Degree Type: B.S.
CIP Code 52.0801
Major Code FIN
Department Code FIN
Degree Website

The Finance major provides a broad based, analytical program for students anticipating a career in the financial management of both large and small organizations. Finance provides a good background for students seeking general careers in business. Finance majors can elect to take courses in the following areas that prepare them for entry and advanced careers in

  • financial management of corporations
  • management of financial institutions
  • investments
  • financial services, insurance, and real estate.

In addition, the program in Finance is designed to provide the skills required by students earning degrees in other business disciplines and by students who seek professional degrees in areas such as law and public administration.

The Finance program offers applied and theoretical courses that enable the graduate to identify and solve problems in the acquisition and allocation of funds by organizations in the public and private sectors in domestic and international settings. It provides the background necessary for managing wealth in a risky environment. Finance relies on an interdisciplinary approach that draws on economic theory, accounting, information systems, and the quantitative decision frameworks of statistics and mathematics.

The major is designed to ensure that graduates are familiar with the tools of financial decision making and that they possess the skills to stay abreast of the developments in the field. Finance graduates will understand the functions and operations of financial markets, become familiar with computer applications in finance, and know how to access and utilize financial information. Course content is designed to provide majors with an appreciation of cooperative work skills and to enhance their verbal and written communication skills.

Intended Learning Outcomes

The curriculum for the Finance Major develops the ability to do the following:

  • The evaluation of investments by identifying key economic and political issues to determine appropriate investment strategies.
  • In-depth knowledge of financial management; the underlying principles of corporate finance and the analytical techniques involved in financial planning and decision-making.
  • A comprehensive understanding of the various functions and operations of financial institutions and markets.
  • Critical thinking and analytical abilities, including the capability to engage in inductive, deductive, and quantitative reasoning and to construct sound arguments.
  • The ability to communicate effectively, both on an individual basis and in collaboration with others.


State-Mandated Common Prerequisites

Students must complete the following courses (or equivalents) with a grade of C or higher in each course and an overall 2.00 GPA.

State Prerequisite USFSM Course Offerings
Course Number  Course Number Credit Hours
ACG X021 or ACG X022 or ACG X001 & ACG X011 ACG 2021 3
ACG X071 or ACG X301 ACG 2071 3
CGS X100C, CGS X100, CGS X530, CGS X570, CGS X060, CGS X531, CGS X000, ISM X000, or CGS X518 CGS 2100 3
ECO X013 ECO 2013 3
ECO X023 ECO 2023 3
MAC X233 or MAC X230 MAC 2233 3
STA X023, STA X122, or QMB X100 STA 2023 3

Required Communication Courses

Students must complete two (2) of the following for a total of six (6) credit hours.

Course Number Title Credit Hours Requisites (KEY) Notes (KEY)
SPC 2608 Public Speaking 3 None SMEL
COM 3110 Communication for Business and the Professions None
ENC 3250 Professional Writing 3 PR: ENC 1101 and ENC 1102 OR ENC 1121 and ENC 1122
ENC 3310 Expository Writing PR: ENC 1101 and ENC 1102 OR ENC 1121 and ENC 1122 SMCD

Business Foundation Required Courses (21 credit hours)

Foundation Courses in business require a minimum grade of C in each foundation course with an overall 2.00 GPA.

Course Number Title Credit Hours Requisites (KEY) Notes (KEY)
BUL 3320 Law and Business I 3 None
FIN 3403 Principles of Finance 3 PR: ACG 2071, ECO 2013, ECO 2023
ISM 3011 Information Systems in Organizations 3 PR: CGS 2100 or equivalent
QMB 3200 Business and Economic Statistics II 3 PR: MAC 2233 or MAC 2241, QMB 2100 For USFSM students, STA 2023 can serve as equivalent to QMB 2100
MAN 3025 Principles of Management 3 None SMLE
MAR 3023 Basic Marketing 3 Junior Standing
GEB 4890 Strategic Management and Decision Making 3 PR: FIN 3403, MAN 3025, MAR 3023; Senior Standing 6ACM, SMCC; This course should be taken in the final semester of the program.

Additionally, all business students are required to select at least one course that deals with contemporary international topics. This course can be included in the business, non-business, or elective category. Consult with a business advisor for approved courses.


Students must complete a minimum of eighteen (18) credit hours of upper-level finance courses beyond FIN 3403. At least twelve (12) credit hours must be taken in residence at USFSM. A grade point average of 2.00 or higher must be achieved in all major coursework at USFSM. Students are required to earn a “C” or higher in all finance courses that are counted toward the major requirements.

Courses taken as part of the major, minor, or concentration, cannot be used on other majors, minors or concentrations within the College of Business.

Required Courses (18 credit hours)

Course Number Title Credit Hours Requisites (KEY) Notes (KEY)
FIN 4303 Financial Institutions and Markets 3 PR: FIN 3403 with a grade of “C” or better
FIN 4414 Advanced Corporation Finance 3 PR: FIN 3403 with a grade of “C” or better
FIN 4504 Principles of Investments 3 PR: FIN 3403 with a grade of “C” or better
Additional upper-level approved Finance electives 9 Finance electives can be selected from among those 3000 and 4000 level classes that have FIN, REE, and RMI prefixes, as well as MAR 3400 and TAX 4001. At least one elective must have an FIN prefix.