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.
team-approach in teaching prepares students for the job market.
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!
Available private scholarships include:
and Jane Black Excellence Scholarship
Dr. B. E. Clark Distinguished
Van and Pearl Clark Memorial Scholarship
and Siew Lin Lam Scholarship
Patrick Andrew Halligan Memorial Scholarship
Gladys Henderson Scholarship
Jack Henry and Associates Scholarship
Ralph Stufflebam Scholarship
Dexter Yager Business Scholarship
Internships are available in local and
Our graduates are
working for companies around the world.
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.
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
- 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
- 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.
- 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.
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
- 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.