Liberal Arts and Sciences: Finance see footnote 1

NOTE: This document was generated from the 1995-1997 UIUC Programs of Study. Every effort has been made to ensure accuracy, but be advised that requirements may have changed since this book was published. Errors may have also been introduced in the conversion to a WWW document. Thus for items of importance, it might be wise to seek confirmation from either the paper version or a live human being.

Finance Courses. 24 hours.

Supporting Course Work. 28 hours (as specified below).

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).

REQUIREMENTS

Students must complete the following:

1. At least 24 hours of finance courses including:

a. FIN 254 see footnote 2

b. Seven additional finance courses. Current recommendations of courses in each program area within finance are available in the department office.

2. At least 28 hours of supporting courses including:

a. ACCY 201 and ACCY 202

b. MATH 134 (or equivalent)

c. C S 105

d. ECON 102-103 see footnote 3 ,172,173

e. At least 3 hours from the following courses. Current recommendations of courses in each program area within finance are available in the department office.

ACCY 211, ACCY 221, ACCY 251, ACCY 311

B ADM 200, B ADM 202, B ADM 210, B ADM 261, B ADM 274, B ADM 321

C E 216

Economics (any course numbered above ECON 103, -- excluding ECON 172 and ECON 173)

GEOG 366, GEOG 383

I E 335, I E 357, I E 385

Mathematics (any course numbered above MATH 120, excluding MATH 134)

Additional courses may be substituted upon the approval of a finance adviser.

Footnotes: 1. The department has pending proposed program revisions which include an additional departmental course requirement. Students should consult a departmental adviser.

Footnote 2. FIN 254 has as a prerequisite ACCY 200 or ACCY 202 and as a concurrent prerequisite ECON 172. Therefore, the supporting course work in accounting ( ACCY 201 and ACCY 202) and mathematics ( MATH 134) should be taken in the sophomore year.

Footnote 3. ECON 102 and ECON 103 should be taken in the freshman year.

NOTES:

--Students must maintain a 3.0 GPA in their major (field of concentration) 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.

Sample Programs. The specific finance and supporting courses to be selected depend upon the student's interest in a particular area of finance. Programs are available in the following areas: general finance, business finance, insurance, investments, financial institutions and money markets, real estate, and risk management. It is not necessary to choose one specific program area. Finance majors seeking advice about the specific finance and supporting courses to take should consult with their advisers.

Departmental Distinction. Departmental distinction will be awarded on the basis of the grade-point average. See the department for details.

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