WHAT IS FINANCE?
This major is part of the Business Exploration Group
The field of finance is largely about helping businesses and other organizations make money. But there's more to that task than meets the eye. As a finance major, you'll learn how to plan for the long term. It’s not enough for a company to be ahead of the pack today -- it has to be successful five, ten, even twenty years down the line.Managing finances with the future in mind means answering tough questions like these: Can we afford to give employees a raise? Can we spend less on raw materials this year? Is it better to rent or buy office space? Finance majors learn how to make financial decisions for organizations. Course work covers such topics as planning, raising funds, making wise investments, and controlling costs.
The objective of the major in Finance at UConn is to provide students with a background of knowledge and a set of skills to enable them to perform successfully in finance-related fields. These fields reflect both global and domestic dimensions and they include corporate or business finance, financial management in government and not-for-profit organizations, financial planning, investments, banking, insurance, real estate, and public accounting. Advanced work in the Finance major features a problem-solving and decision-making orientation. Case problems and investment games are used and current developments in the economy and in financial markets and institutions are emphasized to help students appreciate the complexities of financial management. A student may choose the Finance major because of its universality, even if the student is meeting all or most of the requirements in real estate or insurance. Finance majors have acknowledged the quality and benefits of the major, making it one of the most popular majors in the School of Business.
All School of Business majors can also be completed through the dual degree program EUROBIZ (dual degree with German Studies).
Students who major in Finance are eligible to apply to the Accelerated Master's Programs in the School of Business.
HOW TO DECLARE:
APPLICATION REQUIRED. Admission is very competitive and requires a strong GPA along with the completion of specific courses. Find more information and the application here.
HELPFUL INTRO COURSES:
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ACCT 2001 - Principles of Financial Accounting (Major Requirement)
ECON 1201 - Principles of Microeconomics (Major Requirement) (Gen Ed: CA 2)
ECON 1202 - Principles of Macroeconomics (Major Requirement) (Gen Ed: CA 2)
MATH 1070Q - Mathematics for Business and Economics (Major Requirement) (Gen Ed: Q Course)
STAT 1000Q - Introduction to Statistics 1 (Major Requirement) (Gen Ed: Q Course)
POSSIBLE CAREER OPPORTUNITIES:
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UConn Majors to Careers Guides
Applied and Resource Economics
Health Care Management Society
UConn Stamford Financial Management Club