University of Texas at Austin
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Business Minors for Business Majors

McCombs School of Business McCombs School of Business

Expand Your Business Knowledge with a Complementary Minor

Degree-seeking undergraduates in the McCombs School are welcome to pursue a minor in a related business field.  Six minors are offered in academic disciplines in which undergraduate majors are also available: Accounting, Finance, Management, Management Information Systems, Marketing, and Supply Chain Management.  These minors are available to McCombs students only.  In addition, minors in Business Analytics and Wealth Management are also designed exclusively for business majors.  A BBA student may complete only one minor, which must be in a different field of study from his or her major.

 

 

Accounting >

Accounting

 

Requirements for the Accounting Minor

Course Required

Hours

BA324

Business Communication: Oral and Written

3

orBA324H

Business Communication: Oral and Written: Honors

 


ACC312

Fundamentals of Managerial Accounting

3

orACC312H

Fundamentals of Managerial Accounting: Honors

ACC326

Financial Accounting--Intermediate

3

Six additional semester hours of upper-division coursework in accounting

6

Please Note:

       

All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

Finance majors who wish to pursue an Accounting Minor may only do so by selecting the Finance Track with Required Accounting Minor.

Admission Criteria

Students seeking admission to the Accounting minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall UT-Austin grade point average
  • Follow the guidelines outlined in the Application Procedures section below

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Accounting.  On the next page, select Accounting from the Type pull down menu. Confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the minor attached to your degree profile. This is an important step in the process. The credential cannot be awarded to you when you graduate from UT - Austin if it has not been added to your degree profile.

 

Business Analytics

The minor in Business Analytics offers business students the opportunity to develop skills in collecting, cleaning, and analyzing data, as well as modeling and optimizing data-driven decisions in practical business contexts. Students in the Business Analytics minor gain fundamental competencies in programming, statistics, machine learning, and decision science and apply these skills to predict, model, and optimize.  As business analytics has become increasingly important in all fields, this minor will be a valuable complement to any McCombs major.

Admission Criteria

Students seeking admission to the Business Analytics minor must:

  1. Be a full-time, degree-seeking undergraduate student in the McCombs School
  2. Have a cumulative UT grade point average of at least 3.0
  3. Have a GPA of at least 3.33 in STA 301, STA 235, and D S 235.
  4. Be enrolled in the 2020-2022 Undergraduate Catalog

Admission to the minor is based on students' overall academic record, particularly in Statistics and Decision Science courses.

Application Deadlines

Students may apply to the minor in the Spring of either the Sophomore or Junior year.  

The application deadline is April 1. 

Application Procedures

To Apply for the Business Analytics Minor:

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Business Analytics and choose Continue. On the next page, confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the Business Analytics minor attached to your degree profile. This is an important step in the process. The credential cannot be awarded to you when you graduate from UT - Austin if it has not been added to your degree profile.

 

Finance

Requirements for the Finance minor:

Required Courses

Hours

BA324

Business Communication: Oral and Written

3

orBA324H

Business Communication: Oral and Written: Honors

 


FIN357

Business Finance

3

orFIN357H

Business Finance: Honors

FIN367

Investment Management

3

Six additional semester hours chosen from the following courses:

6

One of:

FIN371M

Money and Capital Markets

FIN375F

Banking and Financial Intermediation

One or two of:

FIN372

Advanced Topics in Finance (any topic)

FIN374C

Valuation

FIN374S

Entrepreneurial Finance

FIN376

International Finance

FIN377

Advanced Investment Analysis (Topic 1 Portfolio Analysis and Management)

FIN377

Advanced Investment Analysis (Topic 4 Financial Analysis)

One of:

FIN377

Advanced Investment Analysis (Topic 2 Financial Risk Management)

FIN377

Advanced Investment Analysis (Topic 5 Energy Financial Risk Management)

One topic of:

FIN340S

Topics in Finance (any topic; only three hours of FIN 340S may be used)

One of:

RE358

Introduction to Real Estate and Urban Land Development

RE378K

Real Estate Finance and Syndication

Please Note:

All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

Independent Research and Practicum courses may not be applied to the Finance minor.

For students pursuing the integrated approach BBA/MPA degree, nine hours for the Finance minor must be taken in addition to the Finance 367 course and the business elective required for the integrated BBA/MPA degree, in order to obtain a Finance Minor.

Admission Criteria

Students seeking admission to the Finance minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall UT-Austin grade point average
  • Follow the guidelines outlined in the Application Procedures section below

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Finance.  On the next page, select Finance from the Type pull down menu. Confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the minor attached to your degree profile. This is an important step in the process. The credential cannot be awarded to you when you graduate from UT - Austin if it has not been added to your degree profile.

 

Management

Requirements for the Management Minor

Course Required

Hours

BA324

Business Communication: Oral and Written

3

or BA324H

Business Communication: Oral and Written: Honors

 


MAN 336

Organizational Behavior

3

or MAN 336H

Organizational Behavior: Honors

 

Nine additional semester hours of upper-division coursework in management

9

Please Note:

 

All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

 

Admission Criteria

Students seeking admission to the Management minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall UT-Austin grade point average
  • Follow the guidelines outlined in the Application Procedures section below

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Management.  On the next page, select Management from the Type pull down menu. Confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the minor attached to your degree profile. This is an important step in the process. The credential cannot be awarded to you when you graduate from UT - Austin if it has not been added to your degree profile.

