BusinessBuzz is a business blog that features content written by faculty, staff and students from Grand Canyon University’s Colangelo College of Business. In addition to profiles about events, students and faculty on campus, you’ll also find great resources for online students or anyone interested in attending business school. Learn about the modern business landscape, and how business today continues to grow and evolve to meet the needs of organizations and consumers in the 21st century. Check in every week for the latest news from the business community and around GCU.
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Category: Financial Markets and Economics

By Dr. Randy Gibb
Dean, Colangelo College of Business

We’ve recently seen the end of a successful Money Week here at GCU! The goal of Money Week is to share information with our students on financial literacy. This was a collaborative effort between the Colangelo College of Business (CCOB), Student Life, The Finance/Economics Club and Strategic Employer Initiatives.

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Are you considering a career path in banking, business, finance, investment or insurance? If so, then consider earning Grand Canyon University’s Bachelor of Science in Finance and Economics. This degree program is offered by the Colangelo College of Business and features topics that can promote a successful career in these fields. While earning this degree, you will participate in an in-depth exploration of economics and finance. Students learn about financial planning and the interactions between corporations with overseas operations and the international monetary environment.

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By Jessica Meyer
Marketing Major, Colangelo College of Business

Earning a Bachelor of Science in Finance and Economics can provide you with relevant skills and opportunities to achieve your academic goals and expose you to numerous career possibilities. If you are having trouble deciding if a Bachelor of Science in Finance and Economics is right for you, take a look at the information below:

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By Krystal Slivinski, MA
Assistant Professor, Colangelo College of Business  

I’ve been married to a wonderful man for over 10 years. And I’ve never gotten roses on Valentine’s Day.

But I really don’t mind. In fact, I prefer NOT to get roses on February 14.

Why? I’m an economist. And I’m married to an economist.

Before you go thinking economists lack any capacity for romance, let me explain.

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By Taylor Elder
Colangelo College of Business Student, Bachelor of Science in Sports Management  

Getting in trouble was a rarity for me in elementary school. It was so unusual, in fact, that I perfectly remember the time in first grade that I had to turn my behavioral card from green to yellow.

I was sitting at a long cafeteria table next to my best friend. She was eating a school lunch, and I was eating a lunch that I had packed at home. It was a well-established rule in the cafeteria that we were not allowed to share food. Ever.

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By Peter Sanders
Colangelo College of Business and Honors College Student, Bachelor of Science in Sports Management

Over 200 years ago, “The Wealth of Nations” by Adam Smith was published. This groundbreaking piece of literature explained the way the free market works and how countries acquired and kept wealth. Despite the fact that this was written so long ago, its principles are still undeniably true today.

One topic of focus is the power of competition and trade. These forces drive the economy and encourage producers to improve their products in order to make everyone better off.

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By Ernie Scarbrough, DBA
Associate Professor, Colangelo College of Business

What is a finance or economics degree worth?

Well, it depends. If it is sitting on your shelf or hung on your wall, its value is the value of the frame and paper. It was expensive in time and dollars to acquire the degree. But, by itself, it has no significant value.

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When it comes to your finances as a traditional or online college student, you face some tough decisions along the way:

“Do I have enough cash in the bank for a ticket home for Christmas?”

“Can I pay my bills this month?”

“Can I even add fries and a drink—or do I need to watch every penny?”

As a college student, you have to consider your daily cash flow and cash balances, deal with annoying overdraft fees, learn how to keep your bank account balanced and create a budget to figure out a how much you can and cannot spend aside.

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When it comes to investing in your finances as a college student, sometimes the only thing you can do is start out small.

Acorns, an innovative new investing app, takes the concept of starting out small to a whole different level. The smartphone app on iOS and Android literally invests your spare change.

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