Business

You are here


Wall Street 101

Body: 
  Camp Wall Street 101 – Student Edition Delaware State University’s College of Business, through the Delaware Center for Enterprise Development (DCED), offers a one week day camp for students entering grades 9 through 12 who are interested in learning about finance and the stock market. Camp Wall Street 101 will be held on Delaware State University’s Dover Campus during the first week in August with a capacity for 30 students. Campers will spend the week in the College of Business Financial Network Trading Room, learning the basics about financial management from DSU professors and/or other trained professionals in the finance field. The students will take a field trip to reinforce their learning experience either to the Bank of America Heritage Center, a stock market, or other appropriate financial institution.    DSU’s Financial Network Trading Room, one of three in HBCUs (Historically Black Colleges and Universities), replicates a real-world trading experience and functions as a laboratory and classroom.   Televisions offer access to live coverage of financial news and real-time tickers and stock boards provide students with the latest financial information. Each of the 20 dual-monitor workstations in the Trading Room is equipped with software needed for finance-related activities.    Camp Activities The various activities of Camp Wall Street 101 will give students an excellent overview of financial markets and how they function. They’ll have the opportunity to: Trade and compete in simulated financial markets Learn about time value of money, portfolio theory, and how to use a spreadsheet as well as interpret financial statements Study market efficiency Build models to analyze and value securities Use the tools of Wall Street (including such tools as Investopedia.com and finance.yahoo.com) Learn statistical, behavioral and other financial insights from games of chance Assemble the building blocks of financial analysis Construct and optimize portfolios Experience college life and interact with members of the DSU student body and College of Business faculty and staff, and Gain valuable mathematics and business knowledge that is aligned with state curriculum guidelines. Each day will feature a simulated trading exercise. Morning sessions will run from 9:00 a.m.–12:00 p.m. Afternoon sessions will run from 1:00–3:00 p.m. Families will be invited to Friday's close-out activities. Camp Wall Street 101 – Teacher Edition The Teacher Edition of Camp Wall Street 101 is a training class for up to 20 teachers at the middle and high school level who are teaching business, finance and marketing related subjects and want to incorporate the Stock Market Game® or other simulated portfolio management project into their curriculum. It is intended to provide in-service hours for the participating teachers with the Delaware Department of Education (DOE) approval and support. The curriculum was developed to ensure that it meets the needs of teachers and their schools. Teachers will spend two/three evenings or one Saturday in the College of Business Trading Room, learning the basics about financial management and trading from DSU professors and/or other trained professionals in the finance field, who will use the Trading Room to provide instruction. While teachers may instruct via the Stock Market Game in their business, finance and/or banking classes at vocational-technical schools or in economics classes, the level of support for this instruction does not include in-depth training or experiential education with actual market information. This type of training is unique to DSU.    This innovative in-service opportunity is designed for teachers who instruct middle school and/or high school students interested in the stock market or financial careers, especially those who teach the Stock Market Game® or have other financial simulations in their classrooms. The in-service opportunity will provide teachers in-depth exposure to what’s happening on Wall Street. It will give them an enhanced understanding of the world of finance and help them to be more effective teachers.    Wall Street 101 – Saturday Academy Delaware State University’s College of Business, through the Delaware Center for Enterprise Development (DCED), offers the Wall Street 101 Saturday Academy. The Academy will be an enrichment experience for middle school youth to gain knowledge about the financial markets and will be held on Delaware State University’s Dover and Wilmington Campus or other community locations. Participants will learn the basics about financial management from DSU faculty or other trained finance professionals.    Academy Activities The various activities of the Wall Street 101 Academy will give students an excellent overview of financial markets and how they function. Academy students will be trained with the curriculum developed for Camp Wall Street participants and will have a field trip to an appropriate financial institution scheduled for a date during the school year. Camp Wall Street Brochure

Small Business Consulting

Body: 
Small Business Consulting DCED provides consulting services to aspiring entrepreneurs and small business owners. This technical assistance is provided to individuals who need guidance and expertise to start and grow their business ventures. Information is provided on a host of topics including: business plan development, understanding financial statements, and loan package preparation. FREE One-on-One Business Consulting Examine Business Problems  Develop Practical Solutions Assist with Business Plan Development  

