For students who are business majors, the requirements for business minors are listed with each major business program.

To facilitate students outside Walton College in obtaining knowledge that will assist them in making sustained contributions to organizations and society in a global, diverse, and dynamic environment, the Walton College offers a business minor for non-business majors in a variety of disciplines.

Minors in Innovation and Entrepreneurship, as well as Leadership, are designed to focus more exclusively on core topics. These minors, therefore, require fewer hours of focused study, respectively, and only a general overview of business topics. The specific requirements for each of these minors are listed below.

Minors in General Business, Accounting, Business Economics, Economic Analytics, Enterprise Resource Planning, Enterprise Systems, Finance, Information Systems, International Business, Management, Marketing, Retail and Supply Chain Management provide broad exposure to specific business disciplines and have additional requirements including completion of 21 required hours of study (including equivalencies) with at least 50 percent of the courses applied toward the minor taken in residence. Each student must have a 2.00 cumulative grade-point average in the courses offered for the minor.

Non-business, degree-seeking students working toward these minors should note the following:

  1. Students who elect to obtain a business minor must provide written notice of their intent to the dean’s office of the college in which they are receiving a degree. This notice and all requirements for the business minor must be completed prior to the awarding of the student’s undergraduate degree.
  2. Business minor students must complete all 1000- and 2000-level courses required for the business minor and be a junior- or senior-level student to enroll in 3000- or 4000-level business courses.
  3. All specific course prerequisites must be met. Although business minor students are not required to satisfy the entire pre-business core, they must complete the required courses and any other prerequisite course specified prior to enrolling in a 3000/4000-level course.
  4. Business minor students may complete multiple minors with the exception of General Business and an additional area of business study. Students may not use more than three hours of minor courses toward additional minor requirements.
  5. ECON 2143 will substitute for ECON 2013/ECON 2023 for prerequisite purposes. In addition, students who take both ECON 2013 Principles of Macroeconomics (ACTS Equivalency = ECON 2103) and ECON 2023 Principles of Microeconomics (ACTS Equivalency = ECON 2203) will satisfy the economics requirements of the minor.
  6. Business minor students are ineligible to take SEVI 3013 Strategic Management.
  7. ECON 3053 and BUSI 3043 may not count toward the junior- or senior-level course requirements for the minor.
  8. All equivalencies must be approved by the assistant dean for undergraduate programs.
  9. Students may choose to pursue Concentration 1–General Business online, as long as they adhere to the requirements for online programs.

All upper level minor requirements must be taken in residence. All students seeking a business minor in the second block are required to complete the Walton College computer competency requirement ISYS 1123 and the following courses:

ECON 2143Basic Economics: Theory and Practice3
ACCT 2013Accounting Principles3
BUSI 1033Data Analysis and Interpretation3
Total Hours9

In addition, students must select and complete one of the following disciplines:

General Business Minor 

Requirements for General Business Minor

Select four of the following (at least 6 hours must be at the 3000 or 4000 level):12
Accounting Principles II
Business Foundations
The Legal Environment of Business (ACTS Equivalency = BLAW 2003)
Business Information Systems
Integrated Supply Chain Management
Managing People and Organizations
Principles of Finance
Introduction to Marketing
Plus any other 3000- to 4000-level Walton College course (except BUSI 3043)
Total Hours12

Accounting Minor 

Requirements for Accounting Minor

ACCT 2023Accounting Principles II3
ACCT 3723Intermediate Accounting I3
Plus an additional 6 hours from the following:6
Accounting Technology
Intermediate Accounting II
Fundamentals of Taxation I
Product, Project and Service Costing
Audit and Assurance Services
Total Hours12

Business Economics Minor

Requirements for Business Economics Minor

ECON 3033Microeconomic Theory3
ECON 3133Macroeconomic Theory3
Plus an additional 6 hours of 3000- to 4000-level business economics courses6
Total Hours12

Economic Analytics Minor

Requirements for Economic Analytics Minor

ECON 3033Microeconomic Theory3
ECON 4743Introduction to Econometrics3
ECON 4753Forecasting3
ECON 4763Economic Analytics3
Total Hours12

Enterprise Resource Planning Minor 

Requirements for Enterprise Resource Planning Minor

ACCT 2023Accounting Principles II3
FINN 2043Principles of Finance3
ISYS 4213ERP Fundamentals3
SCMT 2103Integrated Supply Chain Management3
Select an additional 3 hours from the following:3
ERP Configuration and Implementation
Seminar in ERP Development
Business Intelligence
Total Hours15

Enterprise Systems Minor

Requirements for Enterprise Systems Minor

ISYS 4453Introduction to Blockchain Applications3
ISYS 4463Blockchain Enterprise Systems Development3
Plus an additional 6 hours from the following:6
ERP Fundamentals
ERP Configuration and Implementation
Seminar in ERP Development
Business Intelligence
Total Hours12

Finance Minor

Requirements for Finance Minor

FINN 2043Principles of Finance3
Plus an additional 9 hours of 3000- to 4000-level finance courses9
Total Hours12

Information Systems Minor 

Requirements for Information Systems Minor

ISYS 3293Systems Analysis and Design3
ISYS 3393Business Application Development Fundamentals3
Plus an additional 3 hours from the following:3
ERP Fundamentals
ERP Configuration and Implementation
One 3-hour 4000-level ISYS course3
Total Hours12

