11 Best Minors for Business Major Students in 2024
Pursuing a business major provides several career opportunities, and choosing a minor can help you achieve the goal. Modern industries and sectors mostly hire students with solid business and management skills.
So, why do you need a minor with a business major? Selecting the right minor is essential when choosing a college major. Graduates with a college major and minor have high value in this competitive job market. A minor will enhance your skills and knowledge, making you a versatile candidate.
However, ask yourself a few questions before choosing a business minor. Does the minor degree you choose supplement your major? If yes, apply and get the degree from the best and most reputed educational institution. Besides, the minor should fit into your academic plan.
Here are the best minors for business major students:
1. Data Analytics
Many business major students choose data analytics as their minor. It helps the students to learn about computer programming fundamentals and statistics. Data analytics also teaches college students how to use business intelligence tools.
So, who must take this minor program? It will be a great option for those who want to be a manager or business advisor. Data analytics cover probability, sampling distributions, hypothesis testing, estimation, and imputation techniques.
2. Accounting
It is the best minor business students should consider pursuing to expand their skill set. An accounting degree qualifies college students for careers in business. You can work for national and multinational organizations with a business major and accounting minor.
Many government agencies and leading corporations employ graduates with this minor. This course will teach you about GAAP and how accounting works in a company. Students mostly choose managerial accounting with a business major program.
3. Advertising
Advertising undoubtedly plays a pivotal role in running a successful and profitable business. It teaches college students how to create engaging and informative ads for a business. Moreover, you will learn about the different marketing campaigns and how to use them for brand promotion.
What else can you learn with this business minor course? Advertising teaches students how to deal with clients and effective ways to make a company stand out. Besides, it will help you to learn how to drive customers or clients in your business.
4. Environmental Science
Environmental problems have made drastic changes to how a business operates. Many companies have started using strict policies and sustainable strategies to reduce their carbon footprint. It also helps them to save overhead costs and be more energy efficient.
Many companies hire environmental consultants to receive sustainability advice. An environmental science minor with a business major is essential for such a position. Students with this college degree study the following concepts:
- Resources and Energy
- Environmental protection
- Applied demand analysis
- Environmental and resource economics
5. Political Science
How can this minor go with your business major? Let us clarify that political science helps students to understand how politics can influence the employees in an organization. It will also help you to learn how individuals impose and resist power in institutions.
Business major students with political science cover topics about state and local government. It teaches them about the law and legal system. This degree course’s key concepts are policy analysis, public administration, international relations, and comparative politics.
6. Finance
Finance includes basic concepts like financial institutions and services, which are crucial for every company or business. What does the term “finance” refer to? It is a study of financial activities that support businesses. It also teaches the students about financial tools crucial for a company.
Business major students with a finance minor can learn many things. For instance, you can learn about investments, increasing your financial knowledge. With a minor in finance, college students can gain in-depth knowledge about markets and how they generate or transfer wealth.
7. Hospitality & Tourism
Students in business major must minor in hospitality and tourism. It covers a minimum of seven courses in HTM. You can be a part of any industry segment, including tourism sales and operations, by completing these courses.
Most colleges include 12 units with the hospitality and tourism minor, from which you can choose one. Moreover, students must choose 2 elective courses from 12 units when studying this degree program. A minimum of 2.0 GPA (73-76% percentile) is required to complete the hospitality and tourism course.
8. Entrepreneurship
Undergraduate students can choose entrepreneurship as their minor with a business major. This subject is for you if you want to increase your organizational and technical abilities. A minor in entrepreneurship can benefit you in any career path or business field.
Moreover, graduates who have entrepreneurship skills are highly valued in all industries. It teaches you the skills required to start and manage a business. Do you want to open a new venture after completing your college? The entrepreneurship minor will provide you with the experience of how to finance or operate it.
9. Economics
Many students think that economics will be a difficult major subject to study with a business major. However, learning the basic concepts of this minor is pretty. It teaches the students about supply and demand, price controls, inflation, and taxation.
Moreover, a major in economics will add more value to your business major course. An economics major will benefit you if you plan to pursue an MBA. So, what can you learn from this minor program? It will teach you the macroeconomics and microeconomics principles.
10. Business Analytics
Do you want to learn about data mining and data analysis? Business analytics is the right minor for you. Students with a business major can enhance their ability to interpret company data with this minor. Besides, you can help the organization make better decisions with critical data analysis.
Business analytics includes concepts like marketing analytics and customer relationship management. It provides knowledge about predictive analytics, systems, and analysis design. Business major students must choose 3 elective courses when studying business analytics.
11. Non-Profit Administration
Non-profit administration can be studied to enhance business administration skills. Graduates with this minor can develop leadership skills and become more creative. It also prepares students to improve their customer and client engagement strategies.
Furthermore, a non-profit administration minor learns how to solve the organization’s complex issues. Many colleges offer online non-profit administration minor courses. Choosing an educational institution offers scholarships to study the course.
Alternative Minors You Can Pursue with Business Major
Computer science is another minor that you can study with a business major. Businesses, regardless of their size, must create websites, advance their technology, and perform electronic functions. Doing these tasks will only be possible with learning the computer science basics.
So, what does a computer science minor focus on? It emphasizes mostly computer programming, spreadsheets, data records, and programming languages. Additionally, you can study international business if you have a business major.
It will help you learn how to build a network, establish and strengthen client relationships, and expand the business. However, students must know at least 1 foreign language to study this college minor.
Some key international business concepts are international finance, export management, and global business communication. So, what are you waiting for? Choose the best college minor with your business major for your career growth.
