Albion's Economics and Management Curriculum (Traditional Chinese)
When Michael Brown, '87, (pictured at left) was a student at Albion College, creating a brochure for Albion's Downtown Development Authority put him on the path that led to his current position as interactive director with Full Circle, a marketing and interactive agency in Grand Rapids.
Nearly 25 years later, Brown's career has completed the full circle. This time, he's mentoring a group of economics and management majors in a consulting project as the city of Albion evaluates the redesign of its website. In a management course taught by Vicki Baker, the students have broken into five teams working with Brown.
Teamwork and preparation paid off for Albion's Fed Challenge team, as the group took an honorable mention in the national College Challenge hosted by the Federal Reserve on November 29. "How many other times will you see Albion and Harvard competing?" asked team member Heather Waldron. "We all worked really hard to get here, and it was an once-in-a-lifetime experience."
Demonstrating their understanding of the workings of the Federal Reserve, a team of Albion economics and management students recently won the Chicago District College Fed Challenge. The group now heads for the Fed Challenge national finals, November 29 in Washington, D.C., in which it will face the other regional finalists from Harvard University; Rutgers, the State University of New Jersey; Lafayette College; and the University of North Carolina at Chapel Hill.
Southern Michigan professionals joined Albion students, faculty, and guests for a fascinating and frank panel discussion of accounting standards issues April 5 in the Science Complex atrium. Two former directors of the Financial Accounting Standards Board plus a current senior FASB adviser presented an open panel discussion as part of a three-day visiting program for Gerstacker Institute and accounting students.
Albion College economics and management chair and professor Greg Saltzman has been used as a source in recent Dayton (Ohio) Daily News articles about state governments and public employee unions. His research interests include labor law, management-union relations, employee benefits, health services, and labor union political action.
Chen graduated cum laude from Albion College in 2011 with a B.A. in economics and management.
Where are you from?
I am from Nanjing, China. I attended Nanjing Foreign Language School before coming to Albion College.
Why did you choose Albion?
I learned about Albion looking at U.S. News & World Report. I was impressed with the ranking, small size, personal attention, and research opportunities. I also liked the generous scholarships available for international students.
What is your favorite thing about Albion?
The professors! They helped me find my passion in life and were able to connect me to my future job. One of my favorite professors retired recently but I still stay in touch with him regularly.
What extracurricular activities are you involved in?
The Albion College Accounting Society. Every year, I volunteer to fill out people’s income taxes. I also help plan activities with the Chinese Student Union but mostly I am busy with undergraduate research (FURSCA).
What will you do after you graduate?
I will graduate this year and I already have a job lined up with Ernst and Young. I will be an auditor.
How much will your salary be per year?
Right now, my starting salary is $50,000 a year.
Why do you want to work in the United States?
I want to use my U.S. diploma to gain experience here so that within 10 years I can go back and work in China. By doing this, I can start at a higher level of income in China
Albion College welcomes international students, and a growing number of our students come from outside the United States.
Albion's program in Economics and Management provides a pathway to a productive career in business, government, or nonprofit organizations. Our majors have had considerable success in getting good jobs after graduation or in gaining admission to selective graduate or professional programs. This success makes an Economics and Management degree from Albion College a good investment in your future.
Albion College provides a safe, supportive environment for academically talented international students who want to learn about America. Experience living and studying in America is especially valuable for those seeking careers in business or government because of the economic importance of the U.S. Having international students at Albion also enhances the educational experience of our American students.
Several faculty members in Albion College's Economics and Management Department have international interests:
Vicki Baker teaches E&M 362, International Management. She has supervised a management project conducted by a joint team of students from Albion College and from ESCIA, a business school in France. She visited France and Greece in spring 2011 in an effort to secure international project opportunities for Albion College students. As part of the Michigan Colleges Alliance (of which Albion College is a member), Vicki is part of the Global Leadership Development Program team for Shape Corporation (headquarters in Grand Haven, MI). Vicki is working with high potential individuals at Shape to train them for leadership advancement within the global company. She was in China and will be in Mexico as part of this executive education training which she helped develop and deliver.
