Business faculty help Scouts earn merit badgeDate: 8/10/2010
The Business Department of Alvernia University is once again offering an opportunity for 50 registered Boy Scouts to earn their Personal Management Merit Badges through a full day workshop on Saturday, August 14. After the workshop, Scouts will complete a 13 week-long assignment related to personal budgeting, and present their work during a second session at the end of the fall semester.
Alvernia’s Business Department embraces the Catholic, Franciscan tradition and believes that it is important to view today’s business world from both practical and ethical standpoints. “Ethics based life-long learning can help individuals make a difference in the world around them,” says one professor.
“The Personal Management Merit Badge helps Scouts to map a life plan,” says Troop 149 Scout Leader Michael Bashore. “It involves setting short-range and long-range goals and investigating different ways to reach those goals. Education, training, and experience all help make goals become a reality.”
To earn the badge, each Scout will prepare and track a budget reflecting home income. They will learn the differences between saving and investing, the concepts of return on investment and risk, and the concepts of simple interest and compound interest and how these affected the results of their investment exercise. After the 13-week exercise, the Scouts will return to campus to present their results to Alvernia professors and Scout leaders.
According to the Boy Scouts Hawk Mountain Council, “To achieve their goals, Scouts will choose the best path and make a commitment to it, while remaining flexible enough to deal with changes and new opportunities.”
- History: Established as a private four-year liberal arts college in 1958, Alvernia celebrated its 50th year by being awarded university status in 2008.
- Heritage: Founded by the Bernardine Sisters, a Catholic religious order, the university embraces the Franciscan core values of service, humility, collegiality, contemplation and peacemaking.
- Motto: “To Learn, To Love, To Serve”
- Campus: The main campus in Reading is 121 acres, with two satellite campuses in Philadelphia and Pottsville (Schuylkill County).
- Location: Our residential campus is situated three miles from center-city Reading, in the scenic Blue Mountain area of Eastern Pennsylvania.
- Enrollment: 3,000 students attend Alvernia including 1,500 traditional undergraduates, 600 continuing education students, and 780 graduate students. Over 77% of first-year students live on campus.
- Faculty: Our professors are accomplished scholars, experts in their fields, and supportive mentors. The student-to-faculty ratio is 14:1. Most classes are 20 students or fewer.
- Athletics: NCAA Division III, member of the Commonwealth Conference of the Middle Atlantic States Athletic Corporation and member of Eastern College Athletic Conference, 8 men’s and 10 women’s intercollegiate sports.