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Activities & Scholarships
Student Organizations.
Economics and Administrative Sciences students are actively involved in two departmental organizations:
- Political Economy Club. The Political Economy Club is open to all economics students and serves as the Economics Council of Majors. The club brings economics majors together for job seminars, visits to local businesses, social events, and an annual awards banquet. Officers are elected annually. For more information, please contact one of the PoliEcon officers. Officers for the 2002-2003 academic year are: Kendra Mitchell - President, Laura Finkelstein - Vice-President, Jeanette Crotts - Treasurer, Pavan Katariya - Secretary.
- Omicron Delta Epsilon. ODE is the international honor society for students of economics. It was established in 1963 as a result of a merger of Omicron International Delta Gamma, founded in 1915, and Omicron Chi Epsilon, founded in 1955. The UMBC chapter was chartered in 1972. The objectives of ODE are recognition of scholastic attainment, the promotion of closer ties between students and faculty within colleges and universities, and the publication of an official journal, The American Economist. ODE has more than 430 chapters around the world, with more than 10,000 active members. ODE membership requirements are:
- 48 credits overall at UMBC with at least a 3.0 GPA.
- 12 credits in Economics (not counting Accounting) with at least a 3.0 GPA.
These organizations offer students the opportunity to meet other students in their field, and also provide opportunities for students to interact with faculty members in informal settings outside the classroom.
Scholarships.
Several scholarships and awards are available to students in Economics and Administrative Sciences:
- The Gerald Goldman Scholarship. Gerald Goldman was one of the first undergraduate students at UMBC. Unfortunately, he was unable to complete his program of study. During the summer of his senior year, Gerald suffered a tragic accident while working on a construction job. His family and friends decided that a memorial scholarship in his honor would provide an appropriate remembrance. The Gerald R. Goldman Scholarship Fund was established as an endowed fund in 1974, and in 1975 the first annual scholarship was awarded. Gerald's picture hangs in the departmental conference room, 829 Administration.
- The Omicron Delta Epsilon Scholarship. The Omicron Delta Epsilon Scholarship Fund was established by the members of the Epsilon of Maryland Chapter of Omicron Delta Epsilon in 1979. A scholarship has been awarded each year since 1982 to an outstanding economics student at UMBC.
- The Economics and Administrative Sciences Alumni Association Charles F. Peake Scholarship
- The Harry Davis Scholarship. This scholarship was established in memory of Harry Davis, father-in-law of Mary Davis, Lecturer of Accounting in the Economics Department and the Administrative Sciences Program. The scholarship is awarded to an undergraduate junior or senior in the Economics Department and/or the Administrative & Managerial Sciences Program at UMBC. The recipient must have completed 12 credits in either program area, or a combination of the two, have academic merit, and have demonstrated service to the department or program.
Harry Davis was born on Septmeber 1, 1896. Family finances dictated that he start work at the age of 13, which he did as a messenger for the Chespeake and Potomac Telephone Company (now Verizon). Mr. Davis recognized that education and a strong work ethic were critical to business success. Consequently, while working for the telephone company, he attended night school to complete high school. He then took additional courses in business management, primarily relating to his major interest of accounting. Mr. Davis' positions with the telephone complany included those of management analyst, methods accountant, and auditor. He was well versed in economic issues associated with the company and frequently developed and made presentations to the Public Service Commission to support the company's rate proposals. Mr. Davis retired from the company in 1960 after 50 years of service. Mr. Davis was also interested in the financial markets. He was a prudent investor who favored value and followed a buy-and-hold strategy. When he passed away in 1988, his portfolio included stocks he had purchased in 1945. - The Carton and Silberg Scholarship for Non-traditional Students. This scholarship is designated specifically for students who are in some sense "non-traditional," including returning students, students juggling unusual work schedules, or students who have managed to attend school despite hardships.
- The Ryland Homes Scholarship. In the past, the Ryland Group, Inc., has made a generous donation to the department that has been used to fund two scholarships. The Ryland Group, Inc. is America's third largest builder of homes.
Scholarship Applications
Applications for scholarships are made available to students in March each year. The call for applications is distributed to students each year, through e-mail and this web page. Winners of scholarships and awards are announced at the annual Economics Banquet held in the Spring, and funds are made available at the time Fall semester bills are due.
Awards
Each year, departmental awards are given in a number of categories:
- Outstanding Graduating Seniors in Economics, Finance, Management Science, Public Administration and Policy, MBA Preparatory Studies, and Personnel and Industrial Psychology
- Department Chairman's Award
- Distinguished Service in Economics Award
These awards are presented at the annual Economics Honors Banquet.
DEPARTMENT OF ECONOMICS • University of Maryland, Baltimore County
3rd floor Public Policy Building, Room 338
1000 Hilltop Circle • Baltimore Maryland 21250
phone: 410-455-2160 • email: Mrs. Kelly Hodges <khodges@umbc.edu>