Business minor at Ross - how hard is it to get in?

I understand getting into Business major at Ross is competitive and has ~30-40% acceptance rate.

How competitive is it to get into Business minor? Can you apply for both (major and minor) at the same time after freshman year? Can you do a Business minor if you are in LSA Honors program (Econ or Stats major)?

The business minor is too new to know much about it, but because of how small it is, it would not be unreasonable for it to actually be more competitive for admission than the major.