University of Texas at Austin
skip main site navigation go to current site section navigation
Business Foundations | Business Foundations Minor
  • BFP Students Classroom

BFP Minor Requirements

*** IMPORTANT***   Only students enrolled under the 2016 - 2018 UT Academic Calendar are eligible to earn the Business Foundations Minor. If you are enrolled in the 2014 - 2016 UT Academic Calendar or earlier, please see the Business Foundations Certificate Page

To earn the Business Foundations Minor, students will need to complete the following coursework:

  • MIS 302F - Foundations of Management Information Systems 
  • ACC 310F - Foundations of Accounting
  • FIN 320F - Foundations of Finance
  • LEB 320F - Foundations of Business Law
  • MAN 320F - Foundations of Management 
  • MKT 320F - Foundations of Marketing 

One of the following courses can be used as a substitute for LEB 320F, MAN 320F, or MKT 320F:

  • BA 320F - Foundations of Entrepreneurship
  • IB 320F - Foundations of International Business


Coursework Breakdown

Lower Division Courses:

Lower Division courses can be completed in-residence, transferred from other colleges and universities, through University Extensions or satisfied via Credit-by-Exam

MIS 302F – Foundations of Management Information Systems or Equivalent 

ACC 310F – Foundations of Accounting 

  • Alternatively, students can take BOTH ACC 311- Financial Accounting AND ACC 312 - Managerial Accounting


Upper-Division Courses:

Upper-division Texas BFP courses must be taken either in-residence, through University Extension, or through an approved study abroad program (unless otherwise specified). Upper-division courses may NOT be satisfied with advanced placement credit. To enroll in Upper-division courses a student MUST have upper-division standing (at least 60 credit hours).

FIN 320FFoundations of Finance 

  • Starting Fall 2017 ACC 310F will be a pre-requisite for taking FIN 320F

LEB 320F - Foundations of Business Law

  • Business Law CANNOT be taken abroad

MAN 320F – Foundations of Management

MKT 320F - Foundations of Marketing


(One of the following courses can be used as a substitute for LEB 320F, MAN 320F, or MKT 320F.)

BA 320F - Foundations of Entrepreneurship

  • Currently only offered through University Extension

IB 320F - Foundations of International Business

  • Alternatively students can take IB 350 - International Trade


Additional Business Foundations Minor Requirements:


  • Student must be enrolled in the 2016 - 2018 UT Academic Calendar
  • At least a 2.0 overall UT GPA
  • At least a 2.0 overall Business Foundations coursework GPA
  • All courses completed and passed with a letter grade (We will accept D- as long as the overall BFP GPA remains above a 2.0)
  • At least 50% of Business Foundations course work must be taken in-residence or through the McCombs Summer Institute. This DOES NOT include University Extension, Transfer credit, or Credit-by-Exam