Business, Accounting & Economics

According to survey after survey of America’s corporate sector, executives and hiring managers are looking for college graduates who adapt well to change, communicate effectively, think critically and analytically, and interact constructively with others.

In other words, they’re looking for just the kind of graduates produced by Albright’s Department of Business, Accounting & Economics.

The College’s firm grounding in the liberal arts, its emphasis on an interdisciplinary curriculum, and its numerous opportunities for experiential learning will instill in you the skills sought by business leaders. Nearly half of the Department’s students graduate with a combined major – terrific preparations for a professional world in which academic disciplines often intersect.


Business, Accounting & Economics Mission Statement

In support of the College mission, the Business, Accounting & Economics Department prepares students for both employment and graduate study through the integration of theory and practice. Using an interdisciplinary approach, the Department’s goal is to blend the students’ liberal arts education with their professional business studies to provide a holistic education that prepares students to compete effectively and meet the challenges in the global economy. The Department is strongly committed to preparing its students to assume dynamic leadership roles in their professions and communities. To achieve this goal, we engage students in a small group, inquiry-based, experiential learning environment. Our curriculum is designed to provide a stimulating atmosphere; students are encouraged to go beyond classroom lectures and passive acquisition of information. We encourage our students to be active learners; we continue to engage them in projects that emphasize critical reasoning, analytical thinking, independent research and communication of their findings. We strive to cultivate and develop students who value and practice ethical behavior, social responsibility, intellectual curiosity, and a commitment to continuing personal growth.


Business, Accounting & Economics Vision Statement

Fully supporting Albright College’s vision and mission, the Department of Business, Accounting, and Economics contributes to the development of local communities as well as the business world in general through our academic excellence that nurtures life-long education. Integrating innovative curricula in a supportive learning environment, we prepare our students to be not only successful problem solvers, effective communicators, cooperative team members, but also ethical leaders who will make a difference in the world and people’s lives.


At Albright College, you’ll learn more than just the technical aspects of business, accounting and economics. You’ll develop interpersonal abilities, adaptability and communication skills. You’ll learn to think critically and collaborate with others. You’ll interact with people from all over the world. And you’ll graduate with the skill set that employers are looking for.

The Department’s dedicated faculty encourages you to become active learners, keeping abreast of the latest innovations in your field – or fields – of study. Diversified course projects emphasize analytical thinking and strengthen oral and written communication skills.

Our faculty also believes that guidance goes hand-in-hand with teaching. They’ll work one-on-one with you to assist in identifying career paths, charting long-term professional development, and preparing for the job search process.

Business Administration

Business studies at Albright are a blend of theory and application. You’ll receive hands-on experience through internships, simulations, field trips and case studies. The business administration major offers a comprehensive program that aptly combines in- and out-of-class learning.

Unlike at many other schools, you’ll start with business coursework in your freshman year, and during the course of your education will take classes in accounting, economics, statistics, finance, management, marketing, management information systems, business-government-society and business strategy. You’ll select from one of five specializations, with co-majors available through the use of electives.

Requirements:

  • ECO 105 (satisfies social science general studies requirement)
  • ECO 207 (satisfies quantitative reasoning general studies requirement)
  • A core requirement of these courses:
    • ACC 101
    • BUS 210
    • BUS 345
    • BUS 346
    • BUS 347
    • BUS 366
    • BUS 380
    • BUS 460
  • One additional Economics course above the 100-level
  • In addition, students must complete four courses in one of the following tracks: Economics, Finance, International Business, Management or Marketing.
    • Economics
      • ECO 335
      • ECO 336
      • One 300-level Economics course
      • ECO 492
    • Finance
      • BUS 350
      • ECO 313
      • One from ACC 201, BUS 378, ECO 301, ECO 307 or ECO 336
      • BUS 495
      • Note: Students interested in careers involving serious financial analysis are strongly encouraged to complete the interdisciplinary major in Accounting, Economics and Finance.
    • International Business
      • BUS 368
      • BUS 374
      • ECO 301
      • BUS 498
    • Management
      • BUS 365
      • BUS 368
      • BUS 250 or BUS 382
      • BUS 496
    • Marketing
      • BUS 370
      • BUS 372
      • One from BUS 374, BUS 376, BUS 378 or COM 317
      • BUS 497

Combined Major in Business Administration

Requirements:

  • ACC 101
  • BUS 345, 346, 347, 366
  • BUS 210 or 368
  • BUS 380
  • BUS 460
  • General studies courses ECO 105 (social science) and ECO 207 (quantitative reasoning)
  • Note: Combined majors will receive a track designation if the four required upper-level courses are completed. Students considering combining Business Administration with Economics should consult the department chair for the required courses.

Accounting

Requirements:

  • ACC 101
  • ACC 201, 202
  • ACC 325, 330, 331, 338
  • ACC 408
  • One 400-level accounting seminar
  • ECO 207
  • BUS 345
  • One business/economics course (200-level or above)
  • ACC 110 (formerly SPI 260)
  • Students must select ECO 105 as a General Studies Foundations-Social Science course and MAT 125 as a General Studies Foundations-Quantitative Reasoning course.

