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School of Business and Economics


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We are glad you have chosen to explore the world of business. Here at Fayetteville State University, it doesn’t matter whether your future is local, carries you throughout the region, or even leads you around the globe, we take our role seriously in preparing you to adapt to opportunities and meet the challenges of the business world.


Nicholas Perkins: Extraordinary Entrepreneur and Alum


Nicholas Perkins, a 2003 graduate of the Fayetteville State University (FSU) School of Business and Economics (SBE), epitomizes entrepreneurship. Learning from his business courses and his experience as a food services manager on campus while still an undergraduate student, Perkins created a food service management business two years after he graduated. Building on his unique background and customer insights, he decided to specialize in managing cafeterias for HBCU's, governmental institutions, and business enterprises, where he saw opportunities to meet client needs more effectively than the competition.  By 2011, six years after he started the business, Perkins management Services had over $10 million in revenue and over 200 employees. The company manages cafeterias at seven universities, including Johnson C. Smith, Benedict, and Morehouse. Other clients include three U.S. Coast Guard cafeterias and healthcare/senior living institutions.  

As a true entrepreneur, Perkins is always on the lookout for opportunities to leverage his service management expertise to expand into new business areas.  In addition to food services, Perkins Management Services now owns a dry cleaning operation (Perkins Dry Cleaners on Murchison Road, near FSU), two Charlotte area restaurants, and several fast food franchises. In total, the business has grown to over 400 employees in 10 different states. 

Mr. Perkins has received multiple honors and awards recognizing his entrepreneurial business success, including:

•  U.S. Coast Guard Small Business of the Year, 2011
•  One of the Fayetteville News and Observer "Top 40 under 40", 2011
•  Fayetteville Business and Professional League Entrepreneur of the Year, 2009 

Just this year, he has been appointed to two very prestigious policy advisory boards: the North Carolina Governor's Advisory Council for Small and Historically Underutilized Businesses and the Federal Reserve Business Advisory Council. It is particularly noteworthy that this young entrepreneur is not just focused on making money for himself and his company-he has a desire to help others succeed as well.  In 2012 Mr. Perkins gave $100,000 to FSU to be used to help train young entrepreneurs in the SBE. In June of this year he announced another gift to FSU-amounting to $1 million. He states that it is a reflection of his "personal commitment to support the education of underserved students that are seeking to advance in society".  In addition, Mr. Perkins has agreed to serve on the SBE Dean's Advisory Board, where he will be able to contribute his insights and leadership to help the SBE continue to enhance its service to its students and its community.  

As Dr. Assad Tavakoli, Dean of the FSU SBE, noted "Mr. Nicholas Perkins is an excellent example of what is possible for students with an entrepreneurial mindset and a willingness to work hard to pursue their dreams.  We are very grateful for his faith and confidence in FSU's ability to give other students the tools they need to succeed as well. We look forward to the next generation of young entrepreneurs and businesspeople."


Another National Ranking for the FSU MBA Program

MBA Ranking
The recently released 2014 U.S. News & World Report review of U.S. online graduate business programs ranks the Fayetteville State University MBA program among the top 100 online graduate business programs in the nation and among the top 5 in the state of North Carolina.
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FSU School of Business and Economics No. 61 in Latest SSRN Business School Rankings

FSU Ranking

In June of 2014, the Social Science Research Network (SSRN) lists the School of Business and Economics (SBE) at Fayetteville State University at number 61 among its latest rankings of the top 500 U.S. Business Schools. The School is also ranked number 106 in the world. Read more >>>

Enter This Year's Economics Music Video Contest for a Chance to Win $2,500!

Video Contest Announcement

The Hackley Endowment for the Study of Capitalism and Free Enterprise at Fayetteville State University is pleased to announce its "2013-2014 Economics Video Contest, Markets Promote Peace." Entries are due Friday, December 12, 2014. Read more here. Click on the image below for information and contest rules.

U.S. Airways Magazine Features the Uniqueness of FSU's Courses

Ahead of the Class

U.S. Airways magazine writer Nancy Oakley, wrote an article in 2003 about the uniqueness of curriculum at Fayetteville State University, entitled "Ahead of the Class." The article mentioned "FSU's School of Business and Economics ranks third in North Carolina, and it's easy to see why." Click here to read the article.

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