John,

Thank you for your comments on the proposed revision to the Business Administration minor.

ACCT200 (a 4-credit course) was specifically designed to be a survey of financial and managerial accounting concepts for the non-business major.  For business majors, ACCT207 covers topics in financial accounting, and ACCT208 covers topics in managerial accounting.  Likewise, FINC200 was specifically designed to provide non-business majors with an overview of the role of finance within a business organization and covers many of the same fundamental topics as FINC311, including financial statement analysis, the time value of money, capital budgeting, valuation and the cost of capital.  ACCT200 and FINC200 are perhaps more appropriate courses for non-business students pursuing the minor, especially since these are supporting topics for the Business Administration minor.

In addition, Dean Gempesaw has expressed a preference that the Business Administration minor be kept at 24 credit hours or fewer in order that the minor be accessible and feasible for non-business students who wish to gain some exposure to business concepts.  We feel that substituting ACCT200 for ACCT207&208 and FINC200 for FINC311 produces a comparable educational experience for Economics majors and non-business majors who wish to pursue the minor, while allowing us to keep the total number of credit hours below 24. 

With regard to enrollment targets for the minor, we intend to select about 45 students per year initially, or about 90-100 students in total (juniors and seniors).  This is a reduction from current enrollments in the minor (about 135) because we believe that some students currently choosing the Business Administration minor will be attracted to the proposed new International Business Studies minor or the Advertising minor.

Thanks again for the comments from the UGS committee, and please let me know if there are additional comments.

Rick