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  • economics major
  • business administration major
  • accounting major
  • accounting minor
  • business administration minor
  • economics minor
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    Economics, business administration and accounting

    The economics, business administration and accounting department aims: 1) to provide essential education in the areas of economics, business administration and accounting for students seeking careers in business, government, nonprofit institutions and teaching; 2) to make available a sufficient foundation in the disciplines of economics, business administration and accounting and related areas such as mathematics to qualify students for graduate study in business, accounting or economics and for professional certification; and 3) to advance an understanding of the economic aspects of our society as one basis for more intelligent citizenship and participation in contemporary society. In the last aim the department seeks to serve not only its majors, but all students of the college.

    Majors
    Students may select majors in: Economics, Business Administration or Accounting. Note that students may also consider an information systems major, which is sponsored jointly by the EBA department and the computer science department. Students may select any two of the majors offered by the department. For the double major, required courses common to the two majors may count in each, but required elective courses may count in only one of the two majors. Students desiring a double major should consult with their adviser for details.

    For any of these majors, the minimum mathematics requirement is that: 1) the student's mathematics placement indicates readiness for at least MAT 114; or 2) the student completes MAT 100 with a C- or higher. This requirement should be completed as soon as possible after beginning study. All majors who are planning to attend graduate school in economics are strongly encouraged to take the calculus sequence as well as linear algebra, probability and statistics and differential equations.

    Economics (38 hours)
    Required: (35 hours)
    EBA 141 Principles of Macroeconomics (3)
    EBA 142 Principles of Microeconomics (3)
    EBA 284 General Statistics (3)
    EBA 232 Intermediate Microeconomic Theory (3)
    EBA 233 Intermediate Macroeconomic Theory (3)
    EBA 347 Labor Economics (3)
    EBA 351 Public Finance (3)
    EBA 353 Money and Banking (3)
    EBA 371 International Trade and Investment (3)
    EBA 382 Economic Development and the Environment (3)
    EBA 400 Economics and Business Seminar (2)
    MAT 115 Business Calculus (3) or
       MAT 135 Calculus 1 (5)

    In addition, the student selects one three-hour upper level business course or internship related to the field with the advice and consent of the faculty adviser. Students planning to go to graduate school should take EBA 385 Introduction to Econometrics as a directed study.

    Business Administration (50 hours)
    Required: (35 hours)
    EBA 141 Principles of Macroeconomics (3)
    EBA 142 Principles of Microeconomics (3)
    EBA 151 Principles of Accounting 1 (3)
    EBA 152 Principles of Accounting 2 (3)
    EBA 284 General Statistics (3)
    EBA 353 Money and Banking (3)
    EBA 354 Principles of Management (3)
    EBA 356 Principles of Marketing (3)
    EBA 366 Principles of Finance (3)
    EBA 380 Corporate Strategy (3)
    TEC 102 Using Microcomputers 2 (2)
    MAT 115 Business Calculus (3) or 
       MAT 135 Calculus 1 (5)


    Electives: A minimum of 6 hours from the following list
    EBA 232 Intermediate Microeconomics (3)
    EBA 233 Intermediate Macroeconomics (3)
    EBA 245 Business Law (3)
    EBA 300 Business Internship (3 hours may be counted)
    EBA 355 Production and Operations Management (3)
    EBA 369 Introduction to Information Systems (3)
    COM 275 Organizational Communication (3)

    In addition, the student selects a minimum of 9 hours from the department with the advice and consent of the faculty adviser to complete the comprehensive business administration program or a field of concentration. Many programs are possible depending on the student's interest, but the following have been designed to meet some of the more common possibilities: comprehensive business administration, finance, international business, human resource management,management, management of information systems, marketing and public administration.

    Additional courses in the department or related fields of mathematics, computer science, psychology and sociology can be used to complement the major.

    Comprehensive Business Administration Program
    This program is designed for students who prefer a broad business preparation for a variety of careers in business, government, public or social service organizations. For this program a minimum of 9 hours is selected broadly from department courses representing the various disciplines, including accounting, economics, management, marketing, finance and international business courses.

