Academic Catalog 2019–2020

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Minor in Business


The Minor in Business Studies provides the non-business LAU student community with the opportunity to combine their primary fields of study with knowledge in business.

The program provides basic knowledge in economics and business — i.e., finance, management and marketing — along with essential business tools applicable in the real world. The minor privileges a realistic understanding of the changing global market, enhancing the student’s general professional competence.


For a Minor in Business Studies, a student must complete a minimum of 18 credits, distributed as follows:

  • Core Courses (15 credits)
  • Upper Level Course (3 credits)

Core Courses (15 credits)

  • MKT201 Introduction to Marketing (3 cr.)
  • MGT201 Introduction to Management (3 cr.)
  • ACC203 Financial Accounting (3 cr.)
  • ECO201 Introduction to Microeconomics (3 cr.)
  • FIN301 Managerial Finance (3 cr.)

1 or ECO202 Introduction to Macroeconomics (3 cr.)

Upper-Level Course (3 credits)

This upper-level course requires departmental approval and declaration of minor.

  • FIN302 Financial Institutions & Markets (3 cr.)
  • MGT301 Organizational Behavior (3 cr.)
  • MGT411 Innovation & Entrepreneurship (3 cr)
  • MKT304 Consumer Behavior  (3 cr.)
  • OPM301 Operation and Production Management (3 cr.)

Note that non-business students may not register in any business course other than the 18 credits for the minor. Exceptions are made for those courses that are required for non-business degrees.