Finance
Finance graduates go to work in one of three broad areas: corporate finance, banking, or investment-related fields. The finance option has been prepared to give you an understanding of all of these areas, and of the common underlying principles. Finance is interested in the future performance of the company and what to do to enhance it. To this end, finance practitioners must thoroughly understand accounting as a presentation of the current condition of the business. But they must also understand how the plans of the business relate to its value, and must understand the role of capital markets and institutions in providing funding resources to the business and monitoring its performance.
In addition to the courses listed below, the serious finance student is strongly advised to take additional accounting courses, especially at least two courses in the intermediate accounting sequence (ACTG 381 - 382). Also, financial analysis is, as its name implies, analytical, so anything you can do to enhance your quantitative and analytical skills will help your career. It is essential that you have a strong understanding of algebra and statistics; calculus is also useful as a mental discipline. Understanding of information systems is highly valuable, and a strong facility with spreadsheets is essential. To help understand the economic environment of finance, we also recommend additional upper-division courses in economics.
Finance Option Requirements
[2006-07 bulletin year*]
A minimum of 28 business credits as follows:
- ACTG 381 - Financial Accounting & Reporting I (4)
- FIN 319 - Intermediate Financial Management (4) (previously FIN 419)
- FIN 449 - Valuation (4) (previously titled Analysis of Financial Performance)
- FIN 452 - Investments (4)
- FIN 441 - Fundamentals of Derivative Securities (2) (effective 2003-2004 bulletin year)
- FIN 456 - International Financial Management (4)
- FIN 465 - Finance Topics and Cases (4)
The printable version of this information includes a suggested sequence and identifies the terms these courses are usually offered.
*Links to the requirements for other bulletin years are found on the Course Information page.
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