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School of Business and Economics

Kenosha has already secured two prime accounting internships. He’s working with Deloitte this summer — one of three Carthage interns in the 18-person Milwaukee cohort — and has another spot reserved for next summer at fast-growing Sikich LLP.

Touching base even before he enrolled, Prof. Dawson arranged for Isaak to take her Financial Accounting course right away in fall. That’s a semester earlier than schedules typically allow, giving the eager freshman a sneak peek into the profession.

Using a “flipped classroom” model, she assigns a roughly 45-minute video for students to watch in preparation for class. Bringing their notes to the classroom, they spend the period running through practical examples.

“To me, that’s the best way of learning,” Isaak says. “I learn best by doing things.” continues on next page

Earning a reputation as a master scheduler, Prof. Dawson sees academic advising as one of the best parts of her job. By demonstrating how he could fit everything he wanted from Carthage into four years, she turned Isaak’s nervousness to relief.

He’s also halfway through a yearlong term as president of the Carthage Accounting Association, a student group advised by — you guessed it — Prof. Dawson.

Grand Opening Celebration

More than 300 people attended the grand opening celebration for Carthage’s School of Business and Economics on April 5.

The day’s events included remarks by Carthage officials and keynote speaker Kunal Kapoor, as well as a roundtable discussion hosted by the College’s Business and Professional Coalition. Over 80 community leaders took part in the roundtable, offering input to help shape the new school’s educational vision.

Mr. Kapoor, CEO of Chicagobased Morningstar, raved about the value of a broad-based education. He emphasized the critical thinking chops that liberal arts graduates acquire.

“It’s really easy to hire smart kids,” he said, “but it’s really hard to find kids who can think for themselves.”

The School of Business and Economics brings faculty from several thriving academic programs together under one umbrella. The new collaborative model promises to expand hands-on learning and pave the way for new programs and partnerships in emerging fields.

A Bright Forecast

Steadily ranked among the 10 most popular majors at Carthage, accounting is now part of the School of Business and Economics. Prof. Dawson says the more targeted focus “allows for agile problem-solving and dreaming.”

One year in, she’s excited by the momentum this new academic division has already gained. In part, she credits founding dean Jim Padilla for quickly identifying faculty strengths and putting them to use on students’ behalf.

One of the first changes to emerge is a new Bachelor of Science degree option for accounting majors. Consisting of 150 credits — 20 more than the Bachelor of Arts officially requires — the B.S. track will equip students for the more expansive CPA exam coming in 2024.

By enrolling in J-Term each winter, Carthage students can still finish in four years. At most other schools, it takes five.

The deeper dive into accounting won’t come at the expense of a liberal arts foundation. Learning to think critically, to communicate clearly, to work in diverse teams — these vital skills will remain well-integrated into the Carthage experience.

“Accountants actually speak and write more than they crunch numbers,” notes Prof. Dawson. “When we talk with recruiters, they always ask: ‘Do your students have the whole package?’ They are looking for people with strong interpersonal dynamics.”

Conducting an external audit, for example, requires a delicate balance. It’s a pressure-packed situation for the client.

“You go in and learn about their business practices, their culture, their dialect. Then you turn around and point out any errors,” she explains. “It’s important to make your clients feel comfortable talking to you and to communicate results in a constructive, positive way.”

Beyond the classroom, Prof. Dawson brought the Volunteer Income Tax Assistance (VITA) program to Carthage in 1993. About 30 volunteers, all certified by the IRS, prepare taxes for low- to moderate-income households free of charge.

Administered by the United Way, VITA has served at least 20,000 local families over the past three decades.

“She’s been a mainstay for the program and one of the reasons it has grown so much,” said Carolynn Friesch, CEO for United Way of Kenosha County.

Long before making a career in higher education, Prof. Dawson saw it from two distinct vantage points as a student. She earned an undergraduate degree from Augustana College and a master’s in accountancy from the University of Wisconsin-Madison.

She sees a continued bull market for those with a “distinguished and versatile” accounting degree from Carthage. Graduates have held controller positions at organizations as varied as the Chicago Bulls and the Field Museum.

“Every organization needs accountants,” says Prof. Dawson. “In whatever field or geographic area that you would like to start your career, there's a strong chance you can do that with an accounting degree.”

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