All undergraduate students are required to complete the Core Curriculum (see above) and comply with departmental requirements. Business majors (from the Williams College of Business) are also required to complete the Business Core, which consists of courses in Accounting, Business Law, Economics, Finance, Human Resources, Information Systems, Management, Marketing, and Statistics (the Business Core occupies 35 credit hours). Business majors, therefore, are only required to take 18–21 hours in their chosen field (providing many students with an incentive to declare a second major within the Williams College of Business). Students in the other colleges (the College of Social Sciences and the College of Arts and Sciences) generally have to complete at least 60 credit hours of courses within the major and electives within the College. To graduate with a B. A. or B. S. degree, 120 credit hours must be obtained, and all students must achieve a 2. 0 GPA minimum in their major course of study. Most scholarships require a GPA of 3. 0 or higher. Transfer scholarships are awarded based on GPA from previous university attended.