Management and Business Economics
[For additional information regarding the Management major, please visit the new Management Website]
The Management and Business Economics major responds to the growing needs of California’s business environment. UC Merced’s Management major provides rigorous analytical and quantitative training from a blend of fields including economics, management theory and other social sciences. Real-life management problems do not fit neatly into subject areas. Today’s managers tackle issues that involve a number of management functions—so solutions need to draw on expertise from a variety of different areas. The UC Merced approach is to step away from thinking of management as a set of separate functions drawing from single disciplines. Instead, students learn to integrate key ideas from across subject areas to understand all the dimensions of a given issue. Creativity, innovation and entrepreneurship are emphasized.
The major is based on the premise that organizations of different kinds – for-profit, non-profit, technological and governmental – require employees who are trained in analytical and quantitative decision-making, who work effectively in teams and on projects, who are comfortable in various cultures, who are “well rounded” in sciences and humanities, and who have learned the art of self-directed learning.
The Management major prepares students for a broad range of management-related careers. Students will learn the analytical tools that are needed to succeed in a modern, volatile business environment. The curriculum provides a strong foundation in economics, organization, business, finance, accounting and quantitative methods. It focuses on analysis and problem solving across a wide spectrum of management activities. The theoretical underpinning for the undergraduate program comes from economics and management science disciplines that use tools and techniques based on applied mathematics and statistics to solve problems in virtually all areas of business and government. The typical undergraduate student develops skills to build quantitative models of complex operations and competitive markets and be able to use those models to facilitate decision-making.
Program Learning Outcomes
Our faculty members work to prepare students for a holistic understanding of the knowledge and skills of the discipline. Upon completion of the degree, we expect students who major and minor in Management to demonstrate the following:
- Analyze key data and solve problems related to business management.
- Apply theories and concepts from disciplines in Management and Business Economics (e.g. accounting, economics, statistics, finance, and marketing) to business management situations.
- Use effective written and oral communication consistent with the discipline and professional environments.
- Apply information technology to develop business proposals, models, and reports, with recommendations for economics and management strategies and actions.
- Evaluate ethical, social and external issues as they relate to the organization, operations, human resources and business ventures.
Refer to the Curriculum Map to see the coherency between the Program Learning Outcomes and our course offerings.
Student graduates from our program are currently engaging in graduate studies and careers. A few of these after-college endeavors are listed below.
Student graduates from the Management program are studying in a variety of programs including the University of California campuses at Berkeley and Davis.
Student graduates from the Management program are working in a variety of professional settings including accounting companies, foundations, professional sports teams, and regional-level community organizing agencies.