Finance Minor

Overview

The finance minor is designed to provide students in other majors a deeper understanding of finance and how it impacts organizations.
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Minor Requirements

18 credit hours

Complete the following:

An introduction to the finance function of a business entity. Specific topics to be studied include capital budgeting, cost of capital determination, sources of financing, leverage and its effect on the profits and risk of business, and managing the asset mix and capital structure of a business. Prerequisites: ACCT 271 Principles of Financial Accounting, ACCT 272 Principles of Managerial Accounting (may also be a co-requisite), ECON 211 Principles of Macroeconomics and college level statistics course 200 level or higher. Students who've taken PSYC 240 or SOCI 340 must also complete MATH 150 or higher, or have a SAT math score of 620 or higher or have an ACT score of 28 or higher.

Choose three of the following:

Course provides an overview of international trade and finance. Trade theory is applied to understanding the direction of trade flows, the impact of trade barriers, and the role of bilateral and multilateral trade negotiations. The international finance portion of the course will consider the balance of payments, foreign exchange rates, and the globalization of financial markets. Throughout the course attention will be paid to global and national institutional arrangements which determine and influence trade and financial flows. Prerequisites: ECON 211 Principles of Macroeconomics and ECON 212 Principles of Microeconomics.
This course is a second level financial management course that provides more depth in the study of the analysis of financial statements, working capital management, and obtaining credit. Students will determine the cost of capital of a firm and apply its use in capital budgeting and asset valuation. Prerequisite: FINC 260 Business Finance.
This is an exploration of financial markets and institutions. The course will examine the role of depository institutions, insurance companies, investment banks and other financial intermediaries in the global economy. Topics include recent developments in financial markets and in the regulatory environment of these markets and institutions. Prerequisites: ECON 211 Principles of Macroeconomics, ECON 212 Principles of Microeconomics and FINC 260 Business Finance.
In this course, we will cover Topics 33 – 41 of the CFP Board Principal Knowledge Topics. Areas of focus will include: characteristics, uses and taxation of investment vehicles, types of investment risk, measures of investment returns, asset allocation and diversification, bond and stock valuation, portfolio development and analysis, investment strategies, and alternative investments. Prerequisites: FINC 250 Personal Financial Planning for Professionals, FINC 320 Income Tax Planning and FINC 260 Business Finance.
This course will emphasize financial forecasting, modeling, and simulation to determine the impact of management decisions on profitability, financial position, and cash flows of the firm. It will also focus on the analysis of risk and return, risk management, and capital structure. Prerequisite: FINC 300 Intermediate Financial Management.
This seminar will focus on current issues and developments in the field of finance. Prerequisites: FINC 300 Intermediate Financial Management and senior standing.

Complete the following:

Choose two courses from ACCT, BUSN, ECON, ENPR, FINC, GBSN, MGMT or MKTG disciplines  (6 hours)