Business & Engineering

Are You Interested in Business and Engineering?

Engineers who balance their technical and problem-solving skills with a solid understanding of the business environment can significantly improve their likelihood of professional success.

There are two major ways to incorporate business coursework into an engineering major.  The first of these is to pursue one of two business minors offered at Valparaiso University.  The second would involve continuing graduate education after completing the engineering degree, either in the Master of Business Administration (MBA) program or in the Master of Engineering Management (MEM) program.

The Business Administration minor provides students with a thorough knowledge of business topics, including accounting, legal aspects of business, economics, statistics, finance, management, and marketing. A total of 31 credits is required, including nine specific undergraduate business courses. A student earning this minor will have a very strong foundation in business administration.

Courses to complete the Business Administration Minor
 ACC 205 Financial Accounting
 3 credits
 ACC 206 Managerial Accounting  3 credits
 BLAW 104 Legal Environment of Business  3 credits
 ECON 221 Economics-Micro  3 credits
 ECON 222 Economics-Macro  3 credits
 IDS 205 Business Statistics  3 credits
 FIN 304 Financial Management  3 credits
 MGT 304 Management and Organizational Behavior  3 credits
 MKT 304 Marketing Management  3 credits
For students who do not wish to pursue a full Business Administration minor, Valparaiso University also offers a Liberal Arts Business minor, which requires only 21 credits.  Although some elements of business administration are omitted, the fundamentals are covered, and many students find it easier to fit a Liberal Arts Business minor into their engineering curriculum.

Courses to complete the Fundamentals of Business Minor
 ECON 221 Economics-Micro  3 credits
 ACC 205 Financial Accounting  3 credits
 BLAW 104 Legal Environment of Business  3 credits
 FIN 304 Financial Management  3 credits
 MGT 304 Management and Organizational Behavior  3 credits
 MKT 304 Marketing Management  3 credits
       

The MBA Program

Students who would like a deeper knowledge of business than that provided by either of these minors might consider joining the MBA program after completing their undergraduate degree, either on a full-time or part-time basis. The MBA program is designed to teach managers how to apply the theories learned at the undergraduate level. It also incorporates special emphasis on the use of technology such as MBA LIVE, the importance of sustainability, and the incorporation of ethical standards into all business decisions.

Engineering students who complete the Business Administration minor and then pursue an MBA degree after graduation will only need to take a total of 38 MBA credits, which is typically done in one calendar year, if attending full-time. As a result, students can complete both their undergraduate engineering degree and their MBA degree in a total of five years.

 

If you are interested in pursuing any of these business opportunities, your adviser can aid you in creating a plan of study.

For more information regarding the MBA, please visit the website at www.valpo.edu/mba or contact the MBA Office at 219.465.7952
or mba@valpo.edu.