BUSINESS | Data Driven & Innovative


The Baker business department is known throughout the region for its quality and rigor. The Accreditation Council for Business Schools and Programs issued Baker its second reaffirmation certificate in 2016—a hard-earned distinction that corroborates our faculty’s excellence. 
We offer three concentrations in the program: finance, marketing, and management. Five majors are offered within the field—business, accounting, economics, international business, and sports marketing. 

PREPARE FOR LAW SCHOOL

Baker prepares students for a law degree with our pre-law interdisciplinary minor, and does it well—95% of our pre-law students are accepted into their first- or second-choice law school. Students work with a pre-law advisor to create a course of study that prepares them for law school. The advisor also helps find internship opportunities.

SEE RESULTS

Baker’s business department is results-oriented—much like the discipline itself. Our small class sizes and personal attention equip students with the experiences they need to be ready for the workforce. Last year, the department’s seniors scored in the 96th percentile on the ETS exam, which measures real-world preparedness against seniors from other universities. 

INTERNSHIP OPPORTUNITIES

Our students have interned at national accounting firms, professional sports teams, and federal agencies. Baker has ongoing relationships with businesses throughout the area, and many businesses are eager to host Baker interns.

BOOK PROGRAM

Students are encouraged to participate in the BOOK Program (Baker Organizational Observation for Knowledge) to enhance their internship experiences. The program encourages students to look deeper into organizations by researching the history, mission, structure, products and services, finances and management of the company. At the conclusion of the program, presentations are given in front of a panel of judges who choose the winner of a cash prize.

LAUREN | Business and Accounting Major, Class of 2016

“Before I came to Baker, I was always a dedicated and focused student. In my three years here, I’ve already completed three internships, including working with Representative Kevin Yoder in Washington D.C., and studied abroad in Italy. I’m both the student body and student senate vice president, president of my sorority, and the founding chair of the College Republicans. Baker has given me so many opportunities already; I can’t wait to see what my senior year has in store for me.”

SARAH | Business Finance Major, Class of 2016

“Baker’s program is well rounded and teaches you a lot about different areas of business. It gives you good exposure to possible career paths and the faculty want you to succeed. They’ll do everything they can to help you succeed and move forward with your goals.”

GAVIN | Business Finance Major, Class of 2016

Gavin is a member of the men’s tennis team, a University Admissions Assistant and, now, an intern with Cessna Aircraft – Textron Aviation as a contract administration coordinator. This hands-on opportunity will allow Gavin to learn the ins and outs of the business world through writing contracts, understanding the consumer purchase process, and learning about Cessna’s small aircrafts.

CAREERS

Our business majors have landed the following jobs:

  • Business administrators
  • Data analysts
  • CEOs of large firms
  • Entrepreneurs
  • Management

%

of graduates are employed full time or enrolled in graduate school within six months of receiving their diploma.
Course Descriptions

R: course can be repeated for credit; P/NC: course graded on a pass/no credit basis

BS 105 – Introduction to Global Business

This course introduces students to the global business environment. The nature and importance of the business functional areas (e.g., accounting, finance, management, marketing, etc.) are also examined. Enrollment is limited to students in Blue Valley’s CAPS program. (3 credit hours)

BS 141 – Introduction to Business

The course is intended for first-year Business majors, students who are undecided about majoring in Business, and non-majors who wish to obtain a broad overview of the operation of the business enterprise and its role in U.S. and international commerce. The roles of business as supplier of goods and services, employer participant in public affairs, and civic partner will be examined. Basic business functions of accounting, management, marketing, finance, and human resources will be introduced. Career options in business are also presented. (3 credit hours)

BS 220 – Bronston Fellows Seminar

This course provides a range of enriched opportunities for participating students. Contemporary topics in business are examined through interaction with guest speakers, exercises, and site visits. R; P/NC (1 credit hour)

BS 230 – Quantitative Analysis for Business and Economics I

The purpose of this course is to provide students an opportunity to develop and expand upon their quantitative analysis and reasoning skills in the context of problems and challenges often faced by leaders in business, accounting, and economic research Prerequisite: An ACT math score of 20 or higher, or MA 090. (Cross-listed as MA 230.) (4 credit hours)

BS 251 – Business Law I

This course presents an overview of legal methods and sources, the law of contracts, defamation, negligence, and employment law. Basic legal research techniques are introduced. Prerequisite: BS 141. (3 credit hours)

BS 252 – Business Law II

The law relating to operations of business enterprises, including torts, product liability, bankruptcy, secured transactions, employee/employer relationships, and debtor-creditor relationships is studied. Prerequisite: BS 141. (3 credit hours)

BS 271 – Principles of Marketing

This course is an introduction to marketing as a social process. Using product, price, distribution, and promotion as the base, marketing is explored as human activity directed at satisfying needs and wants through exchange processes. Prerequisites: BS 141 and EC 242. (3 credit hours)

