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Business Minors

Business Minors for Business Majors

The Sam M. Walton College of Business offers a variety of business minors for students desiring specific knowledge in an area of business outside of their academic major. Minors assist students in their business careers by helping them to increase their skills and to broaden their understanding of business as an integrated whole.

A business minor requires the completion of 15 specific hours of study at the University of Arkansas. Students must meet all specific course prerequisites and complete all of the requirements for the minor prior to graduation. Business majors who intend to pursue a business minor must notify the Walton College Undergraduate Programs Office.

Single Discipline Minors:

  • Accounting
    ACCT 2013 Accounting Principles
    ACCT 3533 Accounting Technology
    ACCT 3613 Managerial Uses of Accounting Information
    ACCT 3723 Intermediate Accounting I
    ACCT 3843 Fundamentals of Taxation
  • Economics
    ECON 2013 Principles of Macroeconomics
    ECON 2023 Principles of Microeconomics
    Plus 9 hours of upper-division course work in economics.
  • Finance

    Banking/Financial Management/Investment Concentration

    FINN 3013 Financial Analysis and Valuation
    Plus any 2 of the following 3 courses:
    FINN 3053 Financial Markets and Institutions
    FINN 3103 Financial Modeling
    FINN 3703 International Finance
    Plus any 2 of the following 6 courses:
    FINN 3063 Investments
    FINN 3133 Commercial Banking
    FINN 3603 Corporate Finance
    FINN 4133 Advanced Investments
    FINN 4233 Advanced Corporate Finance
    FINN 4313 Advanced Commercial Banking
     

    Insurance/Real Estate Concentration

    Choose any 5 of the following 7 courses:
    FINN 3003 Personal Financial Management
    FINN 3623 Risk Management
    FINN 3933 Real Estate Principles
    FINN 4413 Real Estate Investment and Appraisal
    FINN 4433 Real Estate Finance
    FINN 4733 Life and Health Insurance I
    FINN 4833 Property and Casualty Insurance I
  • Information Systems
    ISYS 2263 Introduction to Information Systems Development
    ISYS 3293 Systems Analysis and Design
    ISYS 3393 Business Application Development in the Visual Basic Environment
    WCOB 4213 ERP Fundamentals
    Plus 1 of the following courses:
    WCOB 4223 ERP Configuration and Implementation
    Or any 3000-4000 level ISYS class
  • Management
    MGMT 4243 Ethics and Corporate Responsibility
    Plus 4 of the following 9 courses:
    MGMT 3993 Entrepreneurship/New Venture Development
    MGMT 4103 Special Topics
    MGMT 4253 Leadership
    MGMT 4263 Organizational Change and Development
    MGMT 4433 Small Enterprise Management
    MGMT 4583 International Management
    MGMT 4943 Organizational Staffing
    MGMT 4953 Organizational Rewards and Compensation
    MGMT 4993 Entrepreneurship Practicum
  • Marketing
    MKTG 3433 Introduction to Marketing Strategy
    MKTG 3553 Consumer Behavior
    Plus 3 of the following 6 courses:
    MKTG 4233 Integrated Marketing Communications
    MKTG 4343 Selling and Sales Management
    MKTG 3633 Marketing Research
    MKTG 4633 Global Marketing
    MKTG 4433 Retail Strategy
    MKTG 4443 Retail Buying and Merchandise
  • Retail
    MKTG 3433 Introduction to Marketing Strategy
    MKTG 3553 Consumer Behavior
    MKTG 4433 Retail Strategy
    MKTG 4443 Retail Buying and Merchandising
    Plus 3 hours from the following courses:
    ACCT 2013 Accounting Principles
    ECON – any ECON at the 3000 or 4000 level
    FINN 3013 Financial Analysis and Valuation
    MGMT - any MGMT at the 3000 or 4000 level
    MKTG 4233 Integrated Marketing Communications
    TLOG 3613 Business Logistics
    WCOB 4213 ERP Fundamentals
  • Supply Chain Management
    TLOG 3443 Principles of Transportation
    TLOG 3613 Business Logistics
    TLOG 3623 Purchasing and Inventory Systems
    TLOG 4633 Transportation Carrier Management
    TLOG 4643 International Supply Chain Management

Interdisciplinary Minors:

  • Enterprise Resource Planning (ERP)
    WCOB 4213 ERP Fundamentals
    ISYS 4223 ERP Configuration and Implementation
    Plus any 3 of the following 6 courses:
    ACCT 3533 Accounting Technology
    ACCT 3723 Intermediate Accounting I
    ISYS 4233 ERP Development
    TLOG 3443 Principles of Transportation
    TLOG 3613 Business Logistics
    TLOG 3623 Purchasing and Inventory Systems
  • Financial Economics
    FINN 3013 Financial Analysis and Valuation
    ECON 4753 Forecasting
    Plus any 3 of the following 4 courses:
    FINN 3063 Investments
    FINN 3603 Corporate Finance
    ECON 3433 Money and Banking
    ECON 4743 Introduction to Econometrics
  • Nonprofit Studies

Business Minors for Non-Business Majors

To facilitate students outside the Walton College in obtaining knowledge that will assist them in making sustained contributions to organizations and to society in a global, diverse, and dynamic environment, the Walton College offers a business minor in several academic areas. The minor requires completion of a minimum of 20- 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 required for the minor.

