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 | 3 |
| ECON X130, Economics and Society or ECON B200, Microeconomics or ECON B201, Macroeconomics | 3 |
| FIN B200, Personal Finance* | 3 |
| LGST B205, Legal Environment of Business | 3 |
| MKT B280, Basic Marketing | 3 |
| MGT B245, 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, 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 | 3 |
| ECON X130 Economics and Society or ECON B200 Microeconomics | 3 |
| LGST B205 Legal Environment of Business | 3 |
| MKT B280 Basic Marketing | 3 |
| MGT B245 Management & 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, 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 | 3 |
| ACCT B203, Managerial Accounting | 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 Management | 3 |
| MGT B245, 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 awaiver exam.