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Show Business and Economies Finance FINANCE MAJOR Description: After studying in the school's core courses about the various functions, (including finance) in organizations, the finance major learns how to acquire, allocate, and control the firm's financial resources efficiently. Education: Required courses for a finance major cover Risk Insurance, Investments, and Problems in Financial Administration. Further specialization is obtained from four elective courses in other areas of finance and finance related courses in economics and real estate. Professional Outlook: Since money is the life-blood of every organization, the need for sound financial management will persist and with it the demand for financial majors. Finance ranks very high among the various business backgrounds of the highest paid executives in the United States. Related Careers: Besides opportunities in financial departments of industrial firms, Finance majors find application for their skills in many other areas, such as banking, insurance, real estate, investment, and consumer credit. Program: Business AdministrationFinance Major (Bachelor Degree) I. General Requirements: A. Specific course requirements of the college (see index). Economics 274 (5) or 430 (4) is recommended to satisfy the state requirement. B. Bachelor Degree General Education requirements (see index). 1. Economics 101 (5); Psychology 101 (5) or Sociology 101 (5) or Anthropology 101 (5) in the Social Science area are required for Business majors. 2. Mathematics 105 (5) in the Physical Science area is required for Business majors. (Exception: Math Placement score 26 plus.) C. The following School of Business and Economics Core is required (59 credit hours): 1. Accounting 102 (4), 202 (4), 310 (4). 2. Data Processing 101 (4). 3. Economics 102 (3), 250 (4), 251 (4); 301 (4) or 302 (4). 4. Office Administration 325 (4). 5. Business Administration 478 (4). 6. Finance 320 (4). 7. Management 301 (4), 364 (4). 8. Marketing 301 (4). 9. Business Administration 320 (4). D. A minor is not required. E. Finance majors must have a 2.25 G. P. A. or better in major courses. F. Finance majors must have an overall G. P. A. of 2.00 or C. G. 183 total hours are required for this degree. H. Sixty of the 183 total hours must be upper division (courses numbered 300 and above). II. Specific Requirements: A. Finance courses required (twelve credit hours): Finance 301 (4), 430 (4), 440 (4). B. Courses to elect from (four courses from the following): Finance 305 (4), 335 (3), 431 (4), 435 (3), 450 (3); Economics 301* (4), and 302* (4); 350 (4); Real Estate 340 (4); Business Administration 489 (4) with departmental approval. C. Support course required: Economics 320 (4). *Whichever is not selected to satisfy the core (courses selected to satisfy core cannot be used in major also). 96 Business and Economics Advertising Program: Finance Minor for Business and Non-Business Majors I. General Requirements: Finance minors must achieve a G. P. A. of 2.25 in minor courses. II. Specific Requirements: A. Non-business majorsA baccalaureate clegree candidate who is not seeking a major in the School of Business and Economics may obtain a minor in Finance by completing the following requirements: 1. Minimum of 30 credit hours, as explained below. 2. Finance course required: Finance 320 (4). 3. Courses to elect from (seven credit hours with approval of minor adviser): Finance 301 (4), 305 (4), 330 (4), 331 (4), 335 (3), 435 (4), 440 (4), 450 (3), 4. Support courses required: Accounting 102 (4); Economics 101 (5), 320 (4). B. School of Business and Economics majorsIf a minor in Finance is desired by a student majoring in the School of Business and Economics, he must complete a minimum of fifteen credit hours (with approval of a minor adviser) from the following courses: Finance 301 (4), 305 (4), 330 (4), 331 (4), 335 (3), 435 (4), 440 (4), 450 (3); Business Administration 480 (1-5), 489 (1-4). FINANCE 101. Personal Finance (4) Personal and family budgeting, installment buying, borrowing money, buying a home, and purchasing stocks and bonds. A W S Su 292. Short Courses, Workshops, Institutes and Special Programs (1-6) In order to provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used it will be accompanied by a brief and specific descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcript. A W S Su 301. Risk and Insurance (4) Designed for understanding the importance of risk in personal and business affairs, with emphasis placed upon the nature of risk, the insurance mechanism and the functional aspects of insurance. A 305. Life Insurance (4) Principles of life insurance; analysis of insurance policies, programs, annuities, reserves, and management problems. W 320. Corporate Finance (4) Structure of the corporation, financial analysis, planning and control, working capital management, capital budgeting, cost of capital, and financial decision making under risk and uncertainty. Prerequisites: Accounting 310, Economics 102, 250 and 251. A W S GE330. Introduction to Investments (4) A study of investment opportunities, mechanics, analysis, risk, and management. A S 335. Credit Management (3) Principles and methods of credit and collection. S COURSES 430. Investments (for Finance majors only or instructor approval) (4) An in-depth study of principles, concepts, and tools used in the investment field as they relate to investment opportunities, mechanics, financial statement analysis, risk, and portfolio management. Prerequisite: Finance 320. W 431. Security Analysis (for Finance majors only or instructor approval) (4) A continuation of Finance 430. Emphasis is on principles of security analysis and portfolio management and balanced financial planning for the individual. Prerequisite: Finance 430. S 435. Financial Institutions (4) A study of the functions and significance of the major financial institutions such as commercial banks, credit and mortgage institutions, and savings institution with an emphasis on management problems, regulations, credit appraisal and loan types. Prerequisite: Finance 320. W 440. Problems in Financial Administration (4) Case studies in corporate financial management. Prerequisite: Finance 320. S 450. Business Fluctuations and Forecasting (3) Patterns and determinants of fluctuations in our economy over the years, and methods used in forecasting the level of economic activity. Prerequisites: Economics 102 and Economics 251. (To be offered 1976-77 and alternate years.) W 492. Short Courses, Workshops, Institutes and Special Programs (1-6) In order to provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used it will be accompanied by a brief and specific descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcript. A W S Su ADVERTISING MAJOR Description: The Advertising major is a specialized program for those who desire to get involved in the creation and management of consumer and industrial advertising. 97 |
