Business Management Major | Minor

The business management major and minor at Union Commonwealth University prepare students for diverse careers, from entrepreneurship to corporate, governmental, or non-profit roles. The coursework emphasizes ethical decision-making and offers hands-on experiences through internships. Students develop crucial leadership, analytical, and communication skills necessary for success in a dynamic, globalized economy.

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  • Degree Outlook

    Examples of potential roles within a business career include: business manager, office manager, business consultant, financial manager, human resources manager, management analyst and other business functions.


    Median Pay: $107,360

    Typical Entry-Level Education: Bachelor's

    Job Outlook: Overall employment in management occupations is projected to grow faster than the average for all occupations from 2022 to 2032. About 1.1 million openings are projected each year, on average, in these occupations due to employment growth and the need to replace workers who leave the occupations permanently.


    Above information sourced from 2021 data from the U.S. Bureau of Labor Statistics

  • Admission Information

    A minimum 2.0 GPA is the requirement for admission at Union Commonwealth University. 

  • Major Curriculum

    Required Courses for all Accounting, Business Management, and Marketing Majors | 18 Credit Hours


    ACTG 270 Accounting for Managers (3 Credit Hours)

    This is an Accounting course for non-majors. It is a study of financial statements without the debits and credits. The study will emphasize analysis and use of financial statements rather than creation of them. This will be more beneficial for managers and investors than a course on bookkeeping.


    Or 


    ACTG 271 Managerial Accounting (3 Credit Hours)

    Introduction to analysis and interpretation of accounting data with emphasis on its use by managers in planning operations, controlling activities, and in decision making. ACTG 270 accepted as substitute.


    BUAD 151 Business Essentials (3 Credit Hours)

    A study of business functions, methods of business operation, types of business ownership, and the role of business organizations in contemporary society. The course covers the organization and role of business in the free enterprise system. The course is designed to provide an overview of the field of business and to provide a framework into which specialized fields may be studied.


    BUAD 302 Business Communications (3 Credit Hours)

    Methods of mastering writing, research, and presentation skills needed in business. The course emphasizes preparing, organizing, and communicating business information. Also enhances speaking, reading, and listening skills. Prerequisite: BUAD 151.


    BUAD 310 Legal Environment of Business (3 Credit Hours)

    This course provides a theoretical legal framework within which responsible decisions can be made. The course relates legal principles of the firm’s responsibility to society. The traditional legal environment topics, such as judicial reasoning, administrative law, antitrust law, contracts, torts, agencies, real and personal property, leases, bankruptcy, and business-related laws are discussed.


    CIS 241 Intermediate Technology Applications (3 Credit Hours)

    An intermediate level of office productivity applications, such as word processing, spreadsheet, presentation, database, and web-page design are presented. Students will gain an in-depth theoretical and practical knowledge of these applications. They will be capable of implementing the knowledge attained in this course to solve business problems. (Formerly COMP 241)


    ECON 204 Principles of Microeconomics (3 Credit Hours)

    This course will introduce the student to microeconomic theory, including demand and supply analysis, elasticity, the production function, price and output determination, costs of production, pricing and employment of resources, and market structures.


    Business Management Major Requirements (30 Additional Credit Hours)


    Requires 30 semester hours including:


    BUAD 303 Business Statistics (3 Credit Hours)

    This course is designed to familiarize basic concepts of statistics and statistical methods used in business. This course aims to equip students with the capability for applying statistical methods and interpreting the meaning of the result. It includes topics such as: organizing and interpreting data; probability; hypothesis testing; correlations and regressions; Chi square and F-distributions; and nonparametric statistics. Prerequisite: MATH 110 or MATH 131.


    BUAD 351 Principles of Finance (3 Credit Hours)

    This course introduces managerial finance as a functional area of business, including financial analysis, working capital practices, capital budgeting, corporate valuation, and cost of capital and capital structure, while building upon the quantitative analysis associated with the managerial financial activities of an organization. Financial analysis will require expanded use of Excel. Prerequisite: ACTG 271.


    BUAD 451 Strategic Decisions (3 Credit Hours)

    A Capstone course for Business Administration majors which attempts to bring together knowledge acquired in all of the functional areas of business (accounting, economics, finance, management, marketing and technology). Strategic decision-making models will be introduced to develop the implementation of functional knowledge to life situations. Prerequisites: senior status in Business Administration or Sports Management program and the successful completion of ACTG 272, BUAD 310, BUAD 351, ECON 204, MKTG 321 and MGMT 352. Students must earn a grade of “C” or higher in this course.


