Finance
College of Business
- Offered as:
- Major
Overview
Finance deals with the raising, use, and investment of money or capital by individuals or businesses around the globe. Graduates from this field are valuable in all areas of business, financial institutions, and investment groups.
Several areas of emphasis are available in the finance major:
- Financial Management
- Investment Analysis
- Financial Institutions Management
- Financial Services
- Real Estate
- Risk Management/Insurance
[+] Strengths of the program
- WSU offers one of the few business programs in the U.S. in which all the business and accounting programs are fully accredited by AACSB International.
- All business and economics courses are taught in a state-of-the-art building containing classrooms with Internet connections and the latest audiovisual technology.
- Get internships with WSU's connections throughout the U.S. and abroad at industrial corporations, banks, thrift institutions, and securities firms.
- Students in one WSU course get to invest a $50,000 portfolio through seed money from D.A. Davidson for its multi-university Student Investment Program.
- A two-semester program allows students to get applied experience by directing $1 million of the University's operating funds.
- Build valuable skills in security analysis and portfolio management by working directly with finance faculty and investment managers.
[+] Certification and Signature Courses
Certifying into the major
Students on all campuses must meet the following requirements to qualify for certification into a business major:
- Complete the following certification courses with a GPA of 2.50 or better (EconS 101 and 102, Engl 101, Acctg 230 and 231, B Law 210, MgtOp 215, Math 201 and 202, MIS 250)
- Have a cumulative WSU GPA of at least 2.5
- Have earned at least 60 credits
On the Pullman campus, certifying as a business major is competitive and course enrollments are limited. Pullman campus students are required to apply online to be considered for certification. If the applicant meets the minimum requirements above, he or she is then ranked by academic performance. The top students are then certified based on the number of spots available that semester.
On all campuses, transfer course grades will be used to calculate the certification GPA, but they are not included in the WSU cumulative GPA.
Students desiring to certify their business major on the Online, Tri-Cities, or Vancouver campuses should contact a business advisor on that campus for specifics about certifying their major.
Note: Certification is required for enrollment in all 300- and 400-level business courses.
Signature Courses
An example of the courses finance majors generally take:
Acctg 330 - Intermediate Accounting I
Fin 421 - Financial Markets & Intermediation
Fin 425 - Intermediate Financial Management
Fin 427 - Investment Analysis
Fin 437 - Cougar Investment Fund
Note: See the WSU Catalog for degree requirements and talk with your academic advisor about planning and scheduling your courses. All students must meet requirements as outlined in the catalog in order to graduate.
[+] Scholarships and financial aid
For finance students
About $10,000 in scholarships are awarded annually to WSU's best finance students. Most are available to seniors, but a few are given to outstanding students just entering the program. In addition, the College of Business awards scholarships to many students.
You may also qualify for state, federal, and University-level financial aid. The University awards scholarships to many qualified students each year. For more information, visit the Scholarships link at the left of this page.
For all students
A variety of state, federal, and university-sponsored programs are available to help students with educational costs. Washington State University awards millions of dollars in financial aid and scholarships to students every year based on financial need, academic merit, or a combination of the two.
Students should complete the Washington State University general scholarship application and the FAFSA to ensure their eligibility for the widest range of scholarships and need-based financial aid.
For information or to apply for financial aid and scholarships from WSU, see the Scholarships and Finances section of the WSU website.
[+] Campus organizations and activities
The Finance Club hosts guest speakers, travels for on-site business visits, and helps members network with others who share their interests.
[+] Careers in finance
Common introductory finance careers include work in corporate finance, financial institutions, and investments.
• Corporate finance specialists help make financial decisions on business expansion, acquisitions, managing cash flows, setting credit terms, and selecting securities.
• Financial institution specialists usually work in the banking industry to evaluate credit, set terms, market loans, and manage risks.
• Investment specialists use their understanding of securities, mutual funds, and laws to build careers as stockbrokers, financial planners, security analysts, and money or portfolio managers.
Alumni work as entrepreneurs, for non-profit organizations, and at such corporations as Merrill Lynch, D.A. Davidson, Wurtz and Associations, U.S. Bank, Boeing Corp., Microsoft, Intel, and Techtronics.
[+] Salaries
Finance graduates just out of college can earn salaries of $28,000-35,000. MBAs with a finance concentration typically receive $40,000-60,000. Senior positions in industry for finance specialists can command $100,000-200,000.