The College of St. Scholastica
1200 Kenwood Avenue
Duluth, MN 55811
TTY/TDD: (218) 723-6790
Kathy Modin, M.A.
Tower Hall, Room 3146
Fast Facts: Business Management Major and Minor
Major: 68 credits
Minor: 20 credits
Students may have opportunities for applied internships with various area organizations. Recent placements include: Upper Lakes Foods Inc., Duluth Entertainment Convention Center, Townsquare Media Group, Target, Best Buy, 3M and Amsoil Corp.
The need for qualified and ethical managers is expected to increase in both the corporate and nonprofit sectors. Those skilled in the ethical application of business management theories to solve real world business problems are always in demand.
Boost your brain power and give yourself a competitive edge in our global economy by pairing your major with a language. St. Scholastica offers programs and courses in American Sign Language, French, German, Latin, Ojibwe, Russian and Spanish.
Here are some classes you could take as part of this major or minor. Please note that you would not necessarily need all of these courses to fulfill a major or minor. This list doesn't include general education courses. Be sure to create your course plan in consultation with your advisor.
Introduces the preparation and use of financial accounting information. Course includes preparation and analysis of financial statements and related disclosures.
Introduces the internal use of accounting information to plan, control and evaluate the activities of business organizations. Course emphasizes problem solving and decision making for manufacturing and service enterprises.
Explores the ways computer-based information technologies and systems are used to address specific organizational needs. Students will become familiar with the terms, concepts, and issues in information technology management; become involved in the process of developing and modifying information systems which support crucial problem solving and decision-making in organizations; and conduct data analysis using common techniques.
Focuses on how economists explain the behavior of individuals, how markets direct activities and the policy implications that flow from economic analysis. Emphasis is less on the development of theories and more on the application of theories. Course examines how developments in other fields, most notably evolutionary psychology, have affected microeconomics.
Addresses "the economy" in the sense of the big picture. Topics covered include national income accounting, the determination of economic activity through consumer spending, business investment, government taxation and expenditure and foreign trade. This course also addresses the issues of fiscal and monetary policies, inflation and unemployment.
Examines the concepts and tools that are needed by managers when making financial decisions. Students are required to analyze a financial statement, assess risk, calculate the cost of capital for capital budgeting, and describe the methods for valuing securities such as stocks and bonds for an organization. Approach to the course content is from a manager's perspective on how to make value-creating decisions for an organization's stakeholders. Prerequisite: ACC 2210.
Introduction to the process of management. Course includes the history of management theory with emphasis on forces of change that have resulted in a changing view of the business world for managers. Principle management functions covered are planning, organizing, leading and the process of control as an information feedback function for increasing productivity. Emphasis is on the integration of all management functions into one effort for visionary, effective and efficient operations.
Includes forecasting, quality assurance, project management and other mathematical models for data analysis. Software is used to solve and illustrate problems and solutions.
Emphasis on the writing process as adapted to the management situation. Students complete a series of writing assignments including letters, memos, proposals, problem-solving reports and informational reports and procedures, with an emphasis on audience adaptation, clarity of purpose, adequacy of support and correct format. Students will be introduced to writing for electronic media. Students must be juniors and have some professional experience before enrolling. Prerequisite: ENG 1110 or competency.
Provides an in-depth exposure to the major areas of human resource management including recruiting, selection, training, motivation, appraisal, planning, labor relations and compensation.
Study of the application of ethical principles to problems encountered in management. Confrontation of the problems is preceded by inquiry into the nature of human interaction in general and management in particular. Other topics include: obligations of the manager to a number of clients or spheres of responsibility, including employees and clients of the organization; rights and obligations of employers and employees; and discrimination, liability and advertising.
Nature and functions of law with emphasis on applications in economics, marketing and management. Course includes contracts and business entities and the regulation of business under federal and state administrative agencies.
A senior capstone course for management majors. This course ties together all of the content covered in undergraduate management and applied economics classes. Focus is on realities of management in contemporary situations. Course utilizes studies of real organizations that include examples of successes and failures. Students prepare written case analyses with emphasis on understanding the environment of management, the knowledge required by managers, and the functions performed. Prerequisite: FIN 3420, or approval of the instructor, and senior standing.
Surveys terms and concepts concerned with the planning process and selection of appropriate actions resulting in successful and unique marketing plans. Product design, pricing strategy, distribution and availability of goods or services and marketing communications are topics covered.
Introduces the field of health information management. Content areas include an overview of the electronic patient record, professional roles within the field, professional organizations and the professional Code of Ethics; the content and structure of manual, computerized and hybrid health record and the standards that govern the development of the record within a health care facility; viewing medical documents and e-forms. Hands-on lab experience will be used by students to develop their confidence and competence with employing this type of clinical information technology in the practice of their profession.
Applies technology to HIM practice including electronic health records, clinical information systems, and management information systems in HIM. Hands on experience with electronic systems and technology applications for creating, managing, and storing and retrieving electronic health data will be used by students to develop their confidence and competence with employing this type of clinical information technology in the practice of their profession.
Study of the U.S. judicial system; hospital, medical staff and other professional liability; health information as evidence; consent for treatment; retention and release of medical information; the health record as a legal document; risk management, prevention and potential; confidentiality of health information; and a patient's right to know.
Managing coded data in healthcare organizations; uniform data sets and healthcare informatics standards for health data collection; evaluation of data quality; DRGs, MS-DRGs and other case mix systems; revenue cycle management; data collection for enterprise; reportable and specialized databases; data mining of healthcare data. Prerequisite: HIM 3211.
"The management program has not only given me the knowledge to succeed, but also helped me realize my potential and shaped me into a charismatic leader. I highly encourage students who have high expectations for themselves and are looking to build themselves from the ground up to consider this major."
–Alvaro Hernandez-Feris, ‘15
“I was able to gain a wealth of practical knowledge from professors like Dave Anstett and Dr. Sabah Alwan, who bring real-world scenarios from their extensive experiences in their respective fields. The dynamic exercises and group work conducted in the class are an integral part of bringing theory to reality.”
–George Foote, ’17