In addition to the requirements for the B.S.B.A. degree outlined below, all business administration majors must complete a concentration. Except as otherwise noted on the concentration pages, a concentration area requires four courses minimum chosen from a single Robins School of Business department. A maximum of seven courses can be taken in any area of concentration.

Business administration majors must choose a concentration from the following areas: accounting, business analytics, economics, finance, international business, marketing, or management. A concentration in accounting or business analytics is always a secondary concentration to a primary concentration.

Candidates for a B.S.B.A. must:

Satisfy the general degree requirements for graduation

Complete the following pre-business courses:

ACCT 201 Fundamentals of Financial Accounting

ACCT 202 Fundamentals of Managerial Accounting

BUAD 202 Statistics for Business and Economics

BUAD 205 Business Communication

ECON 101 Principles of Microeconomics

ECON 102 Principles of Macroeconomics

MATH 211 Calculus I

Complete the following core courses except as noted:

BUAD 393 Business Law^

BUAD 394 Business Ethics^

BUAD 497 Strategic Management*

FIN 360 Principles of Financial Management

MGMT 325 IT and Data Analytics

MGMT 330 Organizational Behavior

MGMT 340 Operations Management

MKT 320 Principles of Marketing

*The International Business concentration requires IBUS 411 in lieu of BUAD 497.

^ BUAD 393 and BUAD 394 are required for students entering the University fall 2018 and later. Students entering prior to fall 2018 must take BUAD 392.

Maintain at least a 2.00 overall grade point average in school of business coursework

Earn 17 units outside the Robins School of Business. Included in these 17 units are the Business Administration major requirements: ECON 101, ECON 102, BUAD 202

Participate in a full semester University of Richmond approved study abroad program or complete a course with an international business or international business economics focus. This international focus course also may satisfy a concentration or major requirement.

All students declaring a major or minor in the Robins School of Business must first pass an online Excel competency exam. Students will have three attempts to demonstrate competency with a grade of 80% or higher. This is not for a grade or academic credit.

Minor

The Business Administration Minor

10 units, including:

MATH 211 Calculus I

ACCT 201 Fundamentals of Financial Accounting

ACCT 202 Fundamentals of Managerial Accounting

BUAD 202 Statistics for Business and Economics

ECON 101 Microeconomics

ECON 102 Macroeconomics

FIN 360 Principles of Financial Management

MGMT 330 Organizational Behavior

MGMT 340 Operations Management

MKT 320 Principles of Marketing

The business minor student must complete MATH 211, ACCT 201, and ECON 101 courses prior to declaring, and ACCT 201, ECON 101, ECON 102, and BUAD 202 requirements prior to enrolling in any other core business administration course.

Courses

BUAD 101 Introduction to Business

Units: 1

Description

Multidisciplinary course that exposes student to functional areas of business. Focus on acquiring understanding of language and structure of business through study of its functional components: accounting, economics, finance management, and marketing. (Open to first- and second-year students only.)

BUAD 202 Statistics for Business and Economics

Units: 1

Description

Theory, methodology, and applications of statistics to contemporary business and economics problems. Includes descriptive statistics, probability theory, probability distributions, one- and two-population statistical inference, analysis of variance, correlation, and regression.

BUAD 203 Software Tools and Applications

Units: .5

Description

Laboratory course providing introduction to software packages with applications for business decision making. Emphasis on understanding spreadsheet applications, but includes sessions on word processing and graphics software and database searches.

BUAD 205 Business Communication

Units: .5

Description

Provides the student with a basic understanding of communication processes in the business environment. Practical experience is gained in written and oral communication as well as small group and interpersonal communication within the business perspective.

BUAD 310 Financial Statement Analysis

Units: 1

Description

Instruction in analyzing financial statements to evaluate an organization's profitability, liquidity, capital structure, and cash flows. Examination of how management's discretionary accounting choices affect earnings quality.

Prerequisites

ACCT 202, FIN 360 and Business School major.

BUAD 369 Special Topics

Units: .5-1

Description

Topics depend on mutual interests of instructor and students. Intended primarily as elective for business students.

Prerequisites

Varies by topic and instructor.

BUAD 388 Internships

Units: 0.25

Description

Applied field experience for a minimum of 50 work hours. Following the field experience, a short paper is required that describes the organization's history, size, number of locations, ownership, products and services, major competitors, and major customers. Graded pass/fail. May be taken no more than once per academic year and may not be repeated more than twice without permission of the Dean. (Internship requirements do not apply to the summer internship program administered by the Office of International Education).

Prerequisites

Departmental approval.

BUAD 389 Directed Independent Study

Units: .5-1

Description

Specialized study or directed research in area of business or economics.

Prerequisites

Permission of instructor.

BUAD 392 Ethical, Social and Legal Responsibilities of Business

Units: 1

Description

Ethical and legal issues in business world are discussed and analyzed from a philosophical, historical, legal, and behavioral approach. Current ethical and legal cases serve to highlight changing value choices and resulting consequences, as well as legal problems experienced by business people.

Prerequisites

Accounting 201, Business Administration 202, Economics 101-102. Business School major.

BUAD 393 Business Law

Units: .5

Description

Introduces the U.S. legal system and the regulatory environment of business. Topics will include commercial law, employment law, product liability, digital law, corporate governance, environmental law, and property law.

Prerequisites

ACCT 201, BUAD 202, ECON 101, ECON 102, Business School major.

BUAD 394 Business Ethics

Units: .5

Description

Identify ethical issues encountered in business settings and examine specific moral questions that arise vis-à-vis a firm's relation to society and to its employees. Current cases to illustrate the practical importance of reflection on these questions, and enable explicit identification, critical evaluation, and application to various frameworks for attributing moral responsibility and making ethical decisions. Cases may be drawn from marketing (manipulation of desire in the market, deceptive advertising), management (sweatshops, discrimination in hiring, privacy), finance (insider trading, corruption), accounting (conflicts of interest, fraud), or economics (asymmetric information, moral hazard). The following courses may count as substituted courses: BUAD 392: Ethical, Social, and Legal Responsibilities of Business, ECON 233: Ethics and Economics, and LDST 450: Leadership Ethics.

Prerequisites

Accounting 201, Business Administration 202, Economics 101-102. Business School major or pre-business major.

BUAD 396 Advanced Business Law

Units: 1

Description

Principles of law relating to Uniform Commercial Code; emphasis on sales, commercial paper, secured transfers, banking laws, bailments, and documents of title. Other areas covered include real and personal property laws, insurance law, and trusts and estates.

Prerequisites

Accounting 201, Business Administration 202, Economics 101-102. Business School major.

BUAD 497 Strategic Management

Units: 1

Description

Analysis of the external environment and internal resources of a firm leading to the development of strategies and plans for implementing them. The course also provides opportunities for students to integrate knowledge from each of the functional business disciplines through case studies and other learning tools.

Prerequisites

Business Administration 202, Finance 360, Marketing 320, Management 330 and 340. Business School major. Senior standing.