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Use financial tools to build business success. Prepare yourself to work in the banking industry and financial services. Or develop your own path to financial success.

You can choose a pre-set course list that is aimed at particular career paths — like Financial Management or Financial Services — or create your own path through the General Finance major. But no matter the path, all lead to the knowledge needed for the relevant professional examinations such as Chartered Financial Analysts (CFA), Certified Financial Management (CFM) and Certified Financial Planning (CFP).

Majoring in Finance will prepare you for success in a variety of careers including capital management, investment management, financial institutions and personal finance.

What Will I Learn?

  • Students will be knowledgeable about the business disciplines.
  • Students will be effective communicators and team members.
  • Students will be competent in the application of technology.
  • Students will be knowledgeable about global business practice and managing a diverse workforce.
  • Students will be knowledgeable about ethical principles and their application.
  • Students will apply critical thinking skills to business situations.

View the full list of program goals on the Hub for Teaching and Learning site.

Finance Major Requirements - 21 Credits

Required Courses

ACC 357 or 358 - Intermediate Financial Accounting II or Financial Reporting
FIN 407 - Investment Fundamentals

Choose Five Courses

(A minimum of four courses must be from BE, FIN, or IB)
ACC 355 - Cost Accounting
ACC 416 - Advanced Financial Accounting I
BE 403 - Business Conditions Analysis
BI 350 - Business Internship*
FIN 402 - Advanced Corporate Finance
FIN 406 - Financial Markets and Institutions
FIN 411 - Financial and Insurance Planning Fundamentals
FIN 412 - Retirement Planning & Employee Benefits
FIN 443 - Commercial Banking
FIN 445 - Corporate Finance Models
FIN 447 - Derivative Markets
FIN 456 - Fixed Income Securities
FIN 457 - Investment Fund Management
FIN 484 - Seminar: Financial Management
FIN 494 - Research: Financial Management (Must obtain instructor approval in advance)
IB 441 - International Financial Management
ISM / ITM 382 - Advanced Computer Applications
MKT 434 - Sales Management and Personal Selling

Finance Major with Financial Management Concentration

The Financial Management concentration prepares students for a career in which they help organizations develop and implement their financial strategy and tactics. Financial managers in corporations, governments, and organizations usually supervise the preparation of financial reports, guide investment activities, and execute cash-management strategies. Potential job positions include controller, treasurer, credit management, cash management,  and risk management.

Required Courses

ACC 357 or 358 - Intermediate Financial Accounting II or Financial Reporting
FIN 402 - Advanced Corporate Finance
FIN 407 - Investment Fundamentals
FIN 445 - Corporate Finance Models
IB 441 - International Financial Management

Choose Two Courses

(A minimum of one course must be from BE or FIN)
ACC 355 - Cost Accounting
ACC 416 - Advanced Financial Accounting I
BE 403 - Business Conditions Analysis
BI 350 - Business Internship*
FIN 445 - Corporate Finance Models
FIN 447 - Derivative Markets
FIN 484 - Seminar: Financial Management
FIN 494 - Research: Financial Management (Must obtain instructor approval in advance)
ISM / ITM 382 - Advanced Computer Applications

Finance Major with Financial Services Concentration

The Financial Services concentration helps prepare students to pursue careers in the banking industry and financial/investment services. These are generally careers that are client based, although your firm’s clients may be individuals, businesses, or institutions. Potential job positions include financial analyst, credit analyst, portfolio management, loan officer, mortgage banker, financial advisor, and financial planner.

Required Courses

ACC 357 or 358 - Intermediate Financial Accounting II or Financial Reporting
FIN 406 - Financial Markets and Institutions
FIN 407 - Investment Fundamentals
FIN 443 - Commercial Banking
FIN 447 - Derivative Markets

Choose Two Courses

(A minimum of one course must be from BE, FIN, or IB)
BE 403 - Business Conditions Analysis
BI 350 - Business Internship*
FIN 402 - Advanced Corporate Finance
FIN 411 - Financial and Insurance Planning Fundamental
FIN 445 - Corporate Finance Models
FIN 456 - Fixed Income Securities
FIN 484 - Seminar: Financial Management
FIN 494 - Research: Financial Management (Must obtain instructor approval in advance)
IB 441 - International Financial Management
ISM / ITM 382 - Advanced Computer Applications
MKT 434 - Sales Management and Personal Selling
*Permission to utilizeBI 350 must be requested bypetition. Only 3-credit hour internships will be considered for approval.

Making the Most of Your Major

There are opportunities to develop skills and connect with others interested in accounting beyond the classroom. Check out the Finance Major Map to get a more detailed, year-by-year view of how you can learn, engage, network and prepare for life after graduation.

Get Involved

Get Real World Experience

Plan for Life After Graduation

  • Many finance majors have pursued careers in corporate finance upon graduation. Other students have chosen the routes of commercial and investment banking, or financial services and planning. The Internship and Career Management Center offers assistance with job searching, resumes, interviews or graduate school applications.
  • Consider adding a financial planning minor or certificate.

General Program Information

Department Contact Information

COB Undergraduate Student Services Office
168 Fairlane Center South
313-593-5460
umd-cobss@umich.edu

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