Lebanese American University

Academics

B.S. in Business Studies

This major equips students with the professional skills in: accounting, banking and finance, economics, international business, hospitality management, management information systems, management and marketing; enabling graduates to find entry-level jobs in the world of business, finance and government. The program also serves as a rigorous preparation for graduate study in business administration, and other fields.

The Bachelor of Science degree may be obtained at the Beirut and Byblos campuses in Accounting, Banking and Finance, Economics, Family and Entrepreneurial Business Management, Hospitality Management, International Business, Management, Management Information Systems, and Marketing.

Major Learning Outcomes

Graduates in the Bachelor of Science in Business Studies will be able to:

  1. Work with their peers to solve relatively complex business problems, using the appropriate technologies and decision-making tools, within their respective areas of concentration, and communicate their decisions both written and orally.
  2. Possess an understanding of their ethical and social responsibilities in the global marketplace.
  3. Have an understanding of the global impact of economic conditions and cultural dimensions on their respective areas of concentration.

Core Requirements: 30 credits

Number Course Cr
ACC201 Principles of Accounting I3
ACC202 Principles of Accounting II3
BUS203 Business Law3
ECO201 Microeconomics3
ECO202 Macroeconomics3
FIN301 Managerial Finance3
MGT201 Introduction to Management3
MIS211 Management Information Systems I3
MKT201 Introduction to Marketing3
STA201 Business Statistics3

Accounting

A total of 51 credits are needed (30 credits for the core, and 21 credits for the emphasis), other than the General University Requirements, to provide students with the skills and knowledge in accounting within a business management context. This area of interest also grounds students in the decision-making process, and prepares them for graduate studies, leading to the Master of Business Administration (M.B.A.) degree, the Master of Science (M.S.) degree, or careers in entry-level position in accounting.

Required (15 credits)

Number Course Cr
ACC301 Intermediate Accounting3
ACC302 Cost Accounting3
ACC401 Advanced Accounting3
ACC411 Auditing3
ACC499 Senior Study—Accounting3

Any two of the following Business Electives (6 credits):

Number Course Cr
ACC304 Contemporary Issues in Accounting3
ACC310 Accounting Information Systems3
ACC415 Tax Accounting 3
ACC421 International Accounting 3
ACC430 Accounting Internship3
BUS301 Intermediate Business Statistics3
ECO301 Managerial Economics3
MGT301 Organizational Behavior3
MIS212 Management Information Systems II3

Banking and Finance

A total of 51 credits are needed in the major (30 credits for the core, and 21 credits for the emphasis) to graduate. This area of emphasis prepares students for the management of private and public institutions’ financial structures. It helps them develop skills in the field of financial analysis, as well as managerial skills in the money and commodities’ markets. It prepares qualified personnel and potential executives for Lebanon’s banking sector and the financial service industry.

Required (15 credits)

Number Course Cr
ECO321 Monetary Theory and Policy3
FIN302 Financial Institutions and Markets3
FIN311 Banking Operations3
FIN411 Security Analysis and Portfolio Management3
FIN499 Senior Study – Finance3

Any two of the following Business Electives (6 credits):

Number Course Cr
BUS301 Intermediate Business Statistics3
BUS311 Research Methods3
ECO401 International Economics3
ECO422 Public Finance and Fiscal Policy3
FIN321 Introduction to Insurance3
FIN401 Senior Seminar in Finance3
FIN412 Credit Analysis3
FIN421 Financial Derivatives3
IBS321 Global Financial Management3
MIS212 Management Information Systems II3

Economics

Students need 51 credits in the major (30 credits for the core and 21 credits for the emphasis) to graduate. This area of emphasis gives the students a good foundation in theoretical and applied economics. Students are prepared to work in both private and public-sector jobs immediately after graduation.

Required (15 credits)

Number Course Cr
ECO301 Managerial Economics3
ECO321 Monetary Theory and Policy3
ECO422 Public Finance and Fiscal Policy3
ECO401 International Economics3
ECO499 Senior Study – Economics3

Any two of the following Business Electives (6 credits):

Number Course Cr
BUS301 Intermediate Business Statistics3
BUS311 Research Methods3
ECO306 Intermediate Macroeconomics3
ECO311 Economic Development3
ECO402 Advance Topics in Economics3
ECO410 International Economics3
FIN302 Financial Institutions and Markets3
MGT441 Human Resource Development3
MIS212 Management Information Systems II3

Family and Entrepreneurial Business Management

Students need 51 credits in the major (30 credits for the core and 21 credits for the emphasis) to graduate. This area of emphasis caters to students who belong to families already in business and who wish to preserve its continuity, maintaining the family’s wealth from generation to generation. The emphasis is also intended for students who wish to start their own businesses, as it encourages entrepreneurship and the building of solid guidelines for future business start-ups.

The courses in this emphasis are designed in such a way that they address the complex workings and challenges of family-owned and family-run businesses. Students will not only get working knowledge of the tools and concepts involved, but they will also develop action plans for their family businesses, manage growth opportunities, and acquire frameworks, analytical skills, techniques, and decision-making tools that can be used in the growing entrepreneurial businesses. Coursework in this area will begin as soon as it is feasible.

