combination of lectures, discussions, case analyses, team projects and presentations, and other in-class activities, courses are designed to integrate economic and business theory and practice; encourage independent and critical thinking using both qualitative and quantitative reasoning; and develop skills in decision making and implementation, teamwork and collaboration, and all forms of communication. Experiential learning opportunities abound through internships, study abroad programs and participation in student organizations, to supplement classroom learning.
 
The economics major consists of 14 courses in economics and mathematics. Economics majors may choose among three tracks: business, government policy and preparation for graduate school via additional mathematics courses. Economics majors can also earn an emphasis in financial economics.
 
The business administration major consists of 15 courses in business, economics and mathematics. To gain greater depth in a particular area of business, many students pursue one of the five emphases we offer in the business administration major: accounting, finance, international commerce, marketing and organization management. By taking additional courses, in one of these areas, students build specialization on the solid foundation provided by the business administration major.
 
In addition to the previously mentioned majors, the department also offers minors in business administration, economics and equine studies.
 
Business administration majors interested in preparing for an information technology career are encouraged to earn a minor in computer information systems or a second major in information systems management. These programs are offered in the department of mathematics and computer science.
 
Non-business majors who want an introduction to business to complement their majors are encouraged to take the concentration in administration management.

Business Administration Major

Degree Type Offered: B.A. Major

Consists of 45 credit hours (15 three-credit courses), comprised of the following 13 required courses:

BUS-120 Survey of Business

MATH-140 Introduction to Statistics

ECON-200 Principles of Macroeconomics

ECON-210 Principles of Microeconomics

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-211 Principles of Finance

BUS-300 Principles of Organization Management

BUS-310 Principles of Marketing

BUS-330 Principles of Information Systems

BUS-340 Management Science

-or-

BUS-385 Cost Management

BUS-350 Business Law

BUS-422X Entrepreneurship

-or-

BUS-478X Strategic Management

Plus 6 additional credit hours in ECON or BUS courses numbered 300 or above

Credits for BUS or ECON-480, ECON-490, ECON-491 and ECON-499 may not be applied to the requirements for the major in business administration.

Students double-majoring in business administration and economics are not eligible to select the business track for the economics major.

Economics Major

Degree Type Offered: B.A. Major

Consists of 42 credit hours (14 three-credit courses), comprised of 27 credits from the following nine required courses:

MATH-140 Introduction to Statistics

ECON-200 Principles of Macroeconomics

ECON-210 Principles of Microeconomics

ECON-300 Money & Banking

ECON-330 Government & Business

ECON-400 Intermediate Macroeconomics Theory

ECON-410 Intermediate Microeconomics Theory

ECON-440 International Economics

ECON-460 Senior Seminar

Plus 15 additional credits in ECON courses numbered 300 or above, or 9 additional credits in ECON course numbered 300 or above and one of the following tracks:

Business Track

Consists of 6 credit hours (2 three-credit courses), selected from:

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-300 Principles of Organization Management

Government Policy Track

Consists of 6 credit hours (2 three-credit courses), selected from:

PSCI-210 Politics & Government in the United States

PSCI-230 Introduction to Global Politics

PSCI-420W International Law & Organization

Graduate School Preparation Track

Consists of 6 credit hours (2 three-credit courses):

MATH-131 Calculus I

MATH-132 Calculus II

Students who choose this option should consider taking additional courses beyond MATH-132 as well.

Credits for ECON-480, ECON-490, ECON-491 and ECON-499 may not be applied to the requirements for the major in economics.

Business Administration Minor

Degree Type Offered: Minor

Consists of 24 credit hours (8 three-credit courses):

BUS-120 Survey of Business

ECON-200 Principles of Macroeconomics

ECON-210 Principles of Microeconomics

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-300 Principles of Organization Management

BUS-310 Principles of Marketing

Plus 3 additional credit hours in ECON or BUS courses numbered 300 or above

Credits for BUS or ECON-480, ECON-490, ECON-491 and ECON-499 may not be applied to the requirements for the minor in business administration.

Economics Minor

Degree Type Offered: Minor

Consists of 24 credit hours (8 three-credit courses):

MATH-140 Introduction to Statistics

ECON-200 Principles of Macroeconomics

ECON-210 Principles of Microeconomics

ECON-400 Intermediate Macroeconomics Theory

ECON-410 Intermediate Microeconomics Theory

Plus 9 additional credits in ECON courses numbered 300 or above

Credits for ECON-480, ECON-490, ECON-491 and ECON-499 may not be applied to the requirements for the minor in economics.

