Martha and Spencer Love School of Business


The Martha and Spencer Love School of Business is part of Elon University in Elon, North Carolina. The undergraduate school offers degrees in Bachelor of Science in Accounting, the Bachelor of Science in Business Administration, and the Bachelor of Arts in Economics. Minors are also offered in Accounting, Business Administration and Economics. The school offers concentrations in Entrepreneurship, Healthcare Administration, Human Resources, International Business, Leadership/Management, Marketing, and Supply Chain Management. The graduate school offers a Master of Business Administration. Its goal is to provide a general background for students in managing business assets.

History

Spencer Love earned an Honorary Law Degree in 1951 from Elon University. The Martha and Spencer Love School of Business was established in 1985 when the first $1 million donation was made to Elon University. It was originally located in the Long Building, but was moved to Koury Business Center, which was completed in 2007. The Koury Business Center, home to the Martha and Spencer Love School of Business, is a $10 million facility with the latest technology.

Approval

The Martha and Spencer Love School of Business was approved by AACSB in 2004.

Departments

Accounting

This department teaches students how to measure business activities and communicate this information to investors, creditors, and other decision makers who use it to make strategic and informed financial decisions.

Economics

Students are taught that the economic climate is always changing, what causes these changes, and predict how consumer behavior will alter over a period of time.

Finance

Students acquire an informed background in basic financial principles and practices required in negotiations between business professionals.

Management

This program focuses on teaching students the skills of managing people and processes in small and large business organizations.

Marketing and Entrepreneurship

This department focuses on building a foundation in the traditional arts and sciences through hands-on learning and development of ethic principles.

Degree programs

Business Fellows Program

Students work with other Business Fellows on a student-run financial services program that manages part of the Elon endowment and receive experience in the national and global business world through internships with major companies and other opportunities. Business Fellows also complete a study abroad experience in their freshman year.

Chandler Family Professional Sales Center

Students practice professional selling and sales management through instruction by experienced sales executives and research in sales.

Doherty Center for Entrepreneurial Leadership

Students learn through experience in entrepreneurial thinking.

William Gerrard Reed Finance Center

This program provides students with the opportunity to follow stock, bond, futures, currency, and options markets and actively participate in them.

New York Program

This program is for rising juniors and seniors to experience life and work in the real world in New York City.

LSB Summer Business Institute

This program offers juniors, seniors, and new graduates in non-business majors to practice and improve their skills in marketing.

PRME: Principles for Responsible Management and Education

This program engages an international group of institutions, including Elon, to "encourage social responsibility in the creation of a sustainable global economy".

Student organizations

In 2013, BusinessWeek evaluated graduate business schools across the nation and, in the category of part-time MBA programs, the Martha and Spencer Love School of Business was ranked 1st in North Carolina, 1st in the Southeast, and 5th in the United States.
In 2014, Princeton Review's Best 301 Business Schools ranked Martha and Spencer Love School of Business 2nd in the United States for Best Administered MBA Program.