Loyola University > Quinlan School of Business > Academics > Undergraduate Degrees > Minors > International Business Minor
International Business Minor
Non-Quinlan students who wish to expand their skills in international business may elect to pursue a minor in this field. The requirements are 18 credit hours in international business courses, plus all necessary prerequisite classes for the upper level business courses.
Student should take the following:
- IBUS 201: Introduction to International Business
Two courses from the following:
- ACCT 201. Introductory Accounting I
- ECON 201. Principles of Economics I (Micro) -or- ECON 202. Principles of Economics II (Macro)
- INFS 247. Business Information Systems
- MARK 201. Principles of Marketing
- MGMT 201. Managing People and Organizations
Three courses from the following:
Group A (choose at least one)
- ACCT 306. Advanced Accounting—Business Combinations, Consolidations and International (prerequisites: junior standing, minimum C- in ACCT 304)
- ECON 323. International Economics (prerequisites: sophomore standing, minimum C- in ECON 201 & ECON 202)
- ECON 324. International Monetary Relations (prerequisites: sophomore standing, minimum C- in ECON 201 & ECON 202)
- ECON 325. Economics of Development and Growth (prerequisites: sophomore standing, minimum C- in ECON 201 & ECON 202)
- FINC 355. International Financial Management (prerequisites: junior standing & minimum C- in either FINC 301 or FINC 334)
- SCMG 338. Logistics in the Global Economy (prerequisites: junior standing & minimum C- in SCMG 332)
Group B (choose at least one)
- HRER 325. Global Employment Relations (prerequisites: junior standing & minimum C- in MGMT 201)
- HRER 329. Global Human Resources and Organizational Behavior (prerequisites: junior standing & minimum C- in MGMT 201)
- MARK 363. International Marketing (prerequisites: junior standing & minimum C- in MARK 201)
- MGMT 305. Global Business Strategy (R) (prerequisites: junior standing & minimum C- in MGMT 201)
- MGMT 315. International Management (prerequisites: junior standing & minimum C- in MGMT 201)
- SPRT 345. Globalization of the Sport Industry (prerequisites: junior standing & minimum C- in SPRT 130)
Students may take one course from the following list of Non-Quinlan classes for the International Business minor:
- ANTH 100. Globalization and Local Cultures
- ANTH 102. Intro to Cultural Anthropology
- PLSC 350. Politics of International Economic Relations
- PLSC 362. Politics of Developing Societies
- PLSC 363. International Politics
(R)=Offered at Loyola's Rome Center.
Minor Language Requirement
The minor also includes a foreign language requirement.
- Option 1) 103 level (3 yrs of same language in HS) + Study Abroad
- Option 2) 104 level (4 yrs of same language in HS)
Quinlan students who wish to pursue a minor in international business must complete IBUS 201 and three 300-level international business courses (see above).
Students are limited to counting two courses in each subject area toward the minor. Only one pre-approved 399: Selected Topics course will count for this major/minor.
At the discretion of the Quinlan School of Business, a maximum of one transfer course taken prior to matriculating at Loyola University Chicago may be allowed.
The Quinlan School of Business will allow program transfer credit for business courses taken elsewhere prior to matriculation at the lower-division level provided such courses are also offered at the lower-division level at Loyola. These lower-division level courses are stipulated by the Association to Advance Collegiate Schools of Business (AACSB), the business school accreditation agency, as follows:
Principles of Accounting (six credit hours)
Principles of Economics: Macro and Micro (six credit hours)
Principles of Marketing (three credit hours)
Business Statistics (if college algebra is required as a prerequisite) (three credit hours)
Law and the Regulatory Environment of Business (three credit hours)
Loyola's upper-division requirements in finance, intermediate economics, human resources management, strategic management, and operations management will not be satisfied by courses taken elsewhere at the lower-division level or without junior or senior standing. Students transferring as juniors or seniors may be allowed to transfer credit after successful completion of an upper-division course taken at another institution if the Quinlan School of Business deems that the subject matter is congruent to a corresponding Loyola course.
Current Loyola Students
The Quinlan School of Business adheres to the university policy regarding taking courses elsewhere. In conjunction with the university policy, the Quinlan School of Business will not approve any courses from the Quinlan School curriculum to be taken elsewhere during any semester or summer session.
At the discretion of the Quinlan School of Business, a maximum of one transfer course taken prior to matriculating at Loyola University Chicago may be allowed. A 2.0 average GPA is required for all attempted business courses. (BA in Economics students must also earn a 2.0 average GPA for all attempted Economics courses).
Quinlan students are limited to double dipping once (that is, counting one course twice) between any major or minor combination, regardless of what program the major or minor is taken in. Non-Quinlan students are limited to double dipping twice (that is, counting two courses twice) between business school minors and/or their respective majors.
Students planning to study abroad are encouraged to meet with their academic advisor early in the planning stage. A student will be permitted to take up to two approved courses in any Quinlan major or minor (and including BA Economics majors). All courses must be approved by the Quinlan Undergraduate Dean.