Finance

SCHOOL OF BUSINESS

BS Finance

Our BS in Finance program is powerful and practical. It affords a versatility that enables you to find work across nearly any industry and business size—from startups to nonprofits to government agencies to global corporations.

You will learn how to raise capital for corporations, as well as how to invest capital in real projects and securities such as stocks and bonds.

As a student, you will explore the pillars of the financial industry, including economic policy, commercial and investment banking, capital markets, global debt, private equity and venture capital, investments and portfolio optimization, corporate governance standards, securities regulation, and ethics.

The Bachelor of Science degree in Finance is accredited by AACSB International (Association to Advance Collegiate Schools of Business), the world’s leading business accrediting agency.


Program Curriculum

Course # Course Name Credits
Required Business Administration Courses
(24 Credits)
ACC 211 Accounting Principles I
3
ACC 212 Accounting Principles II 3
DA 218 Intro to Business Information Processing  3
MAN 211 Principles of Management
3
MAN 216 Business Communication
MKT 211 Marketing Principles and Practices 
QAS 219 Business Analytics 3
QAS 220 Business Statistics
Required Finance Courses (21 credits) 
FIN 211 Principles of Finance I
3
FIN 212 Principles of Finance II
FIN 229 Private Equity and Venture Capital
FIN 231  Investments
FIN 235  Spreadsheet Modeling in Finance
3
FIN 265 Money and Capital Markets
FIN 281 Seminar in Financial Services 3
Business Elective Courses (16-18 Credits)
Choose six (6) courses from the following subject areas:
ACC, BDA, ENT, FIN, LAW, MAN, MIS, MKT or QAS
Liberal Arts and Sciences Electives
(28-29 Credits)
*
Co-Related Required Courses (which can be included in core or electives)
ECO 101 Introduction to Microeconomics 3
ECO 102 Introduction to Macroeconomics 3
MTH 106 Calculus for Business and Social Science 3

Institutional Learning Outcome (ILO)

Courses

ILO 1: Creative and Reflective Capacities

 (3 credits)

Openness to new ideas, integrative and reflective thinking, investigation, and synthesis of existing knowledge as a way of creating, appreciating, and reflecting on original, innovative work grounded in scientific, humanistic, historical, and/or aesthetic disciplinary knowledge.

ART 101: Introduction to Art

ART 105: Introduction to Beginning Drawing

ART 106: 3D Visualization and Production

ART 131: Pottery and Ceramic Sculpture I

CIN/FIL 109: Screenwriting II

CIN 111: History of World Cinema

CMA 109: Media Arts and Technology

DNC 108: History of Dance

ENG 167: Creativity and Nature

ENG 182: Introduction to Creative Writing

ENG 183: Creative Non-Fiction

JOU 110: Journalism, Media and You

MA 109: Media Arts and Technology

MUS 101: Introduction to Musical Concepts

MUS 102: Music Fundamentals

MUS 110: Introduction to World Music

PHI 172: Philosophy and the Mind

SPE/ORC 105: Public Speaking

THE 100: Introduction to Drama

THE 111: The Art of Theatre

THE 143: Shakespeare in Performance

THE 193: Theatre Research/Performance

ILO 2: Historical and Intercultural Awareness (6 credits)

Recognition of oneself as a member of a global community consisting of diverse cultures with unique histories and geographies.

History

HIS 100: American Civilization to 1877

HIS 101: Perspectives on Premodern World History

HIS 102: Perspectives on Modern World History

HIS 108: American Civilization since 1877

Intercultural Awareness

ANT #: Any Anthropology Course

ART 104: Introduction to Visual Arts

CIN 105: The Art of Documentary

ENG 115: Global Literatures

ENG 132: Shakespeare

ENG 158: American Literature

FRE 111: Introduction to French I

FRE 112: Introduction to French II

GGR 102: Geography and the Global Citizen

HIS 144: Topics in Asian History

HIS 157: Topics in Latin American History

ITL 111: Introduction to Italian I

ITL 112: Introduction to Italian II

MUS 103: Music in Western Civilization

MUS 146: History of Hip Hop

MUS 147: History of Rock Music

MUS 159: History of Country Music

PHI 170: Philosophies of Love and Sex

POL 150: International Relations

POL 161: Introduction to Comparative Politics

SPA 111: Introduction to Spanish I

SPA 112: Introduction to Spanish II

SOC 103: Gender and Sexual Diversity

SOC 135: Global Cultures

SOC 165: Culture and Society

SOC 103: Gender and Sexual Diversity

SOC 165: Culture and Society

SPE 100: Oral Communication

THE 142: Modern Theatre History

ILO 3: Quantitative and Scientific Reasoning (7-8 credits)

