Twin Cities campus
 
Twin Cities Campus

Management Minor

Curtis L. Carlson School of Management - Adm
Curtis L. Carlson School of Management
  • Program Type: Undergraduate free-standing minor
  • Requirements for this program are current for Spring 2012
  • Required credits in this minor: 16
The Carlson School's management minor covers business principles through the study of seven functional areas of business. The minor is available to students in all majors at the University of Minnesota, Twin Cities. The Carlson School has partnered with the Hubert H. Humphrey Institute of Public Affairs to offer, within the minor, courses focusing on the nonprofit environment.
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
Admission Requirements
Students must complete 12 credits before admission to the program.
A GPA above 2.0 is preferred for the following:
  • 3.00 already admitted to the degree-granting college
  • 3.00 transferring from another University of Minnesota college
  • 3.00 transferring from outside the University
For information about University of Minnesota admission requirements, visit the Office of Admissions website.
Required prerequisites
Economics, Math, and Statistics Courses
ECON 1102 or ECON 1105 are recommended but not required.
ECON 1101 - Principles of Microeconomics [SOCS, GP] (4.0 cr)
or ECON 1104 {Inactive} (4.0 cr)
MATH 1031 - College Algebra and Probability [MATH] (3.0 cr)
or a higher level math course may be taken in place of MATH 1031.
SCO 2550 - Business Statistics: Data Sources, Presentation, and Analysis (4.0 cr)
or an adviser-approved statistics course may be substituted for OMS 2550.
Minor Requirements
Minor Courses
ACCT 2050 - Introduction to Financial Reporting (4.0 cr)
Take 12 or more credit(s) from the following:
· ACCT 3001 - Introduction to Management Accounting (3.0 cr)
· FINA 3001 - Finance Fundamentals (3.0 cr)
· HRIR 3021 - Human Resource Management and Industrial Relations (3.0 cr)
· IDSC 3001 - Information Systems for Business Processes and Management (3.0 cr)
· MGMT 3001 - Fundamentals of Management (3.0 cr)
· MGMT 3010 - Introduction to Entrepreneurship (4.0 cr)
· MKTG 3001 - Principles of Marketing (3.0 cr)
· SCO 3001 - Introduction to Operations Management (3.0 cr)
· PA 3003 - Nonprofit and Public Financial Management (3.0 cr)
· PA 4101 - Nonprofit Management and Governance (3.0 cr)
 
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· Curtis L. Carlson School of Management

View future requirement(s):
· Fall 2014
· Fall 2012


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· Management Minor
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ECON 1101 - Principles of Microeconomics (SOCS, GP)
Credits: 4.0 [max 4.0]
Course Equivalencies: Econ 1101/1104/1111/ApEc 1101
Typically offered: Every Fall, Spring & Summer
Microeconomic behavior of consumers, firms, and markets in domestic and world economy. Demand and supply. Competition and monopoly. Distribution of income. Economic interdependencies in the global economy. Effects of global linkages on individual decisions. prereq: knowledge of plane geometry and advanced algebra
MATH 1031 - College Algebra and Probability (MATH)
Credits: 3.0 [max 3.0]
Course Equivalencies: 01772
Typically offered: Every Fall, Spring & Summer
Graphs of equations/functions, transformations of graphs; linear, quadratic, polynomial, and rational functions, with applications; inverses/composition of functions; exponential and logarithmic functions, with applications; basic probability rules, conditional probability, binomial probabilities. prereq: 3 yrs high school math or satisfactory score on placement exam or grade of at least C- in [PSTL 731 or PSTL 732]
SCO 2550 - Business Statistics: Data Sources, Presentation, and Analysis
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Data analysis, basic inferential procedures, statistical sampling/design, regression/time series analysis. How statistical thinking contributes to improved decision making. prereq: [Math 1031 or equiv], at least 30 cr
ACCT 2050 - Introduction to Financial Reporting
Credits: 4.0 [max 4.0]
Course Equivalencies: Acct 2050/ApEc 1251
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to financial accounting for U.S. organizations. Reading financial statements. prereq: Soph
ACCT 3001 - Introduction to Management Accounting
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Costing techniques, including activity-based costing. Applying costing methods to determine costs of products, services, and production processes. Use of costs in operating/strategic decisions. prereq: 2050
FINA 3001 - Finance Fundamentals
Credits: 3.0 [max 3.0]
Course Equivalencies: Fina 3000/3001/ApEc 3501
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Financial management principles. Money/capital markets, risk/return/valuation triad, capital budgeting. Capital structure, financial leverage. Cost of capital, financial performance measures, dividend policy, working capital management, international financial management/derivatives. prereq: ACCT 2050, OMS 2550
HRIR 3021 - Human Resource Management and Industrial Relations
Credits: 3.0 [max 3.0]
Course Equivalencies: 00064 - HRIR 3021/IBus 3021
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Role of human resource professional as strategic partner in managing organizations. Human resource management in achieving organizational performance. Legal environment. Job analysis. Recruiting/selection. Training/development. Performance management. Total rewards. Labor relations. Ethical issues. prereq: ECON 1101, ECON 1102, PSY 1001
IDSC 3001 - Information Systems for Business Processes and Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Developing/using IS to support business processes, managerial decision making, and organizational strategy. Technology components of IS. Impact on organizations. Creation/change processes. Managerial issues. Techniques for designing, developing, and implementing IS. Databases and user interfaces. Computer/communications network platforms. Internet, e-business, and e-commerce applications.
MGMT 3001 - Fundamentals of Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Aspects/characteristics of organizations, their members. Why people/groups feel/behave as they do. Processes/methods that improve behavior/attitudes/effectiveness of members. Member/manager skills. Guest speakers, group presentations, films.
MGMT 3010 - Introduction to Entrepreneurship
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Fundamentals of entrepreneurship. Career paths, including new business start-ups, franchising, acquisitions (including family business succession), corporate venturing, and entre-preneurial services. Legal structures for new business formation. Aspects of business law/ethics.
MKTG 3001 - Principles of Marketing
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to terms, concepts, and skills for analyzing marketing problems. Factors outside the organization affecting its product, pricing, promotion, and distribution decisions. Cases from actual organizations. prereq: ECON 1101
SCO 3001 - Introduction to Operations Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Concepts, principles, and techniques for managing manufacturing/service operations. Emphasizes decision making in operations function of organizations. Quantitative/qualitative methods for improving management of operations.
PA 3003 - Nonprofit and Public Financial Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Concepts/tools for project/budget planning. Program analysis. Interpreting financial reports. Identifying/resolving organizational performance issues. Case studies, real-world exercises.
PA 4101 - Nonprofit Management and Governance
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Managing/governing nonprofit/public organizations. Theories, concepts, real-world examples. Governance systems, strategic management practices, effect of different funding environments, management of multiple constituencies.