Department of Business & Economics.
The Drew University Economics and Business department seeks to instill in its students a holistic understanding of the economy and the disciplines of economics and business. Our students learn to think critically, analytically, and empirically about the economy, its challenges, and its connections to the rest of society.
Drew offers numerous experiential opportunities for economics and business studies majors to help link classroom learning with the realities of business and financial life.
Students spend two days each week in New York City during this semester-long immersion in the financial markets. Mornings are spent in classes, led by corporate executives, government officials, economists and others, about the structural, historical and theoretical aspects of financial markets. Afternoons include travel to financial organizations throughout the city, ranging from the New York Stock Exchange (where students are linked with floor traders during trading hours) and Morgan Stanley, to the Federal Reserve Bank of New York and Moody’s Investors Services. Graduates of the program have gone on to land jobs at JP Morgan Chase, the SEC, Goldman Sachs, UBS, and S&P, among many other leading firms and agencies.
Students meet twice a week in New York City to study a range of non- and for profit institutions with a social mission. The program combines classroom learning with field trips, skills workshops, and a hands-on group project with an actual non-profit organization. The field trips include visits to arts institutions, cooperatives, rights as well as international development and relief organizations, religious institutions, research and policy institutes and foundations, among others. The skills workshops may tackle such diverse topics as how to design a mission statement, fundraising strategies, project implementation, cost benefit analysis, and steps for building an advocacy campaign. The main philosophical questions tackled in the course is an examination of whether and how non-profits are feeling pressure to become more entrepreneurial while at the same time for-profit firms are feeling pressure to behave more socially responsibly.
Drew offers short-term international programs, in conjunction with select economics and business courses, which bring to life topics covered during the term. For example, students in the Global Financial Markets course participated in a three-week trip to London and Dublin where they met with experts at British and Irish financial firms and institutions. Other short-term programs have travelled to Dubai, Reykjavik, and Beijing. This year, a three-week trip to Brussels and London will explore European integration issues and the current debt crisis.
The business studies program is grounded in an interdisciplinary approach, including classes in business ethics and sociology of work. Courses in management and corporate finance instill solid business critical thinking paradigms, while also emphasizing group collaboration and presentation skills. Academic internships provide experience and perspectives that enhance both coursework and career opportunities.
Throughout the academic year, Drew sponsors events that augment regular coursework and foster a deeper understanding of the issues and challenges faced by businesses.
The annual Business Leadership Conference brings together small groups of alumni and faculty experts with students to discuss such topical issues as entrepreneurship and health care. During the Business Idol competition, students pitch business proposals to a panel of judges, which have included executives at BMW of North America, BNY Mellon, and Wells Fargo.
Drew alumni working in New York, New Jersey and throughout the tri-state region frequently return to campus to share their career advice and insights with current students during networking events.
Drew’s Economic and Business Society (DEBS), a student-led campus group, brings speakers to campus, organizes trips to institutions in New York City, maintains the department’s social media, and instills a sense of community within the department.
Get on the fast track to a master’s degree with Drew’s combined degree program with Wake Forest University. You’ll earn your Bachelor of Arts at Drew, and then spend just 10 months at Wake Forest University’s School of Business to complete your Master of Arts.