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Fisher College of Business


Finance
T   he finance major is designed to prepare students for the              Acceptance in the student’s major area of interest within the
    increasingly important area of financial management in                College of Business is competitive on a space available basis.




                                                                      []
all types of businesses, firms, and financial institutions. The           More information may be found at fisher.osu.edu.
financial officer has responsibility for activities such as raising
and allocating funds, cost analysis, forecasting and budgeting,
investment management, and formulating financial and credit                       The Fisher College of Business
operating policies.                                                               undergraduate Finance program was
                                                                                  recently ranked 10th in the nation according
Students studying the field of finance take course work in                        to US News and World Reports 2007.
corporate finance in which they study the effects of projects
and financial policy on stockholder wealth. They study capital                    Members of the department have received
budgeting, project cost of capital, dividend policy, debt policy,                 numerous teaching awards and have
leasing policy, and option pricing. Different types of investments                innovated with experiential learning
and their relative merits, the role of financial institutions including
                                                                                  with courses like the Student Investment
the study of asset and liability management in commercial banks
                                                                                  Management Program which manages over
and saving institutions are examined. Students have choices
                                                                                  $9 million in University funds and offers trips
of additional topics in investment analysis including portfolio
                                                                                  for students to major financial centers.
management, the stock market, and opportunities and problems
in international finance.
                                                                                  Ohio State was home to the Journal of
                                                                                  Finance for twelve years, an outlet for high
Pursuing Finance at Ohio State
                                                                                  impact research in finance.
Students interested in finance as a major should have a good
high school background in mathematics and written and oral
communication. Experience with computers is helpful.
                                                                          Finance Requirements
Students who come to Ohio State to study business will be                   • Principles courses include:
directly enrolled as pre-business students in the Fisher College                 Accounting Principles
of Business if they meet one of the following criteria: a minimum                Economics Principles
ACT composite score of 25, SAT combined Critical Reading and                     Statistics
Math scores of 1150, or a rank in the top 20% of their high school
class. As a pre-major, students will enter the pre-major advising           • Core courses include:
program within the Fisher College of Business. Those students                   Business Skills and Environment
not eligible to directly enroll in business may enroll in the                   Legal Environment of Business
Management and Industry Exploration Program. To learn more,                     International Business
visit exploration.osu.edu.                                                      Intermediate Accounting
                                                                                Finance
Acceptance into the major and degree candidacy within the                       Management Sciences
college is by application. Students may apply to a major program                Management and Human Resources
after completing a specified set of courses. Admission of students              Marketing
with an overall cumulative point-hour ratio (CPHR) of 3.00 or                   Economics
above is guaranteed. College academic counselors can provide                    Senior Seminar in Business Policy
CPHR information for the most recently admitted class.
                                                                            • Required major courses include:
New freshmen with high ACT or SAT test scores and a high                        Corporate Finance
school rank in the upper 10% or acceptance into the University                  Investment Management
Honors Program may be eligible for direct enrollment into                       Management of Financial Institutions
business majors.                                                                Selected Topics in Finance




