SBUBolivar, Missouri Est. 1878

Economics/Finance Major

SBU’s Economics/Finance major is designed to integrate and combine the disciplines of both economics and finance to prepare students for future careers in areas such as banking, financial services, investing, management, and government.

With this degree students will understand both economic and financial analysis skills and techniques. You will have the tools to provide great value to any company by understanding business programs and issues in an ever-changing economy.

The SBU Advantage

  • With our emphasis on a personalized, Christ-centered education and college experience, you will leave SBU better prepared to be a Christ-like servant in the business world of the future.
  • SBU's College of Business and Computer Science has achieved special accreditation through the “teaching-focused” Association of Collegiate Business Schools and Programs.
  • All of our faculty have work experience in the disciplines in which they teach and none teach in more than three subject areas. Four faculty members have received the University’s Distinguished Teacher award.
  • A team-approach in teaching prepares students for the job market.

Course Information

The Bachelor of Science requires 27 hours of Economics/Finance courses that are in addition to general education and graduation requirements and completion of the COBACS 45-hour curriculum. Required classes are Money and Banking, Managerial Economics, Personal Financial Planning, and Special Topics in Economics and Finance.

Clubs and Organizations

  • Delta Epsilon Chi (Accounting Club): A campus organization designed to foster community and academic enrichment for students pursuing degrees in either Accounting or Accounting and Information Assurance. SBU Accounting students benefit from a variety of activities and trips throughout the year. The organization name comes from the accounting phrase (D)ebits (E)qual (C)redits.
  • Delta Mu Delta: A national business administration honor society that recognizes and encourages academic excellence of students at qualifying colleges and universities to create a DMD community that fosters the well-being of its individual members and the business community through life-time membership.
  • Enactus: Formerly Students in Free Enterprise (SIFE), SBU Enactus is a team of servant leaders that promotes free enterprise education as a critical means of preparing others to lead rewarding, self-sufficient lives in a global society.Working in partnership with business and higher education, Enactus is a global, not-for-profit that organizes and motivates teams of university students who teach others an understanding of the principles and values of market economics. SBU Enactus has won its regional competition 29 of the past 30 years and gone on to succeed at the national level. In 2013, SBU Enactus finished in the Top 8 in the country!

Scholarships

Available private scholarships include:

Gary and Jane Black Excellence Scholarship
Dr. B. E. Clark Distinguished Student Scholarship
Van and Pearl Clark Memorial Scholarship
Soo Farr and Siew Lin Lam Scholarship
Patrick Andrew Halligan Memorial Scholarship
Gladys Henderson Scholarship
Jack Henry and Associates Scholarship
Ruby Letsch-Roderique
Ralph Stufflebam Scholarship
Bill Williams Memorial Scholarship
Dexter Yager Business Scholarship

Internship Opportunities

Internships are available in local and international markets.

Career Opportunities

Our graduates are working for companies around the world.

Special Features

Psalm 15: In an effort to encourage dialogue and in hopes of ingraining Christian perspectives in business and computer science students, the College has adopted Psalm 15 as a guiding principle for our students. The College is specifically dedicated to producing “Psalm 15 Professionals” for servant leadership roles in business and computer science. Using Psalm 15 as a basis, eight character traits that should be hallmarks of students and graduates of the College are Integrity, Service, Respect, Charity, Faithfulness, Truthfulness, Humility, and Perseverance.

