Finance
About the Concentration
Concentration: 24.0 quarter credits
Students with a concentration in finance obtain a thorough understanding of the basic concepts, principles, operating procedures, and analytical techniques in the various areas of finance.
Throughout the finance curriculum, students develop and apply quantitative skills for financial decision making within the business environment.
The concentration prepares students for careers in private business firms, including positions involving forecasting and budgeting for financial resources, cost-effectiveness analysis, control of expenditures, evaluation and financing of new projects, and evaluation of alternative methods of financing; in the investment field, including positions in banks, brokerage houses, and financial institutions that participate in the various money and capital markets; and in the public sector, including positions at the federal, state, and local government levels.
For more information about the concentration, contact the Department of Finance.
Concentration Requirements
All core mathematics and statistics courses should be completed before embarking on the finance concentration. A second course in business statistics, STAT 202, must be completed as a prerequisite for the required courses of this concentration.
Because of the relevance of financial accounting to the field of finance, it is strongly recommended that finance students also complete ACCT 321 and ACCT 322 (Financial Accounting I and II) as two of their free electives.
| Required Courses | ||
| FIN 302 | Intermediate Corporate Finance | 4.0 |
| FIN 321 | Investment Securities & Marketing | 4.0 |
| FIN 325 | Financial Institutions and Markets | 4.0 |
| Select three of the following: | 12.0 | |
| Risk Management | ||
| Derivative Securities | ||
| Investment Analysis | ||
| Entrepreneurial Finance | ||
| Money and Capital Markets | ||
| Seminar in Finance | ||
| Applied Portfolio Management | ||
| Advanced Portfolio Management | ||
| Global Financial Management | ||
| Total Credits | 24.0 | |
Sample Plan of Study
| Term 1 | Credits | |
|---|---|---|
| BUSN 101 | Foundations of Business I | 4.0 |
| ENGL 101 | Expository Writing and Reading | 3.0 |
| MATH 101 | Introduction to Analysis I | 4.0 |
| UNIV B101 | The Drexel Experience | 1.0 |
| Select one of the following: | 3.0 | |
| Applied Cells, Genetics & Physiology Applied Biological Diversity, Ecology & Evolution | ||
| Applied Chemistry | ||
| Applied Physics | ||
| Term Credits | 15.0 | |
| Term 2 | ||
| BUSN 102 | Foundations of Business II | 4.0 |
| ENGL 102 | Persuasive Writing and Reading | 3.0 |
| MATH 102 | Introduction to Analysis II | 4.0 |
| Select one of he following: | 3.0 | |
| Applied Cells, Genetics & Physiology Applied Biological Diversity, Ecology & Evolution | ||
| Applied Chemistry | ||
| Applied Physics | ||
| Term Credits | 14.0 | |
| Term 3 | ||
| ENGL 103 | Analytical Writing and Reading | 3.0 |
| ACCT 115 or ECON 201 | Financial Accounting Foundations Principles of Microeconomics | 4.0 |
| PSY 101 | General Psychology I | 3.0 |
| Society and culture course* | 3.0 | |
| General Education elective* | 3.0 | |
| Term Credits | 16.0 | |
| Term 4 | ||
| STAT 201 | Introduction to Business Statistics | 4.0 |
| ACCT 116 or ECON 202 | Managerial Accounting Foundations Principles of Macroeconomics | 4.0 |
| ACCT 115 or ECON 201 | Financial Accounting Foundations Principles of Microeconomics | 4.0 |
| History elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 5 | ||
| BLAW 201 | Business Law I | 4.0 |
| COM 270 [WI] | Business Communication | 3.0 |
| STAT 202 | Business Statistics II | 4.0 |
| ACCT 116 or ECON 202 | Managerial Accounting Foundations Principles of Macroeconomics | 4.0 |
| Term Credits | 15.0 | |
| Term 6 | ||
| FIN 301 | Introduction to Finance | 4.0 |
| MKTG 301 | Introduction to Marketing Management | 4.0 |
| ORGB 300 [WI] | Organizational Behavior | 4.0 |
| Social Science Elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 7 | ||
| FIN 302 | Intermediate Corporate Finance | 4.0 |
| MIS 200 | Management Information Systems | 4.0 |
| OPM 200 | Operations Management | 4.0 |
| Science or Computer Science Elective* | 3.0 | |
| Term Credits | 15.0 | |
| Term 8 | ||
| FIN 321 | Investment Securities & Marketing | 4.0 |
| PHIL 105 | Critical Reasoning | 3.0 |
| Free Electives | 8.0 | |
| Term Credits | 15.0 | |
| Term 9 | ||
| FIN 325 | Financial Institutions and Markets | 4.0 |
