The University of Toledo

Minoring in Business for Non-Business Majors

Business Minors for Non-Business Students at The University of Toledo

The College of Business and Innovation offers a general minor and seven specialty minors (accounting; business analysis; electronic commerce/information technology; entrepreneurship, family and small business; international business; professional sales and operations/supply chain management) for students in non-business programs at The University of Toledo. These minors are recommended for students who want to enhance their academic programs with business-related course work. Students taking courses in the business minor must meet course prerequisite requirements. These minors are designed specifically for non-business students and should not be confused with the individual minors offered for College of Business and Innovation students. Students can complete a maximum of two minors and may take no more than one course that fulfills the requirements of both minors. Students should contact advisers in their college and in the College of Business and Innovation for additional details about the minors.

General Minor for Non-Business Students

Requirements for the General Minor in Business for Non-Business Students

1. A minimum cumulative GPA of 2.25 is required in the following prerequisite courses or their equivalents. A student who does not meet the minimum standards but has at least a cumulative 2.0 in the prerequisites will be reviewed by the College of Business and Innovation on an individual basis.

Economics: Select from ECON 1150 and 1200, MIME 2600 or equivalent
Mathematics: Select from any UT Core Math course (e.g. MATH 1180, 1200, 1320, 1330, 1750, 1850, etc.) except statistics
Computing: Select from BUAD 1020, CMPT 1100 or approved equivalent
Business Statistics: Select from BUAD 2060, MATH 2630, 2600, or equivalent 

2. Eighteen hours are required beyond the prerequisite courses above. A grade of C (2.0) or higher is required in each of the following courses, at least one of which must be at the 3000 level to avoid additional course work:

Required Foundation Course: BUAD 2040 Financial Accounting Information OR ACTG 1040 Principles of Financial Accounting

Additional Requirements:

A. Select 3 courses from the following with at least one course at 3000 level to avoid additional coursework. Approved associate degree equivalents courses are shown in ( ). (Prerequisites for selected courses must be fulfilled.):

• BUAD 1010        Introduction to Business (or BMGT 1010)
• BUAD 2050        Accounting for Business (or ACTG 1050)
• BUAD 2070        Application of Statistics in Business Decision Making
• BUAD 2080        Global Environment of Business (or BMGT 2110)
• BUAD 3010        Principles of Marketing
• BUAD 3020        Principles of Manufacturing and Service System
• BUAD 3030        Managerial and Behavioral Processes in Organizations
• BUAD 3040        Principles of Financial Management
• BUAD 3050        Information Technology Management
• BUAD 3470        Legal & Ethical Environment of Business

B. Select two additional 3000 or 4000 level courses from the 6 listed above or select two courses at the 3000 or 4000 level from ACCT, FINA, INFS, MGMT, EFSB, IBUS, EBUS, OPMT, HURM, PSLS, BANS, BLAW or MKTG to complete the additional requirements. (Prerequisites for selected courses must be fulfilled.)

C. At least three of the five courses selected to fulfill the additional minor in business requirements must be at the 3000 or 4000 level.

Accounting Minor for Non-Business Students

Program Requirements

The accounting minor for non-business students requires 15 credit hours. A grade of C (2.0) or higher is required in all courses used to fulfill the accounting minor requirements. Prerequisites for all courses must be fulfilled.

Required Course:  ACCT 3100 Financial Accounting and Systems

Prerequisite to ACCT 3100: Junior standing; a higher education GPA of 2.50 or higher and a 2.50 or higher GPA in BUAD 2040 and 2050 (or equivalent courses), which must include a grade of C (2.0) or higher in BUAD 2040 and 2050 (or equivalent courses).

Electives: Select four courses (12 hours) from the following:

• ACCT 3000           Financial Statement Analysis (Prerequisite: BUAD 2050 or ACTG 1050)
• ACCT 3110           External Financial Reporting I (Prerequisite: ACCT 3100 with a grade of C (2.0) or better)
• ACCT 3310           Accounting Information Systems and Controls (Prerequisite: ACCT 3100 with a grade of C (2.0) or better)
• ACCT 3030           Tax Accounting for Non-accounting Majors (Prerequisite: BUAD 2050)
  OR
  ACCT 3210           Income Taxation of Individuals (Prerequisite: ACCT 3100 with a grad of C (2.0) or better)
• ACCT 3010           Cost Accounting for Non-accounting Majors (Prerequisite: BUAD 2050 or ACTG 1050)
  OR
  ACCT 4310           Internal Reporting (Prerequisite: ACCT 3100 with a grade of C (2.0) or better)
• FINA 4080            Intermediate Financial Management (Prerequisite: BUAD 3040)

Note: Students may apply ACCT 3030 or 3210 toward the accounting minor but not both. Students may apply ACCT 3010 or 4310 toward the accounting minor, but not both.

Business Analysis Minor for Non-Business Students

Program Requirements

The business analysis minor for non-business students requires 15 hours. Prerequisites for all courses must be fulfilled.