Zhen Li received her B.A. degree at Peking University before obtaining her Ph.D. from Princeton University. She teaches E&M 363, The Chinese Economy; E&M 365, International Finance; and E&M 366, International Trade. She has done research on equity market liberalization in developing countries. She is a native speaker of Mandarin.
Greg Saltzman studied for a year at the London School of Economics and was a visiting fellow at the University of Warwick. He received two Fulbright grants from the U.S. State Department, one to teach labor relations at Jilin University School of Business in China (2008), and the other to teach labor relations and managerial negotiation at Hanyang University School of Business in South Korea (2015). He wrote one journal article comparing the health insurance systems in the U.S. and Canada and another journal article analyzing public opinion about labor disputes in the U.S., Canada, Norway, and Sweden. He reads extensively about the Palestinian-Israeli conflict.
Albion College offers a four-year Bachelor of Arts degree program in many different fields, including economics and management.
The Economics and Management department offers several of the most popular majors at Albion College. We have accounting, finance and several E&M majors with emphasis. We offer small classes taught by very good teachers. Our courses address both the immediate application of problem-solving techniques and the conceptual basis for those techniques. This conceptual knowledge prepares students for eventual advancement into senior positions.
Our curriculum prepares students to analyze, decide, and lead in business, government, or nonprofit organizations. Areas of emphasis within the Economics and Management Department include economics, general business, human resources, and international business and economics. We offer all of the courses needed to be eligible to take the CPA exam. Many of our students participate in Albion's Gerstacker Institute for Business and Management.
Admission decisions are made at the College level, rather than the Departmental level. The Albion College Web site has information about international admissions. We are academically selective, drawing mainly from the top quarter of high school graduates.
The Albion Web site also has information about financial aid for international students as well as costs. Academically strong international students can receive generous scholarships of up to 50 percent of the cost of tuition, room, and board. Nevertheless, international students should be aware that college or university education is much more expensive in the U.S. than it is in many other countries.
Albion College is located in Michigan, a state in the northern U.S. Our campus is in the City of Albion, a small town about 150 km west of Detroit and 300 km east of Chicago. Albion College is about an hour's drive from two very large universities with many international students: the University of Michigan and Michigan State University.
The recipient will be an Economics and Management major interested in pursuing a career in public accounting. The student must have at least a 3.2 grade point average in Economics and Management and a 3.0 GPA overall. The student must display leadership and service on campus and/or in community activities. Preference will be given to multicultural students. Applicants apply in the spring as a sophomore or junior for their junior or senior year. The scholarship will be used to offset tuition for the following semester and/or room and board.
The recipient will be an Economics and Management major of junior standing. Applicants apply in the spring as a sophomore for their junior year. The scholarship will be used to offset the tuition for the following semester and/or room and board.
The recipient will be and Economics and Management major with an accounting focus. The recipeint(s) of the scholarship shall maintain a minimum GPA of 3.2 on a 4 point scale. In addition the recipient(s) must be involved or have been involved in community outreach and volunteerism during their time at Albion College.
The recipient will be an Economics and Management major with Accounting Emphasis (enough to sit for CPA exam upon graduation). The student must have a minimum major grade point average of 3.2 with a cumulative of 3.0 overall at the end of the junior year. Applicants apply in the spring as a junior for their senior year. The scholarship will be used to offset the tuition for the following semester and/or room and board.
These are given to the graduating senior in Economics and Management with the highest grade point average.
The award recognizes research or scholarship by a graduating senior in Economics and Management.
The award honors excellent academic performance by a graduating senior in Economics and Management.
The award recognizes scholarship and service by a graduating senior in Economics and Management.
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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 Goldman Sachs, NorthPointe Capital; Lawrence, Evans & Co. Investment Bank; Ernst & Young; Baird Investment Bank; Rehmann and Robson Accounting; Hartline Investment Company; PricewaterhouseCoopers; Quicken Loans; Pfizer; 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.