Business Administration and Management
The business administration and management major has a curriculum that emphasizes the core role economic theory has in giving a broad context of the competitive and regulatory world in which a business must function; this core also focuses on the quantitative methods of economics that put theory into a usable form and elaborates on the strategic planning processes of businesses to provide tools of critical thinking that will inform business decision making. This core of required business and economics courses provide a basis for multi-faceted decision making in a business, government or nonprofit organizations.
The interdisciplinary component of the business administration and management major broadens the study of business by adding the perspective gained from a diverse group of disciplines. It allows students to choose from elective courses in other disciplines where they will write and research on topics crucial to informed decision making. A senior requirement allows students the option to focus solely on research through a St. Mary’s Project or to combine research and practical experience with a senior seminar and an internship.
As a business administration and management major, you can find connections to major companies based in and around the D.C. metropolitan area, as well as in St. Mary’s County, where many companies search for new talent at Patuxent Naval Air Station. Our close proximity to both centers of business allows for engaging opportunities with a variety of industries. In addition, our small faculty-student ratio ensures that you get to work closely with your professors. The business administration and management major offers many different course topics, such as: accounting, international business, econometrics, and more.
Degree Requirements for the Business Administration and Management Major
General College Requirements
General College Requirements (see Curriculum section), including the following requirements to satisfy the major
Foundational core: 12 credits
- BADM 101: Introduction to Business
- ECON 102: Principles of Microeconomics
- ECON 103: Principles of Macroeconomics
Technical core: 12 credits (three courses)
- BADM 201: Accounting I (required)
- BADM 202: Accounting II
- BADM 203: Non-profit Accounting
- ECON 253: Economic Statistics (required)
- ECON 251: Intermediate Macroeconomics
- ECON 252: Intermediate Microeconomics (strongly recommended)
Business core: 12 credits
- BADM 301: Principles of Management
- BADM 302: Principles of Marketing
- BADM 303: Corporation Finance (cross listed with ECON 353)
Business Theory and Application: 16 credits (four courses)
Business Analytics and Finance Track:
- BADM 304: Business Law
- BADM 305: Marketing Research
- BADM 310: Business Communications
- BADM 315 International Business
- BADM 340: Contract Management
- BADM 345: Supply Chain Management
- BADM 350: Budget Analysis and Forecasting
- ECON 318: International Finance
- ECON 342: Analyzing Financial Data
- ECON 425: Econometrics
- SOCI 312 Economic Sociology
- SOCI 355: Demography
International Business Track:
- BADM 315 International Business
- ECON 318: International Finance
- ECON 357: Money and Banking
- HIST352: History of Modern China
- HIST 355: History of Modern Japan
- ILCC 3XX/4XX Upper division language or culture course which includes business competencies (up to 8 credits)
- POSC 408: International Public Policy: Energy Challenges in Development
- POSC 468: Studies in International Relations
- POSC 469: Democracy and Inequality
Business Management Track:
- ART 431: Professional Practices in Art
- BADM 304: Business Law
- BADM 306: Human Resource Management
- ECON 355: Labor Economics
- ECON 351: Industrial Organization and Regulation
- SOCI 304 Work and Occupations
- SOCI 330: Sociology of Organizations
- SOCI 347: Sociology of Race and Ethnicity
The department highly recommends that students give focus to their electives by concentrating in one of the areas above, or working with their advisor to develop a directed plan of study. It is recommended that students pursuing International Business seriously consider studying abroad or doing an internship abroad.
Senior Experience: 8 credits
Students must choose from one of the following two options:
- BADM 401 Seminar in Business AND BADM 498 Off-Campus Internship
OR
2. BADM 493 AND BADM 494 St. Mary’s Project
The department recommends that students with an International Business focus consider an internship abroad.
Minimum Grade and GPA Requirements
Students must earn a minimum grade of C- in all required business and economics courses and maintain an overall GPA of 2.0 or better in these courses.
Sequence of Study
The following model is suggested as a possible basic program to satisfy requirements for the major in business:
- First Year:
BADM 101, ECON 102 and ECON 103, BADM 201, and the Core Curriculum requirement in Mathematics.
- Sophomore Year:
ECON 253, a student-elected third course in the technical core, BADM 301, and BADM 302
- Junior Year:
BADM 303 and three courses satisfying Business Theory and Application requirements
- Senior Year:
At least one course satisfying Business Theory and Application requirements and 8 credits satisfying senior experience requirements.
Degree Requirements for the Business Administration and Management Minor
General College Requirements
General College Requirements (see Curriculum section), including the following requirements to satisfy the minor:
24 credit-hours in Economics
Required Courses (24 Credit Hours)
- ECON 102: Principles of Microeconomics
- ECON 103: Principles of Macroeconomics
- ECON 253: Economic Statistics
- BADM 201: Accounting I
- BADM 301: Principles of Management
- BADM304: Business Law
Minimum Grade and GPA Requirements
A grade of C- or better must be received in each course of the minor, and the cumulative grade-point average of courses used to satisfy the minor must be at least 2.0.