Undergraduate Minor - Strategic Management

Strategic management involves decisions about the set of goal-directed, coordinated commitments and actions that a firm undertakes to gain and sustain superior performance relative to competitors. It includes diagnosing the competitive challenges facing a firm, formulating strategies (including corporate, business, international, etc) to address the competitive challenges, and devising a coherent set of actions to implement a firm’s strategy. 

Knowledge of strategic management complements students’ mastery of particular functional or operational areas, and allows Carlson graduates to understand how their functional roles and activities in a firm relate to the firm’s overall strategic objectives.

Minor Curriculum

View the full Strategic Management Minor catalog:

Strategic Management Minor Program Requirements & Course Descriptions

 

Note: Mgmt 3004 Business Strategy should be completed before starting the minor coursework.

Josie Machayya

I chose the Strategic Management minor because it allows me to understand how organizations achieve and sustain competitive advantage while connecting my future role to a company's broader goals. I find it fascinating to analyze competitive strategies that drive long-term success and add value to an organization.

Josie Machayya, '27 BSB

FAQ

Strategic Management is how a company:

  • Sets its direction
  • Decides on the businesses and activities it wants to be in
  • The investments that it will to make
  • How it allocates resources
  • How it engages in a coherent set of actions to implement its strategies

The Strategic Management minor prepares students to think about these kinds of challenges at all levels of an organization.

Students will learn about the different challenges companies face at various levels of strategy such as corporate strategy, business strategy, international strategy, and more. The coursework is application and case-based, putting real-world situations into the classroom. Students get hands-on with a variety of cases throughout the semester. 
 

All companies engage in strategic management. An understanding of how strategy can impact every facet of the business can help students succeed regardless of their functional area.

The Strategic Management minor complements any Minnesota Carlson major. It is well suited for students who would like to be organizational leaders. The more students understand about the strategic problems and opportunities a company faces, the faster they can be a part of those decisions. 

Contact Undergraduate Program