What do you like to do: Obtain, analyze, and interpret financial and economic data; calculate, interpret, and utilize quantitative decision metrics; explore competing investment options and decide on asset allocation amongst investment alternatives; forecast company, industry, and macro-economic trends; assess and manage risk; work in teams to make critical decisions.
Definition: Finance is the study of the optimal allocation (procurement, deployment, and distribution) of scarce financial resources. Whoever controls the financial capital within an economy has the power to determine what products or services ultimately come to fruition, and which companies succeed or fail. Finance Majors learn a broad set of analytical, technical, and problem-solving skills, preparing them for one of the broadest career opportunity spectrums, including: commercial banking, consulting, corporate finance, investment banking, mergers & acquisitions advisement, portfolio management (e.g. hedge funds), private equity, private wealth management, real estate, research, securities or commodity trading, venture capital, etc.
To view prerequisites and program requirements, click here.
You will learn:
- Why the financial system is essential to innovation and productivity
- How firms obtain the capital necessary to fund operations and innovations
- Tools for making probabilistic forecasts of the outcomes of various possible decisions
- Quantitative metrics used to make critical decisions regarding potential investments
- Methods for assessing and mitigating risk
Other things to do:
- Complete an on-campus and/or a company internship
- Join the Finance Society and participate in one of the six sub-clubs (Consulting, Corporate Finance, Investment Banking, Markets, Private Banking, Real Estate)
- Participate in a business study abroad program
- Participate in 1–2 NetTreks (Fall/Winter)
- Participate in the Underclassmen Academy (Winter)
For flowchart of classes, click here.
- Commercial Banking
- Corporate Finance
- Investment Banking
- Portfolio Management (e.g., mutual fund manager)
- Private Banking
- Private Equity
- Real Estate
- Research (equity or credit)
- Venture Capital
Sample of Potential Companies:
- Apply, Inc.
- American Express
- Bank of America
- Credit Suisse
- Deloitte & Touche
- Ernst and Young
- Fidelity Investment
- Goldman Sachs
- JP Morgan Chase & Co.
- Morgan Stanley
- Target Co.
- Wells Fargo
For starting salary information, click here.