WCSU Undergraduate Catalog 2021-2022 : Ancell School of Business

Finance

Annie Wong, Chair
wonga@wcsu.edu
Westside Classroom Building 141, Westside Campus
(203) 837-8577
(203) 837-8955 (fax)

Judy McGee, Department Secretary
mcgeej@wcsu.edu
Westside Classroom Building 249, Westside Campus
(203) 837-8342
(203) 837-8955 (fax)


Faculty

Annie Wong, Chair Carol Huang Wenguang Lin
Lai Van Vo

 

Overview
The finance curriculum is designed to provide students with the theoretical background and practical skills for pursuing a career in financial investments and markets or in financial management.

Finance courses offer the students an opportunity to analyze financial problems, learn the tools of financial decision-making, and utilize sound methodologies in the resolution of the problems confronting businesses, markets and nonprofit organizations today.

Our students learn through lectures, case studies, model building, and individual and team problem solving.


Mission
Consistent with the School and University missions, the Department provides finance students with the theoretical background, critical thinking and practical skills needed for successfully pursuing a career in financial investments and markets or in financial management. To do so, the program emphasizes the development of analytical, quantitative, statistical, and communication methodologies. The Department is also committed to providing all business students with the statistical knowledge and tools necessary to make data-based decisions across all functional areas of business.


Learning Outcomes

A graduate of the Finance Department should be able to:

  • Demonstrate knowledge of portfolio management, security valuations, financial statement analysis, and risk-return analysis.
  • Demonstrate knowledge of financial planning, long & short term financing, and the functions of financial management.
  • Apply basic analytical and quantitative techniques to solve complex problems and make sound financial decisions.
  • Utilize computer based analytic methods
  • Demonstrate knowledge of domestic and international markets & institutions
  • Effectively communicate financial problems and solutions orally and in writing

 

Degree Programs in Finance

B.B.A in Finance
Financial Investments and Markets option
Financial Management option

Minors
Finance: Investments option
Finance: Financial Management option


Bachelor of Business Administration in Finance (B.B.A.)

BBA Finance: Financial Investments and Markets Option 

DescriptionThe finance curriculum is designed to provide students with the theoretical background and practical skills for pursuing a career in financial investments or in financial management. Students may choose between the option of Financial Investments and Markets or the option of Financial Management. 

Degree Requirements
All degrees at WCSU require 120 semester hours (SH). This includes major requirements, general education requirements, cognates (where applicable), and free electives. This structure provides room for minors, internships, and study abroad.   

Required Courses in the Major: 61 SH.  

BBA CORE   
MKT 101 Orientation to Ancell Undergraduate Programs (FY)  1 SH 
ACC 201 Financial Accounting  3 SH 
ACC 202 Managerial Accounting  3 SH 
FIN 230 Business Statistics (QR)   3 SH 
FIN 310 Principles of Finance  3 SH 
MGT 250 Organizational Behavior (CT)  3 SH 
MGT 320 Operations Management  3 SH 
MIS 260 Information Systems Concepts (IL)  3 SH 
MKT 200 Principles of Marketing  3 SH 
MKT 305 Global Environment of Business (IC)  3 SH 
JLA 240 Commercial Law OR ACC 340 Business Law I  3 SH 
MGT 415 Strategic Management (CE, W3)  3 SH 
FINANCE CORE 
FIN 320 Financial Management  3 SH 
FIN 330 Financial Decision Models  3 SH 
FIN 340 Investment Analysis & Portfolio Management  3 SH 
FIN/ECO 360 Money, Banking, and Capital Markets  3 SH 
FIN 370 Financial Institutions  3 SH 
FIN 490 Cases in Managerial Finance  3 SH 
Financial Investments and Markets Option 
FIN 316 Quant. Methods in Finance OR FIN 317 Fixed Income Securities  3 SH 
FIN 486 Financial Engineering  3 SH 
FIN/ECO 488 Multinational Financial Issues  3 SH 
COGNATES 
WRT 210 Managerial Writing (W2)  3 SH 
PSY 100 Introduction to Psychology  3 SH 
ECO 211 Principles of Macroeconomics (CT) pre-req MAT 118 or higher  3 SH 
ECO 213 Principles of Microeconomics (CT) pre-req MAT 118 or higher  3 SH 
MAT 118 Elem. Applied Math; MAT 133 Pre-Calc; MAT 135 Diff Bus Calc & Apps; OR MAT 181 Calc I (QR)   3 SH 
Minimum GPA for the BBA in Finance = 2.3. 


General Education
: All students must complete the General Education curriculum. General Education Requirements include both competency and breadth requirements. In some cases, major courses will satisfy competencies. These are indicated in the parentheses after the course title. For a complete description of the General Education program, follow this link. https://catalogs.wcsu.edu/ugrad/academic-programs-degrees/ 

Cognates: In some programs there are courses outside of the major that are required as pre-requisites or enhancements to the major course work. These courses may satisfy competencies and they will count toward the general education breadth requirement. If cognate courses are required, they are included in the list of courses required in the major.  

