Business (TSAP)
Offered at IU Southeast by School of Business.
About
The B.S.B. in business has nine concentrations: accounting, business economics and public policy, finance, general business, general management, human resource management, international business, marketing, and supply chain and information management.
Accounting
Accounting is an information system that communicates financial information about a business to users such as shareholders, managers, investors, regulators, and the general public. Accountants engage in a wide variety of tasks, including preparing financial statements and recording business transactions in order to keep track of a business's liabilities, assets, income, and expenses, as well as working with new technologies and developing and using information systems.
Business economics and public policy
Almost every firm, government agency, and organization has one or more financial managers who oversee the preparation of financial reports, direct investment activities, and implement cash-management strategies. Many of these occupations require a college-educated individual who can write and speak well, solve problems, learn new information quickly, and work well with others on a team.
Finance
Finance is both the science and the art of managing money. As a science, modern finance is based in scientific inquiry, statistics, and mathematics. However, there are also many non-quantitative variables that matter, including individuals'—and sometimes entire markets'—behavior patterns. This is where art comes into play.
General business
Students build a custom business degree program through their choice of courses from all of the business disciplines. This concentration might be attractive to entrepreneurs who need exposure to all aspects of a business, non-business students who would like to double major in business, or those who plan to specialize later with a graduate degree.
General management
Management is the act of working through others to accomplish desired goals and objectives. Managers must be able to plan, organize, lead, and control. These actions may involve motivating, budgeting, communicating, leading a team, disciplining, strategizing, or rewarding, all in the effort to help the organization run as effectively and efficiently as possible. Knowledge of management issues has always been—and will continue to be—important. All companies, regardless of the location or industry, need to be managed and have managerial positions.
Human resource management
Human Resource Management (HRM) consists of the policies, practices, and systems that influence and support the behavior, attitudes, and performance of employees. The type of work HR professionals typically perform includes the development and implementation of a large variety of human resource functions and programs such as hiring, staffing, training, human resource development, performance management, equal opportunity compliance, safety management, employee relations, wellness, communication, and motivation programs.
International business
Language difficulties and cultural differences make international business both challenging and rewarding. Survival of many U.S. companies is dependent on the ability to expand into new markets. Multinational companies operate production facilities in numerous foreign countries, so business students need to learn about the underlying economic, political, and social trends of foreign nations. This concentration has four emphasis areas: Africa, Asia, Europe, and Latin America.
Marketing
Marketing is the business function responsible for generating the ideas and connections that make money for the firm. You could be a good marketer if you are perceptive and empathetic; practice creative problem-solving; are interested in the use of technology; enjoy social media such as Facebook, Twitter, etc.; would like to start your own business; or want to learn how to promote your No. 1 product—you.
Supply chain and information management
This concentration consists of the integration of two areas of business: Technology focuses on current information technology and methodologies that enable organizations, while supply chain delves into operations systems and processes for the production and delivery of goods and services. The integration of information systems with operations management will uniquely prepare students for the operational challenges of the future.
- This is an approved Transfer Standard Articulation Pathway (TSAP) program in conjunction with Ivy Tech Community College and Vincennes University.