Department of Finance
The Finance Department prepares students who are seeking a Bachelor of Business Administration majoring in either Finance or Economics within the School of Business Administration. You will find information here pertaining to both majors, as well as the Finance Minor.
Finance may be the right major for you if the constant change of today's economy gets your adrenaline pumping. The Finance major prepares students for a wide variety of careers in the field, including portfolio management, financial analysis and financial services sector like brokerage, banking, and insurance. It is excellent training for commerce, government, and education administrations. We also prepare students for further graduate training such as master's and doctoral programs, law school, as well as professional designations such as the Series 7 and 63 licenses, Chartered Financial Analyst (CFA), and Certified Financial Planner (CFP) designations.
Career Paths in Finance
Finance graduates have excellent opportunities in career paths in many different financial areas:
- Portfolio Management: Money managers have good quantitative and technical skills in selecting stocks and bonds in building investment portfolios for their institutional clients. They can be mutual fund managers or hedge fund managers. A good money manager has good understanding of the equity and fixed income markets and emerging and global markets.
- Financial Planning: Financial planners help their clients to manage their money in planning for their financial futures. A good financial planner has excellent interpersonal skills and understands different financial investment vehicles, taxes, insurance, and estate planning brings them together in helping their client to manage their financial future.
- Corporate Finance: A career in corporate finance include the responsibilities of making corporate financial decisions of raising capital and investing in the operations of the company to expand the business. The Financial manager seeks to create value for the firm through sound business decisions through corporate policies that integrate financial investors and community involvement.
- Insurance: Careers in insurance involve helping individuals and businesses to manage risk from financial or catastrophic losses due to unforeseen or anticipated risks. Jobs in this finance are can be personally rewarding.
- Commercial Banking: A career path in commercial banking can be personally and financially rewarding. Commercial banks provide opportunities to build personal relationships with individual and corporate clients provide financial and trade services for small businesses and greater involvement with the local communities.
- Investment Banking: Investment banking helps corporations to raise funds through issuing financial securities. Investment bankers also provide financial and consulting services for their corporate clients in mergers and acquisitions, venture capital, and other corporate financial advice and trading of securities.
Finance Course Information
In addition to the standard business core, Finance majors take specialized courses such as Business Finance, Money and Financial Institutions, Investments, Multinational Finance and Corporate Financial Management. The major also requires two elective courses from a selection of Personal Finance, Principles of Insurance and Risk Management, Financial Risk Management (Futures and Options Contracts), Real Estate Principles, Equity Fund Management, and Fixed Income Fund Management.
The Finance minor for undergraduate majors prepares students who would like to develop and equip themselves with skills in financial knowledge. The minor in Finance is an applicable component to all fields of study, preparing students with the analytical financial skills for opportunities in different institutional organizations and managing their own personal finances. The minor requires a total of four units. The two required courses are Money and Financial Institutions and Business Finance. The two electives required are selected from Investments, Multinational Finance, Corporate Financial Management or Financial Risk Management.
The Economics major within the School of Business Administration, offered in conjunction with the Finance Department, provides students with a thorough understanding of economics and business behavior.
Students in this program take required courses in finance and economics. You will study micro- and macro-economics, multinational finance, the relationship between money and financial institutions, and other topics. Business Economics majors do an in-depth analysis of how consumers and producers arrange their economic activities efficiently in the market. Monopolies, oligopolies, monopolistic competition and perfect competitive markets are studied as well as game theory and behavioral theories governing economic behavior.
Economics Course Information
In addition to the School of Business General Education Requirements and School of Business Foundation Requirements, economics majors seeking a Bachelor of Business Administration take required courses in finance and economics.
As part of School of Business Administration curriculum, the requirements for the Finance Major, Finance Minor or Economics Major, as well as the List of Courses taught by the Finance Department can be found through the Stetson University Catalog.
Requirements for Finance Major - see catalog page 214
Requirements for Finance Minor - see catalog page 221
Requirements for Economics Major - see catalog page 213
Course Descriptions for Finance - see catalog page 227
The nationally recognized Roland George Investments Program is a two-semester program in portfolio management that is open to select students who manage an actual portfolio valued at about $2.9 million for 2011. George students are multi-time champions at R.I.S.E., a national student-managed portfolio competition at the University of Dayton, Ohio, excelling in four different portfolio categories. Additionally, our students placed first in the 2011 CFA Global Investment Research Challenge for the state of Florida, as well as first place in Fixed Income at the Global and Management Education Forum held at Quinnipiac University in Hamden, CT. The Roland George Investments Program is one of the oldest and arguably the best student-managed programs in the United States. Graduates have gone on to success as financial analysts and money managers, as well as further graduate training in finance, economics, mathematical finance, and law.