Catalog Year

Years 2019-2020

Degree

Minor

Credits

21

Locations

Mankato

Bus Ad: General Minor

The minor in Business Administration is geared toward non-business majors interested in a broad scope of business courses and skills. Coursework includes accounting, finance, marketing, management and economics. 

 

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Program Requirements

Core

The accounting process, financial statement preparation, and analysis. Includes the accounting cycle, asset, liability and equity accounting. Emphasis on use of accounting data.

Prerequisites: MATH 112, MAT 115, MATH 121, MATH 130, or MATH 181. MIS majors take COMS 110.

An introduction to finance relating to problems, methods, and policies in financing business enterprise.

Prerequisites: ACCT 200, Jr. Standing

This course examines basic management concepts and principles, their historical development, and their application to modern organizations. Topics covered include planning, organizing, decision making, leadership, control, and organizational change. In addition, the course includes an introduction to business ethics and social responsibility, human resource management, organizational design and organizational behavior.

Prerequisites: none

This course provides a basic understanding of marketing concepts with emphasis on the pricing, promotion, and distribution of need satisfying products and services in domestic and international markets. The format of the course consists of lectures, case discussions, application exercises, projects, exams, and in-class group assignments.

Prerequisites: none

Restricted Electives

Choose 9 - 10 Credit(s). At least 6 credits must be 300- or 400-level courses.

Preparation and analysis of cost-based management reports: use of cost information to make short-term operating decisions and long-term capital decisions.

Prerequisites: ACCT 200

An in-depth analysis of financial accounting concepts and procedures, and includes coverage of the income statement, balance sheet, time value of money, receivables and inventories. Prereq: ACCT 218, ACCT 210 or ACCT 217. Grade of B- or better in prerequisite courses. Fall, Spring

Prerequisites: ACCT 200

Emphasizes product and service costing, including job order and process costing systems. Other related topics are budgeting, pricing, cost-volume-profit analysis, standards and variance analysis. Prereq: ACCT 210 with grade of C or better Fall, Spring

Prerequisites: ACCT 200 or ACCT 210 

The course examines the principles and procedures relating to the determination and computation of federal income taxes for an individual. Federal estate tax, gift tax, and income taxation of estates and trusts are also examined.

Prerequisites: ACCT 200, ACCT 210

Application of law to business settings; the American court system; alternative dispute resolution; ethics and the social responsibility of business; fundamentals of legal reasoning; sources of law; constitutional, criminal, tort, and contract law; business associations.

Prerequisites: none

Fundamentals of contracts, the law of sales under the UCC; the legal liability of accountants to clients and third parties. Formation of contracts; statute of frauds and parol evidence rule; contract performance; remedies for breach of contract; scope of UCC Article Two; sales warranties; remedies for breach of contracts.

Prerequisites: BLAW 200 

Federal employment discrimination laws; sexual harassment; first amendment rights; employee safety; workers' compensation; privacy; wrongful termination; federal laws governing the right to organize and bargain collectively; emerging issues.

Prerequisites: BLAW 200 

Emphasis on forces influencing employment and inflation. Current problems of the economy are stressed along with tools government has to cope with them.

Prerequisites: none

Goal Areas: GE-05

Examines decision making by the individual firm, the determination of prices and wages, and current problems facing business firms.

Prerequisites: none

Goal Areas: GE-05

Basic statistical methods including measures of central tendency and dispersion, probability, probability distributions, sampling, problems of estimation and hypothesis testing in the case of one and two sample meaans and proportions. Chi-Square, one-way analysis of variance, simple regression and correlation analysis, and brief introduction to multiple regression analysis. Use of computer statistical packages required.

Prerequisites: MATH 112 or equivalent

Goal Areas: GE-02, GE-04

Introduction to analytic tools and techniques using business applications.Grading Method

Prerequisites: ECON 207

Examination of the fundamentals of the insurance industry; the risk management process; and commercial insurance exposures and policies including commercial property, general liability, and workers' compensation.

Prerequisites: none

International dimensions of business: global business environment (economic, cultural, legal, political) and international business functions (management, marketing, finance, exporting, importing). Junior standing

Prerequisites: Junior Standing 

Managerial approach to marketing decision making in multicultural market situations.

Prerequisites: MRKT 210, IBUS 380

This course examines cross-cultural differences in business practices. Among the topics covered are the differences in management styles, multiculturalism, international negotiations, as well as international human resource issues, social responsibility and ethics in a global context, international labor relations, cultural synergy and multicultural teams.

Prerequisites: none

International finance functions in a corporation include currency issues, investment, financial markets interacting, raising debt and equity, and export financing.

Prerequisites: IBUS 380 

This course is designed to introduce students to the Management Information Systems and its application in organizations. The course will present to the students the information systems role to support the various managerial activities, and to help the students identify and evaluate various options in Management Information Systems.

Prerequisites: ISYS 101 or IT 101

This course is designed to develop a students personal creativity and help a student identify the process of organizational innovation. The course is comprised of a combination of short lecture, in-class discussion of readings and videos, writing assignments, an elevator pitch and group activities.

Prerequisites: none

This course examines the effective management of the human resources of organizations. Topics include analyzing jobs and writing job descriptions; recruiting and hiring of applicants; complying with employment law; managing promotions, quits, and layoffs; employee training and development; evaluating job performance; determining compensation; and managing human resources in a unionized environment.

Prerequisites: none

Concepts, theories, and empirical research on organizational behavior are studied. Models and tools for diagnosing situations, individual behavior, group behavior, intergroup conflicts, supervisory problems and organizational change are analyzed.

Prerequisites: none

The course is designed to provide basic human motivation theories, and develop persuasive communications strategies and applications necessary in the field of professional selling. The course takes a hands-on approach to professional selling techniques with the use of sales presentations, sales manuals, and exams.

Prerequisites: MRKT 210

Students will learn about consumer decision styles, perceptions, group influences, family decision-making, lifestyles, shopping behaviors and domestic and international trends related to marketing strategies. The framework consists of individual or group projects, usually requiring some personal interviewing, exams, and reports.

Prerequisites: none

Integrated Marketing Communications provide an understanding of the elements of the marketing communications mix ¿ advertising, public relations, personal selling, sales promotion and corporate sponsorship ¿ through traditional and digital media.

Prerequisites: MRKT 210