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 2014 or thereafter must take an additional 24 credit hours in finance courses. 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 341 |
Introduction to Financial Planning |
2 |
|
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): |
||
|
FIN 423 |
Derivatives |
3 |
|
FIN 444 |
Bank Management |
3 |
|
FIN 448 |
Cases in International Finance |
3 |
|
ACCT331 |
Intermediate Accounting I |
3 |
|
ACCT 332 |
Intermediate Accounting II |
3 |
|
International Finance Track required courses (6 credit hours): |
||
|
ECON316 |
International Economics |
3 |
|
FIN 448 |
Cases in International Finance |
3 |
REQUIREMENTS FOR A MINOR IN FINANCE
For business students desiring a minor in finance, four additional courses beyond FIN 343 (Managerial Finance). FIN 344 Security Analysis, FIN 345 Markets and Institutions and FIN 422 Portfolio Management are required. The fourth course may be selected from among the following: FIN 444 Bank Management, FIN 423 Derivatives, FIN 443, Advanced Financial Management, FIN 446 International Finance.
__________________________________________________________________________________________________________________________________________________________
BACHELOR OF SCIENCE-FINANCE
SUGGESTED SEQUENCE OF COURSES
Effective Fall 2014
121 credit hours
| Freshman Year | |||
| 1st semester - 15 credits | 2nd semester - 16 credits | ||
| Course No. | Title | Course No. | Title |
| ENGL 101 | Freshman Comp I | ENGL 102 | Freshman Comp II |
| SB ELEC | Social Science Elective | SB ELEC | Social Science Elective |
| ORBM 102 | Freshman Orientation | PHEC XXX | Physical Education Elective |
| MATH 113 | Introduction to Math Analysis | INSS 141 | Digital Lit & App Soft |
| BPS-A | Biological & Physical Science Part A | BPS-B |
Biological & Physical Science Part B |
| HEED XXX | Health Education Elective | ||
| Sophomore Year | |||
| 1st semester - 18 credits | 2nd semester - 17 credits | ||
| Course No. | Title | Course No. | Title |
| BUAD 202 | Business Leadership Seminar | FIN 343 | Managerial Finance |
| MATH 201 | Calculus for Non-Science | AH ELEC | Arts & Humanities Elective |
| ACCT 201 | Principles of Accounting I | INSS 220 | Analytical Decisions in Business |
| AH ELEC | Arts & Humanities Elective | ACCT 202 | Principles of Accounting II |
| ECON 212 | Economic (Micro) | ECON 211 | Economics II (Macro) |
| PHIL 109 | Introduction to Logic | FIN 341 | Introduction To Financial Planning |
| Junior Year | |||
| 1st semester - 15 credits | 2nd semester - 16 credits | ||
| Course No. | Title | Course No. | Title |
| ENGL 357 | Business Communications | BUAD 381 | Legal & Ethical Environment |
| MKTG 331 | Principles of Marketing | INSS 360 | Management Information Systems |
| MGMT 324 | Organizational Behavior | FIN 422 | Portfolio Management |
| FIN 344 | Security Analysis | BUAD 326 | Business Ethics and Society |
| FIN 345 | Financial Markets and Institutions | BUAD 327 | Fundamentals of International Business |
| FIN 497 | Finance Internship | ||
| Senior Year | |||
| 1st semester - 12 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 |
| FIN 446 | International Finance | HIST 350 | African Diaspora |
| FIN XXX | Finance Elective | XXX XXX | SBM Elective |
BACHELOR OF SCIENCE- INTERNATIONAL FINANCE TRACK
SUGGESTED SEQUENCE OF COURSES
Effective Fall 2014
121 credit hours
| Freshman Year | |||
| 1st semester - 15 credits | 2nd semester - 16 credits | ||
| Course No. | Title | Course No. | Title |
| ENGL 101 | Freshman Comp I | ENGL 102 | Freshman Comp II |
| SB ELEC | Social Science Elective | SB ELEC | Social Science Elective |
| ORBM 102 | Freshman Orientation | PHEC XXX | Physical Education |
| MATH 113 | Introduction to Math Analysis | INSS 141 | Digital Lit & App Soft |
| BPS-A | Biol & Physical Science Part A | BPS-B |
Biol & Physical Science Part B |
| HEED XXX | Health Education | ||
| Sophomore Year | |||
| 1st semester - 18 credits | 2nd semester - 17 credits | ||
| Course No. | Title | Course No. | Title |
| BUAD 202 | Professional Development | FIN 343 | Managerial Finance |
| MATH 201 | Calculus For Non Science Majors |
AH ELEC | Arts & Humanities Elective |
| ACCT 201 | Principles of Accounting I | ACCT 202 | Principles of Accounting II |
| AH ELEC | Arts & Humanities Elective | INSS 220 | Analytical Decisions For Business |
| ECON 212 | Economics (Micro) | ECON 211 | Economics II (Macro) |
| PHIL 109 | Introduction To Logic | FIN 341 | Introduction to Financial Planning |
| Junior Year | |||
