Business Institutions Minor
The minor in Business Institutions meets the needs of Northwestern undergraduate students who want to learn about the world of business and the institutions that make it go.
Students who entered Northwestern University prior to Fall 2016 may choose to graduate under the old requirements or under the current requirements.
The minor in Business Institutions requires the successful completion with a grade of C- or above of 11 courses: 4 prerequisite courses in mathematics, statistics, and economics; 4 business tools courses; 1 writing and speaking course; and 2 social science and humanities electives.
Students must complete the 4 prerequisite classes (with a minimum grade of C-) before declaring the minor.
Students interested in additional information should consult a program advisor and/or visit the program office, located at 2010 Sheridan Road.
Prerequisites (4 courses)
- ECON 201: Intro to Macroeconomics
- ECON 202: Intro to Microeconomics
- MATH 212 or MATH 220: Calculus
- STAT 210: Statistics
Business Tools (4 courses)
- BUS_INST 301 (formerly BUS_INST 260): Accounting
- BUS_INST 302 (formerly BUS_INST 239): Marketing Management
- BUS_INST 303: Leadership in Organizations
- BUS_INST 304: Corporate Finance
Writing & Speaking in Business (1 course)
- ENGLISH 282: Writing and Speaking in Business
Social Science & Humanities Electives (2 courses chosen from the following list):
- BUS_INST 321: Economic and Business Institutions in Historical Perspective
- CHINESE 212: Chinese in Business Practice I
- CHINESE 312: Chinese in Business Practice II
- CHINESE 322: Multinational Corporations in China
- ECON 2XX/3XX: Any 200 level or 300 level ECON course excluding required prerequisites for the minor. (*ECON Majors/Minors should note restrictions stated below.)
- ENGLISH 305: Advanced Composition (Only for sections of the course specifically focused on business communications.)
- ENGLISH 387: Literature and Commerce
- FRENCH 309: French in Commerce and Industry
- GERMAN 209: German in the Business World
- GERMAN 309-1: Advanced Business German - The German Economy
- GERMAN 309-2: Advanced Business German - Marketing and Management
- HISTORY 325: History of American Technology
- ITALIAN 206: Business Italian
- PHIL 364: Business and Professional Ethics
- POLI_SCI 341: International Political Economy
- POLI_SCI 348: Globalization
- POLI_SCI 375: Comparative Politics of Business Government Relations
- PSYCH 387: Consumer Psychology and Marketing Research
- SOCIOL 206/ LEGAL_ST 206: Law and Society
- SOCIOL 302: Sociology of Organizations
- SOCIOL 316: Economic Sociology
- SOCIOL 331: Markets, Hierarchies and Democracies
- SOCIOL 335: Sociology of Rational Decision-Making
- SPANISH 206: Spanish for Professions - Business
- STAT 301-1: Data Science
- STAT 301-2: Data Science
- STAT 301-3: Data Science
Additional Notes on Prerequisite Requirements
- Students must successfully complete ALL FOUR Prerequisite Courses with a minimum grade of C- before declaring the Business Institutions minor.
- AP Credit may be used to fulfill prerequisite requirements according to the course equivalencies established by the relevant departments.
- Courses used to fulfill Prerequisite Course Requirements may be used to meet the requirements of another major/minor/certificate.
- Courses that can be substituted for STAT 210 include:
BMD_ENG 220; CHEM_ENG 312; EECS 302; IEMS 201; IEMS 202; Math 310-1; Math 311-1; Math 314; Math 383; Math 385; PSYCH 201; POLI_SCI 312; SESP 210; STAT 202; STAT 320
Additional Notes on Other Requirements
- Courses used to fulfill Business Institutions requirements other than the Prerequisite Requirements may not be used to fulfill the requirements for another major/minor/certificate other than for Related Course Requirements.
- A maximum of one course that is either a non-Northwestern course or a course offered by Northwestern’s School of Professional Studies (SPS) may count as one of the four Business Tools courses required for the minor: BUS INST 301, 302, 303 and 304. Any such substitution must be approved in advance by the Director. Special accommodation may be made for transfer students.
- Equivalents to BUS_INST 304 include ECON 360-1, IEMS 326 and KELLG FE 310.
- Students taking majors in the humanities involving significant writing such as English, History and Philosophy, may petition the Director to waive the requirement to take ENGLISH 282. However, even these students are strongly encouraged to consider taking ENGLISH 282 because it covers material on communication skills related to the business environment that may not be covered in writing intensive courses from other disciplines.
- Students may petition the Director to use courses other than those appearing on the above list of pre-approved electives to satisfy the Social Sciences & Humanities Electives requirements.
- Students earning a major in Economics may not use Economics courses to fulfill their Social Science & Humanities Elective requirements.
- Students earning a minor in Economics may not use 200-level Economics courses to fulfill their Social Science & Humanities Elective requirements.
- Students may substitute up to one of the two required Social Science & Humanities Electives with one Professional Linkage credit (BUS_INST 394) OR one Internship-Related credit (includes CFS) OR one 300 level Entrepreneurship credit (ENTREP 325; ENTREP 380, ENTREP 395).
*Note that students may not use two credits from courses in the above list to substitute for both Social Science & Humanities Electives.
Please use our Student Planning Form to keep track of your minor progress.Back to top