Melvin D. and Valorie G. Booth School of Business

Director: Benjamin Blackford

Assistant Director: Chi Lo Lim

Faculty: Casey Abington, Shandy Beck, Casey Bell, Lisa Bishop, Jamie Campbell, Hung Cao, Shih-Hsien Chuang, Tolina Fufa, Araceli Hernández, Christopher Holder, Brenda Jones, Laura Kauzlarich, KyungJoong Kim, Stephen Ludwig, Cheryl McIntosh, Jeff Nickerson, Doug Russell, Jason Satchell, Tiebing Shi, Malinda Tobin, Shelby Trussell, Tekle Wanorie, Weiping Wu.

Mission Statement

The mission of The Melvin D. and Valorie G. Booth School of Business is to guide and educate our students to become critical thinkers and effective communicators prepared to thrive as ethical, and socially responsible business and civic leaders in a diverse global environment. We are committed to creating and disseminating relevant theoretical and practical business knowledge that leads to student, faculty, and community success. Our faculty actively engage and encourage our students with experiential and applied learning that fosters collaboration and respect for diversity.

Accreditation

The Melvin D. and Valorie G. Booth School of Business at Northwest Missouri State University is nationally accredited by the Accreditation Council for Business Schools and Programs (ACBSP) for the following degree programs: (1) the Master of Business Administration (M.B.A.) degree; (2) the Bachelor of Science (B.S.) degree with majors in Accounting, Business Economics, Business Management, Business Technology, Finance, International Business, Marketing, and Management Information Systems.

Degree Programs

The School of Business offers programs leading to the Bachelor of Science degree. All majors must complete at least 60 percent of the comprehensive major from Northwest. Students must earn a grade of C or better in all Common Professional Component (p. 258) (p. 258)and major courses. Students may select from the following majors offered by the School of Business: Accounting-Public and Managerial, Business Administration, Business Economics, Business Management, Economics, Finance-Corporate Finance, Financial Management, or Financial Services, Human Resource Management, International Business, and Marketing.

Each major is designed to prepare students for their professional career choice by providing them with the critical thinking capabilities and communication skills required for success in today’s business world. The variety of majors permits the student a wide range of choices. These alternatives vary from the opportunities of entrepreneurship to the challenges of corporate positions.

In addition, the School of Business offers an interdisciplinary major in Data Science and Informatics. Interdisciplinary minors in Accounting Information Systems, Agricultural Finance, and Sport Management. Minors in Economics or General Business are available to students who major in another discipline, permitting students to gain exposure to the principles and fundamental concepts of business while pursuing a non-business major.

Business Transfer Requirements

Any community college student or student from another baccalaureate degree-granting institution planning to transfer to Northwest Missouri State University who has selected one of the business majors should place heavy emphasis on liberal arts courses during the first two years of study. However, students may wish to include some business courses in their programs and should select courses from the following:

College Algebra (3 semester hours)
Statistics (3 semester hours)
Computers and Information Technology (3 semester hours)
Principles of Accounting (3 semester hours)
Business Communication (3 semester hours)
Principles of Macroeconomics (3 semester hours)
Principles of Microeconomics (3 semester hours)
Business Law (3 semester hours)
Fundamentals of Business Finance (3 semester hours)
Principles of Management (3 semester hours)
Principles of Marketing (3 semester hours)

Any business course taken at any regionally-accredited institution deemed equivalent to a Northwest business course will transfer, provided that at least 60 percent of the comprehensive major or business minor is completed at Northwest.

Special articulation agreements are available with community colleges for the transfer of associate of applied science degrees. Further information may be requested from the Office of Admissions-Operations.

Admission to the School of Business

To ensure that students have the necessary tools to succeed in their business major, they must meet the following requirements to be admitted to the School of Business:

Minimum score of 25 on ACT

Complete a minimum of 45 and a maximum of 80 hours
Maintain at least a cumulative 2.50 GPA
Complete the following courses with a grade of C or better:

Required Courses

Must earn a grade of C or better in each of the following courses:

MATH 17114 - General Statistics Credit Hours: 3
ECON 52150 - Principles of Macroeconomics Credit Hours: 3
ECON 52151 - Principles of Microeconomics Credit Hours: 3
ACCT 51201 - Accounting I Credit Hours: 3
MGMT 54313 - Principles of Management Credit Hours: 3
OR
MKTG 55330 - Principles of Marketing Credit Hours: 3

Note:

Students who have met the admission requirements will submit an application to the School of Business and, upon notification of their admission, can pursue advanced courses in consultation with their academic advisor.

Departmental Subject Areas

Accounting / 51, Economics / 52, Finance / 53, Management / 54, Marketing / 55

Economics

Students may pursue a comprehensive major in Business Economics or a major in Economics with a minor area. Additionally, students who major in another discipline may complete a minor in Economics. The major objective of the Economics program is to equip students with the principles and methods of sound economic theory so that they are prepared for employment in the private or public sectors and for graduate study.

The economics courses also perform several functions: (a) they provide students within the Melvin D. and Valorie G. Booth School of Business with knowledge in economics and skills needed to pursue successful careers in private business or public service and (b) through Northwest Core courses, they offer all students at the University an opportunity for education in economics so that they may become well-informed consumers and citizens who understand economic issues and policies.

Programs

Majors

Minors