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Degrees and Requirements

Finance

Finance, a program in the Business Group, is accredited by the Accreditation Council for Business Schools and Programs (ACBSP), a leading specialized acceditation association for business education.

The central objectives of the major in finance are to develop students' critical and analytical skills and to enable them to apply these skills effectively in identifying and solving problems in the area of finance. A second program objective is to foster within the student awareness of values and moral issues in modern finance.

To successfully complete the Finance Degree, a minimum of 120 credits are required, the last 30 of which must be earned at La Roche University.

The following coursework is required:

  • 48 credits of Business Core Requirements
  • 18 credits of Finance Major Requirements
  • 9 credits of Finance Major Electives
  • 9 credits of Skills Components
  • 34 credits of CORE Curriculum courses

*Note: A course used as a major requirement can not also be used as a major elective. The same cousre will not fulfill both a major requirement and a major elective.

Summary of Requirements

Business Core Requirements: 48 credits

  • ACCT2003
    ACCOUNTING I

    ACCT2003
    ACCOUNTING I

    Credits (Min/Max): 3/3

    The first of a two-course introductory financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements. This course focuses on a basic introduction to Generally Accepted Accounting Principles along with the principles and concepts of recording, processing, and reporting accounting information. Topics include the accounting cycle, including financial statement preparation; merchandising operations, including inventory systems and cost flow assumptions; special journals; internal control systems; cash and bank reconciliations; and receivables and uncollectible accounts.

    PREREQUISITES:

  • ACCT2004
    ACCOUNTING II

    ACCT2004
    ACCOUNTING II

    Credits (Min/Max): 3/3

    The second of a two-course introductory financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements. This course focuses on a continuation of basic Generally Accepted Accounting Principles along with the principles and concepts of recording, processing, reporting, using, and analyzing accounting information. Topics include long-lived assets, current and long-term liabilities, partnership and corporate equity transactions, the statement of cash flows, and ratio analysis.

    PREREQUISITES:

    ACCT2003

  • ACCT2013
    MANAGERIAL ACCOUNTING

    ACCT2013
    MANAGERIAL ACCOUNTING

    Credits (Min/Max): 3/3

    An examination of the internal uses of accounting information, this course focuses on the relationship between accounting data and management's information needs in support of planning, controlling, motivating, and decision making. Topics include costing systems and behaviors; product costs, period costs, and overhead application methods; cost-volume-profit analysis; budgeting; standards and variance analysis; and managerial decision making.

    PREREQUISITES:

    ACCT2003

  • ADMG1005
    MACROECONOMICS

    ADMG1005
    MACROECONOMICS

    Credits (Min/Max): 3/3

    An introductory economics course focusing on the field of macroeconomics, including government spending, money, inflation, unemployment and taxes. Also included are brief sections on microeconomic and economic systems.

    PREREQUISITES:

  • ADMG1006
    MICROECONOMICS

    ADMG1006
    MICROECONOMICS

    Credits (Min/Max): 3/3

    An introductory economics course focusing on the field of microeconomics. Price, cost and production theory are covered in relation to competitive, monopolistic and oligopolistic industry structure. The field of labor economics is treated in some detail. Some advanced macroeconomics topics are also covered.

    PREREQUISITES:

  • ADMG1018
    FUNDAMENTALS OF MANAGEMENT

    ADMG1018
    FUNDAMENTALS OF MANAGEMENT

    Credits (Min/Max): 3/3

    An introduction to the three major schools of management thought: the classical, the behavioral and the management science schools. The major emphasis is on the fundamentals of each school of thought and also on the integrative approach to management, drawing on the systems and contingency approaches.

    PREREQUISITES:

  • ADMG2009
    BUSINESS LAW I

    ADMG2009
    BUSINESS LAW I

    Credits (Min/Max): 3/3

    This coure is an introduction to law and legal procedure. Contracts, their nature and requisites formation, operations, interpretation, discharge and remedies are discussed.

