Calendar 2005-2006 - The University of Akron

6400: Finance
The primary mission of the Department of Finance is to provide a quality education
to students that will prepare them for leadership positions within the finance
profession in business. Students acquire financial knowledge and skills that can
be applied in a variety of environments. The study of finance prepares students to
understand the financial transactions in today’s global economy. Careers in
finance include corporate finance, investment management, financial markets
and institutions, and personal financial services.
Careers in corporate finance include financial analyst positions in manufacturing,
commercial, and service enterprises where initial assignments might include
financial planning, capital expenditure analysis, cash management, credit management,
lease evaluation, mergers and acquisitions, and special projects. Students
with an interest in investment management are trained for careers as account
executives, security analysts, or portfolio managers in bank trust departments,
securities brokerage firms, investment research firms, and investment banks.
Careers in financial markets and institutions are available in banking, mutual
funds, insurance companies, and other financial institutions. Banking careers
include commercial lending, retail banking, treasury operations, trading, and trust
operations. The rapidly expanding financial services field includes careers in personal
financial planning, real estate, and insurance.
The finance curriculum offers students the opportunity to study in one of two
specific areas of specialization – Corporate Financial Management and Financial
Services. Students in the Financial Services program may also achieve a
Concentration in Real Estate or Personal Financial Planning.
To receive a Bachelor of Science in Business Administration/Finance degree, the student
must successfully complete one or the other of these 33-credit-hour programs:
Corporate Financial Management Program
All finance majors must complete four required major (core) courses with an average
grade of “C” over the four courses. In addition, students in the Corporate
Financial Management Program must complete five additional courses, one
required and four electives:
• Finance Core: Credits
6400:338 Financial Markets and Institutions 3
6400:343 Investments 3
6400:379
• Required:
Advanced Business Finance 3
6400:473 Financial Statement Analysis 3
6400:485
• Electives:
Financial Strategy 3
Select at least eighteen credits. Students must complete six credits of 6200 courses (choosing
either 6200:321 and 6200:322 or 6200:430 and 6200:431) and twelve 6400 credits from the
following:
6100:495 Internship in Business Administration 3
6100:497 Honors Project in Business Administration 2-3
6200:321 Intermediate Accounting I 3
6200:322 Intermediate Accounting II 3
6200:430/530 Taxation I 3
6200:431/531 Taxation II 3
6400:323 International Business Law 3
6400:403 Real Estate Finance 3
6400:417 Retirement and Estate Planning 3
6400:436 Commercial Bank Management 3
6400:438/539 International Banking 3
6400:481 International Business Finance 3
6400:490 Selected Topics in Finance 1-3
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Financial Services Program
All finance majors must complete three required major (core) courses with an
average grade of “C.” In addition, students in the Financial Services Program
must complete at least 24 credits from those listed below:
• Finance Core: Credits
6400:338 Financial Markets and Institutions 3
6400:343 Investments 3
6400:379 Advanced Business Finance 3
• Select at least twenty-four credits from the following:
6100:495 Internship in Business Administration 3
6100:497 Honors Project in Business Administration 2-3
6200:410 Taxation for Financial Planning 3
6400:323 International Business Law 3
6400:332 Personal Financial Planning 3
6400:390 Real Estate Principles:A Value approach 3
6400:402 Income Property Appraisal 3
6400:403 Real Estate Finance 3
6400:415 Risk Management and Insurance 3
6400:417 Retirement and Estate Planning 3
6400:424 Legal Concepts of Real Estate 3
6400:432 Seminar in Financial Planning 3
6400:436 Commercial Bank Management 3
6400:447 Security and Portfolio Analysis 3
6400:473 Financial Statement Analysis 3
6400:490 Selected Topics in Finance 1-3
6600:275 Professional Selling 3
Financial Services Program – Real Estate Concentration
A finance major completing the Financial Services Program with at least three of
the courses below (9 credits) will be awarded a Concentration in Real Estate:
6400:390 Real Estate Principles: A Value Approach* 3
6400:402 Income Property Appraisal* 3
6400:403 Real Estate Finance* 3
6400:424 Legal Concepts of Real Estate* 3
Financial Planning Concentration
A finance major completing the Financial Services Program who completes the
following courses will be awarded a Concentration in Financial Planning and will
qualify to sit for the Certified Financial Planner Certification Examination as administered
by the Certified Financial Planner Board of Standards:
6200:410 Taxation for Financial Planning 3
6400:332 Personal Financial Planning 3
6400:343 Investments 3
6400:415 Risk Management and Insurance 3
6400:417 Retirement and Estate Planning 3
6400:432 Seminar in Financial Planning 3
* 6400:390, 402, 403 and 424 are accepted by the Ohio Real Estate Commission to satisfy course
work necessary for the Ohio License requirement.