Finance, B.S. (Business)

Program Code: FIN_BS

Entrance to Major

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.

Administrative Enrollment Controls

This program currently has administrative enrollment controls. Administrative Enrollment Controls are initiated when limitations of space, faculty, or other resources in a major prevent accommodating all students who request them. Students must follow the administrative enrollment controls that are in effect for the semester that they enter the university.

First-Year Students Entering Summer 2020, Fall 2020, Spring 2021

In order to be eligible for entrance to this major, students must satisfy the following requirements:

Students Who Entered Prior to Summer 2020

Students who entered the University from Summer 2018 through Spring 2020 should view the administrative enrollment controls in the appropriate Undergraduate Bulletin archive. Students who entered the University prior to the summer 2018 semester should view the administrative enrollment controls for the semester that they entered the university on the Academic Advising Portal.

Degree Completion

Students accepted into the Finance major are expected to enroll at University Park the fall semester after gaining entrance to the major. In addition, Senate Policy 83-80.5 stipulates that the college dean and program faculty may require up to 24 credits of course work in the major to be taken in the college where the degree is earned. Based on this policy, the Smeal College of Business has set the following credit earning limitations for FIN majors:

  1. Fifteen credits of 300/400 level prescribed and additional courses in the major field must be completed with Finance faculty at University Park.
  2. Nine additional credits of 300/400 level related and supporting courses must also be completed at University Park. See the Finance Suggested Academic Plan for details.

Degree Requirements

For the Bachelor of Science degree in Finance, a minimum of 120 credits is required with at least 15 credits at the 400 level:

Requirement Credits
General Education 45
Electives 14
Requirements for the Major 73

12 of the 45 credits for General Education are included in the Requirements for the Major. This includes: 3 credits of GWS courses (ENGL 202D); 6 credits of GQ courses (MATH 110 or MATH 140 and SCM 200 or STAT 200); 3 credits of GS courses (ECON 102).

General Education

Connecting career and curiosity, the General Education curriculum provides the opportunity for students to acquire transferable skills necessary to be successful in the future and to thrive while living in interconnected contexts. General Education aids students in developing intellectual curiosity, a strengthened ability to think, and a deeper sense of aesthetic appreciation. These are requirements for all baccalaureate students and are often partially incorporated into the requirements of a program. For additional information, see the General Education Requirements section of the Bulletin and consult your academic adviser.

The keystone symbol Keystone/General Education Course appears next to the title of any course that is designated as a General Education course. Program requirements may also satisfy General Education requirements and vary for each program.

Foundations (grade of C or better is required.)

  • Quantification (GQ): 6 credits
  • Writing and Speaking (GWS): 9 credits

Knowledge Domains

  • Arts (GA): 6 credits
  • Health and Wellness (GHW): 3 credits
  • Humanities (GH): 6 credits
  • Social and Behavioral Sciences (GS): 6 credits
  • Natural Sciences (GN): 9 credits

Integrative Studies (may also complete a Knowledge Domain requirement)

  • Inter-Domain or Approved Linked Courses: 6 credits

University Degree Requirements

First Year Engagement

All students enrolled in a college or the Division of Undergraduate Studies at University Park, and the World Campus are required to take 1 to 3 credits of the First-Year Seminar, as specified by their college First-Year Engagement Plan.

Other Penn State colleges and campuses may require the First-Year Seminar; colleges and campuses that do not require a First-Year Seminar provide students with a first-year engagement experience.

First-year baccalaureate students entering Penn State should consult their academic adviser for these requirements.

Cultures Requirement    

6 credits are required and may satisfy other requirements

  • United States Cultures: 3 credits
  • International Cultures: 3 credits

Writing Across the Curriculum

3 credits required from the college of graduation and likely prescribed as part of major requirements.

Total Minimum Credits

A minimum of 120 degree credits must be earned for a baccalaureate degree. The requirements for some programs may exceed 120 credits. Students should consult with their college or department adviser for information on specific credit requirements.

Quality of Work

Candidates must complete the degree requirements for their major and earn at least a 2.00 grade-point average for all courses completed within their degree program.

