Q: What is The Business Minor Summer Institute?
A: Tulane's Business Minor Summer Institute (BMSI) is an accelerated, 10-week program that provides undergraduates with the fundamentals of business and the skills necessary to shine in the corporate world. Featuring courses taught by some of Freeman's most sought-after and distinguished faculty members, the BMSI allows students with little or no prior business coursework to earn 22.5 academic credits and a business minor in just one summer.
Q: When and where will the Business Minor Summer Institute be held?
A: The Business Minor Summer Institute takes place in New Orleans on Tulane's uptown campus in Goldring-Woldenberg Halls I & II. The program is broken down into two, 5-week sessions: Monday, May 15 through Sunday, June 18 and Monday, June 26 through Sunday, July 30. Both summer sessions are required. Classes are scheduled Monday through Thursday, 8:30am to 4:30pm, with an hour lunch break starting at noon. Students will receive advanced warning by any professor who needs to reschedule or make up class time.
Q: Is the program open to students from schools other than Tulane?
A: No. The Business Minor Summer Institute is currently open to Newcomb-Tulane College undergraduates and graduates only.
Q: Is the business minor program available to Tulane graduates, as well? I earned my degree in May and was wondering whether this would be an option for me.
A: Yes. The program welcomes Tulane graduates and undergraduates alike.
Q: What will I gain from participating in the Business Minor Summer Institute?
A: The Business Minor Summer Institute offers participants the unique opportunity to earn 22.5 academic credits towards a Tulane undergraduate degree while exploring a fresh curriculum, practicing real-world, hands-on business skills, and strengthening marketability. Further, with a minor in business from Tulane's Freeman School, students gain the competitive edge that today's employers seek.
Ultimately, students participate in the minor program for a variety of different reasons. The following is just a glimpse of why several previous participants decided to enroll:
- To diversify his/her academic portfolio
- Resume enhancement
- To have the flexibility to excel in any professional environment
- Additional training for a career path in something such as finance or accounting
- To improve interpersonal skills and gain confidence
- To complement one part of academic training with another that provides both practical and theoretical knowledge
- To have an advantage when applying to grad school
- Networking opportunities
- To earn his/her undergraduate degree one semester early
Q: Can you describe the curriculum?
A: Eight courses allow students to gain a solid foundation of business fundamentals from Freeman's finest professors. Courses include Financial Accounting, Managerial Accounting, Management Communications, Organization Behavior, Business Computing, Legal Studies, Marketing, and one finance-driven course (students opt to take either Financial Management or Personal Finance). In addition to individual coursework, students will have group assignments including oral presentations and papers.
Q: How is the program organized?
A: The program is broken down into two, 5-week sessions, separated by a one-week break. Classes take place Monday through Thursday, 8:30am to 4:30pm, with a one-hour lunch break at noon. Both summer sessions are required. Additional activities include networking opportunities, guest speakers, and professional development workshops.
Q: Can I complete the business minor over two summers?
A: No. It is important that the integrity of the minor remains constant, and that the curriculum is completed in one summer.
Q: I am not very math savvy. Will this be an issue for me?
A: Since the start of the Business Minor Summer Institute five years ago, no student has argued that the program favors one academic area over another. While the program strives to cover the wide array of business fundamentals, including accounting, finance, and economics, the required courses stem from Freeman's business core and do not require advanced skills of any nature.
Q: Does the program have a final exam period similar to the regular school terms?
A: Yes. Session 1 exams are scheduled to take place Friday, June 16 & Sunday, June 18. Session 2 finals are tentatively scheduled for Friday, July 28 & Sunday, July 30.
Q: Who teaches in the Business Minor Summer Institute?
A: The Business Minor Summer Institute courses are taught by a variety of distinguished Freeman faculty members, most of whom are from the undergraduate business program. Faculty members are available to the students throughout the entire program to serve as mentors and help lay a foundation for a career in business. See our Faculty page for more.
Q: Do I receive grades in the courses I take? Are they calculated into my cumulative GPA?
A: Yes and yes. Students majoring outside of the business school receive 22.5 elective credits and grades are calculated into the undergraduate's cumulative Newcomb-Tulane GPA. BSM students who participate in the summer minor program receive credit accordingly, depending on each individual's progress and specific major within the business school.
Q: Will there be homework or outside reading?
A: Yes. The Business Minor Summer Institute courses are based on the curriculum taught during the regular academic year (2,100 minutes per 3-credit course). Participants of the program are expected to complete similar assignments and are tested to ensure that at the end of the program the student has a solid grasp on the fundamentals of business.
Q: How will the Business Minor Summer Institute strengthen my resume?
A: Participants will be better able to present themselves to employers as well-rounded, experienced candidates ready to and able to contribute to a company.
Q: I am majoring in X, should I enroll in this program?
A: Yes! Students and graduates from all majors (Liberal Arts, Science and Engineering, Architecture, etc.) are encouraged to participate in the minor program.
Q: I am a sophomore who just switched from Liberal Arts to Business. Is this program a good way to catch up?
A: Yes. SIX of the eight courses (18 credits) required in the business minor program are also BSM core requirements. The BMSI is a GREAT way to catch up or, likewise, to get ahead.
Q: If I decide to switch majors and pursue a degree in business after the summer minor program, will the BMSI courses count?
