Programs

Business Administration – Management

Business PBL

Every organization, from entrepreneurial start-up to global, complex companies are built from standard business principles taught in Cottey’s business programs. The knowledge, skills, and approaches you learn at Cottey can be applied in virtually any career path.

What’s different at Cottey? Experiential learning is emphasized at Cottey’s business courses, allowing you to apply theory and learning to real situations. For example, students in an introductory finance class might work with a local business on its accounting or business plans. Most courses feature case studies, where students apply their knowledge to solve business problems in real organizations.
A trip abroad for all second year Cottey students over the first week of spring break is paid for by the College.

Students at Cottey can pursue a business degree through a variety of ways:

  • International Business, including study abroad semester, bachelor degree
  • Business Administration-Management, bachelor degree
  • Associate degree: Concentration in Business

Close advising relationship with a business faculty will aid you, individually, to meet the needs of your particular field of study and your personal education and career ambitions. This highly personalized approach to student advising allows the student to take responsibility of her own academic program while tapping into faculty expertise and business career mentoring.
Degrees in business offer wide range of employment in fields as varied as: Advertising agencies, financial institutions, investment banking, law firms, health care organizations, manufacturing, insurance companies, trade organizations or federal, state, local governments.

Internship and Directed Study Opportunities

As a business major, your chances to gain real world learning experiences through internships and directed studies are almost boundless. Business students at Cottey have participated in internships at a variety of businesses and organizations including: H&R Block, LPL Financial Services, Nevada Daily Mail Newspaper, City of Nevada Economic Development Board, Mercy Health Systems, Target, and Nevada/Vernon County Chamber of Commerce. A successful internship provides students with an opportunity to apply their classroom learning to the workplace. Employers and graduate schools agree that students who have put classroom concepts and skills to work in a “real world” environment are more realistic and productive than those who have not.

Get Involved

Want to have fun and develop your leadership skills and your resume at the same time? Then get involved at Cottey College and in the Nevada community. Cottey College has more than 35 student clubs and organizations in which to be involved. Plus, the Nevada and surrounding community offer an abundance of service and volunteer opportunities.

If you plan to major in business, then you’ll definitely want to join Phi Beta Lambda, a collegiate student organization for students interested in pursuing a business or business-related career. PBL members develop leadership skills, initiate business ventures, organize community service projects, and attend state and national leadership conferences. Tau Beta Upsilon Chapter of Phi Beta Lambda was founded at Cottey College in 1995. Its mission is to bring business and education together in a positive working relationship through innovative leadership development programs. Membership is open to Cottey College students pursuing fields of study related to business. By participating in PBL, students are better prepared for careers, graduate school, and life. Cottey has a history of producing many state and national top ten competitive event winners.

Other activities one might consider while studying at Cottey include: Join LEO-Cottey’s Leadership, Experience, & Opportunity program-a four-level program leading to a certificate in leadership, work as business manager for The Spectrum (Cottey’s student newspaper), serve as an officer for a campus organization or project, participate in Cottey’s Student Government Association (S.G.A.), become involved in Golden Key-Cottey’s ambassador program, or join Cottey’s chapter of ROTARACT.

Business Majors Learning Objectives

Students who complete course offerings in the department will show progress in the following learning objectives:

  • Communicate effectively
  • Apply knowledge of business principles
  • Analyze and solve business problems
  • Have an understanding of global business issues

Transfer these courses successfully to appropriate baccalaureate programs or stay at Cottey College and experience the four-year bachelor’s degree in Business Administration-Management or International Business with a study abroad component.

Cottey’s Business Department provides students with the business core courses needed for transfer to a college of business in the fields of accounting, business administration, economics, finance, human resource management, international business, management and marketing. Preparing a class schedule, investigating majors, and researching transfer institutions can be confusing for a first year student. At Cottey College, academic advising assists the individual student in clarifying and achieving her educational goals.
There is a wide variation among colleges and universities for degree requirements thus, each student is assigned a full-time faculty member as an academic advisor. Together the advisor and student devise a balanced academic program, which encompasses the student’s educational and career ambitions. The advisor reviews all registration decisions, the advisee’s academic progress, and suggests transfer and career options. This personalized approach to student advising allows the student to take responsibility for her own academic program, while tapping into faculty expertise.

