Originally Published: February 16, 2018 5:53 a.m.
Embry-Riddle Aeronautical University’s Prescott campus officially opened its new School of Business at a party on Thursday, Feb. 1.
Campus and community members attended the event, and the university’s president, Dr. P. Barry Butler, commemorated the new program on Friday, Feb. 9.
“This is truly an exciting and transformative time,” said Dr. Thomas Drape, interim chair of the new school. “With Embry-Riddle’s elevation of our department to a Business School, the University is confirming its commitment and dedication to our outstanding business students, our amazing faculty and to our strategic initiatives for future growth and development.”
Four core business programs will initially be offered in the new school of business:
• B.S. in aviation business administration, with six concentration options, including supply-chain management in aviation and aerospace;
• B.S. in business administration, with three concentration options (management, accounting or finance);
• B.S. in forensic accounting and fraud examination;
• B.S. in global business, with three concentration options (language and culture, management, or aviation/aerospace)
The newest program, forensic accounting and fraud examination, blends a strong accounting foundation with fraud-detection classes, including personality, profiling, deception and cyber forensics.
Embry-Riddle Prescott’s B.S. in aviation business administration is the only program of its kind accredited by the Aviation Accreditation Board International. The Global Business program integrates a global supply chain focus with opportunities for study abroad and internships throughout the world, including Morocco, Hong Kong, Germany, Spain and China.
“Other institutions have management degrees, but we offer the full suite of business courses —accounting, marketing, finance, information systems, and economics — that one expects from a business school,” Drape said. “This is another reason why our three-year employment average is very strong, with 90 percent of our graduates gaining employment or graduate school acceptance within one year of graduation.”
Further benefiting students are Embry-Riddle’s reputation and legacy industry relationships, the school said in a press release.
Recently, The Boeing Company selected the ERAU’s school of business as a “focus” school for recruiting students pursuing careers in supply-chain management.
In a capstone experience offered by the school, all graduating business students work closely and independently with public-sector and private-sector clients from around the world.
“Our faculty-mentored student-consulting projects provide a wonderful advantage for our school of business students,” Drape added. “They learn to apply business knowledge and develop their emerging professional and entrepreneurial skills in a challenging, fulfilling, experiential learning environment led by our expert and committed faculty.
For more information about Embry-Riddle’s school of business, go to http://prescott.erau.edu/college-arts-sciences/business/index.
Information provided by Embry-Riddle Aeronautical University