A: Yes. Of the eight BMSI courses offered, six are core business requirements for all Freeman students. These courses include ACCN 2010 and 3010, MGMT 3010, LGST 3010, MCOM 3010, and FINE 3010 (optional). The final course, INFO 1010, ultimately would satisfy 1.5 of the 12 required business elective credits.
Q: I am a current BSM student and have already taken one of the BMSI required courses. May I still enroll and, if so, how does that work?
A: Yes. The program equally welcomes BSM candidates and several past participants have enrolled with as many as three courses already satisfied. In such instances, a $1,000 discount is applied. NOTE: $1,000 is the max discount a student can receive. Tuition is never less than $14,000.*
Q: I am a business major and have already taken one of the courses you are offering. May I substitute it for another class?
A: If a BSM student has already taken a BMSI course and another business class is being taught and offered to business majors during the same time, the student may enroll in the alternative as long as all the prerequisites have been met.
Q: Am I able to take additional courses outside of the minor program?
A: Yes, however most BMSI participants opt against this. The Business Minor Summer Institute is an intense and demanding program that operates four days a week, 8:30am to 4:30pm. In addition, evenings may be consumed with group meetings or exam reviews. Adding additional courses to the business minor workload is not encouraged or recommended.
Q: Who will be in class with me?
A: Students and graduates from all majors (Liberal Arts, Science and Engineering, Continuing Studies, etc.) are encouraged to participate in the minor program.
Q: Where will I live while attending the program?
A: Another noteworthy perk of Tulane's Business Minor Summer Institute is that on-campus housing is included in the $16,000 tuition. Students reside in single-occupancy, neighboring rooms of Greenbaum Residential College, For more answers to frequently asked housing and residential life questions, click the Housing & Student Life link on the left-hand menu of the homepage.
Q: Is on-campus housing mandatory?
A: While housing is optional, participants are strongly encouraged to reside on campus, as this component has proven to expand the learning environment outside of the classroom and accelerate group discussions and networking. Further, the "dorm life" exposes students to different ideas, cultures, personalities and experiences, allowing students to become better-rounded, open-minded individuals.
Q: Where do participants eat during the program? Does tuition include a meal plan? Do my WaveBuck$ roll over for use during the summer.
A: While meal plans are not included in the cost of tuition, the program does cater three complimentary meals each week throughout the program. Wavebuck$ do not roll over for use. Specifically, Wavebuck$ and NOLAbuck$ expire at the end of the spring semester, typically mid-May. For more information on summer meal plans, click here.
Q: I have a disability. Will I be accommodated?
A: Absolutely. Tulane University is an equal opportunity, affirmative action university. The BMSI staff will work with you to meet your requests and ensure that your experience is rewarding. Students with a learning disability should contact Goldman Center for Student Accessibility, to coordinate testing accommodations. The center may be reached via telephone at 504-862-8433 or visit their website http://tulane.edu/studentaffairs/support/accessibility/index.cfm
Q: What is the dress code for the program? Will I need business professional clothing?
A: Dress is business casual during classes and meetings, but business attire will be required on occasion. You will be given a list of necessary items prior to arrival.
Q: Will I need a laptop or specific software?
A: The Freeman School requires all students to have a notebook computer. During the summer, you will have unlimited access to the computing resources required, and through hundreds of network connections throughout the buildings, you will have convenient access to the Freeman School's internal network, Tulane's shared systems, and the Internet.
Student notebook computers must meet the specifications as outlined by the Freeman School.
Basic requirements for all programs are:
- The Windows operating system
- Microsoft Office Professional 2010 or 2013 (for Windows)
- Internet Explorer
For more information, please visit Freeman's Information Technology and Media Services webpage at http://www.freeman.tulane.edu/lib-tech/default.php.
Q: How much does the program cost? What does my fee cover?
A: The total cost of tuition (exclusive of university and/or course fees) is $16,000. Tuition covers the cost of the eight required courses (22.5 credits), on-campus housing (Greenbaum Hall), summer membership to the Reily Center for Student Recreation, networking events, and all extracurricular events, including all associated costs and transportation. A discount of no more than $1,000 is available to students who have taken one or more of the required courses and/or opt to live off campus.
Q: Do you offer financial aid or payment plan options?
A: The Business Minor Summer Institute does not offer or accept financial aid of any kind, including Institutional Merit Scholarships and Full-Time Division Undergraduate Student Grants.
Q: When is tuition due?
A: Tuition charged on or before April 30, 2017, is due May 29, 2017 (applies to all program participants who enroll before May).
Q: How do I apply to the program?
A: There is no application process for students interested in earning a business minor from Freeman's summer institute; however, students must meet a minimum 2.000 cumulative GPA prior to the start of the program. Students must complete the Intent to Enroll form online at http://bmsi.tulane.edu/intent.php. A member of our staff will contact you shortly after the start of the spring semester.
Q: When does the program stop accepting Intent to Enroll forms?
A: While we encourage students to submit enrollment forms as soon as possible, preferably by April 15, the program accepts students up until the day before classes begin.
Q: Do you interview business minor applicants?
A: No. Interviews are not required for admission into the Business Minor Summer Institute; however, students must meet a minimum 2.000 cumulative GPA prior to the start of the program.
Q: Do I need to take the GMAT to attend the Business Minor Summer Institute?
A: No. GMAT scores are not required for admission to the Business Minor Summer Institute.
Q: Can I enroll if I am an international student?
A: Absolutely. The Business Minor Summer Institute welcomes international students from all majors.