Program: Business Administration
Do you have aspirations to become a business major and transfer to your dream college or university? You’re certainly not alone. According to the National Center for Education Statistics, business is the most popular bachelor’s degree, accounting for nearly 20% of all undergraduate majors. Additionally, business is all around us, from the small coffee shop you frequent before your classes to the major corporations. If you want to learn more about business, whether you have an idea that you want to create into a business but don’t know where to start or whether you want to move quickly toward earning a bachelor’s degree at a CSU, starting with an Associate of Science – Transfer degree would be the right move to begin to understand the theories and applications of Business.
Since this is a transfer-oriented degree, the business aspects of this degree are focused on Accounting, Economics, Law, and General Business.
- Learn the fundamentals of core business functions at LBCC, to help prepare you for transfer.
- Take advantage of Internship opportunities available for Business majors.
- Earn Business Certificates while earning your Transfer Degree.
Degrees & Certificates
Explore the degrees and certificates offered by the Business Administration program.
Associate in Science in Business Administration for Transfer (AS-T)
Plan Code: 5502B/C – The Associate Degree for Transfer in Business Administration offers a variety of business and general education courses. Students who complete this degree will receive priority admission with junior status into the CSU system.
PROGRAM STUDENT LEARNING OUTCOMES
- Comprehend the primary elements of the language and theories of the business environment and demonstrate an understanding of basic mathematics and technology fundamentals.
- Use creative and critical-thinking strategies in the solution of complex business situations through the application of business, mathematical, and technological skills.
- Develop communication and teamwork skills for the purpose of ensuring future personal and professional success.
Certificate of Accomplishment, Money & Banking
Plan Code 4144 – The Money & Banking Certificate of Accomplishment will prepare a student to continue toward the attainment of an Associate Degree and/or for an entry-level position in a small/medium-sized business in a financial or banking industry, and in functions such as accounting and budget planning.
View courses offered in different semesters to assist in academic planning.
Macro Economics Honors
Micro Economics Honors
Course reflections are written by LBCC faculty to provide students with insight into our Business classes.
GBUS 5 – INTRODUCTION TO BUSINESS
Are you unsure about choosing a major? Are you unsure about what concentration to choose within the Business major? Take this course first, because you will get a detailed view of all the primary functions of the business environment and how they should dovetail with each other to build business success. Accounting? General Business? International Business? Management? Marketing? What you learn from this course will help you to decide whether or not to choose business as a major or, if you have already chosen business as a major, what concentration you should pursue.
And even if you just want to learn more about the business world in order to understand what’s happening all around you, this is the best place to start.
ACCTG 1A – PRINCIPLES OF ACCOUNTING I
This is a fast-paced, directly transferrable course that will introduce you to financial accounting. During the first five weeks, you will learn the bookkeeping skills necessary to record basic business transactions and prepare three of the four financial statements (balance sheet, statement of income, statement of retained earnings) that are required for companies reporting under generally accepted accounting principles (GAAP). In the following weeks, we study accounts in detail and understand more complex transactions and journal entries. Throughout the course, we gain a better knowledge of financial statements. The last chapter of the course covers the statement of cash flows, which is often considered to be one of the most important of the financial statements.
The course objectives are as follows:
- For students to understand the course material presented in the textbook.
- To prepare students for upper-division courses in financial accounting.
- To challenge students to use basic principles to solve complex transactions.
- To relate the textbook and new student knowledge to current business practices.
Some students who become interested in the material will find themselves considering a major and career in accounting.
ACCTG 1B – PRINCIPLES OF ACCOUNTING II
Financial Accounting (ACCTG1A) taught us the mechanics of accounting, such as how to analyze transactions and enter the information into the accounting system, using debits, credits and journal entries. We also learned how to prepare and understand financial statements.
In Managerial Accounting (ACCTG1B) we will become managers of a manufacturing company, responsible for making key financial decisions such as:
- How does the company determine a product’s cost?
- What products should the company sell?
- What price should the company set for the product?
- What financial measures should be used to evaluate different divisions?
- Should the company discontinue an under-performing product?
- Should we consider more than financial results when making these decisions?
We will also evaluate financial statement information to gain a better understanding of the company’s financial performance and learn methods to improve results, while also learning how to prepare budgets and use the budgeted information to create production standards. Our next step will be to learn how to compare the standards to actual results and create a difference called a variance (very common). We will then use our understanding of the variance details to make recommendations that will influence the operations and direction of the company.
ECON 1 – MACRO ECONOMIC ANALYSIS
Macroeconomics explores the “big picture” in economics. We look at economy-wide phenomena like Gross Domestic Product, (“GDP”), (the value of all goods/services produced in the United States in one year). We study unemployment, inflation, monetary and fiscal policy. We delve deeper into the meaning of these terms that are often reported on the news and used as data points to determine the current state of the economy. We study how the government can intervene to stimulate economic growth or to slow economic growth/inflation in the economy by using fiscal policy (government spending and taxation).
