Management Minor

The Management Minor is for students in majors outside of the Carlson School of Management to gain exposure to business while developing knowledge in a focus area of business that complements their major and career goals.

Students are admitted on a rolling basis and are encouraged to apply for the minor as soon as they have completed microeconomics or business economics, and statistics. A minimum 2.5 GPA is recommended.

There are new minor requirements starting in Fall 2022. Students who declare the minor during the transition period (Spring 2022 through Spring 2023) may choose to follow either the old (pre-Fall 2022) minor requirements or the new Fall 2022 requirements and will be asked to note their preference on the application form. See more about eligibility for the different options below.

Questions about this can be directed to the Management minor advisor at mgmtmnr@umn.edu.

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Eligibility (pre-Fall 2022)

Along with having a GPA of at least 3.0, students must complete the following courses with a C- or better on an A - F grading basis to be eligible for the management minor. Exceptions will be made for students earning an S grade in these prerequisite courses if they elect for the S/N grading scale due to the grading policy changes during the COVID-19 public health situation. Please review the updated policies. Students need to have these classes completed prior to filling out an application.

ECON 1101 Microeconomics (4 credits)
- Substitutes: APEC 1101
MATH 1031 College Algebra (3 credits)
- Substitutes: An advanced math course, such as calculus or finite math
SCO 2550 Business Statistics (4 credits) or BA 2551 Business Statistics in R (4 credits)
- Substitutes: STAT 3011, 3021, or 3022; PSY 3801; SOC 3811; IE 3521 or IE 4521; EE 3025; CE 3102; STAT 4101/4102 sequence, STAT 5101/5102 sequence, MATH 5651/5652 sequence, BIOL 3272, or ANSC 3011
- BA 2551 Business Statistics in R is the replacement course for SCO 2550 Business Statistics beginning in Fall 2022.

A macroeconomics course is recommended (but not required).

Minor Requirements (pre-Fall 2022)

In addition to the prerequisites, students must complete the following with a grade of C- or better on an A-F grading basis. At least 3 upper-division credits that satisfy requirements for the minor must be taken through the campus that will award the minor.

Course	Credits	Title & Additional Information
ACCT 2051*	4	Introduction to Financial Accounting
Plus 4 courses from the following:
ACCT 3001	3	Introduction to Managerial Accounting
FINA 3001	3	Finance Fundamentals
HRIR 3021*	3	Human Resource Management and Industrial Relations
IDSC 3001*	3	Information Systems for Business Processes and Management
MGMT 3001	3	Principles of Management
MGMT 3015	4	Introduction to Entrepreneurship
MKTG 3001	3	Principles of Marketing
SCO 3001	3	Supply Chain and Operations
PA 3003	3	Nonprofit/Public Finance and Budgeting
PA 4101	3	Nonprofit Management and Governance

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of these courses if there is space available.

View Program Requirements and Course Descriptions

Eligibility (Fall 2022 & later)

Along with a recommended minimum GPA of 2.5, students must complete the following prerequisites with a C- or better on an A - F grading basis to be eligible for the management minor. Exceptions will be made for students earning an S grade in these prerequisite courses if they elect for the S/N grading scale due to the grading policy changes during the COVID-19 public health situation. Please review the updated policies. Students need to have these classes completed prior to filling out an application.

ECON 1101 Microeconomics (4 credits) or ECON 1165 Business Economics (4 credits)
BA 2551 Business Statistics in R or STAT 1001 or higher (4 credits)
- Approved options: STAT 3011, 3021, or 3022; PSY 3801; SOC 3811; IE 3521 or IE 4521; EE 3025; CE 3102; STAT 4101/4102 sequence, STAT 5101/5102 sequence, MATH 5651/5652 sequence, BIOL 3272, or ANSC 3011.
- BA 2551 is the replacement course for SCO 2550 Business Statistics beginning in Fall 2022. SCO 2550 will be accepted if already completed.

Minor Requirements (Fall 2022 & later)

In addition to the prerequisites, students must complete all minor courses with a grade of C- or higher on the A-F grading basis. At least 3 upper-division credits that satisfy requirements for the minor must be taken through the campus that will award the minor.

MINOR CORE CURRICULUM - 6 CREDITS

Course	Credits	Title & Additional Information
ACCT 2051* or equivalent	4	Financial Reporting
BA 2051	2	Modeling Business Scenarios in Excel

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of this course if there is space available.

PLUS 7 CREDITS MINIMUM CHOSEN FROM ONE OF THE MINOR FOCUS OPTIONS:

Note: Focus areas cannot be mixed and matched. Minimum 7 credits must come from the same focus area. Substitutions will not be allowed.

