2005 - 2006 Financial Services

Program Requirements | Plan of Study | Course Descriptions

Program Director: TBA
Faculty: Gaylen Bunker, Rich Collins, Rob Patterson, Nancy Panos Schmitt

Program Goals

The Financial Services Program offers a major leading to a Bachelor of Science degree that will prepare students for a career in either investments, insurance, banking, consulting, or financial planning. The theoretical and practical aspects of financial services are integrated to provide students with critical thinking skills and analytical tools as a foundation for life-long learning. After completing the program, students will have the educational preparation to qualify for the certified financial planning professional licensing examination. Students completing a bachelor degree in financial services should:

  • Develop an understanding of the functional structure within a firm and the role of finance for the goal of maximizing a firm's value
  • Develop an understanding of economic and financial concepts, analytical tools, and the theories and models of making critical managerial decisions
  • Develop the ability to conceptualize problems and to develop solutions to complex financial problems and support the decision with rational justification of conclusions
  • Develop the ability to effectively communicate complex financial concepts, analyses, and decision
  • Develop a good corporate ethical standard in financial service practice

Program Requirements

To fulfill the requirements for the major in Financial Services, students must complete the courses outlined below and maintain a minimum 2.3 GPA in all coursework required by the program.

For course prerequisites, please refer to the course description.

Liberal Education Courses

Credit Hours

Financial Services students should take the following courses as part of the liberal education (LE) requirements. These courses must be completed before registering for upper division business courses:

ECON 253 Elementary Macroeconomics (LE Group 3)
ENGL 110 Composition and Research (LE Skills Requirement)
MATH 141 College Algebra (LE Group 10)
MATH 150 Elementary Statistics (LE Skills Requirement)





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4


Requirement Description

Credit Hours

I.

Foreign Language Requirement

8

Financial Services majors must complete eight credit hours in one of the following ways:

  • Four credit hours of a foreign language, and either: four credit hours of a Westminster May term/summer international study tour, or four credits of an international study tour transferred from an accredited college or university.
  • Eight credit hours of a single foreign language.

See Foreign Language Requirement for equivalencies, AP and CLEP credit policy.

II.

Lower Division Business Courses

20

MGMT 110 Historical Traditions of Business and Entrepreneurship
ACCT 213 Accounting Principles
ECON 253 Elementary Macroeconomics
ECON 263 Elementary Microeconomics
MATH 150 Elementary Statistics

4
4
4
4
4

III.

Upper Division Business Courses

16

FINC 307 Corporate Finance
MGMT 305 Principles of Management
MGMT 325 Business and Employment Law
MKTG 300 Principles of Marketing

4
4
4
4

IV.

Upper Division Financial Services Courses

27-28

FINC 305 Investment and Analysis
FINC 315 Personal Financial Planning & Insurance
FINC 316 Retirement Planning & Employee Benefits
ACCT 474 Individual Income Taxation
ACCT 475 Estate and Tax Planning Strategy

Two additional electives chosen from the following:
MKTG 303 Professional Selling (4)
FINC 317 Securities Regulations and Trading (4)
PSYC 330 Interpersonal Communication Skills (3)

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7-8



V.

Practice/Experience Courses

2

Any Business Prefix 440* Internship
or
Any Business Prefix 441* International Business Practicum
or
Any Business Prefix 442* Professional Portfolio

*Note to transfers: all internships (440) must be taken at upper division level. For transfer of credit for 441 or 442, please see the Practice Experience Coordinator.

2 - 4

2

2



TOTAL HOURS FOR FINANCIAL SERVICES

73-74

Note: All students must complete 124 hours of coursework to graduate, 40 hours of which must be upper division (300 level or above). Students may need to take other courses to complete the college hours requirement.

Please refer to the Undergraduate Degree Requirements section of this catalog for information about restrictions when completing a major and a minor or two majors.

Recommended Plan of Study for Financial Services

In order to complete all major requirements, Financial Services majors should plan to take business courses in the following stages, subject to scheduling and availability constraints, in conjunction with other required courses and electives.

Freshman - Sophomore

Sophomore - Junior

ACCT

213 Accounting Principles

ACCT

313 Managerial Accounting

ECON

253 Elem Macroeconomics

FINC

307 Corporate Finance

ECON

263 Elem Microeconomics

FINC

315 Pers'l Fin Plann'g & Ins

MGMT

110 Hist/Trad of Bus & Entrep

MGMT

305 Princ of Management

MATH

141 College Algebra

MGMT

325 Business Law

MATH

150 Statistics

MKTG

300 Princ of Marketing

Foreign Language

Foreign Language

Junior - Senior

FINC

316 Retirement Planning & Employee Benefits

FINC

305 Investments & Analysis

FINC

440/442 Internship Requirement

ACCT

474 Individual Income Taxation

ACCT

475 Estate and Tax Planning Strategy

Upper Division Financial Services Electives