Students enrolled in the Fisher College of Business are all working towards a Bachelor of Science in Business Administration. All Fisher students need to complete the business core plus the required courses in one of the 12 specializations the college offers. In addition to the business major, Fisher offers five minors.
All of the minors in Fisher except the general business minor are open to business students. A maximum of three credit hours can be overlapped between a minor and a major. According to Hannah Bushman, an advisor in the Undergraduate Programs and Advising Office, “it is more common for Fisher students to have minors outside of the college.”
General Business: The first minor is simply the general business minor. The general business consists of 15 credit hours and gives students exposure to a breadth of business topics. The five courses included are foundational classes in accounting, finance, human resources, marketing and operations.
For the general business minor, Fisher has separate classes, such as ACCTMIS 2000 and BUSFIN 3120, to keep spaces available for non-Fisher students. As for the difficulty, “content is very similar to what Fisher majors take, but is geared towards students without any business background,” Bushman says.
Students interested in this minor must complete three prerequisites: College Algebra (or equivalent), Microeconomics, and any CS&E course numbered 1110 or higher. Marc Smith’s Foundations of Accounting course (AMIS 2000) also serves as a prerequisite for the foundations of finance course.
Business Analytics: Business is becoming more data-driven, making business analytics a fast-growing field. This minor includes three core courses (BUSMGT 3331, 3332 and 3333) along with two electives from other departments such as accounting, computer science, marketing, and logistics. Fisher students working toward this minor must take Statistics 3201 and 3202, which take the place of STAT 1430 and BUS MGT 2320 and 2321.
“Analytics is very time intensive and quantitative in nature,” Bushman says. “It takes five semesters to complete because of the prerequisite structure.”
Entrepreneurship & Innovation: Fisher has partnered with the College of Engineering and the Department of Design in the College of Arts and Sciences to offer this minor. The required courses in the minor include New Venture Creation (BUSMHR 3510), Introduction to Design Practices (DESIGN 2700), Fundamentals of Product Design and Engineering (MECHENG 5682.01 or .02), and Entrepreneurship & Innovation Practicum (BUSADM 4510). It also includes elective courses in corporate, technological, and social entrepreneurship. This minor’s sequential structure takes four semesters to complete.
Insurance: Like the others, the insurance minor consists of fifteen credit hours and includes two required courses taken by students enrolled in the specialization (BUSFIN 3300 and 4310). Other elective courses include classes from departments such as real estate, accounting, and economics.
Bushman feels that pursuing this minor can be a stepping stool for non-business majors interested in getting an MBA or becoming an entrepreneur: “it is a great way to bridge that gap, get your feet wet in each area of business.”
Real Estate: The curriculum includes an introductory real estate class (BUS FIN 3400), a finance course (BUS FIN 4410), and three electives.
While the curriculum of the Insurance and Real Estate minors and specialization often overlap, “the minors give options to take classes outside of Fisher,” Bushman says.
From the students Bushman encounters, the most popular minors seem to be Entrepreneurship and Real Estate. Both are especially common among finance students.
Completion of either micro or macroeconomics is a prerequisite for the minor.
Overall Advice: “My best advice when it comes to minors is to have a cool talking point during an interview,” Bushman explains. “If reading course descriptions get you excited, it is a quality minor for you.”
Bushman often encounters students who chose a minor even though they do not enjoy studying the subject. Economics is a popular minor among Fisher students because they are all required to take two economics classes regardless.. Minors are supposed to be in an area students truly care about. Bushman urges students not to take a minor if the sole purpose is to enhance a resume.