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Program of Finance and Business Law
Learn more about the College of Business.
Dr. Alfred J. Francfort, Director
The Program of Finance and Business Law strives to prepare students for decision-making roles in an increasingly technological and global environment.
To support its mission, the Program of Finance and Business Law is committed to the following
The finance major is designed to prepare students for careers in the financial management of industrial and commercial enterprises; commercial, retail and mortgage banking; investment analysis and portfolio management; real estate; insurance; finance positions in federal, state and local governments and graduate study.
Working Capital Management
Corporate Real Estate, Insurance and Miscellaneous
Banking and Financial Institutions
The Program of Finance and Business Law offers programs leading to the Bachelor of Business Administration degree in finance and the B.S. degree in quantitative finance. As part of the JMU assessment program, graduating seniors are required to participate in assessment activities. Assessment information is used to assist the College of Business faculty in modifying curricula.
Bachelor of Business Administration in Finance
The B.B.A. degree in finance requires a minimum of 120 credit hours of undergraduate course work. Fifty percent of this work or 60 credit hours, must be taken outside of the College of Business. In counting the 60 credit hours of non-business courses, students may include all hours taken in General Education (usually 41-44), up to a total of nine hours in economics (GECON courses must be counted as economics) and three hours of COB 191, Business and Economic Statistics. The remaining hours, to bring the total to 60, must be taken from any department outside the College of Business. Students should carefully select these non-business electives to help them gain additional knowledge and expertise for their careers and personal lives. Required major courses provide all finance majors with an emphasis in financial management. Electives within the major permit students to obtain an additional emphasis. The finance major conforms to the general structure of the B.B.A. degree programs set forth on Page 160. The credit-hour requirements for each of the program components are as follows.
1 Up to seven hours of core requirements in economics
and calculus may also be taken for General Education credit. Students
who take the General Education packages and courses recommended by the
College of Business will have only 38 credit hours of additional B.B.A.
FIN 360. Money and Capital Markets
Recommended Schedule for Majors
First Two Years
Students planning to major in finance must complete the 29- to 30-hour, lower-division B.B.A. core curriculum set forth on Page 160 prior to enrolling in upper-division core courses, normally taken in the first semester of the junior year. It is expected that the lower-division core curriculum will be completed during the first two years of study along with all, or most, of the university General Education curriculum. Failing to complete all lower-division core requirements on time will delay enrollment in upper-division core and major courses until at least the second semester of the junior year.
Third and Fourth Years
Finance majors will follow the course schedule below to complete the final two years of their program. It is possible to deviate from this program, but care must be taken to ensure that all course prerequisites are met.
1 Finance major requirement.
The B.S. degree in quantitative finance is designed to prepare students
for careers in financial engineering, structured finance, financial
modeling, securitization, actuarial science, financial analysis and
portfolio management. The focus of this program is on problem solving
in the quantitative areas of finance with an added emphasis on the application
of complex securities to a variety of financial situations.
1 The General Education program contains a set of requirements
each student must fulfill. The number of credit hours necessary to fulfill
these requirements may vary.
COB 241. Financial Accounting
FIN 345. Financial Management
Choose two of the following:
FIN/MATH 328. Time Series Analysis
MATH 236. Calculus II
GECON 200. Introduction to Macroeconomics
In general, all finance course work must be completed at JMU. Transfer credit for finance courses is awarded only in certain circumstances. In no case will transfer credit be awarded for more than two finance courses, and in no case will transfer credit be awarded for FIN 488, Advanced Financial Policy. Contact the program director for more information on transfer credit.