| INTB 200 | International Business | 4.0 |
| Free Elective | 4.0 | |
| General Education Elective* | 3.0 | |
| Term Credits | 15.0 | |
| Term 10 | ||
| FIN Concentration Course (See concentration requirements for list) | 4.0 | |
| Free Electives | 8.0 | |
| General Education Elective * | 3.0 | |
| Term Credits | 15.0 | |
| Term 11 | ||
| UNIV B101 | The Drexel Experience | 1.0 |
| ENGL 200 Through ENGL 399 | 3.0 | |
| Free Elective | 4.0 | |
| FIN Concentration Course (See concentration requirements for list) | 4.0 | |
| Fine Arts Elective | 3.0 | |
| Term Credits | 15.0 | |
| Term 12 | ||
| MGMT 450 | Strategy and Competitive Advantage | 4.0 |
| Free Elective | 4.0 | |
| FIN Concentration Course (See concentration requirements for list) | 4.0 | |
| General Education Elective* | 3.0 | |
| Term Credits | 15.0 | |
| Total Credit: 180.0 | ||
| * | See degree requirements. |
Co-op/Career Opportunities
The finance program at Drexel prepares students for careers incorporate financial management, the investment field, and the public sector. It also provides excellent basic preparation for various types of professional certification, including chartered financial analyst (CFA) and certified financial planner (CFP).In money and capital markets, finance students often find careers in banking, securities analysis, and portfolio management. In government, many choose to work for regulatory agencies.
Typical positions include financial analyst, capital budgeting officer, credit analyst, merger and acquisition manager, bank trust officer, portfolio analyst, and securities broker.
Visit the Drexel Steinbright Career Development Center for more detailed information on co-op and post-graduate opportunities.
Minor in Finance
Requirements
- No more than 2 courses or 8 credits (or 3 courses and 9 credits if classes were taken under the “old curriculum”) required by a student’s major may be counted towards this minor.
- A grade of “C” (2.0) or better must be earned for each course in this minor for it to be counted.
- No more than two transfer courses may be used to complete this minor. Transfer credits must be taken before matriculated at Drexel.
- Students in the process of completing a degree granting program out of the Goodwin College of Evening and Professional Studies, (BS or BSCOEPS), may enroll in 700 sections of the courses they choose that meet the minor requirements. All other students in the process of completing a degree granting program from other colleges/schools within Drexel University must enroll in the 500 sections of the courses they choose that meet the minor requirements.
- Students should check the pre-requisites of all classes when selecting electives. It is the responsibility of the student to know pre-requisites
- Business Administration and Business & Engineering majors may not minor in Accounting, Business, Economics, Entrepreneurship, Finance, International Economics, Legal Studies, Management Information Systems, Marketing and/or Operations Management.
All prospective students should meet with an advisor from the College as soon as possible. Call 215-895-2110 to set up an appointment.
| Required Courses | ||
| ACCT 115 | Financial Accounting Foundations | 4.0 |
| ACCT 116 | Managerial Accounting Foundations | 4.0 |
| FIN 301 | Introduction to Finance | 4.0 |
| FIN 302 | Intermediate Corporate Finance | 4.0 |
| FIN 321 | Investment Securities & Marketing | 4.0 |
| FIN 325 | Financial Institutions and Markets | 4.0 |
| Total Credits | 24.0 | |
Facilities
So that Drexel business students gain the most up-to-date access to both hardware and software used in professional settings, major advances in the technologies used in the corporate world are constantly being matched by upgrades on campus.
Beginning in summer 2011, construction will begin on a 12-story, $92 million academic center for the LeBow College of Business, replacing Matheson Hall. The new state-of-the-art will continue strengthening faculty research, student learning and the nourishment of a community consisting of faculty, students, alumni and business leaders. The building will help unite faculty, students and staff now housed in four locations throughout Drexel's main campus and is expected to open in 2014.
The Leonard Perlstein Business Learning Center houses state-of-the-art classrooms, labs, and tiered mock boardrooms, as well as the LeBow College Business Executive Education Center.