Limitations on Source and Time for Credit Acquisition

The college dean or campus chancellor and program faculty may require up to 24 credits of course work in the major to be taken at the location or in the college or program where the degree is earned. Credit used toward degree programs may need to be earned from a particular source or within time constraints (see Senate Policy 83-80). For more information, check the Suggested Academic Plan for your intended program.

Requirements for the Major

To graduate, a student enrolled in the major must earn a grade of C or better in each course designated by the major as a C-required course, as specified by Senate Policy 82-44.

Prescribed Courses
BA 342Socially Responsible, Sustainable and Ethical Business Practice3
BA 411Analyzing Business and Industry3
BLAW 341Business Law I: Introduction to Contracts, Liability Issues, and Intellectual Property3
ECON 102Introductory Microeconomic Analysis and Policy Keystone/General Education Course3
ECON 104Introductory Macroeconomic Analysis and Policy Keystone/General Education Course3
MIS 250Introduction to Problem Solving with Spreadsheet Analysis and Information Systems Management3
SCM 301Supply Chain Management3
Prescribed Courses: Require a grade of C or better
ACCTG 211Financial and Managerial Accounting for Decision Making4
ENGL 202DEffective Writing: Business Writing Keystone/General Education Course3
FIN 301Corporation Finance3
FIN 305WFinancial Management of the Business Enterprise3
FIN 406Security Analysis and Portfolio Management3
FIN 408Financial Markets and Institutions3
MGMT 301Basic Management Concepts3
MKTG 301Principles of Marketing3
Additional Courses
Additional Courses: Require a grade of C or better
MATH 110Techniques of Calculus I Keystone/General Education Course4
or MATH 140 Calculus With Analytic Geometry I Keystone/General Education Course
SCM 200Introduction to Statistics for Business Keystone/General Education Course4
or STAT 200 Elementary Statistics Keystone/General Education Course
Select 6 credits of the following:6
Advanced Financial Management
Multinational Financial Management
Derivative Markets
Financial Trading and Applications
Advanced Financial Modeling
Real Estate Financial Analysis
Real Estate Financial Analysis
Real Estate and Capital Markets
Real Estate and Capital Markets
Supporting Courses and Related Areas
Attainment of 12th credit level proficiency in a single foreign language. Proficiency must be demonstrated by either examination or coursework.4
Select 3 credits of related coursework. See Department List.3
Select 6 credits of supporting coursework. See Department List.6

Academic Advising

The objectives of the university’s academic advising program are to help advisees identify and achieve their academic goals, to promote their intellectual discovery, and to encourage students to take advantage of both in-and out-of class educational opportunities in order that they become self-directed learners and decision makers.

Both advisers and advisees share responsibility for making the advising relationship succeed. By encouraging their advisees to become engaged in their education, to meet their educational goals, and to develop the habit of learning, advisers assume a significant educational role. The advisee’s unit of enrollment will provide each advisee with a primary academic adviser, the information needed to plan the chosen program of study, and referrals to other specialized resources.

READ SENATE POLICY 32-00: ADVISING POLICY

University Park

Advising Center
Smeal College Undergraduate Education
202 Business Building
University Park, PA 16802
814-863-1947
SmealAdvising@smeal.psu.edu

Suggested Academic Plan

The suggested academic plan(s) listed on this page are the plan(s) that are in effect during the 2020-21 academic year. To access previous years' suggested academic plans, please visit the archive to view the appropriate Undergraduate Bulletin edition (Note: the archive only contain suggested academic plans beginning with the 2018-19 edition of the Undergraduate Bulletin).