Combined Major in Accounting

Requirements:

  • ACC 101
  • ACC 201, 202
  • ACC 325, 330, 338
  • ACC 408
  • One 400-level accounting seminar

Economics

Requirements:

  • ACC 101
  • ECO 105 (satisfies general studies social science requirement)
  • ECO 207
  • ECO 302, 307, 335, 336
  • ECO 492
  • MAT 125 or 131 (satisfies general studies quantitative reasoning requirement)
  • An economic fields requirement of five additional economics courses above the 100-level

Combined Major in Economics

Requirements:

  • ECO 105 (satisfies general studies social science requirement)
  • ECO 207
  • ECO 302, 307, 335, 336
  • ECO 492
  • MAT 125 or 131 (satisfies general studies quantitative reasoning requirement)
  • One additional economics course above the 100-level

Note: Students considering combining economics and business administration should consult the department chair for the required courses.

Interdisciplinary Major in Accounting, Economics and Finance

The interdisciplinary major in Accounting, Economics and Finance blends coursework in accounting, economics and finance to create an integrated foundation for professional careers or further study in accounting and financial analysis. The major enables you to enhance you understanding in these fields by adding dimensions not possible in the regular or combined majors in accounting, economics and business administration-finance.

Students whose primary focus is accounting, but who wish to add an emphasis in financial analysis, should take the Accounting Track within the interdisciplinary major in Accounting, Economics and Finance.

Students whose primary focus is financial analysis need a strong understanding of both business financial statements and the methods of economic analysis. These students should take the Financial Analyst Track within the interdisciplinary major in Accounting, Economics and Finance. The Financial Analyst Track is designed to prepare students for entry-level positions in financial analysis and to provide foundation knowledge for professional certification programs in finance and financial analysis.

Students graduating with the interdisciplinary major in Accounting, Economics and Finance must complete the core requirements below and either the Accounting Track requirements or the Financial Analyst Track requirements listed below.

Core Major Requirements:

  • ACC 101, 201, 202 and 325
  • BUS 345, 347, 350, and 495
  • ECO 313
  • One From: BUS 366, ACC 110 (formerly SPI 260)
  • ECO 105 (general studies social science)
  • ECO 207 (general studies quantitative reasoning)

Accounting Track Requirements:

  • ACC 330, 331, 338 and 408

Financial Analyst Track Requirements:

  • BUS 346
  • ECO 307, 335, 336

Business Administration

BUS 155
Personal Finance
This course will provide the student with an introduction to various concepts associated with finance as well as learning practical applications. The course is geared toward practical knowledge and application of personal finance that is necessary for decision making in everyday life. Topic coverage includes financial decision making, basic financial planning (budgeting), tax issues, managing savings and other liquid accounts, buying a house, the use of credit (debt), insurance, managing investments and saving for retirement are included in the course. GENERAL STUDIES FOUNDATIONS-QUANTITATIVE

BUS 210
Production Management
An introduction to concepts, principles and practices of effective creation and distribution of goods and services. The focus of the course is on quantitative techniques for problem solving and decision making in a variety of strategic and tactical areas of operations management, including total quality management, forecasting, product design, process design and capacity planning, location planning, supply chain management, inventory control and project management.
Prerequisite: ECO 207

BUS 250
Business Law I
Basic legal procedures covering contracts, agency and warranties. Cases and actual legal transactions are studied.

BUS 251
Business Law II
Basic legal procedures covering wills and estates, property law, and partnerships and corporations. Cases and actual legal transactions are studied.

BUS 345
Financial Management
Introduction to foundation concepts in finance and to the field of financial management also known as corporate finance. Topics include financial statement analysis, financial markets, rates of return, risk measurement, time value of money, security valuation, cost of capital, capital budgeting, capital structure theory, cash distributions to shareholders, working capital management and financial forecasting.
Prerequisites: ACC 101, ECO 105 and ECO 207

BUS 346
Management Principles (W)
This course introduces the dynamics of managing organizations. As a manager you need expertise in strategy, motivation, communication, leadership and evaluation. The management principles covered in this course provide the framework through which these skills can be developed. Not open to first-year students.
Prerequisite: Sophomore standing

BUS 347
Marketing Management (W)
An overview of marketing management with emphasis on the management of functional areas of marketing, including product development, pricing, promotion and distribution channels. These topics are considered in the context of developing an effective marketing program within the framework of the social, economic and political/legal environments. Not open to first-year students.
Prerequisites: ECO 105 and sophomore standing

BUS 350
Investments (W)
Security analysis, advanced valuation theory and portfolio construction and management.
Prerequisite: BUS 345

BUS 365
Small Business Management (W)
This course introduces you to the challenges and rewards of starting and operating a small business. It helps students understand what is required of a small business owner in terms of financial, managerial and emotional resources. Students are required to develop a business plan by using computerized simulation software and to interview owners of businesses of interest.
Prerequisite: BUS 346

