The Finance major prepares students for professional careers in corporate finance and the financial services industry. Augsburg Finance majors learn requisite skills through courses focused on financial theory and practice, investment and portfolio theory, intermediate accounting theory, money and banking, and international finance. In addition, Finance majors take courses in other business areas necessary so that they have a broad understanding of how finance serves the needs of business managers and others who rely on financial information. Besides careers in the finance/accounting area in all businesses large and small, this major leads to careers in banking, asset management, insurance, and investment banking. Students will gain the knowledge and skills to work as financial analysts and financial managers in business, government, and nonprofit organizations, and to work in other positions requiring engagement with financial information.
Students are encouraged to complete an internship prior to graduation. Proficiency in the use of spreadsheets such as Excel is expected. Coursework provides a foundation for graduate school and professional career examinations such as the Chartered Financial Analyst (CFA), conducted by the CFA Institute, and the Certified Financial Planner (CFP).
Degree and Major Requirements
Business Core Requirements
Seven courses including:
- ACC 221 – Introduction to Financial Accounting
- ACC 222 – Introduction to Managerial Accounting
- BUS 242 – Principles of Management
- or BUS 200 – Exploring Business as a Vocation
- ECO 113 – Principles of Microeconomics
- FIN 331 – Financial Management
- MIS 260 – Problem Solving for Business
- MKT 252 – Principles of Marketing
Required Finance Courses
Eight courses including:
- ECO 112 – Principles of Macroeconomics
- BUS 301 – Business Law
- MIS 379 – Quantitative Methods for Business and Economics
- ACC 322 – Accounting Theory and Practice I
- FIN 433 – Financial Theory: Policy and Practice
- FIN 438 – Investment Theory
- FIN 460 – International Finance
- ECO 315 – Money and Banking
Graduation skills in Critical Thinking (CT), Quantitative Reasoning (QR), Speaking (S), and Writing (W) are embedded throughout the offered courses and are met by completing the major. Transfer students must consult an advisor about potential adjustments to their course requirements to fulfill each of these skills.
Note: All business majors are encouraged to take KEY 490 – Vocation and the Meaning of Success to fulfill the Augsburg Core Curriculum Senior Keystone requirement.
For a complete list of courses and descriptions, see the Course Description Search.