Business: Finance
About the Program
Do you want to study business administration and a focused area of emphasis? Do you enjoy managing money and investments? If so, pursuing a Bachelor of Innovation in Business with an emphasis in Finance may be right for you.
Business: Finance majors are prepared for careers in a corporate industrial setting or in the financial services industry. Jobs in the corporate setting managing corporate assets can include cash and receivables management, capital budgeting decision making, short- and long-term financial planning and analysis, risk analysis and management, and financing decisions. Financial services careers include positions in investment counseling, insurance, personal asset management and other financial planning careers.
What do Business: Finance B.I. students study?
Business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. A business, then, is an organization which seeks to make a profit through individuals working toward common goals. The goals of the business will vary based on the type of business and the business strategy being used. Regardless of the preferred strategy, businesses must provide a service, product, or good that meets a need of society in some way.
As future business leaders, our graduates will demonstrate: knowledge and application of best practices in core business concepts, the ability to analyze and interpret information to reach conclusions and make effective business recommendations, principle based ethics to make socially responsible business decisions.
Courses
The comprehensive study of how corporations make investment decisions, raise capital to finance their investments, and manage their financial affairs to create shareholder value. Topics covered include capital budgeting and the cost of capital, dividend policy, capital structure and financial distress. Emphasis on developing analytical tools and problem solving.
The study of the investments industry and instruments. Topics include risk and return, security types, mutual funds, the stock market, market efficiency, behavioral finance, interest rates, portfolio diversification, asset allocation and the valuation of stocks, bonds, options and futures. The course discusses investment problems and the formation of diversified portfolios.
The study of the interaction between financial markets and the Federal Reserve system. The course emphasizes how the Federal Reserve Bank conducts monetary policy to promote a stable banking system and strong economic growth while minimizing inflation and unemployment. Topics covered include interest rates, inflation and the money supply and the effect of these variables on the business cycle.
Development of financial modeling and analytical skills across a broad range of finance case studies. Areas of study include securities valuation, balance sheet analysis, risk assessment, and investment evaluation.