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Undergraduate // Majors // Business Concentrations

Scalable Growth

Examine how to navigate businesses during the growth phase of the life cycle. Explore growth trajectories while learning to galvanize success in existing markets and create new ones. Analyze internal factors (e.g., capital allocation and business intelligence) and external factors (e.g., market disruptors and shifting customer expectations).

Core courses

Scalable Growth (Business Major)

In their second year, Business majors enroll in core courses that provide the foundation for the Business concentrations. They also take electives from core courses offered in other majors.

B110 / Market Dynamics and Product Analytics

Business is a powerful driver of economic growth and stability; to do well in business, you must understand consumers, products, and markets. Market Dynamics and Product Analytics is a Major Core course that provides essential foundations for business majors and is a prerequisite for all junior-level business Concentration courses. The objective of B110 is to challenge students to apply marketing methods used by businesses to create value for shareholders and selected customers and consumers. We examine the consumer behavior of individuals, learn how to run, analyze and interpret experiments, and we review business marketing strategies designed to create and capture value.

Prerequisite: AH51 / Multimodal CommunicationsCS51 / Formal AnalysesNS51 / Empirical AnalysesSS51 / Complex Systems

Corequisite: B111 / Financial Planning, Budgeting and Modeling

B111 / Financial Planning, Budgeting and Modeling

This Core course provides a foundation for all Business majors and is a prerequisite for all Business Concentration courses. Students learn about the financial and strategic tools managers use to track, evaluate, and improve their business operations for achieving business objectives. Students learn accounting terminology to read financial statements, explore tools used to develop financial models, and analyze case studies of real-world business situations. Key topics include financial and managerial accounting, present value analysis, options, capital structure, strategy, and corporate social responsibility.

Prerequisite: AH51 / Multimodal CommunicationsCS51 / Formal AnalysesNS51 / Empirical AnalysesSS51 / Complex Systems

Corequisite: B110 / Market Dynamics and Product Analytics

B112 / Doing Business

This Core course provides foundations for Business majors and is a prerequisite for all junior-level Concentration courses in this major. We analyze the political, regulatory, and societal contexts in which business gets done from a global perspective. We address how organizations can create strategies that address varying cultural biases, labor market conditions, and financial regulations. Overall the goal is to examine how businesses succeed and fail when trying to expand into new markets and new geographies.

Prerequisite: B110 / Market Dynamics and Product AnalyticsB111 / Financial Planning, Budgeting and Modeling

Corequisite: B113 / Enterprise, Design and Optimization

B113 / Enterprise, Design and Optimization

This Core course provides foundations for all Business Majors and is a prerequisite for all junior-level Concentration Courses. Students will explore the inner workings of the business enterprise in context of its environment. The focus is on how to formulate and execute organizational strategies to achieve financial and non-financial objectives. Students learn about multiple levels and factors in organizational designs and how to manage tradeoffs in strategic decision making. The role of agents, functions, structures, processes will be analyzed, as well as design, implementation, control and improvement activities. Human behavior, incentives, emergent effects, stakeholder interests and operational efficiency will be considered.

Prerequisite: B110 / Market Dynamics and Product AnalyticsB111 / Financial Planning, Budgeting and Modeling

Corequisite: B112 / Doing Business

Concentrations Courses

Scalable Growth (Business Major)

In their third year, Business majors select a concentration, begin taking courses within it and begin work on their capstone courses. They also take electives chosen from other Minerva courses (other concentration courses in Business, core and concentration courses in other colleges).

All Business majors complete a summer practicum, and, in their fourth year, Business majors enroll in additional electives chosen from Minerva’s course offerings within or outside the major. capstone courses conclude during the fourth year as well.

B154 / Strategic Brand Leadership

In this course, we build on your knowledge of market research, consumer psychology, and creative problem-solving to understand and explore different approaches to growth. Throughout the course, we will delve into new metrics for measuring marketing’s worth, leverage psychological principles for brand building, and analyze the power of partnerships for growth. Throughout the semester you will propose, execute, and evaluate experiments to get first-hand experience in growing a brand. We will place these activities into the larger context of the firm and will explore the strategic role that they play in business development.

Prerequisite: B113 / Enterprise, Design and Optimization

Co-rerequisite:

B155 / Capital Allocation and Value Creation

Investigate how growing enterprises use their balance sheets to execute growth strategies. Apply discounted cash flow and real options to select among opportunities that create business value. Learn the role of finance in selecting and valuing appropriate M&A candidates and strategies for achieving synergy.

Prerequisite: B113 / Enterprise, Design and OptimizationB113 / Enterprise, Design and Optimization

Co-rerequisite:

B156 / Business Systems

Learn strategic and tactical decision-making for the design and operation of product and service delivery systems. Consider strategies to increase competitiveness while managing risk. Compare approaches to business process outsourcing, quality management, partnering, and supply chain coordination and rationalization.

Prerequisite: B113 / Enterprise, Design and Optimization

Co-rerequisite: