Alumni Update Form
Have you started a new job? Moved to a new city? Going to grad school?
We love to hear from E&M alumni! Let us know what you're up to using the form below.
Have you started a new job? Moved to a new city? Going to grad school?
We love to hear from E&M alumni! Let us know what you're up to using the form below.
The last two chairmen of the Financial Accounting Standards Board and a current FASB senior advisor (two of whom are Albion alumni) bring a wealth of industry expertise and leadership to Albion College's Science Complex Atrium for a unique panel discussion on Tuesday, April 5, at 7 p.m. The event is free and the public is encouraged to attend.
We offer courses in major fields of economics (microeconomics, macroeconomics, international economics, monetary and financial economics, environmental economics, labor economics, and governmental economics). The E&M major with emphasis in economics is suitable for those interested in public policy work, while the combined major in mathematics and economics prepares students for graduate school in economics or for careers as actuaries or operations researchers.
Students who complete the E&M major with emphasis in general business receive a broad undergraduate education that will prepare them for careers in which rapidly changing
technology and market conditions require an ability to adapt and learn. These students take courses in financial accounting, managerial cost accounting, managing people and organizations, marketing, financial management, economics, and statistics, as well as at least one management elective.
E&M and Albion's Psychological Science Department each offer courses for students who wish to learn about the human relations aspects of management. E&M courses include managing people and organizations; women in business and leadership; labor law, unions, and management; labor economics; human resource management; management; and negotiation and dispute resolution. Relevant psychology courses include industrial and organizational psychology and social psychology.
The E&M major with emphasis in international business and international economics provides a focused group of courses designed to prepare students for a world in which global concerns are becoming more important because of falling transportation and communication costs and falling governmental barriers to international trade and investment. Students select from relevant courses in E&M, such as International Management, The Chinese Economy, The Japanese Economy, International Finance, and International Trade. They also take at least one international course outside of E&M and complete an off-campus study program in a foreign country or an internship in a foreign country.
Analyze. Decide. Lead. All within the most popular major on campus—one that teaches applied problem-solving techniques and their conceptual basis. You'll get more. More economic theory and more courses related to business than is typical in undergraduate programs. All rounded out by a strong liberal arts foundation. Majors and minors.
Choose an eight-course major or a more intensive ten-course major with an emphasis, then test your interest in the field. Recent internships include NorthPointe Capital; Lawrence, Evans & Co. Investment Bank; Ernst & Young; Baird Investment Bank; Rehmann and Robson Accounting; Hartline Investment Company; PricewaterhouseCoopers; and Heitman Real Estate Investment. Areas of emphasis.
The close ties you'll make with our faculty and our extensive alumni base will prepare and connect you for your future. Our graduates generally go on to careers in business, law, or government. Many attend M.B.A. programs and other professional or graduate schools. Career paths.
Every fall, the Accounting Society co-hosts a career fair, at which students can meet representatives of firms interested in hiring Albion graduates or interns for jobs in public or corporate accounting. This group arranges student trips to visit businesses and CPA firms, sponsors professional workshops and speakers, facilitates information-sharing among students about academic and career planning, and provides professional networking opportunities at an annual spring banquet attended by many alumni.
Albion's chapter of this co-ed business fraternity does volunteer work and provides networking opportunities.
The Fed Challenge is a competition in macroeconomic policy sponsored by the Federal Reserve Bank system. Teams of undergraduates from many schools each deliver a 20-minute presentation analyzing the economy and financial markets and making a monetary policy recommendation. Then, each team defends its presentation during 15 minutes of questioning by the economics professors who serve as judges. In November 2011, the Albion team won the regional competition in Chicago, surpassing teams from larger schools such as the University of Chicago, the University of Michigan, and the University of Wisconsin-Madison and headed to Washington D.C. for the National competition.
Students manage an investment portfolio, buying and selling real stocks. Profits are used to fund a scholarship for E&M majors. Investment Club members take an annual trip to Chicago to meet Albion alumni working in finance.
This honorary organization recognizes scholastic attainment and outstanding achievements in economics.
Albion College student volunteers are trained by E&M accounting faculty to prepare income tax returns for low-income residents of the city of Albion and nearby communities. Students prepare over 200 returns each year—helping the community and gaining valuable experience working on actual tax returns.
