Finance Minor

Twenty-one credits (21) are required for completion of a minor in Finance.

The minor must be completed within the student's graduation timetable.

*Note: A course used as a minor requirement can not also be used as a minor elective. The same cousre will not fulfill both a minor requirement and a minor elective.

Summary of Requirements

Minor Electives: Choose 2 of the Following Courses: 6 Credits

• ACCT3001

  TAXATION I

  ACCT3001
  TAXATION I

  Credits (Min/Max): 3/3

  This introductory taxation course examines the basic income tax provisions of the federal Internal Revenue Code, with a particular focus on those provisions that affect the tax liabilities of individual taxpayers. This course focuses on some of the basic forms that must be submitted by taxpayers, recognition of present real world tax issues, planning strategies to ensure compliance with applicable law and regulations while minimizing the taxpayers' exposure to liability, and the evaluation of the practical and ethical issues that may be encountered in implementing tax strategies.

  PREREQUISITES:

  ACCT2004

• ACCT3002

  TAXATION II

  ACCT3002
  TAXATION II

  Credits (Min/Max): 3/3

  This course examines the basic income tax provisions of the federal Internal Revenue Code, with a particular focus on those provisions applicable to partnerships, corporations, and other entities. This course focuses on choice of entity issues, tax accounting and procedural issues, planning strategies, and the evaluation of the practical and ethical issues that may be encountered in implementing tax strategies.

  PREREQUISITES:

  ACCT2004

• ACCT3011

  INTERMEDIATE ACCOUNTING I

  ACCT3011
  INTERMEDIATE ACCOUNTING I

  Credits (Min/Max): 3/3

  The first of a two-course in-depth financial accounting sequence that examines the foundations of accounting theory and practice from the viewpoint of preparers and users of financial statements. This course focuses on a detailed examination and application of Generally Accepted Accounting Principles as they relate to the asset side of the balance sheet. Topics include the more complex details and attributes of accounting conceptual framework, financial statements and required disclosures, time value of money, cash, revenue recognition, receivables, inventory, and long-lived assets.

  PREREQUISITES:

  ACCT2004

• ACCT3012

  INTERMEDIATE ACCOUNTING II

  ACCT3012
  INTERMEDIATE ACCOUNTING II

  Credits (Min/Max): 3/3

  The second of a two-course in-depth financial accounting sequence that examines the foundations of accounting theory and practice from the viewpoint of preparers and users of financial statements. This course focuses on a continuation of the detailed examination and application of Generally Accepted Accounting Principles as they relate to the liability and equity side of the balance sheet, along with the impact on the other financial statements. Topics include long-term debt, share-based compensation, earnings per share, leases, prior period adjustments, accounting changes, and the statement of cash flows.

  PREREQUISITES:

  ACCT2004

• FINC3034

  COMMERCIAL BANK MANAGEMENT

  FINC3034
  COMMERCIAL BANK MANAGEMENT

  Credits (Min/Max): 3/3

  This course provides an in-depth review of all aspects of commercial banking including their role within the economy and how the U.S. regulatory structure and risk factors impact operating performance. Topics include bank structure, regulations, managing interest and non-interest income, and managing interest rate, credit, and liquidity risks.

  PREREQUISITES:

  FINC3032

• FINC3040

  RISK MANAGEMENT AND INSURANCE

  FINC3040
  RISK MANAGEMENT AND INSURANCE

  Credits (Min/Max): 3/3

  This course will provide an understanding of the insurance industry that operates within the U.S. economy. Topics include the types of insurance, regulation, and risk-handling tehcniques such as diversification and hedging.

  PREREQUISITES:

  FINC3032 & MATH1040

• FINC4020

  SIE AND SERIES 7 PREP PROGRAM

  FINC4020
  SIE AND SERIES 7 PREP PROGRAM

  Credits (Min/Max): 3/3

  SIE & Series 7 Prep Program will cover topics related to the SIE (Securities Industry Essentials) exam and the Series 7 exam. Both exams are required to earn a General Securities Representative Exam license. Students are eligible to take the SIE exam prior to graduation, whereas sponsorship employment is required to sit for the Series 7 exam. On-line course materials provided by Securities Training Corporation will be available to the student up to one year after completion of the course. SIE portion of the license is valid for four years. All business majors are eligible for this course. This course is not affiliated with FINRA, the SIE and Series 7 exam provider, and does not exempt students from the examination eligibility requirements.

  PREREQUISITES:

• FINC4025

  FI-SOLVE APPLIED INVESTMENTS

  FINC4025
  FI-SOLVE APPLIED INVESTMENTS

  Credits (Min/Max): 3/3

  Fi-SOLVE Applied Investments (Finance Student Operated Laboratory Venture) is an interactive experience where students collaborate as portfolio managers to construct and manage a portfolio of funds provided by La Roche University, Academic Affairs. Additionally, students will study an alternative asset class and explore an advanced topic within the investments arena.

  PREREQUISITES:

  FINC3031 or FINC4020 or FINC3032

• FINC4039

  REAL ESTATE FINANCE

  FINC4039
  REAL ESTATE FINANCE

  Credits (Min/Max): 3/3

  This course examines both residential and commerical real estate sectors. Topics include fixed and alternative mortgage instruments, federal regulation, secondary mortgage market, loan sizing, and commercial real estate valuation.

  PREREQUISITES:

  FINC3032

• FINC4051

  INTERNSHIP I - FINANCE

  FINC4051
  INTERNSHIP I - FINANCE

  Credits (Min/Max): 1/6

  A field experience in a finance position, supervised by a field instructor as well as college faculty. The internship is designed to increase understanding of finance and the finance-related issues and perspectives as they relate to the business environment.