    Finance concentration
    A minimum of 9 hours selected from the following courses:
    EBA 250 Intermediate Accounting 1 (3)
    EBA 251 Intermediate Accounting 2 (3)
    EBA 343 Intermediate Managerial Accounting (3)
    EBA 367 Financial Investments (3)
    EBA 368 Financial Institutions(3)
    EBA 371 International Trade and Investment (3)

    International Business concentration
    A minimum of 9 hours (6 hours from the EBA department) selected from the following courses:
    EBA 371 International Trade and Investment (3)
    EBA 382 Economic Development and the Environment (3)
    LAS 342 Cross-cultural/Service Learning Experience (4)
    HIS 245 Regional and National Studies (3)

    Human Resource Management concentration
    This concentration consists of 9 hours in the three following courses:
    EBA 364 Human Resource Management (3)
    PSY 230 Testing and Measurement (3)
    EBA 347 Labor Economics (3)

    Management concentration
    A minimum of 9 hours selected from the following courses:
    EBA 343 Intermediate Managerial Accounting (3)
    EBA 347 Labor Economics (3)
    EBA 355 Production and Operations Management (3)
    EBA 364 Human Resources Management (3)
    EBA 359 Entrepreneurship (3)
    EBA 369 Introduction to Information Systems (3)
    COM 360 Leadership in Church-Related Organizations (3)
    SOC 230 Organizational Behavior (3)

    Management of Information Systems concentration
    A minimum of 9 hours selected from the following courses:
    EBA 320 Accounting Information Systems (3)
    EBA 325 E-Commerce (3)
    EBA 369 Introduction to Information Systems
    EBA 375 Information System Design and Policy (3)
    CPS 108 Computer Programming (4)

    Marketing concentration
    A minimum of 9 hours selected from the following courses:
    EBA 325 E-Commerce (3)
    EBA 357 Marketing Research (3)
    EBA 358 Consumer Behavior (3)
    EBA 360 Sales (3)
    EBA 362 Advertising (3)
    EBA 363 Marketing Management (3)
    FCS 340 Retail Merchandise Planning (3)

    Public Administration concentration
    A minimum of 9 hours selected from the following courses:
    EBA 351 Public Finance (3)
    EBA 352 Government and Not-for-Profit Accounting (3)
    EBA 364 Human Resource Management (3)
    COM 360 Leadership in Church-Related Organizations (3)

    Accounting (44 hours)
    Required: (38 hours)
    EBA 141 Principles of Macroeconomics (3)
    EBA 142 Principles of Microeconomics (3)
    EBA 151 Principles of Accounting 1 (3)
    EBA 152 Principles of Accounting 2 (3)
    EBA 284 General Statistics (3)
    EBA 245 Business Law (3)
    EBA 250 Intermediate Accounting 1 (3)
    EBA 251 Intermediate Accounting 2 (3)
    EBA 255 Cost Accounting (3)
    EBA 343 Intermediate Managerial Accounting (3)
    EBA 353 Money and Banking (3)
    TEC 102 Using Microcomputers 2 (2)
    MAT 115 Business Calculus (3) or
       MAT 135 Calculus 1 (5)

    In addition, the student selects a minimum of 6 hours from the following.
    EBA 300 Internship (3)
    EBA 320 Accounting Information Systems (3)
    EBA 346 Auditing (3)
    EBA 352 Government and Not-for-profit Accounting (3)
    EBA 372 Personal Income Tax Accounting (3)
    EBA 374 Corporate and Partnership Income Tax Accounting (3)

    Accounting majors need to have completed 150 semester hours of college level courses to sit for the Ohio CPA examination. This can be accomplished by either completing 150-hour bachelorís degree or participating in one of our 4+1 programs (four-year BA plus one-year MBA) with the MBA completed at a nearby university. See you advisor for details.

    We encourage all students interested in sitting for the Ohio CPA examination to take EBA 346, EBA 372 and EBA 374.

    Minors
    Students may select one of the following: a minor in economics, accounting or a minor in business administration. Courses required for a minor may not be taken as an elective in a major, nor may elective courses count towards a major and a minor.

    Accounting (18 hours)
    Required:
    EBA 151 Principles of Accounting 1 (3)
    EBA 152 Principles of Accounting 2 (3)
    EBA 250 Intermediate Accounting 1 (3)
    EBA 251 Intermediate Accounting 2 (3)

    Two electives in accounting (6).

