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    UMass Dartmouth
  Feb 22, 2018
2012-2013 UMass Dartmouth Undergraduate Catalog [Archived Catalog]

Finance Major

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Bachelor of Science degree

The curriculum in finance seeks to develop an understanding of the role played by finance in various organizations. Finance deals with the acquisition and management of resources to accomplish organizational objectives within an acceptable risk/return profile. The financial manager decides how to raise funds in the capital markets and  how best to invest these funds in order to accomplish organizational objectives. To accomplish these tasks, the discipline of finance has developed a sophisticated set of analytical tools that bring together concepts from a variety of sources such as economics, accounting and mathematics. The concepts and techniques developed in finance are equally applicable to not-for-profit organizations that must also raise and invest funds in an efficient manner. Those skilled in financial analysis play a central role in deciding such current issues as mergers, buyouts and international investments.

Student Learning Outcomes

The finance program seeks to produce graduates who have professional, analytical and managerial skills in finance, and who are able to adapt to the changing demands of business and society. In addition, the finance program seeks to contribute to knowledge and practice in finance through professional activities.

Students will

  • understand the scope of financial management and career opportunities within the field;
  • understand the nature and implications of global financial markets and their regulatory environment;
  • be able to assess, interpret, and evaluate corporate financial statements;
  • be able to apply the theory and techniques of finance to long-term and short-term investment decisions;
  • be able to apply the theory and techniques of finance to the management of financial institutions and services;
  • understand the need and opportunities for risk management in domestic and international contexts;
  • appreciate the necessity of incorporating a consideration of ethics in financial decision-making; and
  • be able to use library resources, technology, and electronic databases for continuous learning.

 General Requirements for Undergraduate Programs

The Bachelor of Science degree in Finance requires completion of 40 courses — 120 credit hours of coursework.

Business Foundation Requirements - 6 courses

  • ECO 231 MicroEconomics
  • ECO 232 MacroEconomics
  • POM 212 Statistics
  • MIS 101 The Business Organization*
  • MTH 103 Finite Mathematics
  • ENL 265 Business Writing

Finance major courses — 7 courses

  • FIN 383   Investment Analysis
  • FIN 397   Financial Modeling
  • FIN 398   Financial Institutions
  • FIN 484   Advanced Investment Analysis
  • FIN 485   Seminar
  • FIN 494   International Financial Management
  • ACT 444 Intro Financial Statement Analysis and Firm Valuation

Core business requirements—10 courses

  • ACT 211 Financial Accounting
  • ACT 212 Managerial Accounting
  • FIN  312 Finance
  • MKT 311 Marketing
  • MGT 311 Organizational Behavior
  • MGT 312 Legal Framework in Business
  • MIS 315  Management Information Systems
  • POM 333 Quantitative Business Analysis
  • POM 345 Operations AnalysisMGT 490  Business Strategy

Business Electives — 1 or 2 courses.  Students select 300 or 400-level business courses that are not required by their major. This course may be taken from any other discipline in the College of Business. Students can use these electives for a minor if they do not also use them in their major.

Students who entered prior to fall 2012 will take 1 business electives. Students who enter in fall 2012 or after will take 2 business electives.

Non-business electives — 5 to 7 courses.  Students select four courses outside of the College of Business. All students are strongly advised to investigate minors in other Colleges and make selection that that meet requirements of that minor. Consult with your advisor for assistance.

University Studies courses or GEN ED — 6 or 8 courses

First year students who enter the university in fall 2012 or later and transfer students who entered in fall 2012 or later with less than 25 credit hours will take 6 additional courses from University Studies.

First year students who entered the university prior to fall 2012 and transfer students who entered prior to fall 2012 with more than 25 credit hours will take 10 additional general education courses. .

*Transfer students with more than 15 credit hours do not take MIS 101. Substitute a 300 or 400-level business elective.  


Freshman Year

                                          Freshman Year (30 Credit Hours)                                                         

ENL 101            Critical Writing and Reading I                            

ENL 102            Critical Writing and Reading II (ENL 101)  

MTH 103           Finite Math                                                       

MIS 101            *The Business Organization (Transfer students substitute –300/400 level business elective)

______             Culture: Visual/Performing Arts ___________________________            

______             Social World: Global Society ____________________________            

______             Social World: Human Questions/Contexts ____________________________            

______             Natural World ___________________________            

______             Natural World: Engaged Community ___________________________            

______            **Non-Business Elective ____________________

Sophomore Year

 Sophomore Year – All courses require sophomore standing plus prerequisite as noted (30 Credit Hours) 

ACT 211            Principles of Accounting I

ACT 212            Principles of Accounting II (ACT 211)

ECO 231           Principles of Microeconomics

ECO 232           Principles of Macroeconomics (also fulfills Social World: US Society requirement)

ENL 265            Business Communications (ENL 101, 102)

POM 212           Business Statistics (MTH 103)

MGT 311           Organizational Behavior (ENL 265)

MGT 312           Legal Framework of Business

______              Culture: Literature

______              **Non-business Elective ____________________


Junior Year

 Junior Year – All courses require junior standing plus prerequisite as noted (30 Credit Hours)

FIN 312             Financial Management (ACT 212, ECO 231)               

POM 333          Quantitative Business Analysis  (POM 212)

POM 345          Operations Management (POM 212)

MKT 311           Principles of Marketing

MIS 315            Information Systems (ENL 102)

FIN 383             Investment Analysis  (FIN 312)

FIN 397*            Financial Modeling     *FIN 385 prior to Sp07

FIN 398             Financial Institutions (FIN 312)

______              Business Elective(any 300-400 level business course)

______              **Non-business elective ____________________


Senior Year

 Senior Year – All courses require senior standing plus prerequisite as noted (30 Credit Hours)

MGT 490           Strategic Management(MIS 315, MGT 311, POM 333, POM 345, FIN 312)

FIN 493             Financial Management of Corporations  (FIN 312)

FIN 484             Advanced Investment Analysis  (FIN 383)

FIN 485             Seminar (FIN 398 and FIN 383) 

FIN 494             International Financial Management  (FIN 312)

ACT 444*          Intro Fin. Statement Analysis & Firm Valuation (FIN 383, grade of C)  *ACT 410 prior to F08

______              Business Elective(any 300-400 level business course)

______              **Non-business elective ____________________

______              **Non-business elective ____________________

______              **Non-business elective ____________________


Total Credits: 120

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