Graduates in economics and management have professional opportunities in many aspects of business, including accounting, banking, finance, international business, human resources, marketing and sales, and retailing. The program also provides a strong background for graduate study in law, business, economics, public policy studies and related areas. A special track is available for students wishing to meet the 150-hour requirement for becoming a certified public accountant.
|Accountant||Budget Analyst||Commercial Loan Officer|
|Economic Analyst||Financial Analyst||Financial Manager|
|Health Services Manager||HR/Employee Relations Manager||Insurance Sales Agent|
|Lawyer||Management Consultant||Market Researcher|
|Marketing and Sales Manager||Personal Financial Advisor||Purchasing Manager|
View a list of employers hiring Albion College Economics and Management graduates.
View a list of schools attended and degrees pursued by recent Albion E&M graduates.
Sumedha completed the economics and management major with emphasis in accounting and the Gerstacker Institute concentration. She worked as a research assistant to E&M professor Vicki Baker and co-presented their results at a national conference in San Diego. Sumedha had an internship with Ernst & Young in auditing and with Dow Corning in corporate accounting. After graduation, she pursued her CPA license while working for Ernst & Young.
Ryan, a management minor, notes, "Albion College helped me obtain two great internship placements." Her first internship involved event/wedding planning and marketing at a large hotel in Philadelphia, and the second, in Albion College's Institutional Advancement Office, focused on using social media to reach out to younger alumni. One year after graduating from Albion, Ryan obtained her master's degree in higher education administration from the University of Pennsylvania.
Sean majored in economics and management and also participated in Albion's Prentiss M. Brown Honors Program. His senior honors thesis focused on the modern music industry. "I wrote, arranged, recorded, and marketed a musical album via the Internet, gaining a fan base that stretched over 12 countries." In the process, Sean learned about entrepreneurship, sales, and networking. He is now working as a global manager for HelmsBriscoe in the hospitality industry.
David majored in economics and management and completed the Gerstacker Institute concentration. While an undergraduate, David served as a student representative on the Investment Committee of the Albion College Board of Trustees. After graduation, he worked as an equity analyst for Morningstar, providing research opinions on individual stocks. Now an analyst at AMI Investment Management, David is a Level III candidate in the Chartered Financial Analyst Program.
Emily majored in economics and management and psychology. Active with the Investment Club, she interned with NorthPointe Capital, a domestic-equity money management firm. After graduating with Phi Beta Kappa honors, Emily now works as an associate analyst at the New York investment firm Stifel Nicolaus, where she provides research coverage of energy stocks. She is a Level II candidate in the Chartered Financial Analyst Program.
Thomas participated in 2012 Commencement and in December will complete his economics and management major with an emphasis in finance. He interned at Lawrence, Evans & Co., an investment bank. A participant in the Macroeconomics Club, he also was captain of Albion's Fed Challenge team that won the Midwest regional competition and advanced to the national finals in Washington, D.C., where the group presented to Federal Reserve economists.
If applicable; not all sites need a students page.
Teaching and mentoring students is the first priority for Albion's Economics and Management faculty. Because of Albion's small class sizes, we get to know our students well.
Recent scholarly research by faculty addresses such topics as fighting botnets with economic uncertainty, ethical reasoning in management decision making, "zombie" lending by Japanese banks, networking to develop a professional identity, equity market liberalization, cost-effectiveness of video conferencing to diagnose stroke patients in rural areas, and decisionmaking principles of labor arbitrators in employment grievance cases.
Two Albion E&M professors have received prestigious fellowships from the National Science Foundation, and two have received Fulbright grants.
Jon A. Hooks, Department Chair and Professor
B.S., 1984, Cameron University
M.A., 1985, University of Texas at Dallas
M.A., 1987, Ph.D., 1989, Michigan State University
Phone: 517/629-0530; Office: Robinson 103
Scholarship: Articles on mutual fund returns, asset allocation, and the stock market in Journal of Business Research and elsewhere. Author of a textbook, Economics: Foundations for Financial Services Providers.
Courses: Principles of Microeconomics, The Economy and Financial Markets, Intermediate Macroeconomics, Government Economics and Policy, Money and Banking, Portfolio Theory, Financial Management, Financial Markets.
Advisor: 2012 Fed Challenge Team, Investment Club, ODE-Omicron Delta Epsilon International Honors Society in Economics
Vicki L. Baker, Associate Professor
B.S., 1999, Indiana University of Pennsylvania
M.B.A., 2001, Clarion University of Pennsylvania
M.S, and Ph.D., 2007, Pennsylvania State University
Appointed 2007 (off campus 2013-2014 – maternity leave/sabbatical)
Phone: 517/629-0238; Office: Robinson 111
Scholarship: Development of professional identity and professional networks among doctoral students in business, education, and engineering. Moral disengagement and ethical decision making in business. Articles published in Journal of Applied Psychology, Journal of Higher Education, Studies in Higher Education, and elsewhere; chapters in scholarly books.