Required Courses: 9 hours

1. FINA 3080            Managerial Economics (pending change from BANS 3060)
2. FINA 3070            Business Fluctuations and Economic Outlooks (pending change from BANS 3070)
3. OPMT 4450           Forecasting

Electives: Select two courses from the following: 6 hours

• EBUS 3090       E-Commerce and the Networked Economy (Prerequisite: junior standing)
• FINA 3480        Investments (Prerequisite: BUAD 3040)
• FINA 3890        Quantitative Applications in Finance (Prerequisite: BUAD 2070 and BUAD 3040)
• FINA 4090        Financial Markets and Institutions (Prerequisite: BUAD 3040)
• MKTG 3880       Marketing Research and Data-Based Management (Prerequisite: BUAD 3010 and BUAD 2070)
• INFS 3250        Software Applications in Business (Prerequisite: BUAD 1020 or CMPT 1100 or equivalent; junior standing)
• OPMT 3310       Computer and Model Based Business Decision Making (Prerequisite: BUAD 2070 and junior standing)
• OPMT 3750       Applied Regression Analysis (Prerequisite: BUAD 2070)
• OPMT 4750       Analysis of Variance
• PSLS 3080        Purchasing and Business Relationship Management (Prerequisite: BUAD 3010)

E-Business and Information Technology Applications Minor for Non-Business Students

Program Requirements

The e-business and information technology applications minor requires basic business computer proficiency (e.g., BUAD 1020, CMPT 1100 or equivalent); MIME 2600 or ECON 1150 and 1200, or equivalent; and 15 credit hours from selected EBUS- and INFS-related courses.

Required: 6 hours

1. EBUS 3090          E-Commerce and the Networked Economy (Prerequisite: junior standing)
2. INFS 3250           Software Applications in Business (Prerequisite: junior standing and BUAD 1020 or equivalent)

Electives: 9 hours

• INFS 3770           Database Management Systems (Prerequisite: junior standing)
• EBUS 3180          Web Design for Business Communication (Prerequisite: junior standing)
• INFS 3370           Business Data Communications (Prerequisite: BUAD 3050)
• MKTG 3260         Global Framework for E-Commerce (Prerequisite: BUAD 2080)
• MKTG 3280         Internet Marketing (Prerequisite: BUAD 3010)
• BUAD 3050         Information Technology Management (Prerequisite: junior standing and BUAD 1020 or equivalent)
• INFS 3980           Special Topics in Information Systems

Entrepreneurship, Family, and Small Business Minor for Non-Business Students

Prerequisites for all courses must be fulfilled.

Required Business Courses: 15 hours

1. EFSB 3500        Introduction to Entrepreneurship
2. BUAD 2040       Financial Accounting (Prerequisite: sophomore standing)
   OR
   ACTG 1040       Principles of Financial Accounting
3. EFSB 3480        Entrepreneurial Finance
4. EFSB 3590        Entrepreneurship & Small Business Management
5. EFSB 4010        Growing Family & Entrepreneurship Business

Business Elective: Select one from the following (3 hours)

• BUAD 3010         Principles of Marketing (Prerequisite: junior standing and completion of ECON 1150 and ECON 1200)
• EFSB 4690          Technology Commercialization

International Business Minor for Non-Business Students

Program Description:

The international business minor for non-business students requires 18 to 21 hours of business courses (including international business electives). Prerequisites for all courses must be fulfilled.

Required Course in Economics: Select from [ECON 1150 and ECON 1200] OR [MIME 2600] or equivalent

(These are not business course hours and do not count toward the 18 to 21 hours of business courses required in the program)

Required Business Courses: 9 hours

• BUAD 2080      Global Environment of Business (Prerequisite: Sophomore standing)

And select two courses from the following: 6 hours

• BUAD 3010          Principles of Marketing (Prerequisites: [ECON 1150 and 1200] OR [MIME 2600]; Junior standing)
• BUAD 3030          Managerial and Behavioral Processes in Organizations (Prerequisite: Junior standing)
• BUAD 3040          Principles of Financial Management (Prerequisite: BUAD 2040 OR ACTG 1040)

International Business Electives: 9 hours

Select at least two courses from the following:

• IBUS 3600          International Management (Prerequisite: BUAD 3030, Junior standing)
• MKTG 3140         International Marketing (Prerequisite: BUAD 3010)
• FINA 3500          International Finance (Prerequisite: BUAD 3040)

If needed, select additional hours from the following:

• IBUS 3150           Understanding Cultural Differences in Business (Prerequisite: Junior standing)
• IBUS 4100           Study Abroad Program* (Prerequisite: Permission of Chair and Faculty)
• IBUS 4180           North American Business Practices (Prerequisite: Junior standing)
• MKTG 3260          Global Framework for E-Commerce (Prerequisite: Junior standing)
• MKTG 4220          International Sourcing, Logistics, and Transportation (Prerequisite: BUAD 2080)
• BLAW 3670          International Business Law (Prerequisite: BUAD 3030)

* Subject to approval of departmental chair or IB faculty adviser

Professional Sales Minor for Non-Business Students

Required Economics Courses (3-6 hours): MIME 2600 or [ECON 1150 and ECON 1200]

Required Business Courses: 12 hours

• BUAD 3010         Principles of Marketing
• PSLS 3440          Professional Sales (Prerequisite: BUAD 3010)
• PSLS 3450          Account and Territory Management (Prerequisite: BUAD 3010)
• PSLS 4740          Advanced Sales (Prerequisite: PSLS 3440)

Business Elective: Select one from the following (3 hours)

• PSLS 3080          Purchasing and Business Relationship Management (Prerequisite: BUAD 3010)
• PSLS 4710          Sales Force Leadership (Prerequisite: PSLS 3440)

Operations Management/Supply Chain Management for Non-Business Students

Program Requirements

Students must complete BUAD 3020 or equivalent as prerequisite; and 15 additional credit hours from the list below.

• MKTG 3130       Introduction to Supply Chain Management
• EBUS 3090       E-Commerce and the Network Economy
• OPMT 3660      Materials Management and Purchasing
• OPMT 3340      Quality Management
• OPMT 3610      Production Planning and Control
• MKTG 4220      Logistics and Transportation
• OPMT 4420      Service Operations Management

Recommended for operations management track:
OPMT 3340, 3610, 3660, and any other two courses from above list.

Recommended for supply chain management track:
MKTG 3130, EBUS 3090, OPMT 3660 and 4220, and one other course from above list.