    Business Administration (20-21 hours)
    Required:
    EBA 141 Principles of Macroeconomics (3)
    EBA 142 Principles of Microeconomics (3)
    EBA 151 Principles of Accounting 1 (3)
    EBA 152 Principles of Accounting 2 (3)
    EBA 354 Principles of Management (3)
    EBA 356 Principles of Marketing (3)

    One additional 200 level or higher course from the department offerings.

    Economics (21 hours)
    Required: (12 hours)
    EBA 141 Principles of Macroeconomics (3)
    EBA 142 Principles of Microeconomics (3)
    EBA 284 General Statistics (3)
    EBA 353 Money and Banking (3)

    Electives (9 hours)
    EBA 232 Intermediate Microeconomics (3)
    EBA 233 Intermediate Macroeconomics (3)
    EBA 347 Labor Economics (3)
    EBA 351 Public Finance (3)
    EBA 371 International Trade and Investment (3)
    EBA 382 Economic Development and the Environment (3)

    Courses

    EBA 141 Principles of Macroeconomics (3)
    An introduction to the American economy, the nature and method of economics and the economizing problem. Topics include national income, employment, inflation, fiscal and monetary policy, economic stability and economic growth.

    EBA 142 Principles of Microeconomics (3)
    A continuation of EBA 141. Emphasis is on decision-making by households and resource allocation by business firms. Topics include the different types of market structures, the resource markets and consumer behavior and international trade. Prerequisite:
    EBA 140 or EBA 141.

    EBA 151 Principles of Accounting 1 (3)
    An introduction to the concepts and uses of financial information, the preparation of financial statements, analysis of the effect of transactions on the financial position of a company and the study of ethics in business situations.

    EBA 152 Principles of Accounting 2 (3)
    A continuation of EBA 151 with an emphasis on the uses of accounting information, an interdisciplinary approach to managerial accounting concepts of planning, controlling and decision-making and the application of ethics. Prerequisite:
    EBA 151.

    EBA 232 Intermediate Microeconomics (3)
    This course applies the principles of economics to an economic analysis of producer and consumer behavior. The emphasis is on indifference curve and isoquant analysis and the theory of price, cost and market structure and their application to current issues. Prerequisites:
    EBA 141 and EBA 142. Offered alternate years.

    EBA 233 Intermediate Macroeconomics (3)
    This course applies the principles of economics to an economic analysis of unemployment, inflation and economic growth. Emphasis is on determining policies for achieving macroeconomic goals and controversies among various schools of thought. Prerequisites:
    EBA 141, EBA 142 and satisfactory completion of the department's minimum mathematics requirement. Offered alternate years.

    EBA 245 Business Law (3)
    A study of the general principles of law which are especially useful in business: contracts, property, credit transactions, negotiable instruments and business organizations. Prerequisite: sophomore standing.

    EBA 250 Intermediate Accounting 1 (3)
    Development and analysis of accounting theory underlying accepted accounting methods and the method of applying that theory will be covered. Financial reporting focus emphasizes the disclosure requirement in accordance with generally accepted accounting principles and the application of ethics. Prerequisites:
    EBA 152.

    EBA 251 Intermediate Accounting 2 (3)
    Continuation of EBA 250 with further study regarding investments, long-term liabilities, taxes, the equity section of the balance sheet, financial statement analysis and the application of ethics. Prerequisite:
    EBA 250.

    EBA 255 Cost Accounting (3)
    Accounting procedures and principles applicable to the determination of cost of material used, labor employed and overhead expense incurred. Analysis and use of the above data in the decision-making process relating to the control of the business firm and the application of ethics. Prerequisite:
    EBA 152. Offered alternate years.

    EBA 284 General Statistics (3)
    A study of applied statistics for economics, business and other social or natural sciences. Emphasis is on descriptive methods, probability and sampling theory and statistical inference for means, proportions and linear regressions including related computer applications. Prerequisite:
    Mat 115 or any college level calculus course.

    EBA 300 Internship (Hours arranged by director, maximum 12 hours)
    An internship program allows the student to apply classroom learning to a work experience. Seminars and writing are also a part of the course requirement. By permission of the program director. Credit/no credit.

    EBA 320 Accounting Information Systems (3)
    The purpose of this course is to introduce the student to accounting information systems. The course provides an overview of the concepts, objectives, and importance of properly designed systems. It provides an in-depth study of the application of information systems knowledge to the accounting environment. Students will understand how professionals apply management information science in processing accounting data, as well as creating and maintaining reporting and control systems. Prerequisite:
    EBA 250.

