Business Division

 

Business Honors Track

The Baldwin Wallace University Business Honors Track provides a challenging opportunity for exceptional business majors.  The initial focus of this offering promotes: a predisposition to instilling the green concepts of sustainability (people, profit and planet); the understanding of ethical business practices in today’s fast-paced, ever-changing business environment; a self-awareness of one’s leadership potential, and the development of professional research, writing and presentation skills.  Sophomore and junior students are invited to apply for admission to business honors during the fall and spring semesters of each academic school year.

Minimum credits required: 12 (plus prerequisites)

Required Courses:

BUS

342H

Corporate Finance

3 credits

BUS

365H

Management Science

3 credits

BUS

461H

Sustainability Consulting Proposal Development/Shadowing

3 credits*

BUS

462H

Sustainability Consulting Project Recommendation

3 credits*

 

 

Total Business Honors

12 credits

* BUS 461H and BUS 462H, when both are taken and satisfactorily completed, substitute for the BUS 451 capstone requirement.

Students currently enrolled in the University Honors Program are encouraged to consider the Business Honors Track.  Business students with a 3.5 GPA or better become eligible to apply to the Business Honors Track in the second semester of their sophomore year.  Business students not in the University Honors Program or Business Honors Track may take either BUS 342H and BUS 365H if they hold a GPA of 3.5 or better and obtain permission from the Business Honors Director, Dr. Susan Kuznik. 

Business Honors Courses (Open to University Honors, Business Honors Students and others with Director approval):

BUS 342H (3 credits): Open to students formally accepted into Business Honors, University Honors students who elect these course to satisfy upper level requirements, and business students with Business Honors Director approval.  The course will draw from fundamental theory and casework to emphasize learning tools for managerial decision-making with emphasis on the triple bottom line and its impact on sustainable business practices.  Students will develop their analytical and problem-solving skills by learning how financial statements affect project management decisions.  They will study valuation tools such as net-present-value, internal-rate-of-return, and payback period and will learn the dynamics of long-term and short-term cash flow needs and the related risks.  Students will apply methods like capital budgeting and cash flow analysis and develop these tools to effectively resolve capital financing concerns, all of which are essential skills for the sustainability related consulting proposal and implementation project in the BUS 461H and BUS 462H courses.

BUS 365H (3 credits): Open to students formally accepted into Business Honors, University Honors students who elect these course to satisfy upper level requirements, and business students with Business Honors Director approval.  This course will evaluate internal business processes and their effects on sustainable business practices and the triple bottom line.  Through the utilization of various optimization techniques, business operations will be evaluated and recommendations made to eliminate waste, increase efficiencies, and enhance organizational effectiveness.  These skills are important in the capstone BUS 461H and BUS 462H courses as the analytical techniques will be utilized in the design and implementation of the consulting project.

BUS 461H (3 credits): Open to students formally accepted into Business Honors, University Honors students who elect these course to satisfy upper level requirements, and business students with Business Honors Director approval. 

BUS 462H (3 Credits): Open to students formally accepted into Business Honors, University Honors students who elect these course to satisfy upper level requirements, and business students with Business Honors Director approval.  This two-semester course sequence is the “capstone” course for the Business Honors Track.  It combines all the various skills, abilities, and attitudes received in the general business curriculum and honors preparatory courses deemed important in the consulting project.  It explores crafting and implementing strategy within the context of maintaining and/or enhancing sustainable business practices.  Students explore strategy formulation dynamics including the external environment and its impact on business functioning, industry dynamics, the resource-based view of the firm, and business level strategic choices.  Strategy recommendation includes evaluating global initiatives, mergers and acquisitions, stakeholder effects, organizational structure, boards and strategic leadership and their effects on business, society and the triple bottom line.  All student learning is focused upon clients and the development of consulting skills necessary for the successful development, presentation, and recommendation of a sustainability plan for that organization.  Focusing on the “triple bottom line,” small groups of students will function as consulting teams that will create viable plans for organizational transformation and growth.  In each case, students will aim to recommend to their client a sustainability project to be implemented within their organization.

**Business Honors Recognition:
All Business Honors courses must be taken for a letter grade, A+ through F; they may not be taken on an S/U basis.  Students who successfully complete the required Honors courses (earning grades of 3.0 or better) and who have achieved a cumulative grade point average of 3.5 or higher will, upon graduation, receive the recognition “Graduating with Business Distinction” on their transcript.

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