Innovation and Entrepreneurship Minor

Requirements for Strategic, Entrepreneurship and Venture Innovation Major:

Required Courses (6 hours)
SEVI 2033Business Foundations for Innovators and Entrepreneurs 13
SEVI 2013Introduction to Venture and Value Creation ( )
Choose one of the following:3
Corporate Innovation (Choose one of the following Thematic Core courses (3 hours))
Social Entrepreneurship
Entrepreneurship and New Venture Development
Small Enterprise Management
Choose three courses from the following:9
Corporate Innovation 2
Social Entrepreneurship 2
Entrepreneurship and New Venture Development
Small Enterprise Management 2
Students Acquiring Knowledge Through Enterprise (S.A.K.E.) Product Innovation Lab
International Management
Entrepreneurship Practicum
Total Hours15
1

Students may not receive credit for both SEVI 2053 and SEVI 2033. Walton College majors are not eligible to register for the course. No degree credit for Walton College majors.

2

Students may choose if not otherwise used towards the Thematic Core course option.

The minor requires completion of 18 hours of study (including equivalencies) with at least 50 percent of the courses applied toward the minor taken in residence.  Each student must have a 2.00 cumulative grade-point-average in the courses offered for the minor.

International Business Minor 

Requirements for International Business Minor

ECON 4633International Trade3
ECON 4643International Macroeconomics and Finance3
Plus an additional 6 hours from the following:6
Economics of the Developing World
Emerging Markets
The Japanese Economic System
International Finance
International Management
Global Marketing
International Logistics
Total Hours12

Leadership Minor

The Department of Management offers a minor for students desiring more knowledge of leadership to assist them in their careers. The minor requires completion of 18 hours of study with all of the upper level courses applied toward the minor in residence. The 18 hours include the following courses:

Required Courses (15 hours)
SEVI 2033Business Foundations for Innovators and Entrepreneurs3
MGMT 3563Management Concepts and Organizational Behavior3
MGMT 4253Leadership3
MGMT 4273Leading Groups and Teams3
MGMT 4983Talent Development3
Select one of the following:3
Alternative Dispute Resolution
Creating and Leading a Diverse Workforce
Special Topics in Management
Ethics and Corporate Responsibility
Organizational Change and Development
Faith, Spirituality, and the Workplace
Talent Acquisition and Management
Organizational Rewards and Compensation
People Analytics
Total Hours18

Students who desire to earn a Leadership minor must notify the Walton College Undergraduate Programs Office of intent to pursue the minor. All requirements for the minor must be completed prior to the awarding of a student's undergraduate degree. All specific course requirements must be met. Each student must have a 2.00 cumulative grade-point average in the courses offered for the minor. All upper level requirements must be taken in residence.

Management Minor 

Requirements for Management Minor

MGMT 4243Ethics and Corporate Responsibility3
Plus an additional 9 hours of 3000/4000 level management courses (may include MGMT 2103 or MGMT 3563)9
Total Hours12

Marketing Minor

Requirements for Marketing Minor

MKTG 3433Introduction to Marketing3
Select an additional 9 hours from the following:9
Consumer Behavior
Marketing Research
Integrated Marketing Communications
Selling and Sales Management
Retail Strategy
Retail Buying and Merchandise
New Product Development
Global Marketing
SOURCE: Procurement and Supply Management
Total Hours12

Nonprofit Studies Minor

The Walton College offers an interdisciplinary minor in Nonprofit Studies. This minor will prepare students for working in the nonprofit sector as well as educating students who may be on boards and participate in other civic organizations. The minor requires completion of 15 hours of study with all of the upper division courses applied toward the minor taken in residence.

Requirements

Required Course:
MKTG 4513Nonprofit Marketing3
Select four courses from the following:12
Tier 1 (Must select at least two courses):
Governmental/Nonprofit Accounting
Economics of Poverty and Inequality
Economics of the Developing World
Technical and Professional Writing (ACTS Equivalency = ENGL 2023)
Leadership
Organizational Change and Development
Public Administration
The Evolution of Nonprofits and Philanthropy
Administrative Law
Social Entrepreneurship
Grantwriting
Tier 2 (Can select up to two courses):
Sustainability in Business
Agricultural and Rural Development
Literacy in America
Sustaining Earth
American Public Lands & Policy
Environmental Justice
Universal Human Rights: History and Practice since 1945
Peace Studies: Approaches and Theory
International Food Security and Food Sovereignty
Global Changemakers: Social Innovation Abroad
Ethics and Corporate Responsibility
Community Development
Human Diversity and Social Work
Social Welfare Policy
Total Hours15

Students who desire to earn a Nonprofit Studies minor must notify the Walton College Undergraduate Programs Office of intent to pursue a minor.  All requirements for the minor must be completed prior to the awarding of the student's undergraduate degree.  All specific course prerequisites must be met.  Each student must have a 2.00 cumulative grade-point-average in the courses offered for the minor.  All upper division level minor requirements must be taken in residence.

Retail Minor 

Requirements for Retail Minor

MKTG 3433Introduction to Marketing3
MKTG 4433Retail Strategy3
MKTG 3553Consumer Behavior3
MKTG 4443Retail Buying and Merchandise3
Total Hours12

Supply Chain Management Minor 

Requirements for Supply Chain Management Minor

SCMT 2103Integrated Supply Chain Management3
Plus an additional 12 hours of approved of 3000/4000 level SCMT courses12
Total Hours15