Bulletin Year: 2011 - 2012 Undergraduate Bulletin | View the current NMU Catalog. | View this program in the current bulletin.

The finance and risk management major provides students with basic competency in the functional areas of finance and risk management. The program provides students with an educational foundation that is needed to prepare for professional exams and national licenses in financial analysis, insurance, banking, risk management and other financial areas. This major combines the applications of analytical skills to the problems facing financial managers, financial institutions, individual investors while developing an understanding of the risks and rewards of the world’s financial markets. This program leads to careers in business, deposit and commercial banking, investment banking, securities markets, insurance, risk management, financial planning and entrepreneurship.

For department information or additional degree requirements, go to the Business (College of Business) department page.

For related information from the Bureau of Labor Statistics, http://www.bls.gov/oco/ocos010.htm

Total Credits Required 128
Liberal Studies
30-40
Health Promotion Requirements 2
Business Core32
ACT 230 Principles of Accounting I 4
ACT 240 Principles of Accounting II 4
FIN 351 Financial Management I 4
MGT 221 Business Law I: Legal Environment of Business 4
MGT 240 Organizational Behavior and Management 4
MGT 325 Operations Management 4
MGT 344 Managerial Communication 4
MKT 230 Introduction to Marketing 4
Finance Core16
CIS 112 Microsoft Applications for Business Students 2
CIS 212 Computer Assisted Problem Solving for Business 2
FIN 352 Financial Management II 4
FIN 462 Investment Analysis 4
FIN 490 Financial Strategies and Applications 4
Concentration (Choose 1)16
Corporate Finance and Investments16
FIN 354 Money and Capital Markets 4
ACT/FIN Electives 300 Level or Higher* 12
Risk Management and Insurance16
FIN 301 Introduction to Risk Management 4
FIN 324 Personal Insurance and Financial Planning 4
FIN 375 Commercial Insurance 4
FIN 433 Insurance Operations 4
Personal Financial Planning16
ACT 321 Federal Income Taxation 4
FIN 324 Personal Insurance and Financial Planning 4
FIN 450 Estate Planning 4
FIN 460 Employee Benefits and Retirement Planning 4
Other Required Courses24
EC 201 Microeconomic Principles 4
EC 202 Macroeconomic Principles 4
MA 103 Finite Mathematics [Div II] 4
MA 171 Introduction to Probability and Statistics [Div V] 4
PY 100G Psychology as a Social Science [Div II] or4
     PY 100H Honors Psychology as a Natural Science (4 cr.) [Div II] or
     PY 100L Psychology as a Natural Science with Laboratory (4 cr.) [Div II] or
     PY 100S Psychology as a Natural Science (4 cr.) [Div II]
SO 101 Introductory Sociology [Div II] or4
     SO 113 Social Problems (4 cr.) [Div II]
Electives 10
    Must be outside the College of Business

*Courses will be chosen with the consent of the adviser.

This major does not require a minor.


Bulletin Year: 2011 - 2012 Undergraduate Bulletin | View the current NMU Catalog.