Competence in interpreting numerical and scientific data in order to draw conclusions, construct meaningful arguments, solve problems, and gain a better understanding of complex issues within a discipline or in everyday contexts.

Scientific Reasoning

AST 109/109A: Introductory Astronomy I

AST 110/110A: Introductory Astronomy II

BIO 120/120L: General Biology I

BIO 124/124L: Foundations of Biology I

BIO 125/125L: The Science of Sustainability

BIO 126/126L: DNA and Human Life

BIO 137/137L: Human Anatomy and Physiology I

CHM 101/101L: Chemistry for Health Science I

CHM 103/103L: Principles of Chemistry I

ERS 101/101L: Weather and Climate

ERS 102/102L: Planet Earth

ERS 103/103L: Oceanography

ERS 125/125L: Environmental Sustainability Science

FSC 100/100L: Introduction to Forensic Chemistry

PHY 103: University Physics I

PHY 104: University Physics II

PHY 120/120L: The Physical Universe

PHY 127/127L: Physics for Pharmacy

PHY 131/131L: General Physics I

PHY 131/131L: College Physics I

PHY 132/132L: General Physic II

PHY 132/132L: College Physics II

Quantitative Reasoning

MTH #: Any Mathematics Course

ILO 4:

Oral and Written Communication

(6 credits)

Knowledge and skill in exchanging informed and well-reasoned ideas in effective and meaningful ways through a range of media to promote full understanding for various purposes, among different audiences and in a variety of contexts and disciplines.  

Written Communication

ENG 110: Writing I – Composition and Analysis

ENG 111: Writing II – Research and Argumentation

ILO 5: Information and Technological Literacies

 (3 credits)

Ability to use information and communication technologies to find, evaluate, create, and effectively and responsibly use and share that information, requiring both cognitive and technical skills.

CGPH 126: Web Design for Everyone

EDI 100: Contemporary Issues in Education

ENG 148: Ideas and Themes n Literature

ENG 173: Writing in the Community

ENG 175: Writing in the Professions

ENG 178: Writing in the Sciences

HIS 107: Engaging the Past

HIS 190: Research Problems in History

POL 100: Research Problems in Political Science

SOC 102: Social Problems

SOC 148: Medical Sociology

SOC 148: Sociology of Health and Illness

ILO 6: Critical Inquiry and Analysis 

(3 credits)

Reflective assessment and critique of evidence, applying theory, and practicing discernment in the analysis of existing ideas and in the production of new knowledge across a broad array of fields or disciplines.

ENG 103: Grammar and the Structure of English

ENG 112: World Literatures I

ENG 113: World Literatures II

ENG 140: Introduction to Literature

ENG 180: Literary Genres

FRE 100: French Cinema

GGR 101: The Geography of Sustainable Development

HIS 104: Topics in American History

HIS 120: Topics in Medieval History

HIS 164: History of Gender and Sexuality

HIS 167: History of Science and Technology

PHI 100: Beginning Philosophy

PHI 163: Philosophy of Art

PHI 179: Social and Political Philosophy

POL 147: Political Psychology

POL 156: Diplomacy and Negotiation

PSY 103: General Psychology

PSY 111: Psychological Perspectives on Teaching and Learning

SOC 100: Introduction to Sociology

SOC 112: Gender, Race and Ethnicity

SOC 126: Sociology of Gender

SOC 161: Sociology of Sport

ILO 7: Ethical Reasoning and Civic Engagement (3 credits)

Evaluation of ethical issues in conduct and thinking, development of ethical self-awareness, consideration of various perspectives, and responsible and humane engagement in local and global communities.