Electives: All degrees require 120 semester hours.  Elective credits are opportunities for minors, internships, study abroad, and just following general interests. We encourage all students to speak with their advisors about great opportunities for their elective courses.  


Sample Four Year Plan: BBA Finance-Financial Investments & Markets:
Four-year plans are suggestions. Plans change. Consult your advisor to adjust your plan.  

Semester 1  SH  Semester 2  SH 
MKT 101 Orientation to Ancell (FY)  1  WRT 101 Composition I (W1)  3 
MIS 260 Information System Concepts (IL)  3  Gen Ed: Health and Wellness (HW)  2 
Gen Ed: Oral Communication (OC)  3  Gen Ed: Creative Process (CP)  3 
MAT 100 Intermediate Math OR Free Elective  3  MAT 118/MAT133/MAT135/MAT181 (QR)   3-4 
Gen Ed: Breadth   3  PSY 100 Intro to Psychology  3 
Free Elective   3     
       
Semester 3  SH  Semester 4  SH 
ACC 201 Financial Accounting  3  ACC 202 Managerial Accounting  3 
WRT 210 Managerial Writing (W2)  3  MGT 250 Organizational Behavior (CT, Rpt. 1)  3 
MKT 200 Principles of Marketing  3  FIN 230 Business Statistics (QR, Rpt. 2)  3 
ECO 211 Principles of Microeconomics (CT)  3  ECO 213 Principles of Macroeconomics (CT)  3 
JLA 240 Commercial Law OR ACC 340 Business Law I   3  Gen Ed: Scientific Inquiry (SI)  4 
       
Semester 5    Semester 6   
FIN 310 Principles of Finance   3  FIN 340 Inv. Analysis & Portfolio Mgt  3 
MGT 320 Operations Management  3  FIN 370 Financial Institutions  3 
Gen Ed: Repeat Competency 3  3  FIN 320 Financial Management  3 
Gen Ed: Breadth   3  MKT 305 Global Environment of Business (IC)  3 
Free Elective 3 Free Elective 3
       
Semester 7    Semester 8   
FIN 330 Financial Decision Models  3  FIN 490 Cases in Managerial Finance  3 
MGT 415 Strategic Mgt (CE, W3)  3  FIN/ECO 488 Multinational Financial Issues  3 
FIN/ECO 360 Money, Banking & Cap. Markets   

3 

FIN 316 Quant. Methods in Finance OR FIN 317 Fixed Income Securities   3 
FIN 486 Financial Engineering  3  Free Electives  6 
Free Elective  3     
Total Credits Required for the BBA in Finance = 120; Minimum GPA 2.3. 

 

BBA Finance: Financial Management Option 

DescriptionThe finance curriculum is designed to provide students with the theoretical background and practical skills for pursuing a career in financial investments or in financial management. Students may choose between the option of Financial Investments and Markets or the option of Financial Management. 

Degree Requirements All degrees at WCSU require 120 semester hours (SH). This includes major requirements, general education requirements, cognates (where applicable), and free electives. This structure provides room for minors, internships, and study abroad.   

Required Courses in the Major: 61 SH.  

BBA CORE   
MKT 101 Orientation to Ancell Undergraduate Programs (FY)  1 SH 
ACC 201 Financial Accounting  3 SH 
ACC 202 Managerial Accounting  3 SH 
FIN 230 Business Statistics (QR)   3 SH 
FIN 310 Principles of Finance  3 SH 
MGT 250 Organizational Behavior (CT)  3 SH 
MGT 320 Operations Management  3 SH 
MIS 260 Information Systems Concepts (IL)  3 SH 
MKT 200 Principles of Marketing  3 SH 
MKT 305 Global Environment of Business (IC)  3 SH 
JLA 240 Commercial Law OR ACC 340 Business Law I  3 SH 
MGT 415 Strategic Management (CE, W3)  3 SH 
FINANCE CORE 
FIN 320 Financial Management  3 SH 
FIN 330 Financial Decision Models  3 SH 
FIN 340 Investment Analysis & Portfolio Management  3 SH 
FIN/ECO 360 Money, Banking, and Capital Markets   3 SH 
FIN 370 Financial Institutions  3 SH 
FIN 490 Cases in Managerial Finance  3 SH 
Financial Management Option 
ACC 301 Intermediate Financial Acc. I  3 SH 
ACC 302 Intermediate Financial Acc. II  3 SH 
One of: ACC 303 Accounting Theory & Topics; ACC 361 Cost Acct; ACC 403 Federal Tax; ACC 407 Consol. & Part.  3 SH 
COGNATES 
WRT 210 Managerial Writing (W2)  3 SH 
PSY 100 Introduction to Psychology  3 SH 
ECO 211 Principles of Macroeconomics (CT) pre-req MAT 118 or higher  3 SH 
ECO 213 Principles of Microeconomics (CT) pre-req MAT 118 or higher  3 SH 
MAT 118 Elem. Applied Math; MAT 133 Pre-calc; MAT 135 Diff Bus Calc & Apps; OR MAT 181 Calc I (QR   3-4 SH 
Minimum GPA for the BBA in Finance = 2.3. 


