2013–2014 Finance Program (FINC)

Program Goals | Program Requirements | Business Core | Bachelor of Science | Bachelor of Arts | Course Descriptions

Division Chair: Jennifer Harrison

Faculty: Gaylen Bunker, Rich Collins, Richard Henage, Lauren Lo Re, Richard Parsons, Rob Patterson

Students can choose either the Bachelor of Science in Finance, or the Bachelor of Arts in Finance.
All students completing undergraduate programs in the Finance Program meet educational requirements for the Accelerated MBA Program for Westminster Graduates.

Program Goals

The Finance Program offers a major leading to a Bachelor of Science or Bachelor of Arts degree that will prepare students for career options in corporate finance, international finance, new venture financing, investments, banking, consulting, or business financial planning. The theoretical and practical aspects of finance are integrated to provide students with critical thinking skills and analytical tools as a foundation for life-long learning. Students completing a Bachelor of Science degree in Finance should:

Program Requirements

To fulfill the requirements for the major in Finance, students must complete the courses outlined below and maintain a minimum 2.3 GPA in all coursework required by the program.

Students must meet the college-wide graduation requirements in addition to the Finance major:

Undergraduate Business Core

Requirement Description
Credit Hours Prerequisites
Lower Division Business Courses 30*  
ACCT 213 Accounting Principles (4)—offered fall, spring, and summer    
ECON 253 Elementary Macroeconomics, LE* (4)—offered fall, spring, and summer    
ECON 263 Elementary Microeconomics (4)—offered fall, spring, and summer   ECON 253 (LE); MATH 141 (LE)
IRM 200 Principles of Information Resource Management*** (4)—offered fall, spring, and summer   co-requisite: MATH 150 (LE)
MATH 141 College Algebra, LE** (4)—offered every semester   MATH 105 or placement test
MATH 150 Elementary Statistics, LE** (4)—offered every semester   MATH 105 or placement test
MGMT 230 Business Quantitative Methods*** (3)—offered fall, spring, and summer   MATH 141 (LE), 150 (LE)
PHIL 206  Introduction to Ethics, LE * (3)    
Upper Division Business Courses 20  
FINC 300 Business Finance (4)—offered fall, spring, and summer   ACCT 213; ECON 253 (LE), 263; IRM 200; MATH 141 (LE), MATH 150 (LE)
MGMT 305 Principles of Management (4)—offered fall, spring, and summer   MATH 141 (LE)
MGMT 325 Business and Employment Law (4)—offered fall and spring   MGMT 305, MATH 141 (LE)
MGMT 475 Strategy in Global Management**** (4)   senior standing; see course description
MKTG 300 Principles of Marketing (4)—offered fall, spring, and summer   MATH 141 (LE)
TOTAL REQUIRED HOURS 50  

Notes:
* Students taking these courses as part of LE can double count these courses.
** Only one of MATH 141 and MATH 150 will count toward LE, but both are required. Students may be required to take both, based on math placement exams.
*** IRM 200 and MGMT 230 may be taken in the same semester as co-requisites.
**** In certain majors, Senior Seminar may substitute for MGMT *475

Bachelor of Science in Finance

Requirement Description
Credit Hours Prerequisites
I. Undergraduate Business Core 50  

Please refer to Undergraduate Business Core for requirements.

   
II. Major Requirements 20  
The following courses are required for Finance Majors:    
FINC 305 Investment and Analysis (4)—offered fall and spring   FINC 300
FINC 309 Concepts and Apps. of Corp Finance (4)—offered fall and spring   FINC 300
FINC 495 Strategic Financial Mgmt & Entrepreneurship (4)—offered fall and spring   FINC 300, 305, 309, senior standing
     
Students can elect to take between 4–8 credits from the following electives:    
FINC 310 Financial Institutions and Industrial Banking (4)—offered fall   FINC 300
FINC 320 Financial Derivatives (4)—offered spring    
FINC 405 Investment Strategies and Applications (4)—offered fall and spring   FINC 300, 305
FINC 435 International Finance (4)—offered fall and spring   FINC 300
FINC 493 Business Forecasting (4)—offered spring   MATH 150 (LE), ECON 253 (LE), 263, FINC 300
FINC Any upper division course approved by advisor (4)    
ECON 303 Money and Banking (4)—offered fall   ECON 253 (LE), 263; MATH 141 (LE)
ECON 499 Econometrics (4)—offered fall   ECON 253 (LE), 263; MATH 141 (LE), 150 (LE)
     
