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Finance

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Finance

Available Options

Bachelor of Science in Business Administration (B.S.B.A.) with a major in Finance

Finance Joint Major

Finance Concentration

 

Finance department web site


Program Overview

The finance major prepares students for careers in business and/or postgraduate work by educating them in the fundamental principles and practical applications of modern financial analysis. The finance curriculum is designed to provide students with knowledge of the major concepts and practices of financial management, while at the same time helping to develop their analytical, decision-making and communication abilities.

The curriculum allows our finance graduates to obtain skills that can be applied in the following areas, among others: capital budget analysis, personal financial planning, financial institutions management, corporate finance, plus investment analysis and portfolio management.  The program offers students a choice of electives that are consistent with these classifications.  Graduates are prepared for advanced study in business or finance or to assume responsible, entry-level managerial positions in financial management business, government and not-for-profit entities.  Furthermore, they possess an excellent foundation for future growth and career development.


Requirements for Major

All finance majors are required to complete the Drake University Curriculum and the College of Business and Public Administration's core requirements.  In addition, they must complete the following basic core courses in the finance major:

  • FIN 102 - Advanced Corporate Finance
  • FIN 119 - Financial Institutions, Instruments and Markets
  • FIN 121 - Introduction to Derivatives
  • FIN 193 - Portfolio Analysis
  • FIN 197 - Seminar in Finance
  • ECON 010 - Principles of Macroeconomics

All candidates also must choose at least nine hours from the courses listed below.  Even though the final selection one makes may be any combination from these courses based on their career goals, we list them under groups that highlight the skills the electives are likely to contribute to the most.

Capital Budgeting Analysis

  • ACCT 110 - Managerial Accounting (4 credits)
  • ACCT 115 - Advanced Managerial Accounting
  • ACCT 125 - Cost Management Systems
  • ACCT 175 - Auditing Principles
  • ECON 173 - Intermediate Microeconomic Analysis

Investment Analysis/Portfolio Management

  • ACCT 165 - Financial Accounting I (4 credits)
  • ACCT 166 - Financial Accounting II (4 credits)
  • ACCT 167 - Financial Accounting III
  • ECON 130 - International Economics
  • ECON 174 - Intermediate Macroeconomic Analysis
  • FIN 190* - Equity Valuation and Analysis

Personal Financial Planning

  • ACCT 185 - Individual Taxation
  • BLAW 120 - Business Law II
  • INS 051 - Personal Risk Management
  • INS 141 - Business Risk Management
  • INS 161 - Insurance Company Operations

Financial Institutions Management

  • FIN 129 - Financial Institutions Management
  • INS 141 - Business Risk Management
  • INS 161 - Insurance Company Operations

The following electives are useful for a variety of business as well as finance related skills.

  • ECON 170 - Introduction to Econometrics
  • IS 074 - Advanced IT Applications for Business
  • IS 080 - Visual Basic

Requirements for Joint Major

The joint finance major consists of all the basic finance core courses listed above.  The joint actuarial science / finance major will substitute FIN 199 and FIN 121 with FIN 129 and ACTS 121, respectively.


Requirements for a Finance Concentration

Candidates for the finance concentration have two options:

  • Investment Valuation Concentration
    • ACCT 165 - Financial Accounting I (4 credits)
    • ACCT 166 - Financial Accounting II (4 credits)
    • FIN 102 - Advanced Corporate Finance
    • One of
      • FIN 119 - Financial Institutions, Instruments and Markets
      • FIN 190* - Equity Valuation and Analysis
      • FIN 193 - Portfolio Analysis
  • Finance Concentration
    • FIN 102 - Advanced Corporate Finance
    • Two of
      • FIN 119- Financial Institutions, Instruments and Markets
      • FIN 121/ACTS 121 - Introduction to Derivatives
      • FIN 129 - Financial Institutions Management
      • FIN 170 - International Finance
      • FIN 190*- Equity Valuation and Analysis
      • FIN 193- Portfolio Analysis

*Enrollment based on approval by the finance faculty

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Admission Calendar

Apply Now - Application for Fall 2017

Visit Now - Campus visits offered Monday-Friday

October 1 - FAFSA available for Fall 2017

October 10 - Campus Preview Day

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October 20 - Campus Preview Half-Day

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October 29 - Politics Visit Day

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