VCU Bulletins

Business, Bachelor of Science (B.S.) with a concentration in finance

Special requirements

To complete a degree, a minimum of 120 credits is required, with no more than four of those credits in physical education, and no more than another four credits from INFO 160, 161, 162, 163, 164, 165, 166, 167, 168 and 169. These courses may be counted as non-business electives. The foundation program specifies course work required during the freshman and sophomore years. Students who successfully complete a minimum of 54 credits in the foundation program — including UNIV 111, 112, and 200 (with a minimum grade of C in UNIV 112 and 200), ECON 210-211, MGMT 171 and 212 and ACCT 203-204 — and meet the course and GPA requirements are eligible for admission into a major in the School of Business. All students entering junior-level business and economics courses are expected to have competency in computer-based word processing and spreadsheet skills. Students are strongly encouraged to take SPCH 121 Effective Speech or SPCH 321 Speech for Business and the Professions.

The admission requirements for the School of Business detail the requirements for students to be admitted to the advanced business program with a major in the school. Candidates for the bachelor’s degrees offered in business must complete the 120 credits outlined in the combination of the foundation and advanced programs. At least 30 hours of the required business courses for the Bachelor of Science must be taken at VCU.

Students must receive a minimum grade of C or better in FIRE 312 Intermediate Financial Management, FIRE 314 Investments, FIRE 333 Risk and Insurance, FIRE 437 Funds Management in Financial Institutions and must have a GPA of 2.0 or better in the remainder of the finance concentration requirements.

The concentration in finance prepares students for graduate-level study of finance and for careers in corporate finance, the securities industry, banking, financial planning or insurance/risk management. Students choose a concentration in one of three tracks: finance, financial planning or insurance/risk management.

Courses directly related to risk, insurance and employee benefits are approved for 42 Virginia insurance continuing-education credits for insurance agents. Contact the coordinator of insurance studies for further information.

Learning goals

Degree requirements for Business, Bachelor of Science (B.S.) with a concentration in finance

Learning outcomes

Upon completing this program, students will know and know how to do the following:

  • Graduates will be able to understand the role of information systems and information technology in the organization, especially as a source of information.
  • Graduates will be able to understand the value of, and be able to use, financial/accounting data to make decisions at both strategic and operating levels within the context of their discipline-specific knowledge.
  • Graduates will be able to communicate effectively both orally and in writing.
  • Graduates will be able to understand the importance to themselves, their organization and the larger community of working effectively in teams.
  • Graduates will be able to use the appropriate quantitative/statistical analysis and reasoning to make business decisions.
  • Graduates will be able to demonstrate an ability to respond appropriately to ethical dilemmas in business. From a scenario (i.e., what is good for some consumers might not be good for society as a whole), the student will be required to identify both sides of the dilemma, state what action they would recommend and incorporate the marketing concept and the American Marketing Association Code of Ethics in developing their recommendation.
  • Graduates will be able to identify risks, measure them and learn how to manage them.
  • Graduates will be able to conceptualize and apply quantitative measurement and analysis to business problems and solutions. This includes the ability to apply time value of money concepts to problems involving solutions to present value, future value, rates of return, annuities and number of time periods.
  • Graduates will be able to analyze the ethical dimensions of a business situation and relate those dimensions to general ethics and professional ethical standards.
  • Graduates will be able to express the analytic, quantitative and ethical dimensions of business problems and proposed solutions in a clear, well-organized manner that is free of bias or distortion.
  • Graduates will be able to develop firm-level and individual-level strategies and tactics for fixed income and equity portfolios, apply duration measures and estimate the effects of diversification.
Business Foundation (63 credits) Credits
   
General Education Requirements  
University Core Education Curriculum (minimum 21 credits)
UNIV 111 Focused Inquiry I 3
UNIV 112 Focused Inquiry II 3
UNIV 200 Inquiry and the Craft of Argument 3
Approved humanities/fine arts 3
Approved natural/physical sciences 3-4
Approved quantitative literacy 3-4
Approved social/behavioral sciences 3-4
   
Business General Education requirement  
ECON 210-211 Principles of Economics 6
   
Business General Education electives 9-12
Select credits from the following list:  
CHEM 101-102 General Chemistry  
ENVS/GEOG 105 Physical Geology  
PHYS 101 Foundations of Physics  
PHYS 107 Wonders of Technology  
PHYS 201-202 General Physics  
Any ANTH, PSYC or SOCY course except PSYC 214 Applications of Statistics, which business majors cannot take for degree credit  
Any ARTH, DANC, MHIS, or THEA course open to non-arts majors  
Any HIST, INTL (except INTL 493 International Studies Internship), PHIL, POLI or RELS course  
Any foreign language course  
Any honors module  
Any additional University Core Education Curriculum approved courses  
Approved English literature course (ENGL 201-206; ENGL 211; ENGL 236; ENGL 241; ENGL 291; ENGL 295)  
   
Additional Business Foundation requirements (24-27 credits)  
ACCT 203-204 Introduction to Accounting I and II 6
MGMT 171 Mathematical Applications for Business (satisfies University Core Education Curriculum quantitative literacy) 0-3
MGMT 212 Differential Calculus and Optimization for Business 3
MGMT 302 Business Statistics II 3
Business and/or non-business electives 3
Non-School of Business electives 9
   
Advanced business program (57 credits)  
Advanced business core (30 credits)  
ECON 303 Managerial Economics 3
FIRE 311 Financial Management 3
INFO 360 Business Information Systems 3
MGMT 301 Business Statistics I 3
MGMT 319 Organizational Behavior 3
MGMT 320 Production/Operations Management 3
MGMT 323 Legal Environment of Business 3
MGMT 325 Organizational Communication 3
MGMT 434 Strategic Management 3
MKTG 301 Marketing Principles 3
Major requirements (27 credits)  
FIRE 312 Intermediate Financial Management 3
FIRE 314 Investments 3
FIRE 333 Risk and Insurance 3
FIRE 414 Security Analysis and Portfolio Management 3
FIRE/INTL 416 International Financial Management 3
FIRE 417 Cases in Financial Management 3
FIRE 437 Funds Management in Financial Institutions 3
FIRE 455 Options, Futures and Swaps 3
Finance elective 3
   
Total minimum requirement 120

Approved finance electives

ACCT 303 Intermediate Accounting I
ACCT 306 Cost Accounting
ECON 307 Money and Banking
ECON 402 Business Cycles and Forecasting
FIRE 424 Property and Liability Insurance
FIRE 426 Life and Health Insurance
FIRE 429 Real Estate Finance and Capital Markets
FIRE 465 Managing Financial Risk
FIRE 491 Topics in Finance, Insurance and Real Estate
FIRE 493 Internship in Finance, Insurance and Real Estate (requires departmental approval)
FIRE/INTL 413 Comparative Financial Systems

Click here to download a sample outline. [PDF]

 

 

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Last update: 4/12/2013

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