Business Administration Minor Requirements

Program Director:J. Richard Anderson Office: Stanger Hall 211 Phone: 508-565-1224jranderson@stonehill.edu

The Business Administration minor allows Liberal Arts or Science majors to explore each of the functional areas of business at a beginning level to better prepare them for eventual careers within a business environment. Through the two elective course requirements, it also encourages students to investigate one or more business disciplines at an advanced level in order to allow them to possibly find connections between the skills that they have developed within their major and the needs of business employers. The minor can also be used as a preparation for non-business students who wish to pursue graduate study in Business Administration

The minor in Business Administration requires the completion of seven courses.

Complete Five Required Courses

Code Course Credits

BUS 203

Financial Accounting

Offered: Fall and Spring Semesters

Fundamental principles and theories of financial accounting. Emphasis placed on the understanding and use of financial statements for the corporation. Interpretation and use of financial statement information in business decisions, and a study of the system that produces this information.

Course may be applied to the Business and Entrepreneurship minors.

3

BUS 204

Managerial Accounting

Offered: Fall and Spring Semesters

Concepts and practices of managerial accounting. Topics include: cost behavior and cost-volume-profit analysis, contribution margin reporting, profit planning and budgeting, standard costs, performance analysis, decentralized operations, and relevant costs for decision making.

Prerequisite(s): BUS 203.
Course may be applied to the Business minor.

3

BUS 320

Corporate Finance

Offered: Fall and Spring Semesters

Emphasizes understanding financial markets and the financial management of corporations. Stresses the firm's procurement, allocation, and control of funds and their relationship to the firm's objectives of profitability and liquidity. Covers the concepts of interest rates, financial analysis, risk and return, analysis of investment decisions and capital budgeting, debt and equity financing, and dividend policies. Advanced Excel tools for finance are employed. These concepts are explored through lectures, problems, case studies, and readings.

Prerequisite(s): BUS 203 (with a grade of C- or better - starting with the Class of 2019).
Course may be applied to the Business and Entrepreneurship minors.

3

BUS 333

Organizational Behavior

Offered: Fall and Spring Semesters

The study of individuals and groups within the context of the organization. Topics include leadership, motivation, group processes, decision-making, workplace diversity, power, conflict and negotiation, communication, and organizational culture. Particular emphasis will be placed on relevant and important issues facing organizations today. Extensive use of teams, cases, skill-based exercises, and readings.

Prerequisite(s): Sophomore Standing.
Course may be applied to the Business and Sports, Science & Society minors.

3

BUS 340

Marketing Principles

Offered: Fall and Spring Semesters

Explores the role marketing plays within firms and within society. Describes fundamental principles and methods underlying the national and international system of providing goods and services for consumers and business users in the profit and nonprofit sectors. Studies the tasks and decisions facing marketing managers in planning, implementing, and controlling marketing programs, and the ethical implications of these decisions.

Prerequisite(s): Sophomore standing.
Course may be applied to the Arts Administration major, and Business and Entrepreneurship minors.

3

Complete Two Business Elective Courses

Each student is required to take two elective courses in Business to be chosen after consultation with the Minor Advisor. Any course with the Business Administration prefix (BUS) is eligible for credit.