Major-Payton School of Business

Chair (vacant)
Lina Castro, Program Director—Fashion Merchandising

Faculty

Lina Castro
Joseph Cunningham
Sarah Dougherty
Elizabeth G. Faunce
Mark McFadden
Bernadette J Pinamont
Michael Stevens

Jaqueline Bull, Emerita
Charlene Y. Fitzwater, Emerita
Janice Jacobs, Emerita
Sister Denise Mollica, Emerita
Joseph W. T. Pugh, Emeritus

 

Program Accreditation

Majors designated below with an asterisk (*) are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

ACBSP accreditation certifies that the teaching and learning processes within the business programs meet the rigorous educational standards established by ACBSP. Receiving accreditation for the business programs and specialized accreditation for the accounting program shows that Immaculata is committed to providing the highest quality business education for our students.

CFP Board Registered Program

The Bachelor of Science (BS) in Finance, Wealth Management & Financial Planning, is a Certified Financial Planner CFP® Board Registered Program.

Major-Payton School of Business

Established in 2025, the Major-Payton School of Business develops ethical, service-oriented business leaders for the global community. Faculty, who are expert professionals, bring their real-life industry experience into the classroom. In turn, students participate in service-learning projects and supervised field work that help them apply their learning and develop their analytical, technological, and communication skills. As a result, graduates from the Major-Payton School of Business are prepared to take on leadership roles in a variety of business and fashion endeavors, guided by integrity to make a difference in the world.

Programs Offered

Degrees - Majors

*Associate of Science (AS) in Accounting
*Associate of Science (AS) in Business Administration
Associate of Science (AS) in Fashion Merchandising

*Bachelor of Science (BS) in Accounting
*Bachelor of Science (BS) in Business and Human Resource Management
*Bachelor of Science (BS) in Business and Marketing Management
*Bachelor of Science (BS) in Business and Sport Management
*Bachelor of Science (BS) in Business and Supply Chain Management
*Bachelor of Science (BS) in Business Leadership (accelerated degree completion students only)
Bachelor of Science (BS) in Fashion Merchandising
*Bachelor of Science (BS) in Finance, Wealth Management & Financial Planning

Minors

Accounting
Business Administration
Buying
Economics
Entrepreneurship
Fashion Merchandising
Finance
Financial Planning
Graphic Design for Fashion
Human Resource Management
International Business
Leadership
Management Information Systems
Marketing
Product Development
Sport Management
Supply Chain Management
Visual Merchandising

Certificate

Management

Business Programs Mission

Rooted in academic rigor, ethical integrity, and Christian core values, the Major-Payton School of Business encourages a commitment to lifelong learning and professional excellence. Balancing theory and practice in the learning experience, this development of knowledge, skills and capabilities contributes to the preparation of future leaders and the formation of truly educated individuals.

Business and Accounting Degrees

Program Vision

Immaculata University’s Business Programs will develop value-based, service-oriented business leaders for the global community.

Program Outcomes

Upon successful completion of the business degree program, students will be able to:

1. Demonstrate knowledge, skills, and capabilities essential to the major (as outlined below, by major);
2. Understand the balance between theory and practice as it applies to the various sectors of the world of business, accounting, finance, marketing, and economics;
3. Exercise effective interpersonal, communication and analytical skills;
4. Use technology strategically to enhance their productivity and effectiveness on both individual and organizational levels;
5. Evidence professionalism, integrity, and ethics.

Major Knowledge, Skills and Capabilities

Upon successful completion of the B.S. in Accounting degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Create, analyze, and evaluate the four basic financial statements (Balance Sheet, Income Statement, Statement of Cash Flows, and Statement of Owners Equity).
2. Understand, assess, and evaluate internal accounting controls for a company applying Professional Auditing Standards and Practices. Specific skills should include: an ability to develop an audit plan; apply audit sampling techniques to audit plans; and demonstrate familiarity with the fundamentals of ACL audit software.
3. Prepare transactions and analyze accounts applying financial and managerial accounting standards and utilizing appropriate terminology.
4. Understand and apply accounting transactions for advanced accounting topics including corporate consolidations, partnership accounting, governmental accounting, and international considerations.
5. Prepare individual and corporate tax returns including the appropriate research and application of current tax code regulations.

