Loyola Marymount University Bulletin 2011-2012 > College of Business Administration > Finance, Computer Information Systems and Operations Management > Finance

Finance

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Finance, Computer Information Systems and Operations Management

Objectives

The Bachelor of Business Administration degree—Finance (FNCE) major is to provide students with 1) the necessary skills to perform rigorous financial analysis; 2) an adequate understanding of financial markets, institutions, and current issues, in order 3) to contribute more to firms in their chosen specialty within finance upon graduation from LMU. Students will develop analytical skills in the application of theory and tools essential to financial planning, investments, financial markets, institutions, and corporate planning while acquiring the vocabulary and critical financial perspectives needed to enhance their careers and personal financial goals.

Learning Outcomes

Learning outcomes for Finance majors are as follows:

Students should be able to understand:

Fundamental finance concepts, techniques, and practices essential for financial management and business decision-making
How to apply finance concepts and techniques in the assessment of firm performance
How to use a financial calculator
How to value a stream of cash flows
The relationship between risk and return and the benefits of diversification
How to estimate a cost of capital for budgeting decisions
How to identify the importance of a firm’s capital structure
The factors that determine a firm’s dividend policy
How to analyze methods of working capital management

Major Requirements

Lower Division Requirements:

ACCT 2110, 2120; AIMS 2710; BADM 1010, 1020, 1030, 1040; BLAW 2210; ECON 105 or 110 and 120, 230; MATH 111, 112.

Upper Division Requirements:

AIMS 3770; BADM 4950, 4970; FNCE 3410; INBA 3810; MGMT 3610; MRKT 3510. A cumulative GPA of C (2.0) must be achieved in the major requirements (all business, economics, and math courses).

For purposes of meeting the requirements for the B.B.A., Finance major, degree and determination of academic probation, an overall cumulative grade point average of at least a C (2.0) must be obtained in FNCE 3410 and the Finance major courses.

Core, Major, and Elective Finance Courses:

FNCE 3410	Fundamentals of Finance
FNCE 3420	Investments
FNCE 3430	Financial Policy
FNCE 3440	Mergers and Acquisitions
FNCE 3460	Tax Law and Planning for Small Business (ENTR 3360)
FNCE 3497	Internship
FNCE 4410	Entrepreneurial Finance (ENTR 4310)
FNCE 4420	Real Estate Finance, Investment, and Entrepreneurship
FNCE 4430	Capital Markets
FNCE 4470	Multinationals and the Third World (INBA 4870)
FNCE 4480	International Finance (INBA 4870)
FNCE 4491	Student Investment Fund: Security Analysis
FNCE 4492	Student Investment Fund: Portfolio Management
FNCE 4493	Student Investment Fund: Investment Research Lab
FNCE 4498	Special Studies
FNCE 4499	Independent Studies

The Finance major is designed to prepare students for careers in the private and public sectors. Students develop skills in the application of concepts and techniques essential to financial planning and control, investments, and corporate planning.

Students with a major in FInance are required to complete five courses in the finance area including three required classes, Investments (FNCE 3420), Financial Policy (FNCE 3430), and Multinationals and the Third World (FNCE 4470) or International Finance (FNCE 4480). Two additional courses are to be chosen from the following classes:

Multinationals and the Third World (FNCE 4470) or International Finance (FNCE 4480)
Mergers and Acquisitions (FNCE 3440)
Entrepreneurial Finance (FNCE 4410)
Real Estate Finance, Investment, and Entrepreneurship (FNCE 4420)
Capital Markets (FNCE 4430)
Special Studies (FNCE 4498)

Student Investment Fund (SIF): Students enrolled in the SIF are permitted to take FNCE 4491 and 4492 (required for the SIF specialty) in lieu of FNCE 3420 and 3430. SIF students may take FNCE 3430 in addition to the courses listed below as one of their two remaining electives in fulfillment of the major requirements.

Students are encouraged to speak with Finance faculty and/or their CBA advisor for guidance on selection of specific electives for individual career goals.