Business & Economic Development

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

SEPTEMBER 2022

JUNE 2022

DECEMBER 2022

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%