    PREREQUISITES:

  • ADMG2018
    ORGANIZATIONAL BEHAVIOR

    ADMG2018
    ORGANIZATIONAL BEHAVIOR

    Credits (Min/Max): 3/3

    This course provides an in-depth examination of organizational behavior from a macro-perspective. This course includes a review of the research on organizational structure, technology and the environment, as well as their relationship and the implications for effective organizational design. Also included in the course are discussions of organizational goals and effectiveness, organizational culture, organizational conflict and politics, and alternative organizational structure in the U.S. and abroad.

    PREREQUISITES:

    ADMG1018

  • ADMG2025
    HUMAN RESOURCES ADMINISTRATION

    ADMG2025
    HUMAN RESOURCES ADMINISTRATION

    Credits (Min/Max): 3/3

    A study of the basics of human resources management including planning, recruitment selection, motivation and performance appraisal. Also treated are salary benefits systems and an introduction to EEOC and OSHA law.

    PREREQUISITES:

  • ADMG4020
    OPERATIONS MANAGEMENT

    ADMG4020
    OPERATIONS MANAGEMENT

    Credits (Min/Max): 3/3

    Study is given to the basic operations, functions and procedures. An analytical approach is utilized with emphasis on problem solving. Modern management science techniques such as linear programming, PERT and inventory control models are presented.

    PREREQUISITES:

    Reserved for JR/SR Only

  • ADMG4055
    SEMINAR - BUSINESS POLICY

    ADMG4055
    SEMINAR - BUSINESS POLICY

    Credits (Min/Max): 3/3

    An intensive culmination and synthesization of the study of administration and management consisting of readings, case study and class discussion. The primary emphasis is on the development of the skills of strategic analysis from the viewpoint of the general manager.

    PREREQUISITES:

    Reserved for Senior Only

  • FINC3032
    FINANCIAL MANAGEMENT

    FINC3032
    FINANCIAL MANAGEMENT

    Credits (Min/Max): 3/3

    An analytical study of external sources and processes of financing. Financial analysis tools, short-and long-term financing, dividend policy and capital budgeting are examined.

    PREREQUISITES:

    ACCT2004

  • FINC3036
    FINANCIAL INSTITUTIONS

    FINC3036
    FINANCIAL INSTITUTIONS

    Credits (Min/Max): 3/3

    This course will provide for an understanding of the various types of financial institutions that exist and operate in the American economy. Their relationship and activities in the international environment will also be addressed.

    PREREQUISITES:

    ADMG1005 & ACCT2004

  • INMT3039
    INTERNATIONAL BUSINESS MGMT

    INMT3039
    INTERNATIONAL BUSINESS MGMT

    Credits (Min/Max): 3/3

    An introduction to international business management with particular emphasis on the field of international finance and economics. In addition, the course deals with problems in the area of finance, marketing, production and organization, both from the perspective of the multinational corporation and the domestic corporation trading in international markets.

    PREREQUISITES:

  • ISTC1010
    DIGITAL LITERACY

    ISTC1010
    DIGITAL LITERACY

    Credits (Min/Max): 3/3

    This course addresses information and technological literacy in the digital age. Students will develop cognitive and technological competencies in both the discovery and evaluation of information, as well as the creation and dissemination of content, all within a digital context. Students will be introduced to a set of basic digital tools, but the focus will be placed on developing the ability to adapt to new and changing technologies in the future.

