Bachelor of Science in Finance

MISSION OF FINANCE PROGRAM
The goal of the Finance Program is to prepare students for entry level positions in all areas of finance. The program accomplishes this by offering a broad range of course work, by emphasizing and developing critical skills in students, and by providing students with real work experiences via internships. The finance program offers dual tracks; a general finance track and an international finance track. The general finance track prepares students to excel in any business environment. The international finance track, in addition, provides students with a foundation in international aspects of finance. Designation of the international finance track is indicated on the student's transcript.

REQUIREMENTS FOR A MAJOR IN FINANCE
In addition to the general education requirements and the business core requirements, students that declare a major in finance during Fall 2003 or thereafter must take an additional 22-25 credit hours in finance and business courses. This includes 16 credit hours in finance core courses and 6-9 additional credit hours that depend upon the track selected. Core finance courses and additional courses required for the general finance track and the international finance track are listed below.

Finance Core Courses (16 credit hours)

Credit Hours

FIN 344

Security Analysis

3

FIN 345

Financial Markets and Institutions

3

FIN 422

Portfolio Management

3

FIN 443

Advanced Financial Management

3

FIN 446

International Financial Management

3

FIN 497

Finance Internship/Cooperation Education

1

General Finance Track Electives (6 credit hours):
Any two of the following:

FIN 423

Investment Banking

3

FIN 444

Bank Management

3

FIN 448

Cases in International Finance

3

ACCT331

Intermediate Accounting

3

ECON331

Money and Banking

3

International Finance Track required courses (6 credit hours):

ECON316

International Economics

3

FIN 448

Cases in International Finance

3

International Finance Track elective courses (3 credit hours):
Any one of the following:

FIN 444, FIN 423, ACCT 331, ECON 331.

3

 

REQUIREMENTS FOR A MINOR IN FINANCE
For business students desiring a minor in finance, four additional courses beyond FIN 343 (Managerial Finance) are required: FIN 344 Security Analysis, FIN 345 Markets and Institutions, FIN 422 Portfolio Management,  one of the following: FIN 444 Bank Management, FIN 423 Derivatives, FIN 443, Advanced Corporate Finance or FIN 446 International Finance.


BACHELOR OF SCIENCE-FINANCE
SUGGESTED SEQUENCE OF COURSES
Effective Fall 2010

GENERAL FINANCE TRACK
(TOTAL 122 credit hours)


Freshman Year

1st semester- 17 credits

2nd Semester- 17 credits

Course No.

Title

Course No.

Title

ENGL 101

Reading & Writing I

ENGL 102

Reading & Writing II

HIST 101
or
HIST 105

World History I

History of the US I

HIST 102
or
HIST 106

World History II

History of the US II

HEED 100

Healthful Living

PHEC XXX

Physical Education

MATH 113

Into to Math Analysis I

INSS 141

Introduction to Computer Systems

BIOL 101
or
BIOL 102

Introduction to Biology I

Introduction to Biology II

CHEM 101
or
PHYS 101

General Chemistry
or CHEM 110 or CHEM 111 or
or PHYS 203 or PHYS 205

ORIE 102

Freshman Orientation

MATH 118

Finite Math


Sophomore Year

1st semester- 18 credits

2nd Semester- 15 credits

Course No.

Title

Course No.

Title

BUAD 202

Business Leadership Seminar

FIN 343

Managerial Finance

MATH 201

Calculus for Non-Science

INSS 220

Anal Dec for Business

ACCT 201

Principles of Accounting I

ACCT 202

Principles of Accounting II

HUMA 201

Humanities I

HUMA 202

Humanities II

ECON 212

Economics II - Micro

ECON 211

Economics I - Macro

PHIL 109

Introduction to Logic

 

 


Junior Year

1st semester- 15 credits

2nd Semester- 15 credits

Course No.

Title

Course No.

Title

ENGL 357

Business Communication

BUAD 327

Fundamentals of Intl Business

XXX XXX

Humanities Elective

INSS 360

Management Information Systems

MGMT 324

Organizational Behavior

BUAD 381

Legal Environment

FIN 344

Security Analysis

MKTG 331

Principles of Marketing

FIN 345

Fin Mkts/Institutions

FIN 422

Portfolio Management


Senior Year

1st semester- 13 credits

2nd Semester- 12 credits

Course No.

Title

Course No.

Title

FIN 443

Advanced Financial Management

BUAD 499

Business Policy

MGMT 328

Production Management

FIN XXX

Finance Elective

BUAD 326

Bus. Ethics and Society

FIN 446

International Investments

FIN 497

Intern/Coop Education

XXX XXX

African Studies Elective

FIN XXX

Finance Elective

 

 


 INTERNATIONAL FINANCE TRACK
(TOTAL 125 credit hours)


Freshman Year

1st Semester- 17 credits

2nd Semester- 17 credits

Course No.

Title

Course No.

Title

ENGL 101

Reading & Writing I

ENGL 102

Reading & Writing II

HIST 101
or
HIST 105

World History I

History of the US I

HIST 102
or
HIST 106

World History II

History of the US II

HEED 100

Healthful Living

PHEC XXX

Physical Education

MATH 113

Intro to Math Analysis I

INSS 141

Introduction to Computer Systems

BIOL 101
or
BIOL 102

Introduction to Biology I

Introduction to Biology II

CHEM 101
or
PHYS 101

General Chemistry
or CHEM 110 or CHEM 111 or
or PHYS 203 or PHYS 205

ORIE 102

Freshman Orientation

MATH 118

Finite Math


Sophomore Year

1st Semester- 18 credits

2nd Semester- 15 credits

Course No.

Title

Course No.

