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

ILO # ILO Name Credits
Core Curriculum Requirements
(31-32 Credits)
 All undergraduate students must complete a core curriculum of 31-32 credits that encompass the University's institutional 
learning outcomes (ILO's) and student learning objectives.
ILO 1 Creative and Reflective Capacities 3
ILO 2 Historical and Intercultural Awareness 6
ILO 3 Quantitative and Scientific Reasoning 7-8
ILO 4 Oral and Written Communication 6
ILO 5 Information and Technological Literacies 3
ILO 6 Critical Inquiry and Analysis 3
ILO 7 Ethical Reasoning and Civic Engagement 3

* Some courses may count as core and others as electives.

Credit Requirements
Total Major Requirement Credits 45
Total Business Elective Requirement Credits 16-18
Total Elective Liberal Arts & Sciences Credits 28-29
Total Core Requirement Credits 31-32
Total Degree Credits 120

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