Lead faculty: Dr. Jim Falter
The Finance major reflects the department's mission of providing pre-professional programs that equip students for meaningful careers and lifelong learning. The program provides a broad knowledge base in business subjects as well as an in-depth study of financial principles and topics, preparing students for entry-level positions in financial services organizations or in the corporate finance and treasury units of larger corporations. As a Finance Major, youll focus on developing the technical skills and abilities you need to identify investors needs and to analyze investments and corporate finance. At the same time, youll gain a broad understanding of every element of business including economics, accounting, and statistical analysis. And because so much of the work of analysts involves dealing with clients, our courses stress problem-solving and communication skills, giving you an added advan-tage over others in the field.
The major in Finance will provide preparation for professional qualifications including:
- Chartered Financial Analyst (CFA),
- Certified Financial Planner (CFP), and
- Chartered Financial Consultant (ChFC).
The Occupational Outlook Handbook (OOH), published by the U.S. Bureau of Statistics, expects faster-than-average employment growth of financial advisors through 2010. According to OOH, the median earnings of personal financial advisors were $58,320 in 2000. The middle half earned between $34,420 and $96,360. The lowest ten percent earned less than $25,110 and the top ten percent earned more than $145,600.
Students completing the program in Finance will have the technical ability to embark on careers in financial services. The major is designed to support the development of skills creating graduates who are comfortable identifying investors' needs and working with the analysis of investments and corporate finance as well as broad business issues involving economics, accounting, and basic statistical analysis.
Analytical and communication skills are a primary focus in courses. Additionally, students will have acquired intellectual processes necessary to survive in a rapidly changing business and financial environment.
The department stresses internships as a way of students putting their knowledge to work. As with all the department's majors, the department's director of internships will assist Finance majors in securing internship positions. Students who excel academically will be invited to join Tau Pi Phi, a national business honorary.
Financial analysts and financial advisors provide investment analysis and guidance to businesses and individuals to help them with their investment decisions. Financial analysts assess the economic performance of companies and industries for firms and institutions with money to invest. Financial advisors generally assess the financial needs of individuals, providing them a wide range of investment options.
Last updated: 25-February-2011, B&E Department webmaster