Crookston campus
 
Crookston Campus

Finance B.S.

Business
Academic Affairs
  • Program Type: Baccalaureate
  • Requirements for this program are current for Spring 2018
  • Required credits to graduate with this degree: 120
  • Required credits within the major: 65
  • This program requires summer terms.
  • Degree: Bachelor of Science
The importance of finance for organizations today cannot be underestimated. The ability to understand the markets and how businesses raise and invest capital is highly looked upon among businesses and organizations. Finance is a very broad degree program covering such diverse topics as corporate finance, insurance and risk management, estate planning, investment and money, and banking and financial institutions. Organizations need individuals with the knowledge to calculate contemporary financial measures of performance and risk, as well as the ability to explain how the financial services component industries interact with each other. Graduates from this program will have the skills and experience to compete effectively for entry level employment positions, such as financial analysts, personal financial advisers, actuaries and other positions in securities, commodities, and financial services. Program outcomes for graduates: Describe the dimensions of performance and risk relevant to financial services companies Assess consumer financial needs and the mechanisms available for fulfilling these needs Describe and apply financial concepts, theories and tools Evaluate the role of technology and the legal, ethical and economic environment as it relates to financial services Prepare a personal financial plan for clients
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
  • completely online (all program coursework can be completed online)
  • primarily online (at least 80% of the instruction for the program is online with short, intensive periods of face-to-face coursework)
  • partially online (between 50% to 80% of instruction is online)
Admission Requirements
For information about University of Minnesota admission requirements, visit the Office of Admissions website.
General Requirements
All students are required to complete general University and college requirements. For more information, see the graduation requirements.
Program Requirements
Business Core
A maximum of two D grades are allowed for business, finance, and technology courses required in the program. This includes grades earned at UMC or transferred in from another institution. Business Core - 22 credits
ACCT 2101 - Principles of Accounting I (3.0 cr)
ACCT 2102 - Principles of Accounting II (3.0 cr)
FIN 3100 - Managerial Finance (3.0 cr)
GBUS 1005 - Orientation to Online Learning (1.0 cr)
GBUS 3107 - Legal Environment in Business (3.0 cr)
MGMT 3200 - Principles of Management (3.0 cr)
MGMT 3900 - Internship (1.0-3.0 cr)
MKTG 3300 - Principles of Marketing (3.0 cr)
Finance Requirements
Finance Requirements - 40 credits
ACCT 3201 - Intermediate Accounting I (4.0 cr)
ACCT 4404 - Income Tax I (3.0 cr)
ACCT 4405 - Income Tax II (3.0 cr)
COMM 3008 - Business Writing (3.0 cr)
FIN 3105 - Corporate Finance (3.0 cr)
FIN 3110 - Estate Planning (3.0 cr)
FIN 3115 - Insurance and Risk Management (3.0 cr)
FIN 3120 - Money, Banking and Financial Institutions (3.0 cr)
FIN 3125 - Investment (3.0 cr)
GBUS 3117 - Business Law (3.0 cr)
GBUS 3300 - Business Analytics (3.0 cr)
GBUS 3500 - Business Ethics (3.0 cr)
ITM 3020 - Introduction to Management Information Systems (3.0 cr)
Liberal Education Requirements
A minimum of 40 liberal education credits are required. Students must complete the 10 goal areas of the Minnesota Transfer Curriculum with the following specific liberal education courses required:
COMP 1011 - Composition I [COMMUNICAT] (3.0 cr)
COMP 1013 - Composition II [COMMUNICAT] (3.0 cr)
ECON 2101 - Microeconomics [HI/BEH/SSC] (3.0 cr)
ECON 2102 - Macroeconomics [HI/BEH/SSC] (3.0 cr)
MATH 1150 - Elementary Statistics [MATH THINK] (3.0 cr)
PSY 1001 - General Psychology [HI/BEH/SSC] (3.0 cr)
SPCH 1101 - Public Speaking [COMMUNICAT] (3.0 cr)
MATH 1031 - College Algebra [MATH THINK] (3.0 cr)
or MATH 1250 - Precalculus [MATH THINK] (4.0 cr)
or MATH 1271 - Calculus I [MATH THINK] (4.0 cr)
or MATH 1272 - Calculus II (4.0 cr)
Technology Requirements
Technology Requirements - 3 credits
CA 1020 - Spreadsheet Applications (3.0 cr)
Open Electives
Students must take enough open electives credits to meet the 120 credit graduation requirement. The number of credits needed depends on liberal education course selections. Approximately 15 credits will be needed.
Program Sub-plans
A sub-plan is not required for this program.
Online
The online finance BS program has the same curriculum as the on-campus finance BS program. The importance of finance for organizations today cannot be underestimated. The ability to understand the markets and how businesses raise and invest capital is highly looked upon among businesses and organizations. Finance is a very broad degree program covering such diverse topics as corporate finance, insurance and risk management, estate planning, investment and money, and banking and financial institutions. Organizations need individuals with the knowledge to calculate contemporary financial measures of performance and risk, as well as the ability to explain how the financial services component industries interact with each other. Graduates from this program will have the skills and experience to compete effectively for entry level employment positions, such as financial analysts, personal financial advisers, actuaries and other positions in securities, commodities and financial services. Program outcomes for graduates: Describe the dimensions of performance and risk relevant to financial services companies; Assess consumer financial needs and the mechanisms available for fulfilling these needs; Describe and apply financial concepts, theories and tools; Evaluate the role of technology and the legal, ethical and economic environment as it relates to financial services; And prepare a personal financial plan for clients.
 
