BS in Finance

Degree Requirements

To earn a Bachelor of Science in Finance degree from UIC, students need to complete University, college, and department degree requirements. The Department of Finance degree requirements are outlined below. Students should consult the College of Business Administration section for additional degree requirements and college academic policies.

Finance majors should pass FIN 301 and FIN 302 with a grade of C or better by the spring semester of their sophomore year in order to complete the department courses required for the major and to take advantage of the available career path groups listed below. (Students who enrolled in the finance major before Fall 2013 may opt to replace FIN 301 and FIN 302 with FIN 300.)

Summary of Requirements
General and Basic Course Requirements 48
Business Core45
Major Requirements 18
Business Electives9
Total Hours120

General and Basic Course Requirements

See General and Basic Course Requirements in the College of Business Administration section for the list of courses needed to meet this requirement.

Business Core

See Business Course Requirements in the College of Business Administration section for the list of courses needed to meet this requirement.

Major Requirements

Required Courses
FIN 310Investments3
FIN 320Managerial Finance3
Twelve additional hours of 300- or 400-level courses in the Department of Finance. See lists below for career path suggestions. 12
Total Hours18

Business Electives

Courses
Nine hours at the 200-, 300-, or 400-level chosen from courses in the College of Business Administration with a maximum of three hours at the 200-level. See lists below for career path suggestions. Students may elect any combination of business courses to fulfill the elective requirement.9
Total Hours9

Course Suggestions for Finance Careers

Students should select courses based upon their interests and career goals. The finance courses listed below suggest which courses are most appropriate for alternative career paths.

Corporate Financial Analysis

This area provides an introduction to the work of the financial officer of a company focusing on financial statements, financial characteristics, and financial strategies of different types of firms.

Courses
FIN 444Small Business Finance3
ACTG 315Intermediate Financial Accounting I3
ACTG 316Intermediate Financial Accounting II3

Investment Management

This area provides an introduction to the theory and practice of managing investments. The professional investment manager must be aware of the vast range of investments available in the modern economy, the factors that determine returns and risks, and methods used to hedge risks.

Courses
FIN 412Portfolio Management3
FIN 415Fixed Income Securities3
FIN 416Options and Futures Markets3
FIN 418Commodities, Energy, and Related Markets3
FIN 449Applied Equity Investment Management3
FIN 455Asset Management3
FIN 480Market Microstructure and Electronic Trading3

Banking

The banking system is crucial to the proper functioning of modern industrialized economies. This area provides an introduction to the structure and functions of the modern financial system, the roles played by commercial and central banks, the impact of regulatory and monetary policies, and the management of commercial banks.

Courses
FIN 415Fixed Income Securities3
FIN 430Introduction to Money and Banking3
FIN 431Management in the Financial Services Industry3
FIN 494Special Topics in Finance (when topic is Islamic Finance)3

Global Finance

This area provides an introduction to international financial markets and the firm’s financial management in a global context.  FIN 340 and FIN 442 are the central courses. Among other topics covered are the international monetary system, markets for foreign exchange, management of foreign investments, and exchange rate risks.

Courses
FIN 340International Financial Markets3
FIN 415Fixed Income Securities3
FIN 416Options and Futures Markets3
FIN 442International Corporate Financial Management3
FIN 494Special Topics in Finance3
ACTG 484International Accounting3

Real Estate

Real estate represents a significant portion of the assets held both by firms and by households. This area provides an introduction to legal, economic, and financial aspects of real estate in the context of the Chicago metropolitan area

Courses
FIN 311Introduction to Urban Real Estate3
FIN 472Real Estate Finance3
ECON 332Urban Economics3

Risk Management

This area prepares students for careers in areas of the financial industry that involve financial risk management.

Courses
FIN 415Fixed Income Securities3
FIN 416Options and Futures Markets3
FIN 473Introduction to Risk Management3
FIN 479Enterprise Risk Management3

Sample Business Major Curriculum

See Sample Business Major Curriculum in the College of Business Administration section. See your academic advisor for an individualized major map in your field of study.