BUS 366
Management of Information
Students learn to apply spreadsheet and database software to business case situations. The how and why of managing computer-based information systems for gaining and maintaining a competitive advantage are covered in this course. Other topics include the legal and ethical implications of information gathering and dissemination.
Prerequisites: ACC 101, BUS 346 or permission of instructor

BUS 368
International Management
The study of management from an international perspective. Focus on management challenges associated with developing strategies and managing the operations of companies whose activities stretch across national boundaries with special emphasis on the transnational approach.
Prerequisite: BUS 346

BUS 370
Marketing Strategies and Policies
This course focuses on in-depth, integrative application of marketing management principles that successful firms use to create a strategic advantage. The case method as a learning tool is used in class to enhance the student’s ability to dissect problems, offer a variety of creative solutions and ultimately make a justifiable decision. Students also apply their holistic knowledge of strategic marketing concepts by developing and presenting a marketing plan.
Prerequisites: BUS 346, 347 and 372

BUS 372
Marketing Research
The theory and application of research methodology in marketing. Emphasis is on the role of marketing information in business decision making. Topics include cost and value of information, research design, information gathering and analysis, and research problems.
Prerequisites: BUS 347 and ECO 207

BUS 374
International Marketing
Explores aspects of marketing unique to international business. In addition to studying the uncontrollable variables facing the marketing manager, such as the cultural and legal environment for business, students learn to design strategies for global markets. Cases of both successful and unsuccessful international ventures are analyzed.
Prerequisite: BUS 347

BUS 376
Retailing
This course will provide a comprehensive understanding of the retailing industry. It focuses on the development of retail strategy and familiarizes the student with all the major decisions retailers must make as they strive to compete in an ever-changing environment.

BUS 378
Principles of Selling
This course is designed to introduce the students to the principles of selling, with particular emphasis on how to use a time-tested, universal and industry-recognized process for selling any product, service, program, place, idea, cause or person, or oneself to an identified customer–the target market. Content areas of course emphasis include: selling as a profession; the importance of ethical sales behavior; the psychology of selling; sales communication; time and territory management; selling globally; relationship selling; selling oneself; and the steps of the selling process. The student will be required to participate in class and case discussions; conduct a one-on-one sales presentation with the instructor using a self-selected product; and conduct a group sales presentation to the class.

BUS 380
Business, Government and Society
Students examine the interaction between business and the larger legal and social framework in which it operates. Issues such as corporate social responsibility and business ethics are discussed. Actual corporate case studies are analyzed.
Prerequisites: BUS 346, 347 and junior or senior status

BUS 382
Internship
A practical, professional work experience in which the student participates in the daily operations of an organization. Active participation and a significant level of responsibility are expected. Written assessments determined by departmental policy are required.

BUS 460
Seminar in Strategies and Policies (W)
The cornerstone of this course is an Internet business simulation that requires students to participate in top management decisions in a competitive environment. Team performance depends upon its ability to function well and react in an ever-changing business climate. Background material on formulation, corporate strategy, and the implementation and evaluation of top management decisions guide students through the simulation.
Prerequisites: BUS 345, 346, 347 and senior status or permission of the instructor

BUS 495
Senior Seminar in Finance
Derivatives and advanced topics in financial management.
Prerequisites: BUS 345 and senior status

BUS 496
Senior Management Seminar (W)
An intensive research course resulting in the submission of a senior paper. In addition, various topics in management are discussed in a seminar setting.
Prerequisite: Senior status or permission of the instructor

BUS 497
Senior Marketing Seminar (W)
An intensive research course resulting in submission of a senior paper. In addition, various topics in marketing are discussed in a seminar setting.
Prerequisite: Senior status or permission of the instructor

BUS 498
Senior Seminar in International Business (W)
Advanced topics in international business selected from leading periodicals and journals with emphasis on case analysis. Submission of a senior thesis is a course requirement.
Prerequisite: Senior status or permission of the instructor


Accounting

ACC 101
Financial Accounting
An introduction to basic accounting theory and principles for recording, summarizing and reporting financial data. The course emphasizes the analysis of business transactions and the understanding and preparation of financial statements. Satisfies the General Studies Foundations Quantitative Reasoning requirement.

ACC 110
Computer Applications in a Business Environment
An introduction to the use of computers as an accounting and business management tool. Students will use various packages to prepare forecasts, budgets, financial statement analyses, and management reports.

ACC 201
Intermediate Accounting
An introduction to the conceptual framework of accounting. Corporate financial statements and related accounting and reporting issues are studied in depth. The time value of money, investments and operating assets are among topics discussed.
Prerequisite: ACC 101

ACC 202
Intermediate Accounting
The study and analysis of accounting and reporting problems associated with earnings per share, pensions, leases, deferred taxes and cash flow statements.
Prerequisite: ACC 201 or permission of instructor

ACC 283
Special Topics
A seminar designed to study and explore the critical challenges facing accounting professionals in the 21st century. Current areas of interest include: global dimensions in accounting, public oversight, standard setting in a changing environment, self-regulation and industry specialization.
Prerequisite: ACC 101 or permission of instructor