Upon successful completion of the B.S. in Business and Fashion degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Exhibit creative problem-solving, global awareness and technical aptitude.
2. Apply business knowledge, an aesthetic viewpoint and comprehensive decision making within the fashion industry
3. Effectively communicate verbally and visually to merchandise, market and distribute product in a global marketplace
4. Demonstrate the ability to work independently and as part of a team.
5. Model principles of business ethics.

Upon successful completion of the B.S. in Business and Human Resource Management degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Decode and describe jobs, positions and structure in the context of the strategy of an organization including specifying skills inventory required.
2. Develop recruitment strategy and approach for specific organizational positions based on assessment of alternative recruitment methods, interview techniques, and selection process styles.
3. Complete a needs assessment and develop training programs for specific positions within an organization.
4. Analyze employee benefits alternatives and operating dynamics based on core decision-making rationale, including costs, motivational impact, operational considerations, market trends and collective bargaining agreements.
5. Understand the impact of human resource management on effective leadership, strategy execution and change management.

Upon successful completion of the B.S. in Business and Marketing Management degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Assess the effect of marketing on customer value in general and as applied to specific products and services.
2. Design, execute and analyze targeted marketing research applying appropriate research method, as well as qualitative and quantitative data analysis.
3. Design, implement and evaluate effective social media campaigns which integrate with broader organizational marketing strategies.
4. Develop a complete marketing plan that integrates consideration of distribution channels, alternative marketing strategies, pricing, competitive environment, brand messages, and strategic positioning.
5. Understand and evaluate the design, management and importance of promotional activities in integrated marketing channels.

Upon successful completion of the B.S. in Business and Sport Management degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Demonstrate knowledge of the structure, functions, and operations of various organizations in the sport industry.
2. Develop effective marketing strategies for sport organizations, including social media campaigns, sponsorships, and fan engagement.
3. Demonstrate ability to plan and manage sporting events, tournaments, and competitions, including aspects such as logistics, budgeting, risk management, and operations.
4. Analyze and apply strategic management principles in sport organizations.
5. Conduct research and utilize data analysis techniques to inform decision-making in sport management contexts.

Upon successful completion of the B.S. in Business and Supply Chain Management degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Understand and apply foundational knowledge of supply chain management and logistics to coordinate the flow of goods and services and balance supply and demand to achieve optimal inventory and service levels
2. Develop strategies to achieve sustainable competitive advantage through cost, risk, and price management techniques enabled through supplier scorecards, Make vs. Buy, and Total Cost of Ownership (TCO) decisions.
3. Evaluate efficient production and distribution systems through inventory management, capacity analysis, and forecasting using techniques such as Total Quality Management (TQM) and Lean Six Sigma.
4. Examine global logistics network decisions, including export-import procedures, transportation modes, warehousing, distribution, fulfillment, and risk mitigation strategies.
5. Integrate supply chain concepts and strategies to optimize business practices across procurement, inventory, and distribution while participating in real-world simulations with a fulfillment center tour.

Upon successful completion of the B.S. in Finance, Wealth Management & Financial Planning degree program, students will meet business degree program outcomes and be able to demonstrate knowledge, skills and capabilities essential to the major (see Program Outcome 1 above):

1. Analyze financial statements to evaluate a firm’s performance using key financial ratios of profitability, asset utilization, debt, liquidity, and market value. Based on this analysis, determine the firm’s strengths and weaknesses.
2. Effectively apply and analyze required rate of return, and time value of money for applications including managing investments, capital budgeting, and cost of capital assessment.
3. Understand and assess the operation, mechanisms and structure of the United States banking system including the regulatory and policy role of the Federal Reserve.
4. Assess and develop investment objectives for a well-diversified investment portfolio, specifically regarding the relationship between risk and return.
5. Apply finance and risk management concepts in developing recommended budgets and financial plans.

