Business Administration Minor
The Business Administration Minor is designed for and offered to non-business majors only. The program has no specific prerequisites but assumes students have a sufficient understanding of economics and basic math skills in order to understand fundamental analytical business concepts. Admission to the Business Minor is based upon grades, demonstrated ability to handle quantitative coursework, and difficulty of program in the major. In an effort to serve the university as a whole, we endeavor to admit students from a diverse set of majors.
All students must complete a minimum of 18 semester hours in business courses, including:
- BCOR 1910: Business for Good (2 semester hours)
- BCOR 2110: Financial Accounting (4 semeser hours)
- 3 Upper Division Business Courses (12 semester hours)
A minimum cumulative GPA of 2.5 is required in the minor for graduation.
Courses counting toward the Business Minor may not be taken outside of LMU.
BCOR 1910 Business for Good
2 Semester Hours
The LMU College of Business Administration aims to “advance knowledge and develop business leaders with moral courage and creative confidence to be a force for good in the global community.” This course is a transformational experience for incoming undergraduate students that begins their journey toward a business degree and beyond, focusing on the role of business as a force for good.
The course is an immersive and interactive experience with the following elements. It involves the major global challenges that you will face in your professional careers, such as poverty and the environment, and brings out the role of business in being a force for good in addressing these challenges as well as in a broad array of issues. It involves a project where you will design a business plan to launch of a product for low-income customers in domestic or international markets, while achieving economic sustainability as well as social and environmental sustainability. It involves doing good as being at the heart of the business rather than as corporate social responsibility. It involves working with companies. And most importantly, it will involve examining your values as it relates to doing good in the professional and personal realms. The course will culminate in a poster session. In short, you will start out your careers by having all of these challenges to confront in your first semester.
BCOR 2110 Financial Accounting
4 Semester Hours
This course involves the study of financial accounting. Students are introduced to 1) the role of financial accounting and reporting in business and society, 2) the basic concepts and techniques of financial accounting, and 3) the preparation and use of financial statements. Topics covered include accrual basis of accounting, the financial accounting cycle, internal controls, ratio analysis, and the reporting and analyzing of financial statement elements. Prerequisites: BCOR 1910
3 Upper Division Business Courses
12 semester hours
Due to high demand, students must apply and be accepted into the Business Administration Minor. Students are advised to apply during their sophomore or junior year in order to complete all coursework (some of which is sequential) by graduation. Students planning to study abroad may be deferred for a semester, but will need to plan accordingly. Applications will be available online during the first six weeks of each semester, for admission to the Business Administration Minor during the following semester.
Ying Sai, Ph.D.
Faculty Advisor for Business Minors
Assistant Professor, Information Systems and Business Analytics
Office: Hilton 266