ACC 325
Cost Accounting
Cost accounting provides key data to managers for planning and controlling, as well as for costing products and services. This course examines the accountant’s role in the organization as both decision maker and data provider. Some of the topics covered include relevant costs and the decision process, inventory management and variance analysis.
Prerequisite: ACC 101

ACC 330
Tax Accounting
An introduction to the federal income tax code as it relates to individuals and business entities. The course covers income, deductions and losses comprising taxable income, property transactions and the determination of tax liability. Application of the tax law is practiced with basic tax research, tax planning and tax return preparation.
Prerequisite: ACC 101

ACC 331
Advanced Tax Accounting
Advanced study of tax law with emphasis on the formation and operation of business entities. An introduction to tax issues relating to gifts, estates, trusts and state taxes. Tax research and case analysis for corporations, property transactions and other selected topics.
Prerequisite: ACC 330

ACC 338
Advanced Accounting
The study and analysis of accounting and reporting principles for a variety of business entities and for not-for-profit organizations. Topics include business combinations, partnerships, multinational operations, SEC reporting and fund accounting.
Prerequisite: ACC 202

ACC 360
Corporate Governance and Reporting
The rise in fraudulent financial reporting and the failure of the independent audit function initiated Congressional action and new regulations for publicly traded corporations. Securities and Exchange Commission (SEC) mandates significantly impacted the responsibility of corporate management and brought historic changes in corporate governance, internal controls and financial reporting. This course explores highlights of the new regulations and how corporations respond to expectations and disclosures implemented to improve corporate governance and financial reporting. Participants study and analyze traditional and changing issues of reporting, with a focus on corporate visions, missions and strategies as reflected in a company’s financial information and reports.
Prerequisites: ACC 201 and 202

ACC 382
Internship
Internships provide the opportunity for students to integrate their academic studies with relevant professional work experience. Internships are considered independent study and are subject to departmental approval and supervision. In addition to job performance and evaluation, students must prepare written reports and oral presentations.
Prerequisite: ACC 202

ACC 408
Auditing
A comprehensive introduction to the audit environment through the study of generally accepted auditing standards, the Code of Professional Ethics and legal liability. An in-depth coverage of the independent audit function, including risk analysis, planning, the study and evaluation of internal control, audit procedures and audit reports.
Prerequisite: Senior status or permission of instructor

ACC 428
Fraud Examination
This course explores the theories, practices and schemes inherent in fraudulent financial statements, corruption and asset misappropriation. The course emphasizes the issues and problems of business enterprises and the critical role of management and auditors in preventing and detecting fraudulent activities. Students read, review, discuss and analyze cases, which encompass financial reporting, criminology and ethics, forensic reporting and audit engagements. They will prepare independent research reports on selected areas of interest in accounting, business or criminology.
Prerequisite: Senior status or junior status with permission of instructor.

ACC 470
Strategic Cost Management
Management personnel, in all organizations, utilize cost accounting principles and methods for strategic decision making. Costs control, resource allocation, cash flows management, budgeting, risk analysis and uncertainties are all part of a mission and strategy for development, growth and operations. This course integrates quantitative methods and management visions and strategies to measure and evaluate performance in actual case settings. Using individually selected organizations, students identify visions, missions and plans for strategic position. Assessments and conclusions are prepared using financial reports and analysis.
Prerequisite: ACC 325

ACC 480
International Accounting Seminar (W)
A study of the rapidly emerging field of international accounting and the accounting issues affecting multinational corporations, with a closer look at the complexities of dealing with information across national boundaries.
Prerequisites: ACC 201, 202 and senior standing

ACC 492
Senior Accounting Seminar (W)
Study of current issues and developments in accounting theory, corporate reporting, professional standards, and international topics with selected readings, case analysis and discussion. Intensive individual research on selected topics with a senior thesis and paper presentation.
Prerequisite: Senior standing


Economics

ECO 100
The Economics of Social Issues and Public Policy
This course introduces and reinforces economic principles through the study and discussion of current controversies and policy issues. The course is strongly based on the use of economic terminology and tools. It is intended as an introduction to the study of economics and as a means of reinforcing economic modeling and critical thinking skills. The course also provides an overview and discussion of many important policy issues. General studies social science credit.

ECO 105
Principles of Economics
An introduction to the methodology of economics and basic principles of microeconomics and macroeconomics. This course provides a foundation for further study in economics. It also serves as an introduction to basic economics as a social science.

ECO 207
Statistical Analysis for Economics and Business
Introduction to the concepts, theories and methods of statistical problem solving in business and economics. Topics include frequency distributions, descriptive statistics, elementary probability and sampling theory, probdistributions, elementary hypothesis testing, analysis of variance, correlation and regression. Satisfies general studies quantitative reasoning requirement. Not open to first-year students
Prerequisite: Sophomore standing

ECO 223
Law and Economics
The economic analysis of law brings together two fields of study and facilitates a greater understanding of both. Economics provides a theory of behavior useful for understanding the effects of the law as well as a normative standard for evaluating the law. Topics covered include property, contracts, tort liability and the economics of crime and punishment.

ECO 224
Environmental Economics
The application of economic principles to a variety of environmental problems. Attention is given to the economics of resource depletion, waste disposal, population growth and economic growth.