Courses
FIN 301 Introduction to Finance 4.0 Credits
Covers financial structure of a corporation, short-and long-term financial policies, sources and uses of capital funds, asset valuation, capital budgeting, and corporate growth.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: (ACCT 115 [Min Grade: D] or HRM 310 [Min Grade: D]) and (STAT 201 [Min Grade: D] or STAT 205 [Min Grade: D] or STAT 261 [Min Grade: D])
FIN 302 Intermediate Corporate Finance 4.0 Credits
Provides an in-depth treatment of long-term financing decisions, including estimation of the cost of capital, financial leverage, dividend policy, and working capital analysis.
Repeat Status: Not repeatable for credit
Prerequisites: FIN 301 [Min Grade: C] and (STAT 202 [Min Grade: C] or STAT 206 [Min Grade: C])
FIN 321 Investment Securities & Marketing 4.0 Credits
Covers stocks, bonds, other investment vehicles, and operation and regulation of the stock market.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: FIN 301 [Min Grade: C] and (STAT 202 [Min Grade: C] or STAT 206 [Min Grade: C])
FIN 323 Risk Management 4.0 Credits
Provides a fundamental understanding of risk and return, modern portfolio theory, asset pricing models, performance evaluation, and the use of derivatives to hedge and manage risk.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: FIN 321 [Min Grade: C] and (STAT 202 [Min Grade: C] or STAT 206 [Min Grade: C])
FIN 325 Financial Institutions and Markets 4.0 Credits
Covers understanding of the financial system from the money-creation process to the functioning of the Federal Reserve System to the role and management of financial institutions.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: FIN 301 [Min Grade: C] and (STAT 202 [Min Grade: C] or STAT 206 [Min Grade: C])
FIN 330 Derivative Securities 4.0 Credits
The analysis and pricing of derivative securities including futures and options: applications to risk management and portfolio management.
Repeat Status: Not repeatable for credit
Prerequisites: FIN 323 [Min Grade: C]
FIN 332 Investment Analysis 4.0 Credits
Introduces investment analysis, with particular emphasis on financial statement analysis.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: FIN 321 [Min Grade: C]
FIN 335 Entrepreneurial Finance 4.0 Credits
The purpose of the course is to bring financial management decision, tools and techniques typically applied in corporate contexts into the realm of entrepreneurship. This course presents the importance of understanding and applying entrepreneurial finance methods and tools to help ensure a successful venture.
Repeat Status: Not repeatable for credit
Prerequisites: FIN 301 [Min Grade: C]
FIN 338 Money and Capital Markets 4.0 Credits
Covers the organization and operation of the money and capital markets and key institutional financial intermediaries.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: FIN 325 [Min Grade: C]
FIN 340 Seminar in Finance 4.0 Credits
Covers current topics and selected cases in finance.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: FIN 302 and FIN 321 and FIN 325
FIN 341 Applied Portfolio Management 4.0 Credits
This course covers topics related to portfolio management. Students will learn how to analyze industries, select securities for inclusion in investment portfolios, and analyze portfolio performance. Students will participate in the management of a real investment portfolio for the duration of the course.
Repeat Status: Not repeatable for credit
Prerequisites: FIN 321 [Min Grade: C]
FIN 342 Advanced Portfolio Management 4.0 Credits
This course covers advanced topics related to portfolio management. Students will learn how to analyze industries and the investment potential of individual securities in depth. They will also learn advanced methods for analyzing portfolio performance and investment strategy. Students will participate in the management of a real investment portfolio for the duration of the course.
Repeat Status: Not repeatable for credit
Prerequisites: FIN 341 [Min Grade: C]
FIN 346 Global Financial Management 4.0 Credits
Examines the investment and financing strategies of multinational corporations. Covers topics including capital acquisition in the international environment, international investment borrowing, international corporate restructuring, currency swaps and recapitalizations, hedging techniques, and international risk-management instruments.
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman or Sophomore
Prerequisites: FIN 301 [Min Grade: C]
FIN 350 Personal Finance 4.0 Credits
Covers key personal financial documents, taxes, credit, insurance, and investments.
Repeat Status: Not repeatable for credit
Restrictions: Can enroll if classification is Junior or Senior.
FIN 498 Special Topics in Finance 12.0 Credits
This course covers techniques of investment analysis for different types of business firms. It includes financial risk analysis, stock valuation measures, and other topics of particular interest to finance students.
Repeat Status: Can be repeated multiple times for credit
Restrictions: Can enroll if classification is Senior.
Prerequisites: FIN 301 [Min Grade: C]
FIN 499 Independent Study 0.5-5.0 Credits
Independent Study.
Repeat Status: Can be repeated multiple times for credit






