Finance 1800x540 Finance 1800x540 Finance_420x560

Finance

Major, Minor

Program Overview

You probably relate: We rarely have as much money as we'd like to meet all our needs. Companies are no different. Our finance majors learn how to help corporations or organizations meet their financial goals. You'll use popular software and simulate real-world scenarios as part of this program — ideal preparation to become an analyst, trader or finance executive.

Program Snapshot

Program Type: Full-Time
Location: On-Campus
Program Length: 4 years
Credit Hours: 24 - 36

Why This Program & What You'll Learn

No business — regardless how innovative it may be — can succeed without money. Finance experts help businesses manage their money, make more and meet ongoing objectives. The subject is so critical that more CEOs have a background in finance than in any other discipline.

CMU's finance major prepares you for careers in corporate finance, investment banking, asset management or commercial banking. Classes cover topics such as accounting, capital markets and financial instruments.

You'll understand the principles of investing and portfolio management by graduation. You'll also be able to:

  • Calculate the value of cash flows and financial assets.
  • Understand the role of financial institutions.
  • Analyze corporate financial statements.
  • Explain capital budgeting.
  • Assess the riskiness of capital structure decisions and how to return funds to investors.
  • Understand the valuation and trading practices for derivatives.
  • Learn how multinational companies manage investment and financing on a global scale.

You can also minor in finance. You'll learn basic topics such as accounting and economics and then choose electives to gain more focus such as personal financial planning, investing and real estate.

Program Highlights

CMU finance students:

  • Have access to 12 Bloomberg terminals — the gold standard for financial data.
  • Manage more than $1 million in assets in two portfolios.
  • Excel at the Bloomberg Aptitude Test. Employers use the exam to assess your analytical reasoning and how well you know investment banking, global markets and more.
  • Network with alumni and employers and participate in intercollegiate investment competitions.
  • Earn scholarships, internships and intensive training through the Michigan Finance Scholars program.
  • Can apply to live and learn in the Business Residential College program as a freshman.
  • Earn a scholarship available to students who are family members of insurance agents of Citizens Insurance Co. or its affiliates.  Other scholarships are also available to finance majors with junior standing.

Careers & Outcomes

Finance majors at CMU are prepared for careers in finance, investments, banking and management.

Career Projected Salary
Operations Supervisor $54,300
Securities/Commodities Trader $70,782
Risk Analyst $77,435
International Tax Analyst $79,881
(alt text goes here)