Declaration Requirements
To declare a major in Business Administration, a student must meet the following requirements:
- Completion of 28.0 hours at DePaul University
- The following courses must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher: ACC 101, ACC 102, BLW 201, ECO 105, ECO 106, MAT 135, MAT 136, and MAT 137
- A minimum cumulative DePaul grade point average of 2.000
- A minimum grade point average of 2.000 for Management (MGT) courses and all courses used to meet major requirements
- No grade of IN, R, or lower than C- in any Management (MGT) course or course used toward the Business Administration major
- Completion of MGT 300 and BLW 201 with a minimum grade of C- in each course
Course Requirements
A student majoring in Business Administration is required to complete the following courses totaling at least 30.0 hours:
- Two required courses:
- Six electives to be chosen from:
- Economics Elective
- Finance Elective
- Management Elective
- Marketing Elective
- Business Elective
- Business Elective
The Economics, Finance, Management, and Marketing Electives are to be 300-level courses chosen from each department specified. The two Business Electives are to be 300-level courses chosen from any Driehaus College of Business program or department. ECO 315, FIN 310, FIN 320, ICS 392, MGT 300, MGT 301, MKT 301, and MKT 310 may not be used toward the major. MKT 376 may not be used when also used for the Communication requirement. ICS 394, ICS 395, or ICS 396 may not be used when also used for the Business Capstone requirement.
BLW 202 may be used within Business Administration as a Management Elective or Business Elective.
Open Electives
Open elective credit (16.0 hours) is needed to meet the minimum graduation requirement of 192 hours.
Global Business Perspective
If any course is shared between Global Business Perspective and the Business Administration major, additional hours of Open Elective credit are required.
Degree Conferral Requirements
All Management (MGT) and Business Law (BLW) courses, ICS 394 and/or ICS 395, and any courses used toward the Business Administration major must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.
ACC 101
INTRODUCTION TO ACCOUNTING I
Introduction to Accounting I, provides an introduction to financial accounting as the means of recording, storing and summarizing economic events of the business enterprise to meet external reporting needs. Emphasis is placed on the preparation and analysis of financial statements and other financial reports to the public based on the accounting equation, accrual accounting concepts, and data gathering techniques. Topics include corporate accounting for current and long term assets and current liabilities, and the corporate income statement.
Prerequisites:
MAT 130 is a prerequisite for this class.
ACC 102
INTRODUCTION TO ACCOUNTING II
Introduction to Accounting II, a companion and sequel course to Accounting 101, continues to explore basic accounting fundamentals and concepts. The course provides an introduction to managerial accounting and internal reporting. Topics include financial accounting for long-term liabilities, the components of stockholders equity, the statement of cash flows, financial statement analysis, budgeting and variance analysis, job costing for the service sector and cost analysis for decision-making.
Prerequisites:
ACC 101 is a prerequisite for this class.
BLW 201
LEGAL & ETHICAL ASPECTS IN THE BUSINESS ENVIRONMENT
Legal and Ethical Aspects in the Business Environment. Study of the nature and philosophy of law including ethical perspectives and fundamental concepts and legal principles of sales contracts, product liability, business organizations, and employment law including ethical and social responsibilities in the managerial process.
Prerequisites:
Sophomore standing is a prerequisite for this class.
ECO 105
PRINCIPLES OF MICROECONOMICS
Principles of Microeconomics. Basic theories of micro (or individual) economic units; the theory of consumer demand, the firm, and distribution; pricing and production in competitive, monopolistic and oligopolistic industries.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.
ECO 106
PRINCIPLES OF MACROECONOMICS
Principles of Macroeconomics. Fundamental theories of macro (or aggregate) economics: supply and demand, national income accounting and analysis, and international trade. Analysis of unemployment, and inflation, and policies designed to combat these and other current problems.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.
MAT 135
BUSINESS CALCULUS I
Differential calculus of one or more variables with business applications. Formerly BMS 125.
Prerequisites:
MAT 130 or equivalent is a prerequisite for this class.
MAT 136
BUSINESS CALCULUS II (FORMERLY BMS 126)
Integral calculus, matrix algebra, and probability theory with business applications. Formerly BMS 126.
Prerequisites:
BMS 125 is a prerequisite for this class.
MAT 137
BUSINESS STATISTICS
Basic concepts of statistics and applications; data analysis with the use of Excel; theoretical distributions; sampling distributions; problems of estimation; hypothesis testing; problems of sampling; linear regression and correlation. Formerly BMS 142.
Prerequisites:
MAT 136 or equivalent is a prerequisite for this class.
MGT 300
PRINCIPLES OF MANAGEMENT
Effective application of managerial techniques and concepts to continually improve an organization's competitive position in the marketplace. Topics include management processes, values and attitudes, ethics and diversity, the global environment of management, strategic planning, organizational structures, motivation, leadership, teams, human resources, organizational control, and organizational communications.
Prerequisites:
At least 88 cumulative units is a prerequisite for Business courses that require Junior standing.
BLW 203
BUSINESS ORGANIZATIONS
Types of business organizations; emphasis on Partnership and Corporation. Relations of parties to one another, and to third parties; comparisons between the two types and mechanics of forming and operating each.
Prerequisites:
BLW 201 is a prerequisite for this class.
MGT 202
MAKING SENSE OF MANAGERIAL DATA
This course is designed to encourage and enable students to think creatively and critically about data analysis as a tool in managerial decision making. Today organizations are swamped with data, however making the most effective and efficient use of that data is a continuing challenge. This course will provide students an opportunity to practice some of the skills associated with turning data into useful information for sound managerial decision making.
Prerequisites:
MAT 137 or equivalent is a prerequisite for this course.