Equine Studies Minor

Degree Type Offered: Minor

Consists of 21 credit hours. The following courses are required:

 

BUS-212 Equine Farm and Stable Management

EQU-111 Introduction to Equine Science

EQU-211 Equine Development & Behavior

EQU-329 Practicum

Three additional courses chosen from:

BUS-358 Equine Business Management

EQU-220 Theories Riding

EQU-331 Conformation: Form and Function

EQU-350X International Equine Breeding, Training and Management

EQU-364 Judging and Course Design

EQU-401 Training & Schooling

This minor is designed as an excellent adjunct for students studying business, biology or pre-veterinary medicine. In addition, students interested in pursuing further study and/or careers in various equine fields will benefit from the addition of this minor to their curriculum. Facilities used in support of the equine studies minor include the Bridgewater College stables located on the eastern edge of the campus and the Bridgewater College Equestrian Center, located several miles southeast of campus and the home stable for the Bridgewater College Equestrian Program.

A student pursuing the equine studies minor is required to take many classes to fulfill the minor off-site at the Bridgewater College Equestrian Center (BCEC). It is the responsibility of the student to secure transportation to the BCEC.

Accounting Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in business administration may pursue an emphasis in accounting. 6 credits from the emphasis may be applied to the requirements for the major. 

 

BUS-371 Intermediate Accounting I

BUS-372 Intermediate Accounting II

BUS-381 Federal Tax Accounting I

BUS-385 Cost Management

BUS-400 Advanced Accounting

BUS-405 Auditing

Majors pursuing careers in public accounting—To sit for the Certified Public Accountant (CPA) exam in Virginia, the Virginia Board of Accountancy requires candidates to accumulate these minimums:

120 credit hours in a baccalaureate degree that includes: 30 credit hours of accounting courses, and 24 credit hours of (non-accounting ) business courses.

To comply with Virginia Board of Accountancy eligibility rules, students should supplement the accounting emphasis with at least two of the following courses:

BUS-370 Forensic and Investigative Accounting

BUS-382 Federal Tax Accounting II

BUS-448 Financial Statement Analysis and Equity Valuation

To become a licensed CPA in Virginia, the Virginia Board of Accountancy requires candidates to complete 150 credit hours of education, plus the full-time equivalent of one year of relevant accounting experience.

CPA licensing requirements vary by state. If you plan to pursue CPA licensure outside Virginia, please visit that state’s Board of Accountancy website for that state’s requirements.

Finance Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in business administration may pursue an emphasis in finance. 6 credits from the emphasis may be applied to the requirements for the major. 

ECON-300 Money & Banking

ECON-440 International Economics

BUS-371 Intermediate Accounting I

BUS-372 Intermediate Accounting II

BUS-430 Investments

BUS-448 Financial Statement Analysis and Equity Valuation

Financial Economics Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in economics can acquire additional depth in finance by pursuing the emphasis in financial economics. 6 credits from the emphasis may be applied to the requirements for the economics major. 

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-371 Intermediate Accounting I

BUS-430 Investments

BUS-448 Financial Statement Analysis and Equity Valuation

Students choosing to double major in economics and business administration may not earn both the financial economics emphasis in economics and the finance emphasis in business administration.

International Commerce Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in business administration may pursue an emphasis in international commerce. 6 credits from the emphasis may be applied to the requirements for the major. 

 

BUS-468 Contemporary Issues in Business

ECON-330 Government & Business

ECON-440 International Economics

PSCI-230 Introduction to Global Politics

Plus 6 credits from two of the following electives:

BUS-305X International Business and Entrepreneurship

BUS-365X Cross-Cultural Issues in Business

COMM-333X Europe Media and Culture

COMM-334 Intercultural Communication

FREN-202 Intermediate French I

FREN-340 French Culture and Civilization

GER-202 Intermediate German II

HIST-356 East Asia

PSCI/SOC-205 Global Identities

PSCI-420W International Law & Organization

SPAN-202 Intermediate Spanish II

SPAN-345 Latin American Culture and Civilization

SOC-232 Campus Identities

SOC-363 Cultures of Japan

SOC-365 Cultures of Africa

SOC-361 Development and Underdevelopment in the Modern World

A world languages and cultures minor and participation in a one-semester cross-cultural experience are recommended. Students participating in a College-approved study abroad program or a similar approved international experience may apply up to 6 credits earned as part of their travel experience to the elective credits required above.

Marketing Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in business administration may pursue an emphasis in marketing. 6 credits from the emphasis may be applied to the requirements for the major. 

BUS-315 Marketing Research

BUS-412W Professional Selling

-or-

COMM-315 Persuasion

BUS-416W Advertising

BUS-468 Contemporary Issues in Business

Plus 6 credits from the following electives:

ART-322 Web Design and Development

BUS-414W Consumer Behavior

COMM-347 Strategic Public Relations

ECON-410 Intermediate Microeconomics Theory

COMM-325 Communication in the Organization

COMM-327 Interpersonal Communication

COMM-332 American Television & Culture

COMM-334 Intercultural Communication

COMM-335 Communicating Sex and Gender

COMM-340 Representations of Gender, Race & Class

COMM-345 Argumentation and Debate

COMM-349 Nonprofit Communication

Organization Management Emphasis

Degree Type Offered: Emphasis

Consists of 18 credit hours. Majors in business administration may pursue an emphasis in organization management. 6 credits from the emphasis may be applied to the requirements for the major. 

