Division Chair/Assistant Professor
Dr. Douglas Newson
Department Contact Info
Business
807 Walker Avenue
Memphis, TN 38126
Office: 901-435-1259
Fax: 901-435-1274
charles_needham@loc.edu
Mon – Fri 8:30A.M. – 4:30P.M.
Social Info
NEWSLETTERS
FACULTY
DR. KUSUM SINGH, ASSOCIATE PROFESSOR
DR. AUSTIN EMEAGWAI, ASSOCIATE PROFESSOR
DR. MUHAMMAD ANWAR
DR. JOHNNY MCDONALD, ASSOCIATE PROFESSOR
DR. DOUGLAS NEWSON, ASSISTANT PROFESSOR
STAFF
MS. LATORIA PRESSLEY, ADMINISTRATIVE ASSISTANT
MS. MARIAN HART, ASAP COORDINATOR
This division, with areas of study in Accounting, Economics, Management and Finance, offers a single major in Business Administration with tracks in Accounting, Management, or Finance. This major leads to the Bachelor of Business Administration degree. In 2019, the division received accreditation from the Accreditation Council for Business Schools and Programs (ACBSP).
Mission Statement
The Division of Business and Economic Development prepares today’s business students to be tomorrow’s business leaders in urban and local communities. The Division of Business and Economic Development is committed to:
- Fostering scholarly activities that embrace research and application.
- Empowering students to be lifelong learners in pursuit of graduate study and careers.
- Implementing business education practices as outlined by ACBSP accreditation agency standards.
- Enriching teaching and learning environment through faculty development and outreach activities within urban communities.
Vision Statement
To be an exemplary historical black college providing an excellent business education that will lead to rewarding careers, further education and community leaders.
Student Performance Data
The retention rate for the Accelerated Studies for Adults and Professionals (ASAP) was 76% in the Spring 2020 semester and 92% for our traditional programs. The traditional program was 92%. The retention rate for ASAP
increased from 76% in the Spring 2020 semester, while the traditional program retention rate dropped from 92%. In the spring of 2021, the retention rate for the ASAP program was 87%, and 75% for traditional programs. In the spring semester of 2022, the retention rate for both programs rebounded, exceeding pre pandemic level. The ASAP programs retention rate rose to 82% and 90% for the traditional program as the restrictions on the COVID-19 pandemic eased.
Job placement and Graduate School Data
Spring 2020
Job placement—–83%
Grad school——–58%
Spring 2021
Job placement——-74%
Grad school———-26%
Spring 2022
Job placement——–73%
Grad school———–18%
The Retention Rate Spring 2020
ASAP………………………. 76%
Traditional programs……….92%
The Retention Rate Spring 2021
ASAP………………………. 87%
Traditional programs……….75%
The Retention Rate Spring 2022
ASAP………………………. 82%
Traditional programs……….90%