Business Administration, Business Economics, B.S.

An Economics degree provides students with a wide range of transferable skills to study choices and decisions made by individuals, businesses, and nations. It is a flexible choice for students seeking a rigorous, well-respected, and versatile major without specializing in a narrowly defined area too early. Popular career choices for economics students include: banking, finance, insurance, management, consulting, and government. An education in Economics also provides an excellent preparation for graduate studies in law, medicine, business, public administration, environmental studies, and economics.

The BS in Business Economics exposes students to multiple business areas and is an excellent choice for students looking to acquire analytical skills vital for business environments or considering an MBA program after graduation.

Specific offerings for each semester may be found in the Schedule of Classes.

Requirements for the major in Business Administration, Business Economics, B.S.

Students seeking the Bachelor of Science degree in Business Economics must complete a minimum of 120 credits including the following requirements:

General Education requirements

In order to graduate on-schedule without taking additional courses, it is highly recommended that students meet with an Undergraduate Academic Adviser concerning the selection of all of their general education courses.

Each candidate for an Oakland University baccalaureate will need to satisfactorily complete approved courses in each of the following areas: Foundations, Explorations, and Integration. For details, refer to the General Education Requirements section of the catalog.

Business Pre-Core required courses

ACC 2000 - Financial Accounting (4)
ACC 2100 - Managerial and Cost Accounting I (4)
COM 2000 - Public Speaking (4) or COM 2403 - Group Dynamics and Communication (4) or COM 3401 - Communication in Organizations (4) or COM 3403 - Interpersonal Conflict (4)
ECN 2020 - Principles of Global Macroeconomics (4) or ECN 2000 - Principles of Macroeconomics (4)
ECN 2010 - Principles of Microeconomics (4)
MIS 1000 - Business Problem Solving with Information Technology (3)
MTH 1221 - Linear Programming Elementary Functions (4) or MTH 1441 - Precalculus (4) or MTH 1331 - College Algebra (4)
MTH 1222 - Calculus for the Social Sciences (4) or MTH 1554 - Calculus I (4)
QMM 2400 - Statistical Methods for Business I (3) or STA 2220 - Introduction to Statistical Concepts and Reasoning (4) or STA 2226 - Applied Probability and Statistics (4)
QMM 2410 - Statistical Methods for Business II (3)
SBC 1990 - ACHIEVE I (0)
SBC 2990 - ACHIEVE II (0)

*If a student places into and completes MTH 1222 or MTH 1554 with the required minimum grade, MTH 1221 or MTH 1441 or MTH 1331 is not required.

*If a student receives transfer credit for MTH 1222 or MTH 1554, MTH 1221 or MTH 1441 or MTH 1331 is not required.

Business Core required courses

ECN 3030 - Managerial Economics (3)
FIN 3220 - Managerial Finance I (3)
MGT 3500 - Legal Environment of Business (3)
MGT 4350 - Management Strategies and Policies (3)
MIS 3000 - Management Information Systems (3)
MKT 3020 - Marketing (3)
ORG 3300 - Introduction to Organizational Behavior (3)
ORG 3310 - Introduction to the Management of Human Resources (3)
POM 3430 - Operations Management (3)
WRT 3082 - Business Writing (4) or ENG 3110 - Advanced Critical Writing (4)

Economics (ECN) required courses

ECN 3020 - Intermediate Macroeconomics (3)
ECN 3040 - Consumer and Welfare Economics (3)
ECN 3990 - ACHIEVE III - Business Economics (0)
ECN 4050 - Econometrics (3)
ECN 4180 - Seminar in Economic Policy (3)

Complete three Economics elective courses

ECN 3060 - Applied Time Series Analysis in Business (3)
ECN 3070 - Using “BIG” Data for Economic Problems (3)
ECN 3090 - Introduction to Public Finance (3)
ECN 3100 - Economics of Energy and the Environment (3)
ECN 3150 - Economics of Gender and Ethnicity (3)
ECN 3210 - Financial Markets and Economy (3)
ECN 3260 - International Economic Development (3)
ECN 3330 - History of Economic Thought (3)
ECN 3380 - Economics of Human Resources (3)
ECN 3500 - Insurance and Risk Management (3)
ECN 3670 - Economics of Health Care (3)
ECN 3730 - International Trade (3)
ECN 3740 - Economics of Intl Finance (3)
ECN 3780 - Economic Analysis of Law (3)
ECN 3800 - Topics in Economics (3)
ECN 3810 - Mathematical Analysis for Economists (3)
ECN 3850 - Economics of Industries (3)
ECN 4090 - Urban and Regional Economics (3)
ECN 4210 - Monetary Economics (3)
ECN 4560 - Public Finance (3)
ECN 4900 - Special Topics in Economics (3)

Additional requirements

Students must complete the core program and the requirements of one of the business majors in the SBA with a minimum grade of C in each of the pre-core, core and major courses. Once admitted to the business program as a pre-business or undecided business student or major, a student must complete all of the remaining business core, major and business minor coursework for the degree at Oakland University;

Students must complete at least 31 credits of courses offered by the School of Business Administration, excluding ECN 1500, ECN 2000 or ECN 2020, ECN 2010, ECN 2100 and QMM 2400 and QMM 2410. Of these 31 credits, at least 12 credits must be in the student’s major.

Students earning an additional major are permitted to do so in all areas except general management. No more than four credits of independent study (4996) courses may be used to meet the major elective requirement. Courses numbered 3800 and 4900 may be repeated for up to eight credits provided the topics are different. All major courses require a 2.6 GPA or better or major standing to take these courses (excludes Economics and non-SBA major courses).