Progression Requirements

After completing 48 credit hours, Accounting, Business and Fashion, Business and Human Resource Management, Business and Marketing Management, Business and Sports Management, Business and Supply Chain Management, and Finance, Wealth Management & Financial Planning majors must maintain an overall GPA of 2.5 in department courses.

Accounting (AS)
(Associate of Science)

GRADUATION REQUIREMENTS: ECO 201, ECO 202 (fulfills social science requirement); BUS 235, BUS 315, BUS 360; ACC 203 and ACC 204; MATH 203 and MATH 204 or MATH 207 and MATH 208 or MATH 217 and MATH 219, MKT 309; choose two (2) courses (6 credits) from ACC 303, ACC 304, ACC 313, ACC 317; and one (1) department elective course (3 credits); liberal arts core by advisement.

Business Administration (AS)
(Associate of Science)

GRADUATION REQUIREMENTS: ACC 203 and ACC 204 or ACC 205 and ACC 206; BUS 235, BUS 360; ECO 201, ECO 202 (fulfills social science requirement); four department electives; COM 200 or COM 350, MATH 203 and MATH 204 or MATH 207 and MATH 208 or MATH 217 and MATH 219; liberal arts core by advisement.

Accounting (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 338, BUS 365; COM 200 or COM 350; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; MKT 309; MATH 221. (With special permission, PHI 384 may replace BUS 338.)

ACC 303, ACC 304, ACC 313, ACC 314, ACC 317, ACC 398 or ACC 399, ACC 421, ACC 425; one elective (3 credits) from the following department areas: ACC, BUS, ECO, FIN, HRM, MKT, or SCM.

150 credit hour option: contact department for information.

Business and Human Resource Management (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 360, BUS 365; COM 200 or COM 350; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

BUS 345; HRM 318, HRM 344, HRM 398 or HRM 399; and two (2) courses (6 credits) selected from the following: BUS 366, COM 217, FIN 367, HRM 335, HRM 336, HRM 347, PSY 217.

Business and Marketing Management (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 360, BUS 365; COM 200 or COM 350; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

BUS 345; MKT 331, MKT 359, MKT 364, MKT 398 or MKT 399, and two (2) courses (6 credits) selected from the following; COM 208, COM 239; FMD 106, FMD 345; MKT 351, MKT 354, MKT 355; SBM 310.

Business and Sport Management (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 360, BUS 365; COM 200 or COM 350; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

BUS 345; EXS 202; SBM 301, SBM 310, SBM 320, SBM 330, SBM 340, SBM 398 or SBM 399; PSY 357.

Business and Supply Chain Management (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 360, BUS 365; COM 200 or COM 250; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

SCM 340, SCM 350; SCM 398 or SCM 399; and three (3) courses (9 credits) from among the following: BUS 327; SCM 315, SCM 325, SCM 330, SCM 333, SCM 335, SCM 345.

Business Leadership (BS)
(Bachelor of Science)
(Accelerated Degree Completion Program – Part time students)

GRADUATION REQUIREMENTS: An accelerated degree-completion program offered for part time students, the program includes the following required courses: BUSL 308, BUSL 375, BUSL 377, BUSL 378, BUSL 393, BUSL 394, BUSL 395, BUSL 396; CCS 341; COM 355; ECO 323, 344; ENG 242; FIN 373; HRM 376; MKT 310; and PHI 384. Requirements beyond program by advisement to complete required liberal arts core courses and electives as needed for a total of 120 credits

Business Management (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 345, BUS 360, BUS 365,BUS 399; COM 200 or COM 250; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

Finance, Wealth Management & Financial Planning (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: ACC 203, ACC 204; BUS 235, BUS 315, BUS 324, BUS 338, BUS 360, BUS 365; COM 200 or COM 350; ECO 201, ECO 202, ECO 307, ECO 317; FIN 362; HRM 311; MATH 221; MKT 309; SCM 310. (With special permission, PHI 384 may replace BUS 338.)

ACC 313; FIN 310, FIN 320, FIN 325, FIN 350, FIN 360, FIN 363, FIN 365, FIN 367, FIN 372, FIN 398 or FIN 399.

