Bachelor of Science in Finance

The field of finance is primarily concerned with the acquisition and management of funds by business firms, governments, and individuals. A business seeks financial advice when considering the purchase of new equipment, the expansion of present facilities or raising additional funds. Determining the value of financial and real assets and derivatives is a key activity in finance. As the study of finance is designed to provide the student with both the theoretical background and the analytical tools required to make effective judgments in finance, many students select careers in business financial management, commercial and investment banking, investments, government finance, insurance, and real estate.

Requirements:

  1. Finance 221 (required core course for all BUS students)
  2. Finance 300: Financial Markets (Prerequisite: Finance 221); CS 105 or electronic spreadsheet competency
  3. Fin 321: Advanced Corporate Finance (Prerequisite: Fin 300)
    Three additional full-semester, 3-hour, 400-level Finance courses except Fin 494 or 495 (Senior Research) and Fin 490 (Special Topics)
  4. Major Elective. Choose one of the following:
    • Accountancy 301: Accounting Measurement and Disclosure (Prerequisite: Accy 202)
    • Accountancy 302: Decision Making for Accountancy (Prerequisite: Accy 202)
    • Agricultural and Consumer Economics 428: Commodity Futures and Options Markets
    • Business Administration 374: Management Decision Models (Prerequisite: Econ 203 or consent of instructor)
    • Economics—Any 300- or 400-level course excluding Economics 302 (was 300)
    • Geography 483: Urban Geography
    • Mathematics or Statistics—Any course above the minimum mathematics or statistics requirement of the College, except Math 225.
    • Or other courses as recommended by Department of Finance faculty and approved by the Department of Finance chairperson

Recommended Schedule for Business Finance Majors:

If you entered UIUC before Fall 2006, your REQUIRED courses are unchanged. The Finance department RECOMMENDS, however, that you consider following the revised requirements; that is, we recommend that you take an additional three hours of Finance, and that you take at least nine hours of advanced Finance courses (311, 321, or 4xx). We also recommend additional hours of Accountancy beyond Accy 201 and 202.

Freshman First Semester Second Semester
Econ 102 or 103 3 Econ 102 or 103 3
Math 234 4 Math 125 3
Comp I or CMN 101 3–4 Comp I or CMN 101 3–4
CS 105 3 Foreign Language, Freshman Discovery, or Gen Ed2 6–7
Foreign Language, Freshman Discovery, or Gen Ed 3–4  
Total 16   16
Sophomore First Semester Second Semester
Accy 201 3 Accy 202 3
Econ 2022 3 Fin 221 3
Foreign Language or Gen Ed 10 Econ 2032 3
  Foreign Language or Gen Ed 4
    Econ 302 3
Total 16   16
Junior First Semester Second Semester
Fin 300 3 Fin 321 and 411 6
Composition II3 3 BA 300 3
BA 310 or Accy 3014 4 BA 310 or Accy 3014 3
BA 320 or Accy 3024 4 BA 320 or Accy 3024 3
Total 14   15
Senior First Semester Second Semester
Finance courses (advanced hrs recommended) 3–6 Finance courses (advanced hrs recommended) 3–6
Accy course (optional) 4 BA 449 3
Electives 3–6 Accy course (optional) 4
Electives 3
Total 15   16
Students entering with AP credit may be able to advance the schedule by a semester.
1 Official degree requirements may be found at http://courses.uiuc.edu/cis/.
2 Starting the Economics 202/203 sequence a semester early is desirable if you can get in as a freshman.
3 Some courses will fulfill a general education course and the Comp II requirement. (Bus. & Tech. Writing 250: Principles of Business Writing is highly recommended.)
4 Accy 301 and 302 are recommended but not required. Many employers look favorably on additional accounting courses. For those interested in financial reporting, we suggest Accy 301 and Accy 303. For those interested in managerial control and decision making, we recommend Accy 301 and 302, followed by Accy 304.

For more information, visit the Department of Finance's website.