Business Economics Major
The Business Economics major has been offered since 1971. The major provides a solid foundation for students to begin successful careers in business and other organizations. Building upon a strong liberal arts, sciences, and economics base, the major emphasizes the management of organizations, supported by knowledge of the general business disciplines of accounting, finance, law, and marketing. Specialization can be pursued through a variety of curriculum options, such as marketing and finance. Students are also provided with opportunities to develop and demonstrate business–related skills through internship experiences, professionally relevant extra–curricular activities, and study abroad programs.
The Business Economics major is open to all entering undergraduates and matriculated undergraduates who have a 2.0 grade point average and grades of "C" or better in courses required for the major, and follow the prescribed course sequences. SAT score (math+verbal) of 1100 or higher is recommended. After basic courses in economics and accounting, students progress to fundamental courses in management, marketing, finance, and intermediate economics. Thereafter, students develop additional depth in the business disciplines through required courses and the election of concentrations in specific fields. All majors complete a capstone course in Strategic Management in residence. All advanced courses and most introductory courses are taught by full-time faculty whose focus is on their functional area of training. The majority of the faculty members have earned Ph.D. degrees.
Professional Accounting Major
A Professional Accounting major leading to professional licensure has been offered since 1992. The mission of the Professional Accounting major is to provide students with the analytical tools and decision making ability needed to pursue a variety of careers in the accounting profession. For students matriculating in Fall 2004 and after, the Professional Accounting major is a 150-hour program registered with the New York State Education Department to meet the curriculum requirements for the Uniform Certified Public Accounting Examination.
An SAT score (math+verbal) of 1100 or higher is recommended. All advanced courses and most introductory courses are taught by full-time faculty whose focus is totally on accounting and law. Class sizes are small. Advanced courses average 15-20 students. Introductory courses average 35-45 students. Qualified accounting majors have the opportunity to obtain practical work experience by completing an internship between the junior and senior years. A select group of upper-level students serve as tutors and faculty assistants. Computer applications in accounting are taught in several courses utilizing a computer laboratory. The majority of the faculty members have earned Ph.D. degrees.
The Economics major, offered since 1963, emphasizes a firm understanding of economic theory, its historical development, and its application to the study of socio-political and economic problems. All advanced and most introductory courses are taught by Ph.D.-qualified faculty in economics with regional and national reputations in the economics profession. All majors complete the capstone Senior Seminar in Economics in residence.
The mission of the Economics major is to introduce students to the methods of analysis used by economists to study the nature and performance of the social institutions which facilitate the allocation of scarce resources among society's members; provide students with the opportunity to use these methods in the analysis of issues in international economics, applied microeconomics, and applied macroeconomics; and to provide students in the capstone senior seminar in economics the opportunity to pursue an independent research project addressing a question of interest to the student. As part of the research project, each student will learn how to acquire and analyze information needed to answer the question. Finally, the economics major provides students with a set of analytical, writing and oral communication skills that will prepare them for postgraduate challenges in terms of employment, further education, and civic responsibilities.
In support of the mission of the Economics major, our upper division classes are small and provide students with an opportunity to have interaction with individual faculty. Students in the senior seminar work on research projects under the direction of an individual faculty member.
The School of Economics and Business offers a Business minor and an Economics minor. These minors are open to undergraduate majors outside the School of Economics and Business. See the minor brochure for additional information.
Minors Brochure (PDF)
Professional Accounting, Business Economics, and Economics majors are eligible for certain elective concentrations. The concentrations that are currently available are Accounting, Finance, Marketing, and International Business and Economics. Professional Accounting majors are not eligible for the Accounting concentration. Economics majors are eligible for only the Finance concentration.
Concentrations Brochure (PDF)
A student who completes the required foundation courses listed below during his/her undergraduate years at Oneonta will be able to earn a Master of Business Administration (M.B.A.) degree from Clarkson University with just one year of study at their Graduate School of Management, a school accredited by AACSB International—The Association to Advance Collegiate Schools of Business. Clarkson offers programs leading to an M.B.A. in Finance, Management Information Systems, Marketing, Operations Management, and Accounting, as well as an M.S. in Management Systems.
Cooperative 4-1 Programs are open to students in the Business Economics major. In these programs, a student earns an undergraduate degree from Oneonta State College and either an M.S. in Accounting or an M.B.A. The first four years are taken at Oneonta with remaining years taken at one of these cooperating universities: SUNY Binghamton, Rochester Institute of Technology, Union University or Clarkson University. Acceptance into the cooperating university is not automatic. Principal eligibility factors are undergraduate cumulative grade point average and score on the Graduate Management Admission Test.
Cooperative 3-1 Programs are offered in conjunction with The Fashion Institution of Technology (FIT) in New York City. Students receive a combination of liberal arts and business coursework from Oneonta, along with in-depth training at FIT in a specialized field. Students receive both a B.S. from Oneonta State College and an A.A.S. from FIT at the conclusion of the fourth year.
The particular cooperative programs are:
- 4-1 M.B.A. or Mgmt. Sci. Program with Clarkson University
- 4-1 MBA Program with Rochester Institute of Technology
- 4-1 MBA Program with Union University
- 3-1 A.A.S. Program with FIT Fashion Merchandising Management
- 3-1 A.A.S. Program with FIT Advertising & Mktg. Communications
- 3-1 A.A.S. Program w/ FIT Manufacturing Management
- 3-1 A.A.S. Program with FIT Textile Development and Marketing