| 1st semester - 15 credits | 2nd semester - 16 credits | ||
| Course No. | Title | Course No. | Title |
| ENGL 357 | Business Communication | BUAD 381 | Legal & Ethical Environment |
| MKTG 331 | Principles of Marketing | INSS 360 | Management Information Systems |
| MGMT 324 | Organizational Behavior | FIN 422 | Portfolio Management |
| FIN 344 | Security Analysis | BUAD 326 | Business Ethics & Society |
| FIN 345 | Financial Markets & Institutions | BUAD 327 | Fundamentals of International Business |
| FIN 497 | Finance Internship | ||
| Senior Year | |||
| 1st semester - 12 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 448 | Cases In International Finance |
| FIN 446 | International Finance | HIST 350 | African Diaspora |
| ECON 316 | International Economics | XXX XXX | SBM Elective |
FINANCE COURSE OFFERINGS
FIN 341 INTRODUCTION TO FINANCIAL PLANNING - Two hours, 2 credits. This course covers careers in financial planning and provides an introduction to the responsibilities of financial planners including credit and debt management, buying versus leasing, educational funding, financial planning for special circumstances such as divorce or disability, estate planning and income tax planning. Risk management and insurance and investment planning will also be covered. (SPRING)
FIN 342 PERSONAL FINANCE - Three Hours; 3 credits. The focus of this course is the development of a framework for planning a lifetime finance program and making it operational. 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 financial planning. (FALL)
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 with a grade of "C" or better, ECON 212 with a grade of "C" or better. (FALL, SPRING, SUMMER)
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. Prerequisite: FIN 343 with a grade of "C" or better. (FALL, SPRING).
FIN 345 GLOBAL INANCIAL MARKETS AND INSTITUTIONS - Three hours, 3 credits. This is an integrative course, which covers a variety of financial instruments and financial institutions from around the world.. Topics include supply and demand for loanable funds, global financial markets, 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, options, futures, and forward contracts; international portfolio diversification and ethics. Prerequisites: INSS 220 and FIN 344 with a grade of "C" or better. (FALL, SPRING)
FIN 423 DERIVATIVES - Three hours; 3 credits. This course builds on FIN 344, Security Analysis, and FIN 422, Portfolio Management. It introduces students to the major types of derivatives and conducts a comprehensive analysis of derivative pricing and applications. Topics include options, forwards, futures, swaps, and application of these derivatives in hedging investments risk. Prerequisite: FIN 344 with a grade of "C" or better. (SPRING)
FIN 443 ADVANCED FINANCIAL MANAGEMENT - Three hours; 3 credits. This course emphasizes long term (capital budgeting) and short-term investment decisions. The course also covers the total environment in which the financial officer functions with comprehensive coverage of the financial officer's use of budgets as well as financial and accounting concepts. Prerequisite: FIN 343 with a grade of "C" or better. (FALL, SPRING)
FIN 444 BANK MANAGEMENT - Three hours; 3 credits. This course covers such topics as problems and policies associated with liquidity and solvency, reserves and earning assets, loans and discounts, accounting analysis, income and expense, services, personnel and public relations. Prerequisite: FIN 345 with a 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, exchange risk management, financing and operational strategies and practices, and taxation of multinational operations. Prerequisite: FIN 344 with a grade of "C" or better. (FALL, SPRING)
FIN 448 CASES IN INTERNATIONAL FINANCE - Three hours; 3 credits. This course is based on international financial management cases which analyze financial problems faced by corporations when operating in an international environment. Major topics covered are the international financial environment, international monetary systems, corporate 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. Prerequisites: FIN 344, FIN 422 and FIN 443 with a grade of "C" or better. (SPRING)
FIN 497 FINANCE INTERNSHIP/COOPERATIVE EDUCATION - Three hours; 1 credit. This course requires the student to work in the finance area with a firm and/or an association. The student will be required to report on the results of the work experience both orally and in writing. Prerequisite: FIN 343 with a grade of "C" or better. (FALL, SPRING, SUMMER)