Finance B.S.

The finance curriculum is designed to equip students with a comprehensive foundation in financial management, financial markets and investments. Students will gain competence in making effective decisions, performing complex analyses, providing expert financial advice and utilizing current technology tools and data sources.

Basic Requirements for Finance Major

All students must complete a faculty-approved plan of study during the first semester of their junior year. The plan of study is available from a finance faculty advisor and must be completed and signed by the faculty advisor. Failure to implement and adhere to a program of study may delay graduation. Some courses have grade requirements in the prerequisite course (see the catalog course descriptions). Many of these courses may be taught once a year, so students should see their advisor for the schedule each academic year.

Bachelor of Science - Finance

College of Business

Degree Specific Credits: 72-74

Required Cumulative GPA: 2.0

Catalog Year: 2018-2019

Notes:

  • At least 54 credits must be earned in Business classes (ECNS, COB internship and COB faculty let study abroad courses may be counted in OR out of Business). A minimum GPA of 2.0 is required for these courses.
  • At least 60 credits must be earned outside of the College of Business(excluding HHP/ACT activities courses).
  • At least 27 credits in business, the capstone course, AND all required 400-level finance courses must be taken at UM.
  • All business credits transferred in after matriculating to UM must be pre-approved by the department chair in your major.

General Education Requirements

Information regarding these requirements can be found in the General Education Section of the catalog. 


Summary

College of Business Requirements48-50
Primary Lower Core Courses
Math Requirement
Statistics Requirement
Secondary Lower Core Courses
Upper Major Core Courses
Capstone and Upper-Division Writing Requirement
Finance Major Requirements15
Finance Major Electives9
Total Hours72-74

College of Business Requirements

Primary Lower Core Courses

Note: Unless a higher grade requirement is specified, all primary lower core courses must be completed with a C- or better and a 2.0 GPA must be earned in the seven (7) listed courses prior to admission into an upper-division Business Major.

Complete all of the following courses:
ACTG 201Principles of Financial Accounting3
ACTG 202Principles of Managerial Accounting3
BMIS 270MIS Foundations for Business3
ECNS 201SPrinciples of Microeconomics3
Total Hours12

Minimum Required Grade: C-


Math Requirement

Notes:

  • The Finance Department encourages that a student take M 162 to complete the math requirement to better prepare for a major in Finance. However, M 115, M 121, or M 151 will be accepted for students who choose not to take M 162.
  • The College of Business requires that credit be earned for one of the math courses below (with a C- or better) before enrolling in ACTG 202.
  • A student's score on the ALEKS Math Placement Exam or the Maplesoft Math Placement Exam does not waive this math requirement.
Complete one of the following courses:3-4
Probability and Linear Mathematics
College Algebra
Precalculus
Applied Calculus
Total Hours3-4

Minimum Required Grade: C-

Statistics Requirement

Note: This is a primary lower core course. The College of Business requires that credit be earned for STAT 216 (preferred) or one of the other statistics courses below (with a C- or better) prior to being admitted into an upper-division College of Business major.

Complete one of the following courses:3-4
Forest Biometrics
Psychological Statistics
Social Statistics
Introduction to Statistics (preferred)
Total Hours3-4

Minimum Required Grade: C-

Secondary Lower Core Courses

Note: All courses must be completed with a "C-" or better to satisfy prerequisites for certain major, upper major core, or capstone courses. Students are advised to complete these courses prior to being admitted to an upper-division Business Major. Prerequisites are strictly enforced.

Complete all of the following courses:
BGEN 220EBusiness Ethics and Social Responsibility (Students must complete this course with a C- or better prior to taking the capstone, though earlier completion is strongly encouraged.) Ethical & Human Values Requirement3
COMX 111AIntroduction to Public Speaking (Students must complete this course with a C- or better prior to taking the capstone, though earlier completion is strongly encouraged.) Expressive Arts Requirement3
CSCI 172Intro to Computer Modeling3
ECNS 202SPrinciples of Macroeconomics Social Science Requirement3
Total Hours12

Minimum Required Grade: C-

Upper Major Core Courses

Note:

  • BFIN 322 must be completed with a C or higher as a prerequisite to the finance major requirements.
  • All upper major core courses must be completed before the capstones can be taken. A student must be listed as a major or minor in business to take these courses. Major or minor in business is defined as junior standing with all primary lower core courses completed, a 2.0 cumulative GPA, and formally admitted to the major or minor.
Complete all of the following courses:
BFIN 322Business Finance3
BGEN 361Principles of Business Law3
BMGT 322Operations Management3
BMGT 340Management & Organization Behavior3
BMKT 325Principles of Marketing3
Total Hours15

Minimum Required Grade: C-

Capstone and Upper-Division Writing Requirement

Notes: 

  • Students must complete all primary and secondary lower core and upper core courses and their prerequisites and have an approved graduation application to register for their capstones.
  • Students must pass the required comprehensive exam as well as all requisite coursework to earn a passing grade in STAT 216.
  •  must be taken at UM.
  • This course also satisfies the UM and College of Business upper-division writing requirement. 
Complete the following course:
BGEN 499Strategic Management3
Total Hours3

Minimum Required Grade: C-


Finance Major Requirements

Note: Finance major courses only offered once per academic year. All required 400-level finance courses must be taken at UM.

Complete all of the following courses:
BFIN 420Investments3
BFIN 424Markets, Instns & Fin Enginrng3
BFIN 429Fin Mgmt I:Thry/Analysis3
BFIN 439Fin Mgmt II: Analysis/Problems3
BFIN 450Banking3
Total Hours15

Minimum Required Grade: C-


Finance Major Electives

Note:

  • BFIN 205S is encouraged for Finance majors, but does not count as an elective for the Finance Major.
  • These 9 credits are selected in consultation with your faculty advisor. A signed track sheet reflecting these courses is required on file in the College of Business Advising Office.
  • Up to 3 credits of BFIN 498 can count towards the 9 credit elective requirement.
Complete 9 credits from the following courses:9
Corporate Reporting I
Acct Information Systems I
Cost/Mgmt Acct I
Analysis of Finan Statements
$50,000 Portfolio
Multinational Financial Mgmt
Internship
Intermediate Micro with Calc
Intermediate Macroeconomics
Introduction to Econometrics
Total Hours9

Minimum Required Grade: C-