Title

BUAD 202

Business Leadership Seminar

FIN 343

Managerial Finance

MATH 201

Calculus for Non-Science

INSS 220

Anal Dec for Business

ACCT 201

Principles of Accounting I

ACCT 202

Principles of Accounting II

HUMA 201

Humanities I

HUMA 202

Humanities II

ECON 212

Economics II - Micro

ECON 211

Economics I - Macro

PHIL 109

Introduction to Logic

 

 


Junior Year

1st Semester- 15 credits

2nd Semester- 15 credits

Course No.

Title

Course No.

Title

ENGL 357

Business Communication

BUAD 327

Fundamentals of Intl Business

XXX XXX

Humanities Elective

INSS 360

Management Information Systems

MGMT 324

Organizational Behavior

MKTG 331

Principles of Marketing

FIN 344

Security Analysis

BUAD 381

Legal Environment

FIN 345

Fin Mkts/Institutions

FIN 422

Portfolio Management


Senior Year

1st Semester- 15 credits

2nd Semester- 13 credits

Course No.

Title

Course No.

Title

FIN 443

Advanced Financial Management

BUAD 499

Business Policy

MGMT 328

Production Management

FIN XXX

Finance Elective

BUAD 326

Business Ethics & Society

FIN 448

Cases in International Finance

ECON 316

International Economics

FIN 497

Intern/Coop Education

XXX XXX

African Studies Elective

FIN 446

International Financial Management


Note:
Students that select the international finance track will receive a BS degree in finance. Diploma will read "BS-Finance." Completion of international finance track will be indicated on the transcript.

 


FINANCE COURSE OFFERINGS

FIN 342 PERSONAL FINANCE-Three hours; 3 credits.
This course is aimed at developing a framework for planning and operationalizing a lifetime personal  finance program. The course investigates alternative investments with a view toward optimizing personal wealth. Topics covered include budgeting, investing in education, cars, houses, securities, health and property insurance, pensions and estate planning. (SPRING).  This course cannot be used as a finance elective.

FIN 343 MANAGERIAL FINANCE-Three hours; 3 credits.
This course covers the principles and practices used in the financing of business organizations. Topics include financial planning, funds acquisition, financial analysis, current asset management, capital budgeting, cost of capital, and ethical issues related to financial management. Prerequisites: ACCT 201 and ECON 212 with grade of C or better. (FALL, SPRING).

FIN 344 SECURITY ANALYSIS -Three hours; 3 credits.
This course emphasizes the investment needs of both individual and institutional investors. Topics covered include various types of securities, security markets, security analysis, risk-return analysis, regulation of security markets and ethics. Prerequisites: FIN 343 and INSS 220 with a grade of "C" or better. (FALL, SPRING).

FIN 345 FINANCIAL MARKETS AND INSTITUTIONS-Three hours; 3 credits.
This is an integrative course that covers a variety of financial instruments and institutions. Topics include supply and demand for loanable funds, financial markets and institutions, level and structure of interest rates, and monetary, fiscal and debt management policies. Prerequisite: FIN 343 with a grade of "C" or better. (FALL, SPRING).

FIN 422 PORTFOLIO MANAGEMENT-Three hours; 3 credits.
This course is a continuation of FIN 344. It emphasizes the portfolio aspects of Investments. Topics covered include in-depth coverage of fixed income portfolio management, derivatives, international portfolio diversification and ethics.
Prerequisites: FIN 343, FIN 344 and INSS 220 with grade of C or better. (FALL, SPRING).

FIN 423 INVESTMENT BANKING-Three hours; 3 credits.
This course covers: the economic, regulatory and procedural aspects of investment banking; analytical methods and theory underlying the appraisal of corporate equity and debt securities for both short term and long term performance; syndication and distribution of securities; the role of the secondary markets; the analysis of mortgage related securities. Prerequisite: FIN 344, FIN 422 with grade of C or better. (SPRING).

FIN 443 ADVANCED FINANCIAL MANAGEMENT -Three hours; 3 credits.
This course emphasizes the long term (capital budgeting) and short term investment decisions. This course also covers the total environment in which the financial officer functions with a comprehensive coverage of the financial officer's use of budgets, financial and accounting concepts.
Prerequisite: FIN 343 grade of C or better. (FALL, SPRING).

FIN 444 BANK MANAGEMENT-Three hours; 3 credits.
Problems and policies concerning liquidity and solvency, reserves and earning assets, loans and discounts, accounting analysis, income and expense, services, personnel and public relations. Prerequisite: FIN 345 with grade of C or better. (FALL).

FIN 446 INTERNATIONAL FINANCIAL MANAGEMENT-Three hours; 3 credits.
This course examines international banking and business finance from the conceptual, theoretical, ethical, and practical standpoints in the context of multinational business operations. Topics include foreign exchange markets, international banking, international financial environment, financing and operational strategies and practices, and taxation. Prerequisite: FIN 344 with grade of C or better. (SPRING).

FIN 448 CASES IN INTERNATIONAL FINANCE-Three hours; 3 credits.
This course is based on international financial management cases whcih analyze financial problems faced by corporations when operating in an international environment. Major topics covered are the international financial environment, international monetary systems, copporate strategy and international investment decisions, portfolio diversifications, taxation issues, cost of capital and financial structure in the multinational firm, sources of financing, foreign exchange risk and management, and managing multinational operations.  Prerequisite: FIN 344, FIN 422 with grade of C or better. (SPRING).

FIN 497 FINANCE INTERNSHIP/COOPERATIVE EDUCATION-One hour; 1 credit.
This course requires the student to work with a firm and/or an association in the area of finance. The student will report on the process and results of the experience orally and in writing. (FALL, SPRING, SUMMER).