Business and Accounting Minors and Certificates

Accounting
(Minor)

GRADUATION REQUIREMENTS: ACC 203, ACC 204, ACC 303, ACC 304, ACC 317; and two (2) courses (6 credits) chosen from ACC 305, ACC 313, ACC 334, ACC 421, ACC 425; ECO 201, ECO 203

Business Administration
(Minor)

GRADUATION REQUIREMENTS: ACC 203 and ACC 204 or ACC 205 and ACC 206; BUS 360; ECO 201, ECO 202, ECO 307; FIN 362; MKT 309; and one (1) business elective (3 credits) from the following: BUS 315, BUS 345, BUS 348, BUS 366; FIN 306, FIN 363; CCS 340, CCS 341; HRM 311, HRM 318.

Economics
(Minor)

GRADUATION REQUIREMENTS: ECO 201, ECO 202, ECO 327, ECO 328; and two (2) courses (6 credits) chosen from ECO 319, ECO 320, ECO 322, ECO 380, ECO 381, ECO 386, ECO 387, ECO 389; FIN 306, FIN 362

Entrepreneurship
(Minor)

GRADUATION REQUIREMENTS: ACC 201 or ACC 205, BUS 324, BUS 360, MKT 309; for non-business majors two (2) courses (6 credits) chosen from BUS 315, BUS 327, FIN 362, HRM 311; for business majors two (2) courses (6 credits) chosen from COM 224, MKT 331, PSY 219, SOC 245

Finance
(Minor)

GRADUATION REQUIREMENTS: ACC 203 and ACC 204 or ACC 205 and ACC 206; ECO 201, ECO 202; FIN 362; and two (2) courses (6 credits) chosen from: FIN 306, FIN 325, FIN 326, FIN 363, FIN 367, FIN 368, FIN 370, or FIN 372

Financial Planning
(Minor)

GRADUATION REQUIREMENTS: ACC 203 and ACC 204; ECO 201, ECO 202; FIN 362, FIN 367; one (1) course (3 credits) chosen from: FIN 310, FIN 320, or FIN 350

Human Resource Management
(Minor)

GRADUATION REQUIREMENTS: BUS 338; HRM 311, HRM 318 or HRM 344, HRM 348 or BUS 315; two (2) courses (6 credits) chosen from: COM 305; BUS 320,327; HRM 318, HRM 335, HRM 336, HRM 347; PSY 219; SOC 245

International Business
(Minor)

GRADUATION REQUIREMENTS: ACC 201; BUS 345, BUS 360; CCS 340 or CCS 341; ECO 203; two (2) courses (6 credits) chosen from ECO 322, ECO 381, FREN 323, FREN 336, FREN 339, FIN 363, POL 206, SPAN 314, SPAN 232,SPAN 328, THE 314; non-department majors may also select from BUS 365, MKT 309, FIN 362

Leadership
(Minor)

GRADUATION REQUIREMENTS: BUS 366; COM 350; PSY 321 or PSY 345; and three (3) courses (9 credits) from the following: BUSL 375, BUSL 378, BUSL 393, BUSL 394, BUSL 395; HRM 376

Management Information Systems
(Minor)

GRADUATION REQUIREMENTS: BUS 327, BUS 360, CIS 105, INFO 215; and two (2) courses (6 credits) chosen from: COM 200; BUS 340, CIS 218, CIS 224, CIS 326, CIS 335; INFO 120, INFO 230, INFO 310, INFO 404

Marketing
(Minor)

GRADUATION REQUIREMENTS: MKT 309, MKT 331, MKT 364; and three (3) courses (9 credits) chosen from: COM 218, COM 239; FMD 328, FMD 345; MKT 350, MKT 351, MKT 352, MKT 354, MKT 355, MKT 357, MKT 359

Supply Chain Management
(Minor)

GRADUATION REQUIREMENTS: BUS 327, BUS 360; SCM 310; and three (3) courses (9 credits) chosen from: BUS 353; SCM 320, SCM 330, SCM 340.

Sport Management
(Minor)

GRADUATION REQUIREMENTS: BUS 324, BUS 360; SBM 301, SBM 330; and two (2) courses (6 credits) chosen from: EXS 202; INFO 151; PSY 357; SBM 310, SBM 320.

