Finance
Department Office: 340 Wohlers Hall, 1206 South Sixth, Champaign, (217) 244-2239
The field of finance is concerned with the acquisition of funds and the determination of the use of funds by a business or an individual. In this process, an important aspect is the valuation of assets, both financial and real. Specific areas of finance include the acquisition and use of funds by businesses (business finance), the valuation of financial assets (investments), the financial environment and participants (banking and financial institutions), the valuation and financing of real properties (real estate), and an assessment of risks and programs to insure against risk (insurance and risk management). The major is administered by the Department of Finance.
Notes:
The LAS Finance major will NO LONGER admit external students to the curriculum. For students who entered the University on or before the Fall 2004 term, the final term for declaring the LAS Finance major is Fall 2006.
STUDENTS WHO ENTERED THE UNIVERSITY AFTER THE FALL 2004 TERM ARE ENCOURAGED TO APPLY TO THE BUSINESS FINANCE PROGRAM INSTEAD.
Major in Sciences and Letters Curriculum
E-mail: finance@cba.uiuc.edu
Degree title: Bachelor of Arts in Liberal Arts and Sciences
Minimum required major and supporting course work equates to 43 hours with at least 15 hours in Finance courses.
General education: The LAS General Education requirements are set up so students automatically complete the Campus General Education requirements.
Minimum hours required for graduation: 120 hours
Departmental distinction: Departmental distinction will be awarded on the basis of grade point average. See the Department for details.
| Hours | Requirements |
|---|---|
| 15 | Finance courses including: |
FIN 221 - Corporate Finance |
|
FIN 300 - Financial Markets |
|
Three additional finance courses except for FIN 199. (Current recommendations of courses in each program area within finance are available in the department office.) |
|
| 6 | ACCY 201 - Accounting and Accountancy, I |
| ACCY 202 - Accounting and Accountancy, II | |
| 4 | MATH 234 - Calculus for Business I |
| 3 | CS 105 - Intro to Computing, Non-Tech |
| 6 | ECON 102 - Microeconomic Principles |
| ECON 103 - Macroeconomics Principles | |
| 3 | ECON 202 - Economic Statistics I |
| 3 | ECON 203 - Economic Statistics II |
| 3 | Choose at least 3 hours from the following courses. Current recommendations of courses in each program area within finance are available in the department office. Additional courses may be substituted upon the approval of a finance adviser. |
ACCY 301, 302, 303, 304, 312, 410 |
|
BADM 300, 320, 310, 301, 374 |
|
CEE 320 |
|
Economics (any course numbered above ECON 103, excluding ECON 202 and 203) |
|
GE 330, 400 |
|
GEOG 483 |
|
Mathematics (any course numbered higher than MATH 220, excluding MATH 234) |
|
Other courses as recommended by Department of Finance faculty and approved by the Department of Finance chairperson |
Twelve hours of 300- or 400-level courses in the major must be taken on this campus.
All foreign language requirements must be satisfied.
A Major Plan of Study Form must be completed and submitted to the LAS Student Affairs Office before the end of the fifth semester (60-75 hours). Please see your adviser.
Notes:
- ECON 102, 103, and 202, CS 105 should be taken in the freshman year.
- FIN 221 has as a prerequisite credit or concurrent registration in ACCY 202 and ECON 203. Therefore, ACCY 201-202 and ECON 202-203 should be taken in the sophomore year.
- Students must maintain a 2.0 GPA in their major to graduate. This includes both the finance and the supporting courses taken to fulfill graduation requirements. None of these courses may be taken on a credit-no credit basis.