MinorBusiness Management

Minoring in Business Management involves the study of activities associated with running a company (planning, organizing, directing, monitoring and controlling.) Students will learn to think about the overall picture of a business’s operations and how it interacts with larger market forces. This is a 22-credit program.

4,500+ Enrollment (1,400 on-campus undergraduates)
1893 the year Concordia was founded
16 Fortune 500 Companies Headquartered in the Twin Cities
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Business Management Curriculum Overview

A Business Management minor at Concordia University, St. Paul explores business skills in leadership, team-building and project management.

Prerequisite
Course ID Course Name Credit Hours
ECO - 101 Macroeconomics 4

This course will illustrate the dynamic integration of America within the global economy by focusing on macroeconomics policy areas such as trade, exchange rate policy and domestic economic policy. The course will also introduce students to alternative theoretical frameworks such as classical, Keynesian, monetarism, rational expectations, Marxist, and institutionalist perspectives. The course will explore problems facing the less industrialized countries and the newly emerging countries and the United StatesÀ role in their development.

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Required Courses (6 credits)
Course ID Course Name Credit Hours
MAN - 120 Basics of Business 2
MAN - 301 Organizational Behavior 4

Students learn to make decisions in a dynamic business environment. Fundamental course concepts include developing a business plan, managing people and operations, and the basics of marketing, finance, and communications.

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This course will examine the basic principles of management including planning, organizing, integrating, leading, decision-making, and evaluating performance. Using theories contributed from the behavioral sciences students will examine the behavior of individuals, groups and organizations. Students will learn to analyze problems and develop strategies to deal with organizational growth and change.

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Choose 8 credits of the following
Course ID Course Name Credit Hours
ACC - 201 Prin of Acct (Financial) 4
LAW - 401 Legal Environment of Business 2
MAN - 302 Operations & Quality Mgmt 2
MAR - 301 Principles of Marketing 4
FIN - 301 Corporate Finance I 4
MAR - 312 Consumer Behavior 4

This class introduces the student to the role of accounting in the business world. The principles and concepts of financial accounting and analysis of accounting statements are covered. Accounting cycles, procedures and balanced sheet classifications are emphasized.

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This course examines the administrative and common law regulation of business. Constitutional Law, Title VII and product liability are covered. Students also examine contract law and the Uniform Commercial Code provisions on sales and secured transactions.

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This course will discuss the theoretical and practical foundations for operations management. The course will focus on the production process (including service), quality, and supply chain management. the production process includes the management of equipment and machinery, facilities, materials management, inventory control, scheduling, and lean operations. Quality includes quality control and quality management including six sigma. Supply chain management includes purchasing, vendor relations, and logistics. The concepts of project management are also reviewed.

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This course provides an introduction to the study of marketing in business and other organizations. Topics that will be addressed in this course include the marketing environment, marketing ethics, information gathering, product development, pricing strategies, distribution strategies, the promotional mix, decision making, nonprofit marketing, social marketing and international marketing. (Prerequisite: junior standing)

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This course explores the basics of financial management. Topics include the capital markets, the cash budget, pro forma statements, analysis of financial statements, and the time value of money Students also complete a research project. (Prerequisites: ACC201, MAT110 , MAT125 or MAT135)

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This course addresses the theoretical background for understanding consumer behavior. This course will examine the interaction between the environment, consumer's affect and cognition and a consumer's ultimate behavior. Various theories and perspectives on consumer motivation, attitude formation, information processing, and decision-making will be discussed throughout this course.

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Choose 8 credits of the following
Course ID Course Name Credit Hours
MAN - 350 Managing in a Global Economy 4
MAN - 410 Managing Talent, Change & Neg. 4
MAN - 460 Managing Teams, Comm & Proj 4

This cross functional course will build on management principles and apply them to global opportunities using market measurement, competitive analysis, managing distribution, product positioning, ethics and decision-making, forecasting, budgeting, performance evaluation and maintaining control.

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The role of the human resource management function in organizations will be studied in this cross functional course. The changing nature of work and demographic shifts will be of particular emphasis. The course also will focus on increasing the understanding of the negotiating process and on increasing the skill level for negotiating by focusing on preparation, interest identification, strategies and tactics, listening skills, collaborative negotiations, competitive negotiations, and options outside of negotiation. Emphasis will be given to win/win collaborative negotiations and preserving relationships using principled dispute resolution strategies. (Prerequisite: MAN301)

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This course focuses on team building and team leadership utilizing communication, conflict management, and decision making skills. Project management techniques that will enhance success in leading and completing projects are also covered. Students will apply project management knowledge, tools and techniques to an actual team project. Topics include creating a project charter and plan, working as a project team, executing the project and closing out the project. This courses is for seniors only. (Prerequisite: MAN301)

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An academic minor normally consists of 20 to 24 credits taken in courses in one area or related areas of study prescribed by the faculty.

Meet Your Professors

Renata Mayrhofer Instructor of Business Management, Chair Business Administration and Management Program
Phillip Hampton Term Faculty of Finance

Prior to his career in academics Hampton served a number of years in the finance sector, with positions at Metris Companies, U.S. Bancorp, Federal Reserve Bank and Piper Jaffray.

Dr. Nancy Harrower Associate Professor of Marketing and Management

Dr. Nancy Harrower brings a practical approach to teaching marketing principles.

Rev. Dr. Michael Dorner Vice President for Finance, Assistant Professor of Accounting

Michael Dorner has served as Concordia University, St. Paul’s Vice President of Finance since 2004.

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