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 2015
  • Required credits in this minor: 16
The management minor is available to students enrolled in a college outside of the Carlson School on the Twin Cities campus of the University of Minnesota. In addition to giving students broad exposure to the basic elements of business and management, the minor is an excellent preparation for law school, an MBA program, or many career fields.
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
Admission Requirements
Students must complete 3 courses 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 is recommended but not required.
Economics
ECON 1101 - Principles of Microeconomics [SOCS, GP] (4.0 cr)
Math
MATH 1031 - College Algebra and Probability [MATH] (3.0 cr)
or a higher level math course may be taken in place of MATH 1031.
Statistics
SCO 2550 - Business Statistics: Data Sources, Presentation, and Analysis (4.0 cr)
or an adviser-approved statistics course may be substituted for SCO 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 Strategy (3.0 cr)
· IDSC 3001 - Introduction to Information Technology in Business (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 - Supply Chain and Operations (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

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· Fall 2018
· Fall 2016


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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: 02451 - CI 1806/Math 1031
Typically offered: Every Fall, Spring & Summer
Graphs of equations and functions, transformations of graphs; linear, quadratic, polynomial, and rational functions, with applications; inverses and compositions of functions; exponential and logarithmic functions with applications; basic probability rules, conditional probabilities, 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 or CI 0832]
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: 00458 - 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: 00196
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
How competition for capital in Capital Markets establishes metrics and measures used to understand financial performance of the firm. The course introduces the finance view of the firm and the application of value creation principles to firm decision making. Course presents the centrality of cash flows, the theoretical foundations for Time Value of Money, decision tools for investment of capital, basic valuation of stocks and bonds, and the theoretical foundations for the impact of risk on the required return on investor capital. prereq: ACCT 2050, SCO 2550 or equivalent statistics course
HRIR 3021 - Human Resource Management and Strategy
Credits: 3.0 [max 3.0]
Course Equivalencies: 00064
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
This course will focus on the people side of business. We will look at how, through managing and leading people, we can create an engaged, productive workforce in order to achieve organizational strategic objectives. The content of this course is complementary to any major or minor. Major topics in this course: - Managing people in an ethical, legal way that is aligned with corporate strategy and helps organizations reach their goals; - Successfully attracting, recruiting, and selecting talented people; - Creating interesting, engaging jobs and giving meaningful feedback in order to retain great employees; - Rewarding and motivating people through intrinsic and extrinsic methods to encourage the most effective and "right" kind of employee behaviors to create an engaged, productive workforce through people strategies and practices. prereq: ECON 1101, ECON 1102, PSY 1001
IDSC 3001 - Introduction to Information Technology in Business
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]
Course Equivalencies: 02347
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 - Supply Chain and Operations
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Managing the operations function within manufacturing and service organizations, and across the supply chains of these organizations. The supply chain is the set of organizations and the work that they complete to collectively create customer-valued goods and services. Course emphasizes decision making in work processes, including decision related to managing processes, quality, capacity, inventory, and supply chain activities. Quantitative and qualitative methods are used for improving management of operations.
PA 3003 - Nonprofit and Public Financial Management
Credits: 3.0 [max 3.0]
Prerequisites: Jr or sr
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. prereq: Jr or sr
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.