Business Administration, Finance, B.S.

By focusing on managing current and future figures of a business or organization, finance professionals are often responsible for predicting and analyzing the potential for profit and growth, assessing resources, utilizing statistics and reports. Finance can be a good choice for people who are inquisitive, ambitious problem solvers. A bachelor’s degree in finance is a great starting point for careers in financial services, across business, banking and consultancy sectors.

Special offerings for each semester may be found in the Schedule of Classes.

Requirements for the major in Business Administration, Finance, B.S.

Students seeking the Bachelor of Science degree in Finance must complete a minimum of 120 credits including the following requirements:

General Education requirements

In order to graduate on-schedule without taking additional courses, it is highly recommended that students meet with an Undergraduate Academic Adviser concerning the selection of all of their general education courses.

Each candidate for an Oakland University baccalaureate will need to satisfactorily complete approved courses in each of the following areas: Foundations, Explorations, Integration, Writing, U.S. Diversity, and Capstone. For details, refer to the General Education Requirements section of the catalog.

Business Pre-Core required courses

ACC 2000 - Financial Accounting (4)
ACC 2100 - Managerial and Cost Accounting I (4)
COM 2000 - Public Speaking (4) or COM 2403 - Group Dynamics and Communication (4) or COM 3401 - Communication in Organizations (4) or COM 3403 - Interpersonal Conflict (4)
ECN 2020 - Principles of Global Macroeconomics (4) or ECN 2000 - Principles of Macroeconomics (4)
ECN 2010 - Principles of Microeconomics (4)
MIS 1000 - Business Problem Solving with Information Technology (3)
MTH 1221 - Linear Programming Elementary Functions (4) or MTH 1441 - Precalculus (4) or MTH 1331 - College Algebra (4) or MTH 1222 - Calculus for the Social Sciences (4) or MTH 1554 - Calculus I (4)
QMM 2400 - Statistical Methods for Business I (3) or STA 2220 - Introduction to Statistical Concepts and Reasoning (4) or STA 2226 - Applied Probability and Statistics (4)
QMM 2410 - Statistical Methods for Business II (3)
SBC 1990 - ACHIEVE I (0)
SBC 2990 - ACHIEVE II (0)

*If a student places into and completes MTH 1222 or MTH 1554 with the required minimum grade, MTH 1221 or MTH 1441 or MTH 1331 is not required.

Business Core required courses

ECN 3030 - Managerial Economics (3)
FIN 3220 - Managerial Finance I (3)
MGT 3500 - Legal Environment of Business (3)
MGT 4350 - Management Strategies and Policies (3)
MIS 3000 - Management Information Systems (3)
MKT 3020 - Marketing (3)
ORG 3300 - Introduction to Organizational Behavior (3)
ORG 3310 - Introduction to the Management of Human Resources (3)
POM 3430 - Operations Management (3)
WRT 3082 - Business Writing (4) or ENG 3110 - Advanced Critical Writing (4)

Finance (FIN) required courses

ACC 3010 - Financial Reporting and Analysis (3) *
FIN 3600 - Investment Analysis (3)
FIN 3680 - Financial Modeling (3)
FIN 3720 - Managerial Finance II (3)
FIN 3990 - ACHIEVE III - Finance (0)
*In lieu of ACC 3010 (3), students may substitute both ((ACC 3100 (3) and ACC 3110 (3)) or (ACC 4001 (3) and ACC 4002 (3)).

Complete three Finance elective courses

FIN 4180 - Financial Markets and Institutions (3)
FIN 4190 - International Financial Management (3)
FIN 4200 - Real Estate Investment Analysis (3)
FIN 4250 - Financial Derivatives (3)
FIN 4300 - Mergers and Acquisitions and Corporate Restructuring (3)
FIN 4360 - Managing Investment Funds (3)
FIN 4600 - Investment Portfolio Management (3)
FIN 4900 - Special Topics in Finance (3)
*ACC 3200 (3) or ACC 4003 (3) or ACC 3500 (3) or ACC 4150 (3) may be substituted for one finance elective.

Additional requirements

Students must complete the core program and the requirements of one of the business majors in the SBA with a minimum grade of C in each of the pre-core, core and major courses. Once admitted to the business program as a pre-business or undecided business student or major, a student must complete all of the remaining business core, major and business minor coursework for the degree at Oakland University.

Students must complete at least 31 credits of courses offered by the School of Business Administration, excluding ECN 1500, ECN 2000 or ECN 2020, ECN 2010, ECN 2100 and QMM 2400 and QMM 2410. Of these 31 credits, at least 12 credits must be in the student’s major.

Students earning an additional major are permitted to do so in all areas except general management. No more than four credits of independent study (4996) courses may be used to meet the major elective requirement. Courses numbered 3800 and 4900 may be repeated for up to eight credits provided the topics are different. All major courses require a 2.6 GPA or better or major standing to take these courses (excludes Economics and non-SBA major courses).

If an Actuarial Science student wants to switch to a Finance major, they can use FIN 3550 to satisfy the FIN 3220 requirement, but will still need to take FIN 3720. If a Finance major student wants to switch to an Actuarial Science major, they will need to use both FIN 3220 and FIN 3720 to satisfy the FIN 3550 requirement.