We also look at the monetary tools of the Federal Reserve (“The Fed”). The Fed controls the money supply, which has a direct effect on interest rates across the economy. Finally, we study global economics examining trade between countries and the financial mechanisms that impact global trade. This course should be taken by students (and voters) of all disciplines as it provides insight into how economic data is used to formulate government policies to change economic outcomes.
ECON 2 – MICRO ECONOMIC ANALYSIS
In Micro Economic Analysis, we will study decision-making by individuals, firms and the government. Microeconomics is about how we make choices under conditions of scarcity. We explore how prices and quantities are determined in markets using the theory of supply and demand. Next, we apply the supply and demand model to evaluate how different situations can affect markets. For example, we look at how taxes affect prices and quantities in markets or how price controls (prices set by government) may distort outcomes in markets resulting in less efficiency. We also analyze what happens when markets fail to produce the best possible outcome for society, such as when firms have too much market power and can influence market prices, known as a monopoly.
When a firm has monopoly power it controls the entire market and can set prices. We also examine issues when costs to society are not considered in the market process that may result in externalities. We also look at the labor market and study how wages are determined, as well as, factors that cause wages to differ in various labor markets. Lastly, we study income inequality and how the government uses the income tax structure (tax brackets) to create more fairness in the economy. This class is important for all students interested in understanding market decisions, market efficiency, and how economists study what is best for society.
LAW 18A – BUSINESS LAW
Law is of interest to all persons, not just lawyers. Those entering the world of business will find themselves subject to numerous laws and government regulations. A basic knowledge of these laws and regulations is beneficial—if not essential—to anyone contemplating a successful career in the business world of today.
In an effort to ensure students a fundamental knowledge of the tenets of business law, this course has been segmented into five different learning units. The first unit offers students an introduction to the nature of law, the types of courts and court procedures. The second unit explores business torts as well as product and strict liability. The third unit emphasizes the nature and classification of contracts, specifically exploring the creation, termination and remedies of contract law. The fourth unit explores the law of sales and leases and internet law. The fifth and final unit of instruction offers students an understanding of the different types of negotiable instruments, the parties, the methods of transfer, and the rights of holders and defenses to these instruments.
Do the Department of Business Administration & Economics faculty have real-world business experience?
Yes, nearly every member of our faculty has a strong professional background in their concentration.
How long does it take to complete the program?
Depending on the number of units you take and whether you are a full-time or part-time student, completing a certificate program can take as little as one semester and completing an associate degree program can take about two years.
Make a 30-minute appointment with an academic counselor to receive services in educational plans, transcript evaluation, and career planning.
How much does the program cost?
Please visit Financial Aid for tuition cost and Federal Work Study information.
Who are the Career & Technical Education (CTE) counselors?
|Career & Technical Education||Alicia Andujo||LAC|
|Career & Technical Education||Lorraine Blouin||LAC|
|Career & Technical Education||Laura Garcia||LAC|
|Career & Technical Education||Diana Ogimachi||LAC|
|Career & Technical Education||Robert Olmos||PCC|
|Career & Technical Education||Tom To||PCC|
Please visit the Counseling Office for Academic Counseling, Career Exploration, Educational Planning, College Transfer, Student Resources, and many others to help you achieve your educational goals.
What is the difference between a transfer degree (AA-T/AS-T) and a traditional AA/AS degree?
- The traditional AA-Business degree has been designed for those who are in pursuit of an Associate degree with a stronger and more immediate career focus, such as securing a job opportunity or a job promotion. Since most of the courses on this degree are transferable to a baccalaureate granting institution, you will still have the opportunity to complete your bachelors degree when the time is more appropriate. This degree offers 5 distinct career paths – accounting, general business, international business, management and marketing.
- The CSU transfer degree has been developed as a fast-track degree for transfer into the CSU system. The course requirements for the transfer degree have been developed as a collaborative effort by Community College and CSU faculty and this degree will help you to create a clear path from LBCC to a CSU campus, once you have met the stated requirements, which can be found in the Curriculum Guide section. We offer both an AS-T in Business Administration and an AA-T in Economics.
What is the difference between a certificate of achievement and a certificate of accomplishment?
- Completion of a Certificate of Achievement can be an end in itself or can, after completing the necessary GE requirements, lead to the attainment of one of our Associate degrees.
- The Certificates of Accomplishment are lower unit certifications (usually 9-12 units) which are tied to a specific skillset and are generally used as stepping stones on the path to obtain a Certificate of Achievement and eventually to an Associate degree. They can also be instrumental in career advancement.
How do I receive my degree or certificate after I finish the coursework?
You will need to complete an application for your degree or certificate and submit that application to the LBCC Admissions & Records office. Visit Admissions & Records for more details.
How to transfer and lookup comparable listings.
To help determine if courses taken at other schools are comparable to Long Beach City College courses, please visit LBCC Transfer Evaluation System (TES).
For more transfer information, please visit LBCC Transfer Center.