Accounting, Business Administration, and Economics

Accounting

Accounting concerns the collection, processing, and reporting of information about the financial performance of economic organizations. The demand for this information arises from many sources including the need of management to report to owners and shareholders, the need to make decisions which promote the success of the organization, and the need to comply with tax laws and other legal requirements.

The accounting program at Wilmington College is designed to prepare students for a wide variety of career options in public accounting, industry, and government. In recognition of the role of accountants in today's economy, the program emphasizes development of both the ability to use the outputs of the accounting process and the skills necessary to design, operate, and manage accounting information systems.

Students who anticipate sitting for the Certified Public Accountant Exam or who anticipate attending a Graduate Program in Accounting are encouraged to take MA330 Business Law and MA369 Corporate Finance at some point in their undergraduate program.

Business Administration

The Business Administration major is suited for students who have career goals involving various aspects of finance, management, and marketing. Whether students seek careers after graduation in a Fortune 500 company or an entrepreneurial start-up, they will be presented with both the theoretical and practical applications of business concepts.

The broad academic curriculum of the college such as general education and the highly interactive co-curriculum of student organizations and internships (paid and unpaid: for credit and not for credit) are all infused with the core values of Wilmington College. These form a natural nexus with the Business Administration Program to prepare the student for a life of service and success. Within the Business Administration major, students select a track for their concentration. The tracks to choose from are Finance, Management, Marketing, Cybersecurity and Logistics.

The Area of Accounting, Business Administration, and Economics offers standard traditional courses as well as the Integrated Consulting Experience, a variety of Topics courses, and Independent studies. This variety affords students the opportunity to refine and tailor their studies according to their specific individual talents, needs, and goals. Whether garnering a major or minor in Business Administration, students will be prepared for a life of success and service in a wide variety of careers from large to small corporations, family enterprises, nonprofit organizations, academic institutions, labor and professional organizations, governmental agencies, and their own entrepreneurial ventures. 

Economics

Economics is a social science which studies particular aspects of human society such as consumption, production, and exchange. It is concerned with how and when markets work well. It analyzes macroeconomic variables such as inflation and economic growth for their effect on general business conditions.

An economics minor is a logical combination with a major in Business Administration to provide a foundation for a career in banking, insurance, financial services, and brokerage firms. An economics minor helps provide a foundation for a wide variety of graduate studies including economics, labor relations, business administration, and law.