BS 330 – Quantitative Analysis for Business and Economics II

The purpose of this course is to provide students an opportunity to further develop and expand upon their quantitative analysis and reasoning skills in the context of problems and challenges often faced by leaders in business, accounting, and economic research. Prerequisite: BS 230 or equivalent course (will require instructor approval). (Cross-listed as MA 330.) (4 credit hours)

BS 331 – Business Information Systems

The objectives of this course are to understand the nature and impacts of information systems for individuals, organizations, and society; to enhance the student’s problem-solving skills for business and for them to appreciate the role of information technology in problem solving; and to enhance the student’s skills with end-user tools in information technology. Prerequisites: BS 141, junior status. (3 credit hours)

BS 353 – Fundamentals of Management

This course introduces the process of management by studying the functions performed by managers, including planning, organizing, leading, and evaluating. Prerequisites: BS 141 and EC 242. (3 credit hours)

BS 355 – Human Resource Management

This course looks at the management of human resources from the point-of-view of a business manager. Upon successful completion of this course, the student should understand the basics of human resource planning, recruitment, selection, development, compensation, and appraisal. The student should also understand constraints on management discretion, including legislation, court decisions, labor unions, and labor markets. Prerequisite: BS 353. (3 credit hours)

BS 356 – Quantitative Methods in Decision Making

Quantitative techniques, including linear programming, are applied to modeling for business decision making. Prerequisite: BS 330, MA 321, MA 355, or MA 472. (3 credit hours)

BS 361 – International Management

An overview of management in an international context is introduced through examination of case studies, application of relevant theories from management and economics, and consideration of special factors such as culture and politics. Prerequisite: BS 353. (3 credit hours)

BS 370 – Ethics in Business

In the course, we will consider numerous issues/concerns for business managers today, including moral responsibility, social responsibility, and ethical behavior at both the personal and organizational levels. Prerequisite: BS 141 or equivalent, junior status. (3 credit hours)

BS 381 – Corporate Finance

This course is an introduction to corporate finance. Most of the class covers the theory and practice of asset valuation and pricing, with applications to the long-term investment decision. The implications of capital structure decisions will be evaluated. Prerequisites: AC 141 and EC 242. (3 credit hours)

BS 382 – Investments

Topics covered in BS 381 Corporate Finance, specifically diversification and risk, are applied to managing investments. The institutions of investing, the theory of asset pricing, and evaluation of portfolio performance are studied. Prerequisite: BS 381. (3 credit hours)

BS 383 – Corporate Finance II

Further topics in corporate finance, including the firm’s liability structure and dividend policy, options, warrants and convertible bonds, and mergers and acquisitions are introduced. This class employs significant casework. Prerequisite: BS 381. (3 credit hours)

BS 390 – Business Internship

This course involves completing an internship of at least 120 clock hours over at least eight weeks in a professional work setting where the student has the opportunity to observe and participate in an organization’s business processes. The student’s work experience will be under the supervision of a faculty sponsor and will be designed to provide practical experience in marketing, management, or other functional business area. Credit earned in this course will count toward the maximum of 12 hours of internship credit a student may earn during their undergraduate experience at Baker. Prerequisite: Varies based on the student’s major and/or concentration; permission of the instructor. R; P/NC (3 credit hours)

BS 456 – Business Policy

This course is the capstone class for Business, Accounting, and International Business majors. Through the use of case studies and team projects students practice applying principles of finance, accounting, management, economics, and marketing to business problems and opportunities using a strategic analysis framework. Prerequisites: BS 353, 381, and senior status. (3 credit hours)

BS 462 – International Marketing

Marketing principles are applied in an international setting through the use of case studies and class simulations. Special emphasis is placed on cultural, economic, and political differences. Prerequisite: BS 271. (3 credit hours)

BS 463 – International Finance

A macroeconomic approach to the study of global markets is taken in this course. Specific topics and concepts examined include balance of payments, exchange rate systems, the World Bank, the IMF, international banking, and the European Union. Prerequisites: EC 242, 243, and BS 381. (Cross-listed as EC 463.) (3 credit hours)

BS 474 – Marketing Research

This course emphasizes the importance of information for marketing decision-making; various approaches and techniques are explored through case studies and team projects. Analytical techniques and quantitative applications are introduced. Prerequisites: BS 271 and either BS 330 or MA 321. (3 credit hours)

BS 478 – Business Online

This subject aims to provide students with an understanding of online business in the context of today’s global business environment. This subject covers key areas of online business including: business-to-business and business-to-consumer relations, Internet commerce, EDI, standards, regulation, and policy, principles and practices of online business security, and social and economic issues. Prerequisite: CS 175 or permission of instructor. (Cross-listed as CS 478.) (3 credit hours)

BS 481 – Research Project or Professional Consultancy

This course provides students with an opportunity to engage in active and collaborative learning experiences with peers and/or faculty within the program. The course focuses on involving students in meaningful and practical experiences beyond the existing curriculum in hands-on and real-world learning environments. Prerequisite: Junior or senior status, Department Chair approval. (1-3 credit hours)

