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    Loyola Marymount University
   
 
  Nov 25, 2017
 
 
    
Loyola Marymount University Bulletin 2017-2018

Finance, B.B.A.


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Note


The undergraduate Finance curriculum was revised effective Fall 2017. If a student who matriculated before Fall 2017 takes FNCE 3410 instead of FNCE 3400, he or she will not be able to switch graduation requirements from the pre-revision requirements to the post-revision requirements. If a student who matriculated before Fall 2017 takes FNCE 3400, he or she will be able to switch to the new requirements. Students graduating after May, 2020, will be required to have completed the new requirements (unless, in special circumstances, permission has been granted by the Department Chair and Associate Dean).

Objectives


The Bachelor of Business Administration degree–Finance (FNCE) major provides students with the necessary skills to succeed in their first finance job upon graduation from LMU. Students will develop applied financial modeling skills based in theory, contracts, and the current tools essential to corporate finance, banking, and investments.

Learning Outcomes


Learning outcomes for Finance majors are as follows:

LMU Finance graduates:

  1. Apply the principles and techniques of time value of money to value an investment
  2. Explain the impact of a firm’s capital structure on its risk and firm value
  3. Construct rigorous financial models for decision making
  4. Translate contracts, laws, annual reports, and other legal documents into financial models
  5. Make sound investment decisions
  6. Calculate and interpret investment performance measurements.

Major Requirements


Notes:


Students are required to enroll in FNCE 1001  before or at the same time as they enroll in FNCE 3400 . Students are encouraged to enroll in FNCE 1001  in the Fall of the sophomore year if possible. The course meets four times for two hours per meeting over the course of the semester, and students will receive Credit/No Credit upon completion of the course. A student must earn credit for FNCE 1001  in order to graduate. FNCE 1001  is a zero-semester-hour, zero-cost course.

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, a minimum grade of a C must be earned in FNCE 3400  and an overall cumulative grade point average of at least a C (2.0) must be obtained in Finance major courses (FNCE 3400 , FNCE 3420 , and FNCE 3477 ).

Note


Students with a major in Finance are required to complete at least five courses in the finance area including the three required classes, Fundamentals of Corporate Finance (FNCE 3400 ), Investments (FNCE 3420 ), and Valuation and Fianancial Modeling (FNCE 3477 ). Two additional courses carrying a minimum of three semester hours each must be chosen from the list above.

To fulfill their open electives, students are encouraged to take additional finance courses; additional accounting courses, such as Intermediate Accounting I (ACCT 3110 ); additional economics courses, such as Money and Banking (ECON 3220 ) or Econometrics (ECON 3300 ); computer programming courses, such as Computer Programming (CMSI 185 ) or Computer Systems Organization(CMSI 284 ); or additional mathematics courses.

Student Investment Fund (SIF):


Students enrolled in the SIF are permitted to take FNCE 4491  and FNCE 4492  (required for the SIF specialty) in lieu of FNCE 3420 . Students must apply in the Spring to be accepted into the SIF for the following academic year. A very limited number of students is accepted into the SIF program.

Model 4-Year Plan–Bachelor of Business Administration–Finance Major Curriculum


The following curriculum represents the order or sequence in which it is expected that students will take the various courses required for the B.B.A. (Finance major) degree.

Freshman Year


Fall Semester


Total: 14-16 semester hours

Spring Semester


Total: 14-17 semester hours

Sophomore Year


Total: 15 semester hours

Spring Semester


Total: 16-18 semester hours

Junior Year


Fall Semester


Total: 14-15 semester hours

Spring Semester


Total: 16-18 semester hours

Senior Year


Fall Semester


Total: 12-15 semester hours

Spring Semester


Total: 12-15 semester hours

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