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.
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.
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.
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/
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.
Accoutancy, Finance & Info Systems
119 South Street, BUS 212
Big Rapids, MI 49307-2284
The College of Business is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Next Accreditation Review is February 2018.
Business Core - 30 Credits Required
Finance Major Courses - 27 Credits Required
ACCT 370 - Forensic Accounting - 3 Credits
ACCT 400 Level or above - 3 Credits
University General Education
Scientific Understanding Elective - 3/4 Credits