    PREREQUISITES:

  • MRKT2021
    MARKETING MANAGEMENT (ADMG2021)

    MRKT2021
    MARKETING MANAGEMENT (ADMG2021)

    Credits (Min/Max): 3/3

    A basic study of marketing systems in the American economy. This course includes, identifying the activities involved in the flow of goods among manufacturers, brokers, wholesalers, retailers and consumers. The nature of demand, buyer behavior, costs and pricing, sales strategies, promotions and techniques are presented.Cross-listed with ADMG2021

    PREREQUISITES:

Finance Major Electives: 9 credits

  • ACCT3001
    TAXATION I

    ACCT3001
    TAXATION I

    Credits (Min/Max): 3/3

    This introductory taxation course examines the basic income tax provisions of the federal Internal Revenue Code, with a particular focus on those provisions that affect the tax liabilities of individual taxpayers. This course focuses on some of the basic forms that must be submitted by taxpayers, recognition of present real world tax issues, planning strategies to ensure compliance with applicable law and regulations while minimizing the taxpayers' exposure to liability, and the evaluation of the practical and ethical issues that may be encountered in implementing tax strategies.

    PREREQUISITES:

    ACCT2004

  • ACCT3002
    TAXATION II

    ACCT3002
    TAXATION II

    Credits (Min/Max): 3/3

    This course examines the basic income tax provisions of the federal Internal Revenue Code, with a particular focus on those provisions applicable to partnerships, corporations, and other entities. This course focuses on choice of entity issues, tax accounting and procedural issues, planning strategies, and the evaluation of the practical and ethical issues that may be encountered in implementing tax strategies.

    PREREQUISITES:

    ACCT2004

  • ACCT3011
    INTERMEDIATE ACCOUNTING I

    ACCT3011
    INTERMEDIATE ACCOUNTING I

    Credits (Min/Max): 3/3

    The first of a two-course in-depth financial accounting sequence that examines the foundations of accounting theory and practice from the viewpoint of preparers and users of financial statements. This course focuses on a detailed examination and application of Generally Accepted Accounting Principles as they relate to the asset side of the balance sheet. Topics include the more complex details and attributes of accounting conceptual framework, financial statements and required disclosures, time value of money, cash, revenue recognition, receivables, inventory, and long-lived assets.

    PREREQUISITES:

    ACCT2004

  • ACCT3012
    INTERMEDIATE ACCOUNTING II

    ACCT3012
    INTERMEDIATE ACCOUNTING II

    Credits (Min/Max): 3/3

    The second of a two-course in-depth financial accounting sequence that examines the foundations of accounting theory and practice from the viewpoint of preparers and users of financial statements. This course focuses on a continuation of the detailed examination and application of Generally Accepted Accounting Principles as they relate to the liability and equity side of the balance sheet, along with the impact on the other financial statements. Topics include long-term debt, share-based compensation, earnings per share, leases, prior period adjustments, accounting changes, and the statement of cash flows.

    PREREQUISITES:

    ACCT2004

  • ADMG2010
    BUSINESS LAW II

    ADMG2010
    BUSINESS LAW II

    Credits (Min/Max): 3/3

    Study of sales: Article 2 of the Uniform Commercial Code, transfer of title, warranties, rights and remedies of buyer and seller; Commercial paper; Article 3 of the Uniform Commercial Code and Article 4 of the Uniform Commercial Code: Bank Deposits.

    PREREQUISITES:

    ADMG2009

  • ADMG3010
    BUSINESS ORGANIZATION AND REGULATION

    ADMG3010
    BUSINESS ORGANIZATION AND REGULATION

    Credits (Min/Max): 3/3

    This course studies the concepts of Unincorporated Business Association and Corporations. It also provides an overview of the issues relating to the Regulation of Business.

    PREREQUISITES:

    ADMG2009

  • FINC4020
    SIE AND SERIES 7 PREP PROGRAM

    FINC4020
    SIE AND SERIES 7 PREP PROGRAM

    Credits (Min/Max): 3/3

    SIE & Series 7 Prep Program will cover topics related to the SIE (Securities Industry Essentials) exam and the Series 7 exam. Both exams are required to earn a General Securities Representative Exam license. Students are eligible to take the SIE exam prior to graduation, whereas sponsorship employment is required to sit for the Series 7 exam. On-line course materials provided by Securities Training Corporation will be available to the student up to one year after completion of the course. SIE portion of the license is valid for four years. All business majors are eligible for this course. This course is not affiliated with FINRA, the SIE and Series 7 exam provider, and does not exempt students from the examination eligibility requirements.