ECO 233
Comparative Economics
An important aspect of the trend toward the globalization of markets is that economic decisions and their outcomes are becoming increasingly intertwined and interdependent. This growing interdependence requires knowledge of the rules and institutional mechanisms by and with which other economies operate. Such knowledge has become a crucial economic resource, the use of which economic policymakers, industrial leaders and individual firm managers can no longer do without. This course examines the various approaches and methods used to solve economic problems in a number of societies, both past and current, with a special emphasis on today’s key European and Asian economies. It analyzes the principles and institutions by which these economies have sought to improve their objectives of better resource allocation, technological progress, income distribution and growth.
Prerequisite: ECO 105

ECO 234
Economic Development
This course deals with economic development problems among the less-developed countries of the Third World. Topics include characteristics of underdevelopment, theories of development, poverty and population pressures, international trade, Third World debt and foreign aid.
Prerequisite: ECO 105

ECO 273
Globalization
Globalization represents one of the most important forces shaping our world today – while some argue that it brings people closer together, others view it as a source of fragmentations and destruction. This course explores the economic, political and social impacts of globalization on our world. Students will analyze globalization in historical, economic, political and cultural contexts. The topics in this course will be examined from a range of perspectives, and students will be encouraged to draw their own conclusions on the positive and negative impacts of globalization.

ECO 301
International Economics and Finance
A study of international economics and finance. Topics include a survey of the major theories of international trade, foreign exchange systems and markets, international money and capital markets, and international banking. Special attention is given to these topics as the framework within which the financial managers of multinational corporations operate.
Prerequisite: ECO 105

ECO 302
History of Economic Ideas
A survey of the major schools of economic thought from the 17th century to the present. Mercantilist, Physiocratic, Classical, Marxist, Neoclassical, Keynesian, Neo-Marxist and Modern conventional economic theories are examined.
Prerequisite: ECO 105

ECO 307
Econometrics
A study of the applications of mathematical and statistical techniques to the analysis of economic data, with special emphasis on economic and business forecasting. Topics include simple regression, multiple regression, simultaneous equations models, models of expectations, model selection criteria and time series analysis.
Prerequisites: ECO 105, 207

ECO 313
Money and Banking
A study of depository banking institutions, financial markets and the Federal Reserve System. The supply of and demand for liquidity are examined in both microeconomic and macroeconomic aspects. Alternative rules for the conduct of monetary policy are evaluated.
Prerequisite: ECO 105

ECO 322
Labor Economics
A study of the labor process, labor markets and labor relations in a global economy. An examination of labor problems from the viewpoint of the employee, the employer and the public, with special emphasis on rapidly changing labor market configurations for the 21st century.
Prerequisite: ECO 105

ECO 335
Intermediate Microeconomic Analysis
A study of the principles of demand, production, pricing of commodities, productive series and productive resources in various industries and market situations.
Prerequisite: ECO 105

ECO 336
Intermediate Macroeconomic Analysis
An examination of the modern history of determination of the level and rate of growth of income, employment, output and general price level. Alternative fiscal and monetary policies to facilitate full employment and stable economic growth.
Prerequisite: ECO 105

ECO 337
Public Finance and Policy
This course will provide an understanding of the reasons for and consequences of government intervention and policies. It combines public finance (how the government allocates resources) and public choice (how the political decisions of voters and their elected representatives will be translated into public sector policies). Economic tools will be used to analyze public policy issues such as government intervention in global warming, public education, health care, Social Security and other issues.
Prerequisite: ECO 105

ECO 364
Industrial Organization
This course focuses on the structure, conduct and performance of industries and markets. Emphasis is on evaluating public policy toward business and business practices and the relationship between the structure of markets and the socioeconomic performance of business enterprises. Lectures, group projects and case analysis are utilized.
Prerequisite: ECO 105

ECO 492
Senior Seminar in Economics
An intensive research course resulting in the submission of a senior thesis. Advanced topics in economic theory and policy are considered throughout the semester.
Prerequisite: Senior status or permission of the instructor

business-accounting-economics

Soma Ghosh, Ph.D.

Associate Professor of Economics

610-929-6724
sghosh@albright.edu

business-accounting-economics

Gertrude Eguae-Obazee, D.B.A.

Professor of Accounting Coordinator, ADP Accounting Program, Department Co-Chair

610-921-7703
tobazee@albright.edu

business-accounting-economics

Lisa Wilder, Ph.D.

Associate Professor of Economics; Department Co-chair

610-921-7866
lwilder@albright.edu

business-accounting-economics

Joseph P. Cunningham, CPA, MBA

Assistant Professor of Accounting

610-921-7705
jcunningham@albright.edu

business-accounting-economics

David A. Martin

Professor of Economics and Business

610-921-7888
dmartin@albright.edu

business-accounting-economics

Suzanne Palmer

Assistant Professor of Economics and Business; Pre-Law Advisor

610-921-7781
spalmer@albright.edu

business-accounting-economics

Jayanthi Rajan

Instructor of Business; William and Mary Dearden Endowed Chair in Business

610-921-7704
jrajan@albright.edu

business-accounting-economics

Bonnie Rohde, M.B.A., CPM

Instructor of Business

610-929-6723
brohde@albright.edu

business-accounting-economics

Farhad Saboori, Ph.D.

