Finance teaches the techniques that managers use to make and evaluate all types of organizational decisions. Majors in Finance take introductory course work in business finance, investments, insurance, and real estate; students then have the flexibility to choose electives from any of the above areas.
Majors often enter careers in real estate, insurance, banking, corporate finance, financial services, or general management positions. In addition to careers in corporate finance, investments, and banking, this major allows students to prepare for a wide range of organizational activities.
The Finance student is also able to prepare for a specialized job in the rapidly growing financial services industry: insurance, real estate, brokerage, financial planning, and portfolio management.
To achieve these goals the student chooses one of two concentrations: Financial Analysis or Financial Services.
The Financial Analysis concentration has a greater emphasis upon quantitative skills and helps students to prepare for careers in areas such as securities analysis, financial research, banking, corporate finance and in addition provides a solid background for further studies at the graduate level. Required courses include:
Intermediate Accounting (ACCT 309), Aggregate Economic Analysis (ECON 301), Intermediate Economics (ECON 302), Money and Banking (ECON 310), Investments (FIN 400), Advanced Business Finance (FIN 410), and International Finance (FIN 440) as well as three 300 or 400 level finance electives.
Students interested in banking, corporate finance, investment analysis, or other traditional finance careers should consult Dr. Chengho Hsieh or Dr. Timothy Vines regarding the three finance electives.
Financial Services is designed to introduce the student to financial planning, insurance sales and underwriting, commercial and residential real estate sales and development, real estate lending, real estate appraisal, and real estate counseling. Required courses include:
Money and Banking (ECON 310), Risk and Insurance (FIN 320), Introduction to Investments (FIN 331), Principles of Real Estate (FIN 340)
Students should select electives based on their interests.
Students interested in Insurance should take:
Property & Casualty Insurance (FIN 322), Life and Health Insurance (FIN 326), and Personal Sales (MKT 330)
Students interested in Real Estate should complete:
Real Estate Appraisal (FIN 442), Real Estate Finance and Investments (FIN 450), and Geographic Information Systems (GEOG 420)
Students interested in real estate sales or brokerage should consult the Louisiana Real Estate Commission for further information on education requirements.
For additional information on real estate appraisal certification requirements please contact the Louisiana Appraisal Board.
General Business Administration
Many students in the College choose General Business Administration as a major because it provides the maximum flexibility to acquire knowledge from all fields of business, including accounting, business law, management and marketing. Many of these majors are preparing for multipurpose management roles in small organizations or as entrepreneurs. Course scheduling provides the opportunity to complete all requirements in evening.
The student interested in an Economics minor should complete ECON 201 and ECON 202 plus 12 additional hours of economics. Three hours of 300 or 400 level finance level electives or Geog 460 may be used for the Economics minor.