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Finance

The information on this page pertains to students who were admitted to Drake during the 2018-2019 academic year or were admitted to Drake prior to the 2018-2019 academic year and declared a change to the 2018-2019 catalog requirements.

Students can view the catalog year to which they belong by viewing MyDUSIS > Student Services & Financial Aid tab > Student Records link > View Student Information link. Students who do not belong to the 2018-2019 academic catalog should use the navigation menu on the left of this page to consult the requirements of their particular catalog.

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 Finance department web site


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 Finance 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:

Course Credits
ECON 010 - Principles of Macroeconomics 3
FIN 102 - Advanced Corporate Finance 3
FIN 119 - Financial Institutions, Instruments and Markets 3
FIN 121 - Introduction to Derivatives 3
FIN 170 - Internatinal Finance 3
FIN 193 - Portfolio Analysis 3
FIN 197 - Seminar in Finance 3
Choose at least nine credits from the following courses:
Capital Budgeting Analyst Related Courses
ACCT 110 - Managerial Accounting 4
ACCT 120 - Advanced Managerial Accounting 3
ACCT 125 - Cost Management Systems 3
ACCT 175 - Auditing Principles 3
ECON 173 - Intermediate Microeconomic Analysis 3
Investment Analysis/Portfolio Management Related Courses
ACCT 165 - Financial Accounting I 4
ACCT 166 - Financial Accounting II 4
ACCT 167 - Financial Accounting III 3
ECON 130 - International Economics 3
ECON 174 - Intermediate Macroeconomic Analysis 3
FIN 190 - Equity Valuation and Analysis 3
Personal Financial Planning Related Courses
ACCT 185 - Individual Taxation 3
BLAW 120 - Business Law II 3
INS 051 - Personal Risk Management 3
INS 141 - Business Risk Management 3
INS 161 - Insurance Company Operations 3
Financial Institutions Management Related Courses
FIN 129 - Financial Institutions Management 3
INS 141 - Business Risk Management 3
INS 161 - Insurance Company Operations 3
All Finance Related Occupations
ECON 170 - Introduction to Econometrics 3
IS 080 - Visual Basic 3
IS 114 - Advanced IT Applications for Business 3

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 119 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 or Finance:

Course Credits
Investment Valuation Concentration
ACCT 165 - Financial Accounting I 4
ACCT 166 - Financial Accounting II 4
FIN 102 - Advanced Corporate Finance
Choose one course from the following:
FIN 119 - Financial Institutions, Instruments and Markets 3
FIN 190 - Equity Valuation and Analysis 3
FIN 193 - Portfolio Analysis 3
Finance Concentration
FIN 102 - Advanced Corporate Finance 3
Choose two courses from the following:
FIN 119- Financial Institutions, Instruments and Markets 3
FIN 121/ACTS 121 - Introduction to Derivatives 3
FIN 129 - Financial Institutions Management 3
FIN 170 - International Finance 3
FIN 190 - Equity Valuation and Analysis 3
FIN 193- Portfolio Analysis 3

 


2018-2019 Drake University Undergraduate Catalog
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