BUS101 INTRO TO BUSINESS
Study of business enterprise including descriptive introductions for accounting, economics, entrepreneurship, finance, management, marketing, human resource management, international business, and self-owned small business.

BUS103 PERSONAL FINANCE
Would you like to manage your money better? Want to start on the pathway to wealth. Consider PERSONAL FINANCE! A course that offers basic financial planning for individuals; money management, wealth building, budgeting, use of credit, investing, insurance, personal accounting, retirement planning and taxes.

BUS 211 Accounting I
Prerequisite OR corequisite: None
Study of generally accepted accounting principles and methods of preparing and analyzing financial statements. Use and interpretation of balance sheet, income statement, statement of owner’s equity, and statement of cash flow. Ethical and global issues in accounting.

BUS 212 Accounting II
Prerequisite OR corequisite: None
Study of methods used in preparing, interpreting, analyzing, and understanding accounting data for the purposes of goalsetting, planning, controlling, evaluating decisions involving business enterprises. Ethical and global issues in accounting.

BUS 320 Principles of Management
Prerequisite OR corequisite: BUS 211 OR BUS 212 OR ECO 201 OR ECO 202
This course introduces the functions of management that apply to any organization, including overviews of concepts, theories, and practices, the processes of developing plans and corporate strategy, structuring work relationships, coordinating activities, directing and motivating subordinates, and controlling functions that lead to organizational success. Roles and responsibilities of managers, effective decision making, productivity, and theories of human behavior will also be explored.

BUS 325 Principles of Marketing
Prerequisite OR corequisite: None
An introduction to the functions and activities of marketing including marketing concepts, role in society, target marketing, marketing mix and factors that influence marketing decision making.

BUS 335 Principles of Entrepreneurship
Have you ever thought about opening your own business. Entrepreneurship is a course that fosters the idea of starting, operating, and managing a business. Students will assess one’s individual skills and abilities, identify possible business opportunities, conduct feasibility analysis, research profit possibilities, explore market needs, find resources, and learn traits and characteristics of effective entrepreneurs. Students will begin to develop the skills necessary to organize, create, and manage a business.

BUS 340 Principles of Finance
Prerequisite OR corequisite: BUS 211 OR BUS 212 OR ECO 201 OR ECO 202
This course examines the financial needs of corporations, including asset investment, debt, and equity financing, and introduces decision making models for capital budgeting under uncertainty, taxation, and inflation. Other corporate finance issues include risk and return analysis, cost of capital, dividend policy, and capital structure.

BUS 315 Operations Management
Prerequisite OR corequisite: BUS 211 OR BUS 212 OR ECO 201 OR ECO 202 AND CSC 100 AND MAT 112
This course identifies and solves managerial problems relating to the production and delivery of goods and services. It examines project management, job design, factory capacity, layout planning, forecasting, inventory, and quality control through mathematical models and case studies.

BUS 310 Management Information Systems
Prerequisite OR corequisite: BUS 211 OR BUS 212 OR ECO 201 OR ECO 202 AND CSC 100
This course provides an understanding of the information needs of management, elements of information technology, various information systems, and how technology can be utilized for competitive advantage.

ECO 201 Macroeconomics

Prerequisite OR corequisite: None
Basic concepts of macroeconomics including scarcity and choice, markets and prices, inflation, employment, growth, money and banking, monetary and fiscal policy, and international trade.

ECO 202 Microeconomics
Prerequisite OR corequisite: None
Basic concepts of microeconomics including scarcity and choice, markets and prices, elasticity, externalities and common resources, costs of production, product markets, factor markets, and selected issues topics.

IDS/IRB 340 Environmental Business
Prerequisite OR corequisite: BUS 340
This course focuses on various types of environmental businesses from an entrepreneurial point of view. It elaborates on the profitability analysis of green projects, including the financial, operational, and marketing aspects, and investigates the role that government plays in the viability of such businesses.

IDS/IRB 345 Economics of the Environment
Prerequisite: ECO 202
Surveying global environmental management issues, this course introduces economic models and analytical tools for environmental planning and investigates their applications to the management of the environment, including air quality, water quality, solid wastes, and toxic substances.

