All students benefit from learning business fundamentals. The business minor gives non-business undergraduates the opportunity to gain a basic understanding of these principles. This academic minor consists of five courses in accounting, economics, finance, management, and marketing that provide students with crucial skills to complement their major and broaden their post-graduation opportunities.
Minor Eligibility Requirements
The minor in business is considered high-demand, and students may only apply for admission upon meeting entrance eligibility requirements. The minor in business is open to all UGA undergraduates, except those already admitted to a Terry College academic major or who intend to apply to a Terry major.
Fulfillment of all application requirements must be documented in official UGA student record by the application deadline—no exceptions.
- 3.2 UGA cumulative GPA
- 15 semester hours completed at UGA
In-progress hours cannot be counted.
- 45 semester hours completed overall at UGA and/or other institutions
In-progress hours cannot be counted.
- Prerequisite Courses
Accounting Requirement*: ACCT 1160 OR ACCT 2101 (3 hours)
Economics Requirement**: ECON 2105 OR ECON 2106 (3 hours)
One of these course requirements must be completed.
The other course must either be completed or be taken during the same semester in which the student applies to the minor.
*Students should take ACCT 1160 unless the student's major requires ACCT 2101. Access to ACCT 2101 is restricted to certain majors, whereas ACCT 1160 is open to any major.
**Students may use earned AP/IB credit to satisfy this requirement. Earned credit can be viewed in a student’s DegreeWorks audit.
- Testing Requirements
Students are required to submit ACT or SAT scores to the University to receive the highest level of consideration for admission to the business minor. If a student has not taken the ACT/SAT, s/he must take the ETS Proficiency Profile prior to the application deadline to receive any level of consideration. Students may also supplement their application by submitting a score from the ETS Proficiency Profile if they believe their ACT/SAT scores do not represent their current performance level.
IMPORTANT: Applicants should read the detailed Testing Requirement instructions.
Minor Admissions Criteria
An applicant’s test scores, major, and grades in accounting and economics will be used in the selection process.
When to Apply
Applications will be accepted twice per year: once near the midpoint of fall semester and once near the midpoint of spring semester. No application will be accepted outside the application window.
This is a high-demand minor. Admission is capped and not guaranteed, even if students meet all requirements.
The minor requires 15 credit hours of courses in economics, accounting, finance, marketing, and management. The online (E) and Honors (H) versions of these courses will also be accepted. Students must earn a grade of “C” or better in all coursework to earn the minor.
- Accounting Requirement (3 hours):
ACCT 1160 - Survey of Accounting (3 hours)
ACCT 2101 - Principles of Accounting I (3 hours)
- Economics Requirement (3 hours):
ECON 2105 - Principles of Macroeconomics (3 hours)
ECON 2106 - Principles of Microeconomics (3 hours)
- Business Foundations (9 hours — courses must be taken at UGA; only available to admitted minor students):
FINA 3001 - Financial Management (3 hours)
MARK 3001 - Principles of Marketing (3 hours)
MGMT 3001 - Principles of Management (3 hours)
Completing the Minor
Students must earn a grade of C or better in each minor-required course for it to be counted toward completion. All upper-division classes used to complete the minor must be earned from the University of Georgia.
Courses taken to satisfy Core Areas I through V may not be counted as coursework in the minor. Students accepted into the minor should anticipate the need to replace ECON 2105 and/or ECON 2106 if those courses were previously used to satisfy Area V requirements.
Only students who apply and are accepted to the minor are eligible to have the business minor listed on their university record. If a student is accepted to the minor and at any point decides to become a business major, s/he must drop the business minor. Terry College majors and intended majors are not eligible for the minor.