Courses Required for All Minors:

  • WCOB 1120 Computer Competency Requirement
  • ECON 2143 Basic Economics Theory and Practice (or both ECON 2013 and ECON 2023)
  • WCOB 1023 Business Foundations
    Pre-requisites: COMM 1313 with a "C" or better and WCOB 1120
  • WCOB 1033 Data Analysis and Interpretation (or equivalent*, INEG 2313, PSYC 2013, STAT 2303, STAT 3013 or STAT 3303)
    Pre-requisites: MATH 2053 with a "C" or better and WCOB 1120
    *Pre-requisites for equivalent courses vary by department.

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

  • General Business
    Select 11-12 hours from the following departments*: (at least 6 hours must be at the 3000- or 4000-level)
    ACCT, ECON, FINN, ISYS, MGMT, MKTG, TLOG, WCOB
    *Consultation with an advisor is recommended before selecting courses to complete this minor.
  • Accounting
    ACCT 2013 Accounting Principles
    ACCT 3613 Managerial Uses of Accounting Information
    ACCT 3723 Intermediate Accounting I
    Plus an additional 3 hours selected from the following:
    ACCT 3533 Accounting Technology
    ACCT 3843 Fundamentals of Taxation
  • Business Economics
    ECON 4333 Economics of Organizations
    Plus an additional 9 hours of 3000- or 4000-level ECON courses
  • Enterprise Resource Planning (ERP)
    WCOB 2013 Markets and Consumers

    WCOB 2043

    Financial Resources
    WCOB 4213 ERP Fundamentals
    Plus an additional 3 hours from the following:
    ISYS 4233 Seminar in ERP Development
    ISYS 4293 Business Intelligence
    WCOB 4223 Configuration and Implementation
  • Enterprise Systems

    ISYS 4453

    Introduction to Enterprise Servers
    ISYS 4463 Enterprise Transaction Systems
    Plus an additional 6 hours from the following:
    ISYS 4233 Seminar in ERP Development
    ISYS 4293 Business Intelligence
    WCOB 4213 ERP Fundamentals
    WCOB 4223 Configuration and Implementation
  • Finance
    WCOB 2043 Financial Resources
    Plus an additional 9 hours of 3000- or 4000-level FINN courses
  • Information Systems
    ISYS 3293 System Analysis and Design
    ISYS 3393 Business Applications and Development Fundamentals
    Plus an additional 3 hours from the following:
    WCOB 4213 ERP Fundamentals
    WCOB 4223 Configuration and Implementation
    AND one 3 hour 4000-level ISYS course
  • International Business
    Select 12 hours from the following:
    ECON 3843 Economic Development
    ECON 3853 Emerging Markets
    ECON 3933 The Japanese Economic System
    ECON 4633 International Trade
    ECON 4643 International Macroeconomics and Finance
    ECON 468V International Economics and Business Seminar
    FINN 3703 International Finance
    MGMT 4583 International Management
    MKTG 4633 International Marketing
    TLOG 4643 International Transportation and Logistics
  • Management

    MGMT 4243

    Ethics and Corporate Responsibility
    Plus an additional 9 hours of 3000- or 4000-level MGMT courses**

    **May include WCOB 2033 Human Capital OR MGMT 3563 Organizational Behavior
    (Students may not receive credit for both courses.)

  • Marketing

    MKTG 3433

    Introduction to Marketing Strategy
    Plus an additional 9 hours selected from the following:
    MKTG 3553 Consumer Behavior
    MKTG 3633 Marketing Research
    MKTG 4233 Integrated Marketing Communications
    MKTG 4343 Selling and Sales Management
    MKTG 4433 Retail Strategy
    MKTG 4443 Retail Buying and Merchandise
    MKTG 4633 Global Marketing
    TLOG 3613 Business Logistics
  • Retail
    MKTG 3433 Introduction to Marketing Strategy
    MKTG 3553 Consumer Behavior
    MKTG 4433 Retail Strategy
    MKTG 4443 Retail Buying and Merchandise
  • Supply Chain Management
    TLOG 3443 Principles of Transportation
    TLOG 3613 Business Logistics
    Plus and additional 6 hours selected from the following:
    TLOG 3623 Purchasing and Inventory Systems
    TLOG 4633 Transportation Carrier Management
    TLOG 4643 International Supply Chain Management
    TLOG 4653 Supply Chain Management Strategy

In addition to these course requirements, non-business, degree-seeking students working toward a minor should note that:

  1. Students who elect to obtain a business minor must provide written notice of their intent to minor to the dean's office of the college in which they are receiving their degree. This notice and all requirements for the business minor must be completed prior to the awarding of the student's undergraduate degree.
  2. 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- or 4000-level course.
  3. ECON 2143 will substitute for ECON 2013/2023 for prerequisites purposes. In addition, students who take both ECON 2103 (Principles of Macroeconomics) and ECON 2023 (Principles of Microeconomics) will satisfy the economics requirement of the minor.
  4. Business minor students are ineligible to take WCOB 3016, Business Strategy and Planning.
  5. It is recommended that students seeking a business minor meet with a Walton College advisor for specific course recommendations.
Sam M. Walton College of Business
Business Building 301
Fayetteville, AR 72701
PH: (479) 575-5949
FX: (479) 575-3241
connect@walton.uark.edu