The Bachelor of Sciences in Finance prepares students with the knowledge and skills to analyze information and data to support effective financial decision-making; apply the fundamentals of finance, planning and budgeting to support businesses; and communicate financial analysis and conclusions in a manner which informs and improves quality of organizational and individual decision-making. Graduates of the program will be prepared for productive careers in a wide range of financial occupations including corporate financial management, financial planning and analysis, financial sales, business lending, credit analysis and management, treasury operations, commercial and investment banking, risk management, insurance sales, underwriting and claims management, securities analysis, investment management, and financial advisory functions.
Learning goals
The program is designed to help students develop skills in financial management and investments. Graduates will be able to analyze and communicate findings on complex financial issues.
Student learning outcomes
Upon completing this program:
- Students will be able to identify and use relevant data to calculate appropriate quantitative measures that help in making informed financial decisions.
- Students will be able to describe and expound on several financial solutions in a structured, organized and deliberate manner with comparisons, anecdotal evidence and descriptive analysis.
- Students will be able to express the analytic, quantitative and ethical dimensions of a business problem and proposed solutions in a clear, well-organized manner that is free of bias or distortions.
- Students will be able to identify and analyze ethical dimensions of a business situation and relate those dimensions to general and professional ethical standards.
Special requirements
The admission requirements for the School of Business detail the deadlines and other requirements for students to be admitted to one of these major programs of study. The following courses must be completed before the student may declare a specific business major: ACCT 203, ACCT 204, BUSN 201 or BUSN 205, BUSN 212 or MATH 200, BUSN 225, ECON 210, ECON 211, UNIV 111, UNIV 112 and UNIV 200.
The School of Business has special academic policies, including policies on transfer credits, that apply to all undergraduate degrees.
All baccalaureate degree programs in the School of Business require successful completion of the business knowledge exam as administered in BUSN 499.
Students may need to take additional mathematics courses as prerequisites to BUSN 212 or MATH 200. These credits will count as open electives in the degree program.
No more than six credits from the BUSN 16X Digital Literacy courses may be applied to the degree.
INTL 493 may not be counted toward a business degree.
Credit for SPCH 121 or SPCH 321 will substitute for BUSN 225, and no more than three credits of these courses may be applied toward a business degree. Students who earned a minimum grade of B in either ECON 203 or ECON 205 at VCU may substitute that credit for ECON 210.
The pass/fail grading policy may not be used for many course requirements. Students should check with their academic adviser before taking the pass/fail grading option.
Students must receive a minimum grade of C in FIRE 317, FIRE 321 and FIRE 461, and they must have a minimum GPA of 2.0 in the remainder of the finance major requirements. The minimum grade of C in FIRE 317, FIRE 321 and FIRE 461 must be obtained after two attempts (a withdrawal counts as an attempt) or the student is asked to change majors.
Degree requirements for Finance, Bachelor of Science (B.S.)
| Course | Title | Hours |
| 30 |
| |
| FIRE 312 | Financial Modeling | 3 |
| FIRE 317 | Investments | 3 |
| FIRE 321 | Intermediate Financial Management | 3 |
| |
| FIRE 461 | Cases in Financial Management | 3 |
| |
| 6 |
| Security Analysis and Portfolio Management | |
| Funds Management in Financial Institutions | |
| Options, Futures and Swaps | |
| 1 | 12 |
| |
ACCT 203
& ACCT 204 | Introduction to Accounting I
and Introduction to Accounting II | 6 |
| BUSN 225 | Winning Presentations | 3 |
| BUSN 301 | Career and Professional Development | 1 |
| BUSN 323 | Legal Environment of Business | 3 |
| BUSN 499 | Business Knowledge Exam | 0 |
| ECON 210 | Principles of Microeconomics (satisfies general education BOK for social/behavioral sciences and/or AOI for global perspectives) | 3 |
| ECON 211 | Principles of Macroeconomics | 3 |
| FIRE 311 | Financial Management | 3 |
| INFO 360 | Business Information Systems | 3 |
| MGMT 303 | Creativity and Ideation | 3 |
| MGMT 310 | Managing People in Organizations | 3 |
| MGMT 434 | Strategic Management | 3 |
| MKTG 301 | Marketing Principles | 3 |
| SCMA 301 | Business Statistics I | 3 |
| SCMA 320 | Production/Operations Management | 3 |
| |
| BUSN 201 | Foundations of Business 2 | 3 |
| or BUSN 205 | Introduction to the World of Business |
| BUSN 212 | Business Problem Solving and Analysis (either satisfies general education quantitative foundations) | 4 |
| or MATH 200 | Calculus with Analytic Geometry I |
| 3 | 16 |
| Total Hours | 120 |
The minimum number of credit hours required for this degree is 120.