 

 

 

Management Information Systems

Requirements for the MIS Minor

 

Course Required Hours
BA324 Business Communication: Oral and Written 3
orBA324H Business Communication: Oral and Written: Honors


MIS301 Introduction to Information Technology Management 3
orMIS301H Introduction to Information Technology Management: Honors
One of the following: 9
Nine additional semester hours of upper-division coursework in management information systems
or
MIS304
Introduction to Problem Solving and Programming
And six additional semester hours of upper-division coursework in management information systems
Please Note:
All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

Admission Criteria

Students seeking admission to the MIS minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall GPA
  • Follow the guidelines outlined in the Application Procedures section below 

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID. From the Field of Study pull down menu, choose Management Information Systems. On the next page, select Management Information Systems from the Type pull down menu.  Confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the MIS minor attached to your degree profile. This is an important step in the process. You cannot be awarded the credential when you graduate from UT-Austin if it has not been added to your degree profile.

Marketing

Requirements for the Marketing Minor

Course Required

Hours

BA324

Business Communication: Oral and Written

3

orBA324H

Business Communication: Oral and Written: Honors

 


MKT337

Principles of Marketing

3

orMKT337H

Principles of Marketing: Honors

Nine additional semester hours of upper-division coursework in marketing

9

Please Note:

All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

Admission Criteria

Students seeking admission to the Marketing minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall GPA
  • Follow the guidelines in the Application Procedures section below

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID. From the Field of Study pull down menu, choose Marketing. On the next page, select Marketing from the Type pull down menu.  Confirm your choice and submit the application.

Once admitted to the Marketing minor , you must contact your academic advisor to have the minor attached to your degree profile. This is an important step in the process. You cannot be awarded the credential when you graduate from UT-Austin if it has not been added to your degree profile.

 

 

Supply Chain Management

Requirements for the Supply Chain Management Minor

 

Course Required                                                                                                                                           Hours

BA324

Business Communication: Oral and Written

3

or BA324H

Business Communication: Oral and Written: Honors

 

OM235

Operations Management                                                                     2 or 3

 

or OM235H

Operations Management: Honors

or OM334M

Healthcare Operations Management

MAN101S

Leadership Challenges and Innovation

1

or MAN101H

Leadership Challenges and Innovation: Honors

or MAN101T

Leadership Challenges and Innovation

Nine additional semester hours of upper-division coursework in operations management

9

Please Note: All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

Admission Criteria

Students seeking admission to the Supply Chain Management minor must:

  • Be a degree-seeking student in the McCombs School of Business
  • Have a 2.0 or higher overall GPA
  • Follow the guidelines outlined in the Application Procedures section below

Applications are reviewed on a rolling basis.

Application Procedures

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID. From the Field of Study pull down menu, choose Operations Management. On the next page, select Supply Chain Management from the Type pull down menu. Confirm your choice and submit the application.

Once admitted to the SCM minor, you must contact your academic advisor to have the minor attached to your degree profile. This is an important step in the process. You cannot be awarded the credential when you graduate from UT-Austin if it has not been added to your degree profile.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management

The McCombs Wealth Management program provides students the perspectives, conceptual knowledge, and analytical skills necessary to explore the many aspects of the wealth management industry, including offering financial planning services to individual and institutional investors. 

Requirements of the Wealth Management Minor:

Hours

Required Courses

ACC364

Fundamentals of Taxation

3

ACC378

Contemporary Accounting Topics (Topic 3: Financial Planning for Wealth Management)

3

FIN367

Investment Management

3

Elective Courses

Nine semester hours selected from the following:1

9

CMS332K

Theories of Persuasion

FIN371M

Money and Capital Markets

FIN377

Advanced Investment Analysis (Topic 1: Portfolio Analysis and Management)

LEB370

Topics in the Legal Environment of Business (Topic 15: Law of Wills, Trusts, and Estates)

MKT372

Marketing Seminar (Topic 11: Brand Management)

or

MKT372

Marketing Seminar (Topic 17: Consumer Behavior in a Digital World)

or

MKT372

Marketing Seminar (Topic 21: Strategic Product Management)

RM377

Property-Liability Risk Management and Planning

Please Note:

Other courses may be considered for substitution, as approved by the Wealth Management Minor Committee.

All classes must be taken on the letter-grade basis. The student must earn a combined grade point average of at least 2.00 in these courses.

1. The nine elective hours must be different from courses taken for the students’ major; these nine hours cannot simultaneously satisfy any degree requirements except free electives only. Students should carefully choose electives from a field of study different than their major, and should consult their academic advisor.

Admission Criteria

Admission to the program is based on students’ overall academic record, including, but not limited to, hours and number of courses taken in residence, demonstrated interest in wealth management, and overall UT grade point average.

Application Deadlines

  • For Spring semester: October 1; January 5
  • For Summer and Fall semesters: April 1; August 15

Application Procedures

The Wealth Management credential is available to all business majors.  The specific program you choose depends on the Undergraduate Catalog that was in effect when you first enrolled in classes at The University of Texas at Austin.

  • If you are in the 2020-2022 Undergraduate Catalog, you should apply for the Wealth Management Minor.
  • If you are in the 2016-2018 or 2018-2020 Undergraduate Catalog, you should apply for the Wealth Management Certificate.

To Apply for the Wealth Management Minor:

Step 1: Submit an application via the Registrar Document Submission page for minors.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Business Administration. From the Type pull down menu, choose Wealth Management. Confirm your choice and submit the application.

To Apply for the Wealth Management Certificate:

Step 1: Submit an application via the Registrar Document Submission page for certificates.

Step 2: Enter your EID.  From the Field of Study pull down menu, choose Business Administration.  From the Type pull down menu, choose Wealth Management. Confirm your choice and submit the application.

Once admitted, you must contact your academic advisor to have the Wealth Management minor or certificate attached to your degree profile. This is an important step in the process. The credential cannot be awarded to you when you graduate from UT-Austin if it has not been added to your degree profile.