Undergraduate Degree - Finance

Program:
Finance
Program Code:
1267 Finance
Program Level:
Undergraduate
Award Type:
Bachelor of Arts
Start Term:
FS92
College:
Eli Broad College of Business and The Eli Broad Graduate School of Management
Department:
Department of Finance
Relevant Excerpt(s) from Academic Programs:


Excerpt from the official Academic Programs Catalog:

Listed below are the approved requirements for the program from the official Academic Programs Catalog.
Students must consult their advisors to learn which specific requirements apply to their degree programs.
Following this section are the requirements as represented in Degree Navigator, MSU's online advising tool. The Degree Navigator section is only available for programs using Degree Navigator for degree certification.

The Eli Broad College of Business and The Eli Broad Graduate School of Management

Department of Finance

Undergraduate Programs
Finance

Finance encompasses business financial administration, management of financial institutions, investments, financial markets, and the management of risk. Business financial administration includes obtaining external funds in the money and capital markets, selecting and evaluating investment projects, coordinating the flow of funds from operations, and determining the benefits to be returned to suppliers of capital. An understanding of financial concepts and practices along with knowledge of the instruments and participants in the financial markets is vital to sound financial decision making.

The study of financial institutions involves analyzing the management of commercial banks, savings and loan associations, credit unions, insurance companies, and pension funds. The role of these institutions in the economy is examined. Financial policies and strategies in an increasingly competitive institutional marketplace are emphasized.

The field of investments involves the analysis and selection of securities with special emphasis on stocks and bonds. The role of these instruments in portfolios of individuals and financial institutions is explored.

Financial markets represent the environment within which corporations, financial institutions, and investors create financial assets and liabilities. The nature of the various financial instruments is examined, as well as market innovations and structural changes.

The finance major includes a course in intermediate accounting in addition to courses in finance. The program provides a valuable foundation for initial employment and continued career development in business administration. Employment opportunities exist with industrial firms, public utilities, commercial banks, insurance companies, brokerage firms, credit unions, savings and loan associations, and agencies of local, state, and federal government.

Requirements for the Bachelor of Arts Degree in Finance

  1. The graduation requirements of the University as described in the Undergraduate Education section of this catalog; 120 credits, including general elective credits, are required for the Bachelor of Arts degree in Finance.

    The completion of Mathematics 103 and 124 [referenced in item 2. below] may also satisfy the University mathematics requirement.

    The University's Tier II writing requirement for the Finance major is met by completing Finance  414.  That course is referenced in item 3. a. (1) below.
  2. The requirements of The Eli Broad College of Business for the Bachelor of Arts degree in the majors that comprise the Business Administration Programs.
  3. The following requirements for the major:
                   
    a. Major Field of Concentration. A minimum grade-point average of 2.0 in the courses that are listed below.Students may elect to complete more than three of the courses that are listed in item 3. a. (2) below with the understanding that the grades earned in such courses will be included in the computation of the grade-point average of courses in the Major Field of Concentration.  
      (1) All of the following courses (9 credits):  
        ACC 305 Intermediate Accounting for Finance Majors 3
        FI 312 Introduction to Investments 3
        FI 414 Advanced Business Finance (W) 3
      (2) Three of the following courses (9 credits):  
        FI 413 Management of Financial Institutions 3
        FI 451 International Financial Management 3
        FI 455 Computer Applications in Financial  Modeling 3
        FI 457 Security Analysis 3
        FI 473 Debt and Money Markets 3
        FI 478 Investment Strategies and Speculative Markets 3
        FI 491 Topics in Finance 3
        Students may reenroll in Finance 491 for a maximum of 9 credits.  

 


Degree Requirements from Degree Navigator.

NOTE: Degree Navigator is an advising tool only and should not be viewed as a contract with the student. Any questions about the requirements should be directed to an academic advisor.


