Academic Catalog 2022–2023

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Bachelor of Science in Business Studies with Emphasis in Family and Entrepreneurial Business Management

Overview

This area of emphasis in business, family and entrepreneurial management caters to students belonging to families already in busi­ness and who wish to preserve its continuity as they maintain the family’s wealth from one generation to the other. The program is also intended for students who wish to start their own businesses as it encourages entrepreneurship and the building of solid foundations for future business start-ups.

The courses are designed in such a way to address the complex workings and challenges of family-owned and family-run business­es. Students will not only get working knowledge of the tools and concepts involved, but they will also develop action plans for their family businesses, manage growth opportunities, and acquire, frameworks, analytical skills, tech­niques, and decision making tools that can be used in the growing entrepre­neurial businesses.

Curriculum

A minimum of 92 credits are required to graduate, distributed as follows:

  • Business Core Requirements (36 credits)
  • Emphasis Requirements (12 credits)
  • Other Requirements (12 credits)
  • LAS Requirements (30 credits)*
  • Free Electives (8 credits)

* The core business courses ECO201 and ECO202 fulfill 6 of these credits, as they are also LAS Social Sciences requirements.

The changes in LAS , business electives, and free electives requirements are applicable for the entering class of Fall 2021. Existing students may choose to follow the old or the new curriculum.

Business Core Requirements (36 credits)

  • ACC203 Financial Accounting (3 cr.)
  • ACC204 Managerial Accounting (3 cr.)
  • BUS213 Business Law & Ethics (3 cr.)
  • BUS299 Civic Engagement (0 cr.)
  • ECO201 Microeconomics (3 cr.)
  • ECO202 Macroeconomics (3 cr.)
  • FIN301 Managerial Finance (3 cr.)
  • ITM211 Information Technology Management (3 cr.)
  • MGT201 Introduction to Management (3 cr.)
  • MGT420 Strategic Planning & Policy Formulation (3 cr.)
  • MKT201 Introduction to Marketing (3 cr.)
  • OPM301 Operation & Production Management (3 cr.)
  • QBA201 Managerial Statistics (3 cr.)

Emphasis Requirements (12 credits)

  • FEM304 Family Business Management (3 cr.)
  • FEM312 Digital Entrepreneuriship (3 cr.)
  • FEM333 Venture Capital & Entrepreneurial Financing (3 cr.)
  • FEM410 Corporate Governance (3 cr.)

Other Requirements (12 credits)

Business Electives: Choose any 12 credits of the following courses

Block A: Minimum 6 credits Maximum 12 credits

  • FEM301    Entrepreneurship and Small Business Management (3 cr.)
  • FEM311    Small Bus. Start-Up Lab. (3 cr.)
  • FEM322    Entrepreneurial Marketing (3 cr.)
  • FEM488    Sp.Top. Fam. & Entr.Bus (3 cr.)
  • FIN302      Financial Institutions and Markets (3 cr.)
  • IBS311       Managing Multinational Corporations (3 cr.)
  • MGT301   Organizational Behavior (3 cr.)
  • MGT401   Project Management  (3 cr.)
  • MGT411   Innovation and Entrepreneurship Human Resources Management (3 cr.)
  • MGT441   Human Resources Management (3 cr.)

Block B: Maximum 6 credits

  1. Soft Skills : Maximum 3 credits
  • MGT236 Communication Skills (1 cr.)
  • MGT336 Developing a Business Plan (1 cr.)
  • MGT338  Negotiation Skills (1 cr.)
  • MGT436 Personality & Career Development (1 cr.)
  • MGT438 Leadership Skills (1 cr.)
  • FEM399 Internship/Practicum (1 cr.)
  1. Vertically Integrated Projects: Maximum 3 credits
  • VIP201 Vertically-Integrated Projects (1 cr.)
  • VIP301 Vertically-Integrated Projects (1 cr.)
  • VIP401 Vertically-Integrated Projects (1 cr.)
  1. Other Electives
  • BDA211 Introduction to Applied Data Analytics (3 cr.)
  • BUS311 Research Methods (3 cr.)
  • QBA301 Intermediate Managerial Statistics (3 cr.)

LAS Requirements (30 credits)

Free Electives (8 credits)

Recommended Study Plan

Year One

Fall (15 credits)

  • ACC203 Financial Accounting (3 cr.)
  • MGT201 Introduction to Management (3 cr.)
  • ECO201 Microeconomics (3 cr.)
  • LAS Core (3 cr.)
  • LAS Elective (3 cr.)

Spring (16 credits)

  • ACC204 Managerial Accounting (3 cr.)
  • ECO202 Macroeconomics (3 cr.)
  • MKT201 Introduction to Marketing (3 cr.)
  • COM203 Liberal Arts Core (3 cr.)
  • Liberal Arts Elective (3 cr.)
  • Free Elective (1 cr.)

Year Two

Fall (15 credits)

  • QBA201  Managerial Statistics (3 cr.)
  • ITM211   IT Management I (3 cr.)
  • FEM312  Digital Entrepreneurship (3 cr.)
  • Business Elective I (3 cr.)
  • Liberal Arts Elective (3 cr.)

Spring (15 credits)

  • BUS213   Business Law & Ethics (3 cr.)
  • FIN301    Managerial Finance (3 cr.)
  • OPM301  Operations & Production Management (3 cr.)
  • FEM304   Family Business Management (3 cr.)
  • Liberal Arts Elective (3 cr.)

Year Three

Fall (16 credits)

  • BUS299  Civic Engagement (0 cr.)
  • FEM333  Venture Capital & Entrepreneurial Financing (3 cr.)
  • Business Elective II (3 cr.)
  • Business Elective III (3 cr.)
  • Liberal Arts Elective (3 cr.)
  • Free Elective (3 cr.)
  • Free Elective (1 cr.)

Spring (15 credits)

  • MGT420 Strategic Planning & Policy Formation (3 cr.)
  • FEM 410 Corporate Governance (3 cr.)
  • Business Elective IV (3 cr.)
  • Liberal Arts Elective (3 cr.)
  • Free Elective (3 cr.)

Career Opportunities

The Family and Entrepreneurial Business Management emphasis strives to develop future business leaders and decision makers and prepares students for various career opportunities including but not limited to

  • preserving continuity of already-existing Family Business
  • maintain the family’s wealth from generation to generation, and
  • helping in the start-up of private business, as it encourages entrepreneurship and the building of solid guidelines for future business start-ups