2017 - 2018 Catalog (Current)

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 SAT Scores

  • 2.5 High School GPA (on a 4.0 scale)

  • Two of the Three Criteria:

  1.  SAT ERW score of 450 or higher

  2.  SAT Math score of 500 or higher.  Placement in MATH 109/110 will be considered (SAT Math score of 480 or higher).

  3. SAT Composite of 900 or higher


New Students ACT Scores

  • 2.5 High School GPA (on a 4.0 scale)

  • Two of the Three Criteria:

  1.  ACT English score of 16 or higher

  2. ACT Math score of 19 or higher

  3. ACT Reading score of 19 or higher


Transfer Students

  • Combined college or university GPA of 2.35 (on a 4.0 scale) from all institutions attended.  GPA based on completion of 12 credit hours or more.  Developmental courses will not be considered in computing the GPA requirement.

  • Transfer equivalency for FSU ENGL 150 or placement during the first semester at FSU which would require an ACT English score of 16 or higher; or SAT ERW score of 450 or higher; or Accuplacer English score of 6 or higher.

  • Transfer equivalency for FSU MATH 114/115 or placement during the first semester at FSU which would require an ACT Math score of 19 or higher; SAT Math score of 500 or higher; or Accuplacer Math scores:  Elementary Algebra score 75 or higher and College Level Math 0-49. 

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

General Education Requirements

All University General Education requirements can be found here: http://www.ferris.edu/HTMLS/academics/general-education/requirements/BA-BS.htm

Please consult this link for a complete listing of General Education Electives:  http://www.ferris.edu/HTMLS/academics/general-education/courses/index.htm

Consult the official checksheet or program advisor for program specific General Education requirements.

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