Program OverviewThe 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 ObjectiveThe 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 Goals1.1 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.
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