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BUSINESS
ADMINISTRATION
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Finance
The importance of the finance function is reflected by the fact
that more chief executive officers (CEOs) in the top 1,000 U.S.
companies started their careers in finance than in any other
functional area.
Finance majors study three interrelated areas of finance needed
for success: money and capital markets, investments, and
financial management. Globalization of business has undoubtedly
been the most important development of the 1990s that will
continue through the next century. Therefore, throughout the
finance curriculum there is emphasis/focus on global aspects of
business and financial management. Students are encouraged to
think, analyze, and solve business problems in a global
environment.
The new millennium will continue to see advances in computer and
communications technology, and this technology will
revolutionize the way financial decisions are made. Companies
have networks of personal computers linked to one another, to
other computer systems, and to their customers' and suppliers'
computers. The ability to access and analyze data on a real-time
basis also means that quantitative analysis is used routinely to
test out alternative courses of action. Keeping in mind that in
the new millennium the new generation of financial managers
will need stronger computer and quantitative skills, there is
increased emphasis throughout the curriculum on developing and
reinforcing computer, quantitative and analytical skills.
A central theme throughout the program is emphasis on competing
in a global marketplace. Students are taught to understand the
differences in the laws governing financial affairs of many
countries. Development and use of computer and quantitative
skills is emphasized throughout the students' academic program.
Students are encouraged to pursue co-ops and internships in
banks, security firms, investment houses and other financial
institutions before graduation.
There are a multitude of career opportunities available to
finance majors in a variety of industries, including banking,
securities, brokerage, real estate, insurance, investing and
personal financial planning. Finance graduates generally work as
security analyst, industry analyst, portfolio manager, personal
financial planner, professional lender, market maker, investment
broker, personal trust administrator and underwriters. Career
opportunities also exist in the areas of real estate and
insurance as sales representatives and real estate and insurance brokers,
mortgage and insurance underwriters and property managers.
In addition, both profit and nonprofit organizations depend on
the expertise of financial managers to continually maintain and
improve business.
A five-year joint B.S./M.B.A. program is available to qualified
students who wish to further strengthen their business
competencies, credentials and marketability.
This program is available in the day and the evening. Check
sheets are used to summarize progress in the program.
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