Mission Statement and Values
The School of Business and Economics integrates the University's technological prominence with experience-based learning to develop leaders in global business and innovation and to advance knowledge through research.
As we educate our students, we value hard work, innovation, impact, collaboration, integrity, and risk taking.
The School of Business and Economics is accredited by the Association to Advance Collegiate Schools of Business (AACSB). This organization has been evaluating the practice of business schools for over 90 years. AACSB accreditation represents the highest standard of achievement for business schools worldwide. Being AACSB-accredited means a business school is able to continuously pass a strict set of standards that are designed to ensure quality. Learn more about our AACSB Accreditation.
About the School
Originally founded in 1949 as the Department of Engineering Administration, the School of Business and Economics currently provides an AACSB accredited curriculum in six business majors and an MBA, and a degree in economics.
In alignment with the Michigan Tech Strategic Plan, the School of Business and Economics provides real world, business development experiences in our undergraduate curriculum. We work to prepare our students for a culture where technology is impacting our lives faster than ever before and where business development will be the key to our students’ success. Our students leave with the knowledge of theory and practical experience needed to succeed.
Building on the University's technological prominence, the School of Business and Economics is proud to offer our undergraduate and graduate students the education of a lifetime.
Points of Pride
Working to Create the Future
- All of our undergraduate business degrees (accounting, finance, engineering management, management, management information systems, and marketing), and our Tech MBA are accredited by the Association to Advance Collegiate Schools of Business (AACSB). Our AACSB accreditation was reaffirmed in spring of 2011.
Students in our Applied Portfolio Management Program won the 2007, 2008, 2014 annual RISE national investment competition and the 2014 GAME national investment competition in the value category, based on their actual investment results of $1.5 million of real money.
- Our students donate their time to help students and low-income community members file their income taxes each spring through the Volunteer Income Tax Assistance (VITA) program.
- Entrepreneurial students from Michigan Tech compete for $30,000 in the New Venture Competition a joint business plan competition between Michigan Tech and Central Michigan University.
- In the recent years, two of our faculty have won the University’s Distinguished Teaching Award.
Undergraduate Student Learning Goals
Per the Association to Advance Collegiate Schools of Business (AACSB), assessment of student learning is critical to the continuous improvement of our academic program. To develop a strong assessment, the School of Business and Economics established seven student learning goals all SBE undergraduates should achieve by graduation: These learning goals were designed to align with the SBE's mission statement. We emphasize direct, embedded assessment of student work in our courses. As part of our overall curriculum management, these assessment results enable us to identify opportunities to improve courses and curricula, and teaching practices.
- Critical Analysis
- Technical Competence
- Ethical Awareness
- Team Work
- Effective Communication
- Global Leadership
- Disciplinary Knowledge
MBA Student Learning Goals
1. Display of Analytical and Decision Making Skills
- Students will display knowledge of fundamental terms, concepts, theories, and research in the discipline and will apply appropriate disciplinary knowledge to analyzing the business situation.
- Students will address the important issues in their analysis
- Students will make recommendations that resolve most issues and that are possible to implement
- Students will display advanced, thought out reasoning in their analyses and recommendations.
2. Persuasive and Professional Communication of Analyses
- Students will provide advanced, thoughtful arguments that are persuasive in nature.
- Students will provide solid support for their analyses and appropriately cite this support.
- Students will communicate in a coherent, logical manner that is understandable and results in little confusion.
- Students will use correct sentence structure and word choices with very few spelling, punctuation, and grammatical mistakes.
- Students will use visually coherent communication designs (e.g., headings, figures, tables, slides, etc.) that provide appropriate emphasis.
- Students will demonstrate professional, practiced and fluent presentations with appropriate audience treatment.
MS in Accounting Student Learning Goals
1. Disciplinary Knowledge – students demonstrate a depth of knowledge in accounting, as well as a breadth of knowledge that
- enables adaptability and flexibility as knowledge grows and changes
- recognizes linkages/complementary to other areas/disciplines.
2. Communication – students will be able to communicate technical accounting issues effectively, orally, in writing, and in new media, to a wide variety of audiences.
3. Information Literacy – Students will be able to analyze the need for, strategically access, critically evaluate, and use information effectively and ethically to solve business problems.
MS in Applied Natural Resource Economics Program Objectives
1. Graduates are expected to develop specialized knowledge in the economics of natural resources and the environment.
2. Graduates are expected to develop an ability to evaluate resource projects.
3. Graduates are expected to be capable of independent analysis using appropriate research tools and will be able to effectively communicate the results of this analysis in oral and written forms.
Michigan Technological University is located in the Upper Peninsula of Michigan, an area attractive to students and faculty who thrive in a rugged and beautiful environment.
Houghton, home of the University, lies in the heart of Upper Michigan's scenic Keweenaw Peninsula. The campus overlooks the Keweenaw Waterway, a long, winding ribbon of water that divides the peninsula. Just a few miles from campus, on either end of the waterway, lies Lake Superior, the largest freshwater lake in the world by surface area.
Houghton is part of the Houghton-Hancock twin-city center of approximately 12,000 residents. The University's more than 7,000 students from many states and nations make the area a vibrant, multicultural community. Houghton is home to many exciting cultural activities, including the annual fall Parade of Nations, a celebration of the community’s diversity.
Only minutes from campus, the Tech Trails offer nearly 40 miles of well-maintained hiking, biking, skiing, and snowshoeing trails located in the six-hundred-acre recreational forest adjoining Michigan Tech's campus.