Major in Business Administration - Economics

Students in the Economics Track complete the major in Business Administration and 21 units of Economics requirements. 

Requirements for all Business Administration Majors

Courses Required for Admission to Major (18 Units)18
ACCT 201PRINCIPLES OF FINANCIAL ACCOUNTING3
or ACCT 211 HONORS ACCOUNTING PRINCIPLES I
ECON 201MICROECONOMIC PRINCIPLES3
or ECON 203 HONORS MICROECONOMIC PRINCIPLES
ECON 202MACROECONOMIC PRINCIPLES3
or ECON 204 HONORS MACROECONOMIC PRINCIPLES
LEGL 225LEGAL ENVIRONMENT OF BUSINESS3
MATH 211CALCULUS FOR APPLICATIONS3
or MATH 273 CALCULUS I
Select one of the following:3
STATISTICS FOR BUSINESS AND ECONOMICS I
BASIC STATISTICS
HONORS BASIC STATISTICS
Admission to the BUAD major requires an average GPA of 2.7 or higher in the eight courses required for admission. A grade of C or higher is required in each individual course.
Required Business Courses (open to Pre-BUAD majors) (20 Units)20
ACCT 202PRINCIPLES OF MANAGERIAL ACCOUNTING3
or ACCT 212 HONORS ACCOUNTNG PRINCIPLES II
BUSX 301BUSINESS COMMUNICATIONS3
EBTM 250PROBLEM SOLVING IN BUSINESS I1
EBTM 251PROBLEM SOLVING IN BUSINESS II1
EBTM 337ENTERPRISE INFORMATION SYSTEMS3
FIN 331PRINCIPLES OF FINANCIAL MANAGEMENT3
MNGT 361LEADERSHIP AND MANAGEMENT3
MKTG 341PRINCIPLES OF MARKETING3
Required Business Courses (open to BUAD majors only) (12 Units)12
BUSX 460PROFESSIONAL EXPERIENCE3
EBTM 350BUSINESS ANALYTICS3
EBTM 365PRINCIPLES OF OPERATIONS MANAGEMENT3
MNGT 481STRATEGIC MANAGEMENT3
BUAD majors must also complete an approved concentration or track of between 21 and 24 units.
BUAD majors are required to complete the Bloomberg Essentials Certification for Equities prior to graduation.

Economics Track Requirements 

Economics Track Required Courses
ECON 309INTERMEDIATE PRICE THEORY3
ECON 310MACROECONOMIC THEORY3
ECON 313MONEY AND BANKING3
ECONxxxUpper-Level Electives: 112
MANAGERIAL ECONOMICS (recommended as one elective)
Total Units21
1

Note: EBTM 306 and ECON 497 cannot count as electives.

Suggested Four-Year Plan 

Freshman
Term 1UnitsTerm 2Units
ENGL 102 (Core 2)3TSEM 102 (Core 1)3
ECON 201 or 203 (Core 6)3MATH 211 (may substitute MATH 273)3
Prerequisite for MATH 211 (Core 3)3ECON 202 or 2043
Core 4, 5, 8, 10, 11, 12 or 133Core 4, 5, 8, 10, 11, 12 or 133
Core 5, 8, 10, 11, 12 or 133Core 5, 8, 10, 11, 12 or 133
 15 15
Sophomore
Term 1UnitsTerm 2Units
ACCT 201 or 2113ACCT 202 or 2123
ECON 205 or MATH 2313EBTM 2501
LEGL 2253EBTM 2511
Core 4, 5, 8, 10, 11, 12 or 133Lab Science (Core 7)4
Core 4, 5, 8, 10, 11, 12 or 133Core 4, 5, 8, 10, 11, 12 or 133
 Elective3
 15 15
Junior
Term 1UnitsTerm 2Units
MNGT 3613EBTM 3373
MKTG 3413EBTM 3503
BUSX 301 (Core 9)3ECON 3103
FIN 3313ECON 3133
ECON 3093Elective3
 15 15
Senior
Term 1UnitsTerm 2Units
EBTM 3653MNGT 4813
MNGT 482 (Recommended Core 14)3BUSX 4603
ECON Elective 13ECON Elective 33
ECON Elective 23ECON Elective 43
Elective3Elective 3
 15 15
Total Units 120

As a premier school of applied business learning, the College of Business and Economics prepares its graduates to achieve excellence in their professional careers. Rigorous academic studies and hands-on business experience—all subject to strict measures of performance— work in combination to develop the foundation for success, connect students with the professional community and transform students who will have a positive impact in and beyond Maryland.

Graduates of Towson University’s College of Business and Economics will:

Apply Business Knowledge in the Context of Professional Employment

  • Demonstrate knowledge of business concepts and theories
  • Successfully complete a quality, mentored, reflective professional experience in preparation for future employment

Communicate Properly and Effectively

  • Write professional documents that provide audience-centric content, rhetorically appropriate organization, and follow accepted conventions of design, style, grammar, punctuation and mechanics
  • Make articulate and persuasive oral presentations

Apply Critical Thinking and Problem-Solving Skills to Organizational Decision Making

  • Conduct internal and external analyses of domestic and global organizations, formulate strategies, and identify issues with implementing these strategies
  • Practice creative ideation
  • Develop comprehensive, justified conclusions that result from systematic application of relevant information and decision criteria to decision alternatives within a realistic organizational decision context

Use Technology Effectively in Business Settings

  • Demonstrate competency in the use of analytical software
  • Utilize state-of-the-practice software for business applications

Work Effectively Toward Achieving Common Goals within Diverse Teams

  • Guide teams, as leaders and followers, to achieve team goals while maintaining group cohesion, follower satisfaction, and efficient operations
  • Treat others with respect and show sensitivity to their views, values, cultures, and customs

Distinguish Between Ethical and Unethical Conduct in the Professional Lives

  • Explain how ethical conduct of managers affects individuals’ motivation and organizations’ performance
  • Apply ethics in business decision-making, considering the impact of ethical conduct on multiple stakeholders