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Business and Economics

Business, Accounting and Economics

Business principles run our global economy, from tiny nonprofits to Fortune 500 companies, from small business owners to foreign enterprises. If you're interested in joining an established organization or starting your own company, an Allegany College of Maryland Business, Accounting or Economics degree is your powerful first step. With your degree, you'll find possible career options at large corporations, small businesses, banks, colleges, government agencies, hospitals, and nonprofits.

Overview

Business students at conference table

Our Business, Accounting and Economics degree programs, like business itself, are ever-evolving to keep up with the times. Whether you concentrate in accounting, marketing, management or other popular business fields, we offer flexible programs tailored to your needs.

From day or evening classes in traditional classroom settings to state-of-the-art distance learning facilities, to online course options, we make it easy for you to succeed. We even offer an online degree program in Business Administration, and classes at area high schools and businesses.

You learn business through hands-on demonstrations and experiments, individual and group projects, case studies, podcasts, and web site analysis. For example, you'll conduct blind taste tests in Intro to Business, engineer assembly lines in Principles of Microeconomics, and prepare mock courtroom arguments in Business Law. Other past projects include: marketing research/analysis for local companies, group analysis of a business ethics case, and preparing accounting records for an imaginary business.

In addition to the business knowledge you'll gain from our programs through coursework, field trips, and hands-on projects, you'll learn communication, teamwork, interpersonal, analytical, computer, leadership and problem-solving skills. Our Business Management students also complete a 100-hour field placement in a variety of businesses, including banks, hotels, hospitals, government agencies, retailers, manufacturers, and accounting firms. Many of these placements have turned into job offers upon graduation.

You may choose to join Phi Beta Lambda, a national affiliate of the Future Business Leaders of America. As a member of Phi Beta Lambda, you may attend the annual conference in Baltimore, engage in service activities, such as the March of Dimes or ACM Help for Haiti, and participate in regional competitions.

 


If you choose to continue your studies at a four-year college or university, you'll find that your Allegany College of Maryland business credits transfer to many schools.



  

ACM Cumberland Campus fountains

 

ACM Bedford County Campus

 

Students on ACM Campus Tour

 

 

 

 

 

 

 



Course Info

As a Business, Accounting or Economics program student, you'll expand your knowledge and gain career training through a variety of challenging courses, including:

  • Intro to Business
  • Financial Accounting
  • Personal Finance
  • Business Professionalism and Ethics
  • Entrepreneurship
  • Business Law
  • Principles of Management
  • Principles of Marketing
  • Principles of Macroeconomics
  • Managerial Accounting
  • Field Placement

A full listing of program courses and their descriptions can be found in the credit catalog.

 

Career Info

Graduates of Business, Accounting or Economics programs are in high demand in today's competitive job market. (The American Association of Community Colleges identified business as a "hot" program in terms of significant market demand for graduating students.)  Once you have completed your two year associates degree with ACM, you'll want to consider finishing your bachelor's degree in business, accounting, or economics at a four-year college or university. An option for transfer is available with our 3-to-1 degree completion program with Saint Francis University.  Students complete a third year at ACM before transferring to Saint Francis University to complete their bachelor of science degree in Organizational Leadership. Read more on how business, accounting, and economics majors are among the most wanted four-year graduates in the job market right now.
 

Possible career options in the business field include positions in:

  • Accounting and Auditing
  • Advertising and Public Relations
  • Brand Management
  • Budget Analyst
  • Commercial Banking
  • Corporate Finance
  • Consulting
  • Distribution Channel Manager
  • Financial Analyst
  • Insurance
  • International Marketing
  • Investment Banking
  • Loan Officer
  • Management Consultant
  • Marketing
  • Market Research
  • New Product Planning
  • Nonprofit Management
  • Product Management
  • Real Estate
  • Retail Management
  • Sales and Sales Managers

*Some careers may require a bachelor's degree, further education or additional training.

View Salary Information from the U.S. Dept. of Labor

 


RECENT SURVEY SHOWS STRONG NEED FOR BUSINESSPEOPLE IN THE CUMBERLAND/BEDFORD/SOMERSET AREAS


The Greater Cumberland Committee, an organization consisting of business owners and executives in a six-county area (including Allegany, Bedford and Somerset), recently conducted a survey of businesses to obtain information about the business climate in its area. The survey had 172 respondents.

One of the questions was: Q13 Please indicate which skill-sets are needed by your workforce or which skills you have identified as being in short supply.

As you can see from the list below, three of the top four skills areas needed or in short supply are in business. 40% of the respondents stated that Management/Leadership skills were needed in the local workforce or are in short supply; 37% said Sales/Customer Service; 33% said Business/Accounting.

Local businesses need people with business skills!!


Results:

  • Management/Leadership   40%
  • Sales/Customer Service   37%
  • Office Skills   33%
  • Business/Accounting   33%
  • Computer Software/Applications   28%
  • General Maintenance   28%
  • Building Maintenance   25%
  • Project Management   23%
  • Electrical/Electronics   20%
  • Hospitality   19%
  • Blueprint Reading   19%
  • Other   15%
  • Computer Programming   15%
  • Skilled Trades   14%
  • Computer Aided Drafting and Design   13%
  • A/C, Heating, and Refrigeration   12%
  • Welding   11%
  • Integrated Systems Technology   10%
  • Heavy Equipment Operator   9%
  • Machining   8%
  • Graphic Arts and Imaging   8%
  • Environmental/Hazmat   8%
  • Lean/Six Sigma/Process Improvement   7%
  • Health Information and Medical Records   7%
  • Truck Driving   7%
  • Nursing   7%
  • Mechanical Engineering   7%
  • Medical Assisting   5%
  • Civil Engineering/Surveying   4%
  • Physical/Occupational Therapist   3%
  • Phlebotomy   3%
  • Engineering Technologies/ Robotics   3%
  • Medical Laboratory Testing   2%
  • Child Care   2%
  • Paralegal   2%
  • Mining   2%
  • Chemical/Biotech   2%
  • Veterinary Assistant/Technician   0%

For complete survey results HERE. (Click on Regional Education and Workforce Survey Results)
Faculty/Staff Info
Robin Imgrund, Professor and PA Campuses Program Coordinator

814-652-9528 ext. 6209 (Bedford)
814-445-9848 ext. 6112 (Somerset)
rimgrund@allegany.edu

Bedford (Faculty Office 4); Somerset (AC 21)

B.S., Frostburg State University

M.S., University of Maryland-College Park


Ronald Krug, C.P.A., Associate Professor and Cumberland Campus Program Coordinator

301-784-5123
rkrug@allegany.edu
Technologies 111

B.S., SUNY-Old Westbury

M.B.A., SUNY-Albany

M.S., SUNY-Binghamton


Merle Helsel, J.D., Professor

814-652-9528 ext. 6212 (Bedford)
814-445-9848 ext. 6114 (Somerset)
mhelsel@allegany.edu
Bedford (Faculty Office 5); Somerset (AC 21)

B.S., The Pennsylvania State University

J.D., Dickenson School of Law


Denise Hunt, Associate Professor

301-784-5125
dhunt@allegany.edu
Technologies 136

B.S., M.B.A. Frostburg State University

Program Options

 

Associate Career Programs

Business Management

 

Associate Transfer Programs

Accounting

Business Administration

Economics

Certificate Programs

Business Accounting

Business Entrepreneurship

Business Marketing and Sales

Business Supervision



Letter of Recognition Programs

Accounting I

Accounting II

Entrepreneurship Training

First-Line Supervision

Marketing and Sales Training