Professor of Economics

610-921-7884
fsaboori@albright.edu

business-accounting-economics

Edward G. Schirra, M.B.A., CPA

Assistant Professor of Accounting

610-921-7572
eschirra@albright.edu

business-accounting-economics

Huy Q. (David) Tran, Ph.D.

Assistant Professor of Business

610-921-7666
htran@albright.edu

business-accounting-economics

Adam Owenz, '03, MBA

Visiting Assistant Professor Of Marketing

610-921-7701
aowenz@albright.edu

Learn Bloomberg™ at Albright

Bloomberg Professional Services also delivers more than 6,000 news stories per day and includes access to live and recorded press conferences.  You can track company plans and performance, access economic data from countries around the world and connect industry trends and government news with stock prices and performance indicators.

Our alumni and students completing internships report to us that learning the Bloomberg Terminal is a significant advantage in the job market today.  You can use the Bloomberg Terminal to complete certification programs in multiple specialty areas.  Training is also available on campus and this important research tool will be incorporated into some of your courses.

LEARN MORE ABOUT BLOOMBERG


Roesnner Hall

The Department of Business, Accounting & Economics is housed in John K. Roessner III ’61 Hall: The Center for Business and Civic Leadership. Albright’s newest academic facility, Roessner Hall features 30,000 square feet of state-of-the-art classrooms, offices and meeting spaces. The Department shares the building with the Department of Political Science, the Center for Excellence in Local Government, and the Center for Community Engagement. Among the goals of the building are to enhance synergy and collaboration among these related departments and to showcase the interdisciplinary, collaborative approach that is at the heart of the Albright educational experience.

Faculty offices in Roessner Hall provide truly active and collaborative learning opportunities, and are equipped with technology that allows for collaborative, investigative learning. To promote increased interaction between students and faculty, break-out spaces are located near faculty offices and incorporate transparency and natural light that permeates both areas. The building also includes break-out spaces around classrooms, allowing for more intimate interaction and work spaces for classroom learning to spill out into the public realm. A global media lounge and current periodical reading room provide resources for students to stay current in their fields, encouraging discourse and debate, and giving rise to a community of learning.

What Can I Do in a Major With

Accounting

Business Administration

Business Administration Managment

Business Administration: International Business Track

Business Administration: Finance Track

Business Administration: Economics Track

Economics

Internships

We strongly encourage every student to complete at least one internship.  Students will identify and refine their career interests, develop their skills in applying what they know and may land a job offer through the connections made.

Former Internship placements have included:

  • Atlantic Records
  • Cornerstone Financial Strategies, Assistant
  • Center for Cross-Cultural Study, Spain
  • Chester County Economic Dev Council, Grant writer
  • Enterprise Rent-a-Car, Manager Training Program
  • Penske Truck Leasing, Human Resources
  • Philadelphia 76ers, Marketing Intern
  • Reading Royals Hockey Club
  • Reading Chamber of Commerce, Event Planning
  • Smith Barney and LPL, Shadow Financial Analyst

Internships can take place during the summer or interim semester or during a regular semester as one of your four courses.  Internships can be taken for credit so long as they are approved in advance by the Department and meet particular criteria (number of hours, type of work assignments and follow-up assignments to be completed).

A directory of internships currently available can be found by contacting the Experiential Learning and Career Development Center.

In addition, specific internship course requirements are available here.


Study Abroad

Studying in another country offers you an unparalleled learning experience, which is why we encourage our students to plan a study-abroad experience while they’re here.

“Studying Abroad has changed my life. I have become a more independent and outgoing person. I can’t imagine my life without these past 4 months in Germany and I will do anything I can to go back. It is hard to wrap up my experience in any type of sentence, paragraph, paper, anything, because it is something that everyone should experience. I recommend Studying Abroad to everyone and anyone, you won’t regret it.”

Victoria Sweeney ’15, business management major


Academic exchanges
For a full semester abroad, consider studying business in Ireland or Germany.  In each case, you pay regular tuition at Albright but study abroad. Your advisor will help you select courses in the host country that will be most beneficial for you.

  • Reutlingen Exchange and Danzer Scholarship – Students in business and economics may apply to study business courses in Reutlingen, Germany (Reading’s sister city) for the fall semester. Since classes are in English, it is not necessary to speak German. This program includes also company tours – past visits have included BMW and Daimler Engine automobile plants – and cultural events. There is an additional scholarship to offset the cost of travel and living expenses. Click here for more information.
  • Irish American Exchange – Albright College participates in the Irish American Exchange, through which students at Albright can study at one of FIVE universities in Northern Ireland tuition-free. Through this program, we also host business students from Northern Ireland in our classes. Click here for more information.

Other semester- and year-long programs
Students also partner with many fine programs offered by both U.S. and non-U.S. institutions. The arrangements differ from program to program, but your faculty adviser and the study abroad office will help you coordinate plans and coursework to be taken at other universities.

