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Business Minors

The following business minors are offered by the College of Business. All minors are open to students from majors outside of business.

  • Accounting (not available to accounting-option students)
  • Business Administration (not available to business-major students)
  • Entrepreneurship and Small Business Management
  • Finance (not available to business students in the finance option)
  • International Business
  • Management of Information Technology

The Accounting minor is not available to business students in the accounting option, and the Business Administration minor is not available to students in any option in the College of Business. The Entrepreneurship, International Business, and Information Technology minors are open to students in any major.

In accordance with the Board of Regents' policy, students must earn a C- or better in all courses in a minor.


ACCOUNTING MINOR

The course work in the Accounting minor helps students understand the role that accounting plays in business decisions. Students who minor in accounting will learn how to prepare and analyze income statements, balance sheets, cost/managerial reports, and tax returns.

Students must complete all of the following courses:

Credits
BMIS 211--Introduction to Business Decision Support 3
ACTG 201--Principles of Fin Acct 3
ACTG 223--Principles of Acct II 3
ACTG 327--Inter Fin Acct & Reporting I 3
ACTG 321R--Accounting Information Systems I 3
15 credits

In addition students must complete any three (9 cr.) of the following list of 3 credit courses:

BFIN 322--Business Finance
ACTG 328--Inter Fin Acct & Reporting II
ACTG 410--Cost/Mgmt Acct I
ACTG 420--Cost/Mgmt Acct II
ACTG 421--Accounting Information Systems II
ACTG 401--Principles of Fed Tax-Ind
ACTG 415--Governmental & Not-for-Profit Acct I*
ACTG 441--Financial Statement Analysis
Elective Courses     9 credits
Total Required Credits     24 credits

*ACTG 328 is a prerequisite for these courses.


BUSINESS ADMINISTRATION MINOR

Students seeking a minor in business administration must complete the following courses.

Credits
Take one of the following:
     BMGT 205--Professional Communication Fundamentals    3
     WRIT 201--College Writing II     3
     WRIT 221--Intermediate Tech Writing     3
ACTG 201--Principles of Fin Acct    3
ACTG 202--Principles of Managerial Accounting     3
BMGT 335--Management and Organization*   3
BMKT 325--Principles of Marketing*    3
BFIN 322--Business Finance*   3
BGEN 361--Principles of Business Law*   3
ECNS 202--Principles of Macroeconomics     3
ECNS 204IS--Microeconomics     3
STAT 216Q--Introduction to Statistics      3
30

*Of the four required courses denoted with an *, three must be taken in residence at MSU.


ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT MINOR

Enrollment in the minor is open to business and non-business students. Program objectives include:

  • To provide the knowledge, skills and expertise necessary for successful entrepreneurial careers.
  • To provide a general overview of the field of business and management.
  • To provide entrepreneurial expertise and economic stimulus to the region and the state.

Students seeking the Entrepreneurship and Small Business Management minor will take the following courses.

Credits
ACTG 202--Principles of Managerial Accounting     3
BMGT 205--Professional Communication Fundamentals  3
BMGT 335--Management and Organization   3
BMKT 325--Principles of Marketing    3
BFIN 322--Business Finance   3
BGEN 361--Principles of Business Law   3
Take one of the following:
     BFIN 456--Financial Mgmt for the Entrepreneur     3
     BMGT 469--Comm and Social Entrepreneurship 3
     BMKT 342R--Market Research    3
     BMKT 436--Sales and Sales Management 3
     BMKT 446--Marketing for Entrepreneurs     3
BMGT 461--Small Business Management     3
BMGT 448--Entrepreneurship     3
BMGT 463--The Entrepreneurial Experience     3
30

FINANCE MINOR

Enrollment in the finance minor is open to business and non-business students. Program objectives include:

  • To provide the tools for financial decision making, including time value of money techniques, asset valuation, and capital budgeting analysis.
  • To develop in students an analytical perspective in problem solving.
  • To provide flexibility to design one’s own program through choice of electives.

Students seeking the Finance minor must complete the following courses:

Credits
   BMIS 211--Introduction to Business Decision Support 3
   ACTG 201--Principles of Financial Accounting 3
   ACTG 202--Principles of Managerial Accounting
          or ACTG 223--Principles of Accounting II 3
   STATS 216Q--Introduction to Statistics or equivalent 3
   BFIN 322--Business Finance 3
   BFIN 352--Intermediate Finance 3
In addition, students must choose at least two of the following:
   BFIN 421--Real Estate Finance 3
   BFIN 456--Financial Mgmt for the Entrepreneur 3
   BFIN 452--International Finance 3
   BFIN 441--Financial Statement Analysis 3
   BFIN 420--Investments I 3
   BFIN 466--Investments II 3
   BFIN 457--Financial Markets and Institutions 3
   BFIN 458--Commercial Bank Management 3
Total Credits: 24

All students are responsible for fulfilling the appropriate prerequisites for all courses.


INTERNATIONAL BUSINESS MINOR

The objectives of the International Business minor are:

  • To provide students a broad-based interdisciplinary educational experience that will enable students to succeed in a culturally diverse global business environment.
  • To enable students to acquire the basic skills and knowledge necessary for a career in international business.
  • To provide students a flexible yet rigorous program that suits each student's own individual needs and interests.

Foreign language study is not required but is strongly recommended. As many as 14 credits of language study may be applied toward the minor as electives. The 20 credits of electives must come from at least three different disciplines including, for example, language, geography, history, political science, religious studies or business. A study abroad experience is also strongly recommended.

Students completing the International Business minor will complete the following courses. Students are responsible for fulfilling the appropriate prerequisites for all courses.

Credits
ECNS 314--International Economics     3
BGEN 242D--Introduction to International Business 3
BMKT 441--International Marketing     3
BMGT 464--International Management     3
**General Electives      11
***Restricted Electives      6
29

**General electives are selected in consultation with a College of Business International Business minor advisor from an approved list available on the College web site and in Reid 457, the Bracken Center, of lower- and upper-division elective courses which can include up to 14 credits of language study.

***Restricted electives are selected in consultation with a College of Business International Business minor advisor from an approved list available on the College web site and in Reid 457, the Bracken Center, of upper-division courses.


MANAGEMENT OF INFORMATION TECHNOLOGY MINOR

Enrollment in the minor is open to business and non-business students. Program objectives include:

  • To provide perspectives, concepts, and tools to evaluate and exploit business opportunities and challenges presented by changing information technology.
  • To develop managerial skills to facilitate organizational change that accompanies adoption and implementation of new information technologies.
  • To understand and cope with the complexities of business risk including data security and regulatory compliance.
  • To examine the linkages between information technology, business strategy, and creating competitive advantage

Students seeking the Management of Information Technology minor will complete the following courses.

Credits
ACTG 201--Principles of Financial Accounting     3
ACTG 202--Principles of Mang Acct    or 3
    ACTG 223--Principles of Acct II     
BMIS 211--Introduction to Business Decision Support     3
BMGT 335--Management and Organization     3
BMIS 311--Management Information Systems     3
BMIS 314--Business Web Site Design     3
BMIS 412--Design of E-Commerce Sites     3
BMIS 414--Data-Driven Web Services     3
Take two(6 credits)of the following:
     BMIS 315--Telecommunications Management     3
     BMIS 413--Contemporary Support Systems     3
     ACTG 421--Accounting Information System II     3
30

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