ART 177: High Impact Art

CIN/FIL 103: Major Forces in the Cinema

ECO 101: Microeconomics

ECO 102: Macroeconomics

ENG 150: Empathy and Literature

HIS 116: History of Race and Society

HIS 158: History of Politics and Power

PHI 105: Bioethics

PHI 113: Philosophy and Film

PHY 178: Ethics and Society

POL 101: Introduction to Political Science

POL 102: Introduction to American Politics

POL 123: Political Parties and Public Opinion

SOC 108: Sociology of Youth

SOC 109: Social Movements and Change

SOC 110: Human Rights and Social Justice

SOC 119: Sociology of the Family

SOC 122: American Social Problems/Global Context

SPA 105: The Hispanic World

Courses

ACC 211 Accounting Principles I

This course presents an introduction to fundamental financial accounting principles, concentrating on identifying, recording, and communicating the economic events of a business organization. This course studies the theory and practice of accounting. Topics covered during the semester include the balance sheet, income statement, and principles required to understand financial accounting systems.

Credits: 3

Every Semester


ACC 212 Accounting Principles II

This course is the second in the accounting principles sequence. The first part of the course focuses on partnerships and the corporate form of business organization, including financial statement analysis and cash flow statements. Students are then introduced to managerial accounting concepts and how they can be used in fostering internal business decision-making. Information concerning the behavior of costs, profit planning, and budgeting is analyzed to enhance meaningful comprehension of managerial accounting.

Credits: 3 

Every Semester

 

DA 218 Introduction to Business Information Processing      

The course provides students with the opportunity to learn data processing and data analytic skills needed to execute business and professional functionalities in Microsoft Excel. Emphasis is placed on how to efficiently navigate big datasets and use the keyboard to access commands during data processing. The course provides students extensive hands-on experience in learning through practicing with datasets drawn from accounting, finance and other business scenarios. Data visualization skills are also introduced and reinforced throughout the course. At the end of the course students are expected to earn the Microsoft Office Specialist Certification in Excel.

Credits: 3

Every Semester

 

ECO 101 Introduction to Microeconomics

This course discusses the important economic theories and concepts that facilitate understanding economic events and issues. Its main focus is on the choices made by consumers, producers, and governments, and there interactions of these choices. Topics include demand and supply, consumption, and production, competitive and non-competitive product markets, markets for resources, and welfare. This course fulfills the Power, Institutions, and Structures thematic cluster requirement in the core curriculum.

Credits: 3

On Occasion

 

ECO 102 Introduction to Macroeconomics

This course discusses the important economic theory and concepts that facilitate understating economic theories and concepts that facilitate understanding economic events and questions. Its main focus is on analyzing the behavior of important economic aggregates such as national income, unemployment, inflation, interest rates, exchange rates and economic growth.  The effects of the government's monetary and fiscal policies on economic growth and inflation are also examined. This course fulfills the Power, Institutions, and Structures thematic cluster requirement in the core curriculum. Prerequisite of ECO 10 is required.

Credits: 3

Every Fall, Spring and Summer

 

FIN 211 Principles of Finance I

This course provides basic principles by which the modern corporation manages its assets, controls its liabilities and raises new capital. Topics covered include the mathematics of finance, valuation and rates of return on securities, financial statement analysis, forecasting, planning and budgeting, working capital management, introduction to capital budgeting techniques, and cost of capital considerations.  Prerequisite or Co-requisite of ACC 11 is required or permission of Chair.

Credits: 3

Every Semester

 

FIN 212  Principles of Finance II  

This writing across-the-curriculum course is an analysis of corporate policy with respect to internal financial control, capital budgeting, dividend policy, and the issuance and sale of new securities. Emphasis will be placed on corporate decision-making under uncertainty in areas of investment and financing alternatives, both domestically and internationally. Tools and techniques for risk assessment and risk management will be explored using financial calculators and spreadsheet models. Prerequisites of FIN 11 and ACC 11 are required.

Credits: 3

Every Semester

 

FIN 229 Private Equity and Venture Capital 

The course is designed to study the venture capital and private equity industry. Topics to be covered include how private equity funds are raised and structured, the features of private equity funds and the fundraising process. In addition, the course considers the interactions between private equity investors and the entrepreneurs that they finance, as well as the exit process for the investor. Several private equity transactions, including venture capital, buyouts, build-ups, and venture leasing, will be illustrated. Prerequisite of FIN 11 is required.

