Bachelor of Science in Business and Psychology

The Bachelor of Science in Business and Psychology degree is an innovative STEM cross-disciplinary program that educates students in business and psychology and the interface between the two disciplines. The scope and sequence of psychology courses provide students with a foundation in the interdisciplinary science of psychology, including statistics and research, social psychology, developmental psychology, cognition, and personality. Business courses provide a foundation in economics, accounting, innovation, operations, marketing, strategic management and organizational behavior. Students completing this program should be able to understand the relationships between these two dynamic fields that pertain to explaining and addressing human behavior and business practices.

Stuart School of Business is a global leader in bridging technology and business, offering distinctive education that provides students with the knowledge and skillsets to become outstanding professionals.

Business and Psychology at Illinois Tech have a prestigious history that dates back to the late 1800s, with some of the nation’s first courses in “Family and Consumer Science” (including “Home Economics” and “Household Management”), and the subsequent formation of the university’s Department of Business and Economics in 1926. The Department Business and Economics ultimately grew into a separate school at Illinois Tech – the Stuart School of Business, with a gift from university alum and renowned financier Harold Leonard Stuart. Harold L. Stuart himself was a national leader in finance in the first half of the 20th century, and his Chicago investment bank played a pivotal role in establishing the city as a global hub for business.

Over a period of more than 125 years, harnessing curricular innovations and incredible scholarly works by trailblazing Illinois Tech scholars, including Herb A. Simon (author of Administrative Behavior, later awarded the Nobel Prize in Economics), Karl Menger (developer of the St. Petersburg paradox in economics) and Abe Sklar (developer of the Copula in financial and statistical modeling), the Stuart School of Business and the university's Department of Psychology at its Lewis College of Science and Letters have refined business and psychology education. A long-standing leader in curricular innovation, in 1990, building on the foundational works of numerous Illinois Tech scholars, and Harold L. Stuart’s own contributions to finance and the broader business community, the Stuart School of Business established quantitative finance as an academic discipline, with a world’s first postgraduate Master’s program in Financial Markets and Trading – a program that highlighted a new model for embedding into a postgraduate academic program the emphases on career readiness and connectedness with the business community, and transformed business education.

The Bachelor of Science in Business and Psychology brings together world-class faculty from the Lewis College of Science and Letters and the Stuart School of Business, offering students an incredible opportunity to complete a core set of courses in both disciplines, with expanded access to subject matter experts from both colleges. As with all Stuart majors, the program emphasizes co-curricular opportunities that place students on the path to self-actualization and career success. Leadership, entrepreneurship, experiential learning, positive societal impact, and connectedness to the business community, combined with a human-centered approach to student development, and an unyielding focus on student success, are core pillars of all Stuart programs. Stuart is accredited by the Association to Advance Collegiate Schools of Business (AACSB) – an accreditation achieved by fewer than 6% of business schools worldwide.

The Bachelor of Science in Business and Psychology builds on Stuart's and Lewis's prestige in business and the sciences, as well as a tradition of impactful undergraduate education that leads to career success for graduates. The innovative program, which offers students both business and behavioral perspectives that are particularly relevant to marketing and management, requires the successful completion of 126 credit hours.

Required Courses

Business Courses (42)
Required Courses
BUS 100Introduction to Business and Economics3
BUS 102Introduction to Business Analytics3
ECON 151Microeconomics3
ECON 152Macroeconomics3
BUS 211Financial Accounting3
BUS 212Managerial Accounting3
BUS 301Organizational Behavior3
BUS 305Operation and Supply Chain Analytics3
BUS 321Analytics for Optimization3
BUS 351Financial Analytics3
BUS 371Marketing Fundamentals3
BUS 480Strategic Management and Design Thinking3
Choose 2 elective courses from the following:6
The Business of Sports3
Strategic Cost Management3
Business Law3
Entrepreneurship 3
Introduction to Econometrics3
Intermediate Microeconomics3
Intermediate Macroeconomics3
Business Economics3
International Finance3
Investments3
Corporate Finance3
Financial Derivatives3
New Product Development3
Marketing Analytics3
Sales Management and Analytics3
Consumer Behavior3
Psychology Courses (28)
Required Psychology Courses
PSYC 204Research Methods in Behavioral Science4
PSYC 221Introduction to Psychological Science3
PSYC 301Industrial Psychology3
PSYC 303Introduction to Psychopathology3
PSYC 310Social Psychology3
PSYC 320Applied Correlation and Regression3
or PSYC 409 Psychological Testing
Psychology electives - choose 3 courses from the following:9
Introduction to Leadership: Concepts and Practices3
Any 300 level course or any 400 level Psychology course
Mathematics Requirement (7)
MATH 191Business Calculus3
or MATH 148 Preparation for Calculus
or MATH 151 Calculus I
PSYC 203Undergraduate Statistics for the Behavioral Sciences4
Computer Science Requirement (2)
CS 105Introduction to Computer Programming2
or CS 110 Computing Principles
Natural Science Requirements (10)
See Illinois Tech Core Curriculum, section D10
Recommended Courses: PSYC 411, PSYC 414
Interprofessional Projects (IPRO) (6)
See Illinois Tech Core Curriculum, section E6
Humanities and Social Science Requirements (31)
See Illinois Tech Core Curriculum, section B and C21
Free Electives10
Total Credit Hours126

Bachelor of Science in Business and Psychology Curriculum

Year 1
Semester 1Credit HoursSemester 2Credit Hours
BUS 1003BUS 1023
ECON 1513ECON 1523
Humanities Elective (200 Level)3PSYC 2213
Natural Science Elective 3Natural Science Elective3
MATH 1484CS 1102
 16 14
Year 2
Semester 1Credit HoursSemester 2Credit Hours
BUS 2113BUS 2123
BUS 3213BUS 3013
Natural Science Elective4BUS 3513
PSYC 2034PSYC 2044
PSYC 3013PSYC 3103
 Social Science Elective3
 17 19
Year 3
Semester 1Credit HoursSemester 2Credit Hours
BUS 3053PSYC 320 or 4093
BUS 3713Business Elective3
PSYC 3033PSYC Elective3
Humanities Elective (300+ Level)3Social Science Elective (300+ Level)3
Social Science Elective (300+ Level)3IPRO Elective I3
 15 15
Year 4
Semester 1Credit HoursSemester 2Credit Hours
Business Elective3BUS 4803
PSYC Elective3PSYC Elective3
Humanities Elective (300+ Level)3Humanities or Social Science Elective 3
Free Elective 3Free Elective3
IPRO Elective II3Free Elective3
 15 15
Total Credit Hours: 126