Dec 02, 2023  
2023 Undergraduate Catalog 1.2 (SUMMER-FALL) 
    
2023 Undergraduate Catalog 1.2 (SUMMER-FALL)

Finance (B.S.)- Hegis Code 0517.00


(Bachelor of Science Degree)

The finance major provides students with the ability to apply the general concepts of economics and finance to help solve management problems. Firms are becoming increasingly aware of the contribution that economics and finance can make in day-to-day decisions. The major is centered on a thorough understanding of economics and finance and is supplemented by courses in accounting, business law, marketing, and management.

In addition to providing an especially strong foundation for employment in business, the finance major is also a good basis for graduate work in business, economics, and law. The finance major can also help prepare students for high school certification in the areas of management and/or economics. Students considering public school teaching as a career should refer to the programs in education, listed alphabetically in this section of the catalog.

What You’ll Learn

The Utica University finance major begins with the Business Core, providing students with a solid foundation in the functional areas of business, including accounting, economics and marketing. Courses comprising the finance major teach students the skills necessary to apply advanced financial concepts to corporate and personal investment decisions. As part of the program requirement, you will gain hands-on investment experience from the first year by taking FIN 105 - Investment Practicum. In this class, you are required to make stock investment decisions using real money funded by the University.
 
In addition to a contemporary and compelling curriculum, students also have many opportunities to learn outside of the classroom. Students can join the Investment Club and help manage a portfolio worth over $200,000. They can meet regional and national business leaders by participating in our Executive Lecture Series or by participating in sponsored travel to New York City and academic conferences.

Learning Objectives

  1. Calculate the value of a business or other asset using the time value of money.
  2. Apply the principles of capital budgeting to business decisions.
  3. Recommend appropriate investments using the principles of portfolio theory.

Academic Requirements


Core/General Education: 34 - 55 Credit Hours


Effective for the 2022-2023 academic year, Utica University has implemented a new general education program that replaces Core. Students who are admitted, or readmitted, for the 2022- 2023 academic year or later must follow the requirements of the General Education program. Students admitted prior to the 2022-2023 academic year must follow the requirements of the Core program. For full details of program requirements, see the catalog pages for the Core program and the General Education program. Students with specific questions should consult with their academic adviser or success coach.

43 Credit Hours


Elective Courses (9 credits)


  • One Elective at the 300 level or above from ECN or FIN (3 credits)
  • One Elective at the 300 level or above from ACC, ECN, FIN, CMG, or an appropriate course with permission of program director (3 credits)
  • One Elective from ACC, ECN, FIN, CMG, or an appropriate course with permission of program director (3 credits)

 

Specializations


The faculty have identified several advising specializations, groups of courses within the elective offerings that provide
students with a focused path of study. Elective specializations are not formal parts of the curriculum but options within
the elective section of the program. Students do not have to focus on a specialization but can, with the consent of their
advisor, simply elect to take courses that meet their needs or interests. The specializations identified by the faculty are:
 

  • Investment
  • Real Estate Finance

Investment


This specialization provides students with knowledge of investment in equity, fixed income, and other financial assets. Students will be prepared to conduct security analysis and form security strategies, and are also expected to gain hands-on investment experience by running the Utica University Investment Club’s investment portfolios.

Real Estate Finance


This interdisciplinary specialization is designed for students who are interested in becoming real estate investment professionals. Besides taking classes in economics, finance, and accounting to value and assess the risks inherent in real estate investment, you will take selected classes through the construction management program to understand the process and analyze real estate development opportunities.

Program Credits


Core/General Education 34-55 Credits
Business Requirements 43 Credits
Finance Core 19-21 Credits
Electives 9 credits
College Electives 0-15 Credits
   
Total Credit Hours Required For Degree 120 Credits