What is Finance?

Finance can be defined as the art and science of managing money. The field of finance is integral to almost every facet of business enterprise. It is also a vital aspect of government operations and has an effect on our daily lives. Virtually all organizations and individuals raise money and decide how to spend and invest it. The Finance major is concerned with the entire process of obtaining the money that organizations need, and spending and investing that money in the most efficient manner.

Finance should not be confused with accounting. While the two fields are related, the accountant is primarily concerned with recording, reporting, and measuring business transactions. People in finance, on the other hand, use the information provided by the accountant to make decisions regarding the best way to raise, spend, and invest money.

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The Degree Program

The Raj Soin College of Business offers undergraduate programs leading to the Bachelor of Science in Business degree with a major in finance. The curriculum includes courses in corporate finance, accounting, investments and international finance.

Students majoring in finance will benefit from:

• a faculty with extensive experience in business and financial services

• a faculty actively involved in scholarly activities and consulting

• an internship and cooperative education program designed to provide qualified finance majors with professional training and experience not available in the classroom

• the use of a sophisticated computer system with an extensive range of financial software packages

• an excellent working relationship with local business and financial services firms

• an active finance club which sponsors tours and brings professional speakers to campus