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Finance: Undergraduate Programs


The four year undergraduate degree in finance is designed to prepare students for careers as financial analysts in large or small corporations, financial institutions, investment firms, financial services, insurance or real estate.

The upper division course requirements for the undergraduate Finance major include a minimum of 17 finance units, three accounting units and 24 other professional core units.

Required Courses – Quantitative Financial Management and Discussion Lab, Intermediate Financial Accounting, Corporate Financial Problems, Investments and Senior Capstone (FIN360 & 360L; ACCT400C; FIN412, 421, 498)

Major Electives - A minimum of three courses from available electives, including financial modeling, international finance, derivatives, applied portfolio management, intermediaries, real estate finance and finance for new ventures (FIN413, 414, 422, 423A/B, 431, 460 and 480)

Professional Core Courses - ECON 300, 330; ENTR 485; MGMT 310A, 402; MIS 304, 373; MKTG 361; BNAD 314R


Expected Learning Outcomes: 

Assessment Process:

The Finance Department is currently using the Eller College of Management approved Undergraduate Curriculum Program Learning Objectives & Measurements for assessment of the undergraduate Finance major.

In addition, the Finance Department regularly gathers input from recruiters, students and alumni and discusses findings with the Finance Department Advisory Council (at least) annually. The Finance Department representatives and Advisory Council jointly analyze data and set priorities for the coming year and for the next three years.

Currently, the department analyzes student performance in FIN360L, FIN412, FIN421 and FIN498. An outside committee also provides input on student performance in the Applied Portfolio class (FIN423 / FIN523). Findings are presented to the Advisory Board annually.


Critical Thinking - The student can:
• Identify a problem and the information needed to develop alternative solutions.
• Evaluate alternative solutions to a problem, recommend an optimal solution, and evaluate the efficacy of the solution after it has been implemented.
• Use mathematical models and perform statistical data analysis in support of business decision-making using appropriate software.
• Articulate both sides of an argument, evaluate the quality of arguments and evidence, and constructs and defends the position taken.

Communication - The student can:
• Write appropriately for a given audience with conciseness and clarity using appropriate business software.
• Prepare and deliver a professional presentation on a business topic using appropriate business software.
• Effectively utilize data in written and oral presentations to communicate ideas.

Collaboration – The student can:
• Provide and receive feedback, ideas, and instruction in a professional manner.
• Organize tasks and delegate responsibility to complete collaborative projects in a timely manner.
• Explain the impact of each team member (including self) on the collaborative project and the role each member plays.
• Effectively work with a diverse, cross-functional team towards a common goal.

Business Knowledge – The student can:
• Use the fundamentals and principles of finance in business decision making.

Technology – The student can:
• Describe the appropriate use of information systems in a business environment.
• Utilize technology appropriately in research contexts.

Ethics/Social Responsibility – The student can:
• Identify ethical dilemmas and develop appropriate courses of action that consider the well-being of others and society.
• Evaluate the role of legal and social responsibility in business decisions.
• Engage in public service and professional development activities.

Career and Placement – The student will:
• Leverage skills and experiences for career success.


Skills in Finance - The student can:
• Explain and apply key tools in finance.
• Explain and apply key corporate finance concepts and techniques.
• Explain and apply key investment concepts and techniques.
• Explain and apply key markets and institutions concepts and techniques.

Oral and Written Communication in Finance - The student can:
• Express financial information and concepts clearly and concisely when speaking and writing.
• Integrate financial information and analysis into a written report in a well-organized and easy to understand manner.


Assessment Activities: 

The Finance Department faculty met in November, 2011 to revise and update the learning outcomes for finance major undergraduate students and to refine the points of measurement of learning outcomes. The new measurements were implemented starting in Spring 2012. Note that measurement of College-wide learning outcomes is available on the Eller College section of the UA Assessment website at

Specifically, the measurements of oral and written communication skills were implemented through assessment of the group project completed by second semester juniors in the core courses (FIN412 and FIN421) using the attached rubrics.

Measurement of skills in finance were implemented through a post-measure of key skills during the last semester senior capstone course (FIN498). Specifically, following completion of the required courses in the undergraduate finance major, our students should be able to exhibit competence in the areas outlined in the attached document. Testing in FIN498, Senior Capstone is used to measure graduating seniors’ competence in these areas. Results of the testing can be used to guide remediation in FIN498 and to inform those responsible for curriculum design of systematic program weaknesses.

Effective with Fall 2013, assessment measurement of the skills in finance were added to the Quantitative Financial Management Discussion Lab (FIN360L) to allow tracking of students skills from the first semester of the major to the capstone in the final semester of the major. Additionally, indirect measures of learning objectives achievement were added to the FIN498 senior capstone assessment process through an exit survey.

Results of the assessment activities and measurements are included in the Finance Undergraduate Assessment Results document attached below. The faculty met April 2017 to evaluate the assessment results to date.

Following that meeting, the faculty implemented a pre-assessment test in Quantitative Financial Management Discussion Lab (FIN360L) starting in Fall 2017. This pre-assessment test will be similar to the material covered at the end of the program in FIN498, Senior Capstone. This will allow faculty to measure what material is being covered effectively in the program and both if and where changes may be needed.


Assessment Findings: 

Because the department recently started formal assessment of the undergraduate program, no changes have been made to the program. Moreover, because the samples are relatively small, additional data will be gathered (e.g., there are different core Corporate Finance/Investments instructors in the fall and spring) before making any systematic changes.


Change in Response to Findings: 

Faculty have refined the content and delivery approach for the core courses in the BSBA-Finance major over the last 10 years. Following a year of measurement through the pre-assessment test in FIN 360L, faculty will meet to see if and where other changes or refinements might be needed.


Updated date: Thu, 01/11/2018 - 11:01