Finance Minor Requirements

The Finance minor involves work across the fields of finance, economics, and accounting. This specialization allows students to deepen their understanding of stock and bond markets, corporate financial systems, capital valuation, global economic issues, and the banking system. Taught by professors from the areas of finance, economics, and accounting, this minor is a vehicle that will help you shape the career you desire, whether it is in corporate finance, financial advising, insurance, real estate, investment banking, et al.

Students take the four required courses below and two electives from the remaining courses listed, for a total of six courses.

Complete the following courses (18 cr):

Code Course Credits

ACC 2101

Accounting I

Complete these courses (9 cr):

This course examines the role that accounting information plays in decision-making and the importance of income, cash flows, and financial position to organizations. Issues are considered from a variety of users’ viewpoints. Included in the course will be (1) a focus on analytic and problem-solving skills, (2) technological and communication skill development, and (3) an awareness of ethical and public policy issues.

Basic computer skills in Microsoft Excel and Word are required.

Fee Materials charge $20.

Fall

3

BUS 3260

Investments and Portfolio Management

A study of investments in stocks, bonds, governments, warrants, options, futures and collectibles. An objective of the course is to provide hands-on investing experience through student portfolio management.

Prerequisite: ACC 2101 & BUS 3230.

Periodically

3

BUS 3320

Applied Principles of Finance

Financial principles introduced in BUS 3320 are applied to business problems and situations. Use of decision-making as it applies to structuring the organization, working capital analysis, financial analysis, capital acquisition and other appropriate topics. Case method is used wherein student is the financial manager.

Prerequisite: BUS 3230.

Periodically

3

BUS 2130

Insurance and Risk Management

Business majors complete this course (3 cr):

General coverage of various types of insurance including the topics: life, accident and health, automobile, fire, residence, and personal liability. Also including the concept of risk and the tools and techniques used by a risk manager.

Periodically

3

BUS 3230

Financial Management

Non-Business majors complete this course (3 cr):

This course covers the principles of how business enterprises refinance; general methods and basic tools of financial management and control, utilization, disposition of funds.

Prerequisite: ACC 2101

Every semester

3

ACC 3211

Corporate Financial Reporting I

And complete 2 of the following (6 cr):

This is the first course in a three-course sequence that provides an in-depth study of generally accepted accounting principles (GAAP) necessary to prepare and comprehend corporate financial reports. The course focuses on the accounting cycle, the conceptual framework, and financial statement preparation. Students are required to perform accounting research, utilize Excel as a problem-solving tool, and utilize Word as a communication tool. U.S. GAAP is emphasized but international GAAP is also considered.

Prerequisite: ACC 2101 and ACC 3010

Fall

3

ACC 3212

Corporate Financial Reporting II

This is the second course in a three-course sequence that provides an in-depth study of generally accepted accounting principles (GAAP) necessary to prepare and comprehend corporate financial reports. This course focuses on recording and reporting issues involving assets, liability, and equity accounts. Students are required to perform accounting research, utilize Excel as a problem-solving tool, and utilize Word as a communication tool. U.S. GAAP is emphasized but international GAAP is also considered.

Prerequisite: ACC 3211

Spring

3

BUS 2140

Personal Finance

A study of the tools used in personal financial planning. The student is introduced to the process used by professional planners and shown how this can be helpful in planning their own financial futures.

Periodically

3

BUS 2460

Worksheets as Analysis Tools

This course will focus on using the power of spreadsheets to assist in the analysis of cases in various areas of business. Excel’s data management, menu-building, and macro capabilities will be explored. Good template design will be emphasized. The class will then build templates to analyze problems in areas of finance, accounting, marketing, and management. Therefore, it is suggested that students have some background in at least two of these areas.

Prerequisite: BUS 1270.

Fee Materials charge $20.

Periodically

3

ECO 3020

Money, Banking, and the Financial Services Sector

An examination of the role of money in the economy. What is money? How does the federal reserve, our central bank, control monetary conditions? We will scrutinize various theories of inflation and how financial markets affect and respond to changes in the value of money: actual or anticipated.

Prerequisite: ECO 2040.

Periodically

3

ECO 3220

International Trade and Development

This course offers an overview of theory, recent data, and controversies surrounding the interlinked topics of international trade and economic development in an increasingly integrated world economy. We will examine the philosophical commitments underpinning the debates, followed by a further examination of economic concepts, and a look at the facts of the global economy, with a primary focus on the developing world.

This course fulfills the Social and Behavioral Understanding Frame of Reference.

Prerequisite: At least one previous course in economics is highly recommended but not required.

Fall, even years

3