Small Business Management
According to recent census statistics, there are approximately 20 million small businesses operating in the U.S. economy. Small businesses account for 39% of the Country's gross national product, create two out of every three new jobs, and generate two and one half times as many innovations per employee as do large firms. The Bachelor of Science (B.S.) in Small Business Management (SBM) is designed to meet specific management and human resource needs of small and medium-sized businesses. Given the importance of small businesses to the marketplace and job creation for the U.S. economy, this major prepares students to function successfully in small business environments by helping them gain knowledge and skills necessary to own, operate, and grow a small business. This program is ideal for the young entreprenuer or family member who hopes to carry on and eventually run the family business. The proposed major will help students gain broad-based knowledge and understanding of topics and concepts in business with added emphasis on small business management and entrepreneurship.
The course work in this program effectively integrates college liberal art core courses with a strong foundation in general business as well as specific functional areas of small business management, including operations, human resources management, communication and marketing, finance, and accounting. Additional emphasis will be on entrepreneurship, innovation, and preparation of business plans as financing and planning tools for small businesses.