Courses: Managing People and Organizations, Human Resource Management, Women in Business and Leadership, Management, Lessons Learned at "The Office," Management Consulting, International Management.
Advisor: Delta Sigma Pi fraternity
John B. Bedient, Associate Professor
B.A., 1975, Alma College
M.B.A., 1978, Indiana University
Phone: 517/629-0343; Office: Robinson 118
Courses: Financial Accounting, Managerial Cost Accounting, Intermediate Accounting I and II, Auditing, Accounting Information Systems, Governmental and Not-for-Profit Accounting, Marketing Principles and Decision-Making, Business Functions, Management
Advisor: VITA (Volunteer Income Tax Assistance); Site Coordinator, Accounting Society.
John M. Carlson, Assistant Professor
B.S., 1979, Ball State University
M.B.A., 1999, University of Cincinnati
Ph.D., 2012, University of Cincinnati
Phone: 517/629-0424; Office: Robinson 112
Courses: Financial Accounting, Managerial Cost Accounting, Intermediate Accounting II, Selected Topics: Business Combinations and Federal Income Taxation.
Advisor: American Institute of CPA's (AICPA), 2012 Accounting Competition, Team Albion, VITA (Volunteer Income Tax Assistance); Site Coordinator, Accounting Society.
Daniel S. Christiansen, Professor
B.A., 1969, Willamette University
M.A., 1971, Ph.D., 1975, Stanford University
Phone: 517/629-0425; Office: Robinson 100
Scholarship: Articles on temporary equilibrium in Journal of Economic Theory and on oil supply in Resources and Energy. Working on a textbook manuscript on intermediate microeconomics with calculus.
Courses: Principles of Microeconomics, Intermediate Microeconomics, Economic Statistics, Environmental and Natural Resource Economics, Mathematical Economics.
Mark Garrison, Adjunct Instructor
B.A., 1971, Albion College
J.D., 1974, University of Detroit
Phone: 517/629-0419; Office: Robinson 113
Courses: Business Law
Zhen Li, Associate Professor
B.A., 1996, Peking University
M.A., 1999, Ph.D., 2004, Princeton University
Phone: 517/629-0490; Office: Robinson 102
Scholarship: Economics of computer networks and computer security, equity market liberalization and economic development. Articles in Journal of Security and Communication Networks and in Journal of Economic Development; papers in peer-reviewed conference proceedings; chapter in scholarly book.
Courses: Principles of Microeconomics, The Economy and Financial Markets, Intermediate Macroeconomics, The Chinese Economy, International Finance, International Trade.
Joy Nakfoor, Visiting Instructor
B.A., 2000, Michigan State University
M.B.A., 2005, Michigan State University
M.I.M., 2006, Thunderbird School of Global Management
Phone: 517/629-0423; Office: Robinson 116
Courses: Managing People and Organizations, Marketing Principles and Decision Making, Supply Chain Management, Women In Business and Leadership and International Management.
Gregory M. Saltzman, Professor
S.B., 1976, S.M., 1976, Massachusetts Institute of Technology
Junior year, 1974-75, London School of Economics
M.A., 1978, Ph.D., 1982, University of Wisconsin-Madison
; Web: http://campus.albion.edu/gsaltzman
Phone: 517-629-0422; Office: Robinson 101
Scholarship: Union-management relations, labor and employment law, labor arbitration, health insurance, occupational safety and health, health care cost-effectiveness. Articles in Industrial and Labor Relations Review, Transportation Journal, Neurology, Journal of the American Academy of Child and Adolescent Psychiatry, and elsewhere. Chapters in scholarly books, including a National Bureau of Economic Research conference volume. Scholarly book: Truck Driver Occupational Safety and Health.
Courses: Principles of Microeconomics; Issues in Modern Political Economy; Labor Law, Unions, and Management; Labor Economics; Human Resource Management; Health Economics; Negotiation and Dispute Resolution; Health Policy in the U.S. and Canada; Economics, Politics, and Environmental Policy.
Renée Harlow, Department Secretary
B.A., 2012, Albion College
Phone: 517/629-0419; Office: Robinson 109
Feb. 23, 2014: Professor Branch Passes Away
Economics and Management Department
611 East Porter St.
Albion, MI 49224
The Albion College Department of Economics and Management is located on the first floor of Robinson Hall. Contact the department at 517/629-0419 or through the form below.