Two of the following three courses fulfills the Societal Environment requirement:

Legal Studies 101: Introduction to Law and
Legal Process

This course provides an overall introduction to the American legal system.  Any leader of an organization that does business in the United States must understand this legal environment to conduct business successfully.

Legal Studies 210: Corporate Responsibility
and Ethics

Every member of a business organization is faced with making ethical decisions.  This course provides a structure for thinking through problems and developing appropriate responses when ethical challenges arise.

Business and Public Policy 203:  Business in the Global Political Environment

Organizations around the world must deal not only with their clients, customers and shareholders, but also with the communities in which they are located and with the governments of the entities in which they are housed.  This course discusses how firms respond to various regulatory and political forces in the external environment.

One of the following two courses fulfills the Organizational Environment requirement:

Management 104:  Industrial Relations and Human Resource Management

One of the most important managerial tasks is developing rewarding and productive relationships with co-workers and employees.  This course teaches students how to approach issues in the management of human resources at all levels of an organization.

Insurance 205:  Risk Management

All firms must cope with risks:  financial risks, risks associated with destruction of property, and risks associated with variability in human behavior.  This course discusses the risks companies face and how they can best plan to minimize the negative effects of various kinds of risks.

Business Breadth  (3 courses)

This three-course requirement is designed to give Wharton students a broad sampling of various business fields beyond the fundamental core and business depth courses. Any non-core Wharton course meets the requirement. However, students may not take more than one course from any department, any course from the department in which the student is taking his or her first or only concentration, or more than one course from the department in which the student

Business Depth – Concentration  (4 courses)

All students in the Wharton undergraduate program major in business, but each selects an area of concentration. Students usually begin their business concentration in the junior year. The Wharton concentration consists of four courses above the introductory level, which provide the opportunity to explore one area of business more thoroughly. For details on the specific requirements, see the Concentrations section below.

General Education Distribution  (7 courses)

One of the main objectives of the Wharton undergraduate program is to combine the study of business with the study of the arts and sciences.  To ensure that students gain broad exposure to liberal arts courses, these subject areas have been divided into three general categories:  Social Structures; Language, Arts and Culture; and Science and Technology.  A total of seven courses are necessary to fulfill this requirement, with at least two in each category but three in one.

These courses may be taken pass/fail if they do not apply to a minor, a degree in another school at Penn or are used to fulfill the global environment requirement.

Global Environment  (3 courses)

Wharton undergraduates are required to take a total of three courses to fulfill the Global Environment requirement.  The requirement is fulfilled by selecting three courses taught with substantial international content.  Two of these courses may double-count with the General Education Distribution courses.

Unrestricted Electives  (3 courses)

Any three course units fulfill the Unrestricted Electives. Students pursuing a second concentration must apply three of those courses here.  Unrestricted Electives may be taken pass/fail unless they are being used towards a second concentration.

Non-business Electives  (2 courses)

The Non-business Electives category requires two courses that are not from a Wharton department.  This requirement has been included in the curriculum to ensure that students take the opportunity to explore non-business subject matter beyond the seven required to fulfill the General Education Distribution requirement.  These courses may be taken pass/fail if they do not apply to a minor or dual degree.