Credit Guide for Business

The detailed requirements to complete the business major can be found on the program's website. Students who major in business can declare a concentration in accounting, management, or marketing, but are not required to do so. Students may also choose to have a second major or a minor from a different department, but students who major in business cannot major or minor in economics or finance. Popular minors for business majors include communication, entrepreneurship and innovation, a foreign language, history, international relations, legal studies, politics, public policy, and sociology. 

This document is a resource that offers guidance about appropriate preparation for a successful transition to Lake Forest College for those students intending to major in business. The first section describes the general requirements and framework for satisfying the major requirements in a timely manner. The second section specifically evaluates classes offered at several nearby community colleges and indicates which classes will count toward the department’s graduation requirements. Transfer advisors, Admissions, and the Registrar’s Office can use this guide to credit students for these classes and to acknowledge prerequisites for higher level classes being satisfied as indicated by the mapping. For courses not listed in the mapping, authorization by the Department Chair is required to count the class toward a major or minor requirement.

General Preparation for Transfer Students

Transfer students will need some prior preparation if they expect to graduate on time.  Ideally, students will have completed seven of the required courses for their major before the beginning of their junior year. Transfer students intending to major in business, however, must have at least four of the required classes completed before the start of their junior year in order to graduate in two years. Students with this level of preparation should be able to complete the major and participate in an internship, if desired. Internships are highly recommended, but are not required and do not replace courses required to complete the major. 

Students transferring to Lake Forest College who intend to major in business have usually taken at least four of the following classes: 

• Introduction to macroeconomics and introduction to microeconomics to satisfy ECON 110 Principles of Economics
• A statistics class to satisfy BUSN 130 Applied Statistics
• A math class to satisfy MATH 160 Math Methods with Applications or Math 110 Calculus
• A financial accounting class to satisfy BUSN 230 Financial Accounting
• An introductory marketing class to satisfy BUSN 225 Principles of Marketing
• An introductory management class to satisfy BUSN 245 Principles of Management
• A business ethics class to satisfy PHIL 203 Business Ethics

Community College Transfer Guide

College of DuPage County Transfer Guide

College of Lake County

Elgin Community College

Harper College

McHenry County College

Oakton College

Triton College