Students can also choose up to four hours as electives from the following:    
FINC 315 Personal Financial Planning & Insurance (4)—offered fall   FINC 300
FINC 316 Retirement Planning & Employee Benefits (4)—offered spring    
FINC 317 Securities Regulations and Trading (4)—offered spring    
III. Practice/Experience Courses 2–4  
FINC 440* Internship (2–4)
or
  FINC 300; junior/senior standing, see course descriptions
FINC 441* Finance Practicum (4)
or
  FINC 300; MATH 150 (LE); junior/senior standing
FINC 442* Professional Portfolio (2) 2–4   FINC 300; junior/senior standing, see course descriptions
*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.    
TOTAL HOURS FOR THE B.S. FINANCE PROGRAM 72–74  

Note: All students must complete 124 hours of coursework to graduate, 30 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Bachelor of Arts in Finance

Requirement Description
Credit Hours Prerequisites
I. Undergraduate Business Core 50  

Please refer to Undergraduate Business Core for requirements.

   
II. Bachelor of Arts Requirements 12  
Students completing the Bachelor of Arts option (B.A.) must complete either:    
a. A declared academic minor other than a Business minor; or    
b. Twelve credit hours of a single foreign language; or    
c. Eight credit hours of a single foreign language, and either:    
  • four credit hours of a Westminster May term study/cultural international experience, or
  • four credits of an international study tour transferred from an accredited college or university.
   
See Foreign Language Requirement for equivalencies, AP and CLEP credit policy.    
III. Major Requirements 20  
The following courses are required for Finance Majors:    
FINC 305 Investment and Analysis (4)—offered fall and spring   FINC 300
FINC 309 Concepts and Apps. of Corp Finance (4)—offered fall and spring   FINC 300
FINC 495 Strategic Financial Mgmt and Entrepreneurship (4)—offered fall and spring   FINC 300, 305, 309, senior standing
     
Students can elect to take between 4–8 credits from the following electives:    
FINC 310 Financial Institutions and Industrial Banking (4)—offered fall   FINC 300
FINC 320 Financial Derivatives (4)—offered spring    
FINC 405 Investment Strategies and Applications (4)—offered fall and spring   FINC 300, 305
FINC 435 International Finance (4)—offered fall and spring   FINC 300
FINC 493 Business Forecasting (4)—offered spring   MATH 150 (LE), ECON 253 (LE), 263, FINC 300
FINC Any upper division course approved by advisor (4)    
ECON 303 Money and Banking (4)—offered fall   ECON 253 (LE), 263; MATH 141 (LE)
ECON 499 Econometrics (4)—offered fall   ECON 253 (LE), 263; MATH 141 (LE), 150 (LE)
     
Students can also choose up to four hours as electives from the
following:
   
FINC 315 Personal Financial Planning & Insurance (4)—offered fall   FINC 300
FINC 316 Retirement Planning & Employee Benefits (4)—offered spring    
FINC 317 Securities Regulations and Trading (4)—offered spring    
IV. Practice/Experience Courses 2–4  
FINC 440* Internship (2–4)
or
  FINC 300; junior/senior standing, see course description
FINC 441* Finance Practicum (4)
or
  FINC 300; MATH 150 (LE); junior/senior standing
FINC 442* Professional Portfolio (2)   FINC 300; junior/senior standing, see course description
*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.    
TOTAL HOURS FOR THE B.A. FINANCE PROGRAM 84–86  

Note: All students must complete 124 hours of coursework to graduate, 30 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Recommended Plan of Study for Finance

 

Fall Semester

Spring Semester
Freshman Year ECON 253
MATH 141
Language I (B.A.)
MATH 150
Language II (B.A.)
Sophomore Year ACCT 213
ECON 263
IRM 200
Language III (B.A.)
FINC 300
MGMT 230
MGMT 305
PHIL 206
Junior Year FINC 305
MGMT 325
MKTG 300
FINC 309
FINC Elective
Senior Year FINC Elective
FINC Elective (B.S.)
FINC 440/441/442
FINC 495
MGMT 475