This is an archived copy of the 2014-15 catalog. To access the most recent version of the catalog, please visit http://catalog.mtmercy.edu.

Finance

The finance major prepares students to work in any of the major areas of the field of finance. These areas include commercial banking, financial planning, investment analysis, corporate financial analysis, investment banking, etc. Many of these areas are expected to grow in demand for the foreseeable future. The coursework required for this major gives students a well rounded background in business and finance. Students will learn core financial skills and how to apply them. They will also learn to think analytically and solve problems in an uncertain environment.

Upon graduating, Finance majors should be able, for example, to: compute the cost of capital for a company and make capital budgeting decisions; make financial forecasts and analyze financial statements; and use metrics to value companies and their stocks.

See the Graduate section  of this Catalog for more information on Graduate programs offered at Mount Mercy.

Core Requirements for all Business Majors

BA 203Principles Of Law3
BA 250Technology & Communication In Business3
BA 270Business Statistics3
BA 379Financial Management3
BA 435Senior Sem - Business3
or BA 436 Applied Business Strategy
BC 265Principles Of Accounting I3
BC 266Principles Of Accounting II3
BN 204Principles Of Management3
BK 208Principles Of Marketing3
EC 251Macroeconomics Principles3
EC 252Microeconomic Principles3
Select one of the following: 3
Finite Mathematics
Basic Mathematical Modeling
Pre-Calculus
Mathematics Modeling
Business Calculus
Calculus I (Required for Actuarial Science Majors)
Total Hours36

Finance Major (Core business requirements plus 18 additional semester hours)

BA 344Investments 13
BA 420Cases In Finance3
EC 366Money and Banking 23
One BC course numbered 300 or above3
Select two of the following: 6
Applied Financial Reporting
Risk Management
Securities Analysis
Finance Internship
International Economics 1
Total Hours18
1

Can NOT double count for the management or business majors or econ minor.

2

 Cannot double count for managemnt or business majors but does double count for economics minors.

Academic Requirements for the Finance Major

All finance majors must achieve a minimum grade of C- in each of the following courses: BC 265, BC 266, BA 344, BA 379, BA 420, EC 251, EC 252, EC 366, and the upper level accounting course as well as both finance electives. This applies to equivalent courses transferred from other institutions.