Academics / Academic programs /
B.S. in Business
The Major equips students with the professional skills in: accounting, banking and finance, management information systems, economics, and 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, Man-agement Information Systems, Economics, Family and Entrepreneu-rial Business Management, Hospitality Management, International Business, Management, and Marketing.
Major Learning Outcomes
Graduates in the Bachelor of Science in Business Studies will be able to do the following:
- 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.
- Possess an understanding of their ethical, and social, respon-sibilities in the global marketplace.
- Have an understanding of the global impact of economic con-ditions, and cultural dimensions, on their respective areas of concentration.
Core Requirements: 30 credits.
| Number |
Course |
Cr |
| ACC201 | Principles of Accounting I | 3 |
| ACC202 | Principles of Accounting II | 3 |
| BUS203 | Business Law | 3 |
| ECO201 | Microeconomics | 3 |
| ECO202 | Macroeconomics | 3 |
| FIN301 | Managerial Finance | 3 |
| MGT201 | Introduction to Management | 3 |
| MIS211 | Management Information Systems I | 3 |
| MKT201 | Introduction to Marketing | 3 |
| STA201 | Business Statistics | 3 |
Accounting
A total of 51 credits are needed (30 credits for the Core, and 21 cred-its for the Emphasis), other than the General University Require-ments, to provide students with the skills and knowledge in account-ing 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 Ad-ministration (M.B.A.) Degree, the Master of Science (M.S.) De-gree, or careers in entry-level position in Accounting.
Required (15 Credits)
| Number |
Course |
Cr |
| ACC301 | Intermediate Accounting | 3 |
| ACC302 | Cost Accounting | 3 |
| ACC401 | Advanced Accounting | 3 |
| ACC411 | Auditing | 3 |
| ACC499 | Senior Study—Accounting | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| ACC304 | Contemporary Issues in Accounting | 3 |
| ACC310 | Accounting Information Systems | 3 |
| ACC415 | Tax Accounting | 3 |
| ACC421 | International Accounting | 3 |
| ACC430 | Accounting Internship | 3 |
| ECO301 | Managerial Economics | 3 |
| MGT301 | Organizational Behavior | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| MIS212 | Management Information Systems II | 3 |
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 Empha-sis 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 po-tential executives, for Lebanon’s Banking Sector, and the Financial Service Industry.
Required (15 Credits)
| Number |
Course |
Cr |
| ECO321 | Monetary Theory and Policy | 3 |
| FIN302 | Financial Institutions and Markets | 3 |
| FIN311 | Banking Operations | 3 |
| FIN411 | Security Analysis and Portfolio Management | 3 |
| FIN499 | Senior Study—Finance | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| BUS311 | Research Methods | 3 |
| ECO322 | Public Finance and Fiscal Policy | 3 |
| ECO401 | International Economics | 3 |
| FIN321 | Introduction to Insurance | 3 |
| FIN401 | Senior Seminar in Finance | 3 |
| FIN412 | Credit Analysis | 3 |
| FIN421 | Financial Derivatives | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| IBS321 | Global Financial Management | 3 |
| MIS212 | Management Information Systems II | 3 |
Economics
Required (15 Credits)
| Number |
Course |
Cr |
| ECO301 | Managerial Economics | 3 |
| ECO321 | Monetary Theory and Policy | 3 |
| ECO322 | Public Finance and Fiscal Policy | 3 |
| ECO401 | International Economics | 3 |
| ECO499 | Senior Study—Economics | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| MGT441 | Human Resource Development | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| FIN302 | Financial Institutions and Markets | 3 |
| BUS311 | Research Methods | 3 |
| ECO311 | Economic Development | 3 |
| ECO — | Any course in Economics | 3 |
| MIS212 | Management Information Systems II | 3 |
Family and Entrepreneurial Business Management
This area of Emphasis caters to students who belong to families al-ready in business, and who wish to preserve its continuity, maintain-ing 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 guide-lines 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. Course work in this area will begin as soon as it is feasible.
