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2017-2018

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Finance

Degree Type: Bachelor of Science
College(s): College of Business

Why Choose Finance?

The Finance major is designed for students who are interested in the stewardship of the financial resources of individuals, corporations, or financial institutions. As future managers, students learn the principles and applications of financial analysis, management, and strategy. The program equips students with the theoretical understanding and practical skills necessary to evaluate and direct decisions regarding the allocation of financial resources among a variety of competing opportunities with the goal of maximizing the value of the resources being managed.

Career Opportunities

Money and finance touch almost every aspect of business and life. That’s why finance is a wise career choice for anyone with broad business interests. The function of finance involves decisions on how to best use money. Financial planning binds together all functions of an organization, and it takes special skills to deal with the complexities of keeping a firm profitable.

Graduates with Finance degrees find positions in a variety of companies and agencies with duties including analysis, planning and control, capital management, short-term and long-term financing, investment, security analysis and portfolio management. These occupations generally offer attractive starting salaries and working conditions. The need for finance graduates is expected to continue to rise in the next decade.

According to the recent edition of the Bureau of Labor Statistics Occupations Outlook Handbook, in the decade from 2014-2024, the employment of financial analysts, financial examiners, and personal financial advisors is expected to grow much faster than the average for all occupations. In addition, employment of financial managers, securities, commodities, and financial services agents is expected to grow about as fast as the average for all occupations. The areas you can work for:

Commercial Banking, Corporate Finance, Financial Planning, Government, Hedge Funds, Insurance, Investment Banking, Money Management Private Equity, Real Estate, and others.

Helpful links:

http://www.careers-in-finance.com/

http://www.careeroverview.com/finance-careers.html

http://www.monster.com/finance-careers

http://money.usnews.com/careers/best-jobs/rankings/best-business-jobs

Admission Requirements

New students: 2.5 high school GPA (on a 4.0 scale) and two of the three criteria below: (1) English ACT score of 16 or higher, or SAT Writing score of 370 or higher; (2) Math ACT score of 19 or higher, or SAT Math score of 460 or higher; (3) Reading ACT score of 19 or higher, or SAT Reading score of 430 or higher.

Transfer students: Combined college or university GPA of 2.35 (on a 4.0 scale) from all institutions attended. GPA is based on completion of 12 credit hours or more. Transfer equivalency for FSU's ENGL 150 or placement during the first semester at FSU which would require an ACT English score of 16 or higher; Compass score 70 – 100. Transfer equivalency for FSU's MATH 115 or placement during the first semester at FSU which would require an ACT Math score of 19 or higher; Compass Algebra score 46 - 74 and HS Algebra with 2.0. 

Exceptions for new and transfer students: Applicants not meeting the above criteria but having a 2.35 high school GPA and at least a 16 ACT in Math and Reading and a 13 ACT in ENGLISH (2.00 overall GPA for transfer students) can be considered for conditional admission in a College of Business pre-program. Any mitigating circumstances will be considered on an individual basis by the College of Business dean’s office.

Pre-program students must complete a minimum of 12 FSU credits (excluding developmental courses) with a 2.35 GPA; courses must include ENGL 150 and MATH 115 before being considered for admission into their program of choice. Students must meet admission criteria for their chosen degree program by the time they have earned 30 credits.

More Information:
Additional guidance can be found on the College of Business web page under the Admissions tab.

General Education Requirements

All general University General Education requirements can be found here: http://www.ferris.edu/htmls/academics/gened/courses/GenEd-bachelor.pdf

Please consult this link for a complete listing of General Education Electives: https://wwws.ferris.edu/academics/gened/courses/

Graduation Requirements

The Finance program at Ferris leads to a Bachelor of Science degree in business. Graduation requires a minimum 2.0 GPA in core classes, in the major and overall.

More Information

Accoutancy, Finance & Info Systems
119 South Street, BUS 212
Big Rapids, MI 49307-2284
231-591-2434


The College of Business is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).  Next Accreditation Review is February 2018.
http://www.acbsp.org

Required Courses
Credit Hours

Business Core - 30 Credits Required

Princ. of Financial Accounting
3
Princ of Managerial Accounting
3
Contracts and Sales
3
Integrating Experience
3
Financial Management 1
3
Business Information Systems
3
Applied Management
3
Quality-Operations Mgmt
3
Principles of Marketing
3
Introduction to Statistics
3

Finance Major Courses - 27 Credits Required

Intermediate ACCT Concepts
3
Mathematics of Finance
3
Financial Markets-Institutions
3
Financial Management 2
3
Fin Analysis & Forecasting
3
Investment Principles
3
Financial Modeling
3
Problems in Finance
3
Inferential Statistics
3
Directed Electives - 11/12 Credits Required (Must receive prior approval from your advisor)
Finance Directed Electives - 6 Credits
Introduction to Derivatives
3
Portfolio Management
3
Finance Internship
1 TO 6
Choose one:
International Finance
3
or
Foundations Risk Mgmt & Insur
3
Business Directed Electives - 5/6 Credits
Cost Accounting 1
3
Choose one:
ACCT 370 - Forensic Accounting - 3 Credits
ACCT 400 Level or above - 3 Credits
Choose one:
Commercial Law & Transactions
3
or
Real and Personal Property
3
Choose one:
Database Design-Implementation
3
or
Professional Selling
3
Entrepreneurial Opportunities
3
Business Ethics-Social Resp
3
Real Estate Invest-Management
3

University General Education

Communication Competence
Fundamentals-Public Speaking
3
English 1
3
English 2
3
Advanced Business Writing
3
Choose one:
Small Group Decision Making
3
or
Nonverbal Communication
3
or
Persuasive Speaking
3
Scientific Understanding -7/8 Credits Required
Scientific Understanding Elective - 4 Credits
Scientific Understanding Elective - 3/4 Credits
Quantitative Skills - 4/6 Credits Required
Choose MATH 114 OR MATH 115 and MATH 122
Quantitative Reason for Pro 2
4
Intermediate Algebra
3
Math Analysis for Business
3
If MATH ACT is 24 or higher, substitute a general education elective
Cultural Enrichment -9 Credits Required
Electives (one must be 200 level or above)
9
Social Awareness - 9 Credits Required
Principles of Macroeconomics
3
Principles of Microeconomics
3
Elective (non-Economics)
3
Choose one:
Money and Banking
3
or
Labor Economic Labor Relations
3
or
Economics of Public Finance
3
Electives - 3 Credits Required
Free Elective
Finance students must be able to demonstrate competency in ISYS 105 topics of take ISYS 105.

Be sure to evaluate the requirements for any professional certification with the appropriate state board.
Minimum credit hours required for Finance Bachelor degree:
120-121