Jul 21, 2024  
2022-2023 Academic Catalog V2 
2022-2023 Academic Catalog V2 [ARCHIVED CATALOG]

About the College


In the twenty-first century, Goldey-Beacom College will be a leading regional institution of higher education, offering high quality programs in a nurturing atmosphere where quality is always dictated by the needs of our principal consumer - the student, and where consumer satisfaction is pursued by all as the paramount goal.

In realization of this vision, and as a foremost measure of quality, the College will attract and retain a dedicated, professional staff, as well as credentialed faculty recognized for expertise in their field and who excel in the art of teaching, student mentoring, endeavors of scholarship, research, and service. Built on this firm foundation of scholarship, service, and support, the institution will seek and maintain appropriate and prestigious national accreditations.

Mission and Philosophy

In its second century, Goldey-Beacom College reaffirms its commitment to the proud tradition of providing accessible, high quality, career-focused education. An independent, multilevel college, Goldey-Beacom College offers challenging undergraduate and graduate programs. As a teaching-oriented institution of higher learning, the College emphasizes instructional excellence in the classroom and is committed to sustaining faculty who are caring, dedicated and knowledgeable in their respective fields; who motivate their students to realize their full learning potential; and, above all, who represent teaching excellence. Goldey-Beacom College is further committed to providing a caring, wholesome, intellectually stimulating learning environment to its students so that they may grow as individuals and become worthy, productive members of society.


The goals of Goldey-Beacom College are as follows:

  1. To provide students with a broad general education consisting of communications, mathematics, humanities, and social sciences so that they may develop an informed understanding of the society in which they live.
  2. To provide students with an in-depth preparation in their major field of study in order to facilitate their successful entry into a career or advanced education, including active assistance in the job search and placement process.
  3. To help make the College accessible to all academically qualified students through financial aid, flexible scheduling, and the use of technology.
  4. To maintain up-to-date curricula which are responsive to the current and future needs of students.
  5. To attract, hire, and retain competent faculty who are masterful in the art of teaching.
  6. To provide faculty with on-going opportunities for professional growth and advancement in their area(s) of teaching responsibility in order to further enhance knowledge and teaching excellence for the benefit of students.
  7. To assure technology literacy in all students by providing interaction with up-to-date computer equipment and software and by integrating technology throughout the curricula.
  8. To provide students with a learning environment which is caring and supportive yet challenging and rigorous.
  9. To provide academic integrity by creating an environment that fosters ethical values and honest behavior.
  10. To continually assess and refine programs and services to assure high student satisfaction.

Recognition & Accreditation

Goldey-Beacom College has been recognized and accredited by the following organizations and programs:

  • Accreditation Council for Business Schools and Programs (ACBSP)

Goldey-Beacom College is nationally accredited by the Accreditation Council for Business Schools and Programs to offer the following degree programs:

  • Associate of Science in Accounting, and Business Administration
  • Bachelor of Science in Accounting
  • Bachelor of Science in Business Administration
  • Bachelor of Science in Business Administration with concentrations in Financial Management, Health Care Management, Human Resource Management, Information Technology, International Business Management, Legal Studies, Management, Marketing Management, Organizational Psychology, and Sports Management)
  • MBA (Comprehensive) and MBA with concentrations in Financial Management, Health Care Management, Human Resource Management, Information Technology, International Business Management, Marketing Management, and Taxation
  • MBA with majors in Finance and Taxation
  • Master of Management
  • MS in Finance
  • MS in Taxation

It should be noted that the following new degree offerings were introduced after ACBSP recognition was conferred and are not yet accredited by ACBSP, but will be submitted for approval at the earliest opportunity:

  • Bachelor of Science in Business Administration, concentration in Entrepreneurial Studies
  • Bachelor of Science in Business Administration, concentration in Business Analytics
  • MBA with concentration in Entrepreneurial Studies
  • Doctor of Business Administration

To confirm ACBSP accreditation, view accredited programs at http://www.acbsp.org/.

