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Economics and Finance For students seeking careers in banking, securi ties, or corporate finance, a degree in economics or finance is essential. These students must possess good analytical and communications skills, said Roger Hill, chairman of the department of econom ics and finance in the Cameron School of Business Administration. This includes being able to give oral presentations and being computer literate. Classes such as intermediate price theory, money and capital markets, and principles of investments are required. Students with good grades and who are highly motivated may qualify for internships through the department. "Some of our interns have worked in commercial banking or in internal corporate fi nance. Currently, one is working with the Wilming ton Housing Authority and another is with a real estate appraisal firm," said Hill. The future of the department is exciting. "We ex pect our program to take on a more international flavor (because) all economies are now interdepen dent and are becoming more so," Hill said. A strong addition to the department will be an econo mist from Florida State who’ll begin woric at UNCW in the fall. His area of expertise is international fi nance. Roger Hill, chairman HI* Bob Appleton, chatrman 'Fhere’s an art to preparing finan cial and lax reports. Inspecting the financial rraords of individuals or businesses requires an analytical mind as well as poise and confi dence. ’'Accouulinf; la an exact science - there's no gray area. Anytime you're dealing with other people’s .financial stability you're under a grral deal of liressure/ said Bob Appleton, chair man of the dcpaitment of .irrniintan- cy and buaiims law Omemn Businnm rthirs BriiTeoc'lHl reapon sibility are strongly stressed in the accQtmling curriculum at UNCW, as well aa business law..Stud«ifA nia> joring tn accounting are ^so ex- Jn fbrecosluigrtnid- federal jncnme laxatloB, and non-proCi on^ni^lToh: IBUJCDUnt- iqg. Inteniships are;offeredr*oo, with area manuTactHren, hospitals, and county and cfty goveimcrrts- A graduate of the scIkhJ of busi.-. ness who has completed a cancen- tralion in accoqnlant^ may sit fer the CPA or OMA exanujariiiona. Jn ^ graduates who have becwne CPAs are with several firms in Wilming ton, said Appleton. Cndless job opportunities exist for accountants. "Every business needs an accountant/ said Appleton. From being a certified public accountant with a fim, to banking, to working as a corporate controller, accoun tants are in demand. "Churches, so cial clubs, charitable organizations, schools, and government - they all need accountantB," he said. In the fiiture, the Camron School Business Admiftistralion fdans to offer a fifth year oT accountancy and |MBsl)ly a de^gree. "Legisla tion hasn^ been finalised, but in three yea» il^will fHrobably be state law that anyone sitting fof the CPA must have five jreara accountancy training,* said Appleton. This is in addn[iIon to the current requiretnent:3 of 40 hours per year of con'Hnuing education courses for -CPAs. Ihe^epartnienl of accoun tancy, in conjunction with the Ofllcr of ^cial Programs, wiU offer 20 courses this summer to those wish ing to aaHsfj this requirement. ^ School of Business Administration ^^Hicipating in International Activities 1989-1990 »TIN HOWELL acted as •tant to the president of Vil- Inc., the U.S.A. divi* n 1979-1982. She worked at West Germany head- this international corpo- most business was con- ” f^iench or German. J. KEATING is 5 policy courses for the De- of Management studies at i^ersity of West Indies in Kingston, Jamaica. Dr. Keating was selected by the Fulbright Foundation based on his educational back ground and scholastic contributions to the discipline. JOHN A. MARTS of the Ac countancy and Business Law De partment spent two months in 1988 lecturing in Sichuan Province, Peo ple’s Republic of China at the invi tation of the Sichuan Education Min istry. Dr. Marts presented lectures and conducted research on interna tional taxation and western account ing at universities in Chengdu, Bai Bai, and Chongqing. L. DREW ROSEN Lecturer, presented a seminar on "Developing a Winning Service Strategy" in Santo Domingo, Dominican Republic on October 13-14, 1989. The seminar, which was attended by 67 owner/ex ecutives of service firms in the Dominican Republic and other Ca ribbean nations, addressed the prob lem of improving service operations in service-dependent economies. WILLIAM M. WADMAN Ph.D., Associate Professor of Eco nomics, was a Fulbright Professor in Santiago, Chile for one semester (1989), where he taught two gradu ate-level economics courses. In 1988, he assisted the Census Bu reau of Ecuador on a nationwide household survey. He has also woriced in Panama, Honduras, Gua temala, Peru, Ghana (West Africa), and Iran.
UNCW Today (University of North Carolina Wilmington Alumni Newsletter)
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April 1, 1990, edition 1
7
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