Management
(Certificate)

GRADUATION REQUIREMENTS: ACC 201 or ACC 205; BUS 235, BUS 315, BUS 324, BUS 360, BUS 365, BUS 366; COM 200 or COM 350; ECO 203; FIN 362; HRM 311; and MKT 309

Fashion Merchandising Degrees

Program Vision

The Fashion Merchandising Program at Immaculata University offers students both a creative and analytical curriculum, which contains industry-driven courses, taught by experts in the business of fashion, where the relationships between design, merchandising, and marketing are explored.

Program Outcomes

Upon completion of the fashion merchandising degree program, students will earn a Bachelor of Science degree and be able to:

• exhibit creative problem-solving, global awareness and technical aptitude.
• apply business knowledge, an aesthetic viewpoint and comprehensive decision making within the fashion industry
• effectively communicate verbally and visually to merchandise, market and distribute product in a global marketplace
• demonstrate the ability to work independently and as part of a team;
• model principles of business ethics.

Progression Requirements

The following are standards for retention in the program:

1. Minimum GPA of 2.5 in major area; maintenance of at least a B- grade in every course in the minor sequence.
2. A grade of C or better in Retail Math
3. A presentation of a well-defined and realistic short and long term career goals during advising appointment first semester sophomore year.
4. Evidence of ongoing fashion work experience including two fashion related work references due during advising appointment first semester sophomore year.

Fashion Merchandising (AS)
(Associate of Science)

GRADUATION REQUIREMENTS: BIOL 113; FMD 101, FMD 106, FMD 126, FMD 127, FMD 309, FMD 320, FMD 324, FMD 328, FMD 334, FMD 337, FMD 339, and FMD 345; MKT 309; and PHI 220. ECO 203 is recommended for social consciousness core; COM 224 is recommended for humanities.

Fashion Merchandising (BS)
(Bachelor of Science)

GRADUATION REQUIREMENTS: BIOL 113 (also fulfills natural & physical world core); BUS 360, BUS 366; COM 250 or COM 350; FMD 101, FMD 106, FMD 126, FMD 127, FMD 309, FMD 320, FMD 324, FMD 328, FMD 334, FMD 337, FMD 338, FMD 339, FMD 345; MATH 205(also fulfills quantitative reasoning core requirement); and MKT 309. Additionally, the following courses are highly recommended: BUS 338 (ethics); COM 224; ECO 203 (social consciousness); PHI 220 (pursuit of wisdom) and THE 218 (pursuit of faith).

Fashion Merchandising Minors

Fashion Merchandising students may also utilize available elective hours to pursue one or two minors related to their major. With the exception of the “Fashion Merchandising” minor below, options include:

Buying
(Minor)

GRADUATION REQUIREMENTS: ACC 201; BUS 324, BUS 345; FMD 328; INFO 105; and one class (3 credits) from among the following: MKT 350, MKT 351, MKT 352, MKT 354, or MKT 355.

Entrepreneurship
(Minor)

(see Business and Accounting Minors)

Fashion Merchandising
(Minor)
(for non-Fashion Merchandising majors)

GRADUATION REQUIREMENTS: FMD 101, FMD 106, FMD 126, FMD 127, FMD 324, FMD 328.

Graphic Design for Fashion
(Minor)

GRADUATION REQUIREMENTS: ART 302; one class (3 credits) from ART 102, ART 200, ART 215, ART 218; FMD 208, FMD 209, FMD 320; and INFO 120 or INFO 214.

Marketing
(Minor)

(see Business and Accounting Minors)

Product Development
(Minor)

GRADUATION REQUIREMENTS: FMD 206, FMD 207, FMD 208, FMD 209, FMD 310; INFO 105.

Public Relations and Journalism
(Minor)

(see Communications Minors)

Visual Merchandising
(Minor)

GRADUATION REQUIREMENTS: ART 211, ART 302, one class (3 credits) from ART 102, ART 200, ART 215, ART 218; FMD 209, FMD 321, and FMD 321.