Undergraduate Minors at Culverhouse
Certain business skills are both universal and in high demand. A fluency in accounting empowers students with the knowledge to understand the way an organization works as well as how it maintains its ability to operate and grow. Accounting skills are necessary for any business owner or professional.
The Accounting minor for non-majors offers students a way to learn accounting without the expectation of a career centered on it. This minor is recommended for students who anticipate a need to manage the financial health of an organization, whether from a CEO’s perspective or from various levels in business. Accountants work all across the world, but Culverhouse accountants are in high demand.
This minor is not available to students who are pursuing a major in Accounting.
Actuarial Science is perennially ranked among the top ten career choices, and is an excellent option for students with future-oriented minds and a strong aptitude for mathematics and statistics. As an actuary, you will join an elite group that estimates the probability of future events, develops ideas for coping with unexpected losses, and helps shape the way society deals with risk. The Actuarial Science minor offers a wide variety of career paths consistent with many attractive lifestyles. Students who minor in this subject receive a solid foundation for passing professional examinations that are required to become an actuary.
The Economics minor is intended for students who have a strong interest in rigorous economics and want to acquire problem-solving skills and develop a logical way of analyzing various social problems. The minor is especially valuable for students in business administration preparing for an MBA, or in engineering and the natural and physical sciences, as well as students considering graduate work in law and public policy. The minor is also attractive to students who wish to broaden their education and to better understand the forces that shape the modern world. The Economics minor includes coursework in microeconomics, macroeconomics, economic policy, and econometrics. The Department of Economics, Finance and Legal Studies offer a broad range of economic courses with a flexible minor requirement so the students can choose to take courses that match their academic ability, interests, and career goals.
This minor is not available to students who are pursuing majors in Economics or Finance.
The Finance minor is intended for students who have an interest in developing a strong foundation in financial decision-making by offering courses designed to develop the student’s analytical skills and financial problem solving abilities. Such skills can broaden a students career opportunities, as most business decisions are financially based. These same skills are also important when making personal investment decisions, regardless of career. The minor is especially valuable for students preparing for an MBA, or in engineering and the natural and physical sciences, as well as students considering graduate work in business. A Finance minor helps prepare students to apply their major degree to fields such as banking, financial services, corporate finance, investment management, real estate, insurance enterprise risk management and consulting.
This minor is not available to students pursuing majors in Economics or Finance.
Personal Wealth Management
The Personal Wealth Management minor qualifies students to sit for the Certified Financial Planner™ exam. The course selection extensively covers all aspects of personal finance including investments, estate planning, taxation, risk management and insurance, employee benefits, and retirement planning. Graduates with the Personal Wealth Management minor often land careers working in or with securities firms, bank trust departments, mutual funds, insurance companies, investment advisory firms, financial planning firms and pension and accounting firms. Students with this minor will gain extensive knowledge of all areas of personal finance and wealth management.
Note: Students will need to complete FI 414 Investments to sit for the Certified Financial Planner™ exam.
The Real Estate minor continues The University of Alabama’s real estate legacy that began over 80 years ago. Designed to provide students with a background in real estate fundamentals and decision making, the Real Estate minor combines many different academic disciplines including: economics, finance, sales, management, and law. Students have a unique opportunity to be eligible to take the Alabama Real Estate Salesperson License exam after completing two real estate courses, and a Real Estate Minor qualifies graduates for the Institute of Real Estate Management’s Certified Property Manager (CPM) fast track program. Another benefit to students is the Alabama Center for Real Estate’s (ACRE) Collegiate Career Assistance Program (CCAP). Housed within the Culverhouse College of Business, CCAP provides student support and resources for professional development and real estate internship/employment opportunities.
Risk Management, Insurance, and Financial Services
Risk complicates business and life. Every day companies and individuals confront catastrophic risks emanating from natural disasters, lawsuits, fire, and many other sources. Students in the Risk Management, Insurance, and Financial Services minor learn to identify and manage risks. They are trained for careers in the insurance and financial services industries, as professional risk managers, and as knowledgeable consumers as they navigate the risks in their own lives. Culverhouse has been designated a Global Center of Insurance Excellence, ranking among the top schools in the world for students seeking a risk management career.
