BBA | Prospective

Finance Major

About the Program

Finance is the study of resource allocation, that is, the process, markets, institutions, and instruments that facilitate the transfer of money and wealth.  This program offers students an opportunity to study the finance function in the business firm, the financial services firm and the financial system.

The Finance major provides students with the theoretical framework and analytical tools and techniques to handle a variety of finance and business functions. The program is designed to prepare a student for financial positions with non-financial corporations, the financial services industry, energy companies, small businesses, and real estate firms.

Finance majors may choose one of five tracks. Students who do not wish to specialize in a particular track may choose the General Finance Track.

Additionally, Finance majors can specialize further by applying for the Financial Analysts Program (FAP). This one-year program provides an opportunity for a select group of outstanding business students to work closely with finance faculty and industry professionals to develop their skills and experience as analysts. This program may be combined with any of the finance options.

Finance Student Organizations

Sample Finance 4-Year Sequence

This is a sample schedule intended for planning purposes only. Please consult with an Academic Advisor for more details on required courses and scheduling.

Courses in bold are prerequisites for later courses.

Freshman Year
Fall Semester Spring Semester
Calculus I Business Administration 101S
Rhetoric 306 Calculus II
Economics 304K Economics 304L
Psychology/Sociology/Anthropology MIS 301
UGS 302/303 Visual Perf. Arts
Sophomore Year
Fall Semester Spring Semester
Accounting 311 Accounting 312
Business Administration 324 Finance 357
Statistics 309 English 316K
Government 310L Government 312L
Sci & Tech Pt 1 Sci & Tech Pt 1
Junior Year
Fall Semester Spring Semester
Finance Track Course Finance 367
Statistics 371G Legal Environment of Business 323
Management 336 or Operations Management 335 Accounting 326
American History American History
Sci & Tech Pt 2 Non-Business Elective
Senior Year
Fall Semester Spring Semester
Finance 353 (Internship) Finance 370
Finance Track Course Finance Track Course
Finance Track Course Marketing 337
Upper Division Non-Business Elective Upper Division Non-Business Elective
Free Elective Non-Business Elective

Courses Offered

Finance: FIN

Upper-Division Courses

320F. Foundations of Finance. Principles of effective financial management, including planning, organization, and control; financial intermediaries; securities markets; evaluating alternative assets, debt, and capital structures. Three lecture hours a week for one semester. May not be counted toward the Bachelor of Business Administration degree. Prerequisite: Upper-division standing; Accounting 310F or 311 (or 311H), and 312 (or 312H); and one of the following: Management Information Systems 301 and a statistics course, Management Information Systems 310 and a statistics course, or Management Information Systems 302F (or 311F). Statistics courses that may be counted toward this requirement are Aerospace Engineering 201, Biology 318M, Biomedical Engineering 303, 335, Chemical Engineering 253K, Civil Engineering 311K, 311S, Economics 329, Educational Psychology 371, Electrical Engineering 312, 351K, Mechanical Engineering 218 (or 204), Petroleum and Geosystems Engineering 310, Psychology 317, 418, Social Work 318, Statistics 309, and 309H.

140S, 240S, 340S, 440S, 540S, 640S, 740S, 840S, 940S. Topics in Finance. This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. or the school's BBA Exchange Programs. Credit is recorded as assigned by the study abroad adviser in the Department of Finance. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. May be repeated for credit when the topics vary.

353. Internship in Finance. Restricted to students in a business major. Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Internship and discussion hours to be arranged. Offered on the pass/fail basis only. Only one of the following may be counted toward the Bachelor of Business Administration: Accounting 353J, Business Administration 353H, Finance 353, Management 353, Management Information Systems 353, Marketing 353, Operations Management 353. May not be counted toward the student's major requirement. Prerequisite: Completion of forty-five semester hours of college coursework and consent of the departmental internship coordinator.

354. Money, Banking, and Economic Conditions. Restricted to students in a business major. The monetary system, financial markets, national income components, and their relationship to business activity. Three lecture hours a week for one semester. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Accounting 311 or 311H; Economics 304K and 304L; and credit or registration for Business Administration 324 or 324H.

354H. Money, Banking, and Economic Conditions: Honors. Restricted to students admitted to the McCombs School of Business Honors Program. The monetary system, financial markets, national income components, and their relationship to business activity. Three lecture hours a week for one semester. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Forty-five semester hours of college coursework, Accounting 311 or 311H, credit or registration for Business Administration 324 or 324H, Economics 304K and 304L, and Mathematics 408K and 408L.

357. Business Finance. Restricted to students in a business major. Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Three lecture hours a week for one semester. Finance 357 and 357H may not both be counted. Prerequisite: Accounting 311 or 311H, 312 or 312H, Economics 304K and 304L, and Statistics 309 or 309H; and credit or registration for Business Administration 324 or 324H.

357H. Business Finance: Honors. Restricted to students admitted to the McCombs School of Business Honors Program. Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Three lecture hours a week for one semester. Finance 357 and 357H may not both be counted. Prerequisite: Forty-five semester hours of college coursework, Accounting 311 or 311H, 312 or 312H, Economics 304K, Statistics 309 or 309H, credit or registration for Business Administration 324 or 324H, and credit or registration for Economics 304L.