Approved finance electives
| Freshman year |
|---|
| Fall semester | Hours |
|---|
| MATH 151 | Precalculus Mathematics () | 4 |
UNIV 111  Play course video for Focused Inquiry I | Focused Inquiry I () | 3 |
| 3 |
| 3 |
| 3 |
| | Term Hours: | 16 |
| Spring semester | |
|---|
| BUSN 225 | Winning Presentations | 3 |
MATH 200
| Calculus with Analytic Geometry I ()
or Business Problem Solving and Analysis | 4 |
| UNIV 112 Play course video for Focused Inquiry II | Focused Inquiry II () | 3 |
| 3 |
| 3 |
| | Term Hours: | 16 |
| Sophomore year |
|---|
| Fall semester | |
|---|
| ACCT 203 | Introduction to Accounting I | 3 |
BUSN 201
| Foundations of Business 1
or Introduction to the World of Business 1 | 3 |
| ECON 210 | Principles of Microeconomics () | 3 |
| UNIV 200 | Advanced Focused Inquiry: Literacies, Research and Communication () | 3 |
| 3 |
| | Term Hours: | 15 |
| Spring semester | |
|---|
| ACCT 204 | Introduction to Accounting II | 3 |
| BUSN 301 | Career and Professional Development | 1 |
| ECON 211 | Principles of Macroeconomics | 3 |
| MKTG 301 | Marketing Principles | 3 |
| SCMA 301 | Business Statistics I | 3 |
| 3 |
| | Term Hours: | 16 |
| Junior year |
|---|
| Fall semester | |
|---|
| FIRE 311 | Financial Management | 3 |
| MGMT 310 | Managing People in Organizations | 3 |
| SCMA 320 | Production/Operations Management | 3 |
| 6 |
| | Term Hours: | 15 |
| Spring semester | |
|---|
| FIRE 312 | Financial Modeling | 3 |
| FIRE 317 | Investments | 3 |
| MGMT 303 | Creativity and Ideation | 3 |
| 6 |
| | Term Hours: | 15 |
| Senior year |
|---|
| Fall semester | |
|---|
| BUSN 323 | Legal Environment of Business | 3 |
| FIRE 321 | Intermediate Financial Management | 3 |
| INFO 360 | Business Information Systems | 3 |
| 3 |
| 3 |
| | Term Hours: | 15 |
| Spring semester | |
|---|
| BUSN 499 | Business Knowledge Exam | 0 |
| FIRE 461 | Cases in Financial Management | 3 |
| MGMT 434 | Strategic Management | 3 |
| 3 |
| 3 |
| | Term Hours: | 12 |
| | Total Hours: | 120 |
The minimum number of credit hours required for this degree is 120.
Accelerated B.S. and M.S.
The accelerated B.S. and M.S. program allows qualified students to earn both the B.S. in Finance and M.S. in Business with a concentration in finance in a minimum of five years by completing approved graduate courses during the senior year of their undergraduate program. Students in the program may count up to 12 hours of graduate courses toward both the B.S. and M.S. degrees. Thus, the two degrees may be earned with a minimum of 138 credits rather than the 150 credits necessary if the two degrees are pursued separately.
Students holding these degrees would have a more in-depth understanding of the complex world of finance. The analytical and communication skills gained through these accelerated degrees will make graduates more marketable for the jobs in the corporate finance and investment management industry.
Entrance to the accelerated program
Interested undergraduate students should consult with their adviser as early as possible to receive specific information about the accelerated program, determine academic eligibility and submit (no later than two semesters prior to graduating with a baccalaureate degree, that is, before the end of the spring semester of their junior year) an Accelerated Program Declaration Form to be approved by the graduate program director. Limited spaces may be available in the accelerated program. Academically qualified students may not receive approval if capacity has been reached.
Minimum qualifications for entrance to this accelerated program include completion of 85 undergraduate credit hours including FIRE 311, FIRE 312 and FIRE 317 ; an overall GPA of 3.25; and a GPA of 3.25 in finance and quantitative course work. Students who are interested in the accelerated program should consult with the faculty adviser to the master’s program before they have completed 85 credits. Successful applicants would enter the program in the fall semester of their senior year.
Once enrolled in the accelerated program, students must meet the standards of performance applicable to graduate students as described in the “Satisfactory academic progress” section of the Graduate Bulletin, including maintaining a 3.0 GPA. Guidance to students admitted to the accelerated program is provided by both the undergraduate finance adviser and the faculty adviser to the graduate program.
Admission to the graduate program
Entrance to the accelerated program enables the student to take the approved shared courses that will apply to the undergraduate and graduate degrees. However, entry into an accelerated program via an approved Accelerated Program Declaration Form does not constitute application or admission into the graduate program. Admission to the graduate program requires a separate step that occurs through a formal application to the master’s program, which is submitted through Graduate Admissions no later than a semester prior to graduation with the baccalaureate degree, that is, before the end of the fall semester of the senior year. In order to continue pursuing the master’s degree after the baccalaureate degree is conferred, accelerated students must follow the admission to graduate study requirements outlined in the VCU Bulletin.
Degree requirements
The Bachelor of Science in Finance degree will be awarded upon completion of a minimum of 120 of credits in the undergraduate program and the satisfactory completion of all undergraduate degree requirements as stated in the Undergraduate Bulletin.
A maximum of 12 graduate credits may be taken prior to completion of the baccalaureate degree. These graduate credits substitute for required finance course, required finance restricted elective, approved finance elective or an open elective for the undergraduate degree. These courses are shared credits with the graduate program, meaning that they will be applied to both undergraduate and graduate degree requirements.
Students must receive a minimum grade of C in FIRE 317, FIRE 321 (or FIRE 623) and FIRE 461. The minimum grade of C in FIRE 317, FIRE 321 (or FIRE 623) and FIRE 461 must be obtained after two attempts (a withdrawal counts as an attempt) or the student is asked to change majors.
The graduate finance courses that may be taken as an undergraduate, once a student is admitted to the program, are:
| Course | Title | Hours |
| FIRE 540 | Financial Analytics | 3 |
| or FIRE 650 | Derivatives |
| FIRE 610 | Financial Modeling and Analysis | 3 |
| FIRE 622 | Financial Intermediation and Analysis of Fixed-income Securities | 3 |
| FIRE 623 | Financial Management | 3 |
Recommended course sequence/plan of study
What follows is the recommended plan of study for students interested in the accelerated program beginning in the fall of the junior year prior to admission to the accelerated program in the senior year.