Finance

Finance is the art and science of managing money. Financial management involves corporations raising and employing funds in order to maximize shareholders' wealth. The investments field involves balancing the expected return and risk characteristics of securities in order to make optimal portfolio investment decisions. Financial institutions and markets serve as conduits through which the economy matches supply and demand of investable funds so that scarce resources are allocated efficiently. Career opportunities include credit, financial, and securities analysts, bank examiners, loan officers, comptrollers, treasurers, portfolio managers, financial services representatives, financial planners, and insurance underwriters.

Finance Option

The JJCBE undergraduate curriculum is structured on a four-stage model. The four stages include the University Core, the business pre-core, the common body of business knowledge (CBK), and the option courses. Courses are numbered to reflect their position within the curriculum. 100-level courses are generally taken in the freshman year, 200-level courses in the sophomore year, 300-level courses in the junior year, and 400-level courses in the senior year.

The business pre-core consists of 100- and 200-level courses that are necessary to develop fundamental knowledge and skills in business, accounting, mathematics, statistics, economics, information technology, and communication. Completion of the business pre-core is required for formal admission to the JJCBE. The business pre-core includes:

BGEN 194USSeminar *3
BMGT 205Prof Business Communication3
BMIS 211Intro to Bus Decision Support3
ACTG 201Principles of Financial Acct3
ACTG 202Principles of Managerial Acct3
or ACTG 223 Principles of Accounting II
M 161QSurvey of Calculus4
ECNS 202Principles of Macroeconomics3
ECNS 204ISMicroeconomics3
STAT 216QIntroduction to Statistics3
STAT 217QIntermediate Statistical Concepts3
or BMGT 240IS Business Research Methods
*

Students transferring into the JJCBE, either from another institution or from another MSU department, who have already earned credit for a University Seminar (US) course must take BGEN 204 instead of BGEN 194US.

The business common body of knowledge (CBK) courses, most of which are 300-level courses designed for juniors, establish the basis for business education in management, marketing, finance, information technology, production and operations management, law, and strategy. The business CBK courses are prerequisites for most upper-level option courses. The business CBK courses include:

BMGT 335Management and Organization3
BGEN 302Career Perspectives1
or BGEN 303 Professional Coaching Clinic
BMIS 311Management Information Systems3
BMGT 322Operations Management3
BMKT 325Principles of Marketing3
BFIN 322Business Finance3
BGEN 361Principles of Business Law3
BGEN 499Senior Thesis/Capstone: Strategy Seminar4

Freshman YearCredits
FallSpring
BGEN 194US - Seminar*3  
Non-business/non-economics and general electives, and University Core12  
ECNS 202 - Principles of Macroeconomics  3
M 161Q - Survey of Calculus  4
Non-business/non-economics and general electives, and University Core  8
Year Total: 15 15
Sophomore YearCredits
FallSpring
ACTG 201 - Principles of Financial Acct3  
BMIS 211 - Intro to Bus Decision Support3  
STAT 216Q - Introduction to Statistics3  
Non-business/non-economics and general electives, and University Core6  
ACTG 223 - Principles of Accounting II  3
BMGT 205 - Prof Business Communication  3
ECNS 204IS - Microeconomics  3
STAT 217Q - Intermediate Statistical Concepts
or BMGT 240IS - Business Research Methods
  3
Non-business/non-economics and general electives, and University Core  3
Year Total: 15 15
Junior YearCredits
FallSpring
BMGT 335 - Management and Organization3  
BMIS 311 - Management Information Systems3  
BFIN 322 - Business Finance3  
ECNS 301 - Intermediate Micro with Calc3  
Non-business/non-economics and general electives, and University Core3  
BGEN 302 - Career Perspectives
or BGEN 303 - Professional Coaching Clinic
  1
BMGT 322 - Operations Management  3
BMKT 325 - Principles of Marketing  3
BGEN 361 - Principles of Business Law  3
BFIN 352 - Intermediate Finance  3
Non-business/non-economics and general electives, and University Core  2
Year Total: 15 15
Senior YearCredits
FallSpring
BFIN 441 - Advanced Analysis of Financial Statements3  
BFIN 420 - Investments I3  
BFIN 457R - Fin Markets and Institutions3  
Non-business/non-economics and general electives, and University Core6  
BGEN 499 - Senior Thesis/Capstone: Strategy Seminar  4
Choose three of the following:  9
BFIN 421 - Real Estate and Investment Analysis
BFIN 452 - International Finance
BFIN 456 - Fin Mgmt for the Entrepreneur
BFIN 458 - Commercial Bank Management (On Demand)
BFIN 466 - Investments II
BFIN 490R - Undergrad Research (May be taken more than once, but counts as one Finance elective)
BFIN 498 - Internship (Must be taken for at least 3 credits, but counts as one Finance elective)
Students may replace one of the above Finance electives with one of the following:
ACTG 327 - Inter Fin Acct & Reporting I
ACTG 328 - Inter Fin Acct & Reporting II
ECNS 303 - Intermediate Macro with Calc
ECNS 403R - Intro to Econometrics
ECNS 406 - Industrial Organization
STAT 411 - Methods for Data Analysis I
STAT 412 - Methods for Data Analysis II
*Students must meet pre-requisite requirements of individual courses.
Non-business/non-economics and general electives, and University Core  2
Year Total: 15 15
Total Program Credits: 120
*

Students transferring into the Jake Jabs College of Business & Entrepreneurship (JJCBE), either from another institution or from another MSU department, who have already earned credit for a University Seminar (US) course must take BGEN 204 instead of BGEN 194US.

All business majors must be formally admitted to the Jake Jabs College of Business & Entrepreneurship (JJCBE) in order to enroll in all upper-division (300-400 level) option courses (ACTG, BFIN, BMGT, BMKT, BGEN, BMIS) and BGEN 499 Senior Thesis/Capstone: Strategy Seminar.

A minimum of 120 credits is required for graduation; 42 of these credits must be in courses numbered 300 and above; 54 credits must be non-business/non-economics rubrics (although ECNS 101IS, ECNS 202, ECNS 204IS, BMGT 240IS may be included); University Core credit requirements must be satisfied.

Any students transferring to the JJCBE must meet the JJCBE residency requirement.