ƽһФ̳ Adds New Business Specializations in High-Demand Fields
Nov 18, 2019
ƽһФ̳ Adds New Business Specializations in High-Demand Fields
Nov 18, 2019AMHERST, N.Y. – ƽһФ̳ College’s Business Administration Department has added specializations in the growing fields of social entrepreneurship and operations and supply chain management, giving students new educational opportunities in the business field.
Starting in the spring semester, the specializations will be offered to business administration majors along with the department’s other options in general business, human resource management, international business, marketing, and sport management. As with all business administration specializations, students will be required to complete an internship.
“Adding these specializations is a part of our continuing effort to enhance learning opportunities and expand career options for our students,” said Dr. Sharlene Buszka, chair of business administration. “These specializations are tailored to meet the particular skills required for the growing number of social enterprises being developed and to help meet the demand for operations management professionals.”
Social entrepreneurs develop solutions to social, cultural, and environmental issues through their businesses. In ƽһФ̳’s specialization, students will develop a solid business foundation in management, accounting and finance, marketing, and economics. The five-course specialization will cover social entrepreneurship, sustainable business practices, grants and contract development, and nonprofit management. Students will also be encouraged to take an entrepreneurship or sustainability minor, which are designed for all majors and career paths.
Buskza noted the specialization was created in response to heightened student interest in solving social issues as entrepreneurs by using a business approach that is sustainable and has a successful revenue management strategy.
According to a report on social entrepreneurship worldwide released by the Global Entrepreneurship Monitor, the United States is among the nations with the highest level of social entrepreneurial activity. Also, in the State of Social Enterprise Survey 2015, social enterprises grew 40 percent more compared to small- to medium-sized businesses.
“The social entrepreneurship specialization has great potential for social good, job creation, and economic benefit while also help meet a growing demand in the business field,” said Buszka.
For the operations and supply chain management (OSCM) specialization, students will be prepared to manage an organization’s production and delivery of goods and services by focusing on policies, daily operations and workflow, managing inventory, and matching the design of the production system with the organization’s strategy. As part of this, supply chain management, which is a part of operations management, will train students on working with o