In addition to the programs above, our business and economics students have studied in:

  • Seville, Spain
  • Dublin, Ireland
  • London, England
  • Marburg, Germany
  • Cannes, France
  • Sydney, Australia

Faculty-led study abroad programs
Sometimes a full semester abroad is not feasible. Work, athletics, on-campus activities or even finances may make this impossible. Through faculty-led, short-term study abroad programs, you can fulfill course requirements and experience international environments accompanied by you Albright professors.

The Department of Business, Accounting and Economics offers interdisciplinary study abroad programs open to any Albright College student and focused on diverse business and cultural environments. Because of the rapidly expanding influence of Asian economies, recent courses have explored the culture and economic and business environments of Japan and India.

Click here to see more about Albright students in India.

Click here to see more about Albright students in Japan.

Click here for a study abroad slideshow.


How to get started
Courses in international management, international marketing and international economics are the courses most commonly taken abroad. Elective courses on specific business environments are also encouraged, even though these are not explicit program requirements in business.

To coordinate your study abroad, first visit the coordinator of study abroad programs in the Experiential Learning and Career Development Center. Once you have identified a program of interest and what courses you would like to take, arrange an appointment with the department head. Bring your pamphlets, and the chair will help you schedule courses that will be most beneficial based on your interests and program requirements.

In addition, Albright College offers scholarships to help defray the cost of study abroad. The study abroad coordinator can assist you in identifying and applying for these funds.


Student Activities

Students hone their business and leadership skills through out of class activities and clubs.

Events

The Department sponsors visits by alumni and local business professionals.  This is your chance to ask questions about careers, make connections and focus your goals.  We also offer technical skills workshops to enhance your classroom education including computer workshops, Bloomberg training seminars and workshops on presentation skills.

The Dearden Honor Society

Built on the legacy and with the support of one of our most noted alumni, William Deaden, our Honor Society recognizes the accomplishments and provides enrichment activities for Business, Accounting and Economics students.  Consistent with the values of Bill Dearden, the former CEO of Hershey Foods, the society promotes the development of students, recognizes excellence and provides service to the Department and College.  This isn’t just an achievement to put on your resume (though we are sue you will).  The Society provides additional opportunities to our top performing students through field trips, visits with speakers and other events.   Learn more about eligibility requirements and the activities of the society at our Dearden Society Home Page.

Dearden Leadership Workshop

The Dearden Leadership Workshop builds on the legacy of Albright alumni William Dearden, former CEO of Hershey Foods.  Based on the best in business values, the Dearden Leadership Workshop is held once a year and invites academically strong students in the Department to learn more about their leadership style, effective communication and planning and conflict resolution.  Through interactive activities, students walk away with a firmer picture of their own skills and interests and the leadership and communication skills needed in today’s competitive workplace.  This intensive one day program lead by experienced business professionals and faculty includes hands-on activities designed to increase student understanding of fundamental concepts such as communicating your vision, teamwork, recognizing and making the most of diversity and more.

Enactus

Our student chapter of Enactus provides students with the opportunity to learn more about business and explore their own leadership and business skills.  This student run club joins the international Enactus community – Enactus is an international organization that connects student, academic and business leaders through entrepreneurial-based projects that empower people to transform opportunities into real, sustainable progress for themselves and their communities.  Enactus chapters connect more than 66,000 students from around the world and at 1,600 universities.

Albright Job Shadowing

Job Shadowing programs allow students to interact one-on-one or in small groups with alumni working at leading local employers.  Even more opportunities for Job Shadowing are available through the Career Planning and Placement Office’s Ask JIM (Jobs, internships and mentoring) network.   Students are strongly encouraged to register for Ask Jim, available on the Experiential Learning and Career Development Center page.  You will learn about alumni and local business community members who are willing to mentor students in the process of career planning, resume preparation, job shadowing and more.

Other Opportunities:

  • Pennsylvania Institute of CPAs (PICPA) student writing competition, senior award, scholarship programs and student memberships
  • American Institute of CPAs (AICPA) student memberships
  • Omicron Delta Epsilon Honor Society in Economics student memberships
  • AIS (Association of Information Systems) club

Student Research

As a student in the Department of Business, Accounting & Economics, you’ll have the chance to gain invaluable experience by rolling up your sleeves and working side by side with instructors. Through the Albright Creative and Research Experience (ACRE) program, you engage in College-funded research projects alongside faculty members. Projects can be completed either during the summer (10 weeks) or the Interim (three weeks in January) terms.

Noteworthy Projects

Austin Marich, “Investigating the Public-Private Wage Differential in Post-Great Recession United States,” with Lisa Wilder

Austin, an Economics and International Relations major, researched the differences in wages between those working for the federal government and those in private industry after the great recession. His three-week ACRE study of 56,000 workers in the United States found the reasons differential was largest for federal compared to state and local employees and much of that could be attributed to the older and longer job tenure of federal workers. Austin has graduated and is in the process of applying to graduate school.

