Oct 17, 2019  
2018-2019 University Catalog 
    
2018-2019 University Catalog [ARCHIVED CATALOG]

Finance, BS


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About the Program

Finance is the study of creating and managing wealth.  It is about corporations, individuals, governments and not for profit entities and how these entities manage their money. You will discover what “the time value of money” means, how to manage corporate cash flow and how to effectively allocate resources.

You will study investment management, financial analytic tools and corporate forecasting. After taking accounting and economics, you’ll begin to analyze money in different ways to answer questions like: How do multinational corporations account for currency exchanges? When you are buying another company, how do you decide how much it is worth? What is involved when companies have their Initial Public Offering? What do Private Equity firms do?  How do Venture Capital investors identify the next Facebook?

The undergraduate program is a 120 credit hour program that provides students with a foundation for a successful career in finance. In addition to classroom coursework, our programs offer opportunities to participate in intra- and inter-collegiate case competitions, hands-on investment management practice, and student-led club activities. The Purdue Finance Workshop connects outstanding finance majors with successful alums pursuing careers in finance in every major financial center on the planet.  The Financial Management Association has an active chapter on campus and connects students with finance professional from corporations and hi-tech start-ups.

A student majoring in finance may choose from a range of management concentrations that strengthen the skill set and business integration skills for a high impact career in financial management. These include accounting, data analytics, management consulting, or innovation management.

Krannert also offers a one-year Master of Science in Finance program that is ideal for students with an undergraduate degree in economics, statistics, math, computer science or general management. 

A range of opportunities are available to start your career in Finance. Graduates can start out as financial analysts in large corporations looking at the bottom line and predicting profits. Other opportunities exist in a fast-paced financial leadership development programs or investment banking or private equity firms.  Other graduates find challenging careers in asset management, investment analysis, and equity research.

Degree Requirements


120 Credits Required

Major Selectives (18 credits)


Other Departmental/Program Course Requirements (42-43 credits)


Electives (16-17 credits)


The number of general electives will vary for each student and can include AP credit, transfer credit, and/or Credit by Exam.

Management Admissions Index (MAI) Core Requirements


Management Admissions Index classes consist of:

  • ECON 25100 Microeconomics

  • ENGL 10600 First-year Composition or ENGL 10800 Accelerated First-year Composition or SCLA 10100 Transformative Texts, Critical Thinking and Communication I: Antiquity to Modernity

  • MA 16010 Applied Calculus I

  • MA 16020 Applied Calculus II

  • MGMT 20000 Introductory Accounting

  • COM 11400 Fundamentals of Speech Communication or COM 21700 Science Writing & Presentation

Upper Division Requirements: A student must 1) complete all MAI courses with a 3.00 or above MAI GPA AND a 2.50 cumulative GPA 2) have a C- or higher in all MAI AND required Management courses 3) Not be on academic probation.

  • University Policy states students may only attempt a course 3 times and grades of W or WF are included in this limit. Per the School of Management, no more than three different MAI courses, or their equivalents, may be taken two times for a grade.
  • Students are responsible for consulting their advisor about re-take options available to them.
  • Previous enrollments in MA 16100, 16200, 16500, 16600 do not count against the retake policy for the MAI.

University Core Requirements


  • Human Cultures Humanities
  • Human Cultures Behavioral/Social Science
  • Information Literacy
  • Science #1
  • Science #2
  • Science, Technology, and Society
  • Written Communication
  • Oral Communication
  • Quantitative Reasoning

For a complete listing of course selectives, visit the Provost’s Website.

Prerequisite Information:


For current pre-requisites for courses, click here.


 

Program Requirements


15 Credits


Spring 1st Year


15 Credits


Fall 2nd Year


15 Credits


15 Credits


15 Credits


Spring 3rd Year


15 Credits


Fall 4th Year


15 Credits


Spring 4th Year


  • Required Major Upper Division Course - Credit Hours: 3.00
  • Required Major Upper Division Course - Credit Hours: 3.00
  • General Elective - Credit Hours: 3.00
  • General Elective - Credit Hours: 3.00
  • General Elective - Credit Hours: 3.00

15 Credits


Notes


  • It is strongly encouraged that you take MGMT 20100 before Upper Division admittal as it is a pre-requisite or co-requisite to MGMT 31000. MGMT 31000 should be taken soon after you are admitted to Upper Division as it is a pre-requisite for all of your MAJOR SELECTIVES courses.
  • MGMT, OBHR and ECON courses numbered 30000 or higher can only be taken after being admitted to Upper Division.
  • Choose these courses carefully. Having a good foundation in Science and Technology, as well as having outstanding written and oral communication skills is critical for a successful career in Finance. Concentrations that mix well with Finance are Accounting, Data Analytics and Management Consulting.
  • Transfer credit for upper level MGMT, OBHR and ECON (Purdue Transfer Credit Courses) will only be considered if taken at a 4 year AACSB accredited school.
  • Courses taken on approved Krannert study abroad programs may be used to satisfy degree requirements. Students participating in a Purdue approved study abroad program are registered as full-time Purdue students during their semester abroad. Schedule an appointment with your advisor to discuss study abroad opportunities.
  • Minors outside of the School of Management are also available.
  • Information on summer courses is available at www.purdue.edu/thinksummer.
  • Refer to myPurduePlan for degree requirements.

Foreign Language Courses


Foreign Language proficiency requirements vary by program. 

For acceptable languages and proficiency levels, see your advisor: American Sign Language, Arabic, Chinese, French, German, (ancient) Greek, Hebrew, Italian, Japanese, Latin, Portuguese, Russian, Spanish

Critical Course


The ♦ course is considered critical. A Critical Course is one that a student must be able to pass to persist and succeed in a particular major.

Disclaimer


The student is ultimately responsible for knowing and completing all degree requirements.

The myPurduePlan powered by DegreeWorks is the knowledge source for specific requirements and completion.

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