Public Notification of Accreditation
Carroll College has received specialized accreditation for its business programs through the International Assembly for Collegiate Business Education (IACBE) located at 11374 Strang Line Road in Lenexa, Kansas, USA. The business programs in the following degrees are accredited by the IACBE:
- Bachelor of Arts with major in Accounting
- Bachelor of Arts with major in Finance
- Bachelor of Arts with major in Business Administration - concentrations in economics, international business, management, and marketing.
2014-2015 Public Disclosure of Student Learning Assessment Results
Download the 2014-2015 Public Disclosure of Student Learning Assessment Results.
On the 2014-2015 assessment exam, Carroll College accounting students scored 17-29% higher than students at peer institutions.
On the 2012-2013 assessment exam, Carroll College business students scored 30% higher on business ethics than students at peer institutions.
Mission of the Carroll Business Department
Consistent with Carroll College’s dual goals of vocation and enlightenment, the Department of Business also serves a dual mission. Students are provided a common body of knowledge necessary for entry into a business-related career or enrollment in graduate studies. At the same time, the curriculum ensures that students receive a well-rounded liberal arts education. Value oriented discussions, including ethical dilemmas encountered in global business, are included in the curriculum.
Intended Student Learning Outcomes for Business Administration
- Students will be able to describe the skills needed by an effective manager, and apply the functions of planning, organizing, leading and controlling.
- Students will be able to understand and explain the technological forces affecting organizations.
- Explain the strategies managers use to help organizations adapt to an uncertain or turbulent environment.
- Identify steps used in managerial decision making and explain personal decision styles used by managers.
- Define important marketing terms and apply theories to case studies.
- Identify competitive & economic forces that affect organizations’ ability to compete and customers’ ability to purchase products.
- Define and describe the role of social responsibility and ethics in improving marketing performance.
- Describe the emerging borderless world and some issues of particular concern for today’s managers.
- Indicate how dissimilarities in the economic, sociocultural, and legal political environments throughout the world can affect business operations.
- Students will demonstrate knowledge of the economic environment of business.
Intended Student Learning Outcomes for Finance
- Students will demonstrate knowledge of the key foundational concepts in finance.
- Students will be able to calculate the cost of capital and explain the various components that impact the cost of capital.
- Students will be able to demonstrate an understanding of the terminology commonly used in the stock market.
- Students will be able to explain what impact financial decisions have at both the individual and business level.
Intended Student Learning Outcomes for Accounting
- Develop accurate knowledge about the accounting profession.
- Be able to explain the accounting cycle and prepare financial records.
- Describe the professional responsibilities and conduct of accountants/auditors.
- Understand the nature and purpose of auditing and the auditor’s report.
- Recognize situations which will result in tax consequences and perform tax calculations.
- Develop skills in budgeting, determining cost of products, and time value of money analysis.