Degree Requirements

College CORE Curriculum

ACC 2013 Principles of Financial Accounting
An introduction to the concepts and principles underlying accounting and financial information as used in operating a business. Basic fundamentals of financial accounting from both a preparer’s and a user’s perspective will be presented. The impact of business events on an entity’s financial position will be emphasized through an understanding of an organization’s operating, investing, and financial activities.
ACC 2043 Principles of Managerial Accounting
A study of managerial accounting that focuses on the role of accounting in the improvement of management practices and pays specific attention to: cost accumulation, cost behavior, accounting analysis, budgeting, management decision-making and control, time-value-of-money and capital budgeting.
BUS 2013 Business Communication
A general introduction to the uses of communication in the business world today. Four major sections include basic language usage; communication foundations and writing principles; business letters, memos and emails; and problem analysis and report writing.
BUS 2023 Business Statistics
An introduction to business statistics. Students will calculate and interpret measures of center and dispersion. Normal, binomial, Chi-square, F, t, and Poisson distributions, elementary probability, sampling techniques, hypothesis testing, confidence intervals, linear correlation, simple and multiple regression, contingency tables and computer applications are also covered.
BUS 3073 Legal Environment of Business
Ethical, social and legal issues in business environment. The development and resolution of contemporary issues found in the business environment. Emphasis on the perspective and systematic approach to the law to such issues. Topical areas: legal history, reasoning, procedure; environmental, administrative, criminal and tort law; law of contracts, law of sales.
CIS 3303 Systems Management
This course examines the issues and challenges involved in the management and implementation of information systems. It includes a foundational understanding of information technology, an overview of the correlation between business and information systems, and the challenges associated with the integration of multiple applications across a variety of platforms.
ECO 2023 Principles of Microeconomics
A study of economic principles with emphasis upon microeconomics. Includes a study of economics of the firm, consumer demand theory and current problems.
ECO 2033 Principles of Macroeconomics
Study of the basic principles of macroeconomics designed to give a broad understanding of the economy. Emphasis upon aggregate problems and issues considered important to the nation.
FIN 3053 Business Finance
Study of the principles of financing short-term and long-term capital needs of business firms in keeping with an objective of maximizing the firm's value to its shareholders, i.e., stock price. Special attention given to Capital Asset Pricing Model, the various capital budget theories and computer applications.
LDR 4043 Ethics and Professional Development
A senior-level course that equips the graduating student with the life skills and information necessary for making the transition from college to the professional world. Emphases will be placed on career development, etiquette, and personal financial planning. Particular attention will be given to the role of personal and professional ethics from a Christian worldview.
MGT 3013 Principles of Management
The study of the process of management, which is the coordination of all the resources of organizations in order to achieve organizational objectives. The management process will be described, analyzed and applied to all types of organizations, indicating the universality of management.
MGT 3033 Operations Management
An introduction to operations management, which is the design, operation and improvement of the processes that transform inputs into finished goods and services so as to meet the goals of both manufacturing and service organizations. Students learn how to apply the basic analytical models to operations decisions involving planning, scheduling and controlling product and service facilities, product and service design, processes, cost, quality, quantity assurance, production, capacity, inventory management, just-in-time production, supply chain management, project management and distribution requirements.
MGT 4083 Strategic Management
Examine the cooperation that must exist across various functional areas of the business to effectively scan the environment and formulate, implement, evaluate and control corporate objectives, strategies, and policies in order to positively influence the long-term performance of the organization. A business simulation program will be extensively utilized to reinforce the objectives of the course. This course is the capstone requirement for majors in computer information science and all majors from the Departments of Accounting and Business Administration.
MKT 3023 Principles of Marketing
The study of the system of activities that constitute marketing with emphasis on the principles, policies and strategies utilized to identify and satisfy the needs and wants of consumers. The universal application of marketing management in all forms or organizations is stressed.
BUS 1193 Business Calculus
Derivatives and antiderivatives of functions inclusive of exponential and logarithmic, with applications to business and economics. NOTE: A student who takes BUS/MAT 1193 and MAT 1195 will receive credit for only MAT 1195.

Economics/Finance Major:

ECO 3023 Money and Banking
Study of history and present characteristics of money and banking structure in the United States. Emphasis upon monetary policy as it affects economic activity.
ECO 3043 Managerial Economics
Combines the basic tools used by economists with techniques common in other business disciplines. This course deals with how decisions are made in order to achieve an organization's goals. It emphasizes use of quantitative techniques to solve production, marketing, management and financing problems.
ECO 4023 Special Topics in Economics and Finance
A study and discussion of the theory, recent history and current problems of economics and finance issues.
FIN 3003 Personal Financial Planning
Topics to be studied include budgeting, banking, major consumer purchases (including lease vs. buy decisions), home ownership, all types of personal insurance (from liability to disability), investments, estate planning and taxes.
Plus three additional hours of upper-level COBACS courses
Choose four of the following:
ACC 3063 Tax Accounting I
Course deals with federal tax laws. Primary emphasis placed upon research of federal tax treatment and tax planning of business transactions in the preparation of individual tax returns.
ECO 3053 International Economics/Finance
A study of theory and policy related to international capital flows, exchange rates, and financial management. International economic institutions and policies are analyzed.
FIN 4033 Derivatives
This course provides the student with a working knowledge of options, forwards, futures, and swap markets. The course provides the student with techniques that enable him or her to discuss, analyze, value, and use derivative securities to manage both financial and commodity price risk. Hedging with derivative securities is emphasized. Considerable attention is paid to the role of options and option pricing models in corporate finance.
FIN 4053 Investments
A study of the entire field of investments with major emphasis on security valuation theories, security markets, portfolio management and computer applications in the investment decision making process.
FIN 4073 Insurance
An introduction to the use of insurance as a risk management tool. Specific attention will be given to the structure of the insurance market, current issues regarding regulation and reform of insurance, and the use of insurance by firms and individuals to appropriately manage risk.