What is Finance?
Finance is the study of how individuals, businesses, and organizations acquire and utilize capital (i.e. money) and deploy it efficiently to create value. Two basic elements of finance include the tradeoff between expected returns and risk and the importance of timing of future cash flows.
Opportunities in Finance
Areas: Asset Management, Commercial Banking, Investment Banking / Corporate Finance, Real Estate
Employers: Investment Banking, Asset Managers, Energy Companies, Consulting Companies, Banks/Financial Institutions, Private Equity Companies, State Retirement Systems, Wealth Management Firms, Real Estate Investment Trusts, Property Managers, Developers, Appraisers
BS in Finance
The bachelor of science in finance is a 120-hour program with several learning objectives for students:
- Obtain a broad functional knowledge of basic theory and practice of finance
- Access and analyze financial statements to evaluate the financial health of the firm and the strategies it employs to create value for its shareholders
- Develop and apply financial modeling skills for the valuation of the firm and of individual capital assets, securities, and other investment vehicles
- Apply principles of asset allocation and diversification to formulate portfolio strategies through experiential learning
- Understand and apply various measures to evaluate portfolio performance
- Demonstrate effective skills in written and oral communication, and in teamwork
Students majoring in finance have the opportunity to study from nationally renowned faculty and have access to the Securities Markets Analysis Research and Trading (SMART) Lab, a classroom modeled after an investment company’s trading room. The SMART Lab provides state-of-the-art software, including Bloomberg, and data feeds for financial analysis.