366P. Finance Practicum. Restricted to finance majors. Students apply skills in their major area and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. The equivalent of three lecture hours a week for one semester. Prerequisite: Forty-five semester hours of college coursework and consent of instructor.

367. Investment Management. Restricted to students in a business major. Investment theory, alternatives, and decision making under differing uncertainties and constraints; formulation of objectives and strategies; development of conceptual managerial perspectives and philosophies for investment environments. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H, and Statistics 371G or 371H.

370. Integrative Finance. Restricted to students in a business major. Integrates financial decision making in functional areas of finance; utilizes various concepts to promulgate strategies, policies, and procedures in managing funds to achieve objectives. Three lecture hours a week for one semester. Prerequisite: Ninety semester hours of college coursework; Finance 357 or 357H, and 367; credit or registration for one of the following: Accounting 353J, 366P, Business Administration 353H, Finance 353, 366P, Management 353, 366P, Management Information Systems 353, 366P, Marketing 353, 366P, Operations Management 353, 366P; and three additional semester hours of coursework in finance or real estate.

371M. Money and Capital Markets. Restricted to students in a business major. Development of modern financial markets, with emphasis on the factors that determine interest rates; institutional characteristics and pricing mechanisms of various interest-sensitive securities. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

372. Advanced Topics in Finance. Restricted to students in a business major. Advanced topics in finance with emphasis on theoretical and quantitative analysis. Three lecture hours a week for one semester, or as required by the topic. May be repeated for credit when the topics vary. Prerequisite: Finance 357 or 357H.

373. Research Topics in Finance. Restricted to students in a business major. The equivalent of three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Finance 357 or 357H, and consent of instructor.

  • Topic 1: Advanced Studies in International Finance. Students work in small research groups to write academic papers on topics in international finance and business. Designed to develop critical thinking skills, writing skills, sophisticated use of technology, and experience working across different cultures.

374C. Financial Planning and Policy for Large Corporations. Restricted to students in a business major. An in-depth study of theory and practice of corporate financial management in establishing major financial and investment policies; techniques for analysis, evaluation, and control. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

374S. Entrepreneurial Finance. Restricted to students in a business major. Development, implementation, and control of financial plans, strategies, and policies by owner-managers of small and medium-sized firms; analysis of alternatives and decision making. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

375F. Banking and Financial Intermediation. Restricted to students in a business major. Theory of financial intermediation, regulatory environment, interest rates, and asset/liability management with a focus on commercial banking; depository and contractual intermediation. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

376. International Finance. Restricted to students in a business major. The international financial environment, with emphasis on the factors affecting exchange rates and how exchange rate changes affect the firm. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

377. Advanced Investment Analysis. Second course in investments, with emphasis on quantitative applications and the underlying theory in the analysis and management of securities and portfolios. Three lecture hours a week for one semester. May be repeated for credit when the topics vary.

  • Topic 1: Portfolio Analysis and Management. Restricted to students in a business major. Additional prerequisite: Finance 367.
  • Topic 2: Financial Risk Management. Restricted to students in a business major. Finance 377 (Topic 2) and 377 (Topic 5) may not both be counted. Additional prerequisite: Credit or registration for Finance 367; and Mathematics 408D or 408L.
  • Topic 3: Security Analysis. For finance majors only. Finance 377 (Topic 3) and 377 (Topic 4) may not both be counted. Additional prerequisite: Credit or registration for Finance 367 and consent of instructor.
  • Topic 4: Financial Analysis. Restricted to students in a business major. Application of fundamental analysis and valuation techniques. Finance 377 (Topic 3) and 377 (Topic 4) may not both be counted. Additional prerequisite: Credit or registration for Finance 367.
  • Topic 5: Energy Financial Risk Management. Restricted to students in a business major. Finance 377 (Topic 2) and 377 (Topic 5) may not both be counted. Additional prerequisite: Credit or registration for Finance 367.

377L. Portfolio Analysis and Management. Restricted to students in a business major. Quantitative applications and the underlying theory in the analysis and management of securities and portfolios; designed for students with career goals in investment. Three lecture hours a week for one semester. Prerequisite: Finance 367.

179C, 379C. Problems in Finance. Restricted to students in a business major. Conference course. Only two of the following may be counted toward the Bachelor of Business Administration: Accounting 179C, 379C, Finance 179C, 379C, International Business 179C, 379C, Legal Environment of Business 179, 379, Management 179C, 379C, Management Information Systems 179, 379, Marketing 179C, 379C, Operations Management 179, 379, Real Estate 179C, 379C, Risk Management 179, 379. Prerequisite: Eighteen semester hours of coursework in business and economics, six of which must be upper-division; Finance 357 or 357H with a grade of at least C; and consent of instructor. A student registering for this course must obtain written approval from the department chair's office, on forms provided for that purpose, before the first meeting of the course.

Student-Submitted Videos About the Finance Program

These videos were submitted via the McCombs Next Top Major contest, which pitted student-produced films about all McCombs School majors against each other to voted on by students, family and friends. Watch all of the McCombs Next Top major films here.

<p>McCombs Next Top Major video submission</p>

Page last updated: 7/15/2010