Business Administration Major, B.A.

The business administration program is designed to prepare students for leadership careers in complex organizations in the public, private and nonprofit sectors of an increasingly global economy and diversified workplace. Our differentiating niche is a strong emphasis on business functions, social accountability, global awareness, quantitative and qualitative analytical skills, and synergy between theory and practice. Because tomorrow’s managers will face intense competitive pressures and strong demands for competency, flexibility and accountability, the business administration program provides a curriculum that builds core competencies and embeds that core curriculum in a liberal arts program. The business administration faculty members, who are active in teaching, scholarship and mentoring, aim to create a collaborative teaching and learning environment. Majors are required to participate in our lecture series and to spend either a semester, year or summer studying abroad or in an internship in a major international city such as Washington, D.C. (International students are exempt from the study abroad and internship requirement.) Majors are also encouraged to work with a faculty member in business administration on at least one research project.

All business administration degrees, B.A. and M.B.A., and minors are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

Common Body of Knowledge

Business Administration Core

Business administration students are expected to have the following competencies: knowledge about the different functional areas of business, quantitative and qualitative analytical skills, and the ability to relate organizations to the greater society in which they exist. The business administration core, which consists of 15 courses, enables students to achieve these competencies. Every business administration major has to fulfill the business administration core requirement.

All majors must take the following courses (33 credits):

MGMT 205Principles of Management: Introduction to Organizations

3.0

MGMT 281Principles of Financial Accounting

3.0

MGMT 284Principles of Managerial Accounting

3.0

MGMT 301Organizational Theory and Behavior

3.0

ECMG 303Principles of Finance & Investment

3.0

MGMT 306Principles of Marketing

3.0

MGMT 312Analytical Methods of Management

3.0

MGMT 314International Business

3.0

ITMG 388Management Information Systems

3.0

MGMT 411Seminar in Strategic Management

3.0

MGMT 454/MGMT 554Legal Environment of Business

3.0

NOTE: MGMT 301, ECMG 303, MGMT 312, MGMT 314, MGMT 411 must be taken at Hood.

All majors must also take the following courses (12 credits):

ECON 205Principles of Macroeconomics

3.0

and

ECON 206Principles of Microeconomics

3.0

 

ECMG 212Statistics for Economics & Management

3.0

or

MATH 112Applied Statistics

3.0

 

ECON 306Microeconomic Analysis

3.0

Majors are also required to participate in a study abroad semester, year or summer or an internship

MGMT 399Internship in Management

3.0

(International students are exempt from the study abroad and internship requirement.)

Depth of Knowledge

To provide depth of knowledge over and above the common body of knowledge, students must complete a concentration. All depth of knowledge courses must be taken at Hood.

Business Administration Concentrations

Students may choose any three courses from the following to complete a general business administration concentration or concentrate in a discipline by selecting three classes from one of the areas below.

Accounting (9 credits)

MGMT 321Intermediate Accounting I

3.0

MGMT 322Intermediate Accounting II

3.0

MGMT 433Cost Accounting

3.0

Finance (9 credits)

MGMT 402Business Finance

3.0

MGMT 410Investment Analysis

3.0

ECMG 478/ECMG 578International Financial Management

3.0

Human Resource Management (9 credits)

ECON 328Labor Economics

3.0

MGMT 307Personnel Management

3.0

MGMT 313Employment and Labor Law

3.0

International Economics and Finance (9 credits)

ECON 324International Trade

3.0

ECON 460International Finance & Open Economy Macroeconomics

3.0

ECMG 478/ECMG 578International Financial Management

3.0

Individual Interest Concentration

Business administration majors may develop, in consultation with their business administration faculty adviser, an individual interest concentration that focuses on a particular career interest. Examples of such concentrations include information systems, computer science, public relations and environmental management.

Marketing (9 credits)

MGMT 406Consumer Behavior and Analysis

3.0

or

CMA 310Public Relations

3.0

 

MGMT 423Marketing Research Methods

3.0

MGMT 424Marketing Communications Strategy

3.0

Strongly Recommended Courses

CMA 306Business Writing in the Digital Age

3.0

MATH 201Calculus I

4.0

PHIL 220Professional Ethics

3.0

Students planning to pursue a graduate degree in business administration should take:

ECON 480Econometrics

3.0

MATH 201Calculus I

4.0

MATH 351Probability and Statistics

3.0