The Statistics minor equips students with a general introduction to statistical theory followed by further training in statistical methods and computational statistics. Through this minor, students will gain the skills necessary to participate in statistical analysis and data science in business, engineering, or scientific fields and greatly enhance their preparedness for graduate school in disciplines involving quantitative analysis. The Statistics minor is an excellent counterpart to any undergraduate program at The University of Alabama.
The mission of the Entrepreneurship minor is to equip students with the knowledge, skills, and abilities necessary to innovate in existing firms and to launch new ventures. Students will learn how to identify and evaluate opportunities, and how to capitalize on these opportunities. In doing so, they will work closely with faculty and experienced entrepreneurs to gain hands-on experience in key activities necessary to build sound business models and to acquire critical resources as they help established firms innovate and create profitable enterprises.
The General Business minor is designed for non-business students who want to gain a broad understanding of the business world. This minor pairs well with a variety of undergraduate majors across campus. The minor includes survey courses from several of the functional fields in Culverhouse College of Business and gives students the opportunity to tailor the elective courses to their specific interests.
The General Business minor is not available to students pursuing a major within Culverhouse College of Business.
Human Resource Management
The Human Resource Management minor develops student skills for the effective management of human resources in organizations. The program trains students to strategically address human capital management to improve organizational performance. The six-course curriculum covers a range of topics, including employee recruitment, selection, training and development, compensation, performance management, employee relations, and strategic human resource management. The curriculum is aligned with the Society for Human Resource Management (SHRM) curriculum guidelines and prepares students to pass the SHRM-CP Certification exam as well as Human Resource Certification Institute (HRCI) exam.
The management minor is a five-course sequence which provides students the opportunity to develop analytical and interpersonal skills necessary to focus an organization’s crucial processes on the achievement of its mission. Students in this minor will learn and practice key leadership, teamwork and innovation skills necessary to efficiently organize and employ an organization’s assets, especially its human capital, in a manner appropriate to both established firms and newly created ventures. This minor is a valuable addition to any course of study at the University of Alabama as it teaches students how to work with and through others to achieve critical goals.
This minor is not available to students who are pursuing a major in Management.
The courses in this minor help students manage what they communicate as young professionals. They improve the impression they make when communicating orally, visually, and in writing. They exercise their emotional intelligence to gain acceptance as leaders when communicating interpersonally. They gain professional experience by managing a client project that brings real-world experience to the classroom and engages students in the application of strategic communication to navigate team relationships, resolve conflicts, and facilitate effective project governance.
The International Business minor prepares students to engage with a globally connected marketplace by developing their awareness, understanding, and ability to critically analyze the globally connected world.
Students minoring in international business acquire skills to trade with foreign suppliers and distributors, and work effectively in multicultural work environments.
There is a focus on experiential learning including projects that sometimes involve global teams comprised of students from around the world, and ample opportunities to gain international experience through study abroad and internship programs that better prepare students for competition in the global economy. Culverhouse may be local, but our knowledge is global.
The Sales curriculum provide students with sales theory and up-to-date sales technologies, practical process applications and engagement with live business-to-business selling environments. Students who have earned the minor can contribute revenue to a hiring organization while also being more prepared to accept continued sales and management training. In an environment where making the sale is everything, a minor in Sales takes our students anywhere.
Services are now a major driver of the U.S. and world economy. Therefore, service marketing and management in the areas of people, business process, and the design of physical space are of great importance. The ability to understand, map, design, and re-design business service processes, flow, and physical space across the value chain is critical as is the ability to manage service employees and teams.
Services Marketing is a minor designed for students interested in working in and managing teams of people to analyze, develop, and deliver world-class service, manage customer relationships, and work cross-functionally with other aspects of the organization such as sales, logistics, and operations.