Students selecting a major in Management will be awarded a Bachelor of Science in Business Administration (B.S.B.A.) degree under the program of study offered by the William G. McGowan School of Business. A minor in Management is also available as a part of the William G. McGowan School of Business program of study.
The Management major at King's College provides an extensive general background in business; the major requirements emphasize the fundamental principles of business management along with the entrepreneurial and global aspects of business required of a business professional. The management major is provided with a thorough foundation in the fields of accounting, economics, computer systems, finance, law and the quantitative aspects of business. Through the selection of a concentration of study, a management major can achieve a major in Management along with a Concentration in Business Administration, Entrepreneurship, Finance, Health Care Management, Human Resources Management, or International Business Management. Utilizing the elective courses a student can achieve a double concentration, double major or minor from the other majors in the McGowan School of Business or the College of Arts and Sciences.
The Management concentrations gives the student strategic training in business, an appreciation of and ability to use the modern tools of management, an exposure to a broad range of business subjects and opportunities, and a wide range of career options, such as business enterprises, not-for-profit organizations, or government service, as well as graduate and/ or professional school.
The Management concentrations integrates and builds upon the CORE Curriculum courses/skills, including oral and written communication competencies, information technology, and critical thinking to enhance the learning of business. A variety of elective courses are available to meet the desires and interests of the students. These courses, and the availability of internships, contribute significant depth to the student's education.
Students in the Business Administration concentration follow a curriculum that will provide them with a breadth of knowledge in business which develop upon the McGowan School of Business core curriculum and the liberal arts tradition and core provided by the College. this concentration allows students to pursue a wide variety of professional careers in business administration. If you're considering a more specialized concentration, students may utilize their elective courses to pursue a second concentration or major within the McGowan School of Business or from the other majors within the College.
The concentration in Entrepreneurship offers an interdisciplinary approach to undergraduate entrepreneurial studies drawing upon the skills necessary to innovate new opportunities and to proceed with those opportunities through development, financing, and operationalizing the innovation. Students will further develop effective communication skills with a focus upon "selling" business opportunities in both oral presentation and written form from development of a written business plan and oral presentation that present and justify the success and sustainability of the identified opportunity.
The study of entrepreneurship is considered to be a drive for economic growth and job creation both domestically and globally. Through the series of required courses which include hands on learning opportunities utilizing the case method, students develop the knowledge and skills that will serve as the starting point for students who wish to start, run, or grow their own personal or family owned business. They will also develop the motivation and collaborative spirit to engage in innovative idea development in larger organizations. The concept of innovation and engagement also requires an understanding of and appreciation for the societal impact of innovation and working for the common good of all the stakeholders involved as well as society.
Finance is the art and science of the management of assets, especially money, and the raising of money through the issuance and sale of debt and/or equity. The finance curriculum is designed to provide students with the knowledge of the major concepts and practices of financial management, while at the same time helping them to develop their analytical, decision making, and communication abilities. The globalization of business activities and availability of capital from sources around the world and the role it plays are incorporated into the Finance curriculum.
The influence and the responsibilities of financial executives have expanded dramatically in recent years. Financial officers are involved in the most profound decisions affecting the strategy of business operations. They are concerned not only with pricing of products, but with the initial decisions to produce them. Most aspects of business affairs ultimately reduce to dollar terms, and the financial officers' intimate knowledge of the intricacies of financial operations places them in a vital role in corporate management. Financial careers involve corporate financial management, personal financial planning, investment management and research, and risk management.
Financial management involves the management and control of money and money-related operations within a business. Financial management also refers to the financial input needed for general business decisions such as the adoption of investment projects and securing the funding for the projects. The role of finance includes the oversight responsibility for the effective use of money and financial assets by all decision makers in the business entity. Personal Financial planners help individuals to create budgets, plan for retirement, and assist in determining the most appropriate investment vehicles for their clients.
Investment management and research spans a large number of capital market functions, including trading securities, researching debt equity issues, managing investment portfolios, assisting with mergers and acquisitions, and structuring new security issues. Risk managers use a wide variety of financial instruments, including financial derivatives, to limit the firm's exposure to adverse economic events like interest rate changes, foreign exchange fluctuations, and commodity price swings.
The Health Care Management concentration combines foundational business courses with those providing specialized knowledge and understanding of the health care industry. This robust curriculum prepares graduates for challenging management positions in a variety of health care organizations. Students will refine their oral and written communications skills, collaborative team experiences, and ethical and socially responsible behavior studies in relation to the needs of health care organizations.
The Health Care Management concentration will allow students to understand the major components of healthcare systems and related issues in the administration of healthcare delivery. The curriculum is designed to include the principles of healthcare economics and their implications for public policy, management, and operations of the health care organization. Students will also be prepared to begin their careers with an understanding of the managerial responsibilities by applying the basics of financial management and financial techniques unique to healthcare organizations.
Human Resources Management emphasizes the development of students for careers in the recruitment, development, management, and retention of the most valuable business asset - human capital. The concentration in Human Resources Management (HRM) prepares students with the strategic and management skills to function as human resource professionals in a variety of settings such as government agencies, health care, financial institutions, and business and industry.
The Society for Human Resource Management (SHRM) has acknowledged that King's College's Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in Human Resources Management aligns with SHRM's Human Resources Curriculum Guidebook and Templates. In 2014 there are only 210 undergraduate programs worldwide that have been acknowledged by SHRM as being in alignment with its suggested guides and templates. The guidelines reflect common agreement among faculty who teach HRM, students who study HRM, and practitioners who hire recent HRM degree program graduates regarding the minimum standards that constitute a broad and deep HRM education. The guidelines were created in 2006 and were re-validated in 2013 and every upcoming three years.
Human Resources Management majors typically begin their careers with positions as corporate recruiters, employee relations specialists, compensation analysts, HR generalists, and management trainees. Advancement opportunities exist in such occupations as employee relations, training and development, human resources management, labor relations, employee recruitment and selection, and compensation and benefits administrators.
The global economy is a reality and to meet the challenge of the 21st century, companies are seeking and hiring graduates with international business backgrounds. The rapid transfer of technology, the shrinking of world trade barriers, and the establishment of common markets and increased competition in traditional home markets have forced companies to respond. Companies now view the world as their market. Integration of production and markets and a need for stronger links to the global economy makes knowledge of International Business essential.
The International Business Management concentration is designed to study and understand the dynamic and complex global business environment within which organizations and individuals operate. In this era of globalization, business activities are increasingly international. In order to succeed in this global environment, college graduates must have clear understanding of theory and practice of core business functions as well as an ability to interact with the geographically, culturally, economically, legally and politically divergent environments within which multinational corporations undertake cross-border trade and investment.
International Business is a multidisciplinary concentration. Drawing from courses across the business curriculum, the program equips students with knowledge of international economics, foreign exchange, financial management, import/export process and international marketing. Focusing on the role of the United States in the international environment, the International Business concentration provides the knowledge and tools to students to prepare them for a career in the transnational arena, either overseas or within the United States.
Students gain the ability to analyze and understand global business operations though multidisciplinary curriculum, international corporate internships, study abroad opportunities, short term business travel courses to various regions of the world, and foreign language opportunities.
- Bachelor of Science in Business Administration (B.S.B.A.) with major in Management
- and a Concentration in Business Administration, Entrepreneurship, Finance, Health Care Management, Human Resources Management, or International Business Management.
- Minors are available in the following areas: Business Administration, Entrepreneurship, Finance, Health Care Management, Human Resources Management, and International Business Management.