    PREREQUISITES:

  • FINC4025
    FI-SOLVE APPLIED INVESTMENTS

    FINC4025
    FI-SOLVE APPLIED INVESTMENTS

    Credits (Min/Max): 3/3

    Fi-SOLVE (Finance Student Operated Laboratory Venture) - Applied Investments is an interactive experience where students collaborate as portfolio managers to construct and manage a portfolio of funds provided by the Academic Affairs department of La Roche University. Additionally, students will study an alternative asset class and explore an advanced topic within the investments arena.

    PREREQUISITES:

    FINC3031 or FINC4020 or FINC3032

  • FINC4039
    REAL ESTATE FINANCE

    FINC4039
    REAL ESTATE FINANCE

    Credits (Min/Max): 3/3

    This course provides the basics of real estate financial analysis including legal instruments, financing residential properties, income-producing properties, real estate development, institutional sources of funds and the secondary mortgage market.

    PREREQUISITES:

    FINC3032

  • FINC4051
    INTERNSHIP I - FINANCE

    FINC4051
    INTERNSHIP I - FINANCE

    Credits (Min/Max): 1/6

    A field experience in a finance position, supervised by a field instructor as well as college faculty. The internship is designed to increase understanding of finance and the finance-related issues and perspectives as they relate to the business environment.

    PREREQUISITES:

  • ISTC2021
    MGMT OF INFORMATION SYSTEMS

    ISTC2021
    MGMT OF INFORMATION SYSTEMS

    Credits (Min/Max): 3/3

    This course provides discussion and analysis of current issues related to the management of information systems. The components of an information system; hardware, software, data, connectivity, procedures and people are discussed in relationship to a variety of information systems including collaboration information systems, social media information systems, and enterprise wide systems such as Enterprise Resource Planning, Customer Relationship Management and Supply Chain Management. Other major areas of analysis include cloud computing, business intelligence, and the Systems Development Life Cycle. The focus of the analysis is using Information Systems to gain a competitive advantage in the marketplace.

    PREREQUISITES:

  • ISTC2045
    DATA BASE MANAGEMENT SYSTEMS

    ISTC2045
    DATA BASE MANAGEMENT SYSTEMS

    Credits (Min/Max): 3/3

    This course provides the basic knowledge required to operate and use a computer to perform the practical tasks of data file creation, retrieval of data and maintenance of data files. DBMS's are used for all types of applications involving medium-to-large scale data files. Major focus is on the acquisition of a working knowledge of the theories, principles and operating procedures of data base management systems using a representative DBMS. This course is appropriate for all potential users of computers in all fields of study.

    PREREQUISITES:

    ISTC1005

  • ISTC3025
    CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

    ISTC3025
    CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

    Credits (Min/Max): 3/3

    Case Studies Using Advanced Excel is designed to provide students with advanced Excel applications requiring analytical skills. This course will require application within a variety of both profit and non-profit situations and will focus on problem solving and critical thinking with Excel. Excel skills incorporated into case studies will include, but are not limited to: Pivot tables and charts, VLOOKUP, IF,AND,OR formulas, Text-to-Columns, Concatenate function and financial functions such as NPV, IRR, PV and FV. Cross-listed with ADMG3025

    PREREQUISITES:

    ISTC1005

Finance Major Requirement: Choose One: 3 credits

  • ISTC2045
    DATA BASE MANAGEMENT SYSTEMS

    ISTC2045
    DATA BASE MANAGEMENT SYSTEMS

    Credits (Min/Max): 3/3

    This course provides the basic knowledge required to operate and use a computer to perform the practical tasks of data file creation, retrieval of data and maintenance of data files. DBMS's are used for all types of applications involving medium-to-large scale data files. Major focus is on the acquisition of a working knowledge of the theories, principles and operating procedures of data base management systems using a representative DBMS. This course is appropriate for all potential users of computers in all fields of study.