    EBA 325 E-Commerce (3)
    This course will provide an understanding of the technical skills, the business concepts and strategies, and the social issues surrounding one of the fastest growing areas of the Internet. The course will explore the impact the Internet has made regarding the exchange of goods and services, the organizational form and legal issues. It will also explore the problems created by electronic commerce such as privacy, security, intellectual property and legal liability issues. Prerequisite
    EBA 369 or permission of the instructor.

    EBA 343 Intermediate Managerial Accounting (3)
    Theroretical analysis and application of cost accounting systems in business planning, budgeting and decision making; the use of quantitative techniques by management and ethics. Prerequisite:
    EBA 152. Offered alternate years.

    EBA 346 Auditing (3)
    This attestation function is developed with the concepts of audit evidence, materiality and risk analysis and the integration of financial and cost accounting, ethics, accounting theory and information systems into a systematic process of obtaining, evaluating and reporting economic events. Prerequisite:
    EBA 250. Offered alternate years.

    EBA 347 Labor Economics (3)
    Economics of labor and labor organizations in the contemporary economy: composition of the labor force, union organization, collective bargaining, wage determination, labor law and economic insecurity. Prerequisites:
    EBA 141 and EBA 142. Offered alternate years.

    EBA 351 Public Finance (3)
    Federal, state and local government expenditures, revenues, debt and fiscal administration with emphasis on fiscal problems and policies of the federal government. Prerequisites:
    EBA 141 and EBA 142. Offered alternate years.

    EBA 352 Government and Not-for-profit Accounting (3)
    Accounting recording and reporting for not-for-profit organizations including state and local governments, colleges, health care and HMO's. Emphasis is given to the Comparative Annual Financial Report (CAFR), various funds and the CPA exam questions.

    EBA 353 Money and Banking (3)
    A study of the economic nature of money, banks and other depository institutions and the Federal Reserve System. Emphasis is given to understanding transactions involving the interaction of commercial banks and Federal Reserve System in impacting the money supply. Prerequisites:
    EBA 141, EBA 142, EBA 151, EBA 152 and satisfactory completion of the department's minimum mathematics requirement.

    EBA 354 Principles of Management (3)
    A study of management of the modern firm based on the classic managerial functions of planning, organizing, leading and control with an emphasis on using team-based learning structures. Prerequisites:
    EBA 141 and EBA 142 and junior status.

    EBA 355 Production and Operations Management (3)
    The study of management issues and analytical problem-solving techniques in the areas of operations and manufacturing management. Prerequisite:
    EBA 354. Offered alternate years.

    EBA 356 Principles of Marketing (3)
    An examination of the functions of marketing and marketing institutions with emphasis on market structures and pricing, distribution channels and the management of marketing function. Prerequisites:
    EBA 141 and EBA 142 and junior status.

    EBA 357 Marketing Research (3)
    An introduction to information gathering, research design, sampling techniques, data collection processes and analysis of data used in marketing decisions. Prerequisites:
    EBA 356 and EBA 284. Offered alternate years.

    EBA 358 Consumer Behavior (3)
    Consumer behavior is the study of the decision-making process involved in acquiring, consuming and disposing of goods, services, experiences and ideas. Offered alternate years.

    EBA 359 Entrepreneurship (3)
    This course brings together, examines and develops the knowledge required to successfully organize, create and manage a business endeavor. The student will explore the feasibility of an idea through the use of a business plan with measured results. Prerequisites:
    EBA 152, EBA 354 and EBA 356 or permission of the instructor. Offered alternate years.

    EBA 360 Sales (3)
    An introduction to sales techniques, cases, sales management, recruiting, evaluation and control within the marketing environment. Prerequisite:
    EBA 356. Offered alternate years.

    EBA 362 Advertising (3)
    An introduction to the field of advertising and its relationship to marketing. Consideration is given to all facets of an advertising campaign. Areas covered include: target marketing methods, basic media selection, promotion, creativity and production. Prerequisite:
    EBA 356. Offered alternate years.

    EBA 363 Marketing Management (3)
    Covers marketing decision-making and interaction among different function areas of marketing to better develop marketing strategies that define target markets and build a marketing mix. Prerequisites:
    EBA 354, EBA 356 and approval of instructor. Offered alternate years.