Finance, BA (1267)

Required Credits: 120    Program Version: FS16

Requirement 1: University Tier I Writing
University Tier I Writing: 1 course from WRA101, WRA195H, LB133, MC111, MC112, RCAH111

Requirement 2: University Mathematics
University Mathematics: The required number of courses from 1 of the following sets of courses
MTH2: 1 course
At least 1 course from LB118, MTH110, MTH116, MTHRQMT, MTHWAIV1, MTHWAIV2, Mathematics Pre-Matriculation, Mathematics Post-Matriculation
MTH1: 2 courses
At least 1 course from MTH103, MTH103WAIV
At least 1 course from MTH112, MTH114, MTH124, MTH132, MTH152H, MTH201, STT200, STT201

Requirement 3: University IAH201 - IAH210
University IAH201 - IAH210: 4 credits from IAH201, IAH202, IAH203, IAH204, IAH205, IAH206, IAH207, IAH208, IAH209, IAH210, RCAH201, ANY IAH BELOW 211

Requirement 4: University IAH211 or higher
University IAH211 or higher: 4 credits from IAH211A, IAH211B, IAH211C, IAH211D, IAH221A, IAH221B, IAH221C, IAH231A, IAH231B, IAH231C, IAH241A, IAH241B, IAH241C, IAH241D, IAH241E, IAH241F, IAH241G, RCAH202, TRANSFER IAH, ANY IAH211 OR HIGHER, approved LB courses

Requirement 5: University ISS200 Series
University ISS200 Series: 4 credits from ISS210, ISS215, ISS220, ISS225, ISS230, ISS235, MC201, TRANSFER ISS 200 LEVEL, ANY ISS 200 LEVEL
Conditions:
University ISS200 Series: No credits from EC201, EC202, EC251H, EC252H, EC210 in Requirement(s) 5

Requirement 6: University ISS300 Series
University ISS300 Series: 4 credits from ISS305, ISS308, ISS310, ISS315, ISS318, ISS320, ISS325, ISS327, ISS328, ISS330A, ISS330B, ISS330C, ISS335, ISS336, MC202, ANY ISS 300 LEVEL, approved LB courses

Requirement 7: University ISB
University ISB: 3 credits from ISB200, ISB201, ISB202, ISB204, TRANSFER ISB, ISB ALTERNATIVE TRACK, ANY 3 CREDIT ISB COURSE

Requirement 8: University ISP
University ISP: 3 credits from ISP203A, ISP203B, ISP205, ISP207, ISP209, ISP213H, ISP215, ISP217, ISP220, ISP221, TRANSFER ISP, ISP ALTERNATIVE TRACK, ANY 3 CREDIT ISP COURSE

Requirement 9: University Laboratory Experience
University Laboratory Experience: The required number of credits from 1 of the following sets of courses
Univ Lab: 2 credits
At least 2 credits from ISB201L, ISB208L, ISP203L, ISP205L, ISP207L, ISP209L, ISP217L, ANY 2 CREDIT ISB/ISP LAB, LAB EXPERIENCE ALTERNATIVE TRACK, TRANSFER LAB
Alternative: 2 credits
At least 1 credit from ISB201L, ISB208L, ISP203L, ISP205L, ISP207L, ISP209L, ISP217L, ANY 2 CREDIT ISB/ISP LAB, LAB EXPERIENCE ALTERNATIVE TRACK, TRANSFER LAB
At least 1 credit from an Alternative Track Lab credit

Requirement 10: University Diversity Distribution
University Diversity Distribution: A total 2 courses
At least 1 course from NationalIAH or ISS courses emphasizing national diversity or both national diversity and international and multicultural diversity
At least 1 course from InternationalIAH or ISS courses emphasizing international and multicultural diversity or both national diversity and international and multicultural diversity
Conditions:
University Diversity Distribution: No more than 1 course from IAH or ISS emphasizing both national diversity and international and multicultural diversity in Requirement(s) 10

Requirement 11: Major - Finance - ACC 305 - Intermediate Accounting for Finance Majors
Major - Finance - ACC 305 - Intermediate Accounting for Finance Majors: 1 course from ACC305

Requirement 12: Major - Finance - FI 312 - Introduction to Investments
Major - Finance - FI 312 - Introduction to Investments: 1 course from FI312

Requirement 13: Major - Finance - FI 414 - Advanced Business Finance (W)
Major - Finance - FI 414 - Advanced Business Finance (W): 1 course from FI414

Requirement 14: Major - Finance - Major Selections
Major - Finance - Major Selections: 9 credits from FI413, FI451, FI455, FI457, FI473, FI478, FI491
Conditions:
Major - Finance - Major Selections: Students may elect to complete more than 3 of the courses that are listed in Requirement 14 with the understanding that the grades earned in such courses will be included in the computation of the GPA of the courses in the Major Field of Concentration. (Applies to Requirement(s) 14)

Requirement 15: Major Distribution - Finance GPA
Major Distribution - Finance GPA: 6 courses from Finance Major Core GPA Requirement

Requirement 16: Electives - Non-Business Electives
Electives - Non-Business Electives: 9 credits from General elective courses outside the Broad College and Depts of Mathematics and Stat & Probability. Courses that are used to satisfy Univ require & Business Core Program may not be used to satisfy this requirement.