ECO 315
INTRODUCTION TO MONEY AND BANKING
Introduction to Money and Banking. The structure of the American banking system; role of the Federal Reserve System; private financial markets and institutions; the effectiveness of monetary policy, and international finance.
Prerequisites:
ECO 105, ECO 106 and (MAT 130 or equivalent) are a prerequisite for this class.
FIN 310
INTRODUCTION TO FINANCE
This course introduces students to the logic, principles, institutions, and terminology of finance. The goal of the course is to provide students with a basic understanding of the role of finance and its functions. It is designed to familiarize the students with tools necessary for making sound financial decisions, both at a personal level and at an enterprise level.
Prerequisites:
ACC 101, ACC 102, ECO 105, ECO 106 and (MAT 135, MAT 136 and MAT 137 or equivalents) are prerequisites for this class.
FIN 320
MONEY AND BANKING
Study of money and banking as a means to understanding how operations of our financial institutions affect functioning of our economic system and evaluation of monetary policies and goals.
Prerequisites:
FIN 310 is a prerequisite for this class.
ICS 392
SENIOR SEMINAR
A variety of Senior Seminars is offered every term. Individual sections focus on selected content areas reflecting issues facing business in contemporary society. These seminars are designed to enable and encourage students to see the world differently, to reflect on those differences and to communicate, both orally and in writing, the results of that reflection.
Prerequisites:
Senior standing is a prerequisite for this class.
MGT 301
PRINCIPLES OF OPERATIONS MANAGEMENT
Operations management focuses on the effective application of managerial techniques and concepts related to the delivery of services, manufacturing, and supply chain processes. Topics may include operations strategy, forecasting, project management, quality management, supply chain management, facility location and layout, productivity, inventory management, and scheduling.
Prerequisites:
ACC 101, ACC 102, ECO 105 and (MAT137 or equivalent) are a prerequisite for this class.
MKT 301
PRINCIPLES OF MARKETING
Marketing 301 introduces basic marketing terminology and the relationships between and among these terms relevant to the creation and implementation of basic marketing strategy. The course content also focuses upon the controllable and uncontrollable variables which have bearing on the success or failure of marketing programs. The course also provides students with opportunities to demonstrate their ability to connect concepts discussed in the text and those same concepts appearing in academic and practitioner publications and popular business periodicals.
Prerequisites:
MAT 137 or equivalent is a prerequisite for this class.
MKT 310
CONSUMER BEHAVIOR
An analysis of the environmental, social and psychological factors that influence an individual's consumer decisions. Specific areas studies will be consumer motivation, attitudes, learning and decision processes, as well as lifestyles, reference groups, communication and cultural influences.
Prerequisites:
MKT 301 is a prerequisite for this class.
MKT 376
EFFECTIVE BUSINESS COMMUNICATION
This course is designed to expand the participant's communication skills through the application of the principles of communication science and the psychology of persuasion in a contemporary business setting. Students are shown how to develop successful communication and message packaging strategies useful in a variety of communication venues including: memos, meetings, briefings, interviews and individual and team presentations. Oral presentations and written communication techniques are explored including use of visuals, computer graphics, and layout techniques. The mechanisms of Speech Apprehension (stage fright) are presented as well as techniques for management and reduction of this common, debilitating phenomenon. Personal ethics and credibility are explored as important components of effective communication, both individually and as part of a team.
ICS 394
ENTREPRENEURSHIP STRATEGY
This course is an overview of strategic management applied to entrepreneurial enterprises. General business management problems integrating marketing, accounting, finance and management functions are analyzed from the perspective of the CEO or entrepreneur concerned with start-up and planning of a new venture. The case method is used in this course and real "live" cases may be analyzed. The entrepreneurial process is investigated, including entrepreneurial characteristics, trends in the small business sector of the global economy, start-up and growth strategies and nurturing creativity in organizations. Focus is placed on either a consulting project with a small business or community organization, which may require time outside of class for the project, or on case studies.
Prerequisites:
(FIN 290 or FIN 310), MGT 300, MKT 310 and senior standing are a prerequisite for this class.
ICS 395
MANAGEMENT STRATEGY
Management strategy is a course which synthesizes the functional business activities into a general management perspective of the business enterprise. This course presents a conceptual framework for understanding the operation of the firm within the global business environment. Corporate strategy is examined from the perspective of: strategic choice, the link between strategy and organization, and the management of strategic change. Examples will be drawn from service, manufacturing, and not-for-profit organizations. The course emphasizes the use of group decision-making, self-directed work teams, and formal group reports and presentations.
Prerequisites:
MGT 300, MKT 310 and FIN 310 are a prerequisite for this class.
ICS 396
HOSPITALITY STRATEGY
Hospitality strategy is a capstone course designed to expose students to a strategic perspective on issues that concern the firm as a whole. This viewpoint is integrative in that it draws on concepts from the functional disciplines (i.e. Marketing, Finance, Accounting, Operations) in the diagnosis, analysis and resolution of complex business situations. Students will read, discuss and apply a body of theory and techniques from the field of strategic management. The course emphasizes the development of practical problem solving skills. Corporate strategy is examined from the perspective of: strategic choice, the link between strategy and organization, and the management of strategic change. Examples will be drawn from various hospitality operations around the world. The course emphasizes the use of group decision-making, self-directed work teams, and formal group reports and presentations.
Prerequisites:
Senior standing is a prerequisite for this class.
BLW 202
COMMERCIAL PAPER AND SALES
History of negotiable instruments and sales law from the days of the Law Merchant through Articles II and III of the Uniform Commercial Code; discussions of promissory notes, drafts, sales, bulk sales, and recent trends.
Prerequisites:
BLW 201 is a prerequisite for this class.