  • Middle States Commission on Higher Education
    Goldey-Beacom College is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104, 267-284-5000. The Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation. To confirm MSCHE accreditation, view the institution directory at https://www.msche.org/institutions_directory.asp.
  • Delaware Department of Education
    The College is approved by the Delaware Department of Education for general collegiate purposes. The College is authorized to award associate, baccalaureate, graduate, and doctoral degrees. 
  • U.S. Department of Education
    Goldey-Beacom College is listed in the Directory of Postsecondary Institutions published by the United States Department of Education. The College is recognized as an institution of higher learning and is approved to participate in the Federal Student Financial Aid Programs. 
  • U.S. Veterans Administration
    The certificate, associate, baccalaureate, and graduate degree curricula are approved for the education of veterans under the new Public Law 89-358. The College complies with the laws and the requirements of various Veterans Administration regulations.
  • Rehabilitation Training
    Goldey-Beacom College is approved by the rehabilitation divisions of the State Departments of Public Instruction in Delaware, Pennsylvania, New Jersey, Maryland, and Virginia. The College is in compliance with Section 504 of the Rehabilitation Act of 1973 in that program accessibility has been achieved for handicapped students.
  • Federal Government Approval on Foreign Students
    This school is authorized under Federal law to enroll nonimmigrant alien students.


There is something very special about this small school. It has graduated four governors, corporate presidents across the nation, and professionals in every walk of life. Among its alumni are doctors, lawyers, and entrepreneurs who first chose this small school to start their education.

The College traces its origins to September 1, 1886, when business educator H.S. Goldey opened the Wilmington Commercial College with only five students. In 1900, one of Goldey’s best instructors, W.H. Beacom, parted ways, opening his own school only blocks away. By 1929, the re-named Beacom College had an enrollment over 1000, and for four decades the two engaged in fierce competition. In 1951, the two entities merged, giving rise to today’s Goldey-Beacom College. In 1974, the College relocated from its landlocked downtown Wilmington location to the present suburban Pike Creek campus.

The College was first accredited by the Middle States Association in 1976, and has offered baccalaureate degrees since 1978. In 1992, Goldey-Beacom established its first MBA program, which today thrives with over 1000 students. In 1997-98, the College completed the rigorous self-study process for the Accreditation Council for Business Schools and Programs (ACBSP), and in the following year, attained accreditation by the International Assembly for Collegiate Business Education (IACBE). In 2006, the College was again granted the full ten-year accreditation by each of the organizations. In 2009 the College announced the introduction of baccalaureate programs in economics and psychology, expanding on their long history of excellence in business education. In 2011, two baccalaureate programs in Criminal Justice and English further enhanced the College’s offerings. In 2021, two new baccalaureate programs were added in Interdisciplinary Studies and a concentration in Business Analytics. 

Today, Goldey-Beacom College offers undergraduate degrees in psychology, criminal justice, English, economics, interdisciplinary studies and all areas of business. The MBA degree is offered with numerous concentrations, along with the Masters in Management, MS in Finance and the MS in Taxation degree.

What has never changed at Goldey-Beacom College since 1886 is a commitment to quality - in its faculty, in its programs, and in its students.

Board of Trustees of Goldey-Beacom College

Cornelia N. Winner, Ed.D.
College Administrator, Retired
Board Chair

Mark R. Olazagasti
Founder & CEO, YourMoney101.org
Vice Board Chair

Lee H. Burstein
Founder, Dynamic Systems, LLC.

Javed Gilani, M.D.
Private Practice Physician

Dorrell Green
Superintendent, Red Clay Consolidated School District

E. Thomas Harvey III
Chairman, Harvey, Hanna, and Associates

R. Jeffrey Johnson
Principal, Maillie LLP, Retired
Board Secretary/Treasurer

Erika Jorgensen
Managing Director, Resiliency and Delivery Management, Chase Consumer and Community Banking


Noreen D. LaSorsa
Principal, Skyline Middle School,
Red Clay School District

Joan Verbonitz Panik
Chief Administrative Officer, Virginia Passenger Rail Authority

John J. Patterson III
Corporate Executive, Union Park Automotive Group

Melody Phillips
Deputy Director, Department of Parks and Recreation for the City of Wilmington

Ursula A. Sharp
Senior Director of Business Development & Executive Producer of Soundview Group,
Concentrated Knowledge Corporation

Marcia B. Wood, CPA, CGMA
Certified Public Accountant

Colleen Perry Keith, Ph.D.
President, Goldey-Beacom College