For more information, check these web sites:
                                                                          Career Services: fisher.osu.edu/career
Finance: fisher.osu.edu/fin/finance.html
                                                                          Majors: fisher.osu.edu/career/ungrad/explore.htm
Fisher College of Business: fisher.osu.edu
                                                                          Rankings: fisher.osu.edu/news/about/rankings.htm
Ohio State: www.osu.edu
Curriculum Sample                                        Co-Curricular Opportunities
This is a sample list of classes a student may take to   There are many opportunities for students in the Fisher College of Business to
pursue a degree in Finance. Since university students    enrich and broaden their academic experience. Though internship and co-ops
need more than specific education in a narrow field,     are not required for business students, 82% of students have some kind of
they also will take classes to complete the General      internship experience before they graduate. Many students receive an offer of
Education Curriculum (GEC). The GEC will allow           full-time employment from their internship employer.
students to develop the fundamental skills essential
to collegiate success across major programs. Course      In addition students are encouraged to explore other opportunities such as
work options satisfying the GEC often come from a        studying abroad. In coordination with the Fisher College of Business, the Office
variety of academic areas of study allowing students     of International Education offers several undergraduate exchanges for students
to tailor their GEC toward their interests. Note: This   wishing to study abroad in countries throughout the world.
sample represents one of several possible paths to a
degree in Finance. Consult the departmental web site,    Students interested in the area of Finance may wish to participate in the
fisher.osu.edu/fin/finance.html, for details on each     Undergraduate Finance Association (UFA) whose mission is to provide finance
specific track.                                          majors with professional, social, and educational opportunities in the area of
                                                         finance.
Freshman Year:
College Algebra                                   4
                                                         Honors & Scholars Programs
Calculus                                          9
                                                         Fisher College of Business honors students can enrich their academic
Principles of Economics                           5
                                                         experience by participating in the Mitte Honors Program, which includes the
Business Survey                                   1
                                                         Accounting Honors Programs, the Business Administration Honors Cohort
Computer Problem Solving                          5
                                                         Program, and the Business Administration Honors Contract Program. Honors
English Composition                               5
                                                         students who are selected for these programs and who successfully complete
GEC (history sequence)                           10
GEC (social sciences)                             5      the program requirements will graduate with honors.
Total hours                                      44
                                                         The Accounting Honors program consists of a sequence of accounting courses
Sophomore Year:                                          that students complete, beginning in their sophomore year and continuing into
Principles of Accounting                         10      the senior year. The Honors Business Administration Cohort Program consists of
Principles of Economics                           5      a set of sequenced business honors courses that students follow in a lockstep
Elements of Statistics                            9      manner beginning in the junior year. The Honors Contract Program consists
Decision Theory                                   4
                                                         of an enriched academic plan that is designed by the student and detailed in
GEC (arts and humanities)                         5
                                                         an honors contract. Honors students with strong research interests have the
GEC (natural sciences)                           10
                                                         opportunity to pursue the Degree with Distinction, a program of research during
GEC (second writing course)                       5
                                                         the senior year culminating in a thesis and oral defense.
Total hours                                      48
                                                         Career Prospects in Finance
Junior Year:
                                                         Career opportunities for finance majors parallel the study and practice of
Business Skills and Environment                   4
                                                         finance. Virtually all businesses, whether large or small, need help analyzing
Financial Accounting I and II                     6
                                                         their financial needs and opportunities. Specific career opportunities include
Introduction to International Business            4
Legal Environment of Business                     4      financial management in manufacturing and distributing firms, commercial
Principles of Finance                             4      bank management, savings and loan management, stock brokerage, insurance,
Principles of Marketing                           4      security analysis, and trust management. Some jobs require special training
Organizational Behavior                           5      and licensing such as stock brokers, certified financial analyst (CFA) or certified
Operations Management                             4      financial planner (CFP). A few jobs will require graduate school work such as an
Economics Money and Banking                       5      MBA although most require the bachelor’s degree as essential for entry level
Corporate Finance                                 4      work.
GEC (natural sciences)                           10
Total hours                                      54
                                                         Beginning salaries for finance graduates in 2005-2006 averaged $45,425 or
                                                         above depending on the candidate’s skills; previous work experience gained
Senior Year:
                                                         from part-time, co-op, and/or internship assignments; and type of employment.
Investment Management                             4
Management of Financial Institutions              4
Finance options                                   8
Seminar in Business Policy                        4
GEC (arts and humanities)                        10
GEC (contemporary world)                          5
Electives                                        15                                                                      Revised July 2006
Total hours                                      50
                                                         Contact information:
                                                         Undergraduate Programs in Business Administration
                                                         Max M. Fisher College of Business | Schoenbaum Hall
                                                         210 West Woodruff Avenue | Columbus, Ohio 43210-1144
                                                         (614) 292-2715 | fisher.osu.edu