Adam Dayke, “A Continuation of The Effect of the SEC’s Approval of Releasing Key Information Through Social Media Outlets and Its Correlation to Revenue in the Financial Management Industry,” with Bonnie Rohde

Adam, an Accounting, Economics and Finance major, explored the use of social media by financial industry firms. Through the administration of a survey, he gathered information that could help financial firms meet consumer needs for information through social media.

Eric Mack, “An Analysis of Altruism and Income Elasticity,” with Lisa Wilder

Eric, an Economics and Political Science, investigated philanthropy, looking at giving of money and time across countries. He found that income had little to do with giving; instead, he found altruism was highest in countries with the strongest group ties. Eric presented his research at the Society for Cross-Cultural Research’s conference in Las Vegas.

Chak Hei (Bill) Chan, “The Evolution of a Brand’s Advertising Slogan,” with Jay Rajan

Bill, an Economics major, analyzed the factors that contribute to the success of brand advertising slogans— short phrases used to sell a product and increase how memorable it is. Using the case study method, he examined the evolution of several global brands that have continually incorporated the companies’ visions, values, historical evolution and cultural differences into their slogans. Read more about Bill’s ACRE.

Nick Loris, “Comparison of Wage Differentials in the Former East and West Germany,” with Lisa Wilder

Nick, an Economics and Political Science major, presented his work at an Eastern Economics Association meeting and published it in Issues in Political Economy. He is now a media-quoted economist and policy analyst at the Heritage Foundation in Washington, D.C., where researches, writes and speaks about energy, and environmental and regulatory issues.

Jean Philippe Bli, “Economic Development in Sub-Saharan African Countries: A Case Study of Ivory Coast, Burkina Faso, and Mali,” with Farhad Saboori

Jean Philippe, an Economics major, had a strong desire to learn more about economic development, especially in his homeland of Africa.  In his ACRE he explored different models of economic development.

Adam Galczynski and John Harding, “Correlation of Social Media Followers and Revenue in the Chain Restaurant Franchise Industry,” with Bonnie Rohde. Presented at the Mustang International Academic Conference, Las Vegas.

Zachary Binkley, “Budget Deficits, National Debt, and Interest Rates: An Empirical Analysis,” with Farhad Saboori. Presented at Undergraduate Research at the Capitol-Pennsylvania.

Sek Wai Michel Wong, “The Influence of Income Inequality on Self-Reported Happiness in a Cross-section of Nations,” with Lisa Wilder. Presented at the Eastern Economics Association Annual Meeting.

Fred Eiswert, “The Impact of Unionization in Transition Countries: Lessons from Estonia.” Presented at the Society for the Advancement of Management’s conference and published in the conference proceedings.

Meghan Hennessey , “The Gender Wage Differential in Four Transition Countries.” Presented at the International Atlantic Economic Society meetings.


Our Graduates

The Department of Business, Accounting & Economics has an excellent track record in placing its graduates in a wide variety of professional positions, as well as graduate and professional programs. The flexible, adaptable nature of an Albright education prepares you for careers in the private and nonprofit sectors, academia, government, and more.

Business and Economics

Albright’s business and economics graduates find a plethora of career options open to them. Recent employers that have hired our alumni include:

  • Accenture Consulting
  • Adidas
  • Vanguard
  • Merck and Co.
  • JP Morgan Chase
  • Smith-Barney
  • Met Life
  • Liberty Mutual
  • Sungard
  • TD Bank
  • Pepsi, Vietnam
  • Mitsubishi, Japan
  • Penske Truck Leasing
  • Enterprise Rent-A-Car
  • Lehigh Financial Group
  • Fordham University
  • Rosemont College
  • Northern Virginia Community College
  • The Heritage Foundation

 

Accounting

Most Albright accounting graduates go on to attain certified public accountant (CPA) designation. Our job placement rate is over 90 percent. The current chief financial officers of Kellogg’s, Cigna and REI received their accounting degrees from Albright. Other employers our alumni have joined include:

  • Ernst & Young LLP
  • PricewaterhouseCoopers
  • Santander Bank
  • Herbein & Company, Inc.
  • Alan Ross & Company
  • First Energy Corporation
  • Booz Allen Hamilton
  • Penske Corporation

 

Graduate and Professional Programs

Graduates of the department have gone on to enroll in law school, MBA programs and graduate programs in specialized areas, including sports marketing, public relations and advertising, economics, and international business. Recent Albright graduates have gone on to study at the following institutions:

  • Seton Hall University
  • Villanova University
  • Syracuse University
  • Old Dominion University
  • Lehigh University
  • Drexel University
  • Temple University
  • Fordham University
  • George Mason University
  • Rutgers University School of Law
  • Norwich University
  • Villanova Law School
  • Dickinson School of Law
  • Rosemont College
  • Boston College
  • Widener University
  • Pennsylvania State University

Alumni Stories

Chasing Dreams: Tiara Willis

Amber Grace: Helping Girls Succeed

The Evolution of a Brand’s Slogan

Albright Profs and Students Travel to India to Explore Social Roles and Family Ties in a Rapidly Changing Society

How to go from $0 to $1.65 billion in a year and a half: Brent Hurley ’01