New Minor in Business
Starting Fall 2013, a unique, 12 hour minor was created for non-business majors so that they can effectively perform in an emerging global business environment. Through integrated modular coursework, students are introduced to the essential elements of Marketing, Management, Accounting, Finance, and Corporate Social Responsibility.
Once completed, students then choose between one of three business track options: Innovation, Analytics or Entrepreneurship. Students have the option of completing multiple tracks for increase breadth of application.
Finally, students complete their minor requirements through a business Capstone course that focuses on strategy, application, and the development of a business plan.
Note: Courses are available in Fall and Spring only and due to program cost, there is a $500 per course fee. Scholarships are available. Please view the details via the menu on the left.
Spring Info Sessions
Wednesday, Feb 26th
4:00pm – 4:45pm
Thursday, March 6th
3:30pm – 4:15pm
Monday, March 10th
3:00pm – 3:45pm
Tuesday, March 18th
4:30pm – 5:15pm
Thursday, April 3rd
3:30pm – 4:15pm
Wednesday, April 9th
3:00pm – 3:45pm
All students accepted into the new minor are required to attend a 5 hour, one day on-boarding experience before classes begin for the semester that they apply. The dates will be announced to each cohort as they are accepted. Students should plan to be available the Thursday or Friday before the semester begins.
Pre-requisite Course – Choose one of the following:
ALEKS Business Statistics Online Option
- • Any CU Statistics or Calculus class with a C- or better. If Statistics or Calculus isn’t required for your current major, then Statistics is preferred.
- Statistics Examples at CU:
- MATH 2510
- PSYC 3101
- PSCI 2075
- SOCY 2606
- ECON 3818
- BCOR 1020 (summer only)
- Calculus Examples at CU:
- MATH 1081
- MATH 1300
- APPM 1350
- APPM 1340/45
- • AP, IB credit for Statistics or Calculus or Transfer course from accredited institution– see transfer.org
- • Passing a specially designed on-line Stats tutorial and exam through
An ALEKS Business Statistics tutorial & exam is be available for purchase in the CU Bookstore. The booklet and code are approximately $80.
This self-paced, online option is recommended for students who have some or all of the criteria below:
- • Have had some exposure to Statistics
- • Are good at math
- • Are able to learn in an online environment
- • Are self-motivated & directed
There will be two proctored exams offered each month. Once a student feels they have mastered the ALEKS class material, they are welcome to sign up for the on-campus exam (dates are posted in the ALEKS course). Students are not able to take the exam more than twice. Students will need to pass the comprehensive exam with a 65% or higher in order to be eligible to begin taking minor classes. If a student takes the exam twice and is not able to earn a 65% or higher, they will be encouraged to sign up for a college-level statistics or calculus class where they will need to earn a C- or better.
General Requirement for earning the Minor:
In addition to the required 12 semester hours of course work (see Class Details section), the following requirements apply to the Minor in Business:
- • No pass/fail work may be applied to the minor.
- • The cumulative grade point average for all minor degree course work must equal 2.00 or higher.
- • Transfer work will be evaluated on a case-by-case basis. However, students may be required to take more BUSM track courses to complete 12 hours of minor coursework at CU.
- • All minors must be complete and on record at the time your degree is awarded. The Business Minor cannot be added to a degree program after graduation.
- • New minor courses will not be able to be applied to the Business major.
Requirements Overview (Click for a larger view of chart)
BUSM 2001: Principles of Marketing and Management - Focuses on the skills needed to effectively lead and manage work teams. This course will take a decidedly experiential and applied approach to examining this topic, and evaluating techniques for managing teams. The goal of the course is to learn how to translate the theories into more specific competencies to improve the ability to lead and manage groups. Prereq., Calculus or Statistics
BUSM 2002: Principles of Financial Accounting and Finance - Focuses on the development and interpretation of companies' external financial reports. Emphasizes the concepts and skills needed to make sound financial decisions. Topics include financial statement development, statement analysis, working capital management, time value of money, sources of financial capital, cost and value of bonds and stocks, and capital budgeting or project analysis. Prereq., Calculus or Statistics
BUSM 3001: Managing Innovation in Organizations - Examines the organizational structures that support innovation and organizational change. Creativity and innovation are becoming critical competitive advantages, yet over forty percent of the new products that are launched each year fail in the marketplace. This course focuses on the role of training and teamwork in organizations and the tools needed during new product development to improve success. Prereq., BUSM 2001 & 2002
BUSM 3002: Business and Financial Analytics - Focuses on the use of quantitative tools to interpret and solve important problems in business and finance. Makes extensive use of spreadsheet modeling, analysis, and mini-cases to present material. Targeted at students with an interest in quantitative methods and modeling. Prereq., BUSM 2001 & 2002
BUSM 3003: New Venture Creation - Introduces students to the multiple facets of entrepreneurship including the entrepreneurial process and way of thinking. Venture creation involves many key areas including ideation to opportunity recognition to opportunity evaluation to venture planning to exit. This course will focus on the ideation and opportunity recognition & evaluation areas of venture creation, utilizing tactics such as rapid prototyping and design thinking. Innovation is central to this process and students will be challenged to develop creative solutions to a societal problem or need. Prereq., BUSM 2001 & 2002
BUSM 4001: Professional Business/Venture Plan Development for Business Minor - Using a business plan development model, this capstone course integrates the accounting, finance, management and marketing principles learned previously and incorporates social reasonability and values driven leadership. Objectives focus on the development of professional skills (e.g. time management, career management, team building) through a combination of classroom and experiential learning. Prereq., BUSM 3001, 3002 or 3003
BUSM 2001 & 2002 – Can be taken in either order or at the same time
BUSM 3001, 3002 & 3003 – Pre-req of BUSM 2001 AND 2002. Can choose to take more than one.
