University of Illinois at Urbana-Champaign
2001-2003 Programs of Study Timetables
Course Catalog
contents undergraduate graduate professional search

< College of Commerce and Business Administration

Curriculum in Finance

For the Degree of Bachelor of Science in Finance

The field of finance is primarily concerned with the acquisition and management of funds by business firms, governments, and individuals. A business seeks financial advice when considering the purchase of new equipment, the expansion of present facilities, or the raising of additional funds. Determining the value of financial and real assets and derivatives is a key activity in finance.

As the study of finance is designed to provide the student with both the theoretical background and the analytical tools required to make effective judgments in finance, many students select careers in business financial management, commercial and investment banking, investments, government finance, insurance, and real estate.


HOURS     REQUIRED COURSEs

3     FIN 300-Financial Markets (Prerequisite: FIN 254; C S 105 or 

      electronic spreadsheet competency)

9     Three additional finance courses must be taken. Any finance course except 

      FIN 199 is eligible to satisfy this requirement. See Career Tracks below, 

      or talk to an adviser for other options.

3     Major elective. Choose one of the following:

     ACCY 301-Accounting Measurement & Disclosure (Prerequisite: ACCY 202)

     ACCY 302-Decision Making for Accountancy (Prerequisite: ACCY 202)

     ACCY 303-Accounting Institutions and Regulation (Prerequisite: 

     ACCY 301 or consent of instructor)

     ACCY 304-Accounting Control Systems (Prerequisite: ACCY 301 and 

     302 or consent of instructor)

     ACCY 310-Financial Accounting Reporting Standards (Prerequisite: 

     ACCY 303 or consent of instructor)

     ACCY 312-Taxation Rules and Regulations (Prerequisite: ACCY 202)

     B ADM 274-Operations Research (Prerequisite: ECON 173 or consent of 

     instructor)

     CEE 216-Construction Engineering (Prerequisite: CEE 292; credit or 

     concurrent registration in C S 101 and CEE 293)

     Economics: any 200- or 300-level course excluding ECON 300

     G E 288 or G E 292

     GEOG 383-Urban Geography

     Mathematics or statistics: any course above the minimum mathematics 

     or statistics requirement of the college.

     Other courses as recommended by the Department of Finance faculty 

     and approved by the Department of Finance chairperson.



* Discovery courses

 

ADVISING NOTES:

-Courses taken to fulfill major requirements may not be taken on a credit-no credit basis.

-It is recommended that finance majors take twelve to fifteen hours of accounting. ACCY 201 and 202 are required. However, many employers look favorably upon additional accounting courses. It is possible to earn enough hours to take the CPA exam. For those interested in financial reporting, we suggest ACCY 301 as the next course of choice; should you wish to take additional courses beyond ACCY 301, we would recommend ACCY 303, followed by ACCY 310. For those interested in managerial control and decision making, we would recommend ACCY 301 and 302,

followed by ACCY 304, followed by ACCY 312.

-Career tracks: No specific courses are required. It is possible, though, to select courses to match areas of interest. Possible combinations include:

Corporate finance: FIN 301, 321, 322, 324 and 364; ACCY 301/303 or 301/302/304, 312; B ADM 274

Investments: FIN 361, 362, 372, 384, 321 or 322, 301 or 364; ACCY 301, 303, 310, 312; ECON 301

Financial institutions and markets: FIN 301, 321, 343, 361, 364, 388; ACCY 301, 303, 310, 312; ECON 214, 301, 328, 329, 357

Insurance and risk management: FIN 260, 262, 341, 343, 345, 360, 321; B ADM 303, 274; ECON 214, 301, 371

Real estate and urban economics: FIN 264, 382, 384, 386, 388, 390; ACCY312, ARCH 301, CE 216, ECON 360, GEOG 383

-Typical seasonal offerings:

Fall: FIN 260, 382, 386, 390

Spring: FIN 341, 343, 384, 388

Once a year (semester depends on faculty availability): FIN, 345, 360, 372

Teacher Education Minor in Economics


Hours     Required Courses

4-6     ECON 102 and 103 (or ECON 101)

6     ECON 300 and 301

3     ECON 172 or equivalent work in statistics 

      (ECON 173 is recommended but not required)

12     Twelve additional hours in economics. Choose at least one 

       course in each of the following areas:

     History, History of Thought, Comparative Systems

     3     ECON 236-American Economic History

     3     ECON 238-European Economic History

     3     ECON 255-Comparative Economic Systems

     3     ECON 306-History of Economic Thought

     3     ECON 357-The Russian Economy

     3     ECON 358-The Economy of China

     3     ECON 359-The Israeli Economy

     Public Sector, Labor

     3     ECON 214-Introduction to Public Finance

     3     ECON 240-Labor Problems

     3     ECON 245-Women in the Labor Market

     3     ECON 303-Macroeconomic Policy

     3     ECON 313-Economics of Consumption

     3     ECON 314-Public Sector Economics

     3     ECON 315-The Economics of Poverty and Income Maintenance

     3     ECON 341-Economics of Labor Markets

     3     ECON 343-Unions, Bargaining, and Public Policy

     3     ECON 345-Economics of Human Resources

     3     ECON 346-Family Economics

     3     ECON 360-Regional Economics

     3     ECON 361-Urban Economics

     3     ECON 380-Industrial Competition and Monopoly

     3     ECON 381-Government Regulation of Economic Activity

     3     ECON 383-Health Economics

     3     ECON 388-Law and Economics

     International, Development

     3     ECON 328-International Economics

     3     ECON 329-Contemporary Issues in the International Economy

     3     ECON 350-The Developing Economies

     3     ECON 351-The Development of the Japanese Economy

     3     ECON 352-Economic Development in Latin America

     3     ECON 353-Economic Development in India and Southeast Asia

     3     ECON 354-Economic Development of Tropical Africa

     27      Minimum total1



1. Minimum of 25 hours if ECON 101 is taken.

< College of Commerce and Business Administration