Minor in Business

Requirements for the Business Minor

Six courses, within at least three different disciplines,* must be completed for the minor. The following four courses are required of all minors:

  • Busi 215: Fundamentals of Financial Accounting
  • Econ 101: Introduction to Microeconomics
  • Econ 360: Corporate Finance
  • Phil 232: Business Ethics

In addition, minors must complete two elective courses identified under a common track.

*For purposes of the minor, these disciplines are understood to comprise the following: business, computer science, economics, forestry, history philosophy, politics, and psychology.

Tracks and Elective Courses

Managerial Track:

  • Busi 216: Fundamentals of Managerial Accounting
  • Busi 217: Marketing Strategy
  • CSci 180: Business Data Communications and Computer Networks
  • CSci 284: Database Design with Web Applications
  • CSci 290: Data Mining
  • Econ 304: Labor Economics
  • Econ 315: Industrial Organization and Public Policy
  • Econ 341: Game Theory
  • Econ 348: Social Entrepreneurship
  • Fors 319: Natural Resource Management Decisions
  • Hist 100: Consumer Culture and Discontents
  • Psyc 203: Social Psychology
  • Psyc 206: Industrial Psychology
  • Psyc 208: Cognitive Psychology

International Track:

  • Busi 217: Marketing Strategy
  • Econ 310: Economic Development in the Third World
  • Econ 343: International Trade
  • Econ 344: International Finance
  • Econ 345: Economic Development in China
  • Econ 346: Introduction to Asian Development
  • Econ 347: Microfinance Institutions in South Asia
  • Econ 348: Social Entrepreneurship
  • Econ 349: Selected Topics in Microfinance and Social Entrepreneurship
  • PolS 250: States and Markets in East Asia
  • PolS 366: International Political Economy
  • PolS 402: Topics in Political Economy

Finance Track:

  • Econ 361: Investments
  • Econ 362: Financial Derivatives

Course Sequence and Timing

Corporate Finance, which is required of all students, has a prerequisite of statistics (Stat 204) and Introduction to Economics (Econ 101). All business minors should have completed Stat 204 and Econ 101 by the end of their sophomore year. Business minors who elect the Finance track should also complete Busi 215: Fundamentals of Financial Accounting and Econ 360: Corporate Finance by the end of their junior year.

Preparation for Success in Business Leadership

For students with career goals in management, international business, consulting and finance, the designation as a Carey Fellow brings with it a mark of distinction, a stipend, and a certificate awarded at graduation recognizing the completion of additional requirements designed to prepare Fellows for leadership positions in global commerce.

How to Apply

Students who intend to declare a business minor can apply for the Carey Fellows program in one of two ways: 1) as incoming first-year students, or 2) during the fall semester of their sophomore year.

Applying as An Incoming First-Year Student 

Incoming first-year students who intend to declare a business minor may apply to become Carey Fellows after they have received notification of their admission to the University of the South. The invitation to apply for the Carey Fellows program will be extended to all admitted students shortly after notification of their acceptance to the University. Incoming first-year students are required to demonstrate academic excellence, leadership potential, and interest in business, including the intention to declare a business minor. The application process for incoming first-year students includes providing written responses to a few questions. The deadline for receipt of applications to become a first-year Carey Fellow is April 1. Applicants will be notified of the decision on their application by April 15.

Applying as A Sophomore

Sewanee students who have achieved a minimum 3.33 GPA and intend to declare a business minor may also apply to be Carey Fellows in the fall of their sophomore year. Applicants are required to submit an official transcript, obtain letters of recommendation, write an essay detailing their interest in the program, and complete an interview with the selection committee. The deadline to apply for the Carey Fellows program as a sophomore is October 11. 

Program Structure and Requirements

Carey Fellows participate in a sequence of academic and skills-based experiences designed to equip them with the knowledge and training to succeed in global commerce. In addition to completing the requirements of the business minor, Carey Fellows complete two proseminar courses and spend an entire semester working in a paid, full-time internship facilitated by the Babson Center for Global Commerce. Carey Fellows are expected to earn a minimum 3.33 GPA by the end of their freshman year and maintain that minimum 3.33 GPA for the duration of their Sewanee career.

Events at the Babson Center for Global Commerce

Carey Fellows participate fully in the activities of the Babson Center and are required to attend a specified number of the Babson Center’s co-curricular events. These events bring leaders in business and global commerce to Sewanee throughout the academic year. During their first and sophomore years, Carey Fellows also engage in specially designed team building events and programs. All Carey Fellows should complete Econ 101: Introduction to Economics, Busi 215: Fundamentals of Financial Accounting, and Stat 204: Elementary Statistics by the end of their sophomore year.

Summer School

In order to meet graduation requirements within four years and complete a semester-long internship, Carey Fellows participate in summer school the summer following their sophomore year. Fellows must complete two courses, normally Econ 360: Finance I and Phil 232: Business Ethics, during the summer school session. Students who have already completed one or both of these courses may pursue another schedule of summer courses in consultation with the pre-business advisor.

Internship Semester

During the junior year, Carey Fellows spend one semester in an off-campus, paid internship, facilitated by the director of the Babson Center for Global Commerce. These companies have recently offered internships that give Carey Fellows real on-the-job learning and valuable networking experiences.


During their junior and senior years, Carey Fellows must complete two proseminar courses (Busi 352 and Busi 353). The proseminars draw on academic work within the business minor to enhance spreadsheet modeling, writing, and speaking skills as well as provide leadership training. One full course credit (four semester hours) will be awarded for completion of each proseminar. Enrollment in the proseminars, taught by the director of the Babson Center, is exclusively available to Carey Fellows.

Learn More

To view photos of some of the events in which Carey Fellows participate, take a look at our photo-sharing web site.

Download the Carey Fellows Handbook.