Catalog Version

Summer/Autumn 2013
Catalog update:
May 15, 2013

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Students are required to follow the Academic Handbook and Code of Student Responsibility​​

Available to students outside of the Driehaus College of Business, those students who minor in Business Administration will acquire a general foundation in business, including the fields of accounting, business law, economics, finance, management, and marketing.

Declaration Requirements

To declare a minor in Business Administration, a non-Driehaus student must meet the following requirements:

  • Completion of one of the following courses with a minimum grade of C-:
    • ACC 101 Introduction to Accounting I
    • BLW 201 Legal and Ethical Aspects in the Business Environment
    • ECO 105 Principles of Microeconomics
  • No grade lower than C- in any of the courses above

Course Requirements

A non-Driehaus student minoring in Business Administration is required to complete the following courses totaling at least 32.0 hours:

The requirement for a course in statistics may be satisfied through the completion of the LSP 120 and LSP 121 sequence.

Degree Conferral Requirements

All Management (MGT), Business Law (BLW), and Interdisciplinary Commerce Studies (ICS) courses and any other courses used toward the Business Administration minor must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.

LSP 120


This course provides a mathematical foundation for students to become confident and critical users of quantitative information of all kinds: numerical, graphical, and verbal. Students analyze data from a wide variety of fields, making and critiquing quantitative arguments. Mathematical topics include proportional reasoning and rates, the making and interpretation of graphs, linear and exponential models, logarithms, and finance. The course is taught in a hands-on laboratory environment where students are introduced to computer tools for data analysis and presentation. PREREQUISITE(S): MAT 100, MAT 101, or demonstrating readiness via the math placement test taken at matriculation. As an alternative to taking LSP 120, this requirement can be met by passing a separate LSP 120 Proficiency Exam (see A student whose major requires calculus is exempt from this requirement. Formerly ISP 120.
ISP 110 or MAT 100 or MAT 101 or placement by test is a prerequisite for this class.

LSP 121


This course provides more advanced mathematical and computational methods in the analysis and interpretation of quantitative information. Topics include databases, descriptive statistics, measures of association and their interpretation, elementary probability theory, and an introduction to algorithms and computer programming. The course is taught in a hands-on laboratory environment where students are introduced to advanced computer tools for data analysis, including databases and a professional statistical software package. PREREQUISITE(S): LSP 120 or a passing score on the LSP 120 Proficiency Exam. As an alternative to taking LSP 121, this requirement can be met by passing a separate LSP 121 Proficiency Exam (see A student whose major requires calculus is exempt from this requirement. Formerly ISP 121.
LSP 120 or (MAT 147 or above) is a prerequisite for this class.

ACC 101


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. . ACC 100 is a mandatory lab component of ACC 101, except for Summer and Strobel Honors sections.
MAT 130 is a prerequisite for this class.

ACC 102


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.
ACC 101 is a prerequisite for this class.

BLW 201


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.
Sophomore standing is a prerequisite for this class.

ECO 105


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.
MAT 130 or equivalent is a prerequisite for this class.

FIN 290


This course will provide to non-business majors a foundation in the concepts and basic tools used in finance and financial management of the business firm, including time value of money, risk and return, interest rates and how companies raise money and reward their investors. Students will be able to understand at a basic level the financial statements, ratios and performance measures and financial markets and institutions they are likely to encounter in a general business environment. Students will also learn how to analyze and make more effective the operations of the firm from a financial perspective.

MGT 300


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.
At least 88 cumulative units is a prerequisite for Business courses that require Junior standing.

MKT 301


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.
MAT 137 or equivalent is a prerequisite for this class.