Business Management

BMGT – Business Management course descriptions


Maggie Schlerman (chair), Graham Lemke, Ann McDonald, Tuan Nguyen, George Nwaogu, Julie Summers


Statement of philosophy

Housed in the Economics, Accounting and Management Department, the business management major offers students the opportunity to gain an understanding of business operations in the context of the liberal arts tradition. The major provides students a strong foundation in business with an opportunity to develop emphasis in one of four business administration areas: business administration, international business, finance, and marketing.

Central students benefit from multidimensional teaching approaches that facilitate active learning: computer simulations, case studies, presentations, class discussions and team projects. Each of these various methodologies emphasizes written and oral communication skills. The performance of Central students on standardized examinations such as GMAT and LSAT, their acceptance into quality graduate programs and their success in careers demonstrate the strengths of the program.

Quality education must extend well beyond the classroom. Accordingly, academic advising is geared toward assisting students in making sound choices regarding courses and appropriate co-curricular learning experiences. Students are encouraged to participate in abroad programs and/or the Chicago Semester or Washington, D.C. programs, to explore co-op and internship opportunities, and to participate in student organizations. By integrating practical and theoretical experiences, students will be prepared to appreciate the global and cultural diversity of the 21st century.


Business Management Major Requirements (46-47 credits)

Note: This major may not be declared in combination with the Information Systems Major

1. Complete all of the following: (24)
ACCT 241 Introduction to Financial Accounting (3)
ACCT 242 Introduction to Management Accounting (3)
ECON 112 Microeconomics (3)
ECON 113 Macroeconomics (3)
BMGT 231 Business Law (3)
BMGT 261 Principles of Finance (3)
BMGT 271 Principles of Marketing (3)
BMGT 311 Principles of Management (3)


2.  Complete one course in statistics from the following: (4)
MATH 105 Introduction to Statistics (4)
MATH 215 Applied Statistics (4)


3. Complete one course in computer science from the following: (3)
COSC 109 Introduction to Information Management (3)
COSC 110 Introduction to Computer Science (3)


4. Complete one of the courses below.*(3)
COMM 160 Communication in Everyday Life (3)
COMM 270 Public Speaking (4)
THEA 150 Acting (3)
*It is recommended that students complete this before the third year.


5. Complete 9 credits at the 300-level or higher in business management, following the emphasis area guide, and/or as developed in conversation with your academic advisor and as approved by the EAM Department Chair. (9) 

Students complete emphases in their upper-level coursework, typically in business administration, marketing, finance or international management. Certain 300 and 400 level economics and accounting courses may count toward this requirement; consult with your academic advisor for more information.

Pre- Approved BMGT Emphasis Areas:

Business Administration

Choose one course from:
BMGT 372 Consumer Behavior (3)
BMGT 373 Marketing Management (3)
BMGT    375 Marketing Research (3)

Choose one course from:
BMGT 362 Principles of Investment (3)
BMGT    363 Advanced Financial Management (3)

Choose one course from:
BMGT 335 Not For Profit Management (3)
BMGT 352 Human Resource Management (3)
BMGT    381 Operations Management (3)


Complete all of the following;
BMGT    372 Consumer Behavior (3)
BMGT    373 Marketing Management (3)
BMGT    375 Marketing Research (3)


Complete the following:
BMGT 362 Principles of Investment (3)
BMGT    363 Advanced Financial Management (3)

Choose one course from:
ACCT 341 Intermediate Financial Accounting I (3)
ACCT 344 Individual Tax Accounting (3)
ECON 322 International Trade and Finance (3)
ECON    324 Monetary Theory and Financial Systems (3)

Business Analytics:

Complete three of the following:
ACCT 321 Data Analytics for Accounting (3)
BMGT 362 Principles of Investment (3)
ECON 381 Research Methods in Economics (3)
ECON 383 Forecasting (3)

International Business:

Complete the following:
ECON    322 International Trade and Finance (3)

Choose one course from:
POLS 326 Political Violence and Terrorism (4)
POLS      344 International Law and Human Rights (4)

Choose one course from:
BMGT 362 Principles of Investment (3)
ECON 329 Economic Development (3)
Plus: study abroad for a minimum of one semester at one of Central’s Study Abroad programs.

Secondary Education:
Note: Emphasis available only to students admitted to the Teacher Education Program.

ACCT 344 Individual Tax Accounting (3)
Complete the following:
BMGT 372 Consumer Behavior (3)
ENTR 215 The Entrepreneurial Mindset (3)

6. Complete a strategic management capstone course. (3)
BMGT   485 Strategic Management Capstone- Corporations (3)
BMGT   486 Strategic Management Capstone- Start-Ups and Small Businesses (3)


Business Management Minor Requirements (21 credits minimum)

Note: This minor cannot be declared in conjunction with the accounting or information systems majors.

  1. Complete all of the following:
    ECON 112 Principles of Microeconomics (3)
    ECON 113 Principles of Macroeconomics (3)
    ACCT 241 Introduction to Financial Accounting (3)
    ACCT 242  Introduction to Management Accounting (3)
    BMGT 311 Principles of Management (3)
  2. Complete one of the following:
    BMGT 261  Principles of Finance (3) (Prerequisites: ACCT 241)
    BMGT 381  Operations Management (3) (Prerequisites: MATH 105 or MATH 215; and third-year standing)
  3. Complete one of the following:
    BMGT 231 Business Law (3)
    BMGT 271 Principles of Marketing (3)