Degree Guidelines

Degree Requirements

This information is intended only as a guideline. The undergraduate catalog lists the official requirements for the Business Administration major.

The Business Administration major at W&L is unique among our peers, as the Williams School is the only accredited business program offered at a top-tier liberal arts university. In addition to the major courses described below, Business Administration majors are strongly encouraged to continue taking classes in the arts, humanities, social sciences, mathematics, and natural sciences. The Business Administration major is made up of six preparatory courses, four business core classes, one capstone class, and six elective courses.

Preparatory Courses

The following are required and should be completed during your first and sophomore years:

  • ECON 100 - Introduction to Economics
  • ACCT 201 - Introduction to Financial Accounting (Winter 1st year)
  • ACCT 202 - Introduction to Managerial Accounting (Fall sophomore year)
  • INTR 201 - Information Technology Literacy (1st year)
  • INTR 202 - Applied Statistics* (Fall or Winter sophomore year)

*The statistics sequence in Psychology (PSYC 120/250) may be substituted for INTR 202 for students considering a double major in Psychology and Business Administration.

Business Core Courses

The following are required for all Business Administration majors.

  • BUS 211 - Marketing Management
  • BUS 217 - Management and Organizational Behavior
  • BUS 221 - Managerial Finance
  • BUS 345 - Business Ethics or BUS 346 - Private Law in a Market Economy

The 200 level courses (BUS 211, BUS 217, BUS 221) may be taken in the Winter Term of the sophomore year, when space permits. All core courses should be completed by the end of the junior year. During the senior year, students must complete one of the following two capstone courses:

  • BUS 398 - Strategic Management or BUS 399 - Entrepreneurship

During the junior and senior years, Business Administration majors are also expected to complete three additional upper-level business administration electives and three additional upper-level related area electives. Of these six upper-level electives, at least one must be a course addressing international issues and at least one must be a course dealing with technology and information systems. The listing of courses meeting the international and technology course requirements may be found in the undergraduate catalog.

Upper-level Business Administration Courses

The three required courses may be selected from Business Administration courses numbered BUS 300 or above, excluding BUS 401 and 402.

Upper-level Related Area Courses

The three required courses must be selected from an approved list of courses from many departments across the University. The University Catalog must be consulted to determine the specific list of courses that qualify for related-area credit. The Business Administration Department has grouped these courses into the emphasis areas listed below. These emphasis areas are only suggestions developed by the Department. It is the responsibility of the student to work with his/her advisor to select courses that satisfy the related-area course requirements in the Business Administration major, as well as to complete the pre-requisites for these courses. There is no guarantee that courses outside the Business Administration Department will be offered in a manner that fits into an individual student's specific schedule.



JOUR 231 - Communication Theory
JOUR 325 - Crisis Communications

PSYC 202 - Theories of Personality
PSYC 252 - Sensation, Measurement, and Perception
PSYC 254 - Attention
PSYC 262 - Gender-Role Development
PSYC 269 - Stereotyping, Prejudice, and Discrimination

POL 255 - Gender and Politics

Sociology and Anthropology
SOAN 202 - Contemporary Social Problems
SOAN 212 - Theories of Social Psychology
SOAN 251 - Social Movements
SOAN 262 - The Sociology of Culture
SOAN 280 - Gender and Sexuality
SOAN 351 - Sociological Theory
SOAN 375 - Methods of Social Inquiry


ACCT 311 - Financial Statement Analysis
ACCT 320 - Intermediate Accounting I
ACCT 321 - Intermediate Accounting II

ECON 203 - Econometrics
ECON 210 - Microeconomic Theory
ECON 211 - Macroeconomic Theory
ECON 215 - Money and Banking
ECON 270 - International Trade
ECON 271 - International Finance

Ethics/Social Responsibility/Sustainability

ECON 255 - Environmental and Natural Resource Economics
ECON 280 - Development Economics
ECON 356 - Economics of the Environment in Developing Countries

Environmental Studies
ENV 250 - Ethics, Ecology, and Economics in Land-Use Practice
ENV 295 - Special Topics in Environmental Studies
ENV 381 - Global Environmental Governance: Law, Policy, and Economics
ENV 395 - Special Topics in Environmental Ethics
ENV 397 - Senior Seminar in Environmental Studies

PHIL 240 - Contemporary Ethics
PHIL 242 - Social Inequality and Fair Opportunity
PHIL 346 - Medical Ethics
PHIL 348 - Legal Ethics
PHIL 354 - Distributive Justice

POL 215 - International Development
POL 232 - Public Policy
POL 233 - Environmental Policy and LawEconomics
POL 280 - Biopolicy: Policymaking on the Frontiers of Science

International Commerce

ECON 270 - International TradeECON 271 - International Finance
ECON 272 - Japan's Modern Economy
ECON 274 - China's Modern Economy

POL 215 - International Development
POL 227 - East Asian Politics
POL 232 - Public Policy
POL 245 - European Politics and Society
POL 246 - Post-Communism and New Democracies
POL 247 - Latin American Politics
POL 381 - International Political Economy

Information Systems/Data Analytics

Computer Science
CSCI 209 - Software Development
CSCI 211 - Algorithm Design and Analysis
ENGN 250 - Introduction to Engineering Design