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Longwood's College of Business & Economics is accredited by AACSB International, representing the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB accreditation is the hallmark of excellence in business education.
New, Modern, High-Tech Facility
Hiner Building, the home of the Longwood University College of Business and Economics, is one of the most modern, technologically equipped business school facilities in the Commonwealth of Virginia. All classrooms are equipped with the state-of-the-art technology, and students have wireless internet connectivity.
Supportive Learning Environment
With a mission of preparing students to be effective and successful business leaders, the College of Business & Economics functions as a dynamic learning partnership between faculty and students. With an average undergraduate class size of 30 - 35 students (average graduate class size of 8 - 12), faculty know students by name and challenge them to reach their full potential. Students are advised and guided by full-time faculty in their major as they fulfill degree requirements, seek internship and career opportunities, and navigate the many resources and opportunities at Longwood.
Highly Motivated Students
Longwood business seniors routinely scored at or above the 80th percentile on the Major Field Test (MFT) in business. The MFT is a standardized test administered to graduating seniors in over 300 business schools in the United States.
One-hundred percent of the economics students are required to pass the Senior Economics Exit Exam. Testing their knowledge of micro and macro economics, econometrics and forecasting, and international economics, students learn to think critically and develop the decision-making tools used in a variety of career paths.
Undergraduate students must earn admission to the business administration degree programs by completing Principle of Accounting I and II, Micro and Macro Economics, Computer Applications, and Business Statistics with at least a 2.33 overall and major GPA. Admission is also earned for the economics degree programs by completing Micro and Macro Economics, Computer Applications, Business Statistics, and one upper-level economics course with at least a 2.33 overall and major GPA.
Students can opt for a five-year bachelor's/MBA (Master of Business Administration) degree with one additional year.
MBA students complete a consulting practicum -- an on-the-job learning experience designed to provide students with an opportunity to apply their technical and professional skills. Students work in conjunction with business executives and faculty to help an organization explore and solve business issues.
Diverse And Highly Qualified Faculty
Our faculty is committed to excellence in teaching and scholarship. Students work closely with a dedicated business faculty with strong business backgrounds, close ties to outstanding business practitioners, and impressive academic credentials. With a 50-50 female/male-faculty ratio, minority and international faculty account for about 15 percent of the total faculty. Approximately 95 percent of the College of Business & Economics classes are taught by full-time faculty.
A significant enhancement to the business and economics degree programs is our highly regarded internship program. A great learning experience, this program gives students the opportunity to put theory into practice, test career goals in the workplace, and grow personally as they face real world challenges and choices. And better yet, students are finding that internships open the door to greater job opportunities. Sponsoring firms gain valuable input from enthusiastic and capable interns and also recruit future employees whose performance they have already observed in the workplace. It is a win-win proposition for all parties.
Co-sponsored by Barrett Capital Management, LLC, and SunTrust Banks, Inc., the Executive-in-Residence lecture series features some of today's most distinguished and influential business leaders sharing their insights on ethics and leadership values, global economic growth, foreign policy, responsible stewardship, peace through commerce, and what it means to be a citizen leader. Recent executives in residence include John Adams, president of The Martin Agency; Elizabeth Duke, former senior vice president and COO of TowneBank, now member of the Federal Reserve Board; Gil Minor, chairman and CEO of Owens & Minor; and Randolph Reynolds, principal of Reynolds Development.
Top Quality Advisory Boards
Our curriculum is developed and evaluated with guidance from our Corporate and Alumni Advisory Boards and other stakeholders. In addition, these Boards assist in identifying job and internship opportunities, raising funds for scholarships, recruiting new students, sponsoring the senior banquet, and identifying guest speakers.
Providing on-going advice on student and academic issues and College operations to the Dean, the Student Advisory Board works with other student organizations in sponsoring business school functions and community involvement.