University of Arkansas

Walton College

The Sam M. Walton College of Business

Business Minors

The Sam M. Walton College of Business offers a variety of business minors for students desiring specific knowledge in an area of business outside of their academic major.

Business Minors for Business Majors

Minors assist students in their business careers by helping them to increase their skills and to broaden their understanding of business as an integrated whole.

A business minor requires the completion of 15 specific hours of study at the University of Arkansas. Students must meet all specific course prerequisites and complete all of the requirements for the minor prior to graduation. Business majors who intend to pursue a business minor must notify the Walton College Undergraduate Programs Office.

Single Discipline Minors:

Accounting Minor

  • ACCT 3723 Intermediate Accounting I
  • ACCT 3753 Intermediate Accounting II
  • ACCT 3843 Fundamentals of Taxation
Plus any 2 of the following courses:
  • ACCT 3533 Accounting Technology
  • ACCT 4673 Cost and Managerial Accounting
  • ACCT 4753 Intermediate Accounting III
  • ACCT 4963 Audit and Assurance Services

Behavioral Economics Minor

  • ECON 2013 Principles of Macroeconomics
  • ECON 2023 Principles of Microeconomics
  • ECON 4423 Behavioral Economics (Sp)
  • ECON 4433 Experimental Economics (Fa)
Plus 1 of the following courses:
  • ECON 3033 Microeconomic Theory
  • ECON 4743 Introduction to Econometrics

Business Analytics Minor

  • ISYS 4193 Business Analytics and Visualization
  • ISYS 4293 Business Intelligence
  • ISYS 4393 Seminar in Applied Business Analytics
Plus 2 of the following 7 courses:
  • ISYS 4213 ERP Fundamentals
  • FINN 3013 Financial Analysis
  • ECON 4743 Introduction to Econometrics
  • ECON 4753 Forecasting
  • MGMT 4243 Ethics and Corporate Responsibility
  • MKTG 3633 Marketing Research
  • SCMT 3623 Advanced Inventory Management and Forecasting

Economics Minor

  • ECON 2013 Principles of Macroeconomics
  • ECON 2023 Principles of Microeconomics
  • Plus 9 hours of upper-division course work in economics
  • View Catalog Listing

Finance Minor: Banking/Financial Management/Investment Concentration

  • FINN 3013 Financial Analysis and Valuation
  • Plus any 2 of the following 3 courses:
  • FINN 3053 Financial Markets and Institutions
  • FINN 3103 Financial Modeling
  • FINN 3703 International Finance
Plus any 2 of the following 6 courses:
  • FINN 3063 Investments
  • FINN 3133 Commercial Banking
  • FINN 3603 Corporate Finance
  • FINN 4133 Advanced Investments
  • FINN 4233 Advanced Corporate Finance
  • FINN 4313 Advanced Commercial Banking

Finance Minor: Insurance/Real Estate Concentration

Choose any 5 of the following 7 courses:
  • FINN 3003 Personal Financial Management
  • FINN 3623 Risk Management
  • FINN 3933 Real Estate Principles
  • FINN 4413 Real Estate Investment and Appraisal
  • FINN 4433 Real Estate Finance
  • FINN 4733 Life and Health Insurance I
  • FINN 4833 Property and Casualty Insurance I
  • View Catalog Listing

Information Systems

  • ISYS 2263 Introduction to Information Systems Development
  • ISYS 3293 Systems Analysis and Design
  • ISYS 3393 Business Application Development in the Visual Basic Environment
  • ISYS 4213 ERP Fundamentals
Plus 1 of the following courses:
  • ISYS 4223 ERP Configuration and Implementation
  • Or any 3000-4000 level ISYS class