Required (15 credits)

Number Course Cr
FEB301 Entrepreneurial and Small Business Management3
FEB304 Family Business Management3
FEB311 Small Business Start-up Lab3
FEB321 Venture Growth Strategies for Entrepreneurs3
MGT499 Senior Study – Management3

Any two of the following Business Electives (6 credits):

Number Course Cr
ACC302 Cost Accounting 3
BUS301 Intermediate Business Statistics 3
FEB488 Topics in Family & Entrepreneurial Business 3
IBS488 Topics in International Business 3
MGT301 Organizational behavior3
MGT441 Human Resource Development3
MKT421 Marketing Research3

Hospitality Management

A total of 51 credits are needed in the major (30 credits for the core and 24 credits for the emphasis) to graduate. After graduation, students are prepared to work in hotels, restaurants, catering, theme parks, casino management, food processing, and travel and tourism-related industries.

Required (24 credits)

Number Course Cr
HOM201 Introduction to RHI3
HOM204 Restaurant Management3
HOM302 Hospitality Purchasing3
HOM304 Hotel Operations3
HOM306 Quantity Food Production/Catering3
HOM308 Cost Control in RHI3
HOM311 Organization and Administration in RHI3
HOM499 Senior Study – Internship in RHI3

International Business

Students need 51 credits in the major (30 credits for the core and 21 credits for the emphasis) to graduate. This area of emphasis provides a global perspective on management, finance, marketing, international affairs, and economics, while providing students with a firm foundation in the fundamentals of the business curriculum. The field aims at preparing students for work in the global marketplace as business professionals who can understand and exploit the dynamics of global business and finance.

Required (18 credits)

Number Course Cr
ECO401 International Economics3
FIN302 Financial Institutions and Markets3
IBS311 Managing the Multinational Corporation3
IBS321 Global Financial Management3
IBS499 Senior Study/Internship3
MKT311 International Marketing3

Any of the following Business Electives (3 credits):

Number Course Cr
BUS301 Intermediate Business Statistics 3
BUS311 Research Methods3
ECO311 Economic Development3
FEB488 Topics in Family & Entrepreneurial Business3
HOM321 Tourism Economic and Cultural Impact3
IBS488 Topics in International Business 3
POL313 Concepts of International Relations3

Management

Students need 51 credits in the major (30 credits for the core, and 21 credits for the emphasis) to graduate. This area of emphasis helps students develop skills on how to manage people, material, equipment, information, and other resources used in the production of goods and services. It helps the students to understand the decision-making process in firms, and it develops in them an orderly and systematic way of thinking. It also prepares them for graduate work or for supervisory positions in areas such as: purchasing, inventory control, operations scheduling, operations cost control, etc.

Required (15 credits)

Number Course Cr
ECO301 Managerial Economics 3
MGT301 Organizational Behavior3
MGT420 Strategic Planning and Policy Formulation3
MGT441 Human Resources Development3
MGT499 Senior Study – Management3

Any two of the following Business Electives (6 credits):

Number Course Cr
ACC302 Cost Accounting3
BUS301 Intermediate Business Statistics3
BUS311 Research Methods in Business3
FEB301 Entrepreneurship and Small Business Management3
FEB488 Topics in Family & Entrepreneurial Business 3
FIN302 Financial Institutions and Markets3
HOM204 Restaurant Management3
HOM304 Hotel Operations3
IBS311 Managing the Multinational Corporation3
IBS488 Topics in International Business 3
MGT401 Project Management3
MGT450 Special Topics in Management3
MIS212 Management Information Systems II3

Management Information Systems

Students need 51 credits in the major (30 credits for the core, and 21 credits for the emphasis) to graduate. This area of emphasis offers a curriculum focused on practical and applied courses, enabling students to enter the workforce directly. It emphasizes breadth, skills, problem-solving techniques, and basic knowledge. It helps students choose from a variety of career opportunities and prepares them for graduate studies in business and related fields.

Required (15 credits)

Number Course Cr
CSC242 Introduction to Computer Programming I 3
CSC331 Business Data Communication3
CSC372 Database Analysis, Design & Management 3
MIS212 Management Information Systems II 3
MIS499 Senior Study – MIS 3

Any two of the following Business Electives (6 credits):

Number Course Cr
CSC332 Web Design & Development3
CSC392 Information Systems Analysis & Design3
CSC298 Special Topics3
FEB488 Topics in Family & Entrepreneurial Business3
IBS488 Topics in International Business 3
MIS350 Technology Management3
MIS410 Enterprise Wide Business Performance Model3
MIS488 Special Topics in E-Business3

Marketing

Students need 51 credits in the major (30 credits for the core and 21 credits for the emphasis) to graduate. This area of emphasis acquaints students with a full range of skills and knowledge in business management, with a focus on marketing. It instills in students an awareness of the problems of visual design in the world of business and industry. It makes them understand the activities involved in transferring goods and services from producers to consumers, and prepares them for graduate studies, as well as careers in: sales, advertising, public relations, product management, wholesaling, retailing and market research.

Required (15 credits)

Number Course Cr
MKT301 Promotion Management and Marketing Communication3
MKT304 Consumer Behavior3
MKT311 International Marketing3
MKT421 Marketing Research3
MKT499 Senior Study – Marketing3

Any two of the following Business Electives (6 credits):

Number Course Cr
ACC302 Cost Accounting3
BUS301 Intermediate Business Statistics3
BUS311 Research Methods3
FEB488 Topics in Family & Entrepreneurial Business3
HOM302 Hospitality Purchasing3
IBS311 Managing the Multinational Corporation3
IBS488 Topics in International Business 3
MGT301 Organizational Behavior3
MIS212 Management Information Systems II3
MKT488 Topics in Marketing3

Official Lebanese American University website. Copyright 1997–2012 LAU, Lebanon.
Tel: Beirut: +961 1 786456. Byblos: +961 9 547254. New York Office: (212) 870-2592 | Feedback