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Business Minor

Open to all non-business undergraduate students, the Foster School’s Business Minor offers students the opportunity to build a diverse set of career and life skills. Students completing the Business Minor will learn from excellent Foster faculty members in courses related to financial literacy, accounting, management, entrepreneurship, marketing, sales, and information systems. Coursework for the Business Minor will be delivered largely online with in-person events periodically.

The Business Minor consists of 5 core courses and 1-2 approved electives for a minimum of 27 credits.

Core Courses:

FIN 205: Personal Financial Literacy (4 CR)

ACCTG 219: Essentials of Accounting (4 CR)

MGMT 305: Essentials of Management and Entrepreneurship (5 CR)

MKTG 305: Essentials of Marketing and Sales (5 CR)

IS 305: Essentials of Business Finance and Information Systems (5 CR; prerequisite: FIN 205)

Elective Courses:

R E 250: Introduction to Real Estate (3 CR)

ECON 200: Introduction to Microeconomics (5 CR)

MKTG 370: Retailing (4 CR; prerequisite: MKTG 305)

MKTG 445/MGMT 445: Multicultural Marketing and Business Development (4 CR; prerequisite: MKTG 305)

MKTG 456: Advertising (4 CR; prerequisite: MKTG 305)

MGMT 401: Leadership Development (4 CR)

MGMT 402: Negotiations (4 CR)

MGMT 403: Developing High Performing Individuals, Teams, and Organizations (4 CR)

ENTRE 372: Grand Challenges for Entrepreneurship (4 CR)

ENTRE 440: Business Plan Practicum (2 CR)

ENTRE 443: Environmental Innovation Practicum (2 CR)

ENTRE 445: Health Innovation Challenge Practicum

To declare the Business Minor, students must have a declared major and at least 45 credits completed. The Business Minor is an open minor and can be declared with your major advisor.

Registration for Business Minor courses opens for students as follows:

Period 1

FIN 305, ACCTG 219, MKTG 305, IS 305, MGMT 305, ECON 200, R E 250

Period 2

MGMT 401, MGMT 402, MGMT 403, MGMT 404, MKTG/MGMT 445, ENTRE 440, ENTRE 443, ENTRE 445

2 Weeks Before First Day of the Quarter

MKTG 370, MKTG 456, ENTRE 372

If you have questions about the Business Minor, Foster School advising offers the following resources:

Students who wish to try out business coursework before committing to the Business Minor or who do not have enough space in their schedule to complete the full minor have the option of completing the Business for Life digital badge.

Digital badges are verifiable micro-credentials that can be shared on social media such as LinkedIn and used in e-portfolios or digital resumes. To earn the Foster School Business for Life badge, students need to take FIN 205 or ACCTG 219, plus two of any additional Business Minor core courses (MGMT 305, MKTG 305, or IS 305).

Once you have completed the 3 Business courses, the Foster School will award you the Business for Life digital badge. The badges are awarded at the end of each quarter, and you will receive an email notification of your badge which you can share on LinkedIn.

Can any of the core courses (ACCTG 219, FIN 205, MGMT 305, IS 305, MKTG 305) count toward the business major if I were later admitted to Foster?

NO.  None of the Business Minor core courses will fulfill degree requirements for the Business Major.  If you are planning to apply to the Foster School major, we do not recommend taking any of these core courses.

Can ACCTG 219 replace ACCTG 215 and 225 for applying to the Foster School’s business major?

No, ACCTG 219 will only fulfill requirements for the Business Minor and Entrepreneurship Minor; it does not fulfill the pre-application requirement to apply to the business major.

Are the core courses offered every quarter?

ACCTG 219 and FIN 205 are typically offered Autumn, Winter, and Spring.  MGMT 305, IS 305, and MKTG 305 are typically offered twice a year.

If I have already taken MKTG 301, do I still need to take MKTG 305?

Yes, MKTG 301 does not replace MKTG 305.

I am in the Sales Program and have taken MKTG 301 and MKTG 335, do I still need to take MKTG 305?

No, students who have completed MKTG 301 and MKTG 335 can receive credit for MKTG 305.

Do I need to apply to the business minor?

No, the business minor is an open minor that students can declare with their major advisor after they have a major declared and 45 credits completed.

How do I drop the minor?

Contact your major advisor to submit a new Change of Major/Minor form.

Can I use transfer credits from other institutions to fulfill requirements for the business minor?

Yes, approved equivalents from other institutions can be used to fulfill business minor requirements. To get a course approved, start by emailing [email protected].

Can I use Foster’s Career Services if I am declared in the business minor?

Foster Career Coaching is only available to students admitted to the business major, but many of the Foster Career Services events are open to all students including the annual Business Career Fair each October. You can find all events on Handshake.

Can I get credit for an internship and use it to meet the elective requirements of the minor?

No, internship credit does not fulfill elective credit for the business minor.

Which course are offered online versus in-person?

All the core courses will be offered online, and all of the elective courses will be offered in person.

Can I use study abroad credits to fulfill requirements for the business minor?

Yes. All the Foster School short-term study abroad Exploration Seminars will fulfill an elective.  If you took other business courses on a study abroad program, send the course syllabus to [email protected] to review.

Can I take courses for the minor S/NS?

No, all courses for the minor must be completed on the numerical grading basis.

What other ways can I engage with the Foster School of Business?

Many of the Foster School student clubs and organizations are open to all students: https://foster.uw.edu/academics/degree-programs/undergraduate-programs/student-organizations/.

Select Foster School Exploration Seminar study abroad programs are open to all students: https://foster.uw.edu/exploration-seminars/.

If I am in the Foster school of Business major, can I declare the Business Minor or receive the Business for Life badge?

No, these programs are for students who are not admitted to the Business major.

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