Martha and Spencer Love School of Business
Encyclopedia
The Martha and Spencer Love School of Business is part of Elon University
Elon University
Elon University is a private liberal arts university in Elon, North Carolina, United States. Formerly known as Elon College, it became Elon University on June 1, 2001. The campus is a botanical garden and features oak trees, brick sidewalks, fountains, and lakes...

 in Elon, North Carolina
Elon, North Carolina
Elon is a town in Alamance County, North Carolina, United States. It is part of the Burlington, North Carolina Metropolitan Statistical Area. The current population estimate is 7,060. The town of Elon is home to Elon University. The town was called "Elon College" until the college known as Elon...

. The undergraduate school offers degrees in Bachelor of Science in Accounting, the Bachelor of Science in Business Administration, and the Bachelor of Arts in Economics. Minors are also offered in Accounting, Business Administration and Economics. The school offers concentrations in Entrepreneurship, Healthcare Administration, Human Resources, International Business, Leadership/Management, Marketing, and Supply Chain Management. The graduate school offers a Master of Business Administration. Its goal is to provide a general background for students in managing business assets.

History

Spencer Love earned an Honorary Law Degree in 1951 from Elon University. The Martha and Spencer Love School of Business was established in 1985 when the first $1 million dollar donation was made to Elon University. It was originally located in the Long Building, but was moved to Koury Business Center, which was completed in 2007. The Koury Business Center, home to the Martha and Spencer Love School of Business, is a $10 million facility with the latest technology.

Accounting

This department teaches students how to measure business activities and communicate this information to investors, creditors, and other decision makers who use it to make strategic and informed financial decisions.

Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

Students are taught that the economic climate is always changing, what causes these changes, and predict how consumer behavior will alter over a period of time.

Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

Students acquire an informed background in basic financial principles and practices required in negotiations between business professionals.

Management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...

This program focuses on teaching students the skills of managing people and processes in small and large business organizations.

Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 and Entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...

This department focuses on building a foundation in the traditional arts and sciences through hands-on learning and development of ethic principles.

Business Fellows Program

Students work with other Business Fellows on a student-run financial services program that manages part of the Elon endowment and receive experience in the national and global business world through internships with major companies and other opportunities.

Chandler Family Professional Sales Center

Students practice professional selling and sales management through instruction by experienced sales executives and research in sales.

Doherty Center for Entrepreneurial Leadership

Students learn through experience in entrepreneurial thinking.

William Gerrard Reed Finance Center

This program provides students with the opportunity to follow stock, bond, futures, currency, and options markets and actively participate in them.

New York Program

This program is for rising juniors and seniors to experience life and work in the real world in New York City.

LSB Summer Business Institute

This program offers juniors, seniors, and new graduates in non-business majors to practice and improve their skills in marketing.

PRME: Principles for Responsible Management and Education

This program engages an international group of institutions, including Elon, to "encourage social responsibility in the creation of a sustainable global economy” (Elon).

Student organizations

  • Alpha Kappa Psi
    Alpha Kappa Psi
    ΑΚΨ is the oldest and largest professional business fraternity. The Alpha Kappa Psi Fraternity was founded on October 5, 1904 at New York University, and was incorporated on May 20, 1905...

  • Beta Alpha Psi
    Beta Alpha Psi
    ΒΑΨ is a national honors business organization for highly successful accounting, finance and information systems students and professionals. It was founded on February 12, 1919 at the University of Illinois at Urbana-Champaign and is currently headquartered in Durham, North Carolina...

  • Beta Gamma Sigma
    Beta Gamma Sigma
    Beta Gamma Sigma or ΒΓΣ is an honor society for business students and scholars. Founded in 1913 at the University of Wisconsin, it has over 650,000 members, selected from over 500 chapters in AACSB-accredited business schools...

  • Economics Club
  • Omicron Delta Epsilon
    Omicron Delta Epsilon
    Omicron Delta Epsilon is an international honor society in the field of economics. Resulting from the merger of Omicron Delta Gamma and Omicron Chi Epsilon, ODE was founded in 1963 . Its board of trustees includes well-known economists such as Robert Lucas, Kenneth Arrow, and Robert Solow...

     International Economics Honor Society
  • Financial Management Association International
  • Pi Sigma Epsilon
    Pi Sigma Epsilon
    'ΠΣΕ ' is the only national, professional fraternal organization in sales, marketing, and management in the United States. The fraternity was developed by four members of the Sales and Marketing Executives association of Atlanta, Georgia...

  • Society for Human Resource Management
    Society for Human Resource Management
    The Society for Human Resource Management is a professional human resources association headquartered in Alexandria, Virginia. The largest such association in its field, SHRM promotes the role of HR as a profession and provides education, certification, and networking to its members while lobbying...

     (SHRM)
  • Student Entrepreneurial Enterprise Development (SEED)

Rankings

BusinessWeek
BusinessWeek
Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

 has evaluated schools all across the nation and recently in the category of best part-time MBA programs the Martha and Spencer Love School of Business was ranked #1 in North Carolina, #1 in the south, and #6 in the country. This was ranked on several factor which was most dependent on student feedback in the form of surveys that were administered to contending schools.

Princeton Review’s Best 301 Business Schools (2010 edition) ranked Martha and Spencer Love School of Business 5th for Best Administered MBA Program. The deciding factors for this decision were based on data given by the school and surveyed business students across the nation.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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