Food Business Incubator Center

Body: 
  The mission of the Food Business Incubator Center (FBIC) is to nurture, support, and sustain food and agricultural industries in the Delaware region by providing business and technical training, resources for product and process evaluation and incubation, and a trusted source for information and guidance. The kitchen incubator at Delaware State University (DSU) is managed by the Delaware Center for Enterprise Development in collaboration with the Department of Hospitality and Tourism Management (HTM). The commercial kitchen incubator is located in the Bank of America Building on DSU's Dover, Delaware campus. The incubator provides a low-cost commercial and licensed facility that can be used by food producers. Incubator tenants will time-share space according to the amount of time needed while saving considerable expense over equipping their own kitchens. The FBIC provides low-cost kitchen facilities that can be used to produce food items for business. The commercial, licensed and certified kitchen is available by appointment and provides dry and cold storage, on-site assistance and access to computers, printers, fax, copier and a variety of office equipment. If you would like additional information about the kitchen incubator, please contact Audrey Scott Hynson, Incubator Manager at (302)857-6951.

Success Stories

Body: 
FBIC Helps Businesses Succeed! The Delaware Center for Enterprise Development’s Food Business Incubator Center (FBIC) provides services to start up food businesses to help them to grow into successful businesses.  Many clients come to the Center with an idea, unwavering passion, and a willingness to take a risk. That is a perfect description of Mageline Kelly, owner of Mageline’s Confiserie who now manages and operates a very successful high-end pastry business.   “DCED helped me.  They gave me the guidelines on how to start my business in the right way. They enrolled me in their free food safety training (ServSafe®) class. I wanted to learn everything the right way.  They gave me the confidence to go out there and know that I have a good product.  They told me how to do a business plan, which I knew nothing about and now, after traveling to Paris for training from renowned experts, I am running a very successful business.  I use the FBIC commercial kitchen at least twice a month to make my beautiful and delicious Macaroons I am living in my passion and my business has prospered. I am so glad the people at DCED believed in my dream and were able to help me!” Mageline has been a FBIC client since 2010. Mageline is kneeling beside Chef Ollive Christien in Paris France Mageline’s First Display in Dover, Delaware   Chef Stephanie G Chef Stephanie G & Company serves  Greater Philadelphia, DE, NJ & MD. She is the sole owner of Twice The Spice Caterers, Twice The Spice Personal Chef Service & Twice The Spice Heat & Serve.  Stephanie operates a high demand business.  She is able to meet her demand by using the low-cost commercial licensed kitchen for her Kent County clients.   She is certified in food safety training (ServSafe®). Chef Stephanie and was  honored as the 2nd runner up for the best business plan in City of Wilmington Delaware’s Small Business Success Series program.  Stephanie is coached by the DCED FBIC staff in making many of her critical business decisions. Every month she expresses her passion through her remarkable website which classically highlights her specialties (see samples below). Visit Chef Stephanie G’s  website at www.twicethespicecaterers.com   The FBIC is available to help your business grow.  We provide training, business education, workshops, seminars, one-on-one consultations and a commercial licensed kitchen.  FBIC also provided demonstrations in food safety and in canning fruits and vegetables for value-added producers and farmers.  Contact the FBIC at 302.857.6951 to start and grow your food business.
Leftbar: 

