The finance minor is primarily designed for business, accounting, marketing, sports management, entrepreneur and human resource majors. However, all majors are welcome to take the finance minor. It's designed for students seeking a deeper understanding of the financial environment under which businesses operate and money management.
Required Courses for the Finance Minor
Students are required to take 18-19 semester credits, including:
AC 101 Accounting Principles (3 Semester Hours)
Introduces the language of business and the fundamentals in relation to financial accounting. Students will learn topics such as the accounting cycle, preparation of financial statements and analysis of current, long-term and intangible assets and long-term liabilities.
FN 320 Corporation Finance (3 Semester Hours)
Course goes over the principles and practices of business finance, including topics like valuation under uncertainty, capital budgeting techniques, dividend policy, cost of capital and capital structure. Students also get an introduction to derivative securities and currency management techniques.
FN 404 Financial Systems (3 Semester Hours)
This course provides an overview of financial markets and institutions. The analysis will focus on the function of financial intermediaries, the regulatory environment under which the markets and these institutions work and management concerns emphasizing currenting issues.
FN 405 Investments (3 Semester Hours)
An overview of the investment process from both the perspectives of individual investors and institutional investors. It will focus on different investment instruments, securities markets, market indices, security selection, including fundamental and technical analyses and portfolio management.
Students are also required to take 1 course from the following Finance Minor Group 1:
EC 100 Survey of Economics (3 Semester Hours)
Course is an introduction to the basic tools of micro and macroeconomic analysis for non-business majors. Microeconomic topics will include the methods designed to analyze individual economic behavior and understanding the functioning of various markets. Macroeconomic topics will include business cycles, national income, monetary and fiscal policy, unemployment and inflation.
EC 201 Principles of Macroecronomics (3 Semester Hours)
Students will be introduced to the field of macroeconomics. Class focuses on the overall economy and the aggregate behavior of households, firms and government. Students will learn topics like national income accounting, economic growth, business cycles, unemployment inflation, monetary and fiscal policy and international trade.
EC 202 Principles of Microeconomics (3 Semester Hours)
Students will be introduced to the field of microeconomics. Class focuses on individual decision-making and how it affects people. The course topics focus on microeconomic issues and problems such as scarcity, opportunity cost, consumption, production, market structures and profit maximization.
As well as 1 course from the following Finance Minor 2 Group:
MN 215 Business Statistics (3 Semester Hours)
This course is a study of statistical methods used for business decisions. Topics include descriptive statistics, probability, estimation, hypothesis testing, regression analysis and forecasting. Emphasis is on developing and interpreting information for business research and decision making.
MT 207 Probability and Statistics (3 Semester Hours)
This course is an introduction to the basic concepts of probability and statistical interference. Topics generally include the laws of probability, sampling, the normal, the binomial and the chisquare distribution, estimation, hypothesis testing, simple linear regression and correlation.
PS 204 Statistics (4 Semester Hours)
Student is exposed to basic descriptive and inferential statistics, emphasizing conceptual understanding as it relates to psychology.