The Marcus and Mindel Vershok Brachman Department of Economics, Management and Accounting is home to the new Finance major. The major will prepare students for entry-level positions in financial services organizations or in the corporate finance and treasury units of larger corporations. The program provides a broad knowledge base in business subjects as well as an in-depth study of financial principles and topics. The new major reflects the department's mission of providing pre-professional programs that equip students for meaningful careers and lifelong learning.
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.
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The department lays great stress on 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. |
The major in Finance will provide preparation for professional qualifications including Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), and Chartered Financial Consultant (ChFC). Among the sources examined in the preparation of the new major in Finance was the Occupational Outlook Handbook ("OOH") published by the U.S. Bureau of Statistics. The OOH 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. |
Finance Major
Degree
audit for Finance major
Finance Minor
Accounting 201 and 202; Economics 211, 212, and 301; Finance 301 and 321; and Mathematics 123.
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Last update: 13-August-2007