General Education
: All students must complete the General Education curriculum. General Education Requirements include both competency and breadth requirements. In some cases, major courses will satisfy competencies. These are indicated in the parentheses after the course title. For a complete description of the General Education program, follow this link. https://catalogs.wcsu.edu/ugrad/academic-programs-degrees/ 

Cognates: In some programs there are courses outside of the major that are required as pre-requisites or enhancements to the major course work. These courses may satisfy competencies and they will count toward the general education breadth requirement. If cognate courses are required, they are included in the list of courses required in the major.  

Electives: All degrees require 120 semester hours.  Elective credits are opportunities for minors, internships, study abroad, and just following general interests. We encourage all students to speak with their advisors about great opportunities for their elective courses.  


Sample Four Year Plan: BBA Finance-Financial Management:
Four-year plans are suggestions. Plans change. Consult your advisor to adjust your plan.  

Semester 1  SH  Semester 2  SH 
MKT 101 Orientation to Ancell (FY)  1  WRT 101 Composition I (W1)  3 
MIS 260 Info. Sys. Concepts (IL)  3  Gen Ed: Health and Wellness (HW)  2 
Gen Ed: Oral Communication (OC)  3  Gen Ed: Creative Process (CP)   3 
MAT 100 Intermediate Math OR Free Elective  3  MAT 118/MAT133/MAT135/MAT181 (QR)   3-4 
Gen Ed: Breadth  3  PSY 100 Intro to Psychology  3 
Free Elective   3     
       
Semester 3  SH  Semester 4  SH 
ACC 201 Financial Accounting  3  ACC 202 Managerial Accounting  3 
WRT 210 Managerial Writing (W2)   3  MGT 250 Org. Behavior (CT, Rpt. 1)  3 
MKT 200 Principles of Marketing  3  FIN 230 Business Statistics (QR, Rpt. 2)   3 
ECO 211 Principles of Microeconomics (CT)  3  ECO 213 Principles of Macroeconomics (CT)  3 
JLA 240 Commercial Law OR ACC 340 Business Law I   3  Gen Ed: Scientific Inquiry (SI)  4 
       
Semester 5  SH Semester 6  SH
FIN 310 Principles of Finance   3  FIN 340 Inv. Analysis & Portfolio Mgt  3 
ACC 301 Intermediate Financial Accounting I   3  ACC 302 Intermediate Financial Accounting II  3 
MGT 320 Operations Management  3  FIN 320 Financial Management  3 
Gen Ed: Repeat Competency 3  3  MKT 305 Global Env. Bus (IC)  3 
Gen Ed: Breadth  3  Free Elective  3 
       
Semester 7  SH Semester 8  SH
FIN 330 Financial Decision Models   3  FIN 490 Cases in Managerial Finance  3 
MGT 415 Strategic Mgt (CE, W3)  3  FIN 370 Financial Institutions  3 
FIN/ECO 360 Money, Banking, & Cap. Markets  3  ACC Optional Course OR Free Elective                  3 
ACC Optional Course OR Free Elective                     3  Free Elective  6 
Free Elective        
Total Credits Required for the BBA in Finance = 120; Minimum GPA 2.3. 

 

Course Restrictions
For a complete list of prerequisites, corequisites and other restrictions for all courses, please consult the Course Description section of this catalog.

 

Minor in Finance

Admission to the minor requires completion of at least 45 semester hours with a GPA of 2.3.  Successful completion of the minor requires the student to take 18 semester hours and to maintain a 2.3 GPA in all finance courses.  Please see your advisor to review all program requirements. There are two tracks in the Finance minor:

Track 1: Investments

Required Courses (12 SH):
FIN 310 Principles of Finance
FIN 320 Financial Management
FIN 330 Financial Decision Models
FIN 340 Investment Analysis and Portfolio Management

And a choice of two (2) of the following (6 SH):
FIN 316 Quantitative Methods of Finance
FIN 317 Fixed Income Securities
FIN 360/ECO Money, Banking and Capital Markets
FIN 370 Financial Institutions
FIN 486 Financial Engineering
FIN 488/ECO Multinational Financial Issues

Track 2: Financial Management

Required Courses (12 SH):
FIN 310 Principles of Finance
FIN 320 Financial Management
FIN 330 Financial Decision Models
FIN 340 Investment Analysis and Portfolio Management

And a choice of two (2)  of the following (6 SH):
ACC 301 Intermediate Financial Accounting I
ACC 302 Intermediate Financial Accounting II
ACC 361 Cost Accounting

The department reserves the right to approve alternative requirements on a case–by–case basis after advisement from a finance faculty member and approval by the department chair. Students receiving a B.B.A. degree must attain a GPA of 2.3 or better.