Requirement 17: College - Business Core - MTH103 - College Algebra
College - Business Core - MTH103 - College Algebra: 1 course from MTH103, MTH103WAIV, MTH116, MTHRQMT

Requirement 18: College - Business Core - MTH124 - Survey of Calculus I
College - Business Core - MTH124 - Survey of Calculus I: 1 course from MTH124

Requirement 19: College - Business Core - CSE101 - Computing Concepts and Competencies
College - Business Core - CSE101 - Computing Concepts and Competencies: 1 course from CSE101

Requirement 20: College - Business Core - EC201 - Introduction to Microeconomics
College - Business Core - EC201 - Introduction to Microeconomics: 1 course from EC201

Requirement 21: College - Business Core - EC202 - Introduction to Macroeconomics
College - Business Core - EC202 - Introduction to Macroeconomics: 1 course from EC202

Requirement 22: College - Business Core - ACC201 - Principles of Financial Accounting
College - Business Core - ACC201 - Principles of Financial Accounting: 1 course from ACC201

Requirement 23: College - Business Core - ACC202 - Principles of Management Accounting
College - Business Core - ACC202 - Principles of Management Accounting: 1 course from ACC202

Requirement 24: College - Business Core - STT315 - Introduction to Probability and Statistics for Business
College - Business Core - STT315 - Introduction to Probability and Statistics for Business: 1 course from STT315

Requirement 25: College - Business Core - EC340 or MKT310 or MKT393 - International Business Core Requirement
College - Business Core - EC340 or MKT310 or MKT393 - International Business Core Requirement: 1 course from EC340, MKT310, MKT393

Requirement 26: College - Business Core - FI311 - Financial Management
College - Business Core - FI311 - Financial Management: 1 course from FI311

Requirement 27: College - Business Core - GBL295 - Law, Public Policy, and Business
College - Business Core - GBL295 - Law, Public Policy, and Business: 1 course from GBL295, GBL295H, or approved courses

Requirement 28: College - Business Core - ITM309 - Business Information Systems and Technology
College - Business Core - ITM309 - Business Information Systems and Technology: 1 course from ITM309, other approved courses

Requirement 29: College - Business Core - MGT315 - Managing Human Resources and Organizational Behavior
College - Business Core - MGT315 - Managing Human Resources and Organizational Behavior: 1 course from MGT315

Requirement 30: College - Business Core - MKT 300 - Managerial Marketing (I)
College - Business Core - MKT 300 - Managerial Marketing (I): 1 course from MKT300

Requirement 31: College - Business Core - MKT 317 - Quantitative Business Research Methods
College - Business Core - MKT 317 - Quantitative Business Research Methods: 1 course from MKT317

Requirement 32: College - Business Core - SCM303 - Introduction to Supply Chain Management
College - Business Core - SCM303 - Introduction to Supply Chain Management: 1 course from SCM303

Requirement 33: College - Business Core - MGT409 - Business Policy and Strategic Management
College - Business Core - MGT409 - Business Policy and Strategic Management: 1 course from MGT409

Requirement 34: College - Business Core - BUS250 - Business Communications: Oral and Written Skills
College - Business Core - BUS250 - Business Communications: Oral and Written Skills: 1 course from BUS250

Requirement 35: Electives
Electives: 0 credits from Electives at Michigan State University and transfer coursework. This number can change based on the credits of the coursework taken to fulfill University, College, and Major requirements. Please contact your academic advisor with any questions.

Requirement 36: University Residency
University Residency: 30 credits from MSU coursework, 27 credits from MSU courses taken after reaching junior standing, 20 credits from courses offered by MSU while admitted to major & 20 of the last 30 credits must be MSU courses. Please see academic advisor.