School of Accounting
The School of Accounting strives to attract quality individuals and to prepare them for successful professional accounting and business careers by providing them with innovative, high quality, business-connected accounting programs. Accounting has long been known as the international language of business and accounting majors from Central Michigan University graduate with the requisite knowledge and experiences needed to succeed in almost every aspect of the business world.
Business Information Systems
The Business Information Systems Department houses a master’s degree in Information Systems, an undergraduate major in Information Systems, a General Business major with a Health Services concentration, and an Applied Business Practices minor.
Information Systems (IS) is the study of how organizations utilize people, processes, and technology to effectively manage information. IS students learn business management and problem-solving skills that are highly valued by employers. IS graduates use these skills to provide a critical link between an organization’s business functions and its technical support staff.
General Business majors with a health concentration receive a solid background in business with a focus to applying those skills in health management and services. Applied Business Practices minors developing pathways to success in business by making connections and building relationships through effective communication, collaborative technologies, and social media in professional settings.
Economics is the study of how societies satisfy their many material wants with scarce resources. It applies to both societies as a whole (macroeconomics) and individuals as consumers, managers, workers, voters and household members (microeconomics).
Every student will be challenged to identify problems, formulate alternative solutions and decide which option will best serve the goals of the decision-maker. The emphasis on analytical thinking and decision making creates a wide variety of employment opportunities and allow students to successfully compete in a constantly changing labor market.
A recent study from WealthInsight found that Economics was the third most popular undergraduate major for the world's millionaires and the fourth most popular graduate degree among this successful group.
CMU students in our undergraduate entrepreneurship program learn to identify and assess opportunities; develop viable business models; and communicate their entrepreneurial plans. In addition to gaining a knowledge of traditional business subjects, students acquire information and skills that are critical to start new businesses; launch new ventures within existing organizations; and lead other entrepreneurial and “intrapreneurial” initiatives.
Students in our Master of Entrepreneurial Transactions program also study core entrepreneurial and business concepts, including preparation of an investor pitch and executive summary. Building on this foundation, they master the business, legal and tactical issues surrounding entrepreneurial transactions. These transactions include: forming new business entities; building and entrepreneurial teams; raising capital; identifying and protecting intellectual property; managing growth and risks; and harvesting economic gains.
The Isabella Bank Institute for Entrepreneurship enhances CMU students’ academic skills with experiential opportunities, such as the New Venture Competition; provides access to resources; and fosters interdisciplinary collaboration to create a new generation of entrepreneurs.
Finance and Law
Finance is the process where consumers, businesses, and governments raise funds from investors to make purchases or conduct operations. Financial institutions such as commercial banks, investment banks, and savings and loans help to facilitate the transfer from savers to borrowers. The three main areas of finance are corporate finance, investments, and banking. Insurance and real estate are also part of finance.
The Department of Management offers innovative, rigorous and top quality programs for a variety of career opportunities in the areas of General Management, Human Resource Management, International Business, and Supply Chain Management. The Department of Management strives to prepare our students for the challenges of efficient and effective decision making in the global economy.
Marketing and Hospitality Services Administration
The Marketing and Hospitality Services Administration Department offers programs in three areas, Marketing, Logistics and Hospitality. Marketing teaches students how to develop and implement strategies that help organizations attract and retain customers. Logistics teaches students how to manage the movement and placement of goods in an effective and efficient manner - from their sources of supply to delivery to the final consumer. Hospitality prepares students for a career in hotel, restaurant management and other segments of one of the world's largest industries - travel and tourism.