Business Administration Program
Enter the World of Business
A minor in the business administration program is ideal for any RIT undergraduate students from outside Saunders College of Business interested in a broad exposure to the world of business. Students, ranging from technical programs to liberal arts, will get an introduction to business disciplines and enhance their education. The business administration program provides an understanding of business principles and a more substantial skill set for any non-business student as they begin their career.
Recognized among the nations very best business schools
Saunders College of Business is #1 in Western NY, ranking #66 nationally for undergraduate business programs in the U.S. News & World Report “Best Colleges” rankings. These ranking are based on graduation and retention rates, as well as peer assessment and faculty resources.
Learn about other top rankings and recognition received by programs at Saunders College and Rochester Institute of Technology.
Policy specific to the Business Administration minor:
This minor is not available to Saunders College of Business majors.
Business Administration at a glance
The business administration minor consists of five courses. Students are required to complete a minimum of three of the following courses and two electives:
|Choose three of the following|
An introduction to the way in which corporations report their financial performance to interested stakeholders such as investors and creditors. Coverage of the accounting cycle, generally accepted accounting principles, and analytical tools help students become informed users of financial statements.
Business Law I
An introduction to legal principles and their relationship to business organizations. Explores the U.S. legal system, the U.S. court system, civil and criminal procedure, the role of government agencies, legal research, and the substantive areas of law most relevant to business, including constitutional law, tort law, criminal law, contract law, intellectual property, debtor-creditor relations, bankruptcy, business entities, securities regulation, and antitrust law.
A survey of operations and supply chain management that relates to both service- and goods- producing organizations. Topics include operations and supply chain strategies; ethical behavior; forecasting; product and service design, including innovation and sustainability; capacity and inventory management; lean operations; managing projects; quality assurance; global supply chains; and the impacts of technology.
Global Business Environment
Being an informed global citizen requires an understanding of the global business environment. Organizations critical to the development of the global business environment include for-profit businesses, non-profits, governmental, non-governmental, and supranational agencies. This course introduces students to the interdependent relationships between organizations and the global business environment. A holistic approach is used to examine the diverse economic, political, legal, cultural, and financial systems that influence both organizations and the global business environment.
As an introductory course in managing and leading organizations, this course provides an overview of human behavior in organizations at the individual, group, and organizational level with an emphasis on enhancing organizational effectiveness. Topics include: individual differences, work teams, motivation, communication, leadership, conflict resolution, organizational culture, and organizational change.
Principles of Marketing
An introduction to the field of marketing, stressing its role in the organization and society. Emphasis is on determining customer needs and wants and how the marketer can satisfy those needs through the controllable marketing variables of product, price, promotion and distribution.
Personal Financial Management*
Examines financial decisions people must make in their personal lives. Covers personal taxation, housing and mortgages, consumer credit, insurance (including life, health, property and casualty), and retirement and estate planning. Also reviews the common financial investments made by individuals, including stocks, bonds, money market instruments and mutual funds. This class involves extensive use of the internet for access to information. (Students in the Finance Program may use this course only as a free elective, not as a course creditable towards the Finance Program.)
Basic course in financial management. Covers business organization, time value of money, valuation of securities, capital budgeting decision rules, risk-return relation, Capital Asset Pricing Model, financial ratios, global finance, and working capital management.
|Choose two electives from courses within Saunders College of Business.|
† Students may choose up to one of the following courses as an Electives choice: MGMT-101, MGMT-102, MGMT-103, MGMT-150.