The College of Business has developed minors in Accounting (non-Accounting degree program students), Business Administration (non-College of Business students), Economics, Family Business and Entrepreneurship, and Management Information Systems. Students completing any of these minors must complete at least half of their course work at Alfred University. Courses taken elsewhere numbered 300 or higher at Alfred University must be taken at an AACSB-accredited school. A grade of C or better must be attained in each course submitted for completion of the minor.
Business Administration Minor and 4 + 1 Minor for MBA Program
The College of Business offers a 4 + 1 minor for non-College of Business students.
By completing the appropriate foundation courses at the undergraduate level, a student may successfully complete the requirements for a Masters in Business Administration (MBA) at Alfred University in one year after receiving his or her undergraduate degree. Students who desire to apply coursework from the 4 + 1 minor to the MBA Program must achieve a C or better in each course completed as part of the minor. The 4 + 1 Program does not guarantee admission to the MBA Program. Students must apply for admission and submit all required application materials.
Business Economics
Business Economics provides an excellent background for work in the fields of banking, finance, and other areas where an understanding of economics is required.
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The balanced coordination of economics and business administration courses is also appropriate for entry into a variety of civil service positions with the federal, state, and local government or entry into graduate school.
Family Business and Entrepreneurship
Students interested in the management of a Family Business or in the field of Entrepreneurship should consider courses in Entrepreneurship, Family Business Management, Estate Planning, Personal Finance, Succession Planning, and New Product Development. Such courses are often taught as seminars focusing on applied learning and interaction with professionals. In addition to these courses, students are required to complete at least a 3 credit-hour internship in a family business.
Management Information Systems (MIS)
The Management Information Systems curriculum provides students with a thorough grounding in Management Information Systems (MIS) concepts. Using MIS as a foundation, students are introduced to the decision-making process using the latest computer-based tools. The goal is to prepare students to function efficiently in today’s heavily computer-dominated business environment. Students with an interest in MIS are encouraged to complete a minor in Computer Science.
Accounting Minor for non-College of Business Students*
ACCT 211/212 Financial Accounting /Managerial Accounting 3/3
ACCT 361 Financial Accounting II 3
BUSI 113 Business Statistics (or equivalent) 3
BUSI 261 Operations Research 3
ECON 201/202 Introduction to Economics and Markets/Macro 4/3 Plus two courses from among the following:
ACCT 362 Financial Accounting III 3
ACCT 371 Personal Income Tax 3
ACCT 372 Cost Accounting 3
ACCT 462 Applications of Advanced Accounting Principles 3 Accounting Minor for Business Administration Students
ACCT 361 Financial Accounting II 3
Plus two courses from among the following:
ACCT 362 Financial Accounting III 3
ACCT 371 Personal Income Tax 3
ACCT 372 Cost Accounting 3
ACCT 462 Applications of Advanced Accounting Principles 3 Business Administration Minor and 4 + 1 Minor for MBA Program
ACCT 211/212 Financial Accounting/Managerial Accounting 3/3
BUSI 113* Business Statistics (or equivalent) 3
BUSI 261** Operations Research (or equivalent) 3
ECON 201 Intro to Economics 4
ECON 202*** Principles of Macroeconomics 3
FIN 348 Managerial Finance 3
MGMT 328 Management and Organizational Behavior 3 MIS 101**** Business Perspectives (or equivalent) 3
MKTG 321 Marketing Principles and Management 3
*MATH 241, POLS/SOCI 230 or PSYC 220 may be substituted for BUSI 113
**CEMS 484 may be substituted for BUSI 261
***ENGR 206 may be substituted for ECO 202
****ENGR 101-104 may be substituted for MIS 101
Economics Minor for College of Business Students
ECON 201/202 Intro to Economics and Markets/Macro 4/3
ECON 460 Seminar in Economics 3
Two additional upper-level Economics Courses (ECON 300 and above) 6 Family Business and Entrepreneurship Minor for non-College of Business Students
ACCT 211 Financial Accounting 3
BUSI 201 Family Business Management 3
BUSI 439 Entrepreneurship in the 21st Century 3
BUSI 485 Internship (in a family business) 1-4
BUSI 495 Seminar in (Family) Business 3
ECON 201 Introduction to Economics and Markets 4
MGMT 328 Management and Organizational Behavior 3
Plus 1 course from among the following:
ACCT 371 Personal Income Tax 3
BUSI/FIN/
LAW 410 Estate and Financial Planning 3
LAW 405 Real Estate Law 3
Family Business and Entrepreneurship Minor for College of Business Students
BUSI 201 Family Business Management 3
BUSI 439 Entrepreneurship in the 21st Century 3
BUSI 485 Internship (in a family business) 3
Plus 1 course from among the following:
ACCT 371 Personal Income Tax 3
BUSI/FIN/
LAW410 Estate and Financial Planning 3
BUSI 460 Seminar in (Family) Business 3
LAW 405 Real Estate Law 3
Management Information Systems Minor for Non-College of Business Students
ECON 201 Introduction to Economics and Markets 3
MGMT 328 Management and Organizational Behavior 3
MIS 290 Computer Programming (or equivalent) 3
MIS 465 Data Base Management Systems 3
MIS 466 Systems Analysis and Design 3
MIS 468 Data Visualization 3
Plus 1 course from among the following:
CSCI 400-level Computer Science Course 3/4
MIS 410 Inter-Networking Fundamentals 3
MIS 460 Seminar in Information Theory 3
Management Information Systems Minor for College of Business Students
MIS 290 Computer Programming (or equivalent) 3
MIS 465 Data Base Management Systems 3
MIS 466 Systems Analysis and Design 3
MIS 468 Data Visualization 3
Plus 1 course from among the following:
CSCI 400-level Computer Science Course 3/4
MIS 410 Inter-Networking Fundamentals 3
MIS 460 Seminar in Information Theory 3
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