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, fixed income analyst, equity analyst, corporate financial analyst, 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 to: compute the cost of capital for a company and make capital budgeting decisions; make financial forecasts and analyze financial statements; and use discounted cash flow analysis and valuation 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 203 | Principles Of Law | 3 |
| BA 250 | Technology & Communication In Business | 3 |
| BA 270 | Business Statistics | 3 |
| BA 379 | Financial Management | 3 |
| BA 435 | Senior Seminar in Business | 3 |
| or BA 436 | Business Strategy Seminar | |
| BC 265 | Principles Of Accounting I | 3 |
| BC 266 | Principles Of Accounting II | 3 |
| BN 204 | Principles Of Management | 3 |
| BK 208 | Principles Of Marketing | 3 |
| EC 251 | Macroeconomics Principles | 3 |
| EC 252 | Microeconomic Principles | 3 |
| 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 Hours | 36 | |
Finance Major (Core business requirements plus 18 additional semester hours)
| BA 344 | Investments 1 | 3 |
| BA 420 | Cases In Finance | 3 |
| EC 366 | Money and Banking 2 | 3 |
| One BC course numbered 300 or above | 3 | |
| Select two of the following: | 6 | |
| Applied Financial Reporting | ||
| Risk Management | ||
| Securities Analysis | ||
| Finance Internship | ||
| International Economics 1 | ||
| Total Hours | 18 | |
| 1 | Can NOT double count for the management or business majors or economics minor. |
| 2 | Cannot double count for management 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 Principles Of Accounting I, BC 266 Principles Of Accounting II, BA 344 Investments, BA 379 Financial Management, BA 420 Cases In Finance, EC 251 Macroeconomics Principles, EC 252 Microeconomic Principles, EC 366 Money and Banking, and the upper level accounting course as well as both finance electives. This applies to equivalent courses transferred from other institutions.
See additional Academic Requirements for all business department majors and minors found in the Business Administration section of the Catalog.
Finance Minor
| BA 344 | Investments 1 | 3 |
| BA 379 | Financial Management | 3 |
| BA 420 | Cases In Finance | 3 |
| BC 265 | Principles Of Accounting I | 3 |
| BC 266 | Principles Of Accounting II | 3 |
| EC 251 | Macroeconomics Principles | 3 |
| EC 252 | Microeconomic Principles | 3 |
| EC 366 | Money and Banking 2 | 3 |
| One Accounting course numbered 300 or above | 3 | |
| 1 | Cannot double count for the management or business majors or economics minor. |
| 2 | Cannot double count for management or business majors but does count for economics minor. |
All finance minors must achieve a minimum grade of C- in each of the following courses: BC 265 Principles Of Accounting I, BC 266 Principles Of Accounting II, BA 344 Investments, BA 379 Financial Management, BA 420 Cases In Finance, EC 251 Macroeconomics Principles, EC 252 Microeconomic Principles, EC 366 Money and Banking, and the upper level accounting course.
See Academic Requirements for all business department majors and minors found in the Business Administration section of the Catalog.