9 courses required
The business-fundamental courses provide the foundation for understanding how organizations function and serve as gateways to upper-level business electives. Your pathway through these courses should be based on your academic strengths and interests. Business Fundamentals: Alternative Pathways provides ample pathways through the business fundamentals that can strategically prepare you for certain concentrations and academic pursuits.
Accounting (ACCT) 101 & 102: Principles of Accounting
These courses in financial and managerial accounting provide a broad understanding of how an organization reports on its financial position and the decisions leaders must make when creating financial reports. Accounting courses are open to students beginning in the sophomore year.
Statistics (STAT) 101 & 102: Introductory Business Statistics
Two semesters of statistics are required after completion of MATH 104. First-year students who have completed MATH 104 may enroll in STAT 101. Students who have AP credit or a waiver for STAT 111 may enroll in STAT 102 upon completion of MATH 104.
STAT 430 and 431 or ESE 301 and 302 (offered through the School of Engineering and Applied Science) may also be used to fulfill the statistics requirement and are usually taken by students who:
- Have completed MATH 114,
- Have a strong interest in mathematics,
- Are concentrating in actuarial science or statistics, and/or
- Are enrolled in a dual-degree program with the School of Engineering and Applied Science.
Students cannot obtain credit for both STAT 101 and STAT 111. Transfer students who have already taken STAT 111 must take a higher-level statistics elective to count toward the STAT 101 requirement. For students concentrating in statistics, this higher-level elective may not count towards the concentration.
Finance (FNCE) 100: Corporate Finance
FNCE 100 introduces the theory and methods that are relevant for financial decisions made by firms. This course has prerequisites and is only open to students beginning in the sophomore year.
Finance (FNCE) 101: Monetary Economics & the Global Economy
FNCE 101 is an intermediate-level course about macroeconomics and the global economy. This course has prerequisites and is only open to students beginning in the sophomore year.
Students cannot obtain credit for both FNCE 101 and ECON 102. Students who have already taken ECON 102 must take a higher-level finance elective to count toward the FNCE 101 requirement. For students concentrating in finance, this higher-level elective may not count towards the finance concentration.
Management (MGMT) 101: Introduction to Management
This course addresses contemporary management challenges stemming from changing organizational structures, complex environmental conditions, new technological developments, and increasingly diverse workforces. The course examines the issues involved in managing and being managed.
Marketing (MKTG) 101: Introduction to Marketing
MKTG 101 introduces students to the concepts, analysis, and activities that comprise marketing management and provides practice in assessing and solving marketing problems.
OPIM 101: Introduction to Operations and Information Management
OPIM 101 explores a variety of common quantitative modeling problems that arise frequently in business settings, and discusses how they can be formally modeled and solved with a combination of business insight and computer-based tools. The key topics covered include capacity management, service operations, inventory control, structured decision making, constrained optimization, and simulation. This course teaches how to model complex business situations and how to master tools to improve business performance. The goal is to provide a set of foundational skills useful for future coursework at Wharton as well as providing an overview of problems and techniques that characterize disciplines that comprise operations and information management.
OPIM 101 is typically taken by freshmen in the spring semester.
Note: All Business Fundamental courses must be taken for a grade, not pass/fail.