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MINORS FOR NON-BUSINESS STUDENTS

Minor in Business Administration

The minor in business administration is designed to provide a basic understanding of business functions. The psychologist who goes into private practice soon discovers that he or she is running a business; the music major who wants to open a new production quickly learns that it cannot be done without capital. The program consists of the following courses:

BA B100, Introduction to Business
3
ACCT B202, Financial Accounting Information for Decision Making
3
ECON X130, Economics and Society or ECON B200, Principles of Microeconomics or ECON B201, Principles of Macroeconomics
3
FIN B200, Personal Finance*
3
LGST B205, Legal Environment of Business
3
MKT B280, Basic Marketing
3
MGT B345, Management and Organizational Behavior
3
TOTAL
21

* FIN B300 may be substituted for students meeting the prerequisites.

(Note: Junior standing is a prerequisite to all 300- or 400-level business courses.)

Minor in Economics

Economics is a study of human behavior and decision making. More specifically, economics is a way of thinking about human action and about how and why individuals make the choices which they make. The basic and enduring strength of economics is that it provides a logical, ordered way of looking at various problems and issues.

An undergraduate major or minor in economics is an ideal preparation for graduate work. A good portion of the content of an M.B.A. program is based on economics. Economics also offers excellent preparation for law school.

 

Cr. Hrs.

College Math
3
ECON B200 — B201, Principles of Micro- and Macroeconomics
6
ECON B305, International Economics
3
Economics Electives, 300- or 400-level
9
TOTAL
21

Minor in Entrepreneurship

 

Cr. Hrs.

ACCT B202 Financial Accounting Information for Decision Making
3
ECON X130 Economics and Society or ECON B200 Principles of Microeconomics
3
LGST B205 Legal Environment of Business
3
MKT B280 Basic Marketing
3
MGT B345 Management and Organizational Behavior
3
MGT B430 Small and New Venture Development
3
BA B405 New Venture Funding
3
BA B410 Business Plan Development
3
TOTAL
24

Minor in Marketing

The marketing minor is designed for students with majors in disciplines outside business who will benefit in their future careers from a knowledge of the principles of marketing. The minor emphasizes decision making within the framework of the total marketing process for people in such areas as advertising, communications, music, law, political science, public affairs, and psychology.

 

Cr. Hrs.

BA B100, Introduction to Business
3
ECON X130, Economics and Society, or ECON B200, Principles of Microeconomics
3
MKT B280, Basic Marketing
3
Marketing Electives
12
TOTAL
21

(Note: Junior standing is a prerequisite to all 300- and 400-level business courses.)

Pre-M.B.A.

The pre-M.B.A. minor introduces the student to the functional areas of business and the basic tools of business analysis. In addition, the pre-M.B.A. minor provides the student with all the foundation courses required for the M.B.A. program at Loyola. The pre-M.B.A. minor consists of the following courses:

 

Cr. Hrs.

ACCT B202, Financial Accounting Information for Decision Making
3
ACCT B203, Managerial Accounting Information for Decision Making
3
DECS B205, Business Statistics
3
ECON B200, Microeconomics
3
ECON B201, Macroeconomics
3
FIN B300, Financial Management**
3
MGT B310, Human Resource Management
3
MGT B325, Production and Operation Management
3
MGT B345, Management and Organizational Behavior
3
MGT B335, Advanced Business Communication
3
MKT B280, Basic Marketing
3
TOTAL
33

The grade of B or higher must be earned in each course in order to waive the equivalent graduate basic core course.

* Course has college math prerequisite.

** The graduate basic core course is waived only upon successful completion of a waiver exam.

MINORS FOR BUSINESS STUDENTS

Minors are available through the College of Arts and Sciences, College of Music, and City College. Courses required for the minor will be counted as non-business electives. Upon completion of these courses, nine hours may be applied to the business elective portion of the curriculum. Further information about specific requirements may be obtained in the College of Business Administration’s office of student records. The college offers three minors for students with a business major.

Minor in International Business

Modern Foreign Language
6
Political Science or History (International Focus, e.g., HIST A220, Latin American Studies)
3
ECON B305, International Economics or B325, International Finance
3
MGT B315, International Management or MKT B330, International Marketing
3
BA B435, Multinational Business Strategy or B400, Global Startups
3
TOTAL
18

Minor in Legal Studies

POLS A100, Introduction to American Government
3
SPCH A100, Fundamentals of Speech
3
PHIL A201, Practical Logic or A206, Introduction to Symbolic Logic
3
Choose four:
LGST B205, Legal Environment of Business*
3
LGST B301, Business Law I*
3
LGST B302, Business Law II
3
POLS A300, Constitutional Law I
3
POLS A301, Constitutional Law II
3
ECON B330, Law and Economics
3
ACCT B300, Federal Tax Accounting**
3
CMMN A401, Law of Mass Communications**
3
CMMN A420, Regulations of Broadcasting and Cable**
3
TOTAL
21

* Must choose one of these.

** Courses have prerequisites.

Minor in Entrepreneurship

MGT B430, Small and New Venture Development
3
BA B405, New Venture Funding
3
BA B400, Global Startups
3
BA B410, Business Plan Development
3
Choose two:
INTB B370, Import/Export Operations
3
ECON B415, Fundamentals of Pricing
3
FIN B305, Analysis of Financial Statements
3
MGT B310, Human Resource Management
3
MGT B420, Leadership and Team Building
3
MKT B390, Consumer Analysis and Research
3
MKT B340, Promotions Management
3
MKT B320, Retail and Value Chain Management
3
MKT B385, Business to Business Selling
3
TOTAL
18

Emphasis in Music Industry Studies

MUGN M110, Intro to Music Industry Studies
3
MUGN M105, Music Industry Musicianship
3
MUIN M205, Legal Issues in Music Industry
3
MUIN M250, Music Marketing and Promotion
3
MUIN M310, Music Finance
3
MUIN M350, Music Management and Concert Production
3
MUIN M400, Music Entrepreneurship
3
TOTAL
18

Updated July 23, 2005