    EBA 364 Human Resources Management (3)
    The study of the personnel field in the modern organization, dealing with the areas of recruitment, training, employee relations, compensation, health and safety and separation. In addition, the impact of government regulations and the demands of society will be analyzed. Prerequisite:
    EBA 354 or permission of the instructor. Offered alternate years.

    EBA 366 Principles of Finance (3)
    An introduction to the financial markets and the basic finance functions of the business firm. Topics include risk and return on investment, short-term and long-term financing, financial analysis and planning and capital investment. Prerequisites:
    EBA 141, EBA 142, EBA 151, EBA 152 and junior status. This course can be waived for students who have received a C- or better in EBA 250, EBA 251 and EBA 343.

    EBA 367 Financial Investments (3)
    An examination of the basic principles of investment, securities analysis and the construction of an investment portfolio. Application of the basic principles will be used from the viewpoint of the individual investor as well as the institutional investor. Prerequisite:
    EBA 366. Offered alternate years.

    EBA 368 Financial Institutions (3)
    A study of the management of financial institutions such as commercial banks, savings and loan associations, insurance companies and pension funds. Financial markets, government regulation and capital management problems will be discussed. Prerequisites:
    EBA 366 and EBA 353. Offered alternate years.

    EBA 369 Introduction to Information Systems (3)
    A survey of an organizationís information needs, and the tools and strategies required to satisfy and manage those needs. Prerequisites:
    EBA 354, EBA 356, CPS 112 (for IS majors).

    EBA 370 Issues in Health Care Management (3)
    A review of the major issues unique to the management of health care institutions. Attention will be given to those issues pertaining to the balance of private and public responsibility and to the way various funding mechanisms affect the provision of health care services. Prerequisite:
    EBA 354 or permission of the instructor. Offered alternate years.

    EBA 371 International Trade and Investment (3)
    A study of the theories, policies and institutions of international trade and finance, balance of payment equilibria and international firms. Prerequisites:
    EBA 141 and EBA 142. Offered alternate years.

    EBA 372 Personal Income Tax Accounting (3)
    An introduction to the concepts of the federal tax law pertaining to individuals and sole proprietorships. Basic tax rules and regulations will be covered. Tax software will be used to complete tax returns.
    Offered alternate years.

    EBA 374 Corporate and Partnership Income Tax Accounting (3)
    An introduction to federal tax rules and regulations pertaining to corporate, s-corporate and partnership taxation.
    Offered alternate years.

    EBA 375 Information System Design and Policy (3)
    In the first phase students develop an awareness of the need to manage information as an organizational and societal resource. Students will consider relevant public policies that impact an organizationís information management strategies. In the second phase students learn how to implement an information system. Specific emphasis is placed on analysis and design of a corporate information system. Prerequisite:
    EBA 369. Recommended: CPS 322. Offered alternate years.

    EBA 380 Corporate Strategy (3)
    This Senior Capstone course requires the student to synthesize what has been learned in the separate functional fields of business. Students will utilize knowledge from previous course work in business, strengthen oral and written communication skills, develop critical thinking ability and develop the ability to work in groups. A major portion of the class will be devoted to case studies in business. Prerequisites:
    EBA 354, EBA 356, EBA 366 and senior standing, or permission of the instructor.

    EBA 382 Economic Development and the Environment (3)
    A survey of the experience in both developed and less-developed countries to isolate the socio-economic factors that stimulate or hinder economic development; implications for natural environment and possible limits to growth due to food or natural resource scarcities; and application of economic theory to the development process. Prerequisites:
    EBA 141 and EBA 142. Offered alternate years.

    EBA 385 Introduction to Econometrics (3)
    An introduction to measurement in economics and business with correlation and regression models, both bivariate and multivariate. Emphasis is on the results of violation of the model assumptions and interpretation of standard multiple regression programs. Prerequisites:
    EBA 284 and either MAT 115 or MAT 135. Economics and Business majors are required to have taken EBA 141 and EBA 142. Students from other majors are encouraged to enroll after consulting the instructor. Offered alternate years.

    EBA 390 Independent Study (3)
    By arrangement.

    EBA 400 Economics and Business Seminar (2)
    A capstone course designed to be taken near the completion of the undergraduate educational experience in which students conduct a research project to integrate and apply the concepts that they learned during their college experience in analyses of current economic and business issues.