Finance Program

Fueling Growth Through Finance

Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Finance also encompasses the oversight, creation, and study of money, banking, credit, investments, assets, and liabilities that make up financial systems.

A successful career in finance calls for a unique set of skills; it is ideally suited for an inquisitive and self-possessed person. Finance students will make use of their mathematical aptitude and ability to take an organization’s or client’s goals, resources and options into consideration while making suggestions for their continued financial growth.

Finance students during a group activity at a conference.
SOM faculty teaching a finance class.

Why Earn Your Bachelor of Business Administration in Finance at UM-Flint?

Professional Preparation

UM-Flint’s Bachelor of Business Administration in Finance prepares students for professional positions in corporate finance, banking and financial institutions, investment, and more. The finance curriculum emphasizes developing an understanding of these three areas of finance through courses on forecasting, portfolio theory and security analysis, options and futures markets, accounting, money and banking, management of working capital, and management of financial institutions. Our program prepares students for additional certifications in the finance world such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP).

100% Flexible Online Program Option

The program’s online format accommodates the learning styles and schedules of today’s busy students — whether those students are starting as first-year or taking advantage of transferable credits earned at another institution. The program is also available in a traditional face-to-face format.

Be Involved in Business

  • Financial Management Association: Financial Management Association helps students learn and challenge each other about various aspects of finance such as investment banking, investment trading, investment management, and business finance. This student organization has a stock broker account to practice real-life trade decisions and travels domestically to financial conferences for case competitions. In 2020, Financial Management Association received top three honors for their deliverables of their case focused on the macroeconomic, quantitative, and qualitative analysis of Peloton. 
  • Internships/Career Readiness: An internship provides an opportunity to engage in an activity of experiential learning using the knowledge acquired in the classroom and putting it to practical use within the professional setting. An internship opportunity will provide hands-on experience allowing students to practice activities in their profession, as well as identify future career opportunities. Additionally, the School of Management (SOM) partners with organizations locally, state-wide, and internationally for college internships. Internships may count for  academic credit when participating in a paid internship opportunity.
  • Study Abroad: SOM hosts faculty-led study abroad trips that are three weeks or shorter in the spring/summer semester. You will gain firsthand knowledge about business and culture in a foreign country alongside an experienced professor and a group of peers. Study abroad trips count towards UM-Flint credit and are eligible for financial aid and scholarships.

Expert Faculty

UM-Flint’s Finance faculty bring practical working knowledge into the learning environment and are experienced, tested, and respected global experts in their field. Like all University of Michigan instructors, they have a passion for education and years of experience teaching and researching current business issues. Finance faculty members are available to consult with students wishing to pursue careers in any of the above-mentioned areas.

Accreditation

The UM-Flint MSA program is accredited by AACSB International, the highest accrediting body for business schools worldwide. Only 5.5% of business schools are accredited by AACSB. In accordance with AACSB, we subscribe to the highest standards in management education. We prepare students to contribute to their organizations and the larger society and to grow personally and professionally throughout their careers.

Dual BBA/MBA Degrees

High achieving students will have the opportunity to apply for the joint BBA/MBA program in their junior year. This program will allow students to substitute senior-level BBA major courses with corresponding MBA concentration courses. Students also have the opportunity to waive four MBA foundation courses by earning B’s or better in the equivalent BBA courses. BBA students in this program could earn their MBA for as few as 24 credits, instead of the traditional 45 credits.

Bachelor of Business Administration in Finance

Within the BBA degree, finance students will take 18 credits of specialized finance courses. Students may choose from:

A. Major Core Courses
At least five from:

  • FIN 363 – Investments (3)
  • FIN 365 – Portfolio Theory and Security Analysis (3)
  • FIN 461 – Financial Management Application and Strategy (3)
  • FIN 463 – Financial Engineering and Risk Management (3)
  • FIN 466 – International Finance (3)
  • FIN 468 – Management of Financial Institutions (3)

B. Major Electives
At most one from:

  • ACC 321 – Intermediate Accounting I (3)
  • ECN 314 – Money and Banking (3)
  • FIN 316 – Business Conditions Analysis (3)
  • FIN 394 – Finance Internship Program (1-3)
  • FIN 467 – Financial Statement Analysis (3)
  • MTH 378 – Theory of Interest (3)

Finance Career Outlook

UM-Flint Finance students from 2019-2021 have interned at Randy Wise Automotive, Sovita Credit Union, PWC, Continental Automotive, UHY LLP, Jackson National Life, Ranchor Investment Advisors, Robert Bosch, Barton Malow, ELGA Credit Union, OLV Investments, City of Flint, Cooper Commercial group, Michigan Economic Development Corporation, Huntington National Bank, and more for university course credit.

UM-Flint SOM alumni are currently employed at a variety of organizations ranging from non-profits, corporations, self-employed, or Fortune 500 companies. Finance alumni work at companies such as United Shore, Quicken Loans, Flagstar Bank, Chase Bank, Elga Credit Union, Financial Plus Credit Union, Sovita Credit Union, Huntington Bank, Greenstone Bank, Plante Moran, Hurley Medical, McLaren Medical, Diplomat, Mott Foundation, General Motors, Lafontaine, Nexteer, Deloitte, Skypoint Ventures, and more.

The average salary for a Financial Analyst is $83,660 per year in 2020 according to the Bureau of Labor Statistics. The projected percent change in employment from 2019 to 2029 is growing faster than average at 5%.

$83,660 median annual wage for financial analysts Source: bls.gov

The top occupations for someone with a finance degree are:

  • Financial Planner
  • Financial Analyst
  • Investor Relations Associate
  • Budget Analyst
  • Actuary
  • Accountant
  • Credit Analyst

Top Industries:

  • Corporate Finance
  • Financial Planning
  • Banking and Financial Institutions
  • Investment
  • Non-profit
  • Healthcare

Advising Services

At UM-Flint, we are proud to have many dedicated advisors who are the experts students can rely upon to guide their educational journey. Explore all the possible pathways for your future, and book an appointment today.

In addition to academic advising, SOM provides extensive career advising services to help you define a clear path for your career. Contact Antonio Riggs at anriggs@umich.edu or call (810) 237-6680 to schedule your appointment.


Learn More about the Bachelor of Business Administration in Finance

Ready to use your technical skills and creativity to create a career in Finance? Find all the ways UM-Flint can help you become a leader in nearly every sector. Apply today or contact us to learn more.