Management Minor

  • MGMT 4243 Ethics and Corporate Responsibility
Plus 4 of the following 9 courses:
  • MGMT 3933 Entrepreneurship/New Venture Development
  • MGMT 4103 Special Topics
  • MGMT 4253 Leadership
  • MGMT 4263 Organizational Change and Development
  • MGMT 4433 Small Enterprise Management
  • MGMT 4583 International Management
  • MGMT 4943 Organizational Staffing
  • MGMT 4953 Organizational Rewards and Compensation
  • MGMT 4993 Entrepreneurship Practicum

Marketing Minor

  • MKTG 3433 Introduction to Marketing Strategy
  • MKTG 3553 Consumer Behavior
Plus 3 of the following 6 courses:
  • MKTG 4233 Integrated Marketing Communications
  • MKTG 4343 Selling and Sales Management
  • MKTG 3633 Marketing Research
  • MKTG 4633 Global Marketing
  • MKTG 4433 Retail Strategy
  • MKTG 4443 Retail Buying and Merchandise

Retail Minor

  • MKTG 3433 Introduction to Marketing Strategy
  • MKTG 3553 Consumer Behavior
  • MKTG 4433 Retail Strategy
  • MKTG 4443 Retail Buying and Merchandising
Plus 3 hours from the following courses:
  • ACCT 2013 Accounting Principles
  • ECON – any ECON at the 3000 or 4000 level
  • FINN 3013 Financial Analysis and Valuation
  • MGMT - any MGMT at the 3000 or 4000 level
  • MKTG 4233 Integrated Marketing Communications
  • TLOG 3613 Business Logistics
  • ISYS 4213 EPR Fundamentals

Supply Chain Management Minor

  • TLOG 3443 Principles of Transportation
  • TLOG 3613 Business Logistics
  • TLOG 3623 Purchasing and Inventory Systems
  • TLOG 4633 Transportation Carrier Management
  • TLOG 4643 International Supply Chain Management
  • View Catalog Listing

Interdisciplinary Minors:



Enterprise Resource Planning (ERP)

  • WCOB 4213 ERP Fundamentals
  • ISYS 4223 ERP Configuration and Implementation
Plus any 3 of the following 6 courses:
  • ACCT 3533 Accounting Technology
  • ACCT 3723 Intermediate Accounting I
  • ISYS 4233 ERP Development
  • TLOG 3443 Principles of Transportation
  • TLOG 3613 Business Logistics
  • TLOG 3623 Purchasing and Inventory Systems

Financial Economics

  • FINN 3013 Financial Analysis and Valuation
  • ECON 4753 Forecasting
Plus any 3 of the following 4 courses:
  • FINN 3063 Investments
  • FINN 3603 Corporate Finance
  • ECON 3433 Money and Banking
  • ECON 4743 Introduction to Econometrics

Nonprofit Studies

This minor will prepare students for working in the nonprofit sector as well as educating students who may be on boards and participate in other civic organizations. The minor requires completion of 15 hours of study with all of the upper division courses applied toward the minor taken in residence. The 15 hours include:

  • MKTG 4513 Nonprofit Marketing (Sp, Fa)
  • SCMT 4853 Cross-Sector Collaboration for Sustainability (Sp)
Select any 3 of the following 11 courses:
  • ACCT 4703 Governmental/Nonprofit Accounting (Sp, Fa)
  • WCOB 310V Cooperative Education (Sp, Su, Fa)
  • PLSC 300V Internship in Public Affairs (Sp, Su, Fa)
  • WCOB 3023 Sustainability in Business (Irregular)
  • MGMT 4243 Ethics and Corporate Responsibility (Sp, Fa)
  • MGMT 4253 Leadership (Sp, Fa)
  • MGMT 4263 Organizational Change and Development (Sp, Fa)
  • ECON 3843 Economic Development, Poverty, & the Role of the World Bank and IMF in Low-Income Countries (Fa)
  • PLSC 4853 International Norms and Corporate Social Responsibility (Sp)
  • PLSC 3103 Public Administration (Sp)
  • SOCI 4013 Special Topics in Sociology (Sp, Su, Fa)