More program views..
View sample plan(s):
· Finance BS
· Online

View checkpoint chart:
· Finance B.S.
View PDF Version:
Search.
Search Programs

Search University Catalogs
Related links.

Academic Affairs

Crookston Admissions

Crookston Application

One Stop
for tuition, course registration, financial aid, academic calendars, and more
 
ACCT 2101 - Principles of Accounting I
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Concepts of accounting cycle, cash, accounts receivable, inventories, plant assets, payroll. prereq: Math 1031
ACCT 2102 - Principles of Accounting II
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Modern accounting concepts. Cash flow statement. Analysis of financial statements. Management accounting topics, including cost-volume-profit analysis, and costing methods. prereq: 2101
FIN 3100 - Managerial Finance
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Principle financial considerations/ratio analysis of business. Cost of capital, asset management, capital structure planning, financial statement analysis, working capital management, short-term financing, budgeting. Integrates theory/applications. prereq: [ACCT 2102 or 3010], [ECON 2101, MATH 1031] or instructor consent
GBUS 1005 - Orientation to Online Learning
Credits: 1.0 [max 1.0]
Typically offered: Every Fall, Spring & Summer
Introduction to UMC policies, e-mail, virtual private network, online library resources, writing scholarly reports, APA referencing, netiquette, networking in online environment, group work in online environment.
GBUS 3107 - Legal Environment in Business
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Fundamental concepts of business law, with emphasis on legal system, contracts, bailments, agency, business organizations, fundamentals of commercial law.
MGMT 3200 - Principles of Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Terminology, theories, concepts, and skills of managing. Basic functions of managing including, planning, organizing, leading, and controlling. Additional topics include decision making, business ethics, and social responsibility. prereq: Psy 1001 or instructor consent
MGMT 3900 - Internship
Credits: 1.0 -3.0 [max 6.0]
Typically offered: Every Fall, Spring & Summer
Employed as interns in business firms, institution or agency. Reports/consultations with faculty/employers required.
MKTG 3300 - Principles of Marketing
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to marketing/strategic marketing process. Team development of marketing plan that implements product, pricing, distribution, promotional strategies. prereq: [Econ 2101 or 2102], [Psy 1001 or instructor consent]
ACCT 3201 - Intermediate Accounting I
Credits: 4.0 [max 4.0]
Typically offered: Every Fall
Financial statements, time value of money, current/long-term assets, intangible assets. prereq: 2102
ACCT 4404 - Income Tax I
Credits: 3.0 [max 3.0]
Typically offered: Fall Odd Year
Income tax laws as they relate to individuals.
ACCT 4405 - Income Tax II
Credits: 3.0 [max 3.0]
Typically offered: Spring Even Year
Income tax as it affects corporations partnerships, estates, trusts. May include service-learning component. prereq: 4404
COMM 3008 - Business Writing
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Practical application of writing effective business letters, memos, e-mails, faxes. Tables, other graphics. Informal/formal informational/analytical reports. Professional oral/Web presentations. Development of personal writing style. Practice of appropriate business tone, etiquette. prereq: Comp 1013, Spch 1101
FIN 3105 - Corporate Finance
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
How corporations/other business entities raise capital to finance business endeavors. Legal rules. Transactional/litigation-related aspects of corporate finance. Accounting/valuation. Institutions/players in financial markets. prereq: Fin 3100
FIN 3110 - Estate Planning
Credits: 3.0 [max 3.0]
Typically offered: Every Fall
Accumulation, conservation, distribution of client's acquired property. Estate planning techniques. Identification/use of appropriate forms of wills/trusts. Methods to reduce freezing or eliminating Unified Transfer Tax. Post-mortem planning techniques.
FIN 3115 - Insurance and Risk Management
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Process for handling business risks. Property/liability risks, employee benefit planning, international loss exposures. Risk identification/evaluation. Risk control/financing techniques.
FIN 3120 - Money, Banking and Financial Institutions
Credits: 3.0 [max 3.0]
Typically offered: Every Fall
Principles/roles of money, banking, financial system. Interest rate, monetary policies of central banks. Financial instruments, asset pricing, determination/behavior of interest rates/exchange rates. Management, structure regulation of banking system.
FIN 3125 - Investment