    ECON 203 Principles of Macroeconomics (3 Credit Hours)

    This course will introduce the student to macroeconomic theory including a study of the economizing problem, pure and mixed economics systems, demand and supply, the economic functions of government, national income accounting, the business cycle, employment theory, money and banking, and fiscal policy.


    MGMT 352 Principles of Management (3 Credit Hours)

    This course introduces management and leadership as a functional area of business, including the development of organizational plans, policies and procedures, and provides exposure to basic theoretical developments in management and leadership thought. Research and theoretical analysis associated with management activities of an organization in the global and ethical environments will be studied. Management and leadership analysis will be presented in written and oral communication media. Prerequisite: BUAD 151 or permission from instructor.


    MKTG 321 Principles of Marketing (3 Credit Hours)

    This course introduces marketing as a functional area of business. It discusses the movement of goods and services from producer to consumer while examining the elements of the marketing mix (product, price, place, and promotion). The global, ethical, and legal issues found in the marketing environment will also be studied. Prerequisite: BUAD 151.


    MGMT 372 Human Resource Management (3 Credit Hours)

    Using a system-process model, this course discusses the various subsystems (recruitment, selection, compensation, task specification, etc.) which fall under the responsibility of the HRM function. The subsystems are designed to provide for the efficient and effective utilization of human resources in business concerns. Prerequisite: MGMT 352.


    MGMT 374 Operations Management (3 Credit Hours)

    This course utilizes the systems approach to study quality, process, capacity, inventory, and workforce to analyze and solve both production and service enterprise problems. Topics include product management and control, process flow analysis, environment layout, forecasting, materials requirements planning, and performance improvement. Prerequisite: MGMT 352.


    General Electives, 6 hours upper level (300+ level) elective courses in ACTG, BUAD, ECON, MGMT, or MKTG 



  • Minor Curriculum

    Business Management Minor Requirements (18 Credit Hours) (For Non-Business-Related Majors)


    Requires 18 semester hours including:


    ACTG 270 Accounting for Managers (3 Credit Hours)

    This is an Accounting course for non-majors. It is a study of financial statements without the debits and credits. The study will emphasize analysis and use of financial statements rather than creation of them. This will be more beneficial for managers and investors than a course on bookkeeping.


    BUAD 151 Business Essentials (3 Credit Hours)

    A study of business functions, methods of business operation, types of business ownership, and the role of business organizations in contemporary society. The course covers the organization and role of business in the free enterprise system. The course is designed to provide an overview of the field of business and to provide a framework into which specialized fields may be studied.


    ECON 204 Principles of Microeconomics (3 Credit Hours)

    This course will introduce the student to microeconomic theory, including demand and supply analysis, elasticity, the production function, price and output determination, costs of production, pricing and employment of resources, and market structures.


    BUAD 310 Legal Environment of Business (3 Credit Hours)

    This course provides a theoretical legal framework within which responsible decisions can be made. The course relates legal principles of the firm’s responsibility to society. The traditional legal environment topics, such as judicial reasoning, administrative law, antitrust law, contracts, torts, agencies, real and personal property, leases, bankruptcy, and business-related laws are discussed.


    MGMT 352 Principles of Management (3 Credit Hours)

    This course introduces management and leadership as a functional area of business, including the development of organizational plans, policies and procedures, and provides exposure to basic theoretical developments in management and leadership thought. Research and theoretical analysis associated with management activities of an organization in the global and ethical environments will be studied. Management and leadership analysis will be presented in written and oral communication media. Prerequisite: BUAD 151 or permission from instructor.


    MKTG 321 Principles of Marketing (3 Credit Hours)

    This course introduces marketing as a functional area of business. It discusses the movement of goods and services from producer to consumer while examining the elements of the marketing mix (product, price, place, and promotion). The global, ethical, and legal issues found in the marketing environment will also be studied. Prerequisite: BUAD 151.

Gather your supporting documents and visit our Undergraduate Application for Admission to begin your educational journey at Union Commonwealth University.


Contact Us


Union Commonwealth University Admissions

Phone: 1-800-489-8646


Union Commonwealth University

310 College Street

Barbourville, KY 40906



admissions@unionky.edu

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