Finance

As a Finance major, you will learn to understand the issues inherent in obtaining and using monetary and financial resources.  You will develop analytical skills and effective communication skills.  You may select courses preparing you for work in fields such as:

  • Investments
  • Markets
  • Insurance
  • Securities
  • International financial management
  • Corporate finance
  • Personal financial planning

Opportunity to Innovate

The Finance major is flexible, allowing you to take International Financial Management, and Financial Institutions and Markets courses offered in locations such as London and New York City.

You may join the Financial Management Association (FMA), which develops a mock equity portfolio to practice tracking and analyzing securities.  The student-led organization also sponsors investment seminars, guest speakers and annual trips to the Chicago Mercantile Exchange and the Federal Reserve Bank.

Certifications for Finance Majors

A number of professional certifications and qualification exams exist for finance professionals. Bradley graduates excel in these exams. Some of the designations are listed below:

  • CFA Chartered Financial Analyst
  • CFP Chartered Financial Planner
  • CLU Chartered Life Underwriter
  • CPCU Chartered Property and Casualty Underwriter
  • FRM Financial Risk Manager

Impact the World

Some of the firms and companies that employ our finance students are:

  • KPMG
  • IBM
  • RLI Corp.
  • Caterpillar Inc.
  • Liberty Mutual Insurance Company
  • Deloitte
  • Federal Reserve Bank

Specializations

Corporate

Students interested in corporate finance select courses providing a background in the various financial elements of corporate activities. Typically, financial management decisions involve capital budgeting and financing decisions as well as the daily activities associated with allocating and obtaining funds. A variety of optimization and modeling techniques are studied. The ability to develop a sound financial analysis of an opportunity is emphasized.

Securities

Students interested in the securities area select courses that will develop their skills in analyzing and selecting investment opportunities. Portfolio analysis as well as identification of individual security characteristics are stressed. The markets for securities of all types, domestic and international, are studied to provide an understanding of their opportunities and constraints. Implications of market efficiency are considered. The ability to develop a worthwhile and unique analysis of investments is emphasized.

Markets and Institutions

Students interested in financial institutions such as insurance companies, banks, pension funds and finance companies select courses that will prepare them for positions in these organizations. Modern technology, globalization and newer ideas associated with managing financial institutions are of particular importance. The decision-making ability needed for proper management of progressive organizations is developed through a variety of rigorous courses.

Other

The curriculum structure is suitable for students planning graduate study or entrepreneurial activities. Many past students now own and operate their own businesses. Due to the highly quantitative nature of many areas of finance, the entering student is advised to have a strong mathematics background. Three years of algebra, one year of geometry and a semester of trigonometry are recommended.

Major Requirements

Required Courses - 18 or 19 hrs.

  • FIN 322 Business Finance - 3 hrs.
  • FIN 325 Investment Analysis - 3 hrs.
  • FIN 328 Financial Institutions and Markets - 3 hrs.
  • Q M 260 Quantitative Methods in Finance - 3 hrs.
    or MTH 122 Calculus II - 4 hrs.
  • FIN 494 Financial Strategy - 3 hrs.

Elective Courses (choose one) - 3 hrs.

  • FIN 323 International Financial Management - 3 hrs.
  • FIN 327 Derivative Securities - 3 hrs.
  • FIN 330 Financial Institutions and Markets - 3 hrs.
  • FIN 423 Advanced Business Finance - 3 hrs.
  • FIN 424 Capital Budgeting - 3 hrs.
  • FIN 426 Financial Research and Modeling - 3 hrs.
  • FIN 623 Multinational Financial Management - 3 hrs.
  • FIN 627 Financial Risk Management - 3 hrs.
  • QM 326 Business Forecasting - 3 hrs.
  • QM 364 Decision Support Systems - 3 hrs.

Elective Tools Courses (choose one) - 3 hrs.

  • Q M 326 Business Forecasting - 3 hrs.
  • Q M 364 Decision Support Systems - 3 hrs.
  • ECO 319 Introduction to Econometrics - 3 hrs.
  • ECO 418 Mathematical Economics - 3 hrs.

Elective Functional Area International Courses (choose one) - 3 hrs.

  • FIN 323 International Financial Management - 3 hrs.
    Note: FIN 323 also counts as part of the required 24 hours in finance.
  • ECO 390 International Monetary Economics - 3 hrs.
  • ECO 391 International Trade - 3 hrs.

Courses Beyond ATG 157 & ATG 158 (choose one) - 3 hrs.

  • ATG 301 Intermediate Accounting - 3 hrs.
  • ATG 314 Cost Accounting - 3 hrs.