The finance curriculum prepares students for careers in corporate financial management, the investments and securities business, and the management of financial institutions—e.g., banks and insurance companies. The theory of finance and its applications are emphasized. Students learn about: security analysis and valuation, security trading, government policy and financial markets, financial forecasting, capital structure, financial risk management, venture capital, security issuance and international finance.
Note: These requirements apply only to students admitted to the School of Business in fall 2005 and thereafter. Students admitted before fall 2005 should refer to their DARS report.
Undergraduate finance majors should enroll in General Business 303 Business Statistics or its equivalent no later than the first semester of the junior year. Before enrolling in Finance 320, 325, or 330, students must complete (a) Finance 300; (b) Mathematics 213 or Mathematics 222; (c) either complete or concurrently enroll for General Business 304. Accounting 301 must be completed before enrolling for Finance 325.
Students planning on a major in finance should complete Finance 300, General Business 303 (or equivalent) and Accounting 301 in the first semester of their junior year. Finance 320, 325, or 330 should be completed prior to a summer internship. Ideally, the mathematics requirement should be completed prior to admission to the School of Business, but if not, then Mathematics 213 or 222 should be completed in the first semester of the junior year. Finance majors should also be aware of enforced prerequisites for other finance courses. These are listed in the Timetable as well as the Undergraduate Catalog.
All undergraduate finance majors must take:
Math 213 Calculus and Introduction to Differential Equations, 3 cr
or
Math 222 Calculus and Analytic Geometry, 5 cr
Gen Bus 304 Intermediate Business Statistics, 3 cr
or
Econ 410 Introduction to Econometrics, 4 cr
or
Stat 312 Introduction to Mathematical Statistics
or
Stat 333 Applied Regression Analysis, 3 cr
Acct I S 301 Financial Reporting I, 3 cr
Finance 300 Introduction to Finance, 3 cr
Finance 320 Investment Theory, 3 cr
Finance 325 Corporation Finance, 3 cr
Finance 330 Derivatives, 3 cr
Finance 305 Financial Markets, Institutions and Economic Activity, 3 cr
or
Econ 301 Intermediate Macroeconomic Theory, 4 cr
or
Econ 302 Intermediate Macroeconomic Theory, 4 cr
or
Econ 311 Intermediate Microeconomic Theory, 4 cr
or
Econ 312 Intermediate Macroeconomic Theory—Mathematical Treatment, 3 cr
or
Econ 330 Money and Banking, 4 cr
or
Econ 411 Advanced Micro Theory 3 cr
And complete one 3-credit Finance course numbered above 400 or a Finance 365 Special Topics course.