New Opportunity Includes Concentrations in Management and Marketing
DELAWARE, Ohio – Ohio Wesleyan University’s Department of Economics will add a business administration major in fall 2016 with concentrations available in management and marketing.
“The vision of the OWU business administration major is to provide a high-quality business education delivered in a liberal arts environment that enables students to excel in their chosen field and that prepares them for meaningful work and life in a dynamic world,” said Barbara A. MacLeod, CFA, chair of the economics department and the university’s John J. Joseph Professor of Management.
The business administration major will prepare individuals to plan, organize, direct, and control the functions and processes of a firm or organization, MacLeod said, and it will stress helping students to obtain meaningful internships and externships (short-term shadowing opportunities).
MacLeod said the faculty worked diligently and deliberately to create a program that will train students to think and act differently than those in a traditional business major.
“This business administration major is different than what you’ll find at a big university,” she said. “This is a business major grounded in the liberal arts tradition. It emphasizes critical thinking, excellent written and verbal communication, a thorough understanding of business theory and practice, and an appreciation of the connections between business and other fields. Those are skills and perspectives that employers crave.”
To achieve its objectives, OWU’s business administration major will include exposure to management theory, human resources management and behavior, accounting and other quantitative methods, logistics, organization and production, marketing, and strategic decision-making.
MacLeod said the program also will build upon knowledge of the functional, environmental, behavioral, and legal aspects of business as well as provide analytical and conceptual tools for analyzing complicated problems in real-world settings.
The university anticipates interest in its new major will be strong. In August, Forbes Magazine ranked Ohio Wesleyan at No. 17 in the nation and No. 1 in Ohio among “America’s Most Entrepreneurial Colleges 2015.” In addition, the university works with students to offer internships with such respected programs as the Philadelphia Urban Semester, which enables students to live and work on their own in Pennsylvania’s largest city.
In addition to its new major in business administration, Ohio Wesleyan’s Department of Economics also offers majors in economics, finance economics, management economics, and accounting. It offers a major in international business in conjunction with other departments, including geography and politics and government. The Department of Economics offers minors in three areas: economics, management, and accounting. Beginning in fall 2016, the management minor will be transitioned into a business minor.
Founded in 1842, Ohio Wesleyan University is one of the nation’s premier liberal arts universities. Located in Delaware, Ohio, the private university offers 86 undergraduate majors and competes in 23 NCAA Division III varsity sports. Ohio Wesleyan combines a challenging, internationally focused curriculum with off-campus learning and leadership opportunities to connect classroom theory with real-world experience. OWU’s 1,675 students represent 43 U.S. states and territories and 33 countries. Ohio Wesleyan is featured in the book “Colleges That Change Lives,” listed on the latest President’s Higher Education Community Service Honor Roll with Distinction, and included in the U.S. News & World Report and Princeton Review “best colleges” lists. Learn more at www.owu.edu.