Mar 28, 2024  
2020-2021 Undergraduate Catalog 
    
2020-2021 Undergraduate Catalog [ARCHIVED CATALOG]

Finance Major, BS in Business Administration – Collateral Option


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The Finance major offers students a skill set applicable to a broad range of careers across industries that are relevant to public and private businesses, non-for-profits, and government entities alike.  General areas of study are how decision-makers evaluate, fund, and manage projects within an enterprise and how financial market participants process information to price risky assets such as stocks or bonds. Finance majors develop analytical skills useful in examining financial statements and evaluating the financial health of companies, assessing dimensions of business problems, evaluating financial implications of corporate and individual actions, and constructing investment portfolios.  Finance majors develop the ability to utilize spreadsheets to process and present financial data. In addition, they may gain specialized training in Bloomberg, which is considered by finance professionals to be the gold standard for accessing current market, economic, and financial information.

Popular careers include Financial Manager, Financial Analyst, Financial Advisor, Portfolio Manager, Financial Risk Management Actuary, Management Analyst (Consultant), Loan Officer, Budget Analyst, Investor Relations Associate, Credit Analyst, Commercial Real Estate Agent and Securities, Commodities, and Financial Services Sales Agents. Many of these are included in the top 15 best business jobs according to U.S. News and World Report’s Best Jobs Rankings for 2017 (http://money.usnews.com/careers/best-jobs/rankings/best-business-jobs), and their job outlook is forecast to be better than the average for all occupations according to the U.S. Department of Labor’s Bureau of Labor Statistics Occupational Outlook Handbook (www.bls.gov/ooh/business-and-financial/home.htm).

Finance majors have flexibility to customize their studies through a broad array of electives, student organizations, experiential learning, and collaterals best suited to a particular career path. The department has course listings in investments, financial statement analysis, financial management, financial institutions, international finance, fixed income, real estate, risk and insurance, derivatives, and enterprise risk management. The Finance department is certified as a Chartered Financial Analyst (CFA) Recognized University. As such, students pursuing a major in Finance gain valuable exposure to many topical areas required in sitting for the CFA designation, which is regarded as the key designation for investment professionals worldwide. Sponsorships are available to help cover costs for students sitting for the CFA exams.  The Finance department also offers cutting edge resources through the Masters Investment Learning Center. In addition to specialized Bloomberg training, Finance majors gain real-world experiences in value investing or wealth management managing actual portfolios (via Finance 495). Finance majors may also enrich their experience through internships and participation in the CFA Global Investment Research Challenge, the Tennessee Capital Markets Society, the Financial Management Association, and the UT Investment Group.

Students who major in Finance need quantitative skills, problem solving skills, and communication skills.

uTrack Requirements

Universal Tracking (uTrack) is an academic monitoring system designed to help students stay on track for timely graduation. In order to remain on track, students must complete the minimum requirements for each tracking semester, known as milestones. Milestones include successful completion of specified courses and/or attainment of a minimum GPA. uTrack requirements only affect full-time, degree-seeking students who first entered Fall 2013 or later. uTrack does not apply to transfer students who entered prior to Fall 2015.

Requirements for the Bachelor of Science in Business Administration – Finance Major – Collateral Option


