Within our economic system, finance is concerned with capital, which is money or property owned or used in business. Finance majors study both the sources of capital and the uses of capital. The finance curriculum revolves around the valuation process in a free market system. Once an individual or company can value various alternatives, the allocation of resources and the decision process in business becomes much simpler.
Students who are interested in business should have a thorough understanding of the financial process. Upon graduation, students accept a wide variety of positions with business in general. The curriculum of the finance major is designed to give the student breadth in a variety of fields in addition to finance and business.
The topics covered in finance include: financing the business enterprise; the costs and sources of capital; risk and uncertainty in the decision-making process; dividend policy; the capital expenditure process; investment principles; financing international business transactions; conditions and trends in the money and capital markets; and business fluctuation and forecasting.
Aztec Equity Fund - with assets around $100,000, the AEF is one of the first student-run equity funds in the United States to have capital raised entirely by the student participants.
Finance and Investment Society - a professional student organization, which provides an opportunity for all majors to develop their professional competency. Our organization incorporates four main areas of emphasis including professional development, social interaction, campus involvement, and a strong presence in the community. These areas are included into our program to strengthen business skills, as well as for personal enrichment.
Student Organizations - Delta Sigma Pi and Alpha Kappa Psi are two of the Professional Business Fraternities offered to College of Business students.
Business Honors Program - The program challenges students to integrate their Business education with material across the university and within the broader community. Students in the program build strong critical thinking skills and are challenged to apply those skills in a broad context.
Business Advising Center - The mission of the Business Advising Center is to enhance the quality of the College's undergraduate program by providing information, counseling, and advising to current and prospective undergraduate students.
A Board of Directors composed of stellar local and national business leaders provides direction to the College of Business Administration on a regular basis.
Employment prospects for graduates with finance majors are good and forecasts remain encouraging. Graduates are found in various types of employment: large and small industrial firms (manufacturers of automobiles, steel, household appliances, and electronic equipment); service oriented firms (electric power, real estate and retail firms); financial institutions (banks, credit unions, state and federally chartered savings and loan associations, and insurance companies); nonprofit enterprises (universities, labor unions, and foundations); and private businesses.
The diversity of entry-level positions obtained by finance majors makes it difficult to describe a typical position. A major in finance does not limit career potential to banking or to any single area of business. A large number of individuals go to work for industrial companies in a variety of entry-level positions that allow them to develop into top decision-making positions with those companies. A significant number of chief executive officers and other senior officers of corporations have followed the "finance path" to the top.
You can view more complete information regarding the Finance program in the General Catalog. All students are responsible for reading and knowing the information pertinent to their areas of study available in the General Catalog. It contains requirements for all academic majors, course descriptions, policies, and regulations governing progress at the university. Catalogs are distributed at all New Student Orientation programs. To order a General Catalog, call (619) 594-7535.