Business Minor

Required
Select 18 semester hours from the courses listed. Students may not count both ACCT 300U and ACCT 301U toward the minor. MATH 103U or higher should be taken before FIN 360U, MATH 265U or MGMT 342U. Students preparing for graduate studies in business should review specific admission requirements and recommendations for masters programs of interest.

• ACCT 300U: Survey of Accounting Principles (3 sem. hrs.)
  Analytical and interpretative approach to the study of financial and managerial accounting. Emphasizes effects of transactions on financial statements; interrelationships among financial statements; use of financial statements, cost accounting, and budgets for decision-making.
• ACCT 301U: Fundamentals of Financial Accounting (3 sem. hrs.) Offered Fall 2007, Fall 2008, Fall 2009
  Basic theory, concepts, and procedures necessary to develop and interpret publicly reported financial accounting data.
• ACCT 302U: Fundamentals of Managerial Accounting (3 sem. hrs.) Offered Spring 2008, Spring 2009, Spring 2010
  Basic theory, concepts, and procedures necessary to develop and interpret managerial accounting data, including cost and budget information, and capital project evaluations, for managerial decision-making.
   Prerequisite: ACCT 300U or ACCT 301U recommended
• ECON 201U: Microeconomics (3 sem. hrs.) Offered Fall 2008
  Study of supply and demand, market structure, production, market failure (e.g., pollution), and benefits and costs of government intervention.
• ECON 202U: Macroeconomics (3 sem. hrs.) Offered Fall 2007, Spring 2009
  Study of inflation, unemployment, GDP determination, money supply, balance of payments, currency markets, role of fiscal and monetary policies.
• FIN 360U: Principles of Financial Management (3 sem. hrs.) Offered Fall 2008, Fall 2009
  The foundations and tools of finance, including examination of financial markets, investments, and financial management in large corporations, small businesses, and personal financial planning.
   Prerequisite: MATH 103U or higher, and ACCT 301U or equivalent preparation in financial accounting are required. Statistics course also recommended; may be taken concurrently.
• LAW 300U: Business Law (3 sem. hrs.) Offered Spring 2008, Spring 2009, Summer 2010
  Principles of law relating to legal problems encountered in work environment, including contracts, business organizations, and secured transactions.
   This class may be used as a focus course for Paralegal Studies majors and may be used for the Business minor.
• MATH 265U: Applied Statistics (3 sem. hrs.) Offered Spring 2009, Spring 2010
  Fundamentals of statistical methods supporting data analysis for decision-making in social sciences, life sciences, and business. Descriptive statistics measuring central tendency and dispersion, basic probability, random variables, sampling distributions and statistical inference, confidence intervals, hypothesis testing, regression and correlation.
   Prerequisite: MATH 103U or higher recommended
• MGMT 341U: Principles of Management (3 sem. hrs.) Offered Summer 2007, Fall 2007, Summer 2008, Summer 2009
  Fundamentals of management emphasizing application of scientific methods to solution of business problems; illustrations from various types of organizations, including manufacturing and service industries, government, charitable, and other social institutions.
• MGMT 342U: Operations Management (3 sem. hrs.) Offered Summer 2008
  The management of production and service operations in corporate, government, and non-profit organizations, matching supply with demand. Analyze flow rates and bottlenecks throughout the supply chain. Implement and interpret forecasting, statistical process control, inventory control, and waiting line models.
   Prerequisite: Statistics and economics
• MKT 321U: Principles of Marketing (3 sem. hrs.) Offered Summer 2007, Fall 2007, Spring 2008, Summer 2008, Spring 2009, Summer 2009, Spring 2010
  Institutions involved, functions performed, and problems encountered in getting goods and services from producers to consumers.