Management EFA - University of Iowa

Management EFA
Industrial Engineers are often tasked with managerial tasks, project management, and financial assessments, as they
relate to project budgets, cost calculations, and optimization criteria. The Management EFA prepares students for a
career in business management, and allows for completing all requirements for the Minor in Business
Administration.
Information
on
the
Business
Administration
Minor
can
be
found
at
http://tippie.uiowa.edu/undergraduate/documents/programs/businessminor.pdf. The following table explains the
requirements for a Business Minor, and how they can be satisfied by undergraduate students in the Industrial
Engineering (IE) program. It can be seen that four courses for the Business Minor are satisfied by courses that are
required in the EFA and two as part of the GEC. Principles of Microeconomics ECON:1100 (6E:001) and Principles
of Macro Economics ECON:1200 (6E:002) can be taken as part of the General Education Component (GEC).
The following courses are required for a business minor:
Course #
MATH:1380 (22M:017)
STAT:1030 (22S:008)
ECON:1100 (06E:001)
ECON:1200 (06E:002)
ACCT:2100 (06A:001)
ACCT:2200 (06A:002)
MGMT:2000 (06J:047)
MGMT:2100 (06J:048)
MSCI:1500 (06K:050)
MKTG:3000 (06M:100)
FIN:3000 (06F:100)
Total hours required:
Required for Business Minor
Calculus & Matrix Algebra for
Business
Statistics for Business
Principles of Microeconomics
Principles of Macroeconomics
Introduction to Financial Accounting
Managerial Accounting
Introduction to Law
Introduction to Management
Business Computing Essentials
SH
4
Introduction to Marketing Strategy
Introductory Financial Management
3
3
35-6
Equivalent for IE Majors
MATH:1550 (22M:031) Engineering
Mathematics I
STAT:2020 (22S:039) Prob & Stat for Engrs
Take as part of GEC
Take as part of GEC
Take as part of EFA
Take as part of EFA
Take as part of EFA
Take as part of EFA
ENGR:1300 (059:006) Engineering Problem
Solving II
Take as part of EFA
IE:2500 (056:054) Engineering Economy
3-4
4
4
3
3
3
3
2
SH
4
3
4
4
3
3
3
3
3
3
3
36
The Management EFA schedule accommodating the Business Minor should be designed as shown in the following
table. The Math/Science Elective are listed in the last table. The 3000-level engineering course in Semester 8 allows
students to gain advanced knowledge in an engineering topic of their choice.
The following courses are required for the Management EFA:
Semester
4 (Spring)
5 (Fall)
Course #
ACCT:2100 (06A:001)
ACCT:2200 (06A:002)
EFA Course
Intro to Financial Accounting
Managerial Accounting
Session
All
All
SH
3
3
7 (Fall)
8 (Spring)
8 (Spring)
MGMT:2000 (06J:047)
MGMT:2100 (06J:048)
MKTG:3000
(06M:100)
Introduction to Law
Introduction to Management
Intro to Marketing Strategy
All
All
All
3
3
3
8 (Spring)
8 (Spring)
Math/Science Elective
Above 3000-level
Engineering course
Pre-/Co-Requisites
Sophomore standings
ACCT:2100 (06A:001), ECON:1100
(06E:001), MATH:1550 (22M:031)
Sophomore standings
Sophomore standing
ECON:1100 (06E:001); Junior
standing
3
3
The following courses are Math/Science electives:
Course #
PHYS:2704 (029:030)
CHEM:1120 (004:012)
STAT:3210 (22S:158)
MATH:3800 (22M:072)
MATH:3550 (22M:037)
Course
Physics IV
Principles of Chemistry II
Experimental Design & Analysis
Elementary Numerical Analysis
Engineering Mathematics V
BIOL:1411 (002:031)
Foundations of Biology
SH
3
4
3
3
3
4
Pre-/Co-requisites
MATH:1860 (22M:026) and PHYS:2703 (029:029)
CHEM:1110 (004:011)
STAT:2010 (22S:030) and STAT:3200 (22S:152).)
MATH:1560 (22M:032) or MATH:1860 (22M:026)
MATH:1560 (22M:032) and MATH:2550
(22M:033)
CHEM:1110 (004:011)
For further information, please contact: Professor T. Schnell, Department of Mechanical and Industrial Engineering,
University of Iowa, Iowa City, IA 52242, Tel. (319) 334-0811, e-mail: [email protected].
**The sessions listed are typical but are not guaranteed to be taught
Version: November 7 2014

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