Jun 16, 2024  
2023-2024 University Catalog 
    
2023-2024 University Catalog [ARCHIVED CATALOG]

Finance, BS


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 program offers 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 professionals 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.

The Daniels School 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 program or investment banking or private equity firms.  Other graduates find challenging careers in asset management, investment analysis, and equity research.

Finance Major Change (CODO) Requirements   

Degree Requirements


120 Credits Required

Department/Program Major Courses (73 credits)


Cultural Competency Selectives (6 credits)


  • Cultural Competency I Selective - Credit Hours: 3.00
  • Cultural Competency II Selective - Credit Hours: 3.00

Cultural Competency Selectives for the Daniels School of Business  

Major Selectives (21 credits)


Other Departmental Requirements (26-38 credits)


Electives (9.00-21.00 credits)


  • Electives - Credit Hours: 9.00-21.00

School of Business Requirements


MAI Requirements


  • To be admitted to upper level, a student must complete all Management Admissions Index (MAI) courses with a 3.00 or above MAI GPA AND a 2.50 cumulative GPA, have a C- or higher in all MAI AND any Management, Economics, and OBHR courses (M/E/O), and not be on academic notice.
  • University Policy states students may only attempt a course 3 times and grades of W are included in this limit. Per the School of Business, 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.

The following are Management Admissions Index courses:

  • ECON 25100
  • MGMT 20000
  • MA 16010
  • SCLA 10100 or ENGL 10600 or ENGL 10800 or HONR 19903
  • SCLA 10200 or COM 11400 or COM 21700 or EDPS 31500

GPA Requirements


  • Graduation Index: 2.00 minimum
  • Major Index: 2.00 minimum

Course Requirements and Notes


  • MGMT, OBHR and ECON courses numbered 30000-level or higher can only be taken after being admitted to Upper Division, with the exception of OBHR 33300. Students may take this course during their sophomore year.
  • 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.
  • Courses taken on approved School of Business 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.

Pass/No Pass Policy


  • The pass/no pass option MAY NOT be selected for MAI, EAI, MGMT, ECON or OBHR (MEO) courses (even if selected as a general elective) required for a major, required minor or concentration, or core requirements.
  • Only courses taken for general electives that are not required major, minor or concentration courses may be taken pass/no pass.
  • The total credit hours selected under the pass/no pass option in the student’s baccalaureate program may not exceed 15.
  • The option cannot be adopted for more than one course per semester.
  • A student who elects this option must be classified as at least a sophomore 45-59 credits or higher.
  • Students who are repeating a course must repeat it using the same grade mode as the original attempt.
  • Students on academic notice must complete at least 12 hours of coursework for a letter grade during the semester. Those students on academic notice for a second consecutive semester may not elect the pass/no pass option until they are removed from academic notice.
  • See your advisor for Study Abroad Pass/No Pass Policy

Transfer Credit Policy


  • The number of general electives will vary for each student and can include AP credit, transfer credit, and/or Credit by Exam.
  • Transfer credit for upper level MGMT, OBHR and ECON will only be considered if taken at a 4-year AACSB accredited school.
  • More information can be found at Transfer Credit Guidlines

Summer Courses



 

University Requirements


University Core Requirements


For a complete listing of University Core Course Selectives, visit the Provost’s Website.
  • Human Cultures: Behavioral/Social Science (BSS)
  • Human Cultures: Humanities (HUM)
  • Information Literacy (IL)
  • Oral Communication (OC)
  • Quantitative Reasoning (QR)
  • Science #1 (SCI)
  • Science #2 (SCI)
  • Science, Technology, and Society (STS)
  • Written Communication (WC) 

Civics Literacy Proficiency Requirement


The Civics Literacy Proficiency activities are designed to develop civic knowledge of Purdue students in an effort to graduate a more informed citizenry. For more information visit the Civics Literacy Proficiency website.

Students will complete the Proficiency by passing a test of civic knowledge, and completing one of three paths:

  • Attending six approved civics-related events and completing an assessment for each; or
  • Completing 12 podcasts created by the Purdue Center for C-SPAN Scholarship and Engagement that use C-SPAN material and completing an assessment for each; or
  • Earning a passing grade for one of these approved courses (or transferring in approved AP or departmental credit in lieu of taking a course).

Upper Level Requirement


  • Resident study at Purdue University for at least two semesters and the enrollment in and completion of at least 32 semester hours of coursework required and approved for the completion of the degree. These courses are expected to be at least junior-level (30000+) courses.
  • Students should be able to fulfill most, if not all, of these credits within their major requirements; there should be a clear pathway for students to complete any credits not completed within their major.

Sample 4-Year Plan


14-17 Credits


14-18 Credits


15-18 Credits


15 Credits


15 Credits


Spring 3rd Year


15 Credits


Fall 4th Year


15 Credits


Spring 4th Year


  • Major Selective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00
  • Elective - Credit Hours: 3.00

15 Credits


Pre-Requisite Information


For pre-requisite information, click here.

World Language Courses


World Language proficiency requirements vary by program. The following list is inclusive of all world languages PWL offers for credit; for acceptable languages and proficiency levels, see your advisor. (ASL-American Sign Language; ARAB-Arabic; CHNS-Chinese; FR-French; GER-German; GREK-Greek(Ancient); HEBR-Hebrew(Biblical); HEBR-Hebrew(Modern); ITAL-Italian; JPNS-Japenese; KOR-Korean; LATN-Latin; PTGS=Portuguese; RUSS-Russian; SPAN-Spanish)

Critical Course


The ♦ course is considered critical.

In alignment with the Degree Map Guidance for Indiana’s Public Colleges and Universities, published by the Commission for Higher Education (pursuant to HEA 1348-2013), a Critical Course is identified as “one that a student must be able to pass to persist and succeed in a particular major.  Students who want to be nurses, for example, should know that they are expected to be proficient in courses like biology in order to be successful.  These would be identified by the institutions for each degree program”. 

Disclaimer


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

Consultation with an advisor may result in an altered plan customized for an individual student.

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