Finance is all about managing and investing money for business, financial institutions, nonprofit organizations, governments, and individuals. The role of people trained in finance is expanding rapidly within the business world as significant changes on the world financial scene have made organizations appreciate how financial knowledge is essential to effective management.
The finance concentration within the College of Business Administration draws on accounting principles, economic theory, and quantitative methods to help students understand how money is managed, acquired, and distributed. Students learn how economic systems operate and how money markets work within economic systems.
Within finance, students specialize in management finance, investment and analysis, management of financial institutions, insurance and risk management, real estate, or financial planning. The finance concentration prepares them for careers in financial management, investment management, underwriting, credit management, and risk management with corporations, commerce banks, and other financial institutions.
Finance, for many years a “back office” operation, has recently come to the fore as a critical part of understanding how money operates within a company and within the economy. The concentration positions students for careers that require an in-depth understanding of how money functions.