Welcome to all Newly Admitted Students
Please make sure you watch this short video from Colby Wright (Program Director).
General Application Questions
What is the most important part of the application?
Everything factors in—do not take any of the application requirements lightly. The admissions committee looks at the BYU GPA, prerequisite GPA, academic record, résumé, and essay when considering students for admission. For more information on application requirements, click here.
What does rolling admissions mean?
Applicants will be evaluated every other month. All applicants will be able to see their admission decision on the application website by the notification date listed on the application.
What do you like to see in an admissions essay?
Should I retake a class in order to get a higher GPA?
What are the benefits of applying to the program as a freshman?
Can the finance elective courses be taken concurrently with the junior core?
The first semester of the finance junior core must be completed before students can complete any electives.
I am a previous finance emphasis student. Can I continue with the finance emphasis if I haven't already taken the finance core?
No. You must apply to the finance major if you would like to be a finance student.
Can I double major in finance and accounting?
No. BYU Marriott does not allow double-majors within school; double-majors outside BYU Marriott are not encouraged, but will be evaluated on an individual basis.
Do you recommend taking any courses before FIN 201?
Yes, we recommend taking ECON 110, MATH 116, and MATH 118 (or equivalents) before FIN 201 if possible because you will use some of those calculus and economics skills in FIN 201. However, they are not official prerequisites for FIN 201.
How does the new finance major differ from the old finance emphasis?
The new finance major has a two-semester junior core instead of a one-semester junior core. The new finance major also focuses more on statistics, accounting, business writing, and Excel modeling.
How does finance differ from accounting?
Accounting traditionally constructs and audits financial statements, recording and validating the financial history of the firm. Accounting primarily deals with financial accounting, managerial accounting, and tax accounting. Finance encompasses corporate finance, financial institutions, and investments. Corporate finance is similar to managerial accounting, but is more progressive, using the statements prepared by accountants to make investment and financing decisions to increase firm value. Financial institutions involve investment banking and real estate, and financial investments cover asset management and portfolio management.
How many students are accepted into the finance major each year?
As many as 175 are admitted each year.
How do I check AP course scores for equivalency to BYU courses? Do the accepted scores change each year?
Look on your BYU transcript. If it shows the AP credit as being equivalent to a BYU course, it is equivalent to that course. Otherwise, it is not considered equivalent for the year in question.
The application gives me the option to enter two separate grades for economics; what if I have only taken one economics class (e.g. ECON 110)?
Sometimes (for transfer or AP credits) courses differentiate between macro- and micro-economics; ECON 110 covers both. Simply enter the applicable grade for the appropriate course (leaving the other one blank if not applicable) and it will be weighted accordingly on your application.
What if I took a prerequisite course via BYU Independent Study?
It is highly recommended that students take their prerequisite courses on campus. However, if there are extenuating circumstances, students can take prerequisite courses via Independent Study. These courses will not be discounted on the application.
What if I retake a prerequisite?
The prerequisite GPA we calculate for admission purposes will reflect the higher of the two grades and then reduce that by a third of a letter grade. For example if you got an A- and a B, it will appear as a B+ when we review your application.
What are the prerequisites to apply?
To view the prerequisites, click here.
Where can I see which of my transfer courses will be accepted by the finance program?
What if I took a prerequisite course at another university?
The grade will be discounted by a third of a grade. For example if you got an A- at another university, it will appear as a B+ when we review your application.
If a transfer course was listed as equivalent by BYU Marriott but in a different year than when I took the course (and nothing is listed for the year I took it), does it still count?
If I have taken an equivalent transfer course that does not show up on my transcript, what do I do? Should I still list it on my application?
First obtain an official transcript from your transfer school and see that it is sent to the BYU Registrar. Once this transcript has been received, it should show up on your BYU transcript. Make sure the transfer courses show as being equivalent to the appropriate BYU courses. Once it is listed as equivalent on your transcript or progress report, you may then list it on your application.
What is the difference between a policy petition form and a progress report discrepancy form?
A policy petition form is used to determine transfer equivalencies not listed online or those within BYU. This form will be used only if the transfer course is not listed online or on your transcript. A progress report discrepancy form is used to reconcile anything missing from the progress report; use this when something is listed online but not on your transcript. To access these and other forms, click on the Forms option in your student tools.
For what reasons can I defer my admission to the finance program?
If for any reason (mission, study abroad, internship, etc.) you must interrupt your continuous registration, you MUST complete a deferment request to be reviewed by the director of BYU Marriott undergraduate programs. No deferments, except for the purpose of a mission or active-duty military service, will be allowed for the student’s first semester in the program or between the consecutive fall and winter semesters of the junior core.
If I am accepted to the finance program and then defer my admission right away, what happens when I return and am ready to start the program?
You may begin the program during the next fall semester. You must contact the finance program office in 610 TNRB before you may register for the appropriate classes and start the program.
I submitted my order but have not received my registration email yet. When should I receive it?
Orders are processed during standard business hours and take approximately an hour. If you submit it over a weekend, it may take more than an hour on the first returning business day for your order to be processed.
Are the boot camps required?
Yes. Students must complete the boot camps and earn a 75 percent or higher on the final exams in order to be eligible to start the finance core in the fall.
Do the boot camp scores count toward my grade in any of the finance core classes?
No. The boot camp scores do not factor into a student’s grades in the finance core.
Do I need to take all the final exams in each course, or just one?
Students must achieve a 75 percent or higher on one final exam for each boot camp.
Are the final exams open book?
Yes, the final exams are open book and open notes, but closed neighbor.
How many times can I reset a final exam?
Students can reset final exams as many times as necessary. Students should email the course and exam number to email@example.com to have the exam reset. The finance major office only resets exams during normal business hours.
When do the boot camps need to be completed?
The boot camps must be finished prior to the first day of fall semester.
Do I need to email my scores to the finance major office?
No, we will download the scores directly from the provider’s site.
Internships and Careers
What kind of careers does a degree in finance prepare a student for?
Corporate finance students are trained to work in large corporations, such as Dell, Microsoft, or General Electric. Students focusing on institutions typically work in investment banks on Wall Street and elsewhere, such as a company like Goldman Sachs. Other paths such as real estate, pension funds, and insurance funds are also available. Investment students learn to manage portfolios of assets in mutual funds with firms like Fidelity. To see the program’s latest placement profile, click here.
What kind of careers does a degree in finance NOT prepare a student for?
Financial salesperson, real estate agent, and entrepreneurial finance.
How important is an internship between junior and senior year?
Very, very important. A great internship is critical for a subsequent great job placement.
What clubs should a finance major join?
Participation in BYU Marriott student organizations is a must for students who want to increase their knowledge and network outside the classroom. Finance Society is the flagship student-led organization for students interested in finance-oriented careers. Students should actively participate in at least one of the clubs as these organizations are essential in preparing students for internships and jobs.
What graduate preparation training does BYU offer?
BYU Marriott teaches a pre-PhD course for students interested in pursuing a PhD in finance. We recommend students desiring a finance PhD to double major in economics and math and take the pre-PhD course as an elective. Please contact Keith Vorkink, our PhD coordinator, for specific class recommendations.
Other questions about the admissions process or finance program?
First contact the BYU Marriott Undergraduate Advisement Center in 460 TNRB to map out your graduation, verify prerequisite requirements, and ask general questions about the finance program. If you have further questions, contact the finance programs office at 610 TNRB or firstname.lastname@example.org.
Other questions about careers or internships?
Contact the BYU Marriott Business Career Center at 446 TNRB or (801) 422-5800.
What are the laptop requirements?
BYU Marriott laptop requirements can be found here.