This page is not intended as a substitute for the catalog. Please consult with your advisor and the catalog.

JMU’s finance major belongs to the selective CFA Institute University Recognition Program. Our rigorous curriculum incorporates a significant portion of the CFA Program Candidate Body of Knowledge, including the Code of Ethics and Standards of Professional Conduct.

One of the many benefits of CFA Recognition is the ability to award scholarships to students to take the CFA Level I exam. Students may apply for these competitive scholarships during their senior year. For more information, contact Professor Pamela Drake.

Students interested in finance may also want to learn about the quantitative finance major.


Major Coursework and Upper B.B.A. Core | Finance Electives | ConcentrationsFinance Major Paths | Software and Technical SkillsAcademic Advisor


Major Coursework and upper B.B.A. Core
  • COB 242 – Managerial Accounting
  • CIS 221 - Principles of Programming*
    Note: Recommended prior to COB 300
  • COB 300A – Integrated Business: Management
  • COB 300B – Integrated Business: Finance*
  • COB 300C – Integrated Business: Operations
  • COB 300D – Integrated Business: Marketing
  • COB 318 – Legal and Ethical Environment of Business  
    Note: COB 318 must be taken before COB 487.
  • COB 487 – Strategic Management 
    Note: Students are strongly encouraged to enroll in FIN 360 during the same semester as COB 300. FIN 360 requires a minimum of a C in COB 242 and COB 291.
  • FIN 360 – Analytical Methods in Finance 
  • FIN 365 – Intermediate Financial Management 
  • FIN 371 – Principles of Investments 
  • FIN 488 – Advanced Financial Policy
  • Four FIN electives

*Students must earn a C or better in COB 300B and FIN 360 to complete upper level courses. 

No more than 9 FIN credits can be taken in any one semester.

Finance Electives
  • FIN 310 
  • FIN/ECON 325 
  • FIN 362 
  • FIN/ECON 372 
  • FIN 378
  • FIN 380 
  • FIN 434 
  • FIN 450 
  • FIN 451 
  • FIN 455
  • FIN 460 
  • FIN 471 
  • FIN 475 
  • FIN 498

Finance electives include any 300-level or 400-level finance course other than FIN 301, FIN 345, FIN 499 and the finance major core courses. A student may choose, at most, one of the following courses to satisfy the finance elective credit hours: ACTG 313, ACTG 343, ACTG 377, BLAW 494, BLAW 496, BLAW 497 and CIS 330.

Concentrations
Financial Analysis*

Many James Madison University finance graduates go on to careers in financial analysis and the need for financial analysts remains strong. The financial analysis concentration helps prepare students for the Chartered Financial Analyst exam and for analysis within the financial management of a firm. 

Required courses:

  • FIN 362 - Financial Analysis (3 credit hours)
  • FIN 378 - Fixed Income Analysis (3 credit hours)
  • FIN 380 - Elemental and Derivative Securities Analysis (3 credit hours)

Choose one of the following: 

  • FIN 475 - Financial Modeling and Risk Analysis (3 credit hours)
  • ACTG 343 - Corporate Financial Reporting  (3 credit hours)

*Concentration requires a minimum of a B in COB 241 and COB 242. Concentration may be declared during the semester that the student is taking COB 300.


Financial Technology and Analytics

The changing landscape of finance requires increased knowledge of technology. The financial technology and analytics concentration will prepare students to be agile in financial information systems and expose them to various analytical and visualization tools.

Required Courses

  • FIN 434 - Fundamentals of Financial Data Science (3 credit hours)
  • FIN 471 - Portfolio Management (3 credit hours)
  • FIN 475 - Financial Modeling and Risk Analysis (3 credit hours)

Choose one of the following: 3 Credit Hours

  • BSAN 393 - Data Mining for Business Analytics (3 credit hours)
  • CIS 304 - Enterprise Architecture (3 credit hours)
  • CIS 330 - Database Design and Application (3 credit hours)
  • CIS 393 - Data Mining for Business Analytics (3 credit hours)

Risk Management

A focus in risk management is designed for finance majors pursuing a more in-depth review of the issues facing organizations and the tools needed to address those uncertainties. In the risk management concentration, students focus on the theory of risk management, risk identification, risk measurement and applications in the form of risk modeling techniques such as Value-at-Risk and Monte Carlo simulations. 

Curriculum in this concentration covers 80 to 85 percent of the curriculum for the Financial Risk Manager (FRM) Part I exam, sponsored by the Global Association of Risk Professionals (GARP).

Required Courses:

  • FIN 380 - Elemental and Derivative Securities Analysis (3 credit hours) 
  • FIN 450 - Financial Risk Management (3 credit hours) 
  • FIN 451 - Risk Management II (3 credit hours) 
  • FIN 475 - Financial Modeling and Risk Analysis (3 credit hours)

Recommended Minors
  • Computer Information Systems
  • Business Analytics
  • Math
  • Statistics  
  • Economic
Finance Major Paths
Path 1
  • Freshman - First Semester: MATH 205, ECON 200, GenEd, GenEd, GenEd
  • Freshman - Second Semester: COB 191, COB 204, ECON 201, GenEd, GenEd
  • Sophomore - First Semester: COB 202, COB 241, COB 291, GenEd, GenEd
  • Sophomore - Second Semester: COB 300A, COB 300B, COB 300C, COB 300D, COB 242
  • Junior - First Semester: FIN 360, COB 318, Elective, GenEd, GenEd
  • Junior - Second Semester: FIN 365, FIN 371, Elective, Elective, Elective
  • Senior - First Semester: FIN XXX, FIN XXX, GenEd, Elective, Elective
  • Senior - Second Semester: FIN XXX, FIN XXX, COB 487, FIN 488, Elective
Path 2
  • Freshman - First Semester: MATH 205, ECON 200, COB 204, GenEd, GenEd
  • Freshman - Second Semester: COB 191, ECON 201, COB 241, GenEd, GenEd
  • Sophomore - First Semester: COB 202, COB 241, COB 291, GenEd, GenEd
  • Sophomore - Second Semester: COB 300A, COB 300B, COB 300C, COB 300D, FIN 360
  • Junior - First Semester: FIN 365, FIN 371, COB 318, GenEd, Elective
  • Junior - Second Semester: FIN XXX, FIN XXX, GenEd, GenEd, Elective
  • Senior - First Semester: FIN XXX, FIN XXX, COB 487, GenEd, Elective
  • Senior - Second Semester: FIN 488, Elective, Elective, Elective
Path 3
  • Freshman - First Semester: MATH 205, ECON 200, GenEd, GenEd, GenEd
  • Freshman - Second Semester: COB 191, COB 204, ECON 201, GenEd, GenEd
  • Sophomore - First Semester: COB 202, COB 241, GenEd, GenEd, GenEd
  • Sophomore - Second Semester: COB 242, COB 291, GenEd, Elective, Elective
  • Junior - First Semester: COB 300A, COB 300B, COB 300C, COB 300D, FIN 360
  • Junior - Second Semester: FIN 365, FIN 371, FIN 318, GenEd, Elective
  • Senior - First Semester: FIN XXX, FIN XXX, Elective, Elective, Elective
  • Senior - Second Semester: FIN XXX, FIN XXX, COB 487, FIN 488, Elective

Catalog Course descriptions

Software and Technical Skills
  • Bloomberg 
  • Excel 
  • Statistics (SAS) 
  • Finance Databases such as CRSP and Compustat
Academic Advisors

Doreen Liccione
(540) 568-2785
licciodl@jmu.edu 

 

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