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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.
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Liberal Education Courses
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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)
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Requirement Description
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I.
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Foreign Language Requirement
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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.
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II.
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Lower Division Business Courses
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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
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III.
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Upper Division Business Courses
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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
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IV.
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Business Concentrations (Required)
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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.
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V.
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Practice/Experience Courses
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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.
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TOTAL HOURS FOR BUSINESS
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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
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Sophomore - Junior
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ACCT
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213 Accounting Principles
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ACCT
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313 Managerial Accounting
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ECON
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253 Elem Macroeconomics
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ECON
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263 Elem Microeconomics
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IRM
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200 Princ of Info Res Mgmt
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FINC
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307 Corporate Finance
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MGMT
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110 Hist/Trad of Bus & Entrep
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MGMT
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305 Princ of Management
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MATH
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141 College Algebra
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MGMT
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325 Business Law
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MATH
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150 Statistics
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MKTG
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300 Princ of Marketing
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Foreign Language
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Foreign Language
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Junior - Senior
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ECON
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Upper Division Elective
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440/441/442 Intern/Prac. Reqrmnt
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| 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)
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Requirement Description
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I.
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Required Courses
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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
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TOTAL HOURS FOR BUSINESS MINOR
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