Business Economics

Body: 
Welcome Welcome to the homepage of the business economics concentration. Here we have provided you with information that you will find helpful in learning about the exciting field of economics. In addition, the information on this page will help you determine whether economics is the right major for you.  If, after reviewing the information on this page, you have additional questions, please feel free to contact us.  We will be happy to assist you in any way that we can as you make the very important decision of choosing your major field of study. What is economics? Economics is sometimes referred to as the queen of the social sciences. Economists are the only social scientists who are awarded the Nobel Prize each year for their contributions to the body of social science knowledge. To see the wide range of issues to which economists have applied economic principles, take a look at the contributions of Economists who have won the Nobel Prize. An understanding of economics is also necessary for successfully completing studies in business disciplines such as finance, marketing and strategic management. Finally, statistical studies have shown that students who complete an undergraduate degree in economics are well prepared to enter law school. One study found that the average Law School Admissions Test (LSAT) scores of economics majors ranked first among 15 different majors. In another study, economics majors ranked third among 29 different majors. What you must do to successfully complete the degree program in economics To successfully complete the degree program in economics, you must develop the skills to think logically, utilize quantitative tools to analyze data  and communicate clearly, both verbally and in writing. See the AEA website for further information about the skills that you will need to succeed in the field of economics.  The curriculum sheet contains the exact list of courses that you must complete to earn the degree in business economics at Delaware State University. The course descriptions site describes the content of each of the economics courses that you must complete.   Economics is a challenging major, but we think that you will find it to be an exciting one as well. As you work your way through the program, we are here to help you, especially on those occasions when may feel discouraged. What do economists do? If you are successful in earning an undergraduate degree in economics, there will be many employment opportunities available to you.  With an undergraduate degree in economics, you will be well-qualified to pursue a career in many different occupations with private for-profit firms, as well as with the government and nonprofit organizations. You will also be prepared to pursue graduate studies in economics, business or enter law school. For more information about the types of careers available, click on the careers tab on the AEA website. The Famous Economics Majors page contains a list of famous people who earned an undergraduate degree in economics. By reviewing this list you will see the wide range of careers that economics majors have pursued. Finally, to learn about the employment outlook and earnings for people trained as economists see the Occupational Outlook Handbook. To see the types of careers that economics majors who graduated from Delaware State University have pursued, see Where are our graduates?   How much do economists earn? The average starting salary in 2012-13 for graduates with a bachelor’s degree in economics and no experience was $48,500. To see how this salary compares to the salaries of other majors go to the AEA website, click on the careers tab and scroll down to career earnings.  
Rightbar: 

 

Economics Faculty:

Dr. Richard Bieker
Dr. Michael Casson
Dr. Jan Christopher
Dr. Rachel Mathers

 

Master of Business Administration (MBA)

Body: 
Program Outline The MBA program comprises 36 credits for the general MBA degree including thirty (30) credits of mandatory core courses and six (6) credits of elective courses, of which a minimum of 27 must be taken at DSU. The MBA program requires 39 credits for students earning a concentration with their degree, thirty (30) credits of core courses and nine (9) credits of elective courses in their field of concentration. Appropriately-qualified students may petition for a waiver or test out of prerequisite or CBK (Common Body of Knowledge) courses up to a maximum of eighteen (18) credits. To request a waiver for a course the student must have taken the equivalent course(s) at DSU or another accredited institution with a grade of ‘B’ or better; to test out of a course a student must successfully take and pass a comprehensive test in that course developed by the College of Business faculty or, alternately, take and pass an equivalent CLEP test.  Students seeking additional information on waiving or testing out of a course should contact the MBA Program Director at 302-857-6978. Prerequisites (Common Body of Knowledge, if needed) Credits Accounting Foundations (MBA 501) Economics Foundations (MBA 502) Finance Foundations   (MBA 503) MIS Foundations (MBA 504) Marketing Foundations (MBA 505) Quantitative Methods Foundations (MBA 506)  3  3  3  3  3  3     Required (Core) Courses Credits Information and Technology Management (MBA 600) Economics for Managerial Decision-Making (MBA 601) Marketing Management (MBA 602) Accounting for Decision Making (MBA 603) Financial Management (MBA 604) Organizational Leadership and Behavior (MBA 605) Business Law and Ethics (MBA 619) Operations Analysis and Management (MBA 620) International Management (MBA 625) Applied Strategic Management (Capstone – MBA 616)*   3  3  3  3  3  3  3  3  3  3 Total Required Credit Hours 30 (*Prerequisite for MBA 616: Completion of all core course requirements)   Elective Courses Required of all students Two Electives  (Six Credit Hours) required for general MBA Three Electives from the specific area (Nine Credit Hours) required for a Concentration    6  9 Finance Concentration Financial Statement Analysis (MBA 617) Investments and Portfolio Management (MBA 641) Domestic and Global Financial Markets and Institutions (MBA 643) Economic and Financial Environment of Business (MBA 645) Information Systems Concentration Strategic Information Systems (MBA 631) Managing Electronic Commerce (MBA 632) Topics in Information Systems (MBA 633) Supply Chain Management (MBA 651) Project Management Concentration Project Risk Management (MBA 621) Project Management Methodology (MBA 622) Program and Portfolio Management (MBA 623) Aviation Management Airport Operations Planning and Management (MBA 661) The International Air Transportation System (MBA 662) Aviation Safety and Crew Resource Management (MBA 663) Aviation Security (MBA 664)

