Welcome to the Grace College major in financial planning. The business administration component allows for integrative study of the disciplines necessary for understanding business and the larger economic environment. Building on this foundation, the financial planning component allows for specialized, intensive study of financial planning. A biblical understanding of business permeates both components of this major.
This major develops a student’s capacity for which accurate understanding is necessary for optimal planning and action. An interdisciplinary approach across courses enhances this process. The curriculum culminates with internships, simulations and other applied learning opportunities that smooth the transition from the classroom to the workplace. A biblical understanding of business and the larger economy helps students understand that economic growth and prosperity are maximized when economic activity is organized through a decentralized, market-based approach. Given this, a proper appreciation of the free enterprise system is foundational to business education at Grace College.
Grace College has receives specialized accreditation for its business programs through the International Assembly for Collegiate Business Education (IACBE).
Examples of courses in this major:
Integrates accounting theories and concepts in the preparation and analysis of financial statements with emphasis on corporate accounting. During the two semesters, students encounter a detailed study of the balance sheet.
This course examines how the financial accounting model provides a framework for discovering and understanding the information contained in financial statements, including the footnotes to those statements. As part of this process the integrative nature of the financial accounting model is reinforced.
This course provides an overview of the structure of the federal income tax, including the tax treatment of individuals, business entities and investments. Based on this overview, tax compliance, tax planning and the role of taxes in decision making are examined.
The study of the principles of money, banking and credit with emphasis on monetary theory and policy and their role in domestic and international economics.
To acquaint the student with the principles and concepts of basic financial planning and personal finance, with both theoretical and personal application and a view toward the Certifies Financial Planner exam.
This course acquaints the student with the principles and concepts of investment theory and portfolio management. The student will be acquainted with the open market of securities and related terminology. In addition, he/she will be exposed to concepts that will prepare him or her as a corporate manager, for acquisition, and for merger analysis.
Devoted to supplying “how-to” marketing tools for the expanding service sector of the economy, this course bridges a gap between theory and application by simply and clearly presenting marketing methodologies that can assist you in marketing your service. It is built around core guiding principles including market orientation, characteristics of services, value concept. Special emphasis will be on intangibility, inseparability, variability, and perishability.
The individuals who will challenge you to learn:
B.A. in Business, Goshen College; M.B.A., Indiana University; D.B.A., Anderson University; South Bend C.P.A.
Having worked in public accounting (staff accountant), health care accounting (corporate controller), and non-profit accounting (chief financial officer), Professor Roger Stichter has a broad accounting background at various levels of responsibility. He has taught at Grace College for over 14 years. He enjoys spending time with his wife and 7 children, bicycling (he has biked from San Diego to Savannah and recently took a 750+ mile trip around Michigan), fishing, and spending time researching the lifestyle of generosity. He recently completed his D.B.A. in accounting at Anderson University.
B.A in Business Administration, Cedarville University; M.B.A., University of Baltimore; D.B.A., Cleveland State University
Dr. Fawcett serves as Dean of the School of Business and Professor of Marketing. He came to Grace College in 2011 bringing 24 years of experience in Christian higher education. Prior to beginning his teaching career he worked as a consultant in Washington, D.C. on contracts with Naval Sea Systems Command and the Federal Aviation Administration. Dr. Fawcett is very active in the Christian Business Faculty Association.
Bachelor of business Administration (B.B.A.), University of Kentucky; M.B.A., University of Cincinnati; Advanced Diploma in Management Accounting from the Chartered Institute of Management Accountants
Professor McEwan joins the Grace faculty as full-time instructor of finance in the School of Business. He previously worked at Rolls-Royce Aircraft Engines with his last position being Director of Finance Business Partnering, prior to this role he was Vice President Finance for the Helecopter Engines business and Finance Director Engineering and Technology. Mr McEwan also held finance positions at GM Military Vehicles Operation, GM Allison Transmission and at the University of Cincinnati as a teaching assistant. He has served as president of the Board of NICA ministries overseeing two missionaries in Nicaragua, as treasurer of the Woodruff Place Foundation, and was on the board of trustees at New hope Christian Church. He enjoys golf, kayaking, hiking, and cross-country skiing. Kenneth and his wife Robin have been married 31 years and have 3 children and 3 grandchildren.