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Major Requirements

The finance program is designed to meet the needs of students who have a variety of career goals. In many types of jobs, it is essential that one understand the process of financial decision making and the environment in which those decisions take place. To provide this understanding, the major combines a solid analytical foundation with broad coverage on how the financial system operates.

Programs of study are structured to benefit students who will enter both finance and nonfinance careers. In addition, many individuals who have decided to pursue advanced professional degrees have found the finance program to be quite valuable. In short, even if you are not certain whether your career will be in a traditional finance specialization, it is quite possible that finance courses will be very useful in your personal and professional life.

There is considerable flexibility in arranging individual programs of study within the major. Students may choose a well-rounded exposure to the many facets of financial decision making. They may select courses in such areas as investment analysis, computerized financial analysis, business financial management, banking and financial markets, real estate and insurance.

The courses below outline the requirements for successful completion of the academic program according to the 2007-2008 Undergraduate Academic Catalog.  This catalog is in effect for all incoming students for Fall 2007 or Spring 2008.  Current Rider students that are enrolled in this program have the option of continuing with the degree requirements in effect upon their initial enrollment or substituting with the current requirement.  For those students interested in continuing with the program requirements effective at their term of entry, you may download your Curriculum Checksheet:

Finance Major (18 semester hours)
Group A *
Three or four courses from the following list of four
FIN-307 Financial Markets and Institutions 3
FIN-310 Capital Budgeting 3
FIN-311 Corporate Financing Decisions 3
FIN-312 Investments 3
 
Group B *
Two of three finance electives (300-400 level), excluding Finance Internship

* The sum of credits from Group A and Group B must total 18.

Students must achieve a grade of at least C- in each of the major courses with a minimum GPA of 2.0 in the major. The following are recommended to those interested in the career areas specified below:

  • Corporate Financial Management
    FIN-310 Capital Budgeting
    FIN-311 Corporate Financing Decisions
    FIN- 330 Corporate Cash Management
  • Banking and Financial Markets
    FIN-307 Financial Markets and Institutions
    FIN-308 International Finance
  • Investment Analysis
    FIN-312 Investments
    FIN-412 Investment Analysis and Portfolio Management
  • Computer Applications
    FIN-315 Computerized Financial Casework
  • Insurance
    FIN-340 Principles of Risk Management.

Because the fields are related so closely to finance, majors are encouraged to take advanced courses in accounting, economics and personal computer applications in business. Among the most useful accounting courses are ACC-310 and ACC-311, Accounting Theory and Concepts I and II.

Special Double Major Opportunities
The finance department believes that recognition and credit should be given to the significant amount of finance-related material that is included in the programs for accounting and for actuarial science majors. As a result, students who are finance and accounting double majors or finance and actuarial science double majors can reduce the number of required finance courses from six to five. Details are available from the CBA dean’s office or from the chairperson of the finance department.