Business Administration
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Department Information
Business Administration
Faculty from all departments in the Robins School of Business provide instruction in this area.
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Major
The Business Administration Major
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:
Fundamentals of Financial Accounting
Fundamentals of Managerial Accounting
Statistics for Business and Economics
Business Communication
Principles of Microeconomics
Principles of Macroeconomics
Calculus I
Complete the following core courses except as noted:
Business Law^
Business Ethics^
Strategic Management*
Principles of Financial Management
IT and Data Analytics
Organizational Behavior
Operations Management
Principles of Marketing
*The International Business concentration requires
in lieu of .^
and are required for students entering the University fall 2018 and later. Students entering prior to fall 2018 must take .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:
, ,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 Robins School of Business major or Business Administration minor must first pass an Excel competency exam. Entrepreneurship minors are not required to take the 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.
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Minor
The Business Administration Minor
10 units, including:
Calculus I
Fundamentals of Financial Accounting
Fundamentals of Managerial Accounting
Statistics for Business and Economics
Microeconomics
Macroeconomics
Principles of Financial Management
Organizational Behavior
Operations Management
Principles of Marketing
The business minor student must complete
, , and courses prior to declaring, and , , , and requirements prior to enrolling in any other core business administration course.All students declaring a Robins School of Business major or Business Administration minor must first pass an Excel competency exam. Entrepreneurship minors are not required to take the 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.
Courses
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BUAD 100 Applied Business Topics
Units: .25
DescriptionExplores various business areas through group and individual projects. Projects could range from business simulations, solving business cases, working on a small research project, debating, etc. Project and topics will vary by semester. Open to participants in the Endeavor program.
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BUAD 101 Introduction to Business
Units: 1
DescriptionMultidisciplinary 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.)
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BUAD 202 Statistics for Business and Economics
Units: 1
DescriptionTheory, 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.
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BUAD 203 Software Tools and Applications
Units: .5
DescriptionLaboratory 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.
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BUAD 205 Business Communication
Units: .5
DescriptionProvides 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.
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BUAD 310 Financial Statement Analysis
Units: 1
DescriptionInstruction 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.
PrerequisitesACCT 202, FIN 360 and Business School major.
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BUAD 369 Special Topics
Units: .5-1
DescriptionTopics depend on mutual interests of instructor and students. Intended primarily as elective for business students.
PrerequisitesVaries by topic and instructor.
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BUAD 388 Internships
Units: 0.25
DescriptionApplied 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).
PrerequisitesDepartmental approval.
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BUAD 389 Directed Independent Study
Units: .5-1
DescriptionSpecialized study or directed research in area of business or economics.
PrerequisitesPermission of instructor.
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BUAD 392 Ethical, Social and Legal Responsibilities of Business
Units: 1
DescriptionEthical 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.
PrerequisitesAccounting 201, Business Administration 202 or Economics 170, Economics 101-102. Business School major.
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BUAD 393 Business Law
Units: .5
DescriptionIntroduces 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.
PrerequisitesACCT 201, BUAD 202 or ECON 170, ECON 101, ECON 102, Business School major.
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BUAD 394 Business Ethics
Units: .5
DescriptionIdentify 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.
PrerequisitesAccounting 201, Business Administration 202 or Economics 170, Economics 101-102. Business School major or pre-business major.
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BUAD 396 Advanced Business Law
Units: .5
DescriptionPrinciples of law relating to the Uniform Commercial Code with emphasis on sales, commercial paper, secured transactions, banking laws, bailments and documents of title. Other topics may include real and personal property laws, insurance law, trusts and estates, agency, partnerships, corporations, and bankruptcy.
PrerequisitesBUAD 393 and a major in the business school.
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BUAD 497 Strategic Management
Units: 1
DescriptionAnalysis 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.
PrerequisitesBusiness Administration 202 or Economics 170, Finance 360, Marketing 320, Management 330 and 340. Business School major. Senior standing.