COLLEGE of BUSINESS
FINANCE
Associate Professor Lizbeth Ellis, department head
Professors Compton (Emeritus), Fortin, Martin, Oretskin; Associate Professors DeBoyrie, Garland, Goldberg, Query, Roth, Sankaran; Assistant Professor Johns; College Assistant Professor Berryman
(575) 646-3201
DEGREE: Bachelor of Business Administration
MAJOR: Finance
- OPTION: Banking
- OPTION: Insurance and Financial Services
MINOR: Finance Insurance Banking
DEGREE: Bachelor of Business Administration
MAJOR: Finance
Finance is the management of money and cash flow for business organizations, government and individuals. The study of finance involves examining the theory and techniques of managing money, including analysis and management of risk. Finance students learn to apply tools and concepts from mathematics, statistics, economics and accounting to financial decision-making. With this knowledge, finance graduates are in high demand by employers and command some of the highest salaries for college graduates. Finance majors have a choice of finance electives. This flexibility allows students to focus their finance program on financial management, investments, banking, and/or insurance.
Major Courses (24 credits)
| FIN 355, Investments | 3 |
| FIN 385, Analysis of Financial Markets and Institutions | 3 |
| FIN 406, Theory of Financial Decisions | 3 |
| Finance electives: Any four additional, upper division, finance courses | 12 |
| Any upper-division accounting course | 3 |
The finance electives prepare students for careers in specific areas of finance. Students may choose electives in banking, investments, financial management, international finance, real estate or insurance depending on their career goals and their interests.
OPTION: Banking
The banking option was established to provide the regional banking community with timely research and a source of new employees who recognize the specialized needs of financial institutions and the banking industry. This program encourages an internship or co-op experience in a bank or other financial institution.
Major Courses (30 credits)
| ACCT 301, Financial Accounting I | 3 |
| ACCT 403, Federal Taxation I | 3 |
| FIN 355, Investments | 3 |
| FIN 360, Financial Information Technology | 3 |
| FIN 385, Analysis of Financial Markets and Institutions | 3 |
| FIN 406, Theory of Financial Decisions | 3 |
| FIN 466, Financial Policy Decisions | 3 |
| FIN 480, Management of Financial Institutions | 3 |
| ACCT elective or BLAW 418, Uniform Commercial Code and Advanced Business Law | 3 |
| FIN upper division elective* | 3 |
*Students transferring from the Doña Ana Branch Community College may substitute OEBU 213, Consumer Lending or OEBU 225, Introduction to Commercial Lending to satisfy the Finance upper division elective requirement.
OPTION: Insurance and Financial Services
The Insurance and Financial Services option was established to provide the insurance industry in the region with a source of new employees who recognize the specialized needs of the insurance industry. This program encourages an internship or co-op experience in an insurance company or an insurance agency.
Major Courses (24 credits)
| FIN 355, Investments | 3 |
| FIN 385, Analysis of Financial Markets and Institutions | 3 |
| FIN 406, Theory of Financial Decisions | 3 |
| FIN 322, Principles of Insurance | 3 |
| Finance electives: Any three of the following courses | |
| FIN 323, Life/Health/Employee Benefits | 3 |
| FIN 324, Property and Liability Insurance | 3 |
| FIN 325, Real Estate Principles and Law I | 3 |
| FIN 326, Business Risk Management | 3 |
| FIN 392, Insurance Internship and Cooperative Education I | 3 |
| Any upper-division accounting course | 3 |
MINOR: Finance
The minor in Finance, available to students of all majors (business and non-business), is designed to give students the opportunity to select their minor courses to provide a focus on any one of several sub-specialties within the field of Finance. Faculty advisors in the department can assist students in selecting their Finance electives to provide a focus in financial management, investments, banking, or insurance. Requirements: Completion of the courses listed below with a minimum cumulative GPA of 2.0 in these courses and a minimum cumulative GPA of 2.0 in the FIN courses.
Foundation Courses (9 credits):
| ACCT 252, Financial Accounting | 3 |
| ECON 201, Introduction to Economics; or ECON 251G, Principles of Macroeconomics; or ECON 252G, Principles of Macroeconomics | 3 |
| FIN 341, Financial Analysis and Markets | 3 |
Minor Courses (9 credits)
| Finance electives: any three additional, upper division, finance courses | 9 |
Business Elective (3 credits)
| Any additional upper division business course | 3 |
MINOR: Insurance
The minor in Insurance is available to students of all majors (business and non-business) and is designed to give students the opportunity to obtain specialized expertise in the field of insurance. Students pursuing this option will be advised by the director of the insurance studies program and will be encouraged to pursue internships and coop experiences in the insurance industry.
Requirements: Completion of the courses listed below with a minimum cumulative GPA of 2.0 in these courses.
Foundation Courses (6 credits):
| BLAW 316, Legal Environment of Business; or BLAW 385G, Consumers and the Law | 3 |
| FIN 322, Principles of Insurance | 3 |
| FIN 341. Financial Analysis and Markets | 3 |
Minor Courses (12 credits)
| Insurance electives: Three additional upper division finance courses chosen from FIN 323, Life/Health/Employee Benefits; FIN 324, Property and Liability Insurance; FIN 325, Real Estate Principles and Law I; FIN 326, Business Risk Management; and FIN 392, Insurance Internship and Cooperative Education I (with placement with an insurance industry employer) | 9 |
Business Elective (3 credits)
| Any additional upper division business course | 3 |
MINOR: Banking
The minor in Banking, available to students of all majors (business and non-business), is designed to give students the opportunity to obtain specialized expertise in the field of Banking. Students pursuing this option will be advised by the coordinator of the Banking program and will be encouraged to pursue internships and co-op experiences in the Banking industry.
Requirements:
Completion of the courses listed below with a minimum cumulative GPA of 2.0 in these courses.
| ACCT 252, Financial Accounting | 3 |
| FIN 341, Financial Analysis and Markets | 3 |
| FIN 385, Analysis of Financial Markets and Institutions | 3 |
| FIN 480, Management of Financial Institutions | 3 |
Banking Electives:
| Two additional upper division courses chosen from FIN 322, Principles of Insurance; FIN 355, Investments; FIN 391, Finance Internship (with emphasis in Banking); ACCT 301, Financial Accounting I; BLAW 418, Uniform Commercial Code and Advanced Business Law | 6 |
Prerequisites:
All courses in this program have prerequisites. Please see course descriptions in the catalog for prerequisites.