For students who are business majors, the requirements for business minors are listed with each major business program.
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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Business minor students are ineligible to take SEVI 3013 Strategic Management.
- ECON 3053 and BUSI 3043 may not count toward the junior- or senior-level course requirements for the minor.
- All equivalencies must be approved by the assistant dean for undergraduate programs.
- 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 2143 | Basic Economics: Theory and Practice | 3 |
| ACCT 2013 | Accounting Principles | 3 |
| BUSI 1033 | Data Analysis and Interpretation | 3 |
| Total Hours | 9 | |
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 | ||
or SEVI 2053 | 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 Hours | 12 | |
Accounting Minor
Requirements for Accounting Minor
| ACCT 2023 | Accounting Principles II | 3 |
| ACCT 3723 | Intermediate Accounting I | 3 |
| 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 Hours | 12 | |
Business Economics Minor
Requirements for Business Economics Minor
| ECON 3033 | Microeconomic Theory | 3 |
| ECON 3133 | Macroeconomic Theory | 3 |
| Plus an additional 6 hours of 3000- to 4000-level business economics courses | 6 | |
| Total Hours | 12 | |
Economic Analytics Minor
Requirements for Economic Analytics Minor
| ECON 3033 | Microeconomic Theory | 3 |
| ECON 4743 | Introduction to Econometrics | 3 |
| ECON 4753 | Forecasting | 3 |
| ECON 4763 | Economic Analytics | 3 |
| Total Hours | 12 | |
Enterprise Resource Planning Minor
Requirements for Enterprise Resource Planning Minor
| ACCT 2023 | Accounting Principles II | 3 |
| FINN 2043 | Principles of Finance | 3 |
| ISYS 4213 | ERP Fundamentals | 3 |
| SCMT 2103 | Integrated Supply Chain Management | 3 |
| Select an additional 3 hours from the following: | 3 | |
| ERP Configuration and Implementation | ||
| Seminar in ERP Development | ||
| Business Intelligence | ||
| Total Hours | 15 | |
Enterprise Systems Minor
Requirements for Enterprise Systems Minor
| ISYS 4453 | Introduction to Blockchain Applications | 3 |
| ISYS 4463 | Blockchain Enterprise Systems Development | 3 |
| Plus an additional 6 hours from the following: | 6 | |
| ERP Fundamentals | ||
| ERP Configuration and Implementation | ||
| Seminar in ERP Development | ||
| Business Intelligence | ||
| Total Hours | 12 | |
Finance Minor
Requirements for Finance Minor
| FINN 2043 | Principles of Finance | 3 |
| Plus an additional 9 hours of 3000- to 4000-level finance courses | 9 | |
| Total Hours | 12 | |
Information Systems Minor
Requirements for Information Systems Minor
| ISYS 3293 | Systems Analysis and Design | 3 |
| ISYS 3393 | Business Application Development Fundamentals | 3 |
| Plus an additional 3 hours from the following: | 3 | |
| ERP Fundamentals | ||
| ERP Configuration and Implementation | ||
| One 3-hour 4000-level ISYS course | 3 | |
| Total Hours | 12 | |
Innovation and Entrepreneurship Minor
Requirements for Strategic, Entrepreneurship and Venture Innovation Major:
| Required Courses (6 hours) | ||
| SEVI 2033 | Business Foundations for Innovators and Entrepreneurs 1 | 3 |
| SEVI 2013 | Introduction 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 Hours | 15 | |
- 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 4633 | International Trade | 3 |
| ECON 4643 | International Macroeconomics and Finance | 3 |
| 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 Hours | 12 | |
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 2033 | Business Foundations for Innovators and Entrepreneurs | 3 |
| MGMT 3563 | Management Concepts and Organizational Behavior | 3 |
| MGMT 4253 | Leadership | 3 |
| MGMT 4273 | Leading Groups and Teams | 3 |
| MGMT 4983 | Talent Development | 3 |
| 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 Hours | 18 | |
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 4243 | Ethics and Corporate Responsibility | 3 |
| Plus an additional 9 hours of 3000/4000 level management courses (may include MGMT 2103 or MGMT 3563) | 9 | |
| Total Hours | 12 | |
Marketing Minor
Requirements for Marketing Minor
| MKTG 3433 | Introduction to Marketing | 3 |
| 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 Hours | 12 | |
Retail Minor
Requirements for Retail Minor
| MKTG 3433 | Introduction to Marketing | 3 |
| MKTG 4433 | Retail Strategy | 3 |
| MKTG 3553 | Consumer Behavior | 3 |
| MKTG 4443 | Retail Buying and Merchandise | 3 |
| Total Hours | 12 | |
Supply Chain Management Minor
Requirements for Supply Chain Management Minor
| SCMT 2103 | Integrated Supply Chain Management | 3 |
| Plus an additional 12 hours of approved of 3000/4000 level SCMT courses | 12 | |
| Total Hours | 15 | |