Term 1 Hours Milestone Notes
1,2ENGL 101 * or ENGL 118  3 2.5 cumulative GPA
3Intermediate Foreign Language * 3  
4MATH 123 *, MATH 141 *, or MATH 147  3-4  
3Natural Sciences Electives * 3-4  
CMST 210 *, CMST 217 *, CMST 240 *, or CMST 247  3  
BUAD 100   1  
Term 2
1,2ENGL 102  3 2.5 cumulative GPA
3Intermediate Foreign Language * 3  
MATH 125 *, MATH 142 * or MATH 148  3-4  
3Natural Sciences Electives * 3-4  
MGT 202   3  
Term 3
7ACCT 200  or ACCT 203  or ACCT 208   3 2.5 cumulative GPA
3Arts and Humanities Elective * 3  
ECON 211 * or ECON 217 *   3  
ENGL 255 *, ENGL 257 *, or ENGL 295  3  
5Unrestricted Elective 3  
Term 4
3Arts and Humanities Elective * 3 2.5 Cumulative GPA and completion of following courses with C or better: MATH 123 *-MATH 125 * or MATH 141 *-MATH 142 *; CMST 210 * or CMST 240 *; ENGL 255 * or ENGL 295 *; ACCT 200  or ACCT 203 ; ECON 211 *; ECON 213 *; STAT 201 * or STAT 207 *; MGT 202  
INMT 242   3  
7ECON 213 * or ECON 218  3  
7STAT 201 * or STAT 207  3  
5Unrestricted Elective 2  
8BUAD 200   1  
Term 5
FINC 420  or FINC 428   3 INMT 242  
7BUAD 331 , 7BUAD 332   4  
BUAD 341 , BUAD 342   4  
7FINC 306   3  
8BUAD 300   1  
Term 6
Collateral 3 2.5 cumulative GPA 
FINC 425  or FINC 427   3 FINC 306  
5Unrestricted Electives 2  
6Finance Elective 6  
Term 7
BUAD 205  or ECON 305  or MGT 311  or PHIL 244 * or PHIL 252  3 FINC 420  or FINC 428 , FINC 425  or FINC 427  
BULW 301   2  
Collateral 3  
FINC 455  or FINC 457   3  
7BUAD 453   4  
Term 8
Collateral 3 No milestones
6Finance Elective  3  
8BUAD 405   1  
5Unrestricted Electives 8  
TOTAL 120  

Finance Collateral Options

ACCOUNTING – ACCT 311 ; two of: ACCT 414 , ACCT 431 , INMT 341 .
BUSINESS ANALYTICS – BAS 320 , BAS 474 ; and one of BAS 310 , BAS 340 BAS 471 , BAS 475 , or BAS 476 .
ECONOMICS – ECON 311 , ECON 313 ; and either ECON 421  or ECON 482 .
ENTREPRENEURSHIP – ENT 350 , ENT 451 , and one of ENT 410 , ENT 415 , ENT 420 , ENT 425 , ENT 460 , ENT 462 , ENT 470 , or ENT 485 .
INFORMATION MANAGEMENT – INMT 341 , INMT 342 , and one of INMT 441 , INMT 442 , INMT 443 , or INMT 499 .
INTERNATIONAL BUSINESS – Nine hours from IB 407 , IB 409 , IB 429 , IB 439 , IB 449 , IB 492 ; BUAD 400  or MGT 472 ; and IB 489 .
LEADERSHIP – MGT 331 , MGT 336 , and one of ENT 410 , ENT 460 .
MARKETING – MARK 350 , and two of MARK 360 , MARK 462 , MARK 464 MARK 465 , MARK 466 , MARK 469 , MARK 470 , or MARK 471 .
SALES – MARK 350 , MARK 469 , and either MARK 470  or MARK 471 .
SUPPLY CHAIN MANAGEMENT – SCM 309 , select two of SCM 413 , SCM 414 , or SCM 421 .

1 Must be completed by the end of the First Year.
2 Students who complete ENGL 118 * with a grade of A or B will complete their English composition requirement by choosing ENGL 102 *, a sophomore-level course in the English department, or ENGL 355 *. If the sophomore-level English course appears on the Arts and Humanities list, the course may also be counted toward the Arts and Humanities requirement.
3 Chosen from the University General Education list .
4 Students who have already completed MATH 132 * with a C or better may substitute that for MATH 141 *.
5 Any courses not already required for the major. Students admitted to Smith Global Leadership Scholars will fulfill 10 hours of electives with the following courses – BUAD 217 , BUAD 317 , BUAD 417 , BUAD 427 , and BUAD 497 .
6 Finance electives chosen from FINC 402 , FINC 435 , FINC 440 , FINC 445 , FINC 463 , FINC 475 , FINC 481 , FINC 493 FINC 494 , FINC 495 ; IB 449 .
7 Students admitted to Smith Global Leadership Scholars will complete the honors versions of these courses: ACCT 208 , BUAD 337 , BUAD 338 , BUAD 457 ECON 218 *, FINC 308 , and STAT 207 *.
8 Students admitted to Smith Global Leadership Scholars will not take these courses due to content being covered elsewhere in their curriculum.

* Meets University General Education Requirement .  

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