Internet Resource Links for Delaware Entrepreneurs

Body: 
All Business.com: Champions of Small Biz www.allbusiness.com American Express Small Business Network www.americanexpress.com/smallbusiness Association for Enterprise Opportunity www.microenterpriseworks.org Benchnet – The Benchmarking Exchange www.benchnet.com Best Business Cards 2014 www.thesimpledollar.com/best-business-credit-cards Bloomberg Financial Markets www.bloomberg.com Bplans.com – The Planning People www.bplans.com Business Week Online: Small Business www.businessweek.com/smallbiz Central Delaware Chamber of Commerce www.cdcc.net CEO Express: The Executives' Internet www.ceoexpress.com Children and Families First www.cffde.org Coalition of Organizations for DE Entrepreneurship www.delawarecode.org Core Four® Business Planning www.entrepreneurfund.org Count-Me-In www.count-me-in.org Delaware Center for Enterprise Development www.desu.edu/dced Delaware Division of Corporations corp.delaware.gov/ Delaware Division of Libraries www.lib.de.us Delaware Economic Development Office www.DEDO.Delaware.gov Delaware Money School www.delawaremoneyschool.com Delaware State Chamber of Commerce www.dscc.com Division of Revenue www.state.de.us/revenue Dow Jones www.dowjones.com Ecommerce University ecommerce.shopify.com/guides/businessplan EntreWorld: A World of Resources for Ent. www.entreworld.org EWeb Eweb.slu.edu/default.htm Fambiz.com www.fambiz.com First State Community Loan Fund www.firststateloan.org Forbes Small Business Center www.forbes.com/smallbusiness GovCon www.govcon.com Idea Café www.ideacafe.com Inc. www.inc.com Microsoft Smallbiz www.microsoft.com/smallbusiness Mind Tools www.mindtools.com More Business www.morebusiness.com My Own Business™ www.myownbusiness.org National Assoc. for Female Execs. (NAFE) www.nafe.com National Women's Business Council www.nwbc.gov Patent & Trademark Office Home Page www.uspto.gov Small Business Administration www.sba.gov SBA Office of Advocacy – Research & Stats www.sba.gov/ADVO/stats Service Corps of Retired Executives (SCORE) www.score.org Small & Home Based Business Links www.bizoffice.com Small Business Development Center www.asbdc.org Small Business Innovation Research Awards fundedresearch.cos.com/SBIR State Chamber of Commerce www.dscc.com Strategic Business Planning Company www.bizplan.com The Business Forum Online www.businessforum.com The Entrepreneur's Mind www.benlore.com U.S. Business Advisor www.business.gov U.S. Census Bureau www.census.gov U.S. Dept. of Ag. - Rural Development www.rurdev.usda.gov U.S. Treasury Department www.treas.gov YEO Young Entrepreneurs' Organization www.yeo.org YWCA Center for Women’s Entrepreneurship www.ywcade.org This list has been compiled as a resource. The Delaware Center for Enterprise Development neither endorses nor recommends these sites.