INB 490 Global Business Strategy

Prerequisite: Prerequisite: Last semester
This course applies decision-making processes to practical business situations, using knowledge gained in previous courses. Examines business strategy and policy at executive management levels.

IRB/IDS 450 Corporate Social Responsibility
Prerequisite: Senior year
This course examines the responsibilities of corporations to their many constituencies. Explores various theories and examines the state of current practice. Includes concepts of ethics, environmental and social responsibility, governance, compliance, and sustainability accounting.

IRB/WST 293 Women in Developing Countries
Prerequisite: Senior year
This course focuses on the status and roles of women in developing countries. Addressing the problems of poverty, population growth, rural-urban migration, human capital formation, agricultural transformation, and environmental degradation, it emphasizes women as a critical part of the solution. The course includes student presentations.

IRB 320 Economics of Global Business
Prerequisite: ECO 201 AND ECO 202
This course considers international specialization, the development of world trade, commercial policy, and balance of payments as well as foreign exchange rates, markets, and policies.

IRB 420 Multinational Business Finance
Prerequisite: BUS 340 AND IRB 3xx Economics of Global Business
This course focuses on the theory and practice of multinational financial management. It covers the management of foreign exchange risk, intracorporate fund flows, and working capital and examines foreign direct investment, international project analysis, and foreign operations financing.

IRB 480 International Management
Prerequisite: BUS 320 AND INB 3xx Economics of Global Business
This course analyzes cross-cultural and international management issues, and the problems of managing in a global environment. Focuses on cultural and regional differences, political and economic influences, global market factors, and other variables.

IRB 491 Topics in International Business & Relations
Prerequisite: Senior Standing in IRB
This course focuses on current events concerning international relations and business. Students will also focus on specific workforce industry trends, concerns, and opportunities in their chosen career field. The course will be taken in the final semester before graduation.

In choosing electives, students should aim for courses related to the interests they anticipate pursuing. For example: Students with interests in human resource management or in non-profit organizations are wise to take courses in psychology or sociology. Students with interests in computer information systems are wise to take courses in computer science. A student who plans to pursue a career in pharmaceutical sales would benefit from chemistry courses.

Business majors can benefit from taking computer science, logic, and ethics.

RELEVANT COURSES RECOMMENDED AS ELECTIVES:
BUS 103 Personal Finance
SPE 101 Fundamentals of Speech
CSC 100 Computer Applications
PSY 101 General Psychology
ENG 210 Business and Technical Communication
MAT 112 Statistics
MAT 201 Calculus I (also MAT202, 203)
PHI 103 Ethics
PHI 112 Logic
POL 101 U.S. Government
SOC 101 Introduction to Sociology
PE 142 Beginning Golf
THE 103 Beginning Acting

Business Administration – Management B.A. Plan

Year 1 Fall Spring
ENG 101 College Writing 1 3 ENG 102 College Writing 2 3
MAT 103 College Algebra 3 MAT 112 Elementary Statistics 3
ECO 201 Macroeconomics 3 ECO 202 Microeconomics 3
Dance or PE course 1 Fine Arts course 3
CSC 101 Application Sys. Concepts/Practice 3 Humanities course 3
Elective 3
Total: 16 Total: 15
Year 2 Fall Spring
BUS 211 Financial Accounting 3 BUS 212 Managerial Accounting 3
OLS 102 Foundations in Leadership 3 BUS 310 Management Information Systems 3
PSY 101 General Psychology 3 BUS 320 Management 3
Science with Lab course 4 IDS/OLS 350 Team Leadership and Group Dynamics 3
Elective 3 Elective 3
Total: 16 Total: 15
Year 3 Fall Spring
BUS 315 Operations Management 3 PSY 430 Conflict Resolution 3
BUS 325 Prin. of Marketing 3 BUS 350 Organizational Behavior 3
BUS 340 Prin. of Finance 3 BUS 335 Management 3
Dance/ or PE course 1 Business Internship 3
Science course 3-4 Elective 3
Elective 3
Total: 16-17 Total: 15
Year 4 Fall Spring
BUS 480 Strategic Management 3 INB 490 Global Business Strategy (capstone) 3
INB 480 International Management 3 INB 450 Corporate Social Responsibility 3
BUS 335 Prin. of Entrepreneurship and Small Business 3 Interdisciplinary course 3
Women, Gender, and Sexuality Studies 3 INB 491 Topics in Business/International Relations 3
Elective 3 Elective 3
Total: 15 Total: 15
Total Hours: 123-124

