Banking and Finance Concentration

PROGRAM OVERVIEW

The field of banking and finance is broad and dynamic. Banking and finance is the art and science of managing money. Financial implications are central to virtually all organizations, such as business enterprise, not-for-profit organizations, or government agencies. Financial executives are, therefore, instrumental to overall planning and control. Non-financial executives must possess enough finance knowledge and skills to incorporate financial implications into their areas of expertise.

Banking and finance majors study the environment, theory, and techniques of decisions used by business firms to acquire and allocate funds, including the applied fields of investment and financial institutions.

Career opportunities in the banking and finance field include:

  • Manager Trainees
  • Budget Analyst
  • Loan Officer
  • Real Estate Sale/Brokerage
  • Security Analyst
  • Financial Services Sales Representative

PROGRAM OBJECTIVE

The primary objective of the banking and finance curriculum is to equip students with a broad understanding of the concepts and principles of banking and finance. We also provide a thorough training in the basic analytical tools essential for business decisions in the fields of finance.

To attain objectives, the study of finance is complemented with the acquisition of basic knowledge in mathematics and statistics and with studies in economics, accounting, and business administration. The program provides a thorough understanding of financial analysis, financial management, and financial systems.

PROGRAM LEARNING GOALS

1.1 Knowledge of financial theories like asset valuation, time value of money etc.

1.2 Utilization of problem solving skills within the finance setting

1.3 To be able to write reports on analysis of a firm's financial situation as reflected by financial statements etc.

2.1 Orally, by being able to present, discuss, and defend financial decisions by using appropriate terminology

2.2 To prepare finance professionals through the development of interpersonal and teamwork skills

2.3 To be able to work with customers in providing sound financial advice on life's financial goals

3.1 Students will demonstrate the ability to identify key issues

3.2 Students will demonstrate the ability to solve problems using appropriate quantitative and qualitative skills

3.3 Students will demonstrate the ability to find, read and evaluate information sources

4.1 Students will demonstrate an understanding of the implications of current global issue

4.2 Students will demonstrate an understanding of cultural and diversity issues

4.3 Students will consider global issues when solving business problems5.1 Students will demonstrate understanding of concepts and basic terminology from all business disciplines

5.2 Students will understand how one functional area impacts another and apply an interdisciplinary approach when solving business problems

5.3 Students will understand through a quantitative problem solving how each business area contribute to the success of an overall understanding of business as a discipline.

DEPARTMENTAL REQUIREMENTS

BUAD 100 Business Math
MGMT 101 Introduction to Business
ACCT 211 Principles of Accounting I
ACCT 212 Principles of Accounting II
FINA 320 Principles of Finance
MKTG 231 Principles of Marketing
MGMT 241 Principles of Management
MGMT 344 Organizational Behavior
BUAD 350 Business Law I
BUAD 351 Business Law II
MGMT 440 Business Strategy & Policy
ECON 321 Money & Banking
ECON 351 Business & Economics Statistics
ECON 483 Quantitative Methods for Decision Making
ECON Economic Elective Upper Level (300-400)
MGMT 480 Production and Operations Management


BANKING AND FINANCE CONCENTRATION

(12 semester hours)
FINA 424 Commercial Banking
ACCT 416 Managerial Accounting
FINA 421 Corporate Finance
FINA 422 Investments
(6 semester hours)
ACCT 315 Income Tax Accounting
ACCT 316 Corporate and Partnership Tax Accounting
FINA 323 Small Business Finance
ECON 332 Monetary and Fiscal Policies
ECON 341 International Economics
ECON 422 Public Finance
ECON 423 Monetary and Fiscal Policies
(6 semester hours)
Business or Economics Electives
General Elective

300-400 level selected from the courses listed above.

Note: Calculus and computer language courses may be used as School of Business electives.