Course	Credits	Title & Additional Information
CHOOSE A MINIMUM OF 7 CREDITS FROM THE FOLLOWING:
ACCT 3001	3	Managerial Accounting
FINA 3001	3	Finance Fundamentals
HRIR 3021*	3	Human Capital Management
IDSc 3001*	3	Information Systems & Digital Transformations
MKTG 3001	3	Principles of Marketing
MGMT 3001	3	Principles of Management
MGMT 3015	4	Intro to Entrepreneurship
SCO 3001	3	Supply Chain and Operations
BA 2062	2	Powerful Problem Solving

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of these courses if there is space available.

Course	Credits	Title & Additional Information
ACCT 3001	3	Managerial Accounting
ACCT 5101	4	Intermediate Accounting

Course	Credits	Title & Additional Information
MGMT 3015	4	Intro to Entrepreneurship
PLUS ADDITIONAL CREDITS FROM:
MGMT 4175W	4	New Business Feasibility & Planning
MGMG 4171W & MGMT 4172	8	Entrepreneurship in Action (parts 1 & 2)
MGMT 4085W	4	Applied Technology Entrepreneurship

Course	Credits	Title & Additional Information
FINA 3001	3	Finance Fundamentals
PLUS 4 ADDITIONAL CREDITS FROM:
FINA 4121	2	Financial Markets and Interest Rates
FINA 4221	2	Principles of Corporate Finance
FINA 4321	2	Portfolio Management and Performance Evaluation
FINA 4621	2	Global Economy

Course	Credits	Title & Additional Information
HRIR 3021*	3	Human Capital Management
PLUS 4 ADDITIONAL CREDITS FROM:
HRIR 3031	2	Staffing Selection
HRIR 3032	2	Training and Development
HRIR 3051	2	Compensation
HRIR 3071	2	Union Organizing and Labor Relations
HRIR 5222	2	Creating and Managing Diversity and Inclusion

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of these courses if there is space available.

OR LABOR RELATIONS FOCUS

Course	Credits	Title & Additional Information
HRIR 3021*	3	Human Capital Management
PLUS:
HRIR 3071	2	Union Organizing and Labor Relations
HRIR 3072	2	Collective Bargaining and Dispute Resolution

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of these courses if there is space available.

OR ORGANIZATIONAL BEHAVIOR FOCUS

Course	Credits	Title & Additional Information
HRIR 3041	2	Org Behavior: Work Motivation and Workplace Dynamics
HRIR 3042	2	Org Behavior: Groups and Teams
PLUS 4 ADDITIONAL CREDITS FROM:
MGMT 4044	4	Negotiation Strategies
HRIR 5222	2	Creating and Managing Diversity and Inclusion
HRIR 5443	2	Principles of Effective Coaching

Course	Credits	Title & Additional Information
IDSc 3001*	3	Information Systems & Digital Transformations
PLUS 4 ADDITIONAL CREDITS FROM:
IDSc 3104	2	Enterprise Systems
IDSc 3202	4	Analysis and Modeling of Business Systems
IDSc 4401	2	Information Security
IDSc 4411	2	IT Governance and Assurance
IDSc 4441	2	Electronic Commerce
IDSc 4455	2	Business of Social Media
IDSc 4471	2	Agile Methods

*After open enrollment starts, Management Minor students are allowed to take CSOM-only sections of these courses if there is space available.

Course	Credits	Title & Additional Information
MKTG 3001	3	Principles of Marketing
PLUS ONE OF THE FOLLOWING COURSES:
MKTG 3011	4	Marketing Research
MKTG 3041	4	Buyer Behavior

Course	Credits	Title & Additional Information
MGMT 3001	3	Principles of Management
PLUS 4 ADDITIONAL CREDITS FROM:
MGMT 4033	2	Strategy Implementation
MGMT 4034	2	Technology Strategy
MGMT 4055	2	Managing Innovation & Change

Course	Credits	Title & Additional Information
SCO 3001	3	Supply Chain and Operations
PLUS 4 ADDITIONAL CREDITS FROM:
SCO 3041	2	Project Management
SCO 3045	2	Sourcing and Supply Management
SCO 3048	2	Transportation and Logistics Management
SCO 3051	2	Service Management
SCO 3056	4	Supply Chain Planning and Control
SCO 3059	4	Quality Management and Lean Six Sigma
SCO 3072	2	Managing Technologies in the Supply Chain

Contact Us

Management Minor Advisor
612-624-3313
mgmtmnr@umn.edu

To schedule an appointment to speak with an advisor about the Management Minor, please email mgmtmnr@umn.edu with your questions, and they will schedule an appointment or direct you to drop-in advising as necessary.