Students interested in studying finance should have strong quantitative skills, be able to think analytically, be creative in solving problems and be able to make strategic decisions.

Finance majors must complete the core computer language requirement by taking FI 389 Financial Analysis and Modeling. Finance majors are required to select a specialization or second major. A minimum of 18 hours is required for a second major. Students may choose any second major (business or non-business) with a plan approved by the department. Finance students who complete a minor other than economics (but not a second major) must also complete a specialization.

More InformationHours
Major Courses
EC 308Intermediate Microeconomics3
EC 309Intermediate Macroeconomics3
FI 301Introduction to Financial Institutions and Markets3
FI 410Intermediate Financial Mgt3
FI 412Money & Capital Markets3
FI 414Investments3
Credit Hours Subtotal: 18
Specialization
Specialization or Second Major9-60
Credit Hours Subtotal: 9-60
Total Hours27-78

Dual Major in Finance and Mathematics

The dual major in finance and mathematics is for students looking to apply strong quantitative skills in the field of finance. This curriculum is ideal for students in pursuit of a career that requires an understanding of financial modeling or students desiring to attend graduate school. Students in this degree program are formally enrolled in the Culverhouse College of Commerce, but the curriculum is determined by both the College of Commerce and the College or Arts and Sciences. Students are not required to select a mathematics track when pursuing this dual major.

Finance Courses

Hours
EC 308Intermediate Microeconomics3
EC 309Intermediate Macroeconomics3
EC 413Economic Forecasting & Analysis3
FI 301Introduction to Financial Institutions and Markets3
FI 410Intermediate Financial Mgt3
FI 389Financial Analysis and Modeling3
FI 412Money & Capital Markets3
FI 414Investments3
Total Hours24

Mathematics Courses 

Hours
MATH 227Calculus III4
MATH 237Introduction to Linear Algebra3
MATH 238Appld Diff Equations I3
MATH 355Theory Of Probability3
MATH 451Math Stats W/Applictn I3
MATH electives (300- or 400-level) 16
Total Hours22
1

The following courses cannot be counted as MATH electives: MATH 402 History Of Mathematics and MATH 405 Geometry For Teachers.

Specializations in Finance

Actuarial Science

Actuarial ScienceMore Information

Hours
Not open to General Business majors.
MATH 125
MATH 126
MATH 227
Calculus I
and Calculus II
and Calculus III
12
EC 413Economic Forecasting & Analysis3
FI 341Fundamentals of Risk Management & Insurance3
FI 389Financial Analysis and Modeling3
FI 419Financial Derivatives3
FI 497Special Topics In Finance (1 hour of P exam prep, 3 hours of FM exam prep)4
ST 450Statistical Methods in Research I (Prerequisite for ST 452)3
ST 452Applied Regression Analysis3
ST 454 or Mathematical Statistics I3
MATH 451 Math Stats W/Applictn I
ST 455 or Mathematical Statistics II3
MATH 452 Math Stats W/Applictn II
Non-Finance major requirements 10-6
Total Hours40-46
1

Non-Finance majors will need to take FI 410 Intermediate Financial Mgt and FI 414 Investments if they plan to sit for the actuarial exams.

Banking & Financial Services

Banking & Financial Services

Hours
Students must major in Finance.
AC 351 or Managerial Accounting Decisions3
AC 352 Corporate Financial Reporting
FI 341Fundamentals of Risk Management & Insurance3
FI 421Bank Administration3
Total Hours9

Finance

FinanceMore Information

Hours
For non-Finance majors.
EC 308Intermediate Microeconomics3
FI 301Introduction to Financial Institutions and Markets3
Select two of the following:6
Intermediate Financial Mgt
Money & Capital Markets
Investments
Total Hours12

Financial Management 

Financial Management

Hours
Students must major in Finance.
AC 310Financial Reporting & Analysis of Business Activities I3
AC 311Financial Reporting & Analysis of Business Activities II3
AC 361Cost Analysis for Planning & Control3
AC 389Accounting Information Systems - Development, Operation, and Control3
FI 411Corporate Financial Policy (may be substituted for FI 412 in the Finance major)3
FI 419Financial Derivatives (may be substituted for EC 309 in the Finance major)3
Total Hours18

Insurance & Financial Services: Risk Management 

Insurance & Financial Services: Risk ManagementMore Information

Hours
FI 341Fundamentals of Risk Management & Insurance3
Select three of the following:9
Personal Asset Management
Business Risk Management
Property Liability Insurance
Life & Health Insurance
Estates & Trusts
Total Hours12

International Finance

International FinanceMore Information

Hours
Students must major in Finance, take at least three years (six semesters) of foreign languages, and spend a semester abroad.
EC 430International Trade3
FI 431International Finance3
EC 442Economic Development of Latin America3
Total Hours9

Investment Management 

Investment Management

Hours
Students must major in Finance.
AC 352Corporate Financial Reporting3
FI 415Advanced Investment Topics3
FI 419Financial Derivatives3
Total Hours9

Personal Wealth Management

Personal Wealth ManagementMore Information

Hours
AC 371Introduction To Taxation3
FI 341Fundamentals of Risk Management & Insurance3
FI 360Personal Asset Management3
FI 444Life & Health Insurance3
FI 460Advanced Financial Planning3
LGS 403Estates & Trusts3
Non-Finance major requirements 10-3
Total Hours18-21
1

Non-Finance majors will need to take FI 414 Investments to sit for the CFP exam.

Quantitative Finance

Quantitative FinanceMore Information

Hours
Students must major in Finance.
MATH 125Calculus I4
MATH 126Calculus II4
MATH 227Calculus III4
MATH 237Introduction to Linear Algebra3
EC 413Economic Forecasting & Analysis3
FI 419Financial Derivatives3
ST 454 or Mathematical Statistics I3
MATH 355 Theory Of Probability
ST 455 or Mathematical Statistics II3
MATH 451 Math Stats W/Applictn I
Total Hours27

Real Estate 

Real EstateMore Information

Hours
FI 331Principles of Real Estate3
FI 436Real Estate Financing3
Select two of the following:6
Construction Cost Estimating
Introduction to Real Estate Property Management
Real Estate Appraisal
Real & Personal Property
Total Hours12

The opportunities for students who complete a bachelor's degree in finance range from positions in banking and financial services, corporate finance, investment management, real estate, insurance enterprise risk management, consulting, and the public sector.

Types of Jobs Accepted

Recent graduates take entry-level jobs as Actuary, Financial Analyst, Loan Officer, Investment Advisor, Personal Financial Planner, Insurance Company Agent in Operations, Underwriting, Claims, and Brokerage, and Real Estate Developer.

Jobs of Experienced Alumni

Asset Management, Investment Banking, Corporate Finance , Financial Services, Investment Management, Sales and Trading, Real Estate Portfolio Management, Bank Examiner.

Learn more about opportunities in this field at the Career Center