Scholarships and Awards
For Economics and Management Majors
Robert B. Hetler/PriceWaterhouseCoopers Accounting Scholarships
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.
Tim Cash/Ernst & Young Public Accounting Scholarships
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.
Gaylord Smith Award for Scholarship in Accounting
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.
E. Scott Cracraft Scholarship for Excellence in Accounting
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.
Outstanding Economics and Management Major Award and Delta Sigma Pi Scholarship Key
These are given to the graduating senior in Economics and Management with the highest grade point average.
Maurice L. Branch Award
The award recognizes research or scholarship by a graduating senior in Economics and Management.
E. Maynard Aris Award
The award honors excellent academic performance by a graduating senior in Economics and Management.
Walter A. Terpenning Award
The award recognizes scholarship and service by a graduating senior in Economics and Management.
Frequently Asked Questions
Where can I go?
Almost anywhere! We have more than 100 approved programs in over 60 countries on six continents. To find the program that is right for you, stop by our office in Vulgamore Hall and check our brochures or visit the Study Abroad section of this Web site.
Do I have to be fluent in a foreign language?
No, there are many programs taught in English all over the world.
Will the classes I take abroad count toward my degree?
Yes! All credits come back as Albion credit when you study on an Albion approved program. Some classes can count toward your major as long as you get prior approval from your department chair and the registrar. Also, you can fulfill your global category by studying abroad and keeping a journal that you will turn in when you come back. (Journal guidelines are available in our office.)
Can I use financial aid to cover my expenses?
Yes. You can use 75% of your Albion Scholarship and 100% of any need-based financial aid toward the actual cost of your program. You can also check with the Financial Aid office to check on student loans to cover the cost of airfare, passport, and other fees related to your program. There are also grants and scholarships available. Check this link on our site for more information.
Do I need to have a certain GPA to study abroad?
Yes. You must have at least a 2.7 cumulative GPA to apply to study off-campus; some programs have higher GPA requirements. You must also have successfully completed the Writing Competency Exam before you leave to study abroad.
Where will I live?
Housing options vary by program, with some offering a room in a residence hall, some with a host family, and some a shared apartment. Meals may be in a dining hall, or you may have access to your own kitchen to prepare your own meals.
What is the application deadline?
Generally, spring programs have a deadline in the fall preceding the semester you study abroad. Summer, fall, and academic-year programs have a deadline of early spring. Japan Studies spring-only has a deadline of a full year before you leave for your program, while Japan Studies yearlong and London School of Economics have a deadline in January.
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.
Areas of Emphasis
Department of Economics and Management
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.
International Business and International Economics
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.