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Majors and Minors for Economics and Business Administration

Economics Major

MATH 200 Introduction to Statistics
ECON 200 Principles of Macroeconomics
ECON 210 Principles of Microeconomics
ECON 300 Money and Banking
ECON 330 Government and Business
ECON 400 Intermediate Macroeconomic Theory
ECON 410 Intermediate Microeconomic Theory
ECON 440 International Economics
ECON 460 Senior Seminar in Economics

Plus 15 additional credits in ECON courses numbered 300 or above, or 9 additional credits in ECON course numbered 300 or above and one of the following tracks:

Business Track

Consists of 6 credit hours (2 three-credit courses), selected from:

BUS 201 Principles of Accounting I
BUS 202 Principles of Accounting II
BUS 300 Principles of Organization Management

Government Policy Track

Consists of 6 credit hours (2 three-credit courses), selected from:
PSCI 210 Politics and Government in the United States
PSCI 230 Introduction to Global Politics
PSCI 420 International Law and Organization

Graduate School Preparation Track

Consists of 6 credit hours (2 three-credit courses):

MATH 131 Calculus I
MATH 132 Calculus II

Students who choose this option should consider taking additional courses beyond MATH 132 as well.

Economics Minor

Consists of 24 credit hours (8 three‑credit courses):

MATH 200 Introduction to Statistics
ECON 200 Principles of Macroeconomics
ECON 210 Principles of Microeconomics
ECON 400 Intermediate Macroeconomic Theory
ECON 410 Intermediate Microeconomic Theory

Plus 9 additional credits in ECON courses numbered 300 or above

Credits for ECON 480, 490, 491 and 499 may not be applied to the requirements for either the major or minor in economics.

Financial Economics Emphasis

Consists of 18 credit hours. Majors in economics can acquire additional depth in finance by pursuing the emphasis in financial economics. 6 credits from the emphasis may be applied to the requirements for the economics major. The capstone course is shown in italics.

BUS 201 Principles of Accounting I
BUS 202 Principles of Accounting II
BUS 320 Principles of Finance
BUS 371 Intermediate Accounting I
BUS 430 Investments
BUS 448 Financial Statement Analysis

Students choosing to double major in economics and business administration may not earn both the financial economics emphasis in economics and the finance emphasis in business administration.

Business Administration Major

Consists of 45 credit hours (15 three‑credit courses), comprised of the following 13 required courses:

BUS 120 Survey of Business
MATH 200 Introduction to Statistics
ECON 200 Principles of Macroeconomics
ECON 210 Principles of Microeconomics
BUS 201 Principles of Accounting I
BUS 202 Principles of Accounting II
BUS 300 Principles of Organization Management
BUS 310 Principles of Marketing
BUS 320 Principles of Finance
BUS 330 Principles of Information Systems
BUS 340 Management Science
BUS 350 Business Law
BUS 422 Entrepreneurship
-or-
BUS 478 Strategic Management

Plus 6 additional credit hours in ECON or BUS courses numbered 300 or above

Business Administration Minor

Consists of 24 credit hours (8 three‑credit courses):

BUS 120 Survey of Business
ECON 200 Principles of Macroeconomics
ECON 210 Principles of Microeconomics
BUS 201 Principles of Accounting I
BUS 202 Principles of Accounting II
BUS 300 Principles of Organization Management
BUS 310 Principles of Marketing

Plus 3 additional credit hours in ECON or BUS courses numbered 300 or above

Credits for BUS or ECON 480, 490, 491 and 499 may not be applied to the requirements for either the major or minor in business administration.

Business Administration Areas of Emphasis

Majors in business administration are encouraged to acquire additional depth by pursuing one or more emphases within the major. 6 credits from the emphasis may be applied to the requirements for the major in business administration. The capstone course for each emphasis is shown in italics.

