New business minor offered for non-business students

This fall the UNL College of Business Administration will offer a new undergraduate business minor designed for non-business students. The new minor requires students to take 18 credit hours of business courses and is open to students from all colleges across campus.

“The new business minor was tailored specifically for non CBA students who want to improve their business skills and have an edge in the job market. It will provide them with the basic knowledge and skills they need to hit the ground running in their first job after college – in any kind of organization,” said Donde Plowman, James Jr. and Susan Stuart Endowed Dean.

The minor is composed of six courses developed specifically for students minoring in business. Students will take a course in each of six areas: accounting, business law, economics, finance, marketing and management.

Kathy Farrell, senior associate dean, said the courses provide the basic principles of financial decision-making, economic reasoning, managerial skills, marketing, and financial and managerial accounting concepts.

“All students will benefit from an understanding of business in both their personal and professional lives,” Farrell said. “Having the knowledge about accounting, finance, economics, marketing and management concepts will help enable individuals to make better and more informed business decisions throughout their life.”

Students can register for the new business minor classes during fall enrollment this spring. Those wanting more information should talk to their advisers and go to:

There are six courses (18 hours) students are required to complete in order to earn a business minor as a non-business major. (See the website for prerequisites and other details). The courses include:

- ACCT 200 Accounting for Business Decisions: designed to introduce financial and managerial accounting concepts to students who are not business majors but who will use such information in future roles as investors, owners, managers, employees and /or taxpaying citizens. Because accounting is referred to as "the language of business," a primary objective of this course is to enable students to understand how accounting meets the information needs of various users. The course lays a foundation for understanding and use of accounting concepts, skills and judgments in numerous endeavors, both career and personal.

- ECON 200 Economic Essentials and Issues: Introduction to economic reasoning and methods. Consumer choice, resources, decision-making under constraints, supply, demand, markets, economic welfare analysis, measurement, prices, employment, money and interest rates. Economic policy and limitations are evaluated.

- BLAW 300 Business, Government and Society: examines the business organization in relationship to government, employee groups and the community. A major theme in the course is the social responsibility of business. Topics of study include ethics, environmental issues, employee rights, government regulation, global management and the U.S. political system as it affects business decision-making.

- FINA 300 Financial Decision Making: covers the basic principles of financial decision making with an emphasis on time value of money, financial statement analysis, working capital management, capital budgeting and risk management.

- MGNT 300 Management Essentials for Contemporary Organizations: designed to introduce students from non-business fields to the role of managers in various organizational structures and types. Students will explore how the practice of management is relevant to their chosen field of study or academic discipline. This course will provide an analysis of organizations and the management processes of planning, organizing, directing and controlling. Individual, group, intergroup and organizational responses to various environments and technologies are studied as well as pertinent techniques of human capital management.

- MRKT 300 Contemporary Marketing: Survey of marketing principles for non-business students. Overview of the fundamental terms and concepts in contemporary marketing, introduction to real world marketing strategies and focuses on marketing’s role in organizations and businesses.

More details at: