FINANCE
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.MAJOR IN SCIENCES AND LETTERS CURRICULUM
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 (see page 130) are set up so that students automatically complete the Campus General Education requirements. The exceptions to this are the Campus Composition II and the Western Cultures requirements which must also be completed.
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: 6
ACCY 201-Principles of Accounting, I and ACCY 202-Principles of Accounting, II 4
MATH 134-Calculus for Social Scientists, I; or equivalent 3
C S 105-Introduction to Computing with Application to Business and Commerce 6
ECON 102-Microeconomic Principles and ECON 103-Macroeconomic Principles 3
ECON 172-Economic Statistics, I 3
ECON 173-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. Twelve hours advanced level (300 and approved 200) 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:
-FIN 254 has as a prerequisite credit or concurrent registration in ACCY 202 and ECON 173. Therefore, ACCY 201-202 and ECON 172-173 should be taken in the sophomore year.
-ECON 102 and 103, C S 105, and MATH 134 should be taken in the freshman 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.