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University Bulletin

Undergraduate Degree Programs

Finance

University Park, Smeal College of Business (FIN)

PROFESSOR WILLIAM A. KRACAW, Chair of the Department of Finance

This major provides students with an opportunity to study investment analysis, management of banks and other financial institutions, and financial management of corporations and other businesses. Course coverage includes business finance, security markets, commercial bank management, investment valuations, portfolio management, futures and options markets, and capital budgeting.

Entrance Requirement: To be eligible for entrance into the Finance (FIN) major, a degree candidate must be enrolled in the Smeal College of Business or the Division of Undergraduate Studies and satisfy requirements for entrance to the major.

Specific entrance requirements include:

  1. The degree candidate must be taking, or have taken, a program appropriate for entry to the major as shown in the bulletin, including approximately 60 credits of course work.
  2. Complete the following entrance to major requirements: ACCTG 211(4)[1]; ECON 102 GS(3); SCM 200 GQ(4)[1] or STAT 200 GQ(4)[1]; ENGL 015 GWS(3) or ENGL 030 GWS(3); and MATH 110 GQ(4)[1] or MATH 140 GQ(4)[1]; FIN 301(3)[1]; MGMT 301(3)[1]; and MKTG 301(3)[1]. These courses must be completed by the end of the semester during which the entrance to major process is carried out.
  3. In addition to the above requirements, the Executive Vice President and Provost of the University may approve administrative enrollment controls that limit the number of students who are admitted to majors in the Smeal College of Business. In each case, however, academic requirements are established for admission. For information on enrollment controls, consult the Smeal College of Business Web site (http://www.smeal.psu.edu).

For the B.S. degree in Finance, a minimum of 120 credits is required with at least 15 credits at the 400 level.

Scheduling Recommendation by Semester Standing given like (Sem: 1-2)

GENERAL EDUCATION: 45 credits
(12 of these 45 credits are included in the REQUIREMENTS FOR THE MAJOR)
(See description of General Education in this bulletin.)

FIRST-YEAR SEMINAR:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

UNITED STATES CULTURES AND INTERNATIONAL CULTURES:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

WRITING ACROSS THE CURRICULUM:
(Included in REQUIREMENTS FOR THE MAJOR)

ELECTIVES: 14 credits

REQUIREMENTS FOR THE MAJOR: 73 credits
(This includes 12 credits of General Education courses: 3 credits of GWS courses; 6 credits of GQ courses; 3 credits of GS courses.)

PRESCRIBED COURSES (46 credits)
ACCTG 211(4)[1], ECON 102 GS(3), FIN 301(3)[1]; MGMT 301(3)[1]; and MKTG 301(3)[1] (Sem: 1-4)
B A 342(3), B A 411(3), B LAW 341(3), ECON 104 GS(3), ENGL 202D GWS(3), FIN 305W(3)[1], FIN 406(3)[1], FIN 408(3)[1], MIS 204(3), SCM 301(3), (Sem: 5-6)

ADDITIONAL COURSES (14 credits)
MATH 110 GQ(4)[1] or MATH 140 GQ(4)[1] (Sem: 1-2)
SCM 200 GQ(4)[1] or STAT 200 GQ(4)[1] (Sem: 1-2)
Select 6 credits[1] from FIN 405(3), FIN 407(3), FIN 410(3), FIN 414(3), FIN 460(3) or R M 460(3), FIN 470(3) or R M 470(3) (Sem: 7-8)

SUPPORTING COURSES AND RELATED AREAS (13 credits)
Select 4 credits: Attainment of 12th credit level proficiency in a single foreign language. (4 credits) Proficiency must be demonstrated by either examination or course work. (Sem: 1-4)
Select 3 credits of related coursework. See Department List. (Sem: 5-8)
Select 6 credits of supporting coursework. See Department List. (Sem: 5-8)

[1] A student enrolled in this major must receive a grade of C or better, as specified in Senate Policy 82-44.

Last Revised by the Department: Spring Semester 2010

Blue Sheet Item #: 38-06-040

Review Date: 04/13/2010

UCA Revision #1: 8/4/06

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