The concentration in finance develops the skills necessary for understanding how to create wealth through the art and science of money management. The study of finance will help the student answer three fundamental questions. First, how much should any individual or firm invest? Second, what assets should the individual or firm invest in? Third, how should the cash required for the investment be raised? The finance concentration provides students with an understanding of how to answer these questions at the individual investor level and at the business/corporate level. Topics covered include the time value of money, capital budgeting, asset pricing, investments, portfolio analysis and derivatives.
Through an understanding of these topics, the concentration in finance seeks to integrate the fields of accounting, economics, law and quantitative analysis. In turn, it is designed to prepare students for careers in corporate finance, investments, financial institutions, insurance and real estate.
In cooperation with the Department of Mathematics and Computer Science, the concentration is designed to enhance the students's comprehension of finance through the power of mathematics. The application of mathematical methods hold great promise for delivering solutions to fundamental financial problems, as found in capital budgeting, risk management, portfolio analysis, and actuarial science.
The concentration draws on tools from applied mathematics, including calculus, linear algebra, and statistics, to prepare students for careers in corporate treasury, investment banking, commercial banking, hedge funds, insurance, and risk management. As the pace of financial innovation quickens, the need for highly qualified individuals with specific training in financial mathematics will only intensify. The concentration is designed to not only meet increasing market demands but also to prepare students for the advanced study at the graduate level.
Finance Concentration Requirements
View B.S. in Business Administration Core Requirements>>
Students must earn at least a “C” in each individual BFIN course and earn a 2.5 average for all BFIN courses.
| BFIN 3211 |
| Financial Strategy |
| 3 |
| BFIN 4227 |
| Investment Analysis |
| 3 |
| BFIN 4225-4999 |
| Finance Electives |
| 9 |
Total credits: 15 Note: Co-op courses count only as general education electives.
Mathematical Finance Requirements
Students must earn at least a “C” in each individual BFIN and MATH course and earn a 2.5 average for all MATH and BFIN courses. A single BFIN course of 3000 series or higher can be taken at most twice. Students may concentrate in either Finance or Mathematical Finance, but not both.
|MATH 1501 ||Honors Calculus 1 ||4 |
|MATH 1511 ||Honors Calculus II |
|MATH 2511 ||Honors Calculus III |
|MATH 2813 ||Linear Algebra ||4 |
|BFIN 3211 ||Financial Strategy ||3 |
|BFIN 4227 ||Investment Analysis |
| ||In addition, select at least two of the following: || |
| BFIN 4234 |
|Futures, Options and Derivatives |
| BFIN 4250 |
|Fixed Income Analysis |
| BFIN 4255 |
| Financial Modeling |
Total credits: 28