BUSM 4001 - Pre-req of BUSM 3001, 3002 or 3003
Students can also ‘pause’ at any time to study abroad or focus on major coursework.
The minor takes a minimum of 3 Fall and Spring semesters to complete. Unfortunately, there are no summer courses available in the minor, nor can we accept transfer work for these unique courses.
Sample Schedule for Students Starting the Business Minor in Fall 2014:
- • Fall 2014 - Take BUSM 2001 Principles of Management and Marketing
- • Spring 2015 - Take BUSM 2002 Principles of Financial Accounting and Finance
- • Fall 2015 - Choose track class (3001, 3002 or 3003)
- • Spring 2016 - Take BUSM 4001
Sample Schedule for Students Starting the Business Minor in Fall 2014 but who need to graduate in Dec 2015:
- • Fall 2014 – Take BUSM 2001 AND BUSM 2002
- • Spring 2015 – Choose track class (3001, 3002 or 3003)
- • Fall 2015 – Take BUSM 4001
Applications are now online and available here
Students should prepare the following information in advance so that they can be ready to fill out the online applications. The statement and the resume should be saved as Word documents with the following title: “First.LastName – Minor Statement” and “First.LastName – Resume”. Students are able to save their application but when they re-enter, they may need to be on the same computer and browser.
The application packet should include:
- • Well-written Statement of Intent—250 words or less of why this minor is important for your academic and career goals
- • Resume—for assistance, please view Career Services’ website
- • Unofficial transcript or access to MyCUInfo– necessary so that course and hour information can be entered onto the application accurately. You will not need to upload this document.
They will be reviewed on a rolling, space available basis with 150 spots available for Fall 2014.
Before students can begin the classes for the minor, they must have met the following:
- • Pre-Requisite of a C- in either Statistics or Calculus (or AB, IB or transfer credit) OR a specially designed ALEKS Statistics class and exam (see Minor Requirements section for details).
- • Minimum of 2.0 GPA & in good academic standing
- • Minimum of 12 hours completed at CU
**If an accepted student has not completed the requirements above before the start of the semester in which they apply, they will be removed from the minor and asked to reapply for the next semester.**
Acceptance and Notification
Applications will be considered on a rolling, space available basis with 150 spots for the Fall 2014 semester. There is a priority deadline of March 15th so that accepted students can have first choice of BUSM classes for the Fall semester. If we are full for the semester, students will be placed on a waitlist and notified as space becomes available.
All students will be notified within 2 weeks of application submission. Minor applicants will be notified of the decision through CU email and the new Business Minor designation will be added to their record (with the track option selected on the application). This designation will allow students to register for the appropriate minor course/s.
Scholarships are available now for the Fall 2014 cohort. All students are encouraged to apply. However, preference may be given to students in specific majors, CU GPAs of 3.0 and above or financial need.
Students applying may want to prepare their essays before starting the application. Students are able to save their application but when they re-enter, they may need to be on the same computer and browser.
- 1. Two part question: Please describe a time in your academic career when you thought that having additional business knowledge would be important to you? What are some specific things that you hope to gain from the business minor? Please upload a word document that is 1000 words or less.
- 2. How has your background influenced your personal development and perceptions regarding diversity? Please upload a word document that is 500 words or less.
- Two part question: Please describe a time in your academic career when you thought that having additional business knowledge would be important to you? What are some specific things that you hope to gain from the business minor? Please upload a word document that is 1000 words or less.
- How has your background influenced your personal development and perceptions regarding diversity? Please upload a word document that is 500 words or less.
Apply by April 1st
Scholarships awarded April 15th
If awarded, the scholarship will cover the $500 per course fee to pursue the minor and will be applied to tuition each semester that the student is enrolled in a minor course (up to $2000.00). Depending on the scholarship type, students may be required to attend special events to connect with their sponsor.
For questions or advising, please contact:
Director, Business Minor
303.492.6515—To make an appointment
Sign up for the Business Minor Email List:
If you would like to be kept informed of upcoming information sessions or updates on the minor, please submit your information here.