    PREREQUISITES:

    ISTC1005

  • ISTC3025
    CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

    ISTC3025
    CASE STUDIES USING ADVANCED EXCEL (ADMG3025)

    Credits (Min/Max): 3/3

    Case Studies Using Advanced Excel is designed to provide students with advanced Excel applications requiring analytical skills. This course will require application within a variety of both profit and non-profit situations and will focus on problem solving and critical thinking with Excel. Excel skills incorporated into case studies will include, but are not limited to: Pivot tables and charts, VLOOKUP, IF,AND,OR formulas, Text-to-Columns, Concatenate function and financial functions such as NPV, IRR, PV and FV. Cross-listed with ADMG3025

    PREREQUISITES:

    ISTC1005

Finance Major Requirements: 15 credits

  • FINC3031
    INVESTMENTS

    FINC3031
    INVESTMENTS

    Credits (Min/Max): 3/3

    An analysis of securities and a study of principles of governing the management of investment assets in light of relevant economic factors.

    PREREQUISITES:

    ACCT2004

  • FINC3032
    FINANCIAL MANAGEMENT

    FINC3032
    FINANCIAL MANAGEMENT

    Credits (Min/Max): 3/3

    An analytical study of external sources and processes of financing. Financial analysis tools, short-and long-term financing, dividend policy and capital budgeting are examined.

    PREREQUISITES:

    ACCT2004

  • FINC3040
    RISK MANAGEMENT AND INSURANCE

    FINC3040
    RISK MANAGEMENT AND INSURANCE

    Credits (Min/Max): 3/3

    Identifying and analyzing risk and managing it through insurance and alternative tools are integral to the overall risk management plans of individuals and firms.

    PREREQUISITES:

    FINC3032 & MATH1040

  • FINC4033
    MANAGERIAL FINANCE

    FINC4033
    MANAGERIAL FINANCE

    Credits (Min/Max): 3/3

    An advanced course in corporate finance. Case studies utilized to describe a series of decisions facing the corporate managers of domestic and multinational firms as they assess the value of various investment and financial strategies. Practical and conceptual issues facing managers in large and small firms are addressed.

    PREREQUISITES:

    FINC3032

  • INMT4046
    INTERNATIONAL FINANCE

    INMT4046
    INTERNATIONAL FINANCE

    Credits (Min/Max): 3/3

    A growing number of firms engage in various types of international financial transactions. This course focuses on international financial management issues such as foreign exchange markets, international capital markets such as Eurobond markets and international banks, international banking and international risk analysis.

    PREREQUISITES:

    FINC3032

Skills Component Requirements: 9 credits

  • ADMG3024
    PROFESSIONAL PRESENTATION

    ADMG3024
    PROFESSIONAL PRESENTATION

    Credits (Min/Max): 3/3

    This course is designed to provide students in the professional areas with training in preparing and giving professional presentations. Students will develop skills in audience/client assessment, research, presentation design and development, using presentation tools and presentation evaluation.

    PREREQUISITES:

    Reserved for JR/SR Only

  • MATH1030
    CALCULUS FOR BUSINESS, ECONOMICSAND MGMT SCIENCES

    MATH1030
    CALCULUS FOR BUSINESS, ECONOMICSAND MGMT SCIENCES

    Credits (Min/Max): 3/3

    A one-semester course in the differential and integral calculus of functions of a single variable. Emphasis on concepts and the skills of differentiation and integration with applications from Administration, Economics and Managerial Sciences.

    PREREQUISITES:

    MATH1010

  • MATH1040
    PROBABILITY AND STATISTICS

    MATH1040
    PROBABILITY AND STATISTICS

    Credits (Min/Max): 3/3

    The study of the fundamentals of probability theory with applications to natural and social sciences as well as to mathematics. Discrete and continuous distributions, sampling theory, linear correlation, regression, statistical inference, estimation and analysis of variance are included.

    PREREQUISITES:

    MATH1010