Paula Chelminska
Assistant Professor of International Business
Jeanette and Joseph Head Associate Chair in Business
140 Alumnae
417-667-6333, ext. 2273
pchelminska@cottey.edu

Gary Lunkenheimer, Ph.D.
Associate Professor of Business and Economics
Coordinator of Business Administration – Management and International Business
Sherlock Hibbs Professor of Economics
100 Rubie Burton Academic Center
417-667-6333, ext. 2271
glunkenheimer@cottey.edu

Tammy Ogren, Ph.D.
Assistant Professor of Business Administration-Management
Rogers Fine Arts Building 208
417-667-6333, ext. 2198
togren@cottey.edu

Colleges have different philosophies of teaching business. Some colleges focus on quantitative, analytical, and technological aspects of business, while others emphasize strategy and management. Some programs get you ready for graduate school by teaching business theory. Other schools take a practical hands-on approach that prepares you for a business career with your bachelor’s degree. A School of Business in a large university may offer the following majors: accounting, business administration, management, entrepreneurial studies, finance, international business, marketing, and business law. A degree in business offers a wide range of employment possibilities.

Cottey business students learn the traditional theories and strategies of business administration and management programs, but with a practical, hands-on approach that prepares you for business career.
Cottey women participate in activities in and outside the classroom, preparing them for careers in business, with additional focus on women in leadership. Students focus on the business and leadership opportunities and challenges of women in business today through:

  • Phi Beta Lamda business club and competitions
  • Internships
  • Guest speakers from industry
  • Field trips
  • Activity based learning
  • Study abroad
  • Business club competitions
  • Leadership activities with special focus on Women in Business
  • Application based capstone project

Is This Major For You?

You might like this major if you also like: solving problems; leading; scheduling; using computers; analyzing situations

Consider this major if you are good at: attention to detail; organizing; critical reading and writing; leadership

Employment Settings

  • Law firms
  • Financial institutions
  • Health care organizations
  • Insurance companies
  • Trade and labor organizations
  • Real estate brokers or agencies
  • Small & medium-sized businesses
  • Service and hospitality industries
  • Nonprofit organizations
  • Federal, state and local government

Sample Occupations

  • Accountant/Auditor/Banker
  • Purchasing Agent
  • Financial Analyst
  • Manager/Administrator/Supervisor
  • Arbitrator
  • Trainer
  • Lobbyist
  • Program/Systems Analyst
  • Entrepreneur
  • Advertising/Marketing Director
  • Sales Representative
  • Import/Export Broker
  • International Trade Specialist

Academic Assistance Center Resources

Great Jobs for Business Majors
Careers in Business
Careers in Marketing
Sales and Marketing Careers
Careers for Self-Starters and Other Entrepreneurial Types

Typical Courses In This Major

  • Accounting I, II
  • Business Law
  • Macro and Micro Economics
  • Principles of Marketing
  • Business Statistics
  • International Trade and Business
  • Production Management
  • Human Resources

Other Majors You Might Like

  • Marketing
  • International Business
  • Hospitality Management
  • Economics
  • Accounting
  • Public Administration

Websites To Visit

Blog for Millionaire Women Next Door-Thomas J. Stanley
http://www.thomasjstanley.com

Economics Blog for N. Gregory Mankiw–
http://gregmankiw.blogspot.com

Nevada/Vernon County Chamber of Commerce
http://www.nevada-mo.com

The National Federation for Independent Business
www.nfib.com

American Business Women’s Association
www.abwa.org

National Association of Women Business Owners
www.nawbo.org

Careers In Business
www.careers-in-business.com

The National Federation for Independent Business
www.nfib.com

National Association of Women Business Owners
www.nawbo.org

Careers In Business
www.careers-in-business.com

For more information on this and other majors, visit the Transfer and Career Planning Office located in the Academic Assistance Center, RBAC 164