  PREREQUISITES:

• INMT4046

  INTERNATIONAL FINANCE

  INMT4046
  INTERNATIONAL FINANCE

  Credits (Min/Max): 3/3

  A growing number of firms engage in various types of international financial transactions. This course focuses on international financial management issues such as foreign exchange markets, international capital markets such as Eurobond markets and international banks, international banking and international risk analysis.

  PREREQUISITES:

  FINC3032

• ISTC2021

  MGMT OF INFORMATION SYSTEMS

  ISTC2021
  MGMT OF INFORMATION SYSTEMS

  Credits (Min/Max): 3/3

  This course provides discussion and analysis of current issues related to the management of information systems. The components of an information system; hardware, software, data, connectivity, procedures and people are discussed in relationship to a variety of information systems including collaboration information systems, social media information systems, and enterprise wide systems such as Enterprise Resource Planning, Customer Relationship Management and Supply Chain Management. Other major areas of analysis include cloud computing, business intelligence, and the Systems Development Life Cycle. The focus of the analysis is using Information Systems to gain a competitive advantage in the marketplace.

  PREREQUISITES:

• ISTC2045

  DATA BASE MANAGEMENT SYSTEMS

  ISTC2045
  DATA BASE MANAGEMENT SYSTEMS

  Credits (Min/Max): 3/3

  This course provides the basic knowledge required to operate and use a computer to perform the practical tasks of data file creation, retrieval of data and maintenance of data files. DBMS's are used for all types of applications involving medium-to-large scale data files. Major focus is on the acquisition of a working knowledge of the theories, principles and operating procedures of data base management systems using a representative DBMS. This course is appropriate for all potential users of computers in all fields of study.

  PREREQUISITES:

  ISTC1005

• ISTC3025

  CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

  ISTC3025
  CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

  Credits (Min/Max): 3/3

  Case Studies Using Advanced Excel is designed to provide students with advanced Excel applications requiring analytical skills. This course will require application within a variety of both profit and non-profit situations and will focus on problem solving and critical thinking with Excel. Excel skills incorporated into case studies will include, but are not limited to: Pivot tables and charts, VLOOKUP, IF,AND,OR formulas, Text-to- Columns, and the Concatenate function. Other software, for which Excel serves as a basis, may also be covered. Cross-listed with ADMG3025

  PREREQUISITES:

  ISTC1005

Minor Required Courses: 12 credits

• FINC3031

  INVESTMENTS

  FINC3031
  INVESTMENTS

  Credits (Min/Max): 3/3

  This course introduces the securities markets and examines the three traditional asset classes of cash, fixed income, and equity. Topics include modern portfolio theory, the relationship between risk and return, efficient markets, technical analysis, behavior finance, and ratio analysis.

  PREREQUISITES:

  ACCT2004

• FINC3032

  FINANCIAL MANAGEMENT

  FINC3032
  FINANCIAL MANAGEMENT

  Credits (Min/Max): 3/3

  This course introduces external sources and processes of finance. Topics include time value of money, term structure of interest rates, risk return trade-off, discounted cash flow, ratio analysis, weighted average cost of capital, and capital budgeting.

  PREREQUISITES:

  ACCT2004

• FINC3036

  FINANCIAL INSTITUTIONS

  FINC3036
  FINANCIAL INSTITUTIONS

  Credits (Min/Max): 3/3

  This course will provide an understanding of various types of financial markets and institutions that exist and operate in the U.S. economy. Topics include the Federal Reserve System, Monetary Polcy, and Interest Rates along with the impact at all three have on the state of the economy.

  PREREQUISITES:

  ADMG1005 & ACCT2004

• FINC4033

  INTERMEDIATE FINANCIAL MANAGEMENT

  FINC4033
  INTERMEDIATE FINANCIAL MANAGEMENT

  Credits (Min/Max): 3/3

  The course will reinforce and extend the principles and concepts introduced in FINC3032 - Financial Management. Topics include corporate valuation, working capital managment, and strategics decision making, along with the decisions faced by corporate managers as they assess the value of various investment and financial strategies.

  PREREQUISITES:

  FINC3032

Minor Required: Choose One: 3 credits

• ISTC2045

  DATA BASE MANAGEMENT SYSTEMS

  ISTC2045
  DATA BASE MANAGEMENT SYSTEMS

  Credits (Min/Max): 3/3

  This course provides the basic knowledge required to operate and use a computer to perform the practical tasks of data file creation, retrieval of data and maintenance of data files. DBMS's are used for all types of applications involving medium-to-large scale data files. Major focus is on the acquisition of a working knowledge of the theories, principles and operating procedures of data base management systems using a representative DBMS. This course is appropriate for all potential users of computers in all fields of study.

  PREREQUISITES:

  ISTC1005

• ISTC3025

  CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

  ISTC3025
  CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

  Credits (Min/Max): 3/3

  Case Studies Using Advanced Excel is designed to provide students with advanced Excel applications requiring analytical skills. This course will require application within a variety of both profit and non-profit situations and will focus on problem solving and critical thinking with Excel. Excel skills incorporated into case studies will include, but are not limited to: Pivot tables and charts, VLOOKUP, IF,AND,OR formulas, Text-to- Columns, and the Concatenate function. Other software, for which Excel serves as a basis, may also be covered. Cross-listed with ADMG3025

  PREREQUISITES:

  ISTC1005