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Key concepts in investment theory from perspective of portfolio manager. Investment theory/problems. Current academic work/application for portfolio choice. prereq: Mgmt 3100
GBUS 3117 - Business Law
Credits: 3.0 [max 3.0]
Prerequisites: 3107
Typically offered: Spring Even Year
Negotiable instruments, bank deposits/collection, bankruptcy, suretyship, partnerships, corporations, federal securities law, accountant's legal liability, property, insurance, trust, estates. prereq: 3107
GBUS 3300 - Business Analytics
Credits: 3.0 [max 3.0]
Typically offered: Spring Odd Year
Concepts, procedures, and technologies used by managers, administrators, and employees to enhance operation of an organization. Use of data mining and analysis to improve decision strategies. prereq: MATH 1150
GBUS 3500 - Business Ethics
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Ethics as compelling responsibility of today's business organizations. Moral principles/models for ethical decision making. Challenges of ethical business practices. prereq: Mgmt 3200 and Mktg 3300 or instructor consent
ITM 3020 - Introduction to Management Information Systems
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Theoretical background/hands-on experience with "software as service" applications. Traditional individual/company hosted software.
COMP 1011 - Composition I (COMMUNICAT)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Process of clear, concrete, and convincing writing. Generation and discovery of subjects, revisions, editing.
COMP 1013 - Composition II (COMMUNICAT)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Writing a research paper/s. Formulating/answering a research question. Developing an organizational/argument strategy for topic/audience. Supporting research question/argument with scholarly sources. prereq: 1011
ECON 2101 - Microeconomics (HI/BEH/SSC)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Basic economic principles of pricing, resource allocation, consumption. Supply/demand, cost of production, consumer behavior. Competition/influences of market structure. prereq: Math 0991 or 2 yrs high school algebra or equiv
ECON 2102 - Macroeconomics (HI/BEH/SSC)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Big picture of economy. Determinants of national income, national income accounting, unemployment, inflation, economic growth. Classical, Keynesian, recent theoretical approaches to modifying economic activity. Monetary/fiscal policies. International economic relations.
MATH 1150 - Elementary Statistics (MATH THINK)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Descriptive statistics, elementary probability, normal distribution, binomial distribution, confidence intervals, tests of hypotheses, correlation, regression, chi-square, ANOVA. prereq: 0991 or ACT math score of 20 or higher
PSY 1001 - General Psychology (HI/BEH/SSC)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall, Spring & Summer
Overview of psychology as scientific study of human/animal behavior. Emphasizes goals of psychology: to describe, understand, predict, and control behavior. Biological, cognitive, affective, and social perspectives.
SPCH 1101 - Public Speaking (COMMUNICAT)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Topic selection, research, organization, rehearsal, and extemporaneous delivery of informative and persuasive speeches.
MATH 1031 - College Algebra (MATH THINK)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Basic algebraic operations, linear/quadratic equations/inequalities, variation. Functions/graphs. Theory of equations. Exponential/logarithmic functions. Systems of equations. Mathmatical modeling/applications. prereq: 0991 or ACT math score of 20 or higher
MATH 1250 - Precalculus (MATH THINK)
Credits: 4.0 [max 4.0]
Typically offered: Every Fall, Spring & Summer
Review of algebra, functions, polynomial, rational, exponential, logarithmic, trigonometric functions, trigonometric identities/equations, systems of equations, determinants/matrices, sequences/series, topics from analytic geometry. prereq: 1031 or ACT math score of 24 or higher
MATH 1271 - Calculus I (MATH THINK)
Credits: 4.0 [max 4.0]
Typically offered: Every Fall
Limits, differential calculus of functions of single variable, applications. Introduction to integral calculus of single variable. prereq: 1250 or ACT math score of 28 or higher
MATH 1272 - Calculus II
Credits: 4.0 [max 4.0]
Typically offered: Every Spring
Techniques of integration, calculus involving transcendental functions, polar coordinates, Taylor polynomials, vectors/curves in space, cylindrical/spherical coordinates. prereq: Math 1271
CA 1020 - Spreadsheet Applications
Credits: 3.0 [max 3.0]
Typically offered: Every Fall, Spring & Summer
Personal/presentation use of spreadsheets that include formulas, functions, what-if analysis, and charts. Focuses on applying spreadsheet applications to individual academic disciplines.