 

BUS-420 Human Resource Management

BUS-468 Contemporary Issues in Business

PHIL-320E Professional Ethics

Plus 12 credit hours chosen from the following two categories:

3 or 6 credit hours from:

ECON-310 U.S. Economics & Business History

ECON-320 Labor Economics

ECON-330 Government & Business

ECON-440 International Economics

6 or 9 credit hours from:

BUS-305X International Business and Entrepreneurship

BUS-365X Cross-Cultural Issues in Business

BUS-422X Entrepreneurship

BUS-478X Strategic Management

COMM-315 Persuasion

COMM-325 Communication in the Organization

COMM-327 Interpersonal Communication

COMM-334 Intercultural Communication

COMM-347 Strategic Public Relations

COMM-349 Nonprofit Communication

ES-456 Management Concepts in Health Care

PSCI-380 Public Administration

SOC/PHIL-367 Conflict Transformation

Administration Management Concentration

Degree Type Offered: Concentration

The administration management concentration provides students outside of business administration with skills in accounting and management that are essential to a broad variety of careers and graduate programs in business and government. Almost every organization needs people with the ability to use software to analyze data and manage budgets, inventory, human resources, expenses and tax liabilities. In addition, knowledge of organization management, public administration and the implications of public policies for private and public interests is essential to leadership roles in these organizations. Since computer information systems are also increasingly important, students might consider using their electives to learn skills in that area. The administration management concentration allows students to pursue a major that they are passionate about, while also equipping themselves with more general practical skills for securing employment. Students may have a concentration advisor from economics, business administration or political science.
 
Consists of 15 credits configured as follows:

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-300 Principles of Organization Management

-or-

PSCI-380 Public Administration

And any two from the following list:

BUS-420 Human Resource Management

BUS-330 Principles of Information Systems

-or-

CIS-250 Introduction to Information Systems

CIS-350 Database Management

CSCI-240 Web API Programming Using Facebook

ECON-330 Government & Business

ES-456 Management Concepts in Health Care

PSCI-215 Introduction to Public Policy

PSCI-390 Public Policy

The concentration is not available to economics majors pursuing the business track, business administration majors or business administration minors.

Courses

BUS-105 Exploring Sustainability in Organization

BUS-110 Personal Finance

BUS-115 History of Advertising

BUS-120 Survey of Business

BUS-200 Figuring Your Small Business

BUS-201 Principles of Accounting I

BUS-202 Principles of Accounting II

BUS-205 Business Practicum

BUS-211 Principles of Finance

BUS-212 Equine Farm and Stable Management

BUS-212L Laboratory

BUS-300 Principles of Organization Management

BUS-305X International Business and Entrepreneurship

BUS-310 Principles of Marketing

BUS-315 Marketing Research

BUS-330 Principles of Information Systems

BUS-340 Management Science

BUS-345 Supply Chain Management

BUS-350 Business Law

BUS-358 Equine Business Management

BUS-360 Venture Creation

BUS-365X Cross-Cultural Issues in Business

BUS-370 Forensic and Investigative Accounting

BUS-371 Intermediate Accounting I

BUS-372 Intermediate Accounting II

BUS-381 Federal Tax Accounting I

BUS-382 Federal Tax Accounting II

BUS-385 Cost Management

BUS-400 Advanced Accounting

BUS-405 Auditing

BUS-412W Professional Selling

BUS-414W Consumer Behavior

BUS-416W Advertising

BUS-420 Human Resource Management

BUS-422X Entrepreneurship

BUS-430 Investments

BUS-448 Financial Statement Analysis and Equity Valuation

BUS-468 Contemporary Issues in Business

BUS-478X Strategic Management

BUS-480 Internship

BUS-490 Independent Study

BUS-491 Research

BUS-499 Honors Project

ECON-200 Principles of Macroeconomics

ECON-210 Principles of Microeconomics

ECON-300 Money & Banking

ECON-305 Contemporary Economic Issues

ECON-310 U.S. Economics & Business History

ECON-320 Labor Economics

ECON-327 Economics and the Environment

ECON-330 Government & Business

ECON-400 Intermediate Macroeconomics Theory

ECON-410 Intermediate Microeconomics Theory

ECON-420 Development of Economic Thought

ECON-440 International Economics

ECON-460 Senior Seminar

ECON-480 Internship

ECON-490 Independent Study

ECON-491 Research

ECON-499 Honors Project

EQU-111 Introduction to Equine Science

EQU-211 Equine Development & Behavior

EQU-220 Theories Riding

EQU-306 Equine Lameness and Disease

EQU-329 Practicum

EQU-331 Conformation: Form and Function

EQU-350X International Equine Breeding, Training and Management

EQU-364 Judging and Course Design

EQU-401 Training & Schooling