Accounting Emphasis

Consists of 18 credit hours, comprised of the following courses:

BUS 371 Intermediate Accounting I
BUS 372 Intermediate Accounting II
BUS 381 Federal Tax Accounting I
BUS 385 Cost Accounting
BUS 400 Advanced Accounting
BUS 405 Auditing

Majors pursuing careers in public accounting—To sit for the Certified Public Accountant (CPA) exam in Virginia, the Virginia Board of Accountancy requires candidates to accumulate these minimums:

120 credit hours in a baccalaureate degree that includes:

30 credit hours of accounting courses, and

24 credit hours of (non-accounting) business courses.

To comply with Virginia Board of Accountancy eligibility rules, students should supplement the accounting emphasis with at least two of the following courses:

BUS 370 Forensic and Investigative Accounting
BUS 382 Federal Tax Accounting II
BUS 448 Financial Statement Analysis

To become a licensed CPA in Virginia, the Virginia Board of Accountancy requires candidates to complete 150 credit hours of education plus the full-time equivalent of one year of relevant accounting experience.

CPA licensing requirements vary by state. If you plan to pursue CPA licensure outside Virginia, please visit that state’s Board of Accountancy website for that state’s requirements.

Finance Emphasis

Consists of 18 credit hours, comprised of the following courses:

ECON 300 Money and Banking
ECON 440 International Economics
BUS 371 Intermediate Accounting I
BUS 372 Intermediate Accounting II
BUS 430 Investments
BUS 448 Financial Statement Analysis

International Commerce Emphasis

Consists of 18 credit hours, comprised of the following courses:

ECON 330 Government and Business
ECON 440 International Economics
PSCI 230 Introduction to Global Politics
BUS 468 Contemporary Issues in Business

Plus 6 credits from two of the following electives:

BUS 365 Cross‑Cultural Issues in Business
FREN 202 Intermediate French
FREN 340 French Culture and Civilization
GER 202 Intermediate German
HIST 356 East Asia
HIST 358 Middle Eastern History since A.D. 600
SPAN 202 Intermediate Spanish
SPAN 345 Latin American Culture and Civilization
SOC 306 Cultures of Japan
SOC 309 Cultures of Africa
SOC 325 Development and Underdevelopment in the Modern World

A foreign language minor and participation in a one‑semester cross‑cultural experience are recommended. Students participating in a College‑approved study abroad program or a similar approved international experience may apply that activity in place of the 6 elective credits required above.

Marketing Emphasis

Consists of 18 credit hours, comprised of the following courses:

BUS 315 Marketing Research
BUS 412 Professional Selling
-or-
COMM 315 Persuasion
BUS 416 Advertising
BUS 468 Contemporary Issues in Business

Plus 6 credits from the following electives:

BUS 414 Consumer Behavior
COMM 347 Public Relations in Organizations
ECON 410 Intermediate Microeconomic Theory
FCS 304 Fashion Merchandising
FCS 306 Fashion Promotion

Organization Management Emphasis

Consists of 21 credit hours, comprised of the following courses:

BUS 420 Human Resource Management
BUS 468 Contemporary Issues in Business
PHIL 320 Professional Ethics

Plus 12 credit hours chosen from the following two categories:

3 or 6 credit hours from:

ECON 310 U.S. Economic and Business History
ECON 320 Labor Economics
ECON 330 Government and Business

6 or 9 credit hours from:

BUS 305 Entrepreneurial Revolution in the 21st Century
BUS 345 Supply Chain Management
BUS 365 Cross-Cultural Issues in Business
BUS 422 Entrepreneurship (if not taken as the major capstone course)BUS 478 Strategic Management (if not taken as the major capstone course)
ES 356 Management Concepts in Health Care
IDS 201 Leadership Development Seminar

Business administration majors interested in preparing for an information technology career are encouraged to earn a minor in computer information systems or a second major in information systems management. These programs are offered in the department of mathematics and computer science.

Non-business majors who want a basic three‑course introduction to business to complement their majors are encouraged to take the following three‑credit courses:

BUS 120 Survey of Business
BUS 200 Show Me the Money: Figuring Your Small Business
BUS 310 Principles of Marketing