Required (15 Credits)
| Number |
Course |
Cr |
| FEB301 | Entrepreneurial and Small Business Management | 3 |
| FEB304 | Family Business Management | 3 |
| FEB311 | Small Business Start-up Lab | 3 |
| FEB321 | Venture Growth Strategies for Entrepreneurs | 3 |
| MGT499 | Management Senior Study | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| ACC302 | Cost Accounting | 3 |
| MGT301 | Organizational behavior | 3 |
| MGT441 | Human Resource Development | 3 |
| MKT421 | Marketing Research | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| IBS488 | Topics in International Business | 3 |
| FEB488 | Topics in Family & Entrepreneurial Business | 3 |
Hospitality Management
Required (15 Credits)
| Number |
Course |
Cr |
| HOM201 | Introduction to RHI | 3 |
| HOM204 | Restaurant Management | 3 |
| HOM302 | Hospitality Purchasing | 3 |
| HOM304 | Hotel Operations | 3 |
| HOM306 | Quantity Food Production/Catering | 3 |
| HOM308 | Cost Control in RHI | 3 |
| HOM311 | Organization and Administration in RHI | 3 |
| HOM499 | Senior Study—Internship in RHI | 3 |
International Business
The Emphasis in International Business at LAU provides a global perspective on management, finance, marketing, international af-fairs, 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 (15 Credits)
| Number |
Course |
Cr |
| IBS311 | Managing the Multinational Corporation | 3 |
| IBS321 | Global Financial Management | 3 |
| MKT311 | International Marketing | 3 |
| ECO401 | International Economics | 3 |
| FIN302 | Financial Institutions and Markets | 3 |
| IBS499 | Senior Study/Internship | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| BUS311 | Research Methods | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| ECO311 | Economic Development | 3 |
| POL313 | Concepts of International Relations | 3 |
| HOM321 | Tourism Economic and Cultural Impact | 3 |
| IBS488 | Topics in International Business | 3 |
| FEB488 | Topics in Family & Entrepreneurial Business | 3 |
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 deci-sion-making process in firms, and it develops, in them, an orderly and systematic way of thinking, and prepares them for graduate work, or for supervisory positions, in areas such as: purchasing, in-ventory control, operations scheduling, and operations cost control, etc...
Required (15 Credits)
| Number |
Course |
Cr |
| ECO301 | Managerial Economics | 3 |
| MGT301 | Organizational Behavior | 3 |
| MGT420 | Strategic Planning and Policy Formulation | 3 |
| MGT441 | Human Resources Development | 3 |
| MGT499 | Management Senior Study | 3 |
| Total credits | 15 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| ACC302 | Cost Accounting | 3 |
| MIS212 | Management Information Systems II | 3 |
| BUS311 | Research Methods in Business | 3 |
| FIN302 | Financial Institutions and Markets | 3 |
| HOM204 | Restaurant Management | 3 |
| HOM304 | Hotel Operations | 3 |
| MGT401 | Project Management | 3 |
| MGT450 | Special Topics in Management | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| IBS311 | Managing the Multinational Corporation | 3 |
| FEB301 | Entrepreneurship and Small Business Management | 3 |
| IBS488 | Topics in International Business | 3 |
| FEB488 | Topics in Family & Entrepreneurial Business | 3 |
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 of-fers 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 Communication | 3 |
| CSC372 | Database Analysis, Design & Management | 3 |
| MIS212 | Management Information Systems II | 3 |
| MIS499 | MIS Senior Study | 3 |
| Total credits | 15 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| CSC332 | Web Design & Development | 3 |
| CSC392 | Information Systems Analysis & Design | 3 |
| CSC298 | Special Topics | 3 |
| MIS350 | Technology Management | 3 |
| MIS410 | Enterprise Wide Business Performance Model | 3 |
| MIS488 | Special Topics in E-Business | 3 |
| IBS488 | Topics in International Business | 3 |
| FEB488 | Topics in Family & Entrepreneurial Business | 3 |
Marketing
Students need 51 credits in the major (30 credits for the core and 21 credits for the emphasis) to graduate. The major 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 Communication | 3 |
| MKT304 | Consumer Behavior | 3 |
| MKT311 | International Marketing | 3 |
| MKT421 | Marketing Research | 3 |
| MKT499 | Senior Study—Marketing | 3 |
Any two of the following Business Electives (6 credits):
| Number |
Course |
Cr |
| ACC302 | Cost Accounting | 3 |
| BUS311 | Research Methods | 3 |
| HOM302 | Hospitality Purchasing | 3 |
| MGT301 | Organizational Behavior | 3 |
| MKT488 | Topics in Marketing | 3 |
| BUS301 | Intermediate Business Statistics | 3 |
| IBS311 | Managing the Multinational Corporation | 3 |
| MIS212 | Management Information Systems II | 3 |