Do you want to teach business?
Baker University’s undergraduate education programs license teachers in business (6-12). Students pursuing a degree in education and teacher licensure work closely with faculty advisors from the School of Education to fulfill the requirements for a degree from Baker University and teacher licensure in Kansas. Candidates are required to complete education course work and the required course work in at least one content area. Learn More >>

Scholarships

The Department of Business and Economics gives these awards with financial prizes to be applied to the following year’s tuition:

  • Outstanding First-Year Business Major
  • Outstanding Sophomore Business Major
  • Mildred Hunt Riddle Departmental Recognition Scholarship for Business and Economics
  • KPMG-Cecil Miller Scholarship
  • Carley M. Upp Memorial Scholarship
  • William G. McGowan Scholarship
  • Professor Fran Jabara Leadership Awards

STUDENT LEARNING OPPORTUNITIES

DIALOGOS RESEARCH SYMPOSIUM
Dialogos creates opportunities for the free exchange of ideas among scholars. Students from every part of the academy present original works, in a variety of forms and mediums, and engage with an interdisciplinary community of peers, staff and faculty. The symposium also features a keynote address from a prominent Baker alum. Through open and critical discussion, participants learn from and contribute to the betterment of the whole. At Dialogos, to quote John Wesley, we "think and let think."
Dialogos creates opportunities for the free exchange of ideas among scholars. Students from every part of the academy present original works, in a variety of forms and mediums, and engage with an interdisciplinary community of peers, staff and faculty. The symposium also features a keynote address from a prominent Baker alum. Through open and critical discussion, participants learn from and contribute to the betterment of the whole. At Dialogos, to quote John Wesley, we "think and let think."
BOOK Program
Students are encouraged to participate in the BOOK Program (Baker Organizational Observation for Knowledge) to enhance their internship experiences. The program encourages students to look deeper into organizations by researching the history, mission, structure, products and services, finances and management of the company. At the conclusion of the program, presentations are given in front of a panel of judges who choose the winner of a cash prize.
BOOK Program
Students are encouraged to participate in the BOOK Program (Baker Organizational Observation for Knowledge) to enhance their internship experiences. The program encourages students to look deeper into organizations by researching the history, mission, structure, products and services, finances and management of the company. At the conclusion of the program, presentations are given in front of a panel of judges who choose the winner of a cash prize.

FACULTY

Lowell Jacobsen

Dr. Lowell Jacobsen

Elizabeth Harvey Rhodes Professor of International Business | lowell.jacobsen@bakerU.edu

Ph.D. in Economics, Edinburgh University; M.I.M. Thunderbird School of Global Management; B.A. in Economics and Finance, Buena Vista University
Expertise: business strategy, finance, international economics
Office: Mabee 306 | 785.594.4516 | More Info

Paulette Schwerdt

Instructor of Business and Economics | paulette.schwerdt@bakerU.edu

B.B.A., M.B.A. Washburn University, expertise: finance and management
Office: Mabee | 785.594.8470

Rick Gammon

Instructor of Business and Economics | rick.gammon@bakerU.edu
Office: Mabee Hall

Alan Grant

Dr. Alan Grant

Professor of Business & Economics | alan.grant@bakerU.edu

B.S., M.A., Ph.D. Kansas State University
Expertise: inflation forecasting and lottery finance
Office: Mabee 308 | 785.594.8498

 Martha Harris

Professor of Business & Economics | martha.harris@bakerU.edu
Martha Harris loves the opportunity to watch students grow and believes teaching is being passionate about student success and helping students find paths in their lives, wherever that may lead. When not molding the minds of future business leaders, she is a history junky and a hopeless Anglophile.

B.S. Baker University, M.B.A. University of Kansas
Expertise: financial institutions, fraud examination
Office: Constant Hall  | 785.594.8338

Gary Irick

Gary Irick

Associate Professor, Chair of Business & Economics Department | gary.irick@bakerU.edu

Masters in Management, Northwestern University
Expertise:  financial reporting and auditing
Office: Mabee 309 | 785.594.8479

Kevin McCarthy

Dr. Kevin McCarthy

Professor of Business & Economics, Collins-Dietrich Chair kevin.mccarthy@bakerU.edu

B.A., M.B.A., Ph.D. St. Louis University

Office: Mabee 208 | 785.594.8395

Nadia Novotorova

Nadia Norotorova

Associate Professor of Marketing nadia.norotorova@bakerU.edu

Ph.D. University of Illinois at Urbana-Champaign, M.B.A. Iowa State
Office: Mabee 304 | 785.594.4515

Judy SmrhaDr. Judy Smrha

Professor of Business & Economics | judy.smrha@bakerU.edu

B.A. Mills College; M.A., Ph.D. Johns Hopkins Universit y
Expertise: applied microeconomics, statistics, sports economics
Office: Mabee 303 | 785.594.8337

CONTACT US

Jill Franklin
Department Assistant
Business & Economics
Office: Mabee Hall
785.594.8470
jill.franklin@bakeru.edu