Finance
Finance Degree Plans
If you have questions concerning which catalog you are under, contact the Undergraduate Program Office, CBA 2.400, (512) 471-0690.
Finance is the study of resource allocation that includes the process, markets, institutions, and instruments that facilitate the transfer of money and wealth. The BBA Finance Program offers students an opportunity to study the finance function in the business firm, the financial services firm, and the financial system. When declaring the finance major, students must choose one of seven tracks listed below.
Additionally, finance majors can specialize further by applying for the Financial Analyst Program (FAP). Students are selected based on a competitive process. This one year program provides an opportunity for a select group of outstanding business students to work closely with finance faculty and MBA Fund Managers to develop their skills and experience as analysts. This program may be combined with any of the finance tracks.
General Finance Track
12 hours of upper-division coursework in Finance or Real Estate.
- Only one of the following may be used: FIN 377.2 Financial Risk Management OR 377.5 Energy Financial Risk Management.
- Only one of the following may be used: FIN 377.3* Security Analysis OR 377.4 Financial Analysis.
* FIN 377.3 is available only to students in the Financial Analyst Program.
Financial Markets/Banking Track
Financial Markets/Banking courses prepare students for a variety of financial institution related careers such as lending officers and financial analysts.
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FIN 354 - Money, Banking, & Economic Conditions OR 371M - Money & Capital Markets (REQUIRED)
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9 hours of finance from the following courses:
- FIN 366P* - Finance Practicum
- FIN 373.1 - Advanced Studies in International Finance
- FIN 372 - Advanced Topics in Finance
- FIN 374C - Financial Planning & Policy for Large Corporations
- FIN 374S - Entrepreneurial Finance
- FIN 377.1 - Portfolio Analysis & Management
- FIN 375F - Banking & Finance Intermediation
- FIN 377.2 OR 377.5 - Financial Risk Management OR Energy Risk
- FIN 376 - International Finance
- FIN 377.3* OR 377.4 - Security OR Financial Analysis
- FIN 354 OR 371M - whichever course you do not take for the requirement may be taken as an elective.
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.
Corporate Finance & Investment Banking Track
Corporate Finance and Investment Banking courses prepare students for careers as associates of corporate treasury departments, as financial analysts, and as management consultants.
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FIN 374C - Financial Planning and Policy for Large Corporations (REQUIRED)
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3 hours of accounting from the following courses:
- ACC 327 - Financial Statement Analysis
- ACC 362 - Auditing & Control
- ACC 329 - Managerial Accounting & Control
- ACC 364 - Fundamentals of Taxation
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6 hours of finance from the following courses:
- FIN 366P* - Finance Practicum
- FIN 373.1 - Advanced Studies in International Finance
- FIN 371M - Money and Capital Markets
- FIN 377.1 - Portfolio Analysis & Management
- FIN 372 - Advanced Topics in Finance
- FIN 377.2 OR 377.5 - Financial Risk Management OR Energy Risk
- FIN 376 - International Finance
- FIN 377.3* OR 377.4 - Security OR Financial Analysis
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.
Energy Finance Track
Energy Finance courses prepare students for positions in project-financing, valuation, and risk management in the energy sector.
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FIN 374C - Financial Planning and Policy for Large Corporations (REQUIRED)
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FIN 377.5 - Energy Financial Risk Management (REQUIRED)
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6 hours of finance from the following courses:
- FIN 366P* - Finance Practicum
- FIN 375F - Banking and Financial Intermediation
- FIN 371M - Money and Capital Markets
- FIN 373.1 - Advanced Studies in International Finance
- FIN 372 - Advanced Topics in Finance
- FIN 377.1 - Portfolio Analysis & Management
- FIN 374S - Entrepreneurial Finance
- FIN 377.3* OR 377.4 - Security OR Financial Analysis
- FIN 376 - International Finance
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.
Investment Management Track
Investment management courses provide students with a background suitable for starting positions as financial analysts with investment funds, investment banks, or other financial institutions.
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FIN 377.1 - Portfolio Analysis & Management (REQUIRED)
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9 hours of finance from the following courses:
- FIN 366P* - Finance Practicum
- FIN 373.1 - Advanced Studies in International Finance
- FIN 371M - Money and Capital Markets
- FIN 374C - Financial Planning & Policy for Large Corporations
- FIN 372 - Advanced Topics in Finance
- FIN 375F - Banking and Financial Intermediation
- FIN 374S - Entrepreneurial Finance
- FIN 377.2 OR 377.5 - Financial Risk Management OR Energy Risk
- FIN 376 - International Finance
- FIN 377.3* OR 377.4 - Security OR Financial Analysis
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.
Quantitative Finance Track
Quantitative Finance courses develop students’ analytical skills and prepare them for quantitatively focused positions in the financial services industry. This track is appropriate for students interested in financial analyst positions in research departments of hedge funds, mutual funds, investment banks, or other financial institutions. It is also appropriate for students interested in graduate study in Finance.
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STA 375 or 375H - This course fulfills the BBA core course requirement for STA 371G. (REQUIRED)
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FIN 367Q - This course fulfills the Finance core course requirement for FIN 367. (REQUIRED)
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FIN 374C - Financial Planning and Policy for Large Corporations (REQUIRED)
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FIN 377.2 OR 377.5 - Financial Risk Management OR Energy Risk Management (REQUIRED)
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3 hours of finance from the following courses:
- FIN 366P* - Finance Practicum
- FIN 373.1 - Advanced Studies in International Finance
- FIN 371M - Money and Capital Markets
- FIN 377.1 - Portfolio Analysis & Management
- FIN 372 - Advanced Topics in Finance
- FIN 377.3* OR 377.4 - Security OR Financial Analysis
- FIN 376 - International Finance
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3 hours from the following courses:
- STA 372.5 - Financial & Economic Time Series Modeling
- STA 372.7 - Computational Finance
- STA 372.6 - Optimization Methods in Finance
- MIS 373.17 - Data Mining for Business Intelligence
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.
Real Estate Track
Real Estate courses provide students with a broad background in valuing and managing real estate. This track is intended to prepare students for positions in real estate commercial brokerage and appraisal, mortgage banking, loan underwriting, real estate development and investment, and property management.
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FIN 354 - Money, Banking, & Economic Conditions OR 371M - Money & Capital Markets (REQUIRED)
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FIN 377.3* OR 377.4 - Security OR Financial Analysis (REQUIRED)
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6 hours of Real Estate coursework.
* FIN 377.3 and FIN 366P are available only to students in the Financial Analyst Program.