Youth Entrepreneurs in Training (JET) Program

Body: 
JET Program JET, Junior Entrepreneurs in Training, is an entrepreneurial awareness and skills enhancement program for students enrolled in various Delaware public schools and who are members of local community centers. The JET Program addresses the need to provide youth the opportunity to learn about entrepreneurship; to teach youth basic concepts and skills required for entrepreneurship; and to help youth understand the relationship between academic subjects and the practical world of entrepreneurship. The program which has a two dimensional focus on entrepreneurial awareness and skills development is designed to provide exposure, inspire entrepreneurial initiative, plant seeds for the future, affect behavior, and provide opportunities as well as increased career options for students. The JET Summer Camp is a 2-week youth entrepreneurship day camp designed to inspire up to 30 middle school youth, primarily from low- to moderate-income households, to consider entrepreneurship as an option. This provides an active learning environment and a positive alternative to unsupervised summer activities. The camp is held on the DSU campus and transportation and meals are provided. The curriculum used is from the Kauffman Foundation and the National Foundation for Teaching Entrepreneurship (NFTE) and is taught by a DCED team member or other trained facilitator.  If you are interested in starting a JET class, please contact Audrey Scott Hynson at (302) 857-6951.  JET Program Summary                            JET Summer Camp Application        

Food Business Incubator Center

Body: 
  The mission of the Food Business Incubator Center (FBIC) is to nurture, support, and sustain food and agricultural industries in the Delaware region by providing business and technical training, resources for product and process evaluation and incubation, and a trusted source for information and guidance. The kitchen incubator at Delaware State University (DSU) is managed by the Delaware Center for Enterprise Development in collaboration with the Department of Hospitality and Tourism Management (HTM). The commercial kitchen incubator is located in the Bank of America Building on DSU's Dover, Delaware campus. The incubator provides a low-cost commercial and licensed facility that can be used by food producers. Incubator tenants will time-share space according to the amount of time needed while saving considerable expense over equipping their own kitchens. The FBIC provides low-cost kitchen facilities that can be used to produce food items for business. The commercial, licensed and certified kitchen is available by appointment and provides dry and cold storage, on-site assistance and access to computers, printers, fax, copier and a variety of office equipment. If you would like additional information about the kitchen incubator, please contact Audrey Scott Hynson, Incubator Manager at (302)857-6943.

Accounting Curriculum

Body: 
    Freshman Fall Semester Freshman Spring Semester Course Course Name Cr Course Course Name Cr 41-191 University Seminar I ^ 1 41-192 University Seminar II ^ 1 25-121 College Algebra ^ 3 25-125 Finite Math^ 3 16-100 Lifetime Fitness & Wellness^ 2 52-105 Microcomputer Applications 3 01-101 English Composition I ^ 3 01-102 English Composition II ^ 3 xx-xxx Natural Science Elective # 3 xx-xxx Social Science Elective# 3 34-xxx History Elective # 3 xx-xxx Foreign Language I ^ 3               Total Credits 15   Total Credits 16 Sophomore Fall Semester Sophomore Spring Semester Course Course Name Cr Course Course Name Cr 01-xxx Literature Elective # 3 xx-xxx Arts/Humanities Elective # 3 xx-xxx Foreign Language II ^ 3 41-205 Management Processes 4 42-201 Accounting I 3 42-202 Accounting II 3 25-225 Calculus for Business ^ 3 41-208 Intro to Statistics 3 40-201 Macroeconomics 3 40-202 Microeconomics 3 41-255 Professional Development I 1                     Total Credits 16   Total Credits 16 Junior Fall Semester Junior Spring Semester Course Course Name Cr Course Course Name Cr 31-395 Global Societies ^ 3 01-200 Speech ^ 3 43-300 Managerial Finance 3 42-302 Legal Environment 3 42-305 Intermediate Accounting I 3 42-306 Intermediate Accounting II 3 42-307 Cost Accounting 3 42-308 Managerial Cost Accounting 3 46-300 Principles of Marketing 3 41-201 Managerial Communications * 3       41-256 Professional Development II 1               Total Credits 15   Total Credits 16 Senior Fall Semester Senior Spring Semester Course Course Name Cr Course Course Name Cr 41-325 Organizational Behavior 3 41-445 Strategic Management ** 3 41-440 International Management 3 42-405 Accounting Information Systems 3 42-423 Auditing I 3 42-430 Advanced Accounting 3 42-311 Individual Taxation 3 42-427 Governmental Accounting 3 42-402 Business Law 3 42-xxx Accounting Elective 3               Total Credits 15   Total Credits 15 ^ Must receive a “C” or better in all COB courses and all courses marked with a “^” # See catalog for acceptable electives, 1 course must cover African American Experience *Writing Intensive **Senior Capstone in College of Business Total Credits: 124

Pages