The Senior Capstone Experience for the accounting major, the economics major, and the economics and business major may be accomplished in one of four ways: 
- Completion of the course ECON 497 
  Economics Research
   with a grade of "C" or above; 
- Completion of the course BUSI 497 
  Corporate Strategy
   with a grade of "C" or above; or 
- Passing a comprehensive written examination with three parts: (1) BUSI 200, 210 
  Principles of Accounting I and II
  ; (2) ECON 200 
  Microeconomic Theory
   and ECON 210 
  Macroeconomic Theory
  ; and (3) a concentration based on two upper-level courses, both of which are either accounting or economics courses.  
- Successful completion of an economic research project in conjunction with the Baker Prize in Economics. 
 The grade for the Senior Capstone Experience is based on either the 
Economic Research
course, the 
Corporate Strategy
course, the written comprehensive examination, or determined by the faculty member sponsoring the Baker Prize research project. 
The Baker Prize in Economics is awarded in the spring to a rising senior majoring in the Economics and Business Department. Students compete for this award by submitting a proposal for an economic research project over the following summer under the supervision of a Hendrix College Economics Professor. The Baker Prize winner receives a stipend, and the completed research project can be used to satisfy the senior capstone requirement as well as an Odyssey undergraduate research (UR) credit.