Business

A major and a minor in business is available, as well as teacher certification for grades 5-12. See also the majors and minors in accounting and marketing and minors in entrepreneurship and global economics.

Major in business

58 credit hours

  • Acc 201, Principles of Financial Accounting 3
  • Acc 202, Principles of Managerial Accounting 3
  • Bus 140, Essential Business Skills 3
  • Bus 220, Office Software Productivity 3
  • Bus 307, Career Planning 1
  • Bus 310, Business Law 3
  • Bus 315, Principles of Management 3
  • Bus 316, Principles of Marketing 3
  • Bus 317, Financial Management 3
  • Bus 318, Production/Operations Management 3
  • Bus 403, Management Strategy 3
  • Bus 409, Business Internship 3
  • Bus 410, Business Capstone 3
  • Econ 203, Principles of Microeconomics 3
  • Econ 204, Principles of Macroeconomics 3
  • Econ 380, Statistics in Research3
  • Additional business department courses, at least 6 credit hours upper level (courses numbered 300 and above) 9
  • Mathematics requirement0-6

    For students entering Goshen College with SAT Math scores below 480 or ACT Math scores below 20:

    • Math 105, then either Math 115 or Math 141

    For students entering Goshen College with SAT Math scores of 480-540 or ACT Math scores of 20-23:

    • Math 115 or Math 141

    For students entering Goshen College with SAT Math scores above 540 or ACT Math scores above 23, requirement is met in one of the following ways:

    • Minimum AP Calculus score of 4 (AB level) or 3 (BC level)
    • Minimum IB score of 5 in Mathematics or Mathematical Studies
    • College credit in 100-level or higher mathematics course

Student learning outcomes

Graduates in business will:

  1. Identify and articulate how personal values and ethical considerations inform and impact business decisions.
  2. Demonstrate an understanding of the roles, goals, key concepts, methods, and tools utilized in specific business functions as well as the relationships between the various functions in a business.
  3. Intentionally prepare for a business career.
  4. Acquire skills needed to influence, inspire, and motivate individuals and groups to achieve results.
  5. Identify opportunities, analyze information, and apply frameworks for effective problem-solving and decision-making.
  6. Demonstrate effectiveness in writing and speaking in a variety of business contexts.
  7. Demonstrate ability to work productively with individuals in a diversity of roles and with varying interests in the outcome.

Planning guide

First year Goshen Core
Essential Business Skills
Mathematics requirement
Principles of Financial Accounting
Principles of Microeconomics
Principles of Macroeconomics
Office Software Productivity
Second year Goshen Core

Principles of Managerial Accounting
Statistics in Research
SST (spring or summer, or summer after third year)

Third year

Goshen Core
Management, Marketing, Financial Management, Business Law
Production/Operations Management
Upper-level courses in major
Career Planning
A summer internship between third and fourth year is strongly encouraged

Fourth year Balance of Goshen Core
Balance of major
Management Strategy
Business Capstone

Planning and advising notes

Students may not earn a double major in accounting, business and/or marketing, but major/minor combinations are allowed.

SST should be completed in the first two years or the summer after the third year. Additional math courses are encouraged for students anticipating graduate school.

Minimum academic requirement for majors and minors: >All business majors and minors must earn a grade of C- or higher in all courses required for their major or minor. Failure to attain this level of achievement requires the student to either repeat the course (for specific requirements) or take an additional course (an option for elective courses) and achieve a grade of C- or higher.

In the informatics major a cognate area in business is available, applying computer software and programming skills to the field of business.

Teacher education certification is available for grades 5-12. Courses needed in addition to business major requirements are Bus 322 and either Econ 306 or Bus 350. Also required are 32 credits of education courses, including a semester of student teaching. The first education class, Educ 201, should be taken in May term of the first year or fall of the sophomore year. See Education department information for more details.

A Masters in Business Administration program is offered online. More information about the program can be found at www.collaborativemba.org and also in the Goshen College academic catalog for graduate programs.

Minor in business

18 credit hours

  • Acc 201, Principles of Financial Accounting 3
  • Econ 203, Principles of Microeconomics 3
  • Additional accounting, business or economics courses, at least 9 credit hours upper level (300 and above)12

Note to accounting majors: Students must take 9 credit hours in business and economics beyond what is required in the major.
Note to marketing majors: Students must take 12 credit hours in accounting, business and economics beyond what is required in the major.