Finance Major, Bachelor of Arts in Business Administration (BAB)
The Finance major is for those students with career objectives in the financial management of business firms, banking and other financial institutions, insurance and the securities industries. The course of study analyzes the investment needs, financial requirements and financial performance of business firms. It also is concerned with the role played by financial institutions and security markets in meeting the vital financial needs of business firms, investors and consumers.
Students must be formally admitted to the Business Undergraduate Program or officially declared as a minor before enrolling in business classes in the major. See Business Administration Course Enrollment Policies for more information.
Courses taken for the Finance Major beyond the required Business Administration Core are not counted double toward the Entrepreurship, International Business, Marketing, Human Resource Management Option, Operations Management Option or General Business Option majors.
- formal admission to the BAB program is required;
- ECON 200 and ECON 201 are considered supporting courses and may be used to fulfill BACRs as well as requirements for the Business Administration degree; however, these courses are not counted twice toward the total of 180 credits for graduation.
Grade Requirements for Graduation: a minimum grade ≥C in each course required for the major and a minimum GPA ≥2.5 for all upper division Business Administration core courses as well as required and elective courses taken to fulfill requirements for the major area.
|Required Business Administration Core|
|Lower Division Courses|
|ACCT 251||PRINCIPLES OF FINANCIAL ACCOUNTING||5|
|ACCT 252||PRINCIPLES OF MANAGEMENT ACCOUNTING||4|
|ACCT 261||BUSINESS LAW||4|
|DSCI 245||BUSINESS STATISTICS 1||4|
|ECON 200||INTRODUCTION TO MICROECONOMICS||5|
|ECON 201||INTRODUCTION TO MACROECONOMICS||5|
|ENGL 201||COLLEGE COMPOSITION: ANALYSIS, RESEARCH AND DOCUMENTATION||5|
|MATH 142||PRECALCULUS MATH II||5|
|or MATH 161||CALCULUS I|
|or HONS 161||CALCULUS I|
|or MATH 200||FINITE MATHEMATICS|
|MISC 311||INFORMATION TECHNOLOGY IN BUSINESS||4|
|Upper Division Courses|
|DSCI 346||BUSINESS STATISTICS 2||4|
|FINC 335||FINANCIAL MANAGEMENT||4|
|MGMT 326||ORGANIZATION THEORY AND BEHAVIOR||4|
|MGMT 423||BUSINESS AND SOCIETY||4|
|MKTG 310||PRINCIPLES OF MARKETING||4|
|OPSM 330||OPERATIONS MANAGEMENT||4|
|ECON 444||MONEY AND BANKING||5|
|FINC 434||FINANCIAL DERIVATIVES||4|
|FINC 435||CAPITAL BUDGETING AND LONG-TERM FINANCING||4|
|FINC 436||SHORT-TERM FINANCIAL MANAGEMENT||2|
|FINC/IBUS 474||INTERNATIONAL FINANCE MANAGEMENT||4|
|Electives–choose approved, related electives in consultation with your faculty advisor.||8-10|
|Required Senior Capstone|
|MGMT 490||DEPARTMENT SENIOR CAPSTONE||4|
University Competencies and Proficiencies
- Minimum Credits—180 cumulative credit hours
- 60 upper-division credits (300 level or above)
- 45 credits in residence (attendance) at Eastern, with at least 15 upper-division credits in major in residence at Eastern
- Minimum Cumulative GPA ≥2.0
All admitted students must officially Declare a Major by the time they reach 90 credits (junior standing).
Application for Graduation (use EagleNET) must be made at least two terms in advance of the term you expect to graduate (undergraduate and post-baccalaureate).
Use the Catalog Archives to determine two important catalog years.
SOAR calculates based on these two catalog years.
- The catalog in effect at the student's first term of current matriculation is used to determine BACR (Breadth Area Credit Requirements) and UGR (Undergraduate Graduation Requirements).
- The catalog in effect at the time the student declares a major or minor is used to determine the program requirements.
Students who successfully earn a BAB in Finance from EWU should be able to do the following:
- be able to conduct long-term financial analysis in real-world domestic and international applications;
- be able to conduct short-term financial analysis including cash-flow projections;
- be able to integrate the cost of capital (derived from risk, capital structure and market factors) into financial analyses;
- understand and be able to apply the time value of money;
- understand how modern securities including derivatives can be used to achieve investment and risk-management objectives.