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Finance Major

Finance Major Overview

Understanding finance is a critical component in today's business environment, and it can be defined as the art and science of managing money. Many firms, businesses, institutions and governmental agencies in our economic system have problems obtaining, administering and managing funds efficiently and wisely. Nearly every decision made by an organization has important financial implications. Thus, the finance student is introduced to and studies the theory, concepts, applications, institutional environment and analytical tools essential for proper decision-making.

Housed in the Department of Finance, the finance major is designed as preparation for a broad variety of careers since all organizations need individuals knowledgeable about finance. Careers may be in financial management and analysis, banking, financial institutions, financial markets, investments, portfolio analysis and management, financial planning, and multinational finance. Finance is also considered good preparation for graduate study in law or business.

Admission Requirements for the Finance Major

The finance major is a limited-access program. To be admitted to the finance major, a student must meet the admission requirements for limited-access programs in the College of Business. Upon completing all requirements for this major, the student will graduate with a Bachelor of Science in Finance.

Course Requirements

Courses for the major are updated each academic year. Students must use the course requirements from the academic year in which they were accepted into the College of Business. Typically students are admitted to the college beginning their junior year, and the academic year runs fall through summer.

Academic Mapping

Mapping is Florida State University’s academic advising and monitoring system that provides the student with a recommended eight semester map for completing their bachelor’s degree in four years. Summer semesters are not included in degree mapping, but the student may use summer terms to either get ahead or catch up in their degree program.

Students do not have to complete all of the recommended classes on their map to remain on course; they simply must meet certain minimum requirements known as "milestones." Milestones include a minimum grade point average (GPA), completion of specific classes and minimum grades ("C-" or better) in the milestone classes. Milestones are identified on each major map. All incoming freshmen are monitored for Semester 1 milestone criteria, regardless of the number of hours brought in through dual enrollment and/or credit by examination.

Students will be contacted if they are not making the appropriate progress. Students who do not satisfy the appropriate milestones at the end of any semester will be notified of such status by the university. The first time a student is off course, a Hold will be placed on registration; and the student will be required to contact an adviser to have the registration Hold removed. The adviser will discuss: (1) what is necessary to get back on course; and/or (2) possible alternative majors. If the student is off course for two consecutive semesters, a Hold placed is placed on registration; and the student will be required to change their major to an area outside of business.

Finance Major Opportunities

Student education is enhanced through the Department of Finance’s Student Investment Fund and its Trading Room, which provide hands-on experience in the real world of finance by training them in financial modeling and portfolio management - and giving them an edge in the competitive job market of Wall Street investing. Students also learn outside the classroom through our internship program and international programs and are offered many networking and leadership opportunities through student organizations, such as the Financial Management Association and the Master of Finance Student Association, and our Closing Bell event. Generous scholarships help support students along the way.

 




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