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finance

  • 1. Fisher College of Business Finance T he finance major is designed to prepare students for the Acceptance in the student’s major area of interest within the increasingly important area of financial management in College of Business is competitive on a space available basis. [] all types of businesses, firms, and financial institutions. The More information may be found at fisher.osu.edu. financial officer has responsibility for activities such as raising and allocating funds, cost analysis, forecasting and budgeting, investment management, and formulating financial and credit The Fisher College of Business operating policies. undergraduate Finance program was recently ranked 10th in the nation according Students studying the field of finance take course work in to US News and World Reports 2007. corporate finance in which they study the effects of projects and financial policy on stockholder wealth. They study capital Members of the department have received budgeting, project cost of capital, dividend policy, debt policy, numerous teaching awards and have leasing policy, and option pricing. Different types of investments innovated with experiential learning and their relative merits, the role of financial institutions including with courses like the Student Investment the study of asset and liability management in commercial banks Management Program which manages over and saving institutions are examined. Students have choices $9 million in University funds and offers trips of additional topics in investment analysis including portfolio for students to major financial centers. management, the stock market, and opportunities and problems in international finance. Ohio State was home to the Journal of Finance for twelve years, an outlet for high Pursuing Finance at Ohio State impact research in finance. Students interested in finance as a major should have a good high school background in mathematics and written and oral communication. Experience with computers is helpful. Finance Requirements Students who come to Ohio State to study business will be • Principles courses include: directly enrolled as pre-business students in the Fisher College Accounting Principles of Business if they meet one of the following criteria: a minimum Economics Principles ACT composite score of 25, SAT combined Critical Reading and Statistics Math scores of 1150, or a rank in the top 20% of their high school class. As a pre-major, students will enter the pre-major advising • Core courses include: program within the Fisher College of Business. Those students Business Skills and Environment not eligible to directly enroll in business may enroll in the Legal Environment of Business Management and Industry Exploration Program. To learn more, International Business visit exploration.osu.edu. Intermediate Accounting Finance Acceptance into the major and degree candidacy within the Management Sciences college is by application. Students may apply to a major program Management and Human Resources after completing a specified set of courses. Admission of students Marketing with an overall cumulative point-hour ratio (CPHR) of 3.00 or Economics above is guaranteed. College academic counselors can provide Senior Seminar in Business Policy CPHR information for the most recently admitted class. • Required major courses include: New freshmen with high ACT or SAT test scores and a high Corporate Finance school rank in the upper 10% or acceptance into the University Investment Management Honors Program may be eligible for direct enrollment into Management of Financial Institutions business majors. Selected Topics in Finance For more information, check these web sites: Career Services: fisher.osu.edu/career Finance: fisher.osu.edu/fin/finance.html Majors: fisher.osu.edu/career/ungrad/explore.htm Fisher College of Business: fisher.osu.edu Rankings: fisher.osu.edu/news/about/rankings.htm Ohio State: www.osu.edu
  • 2. Curriculum Sample Co-Curricular Opportunities This is a sample list of classes a student may take to There are many opportunities for students in the Fisher College of Business to pursue a degree in Finance. Since university students enrich and broaden their academic experience. Though internship and co-ops need more than specific education in a narrow field, are not required for business students, 82% of students have some kind of they also will take classes to complete the General internship experience before they graduate. Many students receive an offer of Education Curriculum (GEC). The GEC will allow full-time employment from their internship employer. students to develop the fundamental skills essential to collegiate success across major programs. Course In addition students are encouraged to explore other opportunities such as work options satisfying the GEC often come from a studying abroad. In coordination with the Fisher College of Business, the Office variety of academic areas of study allowing students of International Education offers several undergraduate exchanges for students to tailor their GEC toward their interests. Note: This wishing to study abroad in countries throughout the world. sample represents one of several possible paths to a degree in Finance. Consult the departmental web site, Students interested in the area of Finance may wish to participate in the fisher.osu.edu/fin/finance.html, for details on each Undergraduate Finance Association (UFA) whose mission is to provide finance specific track. majors with professional, social, and educational opportunities in the area of finance. Freshman Year: College Algebra 4 Honors & Scholars Programs Calculus 9 Fisher College of Business honors students can enrich their academic Principles of Economics 5 experience by participating in the Mitte Honors Program, which includes the Business Survey 1 Accounting Honors Programs, the Business Administration Honors Cohort Computer Problem Solving 5 Program, and the Business Administration Honors Contract Program. Honors English Composition 5 students who are selected for these programs and who successfully complete GEC (history sequence) 10 GEC (social sciences) 5 the program requirements will graduate with honors. Total hours 44 The Accounting Honors program consists of a sequence of accounting courses Sophomore Year: that students complete, beginning in their sophomore year and continuing into Principles of Accounting 10 the senior year. The Honors Business Administration Cohort Program consists of Principles of Economics 5 a set of sequenced business honors courses that students follow in a lockstep Elements of Statistics 9 manner beginning in the junior year. The Honors Contract Program consists Decision Theory 4 of an enriched academic plan that is designed by the student and detailed in GEC (arts and humanities) 5 an honors contract. Honors students with strong research interests have the GEC (natural sciences) 10 opportunity to pursue the Degree with Distinction, a program of research during GEC (second writing course) 5 the senior year culminating in a thesis and oral defense. Total hours 48 Career Prospects in Finance Junior Year: Career opportunities for finance majors parallel the study and practice of Business Skills and Environment 4 finance. Virtually all businesses, whether large or small, need help analyzing Financial Accounting I and II 6 their financial needs and opportunities. Specific career opportunities include Introduction to International Business 4 Legal Environment of Business 4 financial management in manufacturing and distributing firms, commercial Principles of Finance 4 bank management, savings and loan management, stock brokerage, insurance, Principles of Marketing 4 security analysis, and trust management. Some jobs require special training Organizational Behavior 5 and licensing such as stock brokers, certified financial analyst (CFA) or certified Operations Management 4 financial planner (CFP). A few jobs will require graduate school work such as an Economics Money and Banking 5 MBA although most require the bachelor’s degree as essential for entry level Corporate Finance 4 work. GEC (natural sciences) 10 Total hours 54 Beginning salaries for finance graduates in 2005-2006 averaged $45,425 or above depending on the candidate’s skills; previous work experience gained Senior Year: from part-time, co-op, and/or internship assignments; and type of employment. Investment Management 4 Management of Financial Institutions 4 Finance options 8 Seminar in Business Policy 4 GEC (arts and humanities) 10 GEC (contemporary world) 5 Electives 15 Revised July 2006 Total hours 50 Contact information: Undergraduate Programs in Business Administration Max M. Fisher College of Business | Schoenbaum Hall 210 West Woodruff Avenue | Columbus, Ohio 43210-1144 (614) 292-2715 | fisher.osu.edu