Program Overview
This on-campus Finance Minor can be completed in 2-3 semesters and comprises 18 credit hours of courses such as Investments, Financial Markets and Institutions, and Valuation and Financial Decisions. Students gain industry-relevant knowledge and skills in financial management, preparing them for careers in various organizations that require financial expertise.
Program Outline
A minor in Finance complements a wide array of degree plans and provides students industry-relevant knowledge and skills from nationally recognized faculty.
Outline:
- Program type: Minor
- Format: On Campus
- Est.
- time to complete: 2-3 semesters
- Credit Hours: 18
Finance Minor Courses You Could Take:
- Investments (3 hrs): First course for the individual investor.
- Financial Markets and Institutions (3 hrs): Studies in the operations, mechanics and structure of the U.S. financial system. Topics include commercial banking, non-bank financial institutions, money and capital markets, the impact of monetary policy on financial institutions and markets, and an introduction to the international financial system.
- International Finance (3 hrs): International and regional financial institutions and arrangements; balance of payments, theory, adjustments and impact on world trade; role of commercial and central banks in financing international flow; financing exports and imports; the instruments and markets of foreign exchange; determination of exchange rates.
- Valuation and Financial Decisions (3 hrs): Applies the concepts of risk, return and diversification to standard capital budgeting problems. Students are introduced to basic option valuation and to the use of options and futures contracts for hedging purposes. There is a discussion of the implications of market efficiency and agency problems on corporate decisions. Finally, corporate capital structure decisions are examined.
- Corporate Risk Management (3 hrs): Study of financial effects of risk on businesses institutions; identification and evaluation of risk; selection of risk treatment/financing tools; implementation and review of tools used; probability analyses of data and financial evaluation of alternative tools.
Careers:
Every organization — whether it's a small business, Fortune 500 company, nonprofit agency or government organization — needs financial professionals. They help organizations obtain, administer and manage their funds efficiently and wisely.
Other:
In the Department of Finance, Insurance, Real Estate and Law (FIREL), we teach you how to successfully manage all financial aspects of a firm, understand its regulatory rules and realize how it fits into the financial market.
- Corporate financial management
- Investments
- Corporate law and risk management
- Derivative securities, stocks and bonds
- International finance
- Financial statement analysis
- Real estate investments
