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Business Administration

Elon Musk, the founder of Tesla and one of the most successful (and controversial) business people in the world said, “If you're trying to create a company, it's like baking a cake. You have to have all the ingredients in the right proportion.” But what are those ingredients? And what’s the recipe for success in the world of business?

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Why McDaniel for Business Administration?

As a McDaniel Business major, you’ll have access to a team of professors and a whole catalog of courses and extracurricular opportunities that will help you answer these questions. And after four years of focus and exploration, you’ll be prepared to enter the business world with confidence and a sense of purpose—whether you want to start your own company, work in a well-established one, or head off to continue your studies by pursuing a master’s degree.

Business Administration majors are encouraged to select one of five focus areas, composed of specific courses to hone your expertise:

1. Entrepreneurship

2. Finance

3. International Business

4. Leadership and Management

5. Marketing

McDaniel Business graduates are ready for both graduate school and employment opportunities. McDaniel Business graduates go on to find success in many fields and industries of all stripes: in banking, insurance, manufacturing; or on to professional careers in law, business, accounting, and economics; or in government work at different types of agencies and departments (like the IRS, NSA, or the Department of Labor).

Futures Of All Types

Students have recently found employment at companies like:

  • T. Rowe Price
  • Amazon
  • Baltimore Ravens
  • Flying Dog Brewery
  • Wells Fargo Financial
  • Scientific Games Corporation
  • Verizon Communications, Inc.

Graduate School Partnerships

McDaniel undergraduate students who decide to pursue these new degree options would apply in their junior year and would complete two graduate courses during their senior year.

Johns Hopkins Carey Business School 4+1 Program Provides Option to earn Joint Degree

Through a collaboration with Johns Hopkins Carey Business School, McDaniel students have the opportunity to earn a combined bachelor’s and master’s degree from both institutions.

Photo courtesy of Johns Hopkins Carey Business School.

Investment Strategy Institute-2

Duquesne’s Palumbo-Donahue School of Business Preferred Admission to Four Master’s Degree Programs

McDaniel College and Duquesne University have formed a new partnership that gives McDaniel undergraduate students in the Economics and Business Administration department, as well as eligible alumni, preferred admission to four master’s degree programs at Duquesne’s Palumbo-Donahue School of Business.

Photo courtesy of Duquesne University Palumbo-Donahue School of Business.

Distinctive Courses

ECO 1104 - Economic Issues and Policy

Exploration of the contributions made by economic theory towards understanding and solving major policy issues of our times. The principles of microeconomics and macroeconomics are studied and applied to such timely topics as the environment, health care, international trade, the minimum wage, and a variety of similarly critical issues. Student interest will play a role in topic selection.

BUA 2216 - Small Business Management

An introduction to the management of a small business. The course begins by addressing macro issues, such as social responsibility, ethics, and strategic planning. The course then provides an in depth examination of the essential facets of managing a small enterprise, such as the business plan, accounting records and financial statements, small business finance, the legal environment, marketing, pricing, promotion, human resources, and operations management.

COM 3220 - Intercultural Communication

This course presents an overview of current issues in communicating across cultures. The course examines how people from various ethnic, gender, generational, racial, cultural, national and religious backgrounds exchange meaning. Study will focus on many of the cultural variables in communication as well as how those variables work holistically within cultural systems. Topics include how the interaction between language,
thinking patterns and culture affect communication, the nature of culture, issues of power, verbal and nonverbal codes.

BUA 4100 - Business Strategy and Policy

A capstone seminar course for Accounting Economics and Business Administration majors that relies on the case method to provide a challenging environment in which to apply knowledge acquired in the major toward developing strategies for business success. Basic building blocks such as accounting, economics, finance, and marketing, et al are integrated in an individual as well as a team approach to problem solving, policy analysis, and strategic management.

Special Opportunities

Students presenting for Innovation Challenge.

PUT YOUR IDEAS TO THE TEST Innovation and Entrepreneurship Challenge Program in Innovation and Entrepreneurship

The Innovation and Entrepreneurship Challenge, part of the Program in Innovation and Entrepreneurship, invites students from any major to develop and pitch business plans for an innovative solution to a real world problem. On the evening of the competition, pitches are judged by a panel of real-life entrepreneurs and students get the chance to win start-up cash for their business ideas.

An employer talks to students at a job and internship fair.

Pre-Law Advising

Many McDaniel College undergraduates aspire to a career in law or civil service that makes law school a natural next step. Our close proximity to Washington D.C. provides dynamic and distinctive law-related internships, and our superior pre-law advising program ensures that you're ready for the next step. 

McDaniel College is committed to helping you pursue a legal career in three key ways: deciding if law school is the right choice for you, getting into law school,and gaining the skills to succeed in law school.

The McDaniel Commitment in Action

The McDaniel Commitment — a series of opportunities guaranteed to all students — provides enhanced mentoring and coaching, and ensures every undergraduate student completes at least two meaningful experiential learning opportunities.

Experiential Learning Senior Capstone Business, Accounting, Economics

Carly Weetman, Business and Economics major, and Andrew Roberts, Economics and Accounting major, talk about their senior capstone — their study on how the move from a Communist economy to a more privatized one affected the Tiehua artwork industry in China, as the culmination of their training at McDaniel.

Alumni Spotlight Mike McKelvin '88 A Dedicated Entrepreneur

As a student on the Hill, Mike McKelvin had no plans to return to Carroll County after graduation, but it turns out that staying local was the best decision for his family-owned businesses. With smart planning and community support, McKelvin has persevered through crises to operate successful businesses, including 1623 Brewing Company, the fifth largest brewery in Maryland.

Julia Wainwright at JP Morgan Chase on Wall Street

The View from the Top of the Hill Alumna secures spot on Wall Street two years after graduation Outstanding Outcomes

When Julia Wainwright arrived on Wall Street little more than two years after graduating from McDaniel, one of the first to congratulate her was her mentor, Rich Klitzberg ’63.

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