2004-2005 Business

2004 - 2005 Business

Program Goals | Program Requirements | Plan of Study | Bachelor of Arts Option | Business Minor

Program Director: Vicki Whiting
Faculty: Shannon Bellamy, Kimberly Dodson, Steve Hurlbut, Brian Jorgensen, Ken Meland, Alysse Morton, Nancy Panos Schmitt, Kirk Wessel, Georgia White, Vicki Whiting, Kelvin Willoughby

Program Goals

The Business major is designed to give students the skills and knowledge necessary to be successful in today's dynamic business environment. Students get exposure to all functional areas of business, preparing them to manage large and small businesses. Students choose an area of specialization to `get a greater focused understanding of one functional area in additional to the general preparation. Students majoring in Business, in addition to demonstrating knowledge in their areas of specialization, should:

  • Understand the context, nature, role, and significance of management activities as undertaken by managers in a range of organizations.
  • Demonstrate the use of key financial and management accounting techniques to contribute to the effective financial management of business.
  • Demonstrate strategic and ethical awareness, an understanding of the process of change in organizations, and analyze and evaluate options open to organizations involved in the process of formulating business strategies.
  • Recognize the various types of business liabilities, their interrelationships, and substantive legal rules in relation to business.
  • Demonstrate an ability to apply business-specific tools of research, analysis, decision-making and evaluation to a wide range of scenarios, cases, and problems.

Students majoring in Business may opt for a Bachelor of Science in Business degree or, with the completion of an approved minor (see listing below), a Bachelor of Arts degree. The Business curriculum provides students the opportunity to concentrate in a specific area of business or the flexibility to choose electives across a variety of business disciplines. Concentrations are available in accounting, finance, human resource management, information resource management, management, marketing, and general business.

Program Requirements

Students must maintain a minimum 2.3 GPA in business program course work to be eligible for a Bachelor's degree in Business.

For course prerequisites, please refer to the course description.

Liberal Education Courses

Credit Hours

Business students should take the following courses as part of the liberal education (LE) requirements. These courses must be completed before registering for upper division business courses:

ECON 253 Elementary Macroeconomics (LE Group 3)
ENGL 110 Composition and Research (LE Skills Requirement)
MATH 141 College Algebra (LE Group 10)
MATH 150 Elementary Statistics (LE Skills Requirement)






4
4
4
4

 

Requirement Description

Credit Hours

I.

Foreign Language Requirement

8

Business majors must complete eight credit hours in one of the following ways:

  • Four credit hours of a foreign language, and either: four credit hours of a Westminster May term/summer international study tour, or four credits of an international study tour transferred from an accredited college or university.
  • Eight credit hours of a single foreign language.

See Foreign Language Requirement for equivalencies, AP and CLEP credit policy.

II.

Lower Division Business Courses

24

MGMT 110 Historical Traditions of Business and Entrepreneurship
ACCT 213 Accounting Principles
ECON 253 Elementary Macroeconomics
ECON 263 Elementary Microeconomics
IRM 200 Principles of Information Resource Management
MATH 150 Elementary Statistics

4
4
4
4
4
4

III.

Upper Division Business Courses

28

ACCT 313 Managerial Accounting
ECON An additional upper division Economics course
FINC 307 Corporate Finance
MGMT 305 Principles of Management
MGMT 325 Business and Employment Law
MGMT 485 Strategic Management
MKTG 300 Principles of Marketing

4
4
4
4
4
4
4

IV.

Business Concentrations (Required)

12

Students must choose a concentration from the following areas: accounting, finance, human resource management, management, management information systems, marketing, or general business.

ALL CONCENTRATIONS REQUIRE 12 CREDIT HOURS.

Accounting
ACCT 350 Intermediate Accounting I (4)
ACCT 360 Intermediate Accounting II (4)
ACCT Elective from ACCT 374, 412, 441*, 454, 474, 484 (4)

Finance
FINC 309 Concepts & Applications of Corp. Finance (4)
Two electives from FINC 305, 310, 412, 441*, 435; ECON 303 (8)

Human Resource Management
HRM 410 Human Resource Management (4)
Two electives from HRM 430, 412, 441*; ECON 420 (8)

Management
MGMT 309 Operations Management (4)
Two electives from HRM 410; MGMT 412, 433, 441*, 460, 474 (8)

Information Resource Management
Three electives from IRM 402, 403, 404, 441* (12)

Marketing
MKTG 303 Professional Selling (4)
MKTG 435 Marketing Research and Planning (4)
Marketing elective from MKTG 338, 340, 412, 441* (4)

General Business
FINC or ACCT any additional upper division course (4)
MGMT or HRM any additional upper division course (4)
MKTG any additional upper division course (4)
*Note: 441 may not be used to complete both the Practice/ Experience requirements and the upper division elective requirement.

V.

Practice/Experience Courses

2 - 4

Any Business Discipline 440* Internship
or
Any Business Discipline 441* Business Practicum
or
Any Business Discipline 442* Professional Portfolio

*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.

2 - 4

4

2



TOTAL HOURS FOR BUSINESS

74 - 76

Note: All students must complete 124 hours of coursework to graduate, 40 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Undergraduate Degree Requirements section of this catalog for information about restrictions when completing a major and a minor or two majors.

Recommended Plan of Study for Business

In order to complete all major requirements, Business majors should plan to take business courses in the following stages, subject to scheduling and availability constraints, in conjunction with other required courses and electives.

Freshman - Sophomore

Sophomore - Junior

ACCT

213 Accounting Principles

ACCT

313 Managerial Accounting

ECON

253 Elem Macroeconomics

ECON

263 Elem Microeconomics

IRM

200 Princ of Info Res Mgmt

FINC

307 Corporate Finance

MGMT

110 Hist/Trad of Bus & Entrep

MGMT

305 Princ of Management

MATH

141 College Algebra

MGMT

325 Business Law

MATH

150 Statistics

MKTG

300 Princ of Marketing

Foreign Language

Foreign Language

Junior - Senior

ECON

Upper Division Elective

440/441/442 Intern/Prac. Reqrmnt

Upper Division Bus. Concentration Req's.
MGMT 485 Strategic Practicum

Bachelor of Arts Option

Students completing the bachelor of arts option must also complete an academic minor from one of the following areas: Anthropology, Art, Communication, Computer Science, Economics, English, Environmental Studies, French, Gender Studies, History, Music, Philosophy, Religion, Physics, Political Science, Psychology, Social Science, Sociology, Spanish, or Theatre Arts. Completion of a minor is required for the B.A. degree. Students who elect to complete a minor may elect to receive either a B.A. or B.S. degree.

Students who complete either a Bachelor of Science or Bachelor of Arts in Business may have the option, based on MBA admission, of completing an accelerated Master of Business Administration degree. A minimum of 36 graduate credit hours are required to complete the program and earn the Master of Business Administration degree in conjunction with the requirements of the B.S. or B.A. in Business program.

Note: Students who wish to participate in the MBA program should plan to take the GMAT and apply for admission to the MBA program during their senior year. Students are encouraged to meet with their program advisor for specific requirements. Information on the MBA program admission requirements is found in the MBA section of this catalog.

Business Minor (for non-business majors only)

Requirement Description

Credit Hours

I.

Required Courses

24

ACCT 213 Accounting Principles
ECON 253 Elementary Macroeconomics, LE
ECON 263 Elementary Microeconomics
MGMT 110 Historical Traditions of Business and Entrepreneurship
MGMT 305 Principles of Management
MKTG 300 Principles of Marketing

4
4
4
4
4
4

TOTAL HOURS FOR BUSINESS MINOR

24