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Business Administration

Degree Requirements 2023-2024

The major in Business Administration prepares students for professional careers in business administration or for graduate studies. Within this area, there is one specialization available to Day students called Music Business and another option available to both Day and AU students called the Combined Business and Economics major. These two areas provide students with a broad foundation so they can readily adapt to internal changes in interests and goals and to external changes in circumstances and opportunities. These majors involve substantial courses from outside the Department. The major requirements for these majors are shown below.

Business Administration Major with a Specialization in Music Business

Eight business and economics courses including:

  • ACC 221 – Introduction to Financial Accounting
  • ACC 222 – Introduction to Managerial Accounting
  • BUS 242 – Principles of Management (Music Business majors may substitute ENT 254 in place of BUS 242)
  • FIN 331 – Financial Management
  • MIS 260 – Problem Solving for Business
  • MKT 252 – Principles of Marketing
  • Two allied requirements in economics:
    • ECO 112 – Principles of Macroeconomics
    • ECO 113 – Principles of Microeconomics

Note: All business majors are encouraged to take KEY 490 – Vocation and the Meaning of Success to fulfill the Augsburg Core Curriculum Senior Keystone Requirement.

Music Courses:

  • MUS 105 – Careers in Music Business
  • MUS 205 – Legal Issues in Music, Entertainment, and the Arts
  • MUS 336 – Arts Management and Concert Promotion
  • MUS/BUS 399 – Internship
  • MUS 162 – Entrepreneurship for Creative Businesses**
  • MUS 408 – Current and Future Issues in the Music Industry**

**Students may substitute 4 credits of business elective (chosen in consultation with the faculty adviser) in place of MUS162 and MUS408

12 elective credits in MUS or 8 semester credits in MUS credits and 4 semester credits in MUE (8 credits must be in residence at Augsburg), selected from:

  • MUS 113 – Music Theory and Aural Skills I
  • MUS 114 – Music Theory and Aural Skills II
  • MUS 130 – Introduction to Music in the Fine Arts
  • MUS 220 or MUS 420 – Worlds of Music
  • MUS 241 or MUS441 – History of Jazz
  • (other MUS courses as approved by advisor)

Graduation Skills

Graduation skills in Critical Thinking (CT), Speaking (S), and Writing (W) are embedded throughout the offered courses. The Quantitative Reasoning (QR) graduation skill is met by completing two courses: MIS 260 (QF) and either MIS 264 or MIS 379 (QA).

Transfer students must consult an advisor about potential adjustments to their course requirements to fulfill each of these skills.

Note: All business majors are encouraged to take KEY 490 – Vocation and the Meaning of Success to fulfill the Augsburg Core Curriculum Senior Keystone Requirement.

Combined Major in Business Administration and Economics

Thirteen courses including:

  • ACC 221 – Introduction to Financial Accounting
  • ACC 222 – Introduction to Managerial Accounting
  • BUS 242 – Principles of Management
  • MKT 252 – Principles of Marketing
  • MIS 379 – Quantitative Methods for Business and Economics
  • Two additional upper division BUS, ACC, FIN, MIS, or MKT course (excluding MIS379)
  • ECO 112 – Principles of Macroeconomics
  • ECO 113 – Principles of Microeconomics
  • ECO 312 – Intermediate Macroeconomics
  • ECO 313 – Intermediate Microeconomics
  • Two other upper division ECO course (ECO399 may not be applied to this requirement)

Graduation Skills

Graduation skills in Critical Thinking (CT), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the combined major in Business Administration and Economics. The Quantitative Reasoning (QR) graduation skill is met by completing: ECO 112 or 113 (QF) and MIS 379 (QA).

Transfer students must consult an advisor about potential adjustments to their course requirements to fulfill each of these skills.

Note: All business majors are encouraged to take KEY 490 – Vocation and the Meaning of Success to fulfill the Augsburg Core Curriculum Senior Keystone Requirement.

Minor in Business Administration

*This minor is not available to students majoring in Accounting, Finance, International Business, Management, Marketing, MIS, Music Business, or the combined major in Business Administration and Economics.  Augsburg cannot grant two academic credentials for the same set of courses.

Six courses including:

  • ACC 221 – Introduction to Financial Accounting
  • ACC 222 – Introduction to Managerial Accounting
  • MKT 252 – Principles of Marketing
  • BUS 242 – Principles of Management
  • One of MIS 379, MIS 264, or FIN 331
    • MIS 379 – Quantitative Methods for Business and Economics
    • MIS 264 – Statistical Literacy for Managers
    • FIN 331 – Financial Management
  • One of ECO 112 or ECO 113
    • ECO 112 – Principles of Macroeconomics
    • ECO 113 – Principles of Microeconomics

Other configurations may be permitted with approval of the Department Chair.

Business Minor for Science Majors (open only to students majoring in Biology, Biopsychology, Chemistry, Computer Science, Mathematics, Physics, Psychology)

Six courses including:

  • ACC 221 – Introduction to Financial Accounting
  • One of BUS 242 or ENT 254
    • BUS 242 – Principles of Management
    • ENT 254 – Entrepreneurship
  • ECO 113 – Principles of Microeconomics
  • MKT 252 – Principles of Marketing
  • PHI 120 – Ethics
  • One of BUS 399 or BUS 397
    • BUS 399 – Internship
    • BUS 397 – Internship

Minor in Entrepreneurial Studies

The Entrepreneurial Studies minor is open to all students.  The minor is designed to provide opportunities for students to learn about innovation, creativity, entrepreneurship, unique value propositions, develop business plans and work with local entrepreneurs.  Those students interested in social entrepreneurship will also find this minor to be useful.  The five required courses are intended to be completed during the last three years of school with the capstone class taken during their senior year.

  • One of ACC 221 or ACC 250
    • ACC 221 – Introduction to Financial Accounting
    • ACC 250 – Accounting for Entrepreneurs
  • ECO 113 – Principles of Microeconomics
  • ENT 254 – Entrepreneurship
  • ENT 354 – Managing Innovation and Design Thinking
  • One of BUS/ECO 399 or the ENT Senior Incubation Project
    • BUS/ECO 399 – Internship
    • ENT 400-level Senior Incubation Project (course currently in development)

Minor in Music Business

The Music Business minor is a course of study designed both for the music major desiring additional preparation in business and for the non-music major interested in pursuing a career in the music industry. With the Music Business minor, students are given the opportunity to enroll in coursework and participate in on-site field experiences that address specific professional skills necessary to enter today’s music industry. The minor is a collaborative program between the music and business departments. See the Music Department for requirements.


For a complete list of courses and descriptions, see the Course Description Search.