Finance, B.S. at University Park Campus

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
PSU 61MGMT 3011,23
(MATH 110 or MATH 140) or (SCM 200 or STAT 200) (GQ)1,24(SCM 200 or STAT 200) or (MATH 110 or MATH 140) (GQ)1,24
ENGL 15, 30H, ESL 15, ENGL 137H, or CAS 137H1,23World Language - Level Two34
ECON 102 (GS)23General Education Course (US)43
World Language - Level One34 
 15 14
Second Year
FallCreditsSpringCredits
MKTG 3011,23FIN 3011,23
ACCTG 2111,24SCM 3013
ECON 1043CAS 100, ENGL 138T, or CAS 138T13
World Language - Level Three34MIS 2503
General Education Course (IL)43General Education Course43
 17 15
Third Year
FallCreditsSpringCredits
FIN 305W13FIN 4XX - Additional Finance Course13
FIN 408 or 40613FIN 406 or 40813
ENGL 202D13General Education Course (N)43
BLAW 341 or BA 3423BA 342 or BLAW 3413
General Education Course43General Education Course43
 15 15
Fourth Year
FallCreditsSpringCredits
FIN 4XX - Additional Finance Course13Two-Piece Sequence (see Department List)3
BA 411 (or Related Area (see Department List))3BA 411 (or Related Area (see Department List))3
Two-Piece Sequence (see Department List)3General Education Course43
General Education Course (Z)43General Education Course43
Elective42Elective43
 14 15
Total Credits 120

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

All incoming Schreyer Honors College first-year students at University Park will take ENGL 137H/CAS 137H in the fall semester and ENGL 138T/CAS 138T in the spring semester. These courses carry the GWS designation and replace both ENGL 30H and CAS 100. Each course is 3 credits.

College and Department Notes:

  1. The Smeal College of Business requires that the following entrance-to-major courses be taken at Penn State: ACCTG 211, MGMT 301, MKTG 301, and FIN 301.
  2. Pursuant to the Association to Advance Collegiate Schools of Business (AACSB) accreditation standards, the Smeal College of Business requires that all upper division courses within the departments sponsoring the major be completed in residence at University Park under the instruction of Smeal College faculty.

Finance, B.S. at Commonwealth Campuses

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
First-Year Seminar (if required by Campus)1-0MGMT 3011,23
(MATH 110 or MATH 140) or (SCM 200 or STAT 200) (GQ)1,24(SCM 200 or STAT 200) or (MATH 110 or MATH 140) (GQ)1,24
ENGL 15, 30H, ESL 15, ENGL 137H, or CAS 137H1,23World Language - Level Two34
ECON 102 (GS)23General Education Course (US)43
World Language - Level One34 
 15-14 14
Second Year
FallCreditsSpringCredits
MKTG 3011,23FIN 3011,23
ACCTG 2111,24ENGL 202D1,23
ECON 1043CAS 100, ENGL 138T, or CAS 138T13
World Language - Level Three34General Education Course43
General Education Course (IL)43General Education Course43
 17 15
Third Year
FallCreditsSpringCredits
FIN 305W13FIN 4XX - Additional Finance Course13
FIN 408 or 40613FIN 406 or 40813
SCM 3013General Education Course (N)43
BLAW 341 or BA 3423BA 342 or BLAW 3413
MIS 2503General Education Course43
 15 15
Fourth Year
FallCreditsSpringCredits
FIN 4XX - Additional Finance Course13Two-Piece Sequence (see Department List)3
BA 411 (or Related Area (see Department List))3BA 411 (or Related Area (see Department List))3
Two-Piece Sequence (see Department List)3General Education Course43
General Education Course (Z)43General Education Course43
Elective42-3Elective43
 14-15 15
Total Credits 120

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

College and Department Notes:

  1. The Smeal College of Business requires that the following entrance-to-major courses be taken at Penn State: ACCTG 211, MGMT 301, MKTG 301, and FIN 301.
  2. Pursuant to the Association to Advance Collegiate Schools of Business (AACSB) accreditation standards, the Smeal College of Business requires that all upper division courses within the departments sponsoring the major be completed in residence at University Park under the instruction of Smeal College faculty.

Accreditation

The Smeal College Bachelor of Science degree in Finance (FIN_BS) is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

MORE INFORMATION ABOUT THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS

Contact

University Park

DEPARTMENT OF FINANCE
352 Business Building
University Park, PA 16802
814-863-0486
tel4@psu.edu

https://php.smeal.psu.edu/smeal/contact/?contactID=finance