Business Administration Major

The Business Administration major provides the foundation for students who want to work for small- and medium-sized enterprises or multinational corporations, start their own business, pursue professional qualifications, or go on to graduate study. Students have the opportunity to specialize in accounting, finance, marketing, or management, and our top students may pursue a senior thesis or project. Entrepreneurially minded students have the opportunity to form a limited liability company and present a business plan to potential investors. They can also complement the Business Administration major with a minor in Entrepreneurship. Those interested in pursuing a career in marketing can couple the Business Administration major with a minor in Integrated Marketing Communications.

The Business Administration curriculum is designed to enable all graduates to meet the following skill- and competency-based outcomes:

  • read, analyze, and make recommendations based upon organizational research;
  • use systematic, proactive, progressive, and creative problem-solving strategies;
  • use and manage information and technology effectively;
  • develop and use effective leadership skills;
  • understand and respond to the interpersonal and group issues that influence productivity, satisfaction, and quality in the workplace;
  • be committed to ethical principles, high standards of professional conduct, personal and professional excellence, and lifelong learning;
  • develop and use successful team development and decision-making strategies;
  • develop competencies for effectively integrating the functional areas of business;
  • analyze and manage the processes of designing, producing, and distributing products and services;
  • use quantitative and qualitative procedures for organizing, understanding, and presenting data to aid decision making;
  • acquire the analytical skills necessary to make effective and efficient business decisions;
  • develop and apply strategic management concepts in a socially acceptable manner;
  • analyze and understand a firm’s internal and external business environments; and,
  • understand and respond positively to global, political, economic, and legal and regulatory aspects of business.

Our graduates have been hired by large international companies such as Anheuser-Busch InBev, Citigroup, Colgate-Palmolive, Credit Suisse, Deloitte, Google, ING, KPMG, Kraft, Nestle, Phillips, Price-Waterhouse-Coopers, and Procter & Gamble. Others have achieved success in smaller companies or with their own businesses, and others have completed graduate degree programs in prestigious American and European universities.

Total: 37 credit hours

Required Courses (28 credit hours):

BUS 101 Management in a Global Environment
BUS 201 Management Information Systems
BUS 220 Financial Accounting
BUS 221 Managerial Accounting
BUS 260 Marketing
BUS 300 Business Ethics (WIC)
BUS 330 Corporate Finance I
BUS 340 Organizational Theory and Behavior
BUS 448 Strategic Management

BUS 220 is substitutable by ENT 220. BUS 260 is substitutable by ENT 261.

Note: To declare the Business Administration major, a student must earn a GPA of at least 2.50 in the first five required Business Administration courses: BUS 101, BUS 201, BUS 220, BUS 221, and BUS 260.

Elective Courses (9 credit hours):

Nine credit hours out of any of the additional 300- and 400-level Business Administration major and Entrepreneurship minor courses are required.

A completed senior project (BUS 490) or thesis (BUS 491 and BUS 492) may substitute for the state exam; a maximum of three credit hours from these courses may count as electives.

Three credit hours may come out of the following non-BUS electives:

EUR 303 Policies and Policy-Making in the EU (WIC)
EUR 320 Internal Market and EU Competition Law
JMC 220 Digital Storytelling
JMC 370 Public Relations Fundamentals
JMC 389 Advertising Fundamentals
SES 360 Cross-Cultural Management and Corporate Culture


The concentrations within the Business major build upon the nine required courses to create a specific focus within the discipline. Students may declare one of the following concentrations:

Accounting Concentration

BUS 220 Financial Accounting
BUS 221 Managerial Accounting

Plus six credit hours out of the following:

BUS 320 Intermediate Accounting I
BUS 321 Intermediate Accounting II
BUS 428 Topics in Accounting Practice
BUS 429 Topics in Accounting

Finance Concentration

BUS 330 Corporate Finance
BUS 430 Corporate Finance II

Plus six credit hours out of the following:

BUS 431 Investment and Portfolio Management
BUS 433 Company Valuation and Value Creation
BUS 438 Topics in Finance Practice
BUS 439 Topics in Finance

Marketing Concentration

BUS 260 Marketing
BUS 361 Consumer Behavior

Plus six credit hours out of the following:

BUS 362 Marketing Research
BUS 468 Topics in Marketing Practice
BUS 469 Topics in Marketing
ENT 462 New Product Development
JMC 220 Digital Storytelling

NOTE: Students cannot declare a minor in Integrated Marketing Communications and a concentration in Marketing.

Management Concentration

BUS 300 Business Ethics (WIC)
BUS 340 Organizational Theory and Behavior
BUS 448 Strategic Management

Plus six credit hours out of the following:

BUS 449 Topics in Management
BUS 450 Human Resource Management
BUS 451 HRM Issues I: Staffing and Compensation
BUS 452 HRM Issues II: Performance Management
BUS 458 Topics in Management Practice
ENT 300 Entrepreneurship
ENT 400 Topics in Entrepreneurship
ENT 401 Topics in Entrepreneurship Practice
ENT 440 Conflict Management
ENT 441 Change Management

Independent studies may be counted towards a specialization at the discretion of the department chair.

Disciplinary Honors in Business

Disciplinary honors may be given to a Business major who upon graduation has

  • achieved a GPA-in-major of at least 3.66;
  • successfully completed and publicly defended a senior project or senior thesis in front of a panel of BUS faculty; and,
  • received a grade of A for the senior project or thesis.

The panel will decide whether or not to recommend honors based on the project research, complexity, development, professionalism, presentation, demonstration, and documentation.

NOTE: A successfully completed senior project or senior thesis counts as a Bulgarian Diploma Thesis and substitutes for the Bulgarian state exam.

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