Credits: 3

On Occasion

 

FIN 231 Investments

This course focuses on security markets and investment opportunities. Students are exposed to the concepts of market efficiency and risk and return in the context of valuations of equities, fixed income securities, and derivative securities. The objective is to provide a systematic method of analyzing investment portfolios. Prerequisite of FIN 11 is required.

Credits: 3

Every Fall and Spring

 

FIN 235 Spreadsheet Modeling in Finance

The purpose of this course is to instruct students in the use of Microsoft Excel for financial analyses and modeling. The course will address the basic Principles of Finance within the context of Microsoft Excel. Topics will include spreadsheet basics including a survey of Excel functions and formulas, financial statement development and analysis, cash budgeting, sensitivity analysis, financial forecasting, the time value of money, duration, stock, and bond valuation, the cost of capital and capital budgeting.

Credits: 3

Every Fall

 

FIN 265 / ECO 265 Money and Capital Markets

The main goal of this writing-across-the-curriculum course is to analyze and understand the main forces that are influencing and changing the U.S. financial system. Emphasis will be placed on both financial theory which includes the loanable funds theory, liquidity preference, the modern quantity theory of money, and theories of the term structure of interest rates and the U.S. institutional structure which includes an examination of financial markets and financial institutions and their competitive strategies. Regulatory changes and traditional and new financial instruments will be evaluated along with a discussion of the use of the Federal Reserve's flow of funds and material from rating agencies and major financial firms. Current events will also be covered.Cross-listed with ECO 65.

Credits: 3

Annually

FIN 281 Seminar in Financial Services

Students will explore the relationship between corporate financial flows and financial market, industry, and aggregate economic data. Students are required to have junior or senior status.

Credits: 3

Every Spring


MAN 211 Principles of Management

This course introduces the student to management history, concepts, theories and practices. The managerial functions of planning, organizing, leading and controlling are examined.

Credits: 3

Every Semester

 

MAN 216 Business Communication

Writing Across the Curriculum (WAC) This course examines the opportunities and problems inherent in the process of business communication. The course is designed to improve effective business communication with emphasis on individual and interpersonal skills building. Topics include, but are not limited to, determining appropriate style and tone in various types of written business communications; strengthening verbal effectiveness through the use of presentations and graphics; and learning to interpret and use non-verbal communication for greater impact. This course addresses the unique communication challenges that arise as a result of diversity, globalization and the pervasiveness of technology. Prerequisites: FIN 11, MAN 11, MAN18, MAN 11. Junior status.

Credits: 3

Every Fall, Spring and Summer

 

MKT 211 Marketing Principles and Practices

This is the core-marketing course for the LIU Undergraduate Program and it also appeals to non-business-majors who are interested in marketing. The aim of the course is to provide a rigorous and comprehensive introduction to contemporary marketing practice. The participants learn how to analyze complex business situations, identify underlying problems and decide on courses of actions with the help of the modern marketing management techniques. The students learn the concepts and terminology of modern marketing management during lectures, cases and class discussions. Application of the marketing management concepts becomes the focus for the term project.

Credits: 3

Every Semester

 

MTH 106 Calculus for Business and Social Science

Limits, derivatives, maxima and minima, indefinite and definite integration, and applications are

covered. Prerequisite of MTH 4 or 5 is required. Not open to students who have taken MTH 7.

Credits: 3

Every Fall, Spring and Summer

 

QAS 219 Decision Analysis

This course covers the practical application of management science models to business problems. Applications include efficient allocation of scarce resources, project scheduling, network design, inventory management and queuing models.

Prerequisites: Math 6 and ECO 72.

Credits: 3

Every Semester 

 

QAS 220 Business Statistics

This course introduces some of the statistical concepts and techniques used in business decision-making at an advanced level. The emphasis is on business application. Problems from the functional areas of accounting, finance, marketing, management, and operations are used to illustrate how probabilistic and statistical thinking and analysis can enhance the quality of decisions.

Credits: 3

Every Semester 

 

CONTACT

College of Management
LIUPostbiz@liu.edu