Business Administration Minor

Minor in Business Administration

The minor in Business Administration is open to all university students and is designed to provide individuals with both a theoretical and practical understanding of operating a business.

Students will acquire proficiency in basic skills including technology usage, economics, mathematics, communications and international perspectives. Through this unique business program, Eastern students studentsw will develop both a theoretical and pragmatic understanding of how businesses operate as successful competetive organizations

Credits Required: 18

I. Prerequisite Course Credits
ECO 201 Principles of Microeconomics 3
II. One Required Course (3 cr.) Credits
ACC 201 Principles of Accounting I 3
III. Two General Business Courses (6 cr.) Credits
These Courses Must be drawn from (2) different areas of business
– Finance
– Management
– Marketing
– Operations
IV. Three Business Electives (9 cr.) Credits
Any 300 level or above business courses selected according to the student’s paricular interest. Students may take all their business elective credits in one functional area for a career focus.
ACC 201 – Principles Of Accounting I

An introduction to the fundamental accounting concepts and generally accepted accounting principles. Emphasis is placed on understanding accounting as it is applied in serving the needs of business and society, the evolution of accounting, the basic accounting structure, and the preparation and interpretation of financial statements.

Prerequisite: None

ECO 201 – Principles of Microeconomics

Study of individuals and firms as economic decision-makers, the social institutions that influence choice, and introduces economic way of thinking. Course emphasizes the use of microeconomic theory to analyze its role and applications in our daily lives including current issues such as the distribution of income, labor issues, international trade, the role of government, welfare economics, and the environment.

Prerequisite: LAC-T1SS