Finance


major-finance

Wall Street.  The Chief Financial Officer of a corporation.  What does it take to get there?

The financial industry is both tremendously important and absolutely fascinating.  Do you want to learn about corporate finance, investments, banking, and quantitative methods?  Do you want to know how corporations and organizations acquire funds and about how they use them?  How does the financial system work, and how does it serve society and create value?  As a Finance major, you will acquire specific skills related to corporate financial management and investment analysis, including advanced quantitative skills, and so become prepared to participate in one of the most exciting industries out there.

Our students learn the basics in a way that is practical and oriented towards what is necessary to actually run a business. Our students develop and sharpen their skills in communication and analysis, in working with others and working with numbers, in seeing the big picture and in drilling down to details. Our students learn how to think – how to think better, more broadly, more flexibly – which is the best preparation for the changing world of business.

At Ave Maria, you will round out your education with rigorous study in the humanities and the sciences, standing on the shoulders of giants and learning the best that has been thought and said.  And you will have every encouragement to grow in your faith and to develop your sense of integrity, honor, and virtue, both in your classes and through business internships, mentoring and career guidance.

Other majors in our department:
Accounting
Business
Global Affairs & International Business

Explore the Finance Program Below

Finance is built on the idea that time and uncertainty have value.  From this insight, derived from economics and expressed in a language that borrows from economics and accounting, a major in finance teaches students about corporate finance, investments, banking, and quantitative methods.  Students learn how corporations and organizations acquire funds and about how they use them, both for the short term and for the long term.  Students also learn how the financial system (financial markets and financial institutions) works and how it serves society by making funds available to those who can use them to create value.  A Finance major prepares its students to participate in this process of value-creation by giving them specific skills related to corporate financial management and investment analysis, including advanced quantitative skills.

The study of business is the study of innovation, creativity, and entrepreneurship that increases value for human life in broad terms.  Involving as it does an organic complex of personal orientation, analytical skills, specialized knowledge, and acquired habits, the study of business – as the study of what wealth is and how it is created by personal action and judgment – can be a noble and fulfilling path of undergraduate study.

Business is a practical endeavor. Indeed, business leaders constantly face critical issues that demand judgment calls, which puts a premium on the acquisition of the habit of prudent action acquired through professional formation, carried out through directed practice and mentoring. Ave Maria’s business education includes exposure and appropriate mastery of the specific knowledge and skills of business, learned in the courses that give students specialized abilities needed for success.

Our students learn the basics in a way that is practical and oriented towards what is necessary to actually run a business.  Our students develop and sharpen their skills in communication and analysis, in working with others and working with numbers, in seeing the big picture and in drilling down to details.  Our students learn how to think – how to think better, more broadly, more flexibly – which is the best preparation for the changing world of business.

Our majors emphasize analytical thinking and tools: the intellectual equipment and critical skills needed to understand and excel in business and in most other human endeavors.  Ave Maria students have the unique fortune of building on a foundation of a liberal education, an education on the basic realities about God and the world, man and his relationship with God and nature.  Through our liberal arts curriculum, students learn that reality is coherent and intelligible and grow in the habit – in the essential business skill – of looking for patterns and seeing the sense in the apparent contradictions of the world that surrounds them.

The Business program at Ave Maria aims to inspire students to become business leaders inspired by Christian ideals and governed by Christian ideas.  Relying on the Catholic faith lived intensely on campus and on the general intellectual formation of the Core Curriculum, what animates the program is the Catholic view of the human person, his nature, and his ultimate destiny.  The distinctive character of the program is its belief in the dignity of the human person, in the reality and importance of the common good, in subsidiarity and solidarity, in ownership as stewardship, and in responsibility for the environment.  Because students learn to value human beings for what they are, not for what utility they bring, they are able to serve the Church and their society loyally and generously.

1.     Our alumni work in all areas of business: analysis, sales, consulting, management, logistics, accounting, information systems, sports, health care.  Many have gone on to graduate study in business, law, and other areas.

2.     The Department of Business offers a major and a minor in Business Administration, a major and a minor in Accounting, a Major in Finance, and a major in Global Affairs and International Business.

3.     We have a close relationship with the Career Services Department.  Jointly we run a Corporate Internship program, through which students are placed in internships that are overseen by our faculty.

4.     Our professors have multiple, advanced degrees in management, accounting, finance, economics, taxation, and law.

5.     The top 20% of business juniors and seniors is qualified for membership in Sigma Beta Delta, the business honor society.

In addition to the core curriculum, finance majors take the following courses
ECON 201 Principles of Macroeconomics
ECON 202 Principles of Microeconomics
STAT 230 Statistics
ACCT 201 Financial Accounting
ACCT 202 Managerial Accounting
BUSN 303 Management and Ethics
FINC 301 Finance
BUSN 340 Business Law

Finance Courses
FINC 310 Advanced Corporate Finance
FINC 320 Banking, Financial Institutions, and Society
FINC 350 Security Analysis

Choose One of Two
FINC 403 Quantitative Methods in Finance
BUSN 329 Business and Economic Forecasting

Choose an Additional Elective
FINC 351 Portfolio Management
ACCT 301 Intermediate Accounting I
ACCT 421 Federal Income Taxation
ECON 301 Intermediate Macroeconomics
ECON 302 Intermediate Microeconomics

See the Academic Catalog for course descriptions

 INTERNSHIPS:

Ave Maria University is fortunate to be connected to a strong, nationally-recognized network of business managers and CEOs who are looking for the skills and the virtues that characterize Ave Maria students.  We are very active in developing our students’ career potential, connecting them with suitable internships, and ensuring their success.

CAREERS:

With a Finance major, you can look forward to careers in corporate finance, investments, banking, and insurance.  Careers in finance include investment banker, trader, portfolio manager, analyst, financial journalist.  They also include corporate treasurer and budget analyst.  Some finance majors give advice to corporations or individuals about how to reach their financial goals, using their knowledge of investments, tax laws, and insurance.  Others work in the banking sector in asset or liability management.  Others help companies develop their financial plans, decide how to acquire resources and how to allocate them, and estimate future uses and sources of financing.

For more information about careers in investments, see this articleExternal link.  For information about careers in personal financial planning or corporate finance look at this oneExternal link.

AFFILIATIONS:

The Business Honor Society Sigma Beta Delta has a chapter at Ave Maria University, to which the top twenty percent of juniors and seniors are admitted.

Gabriel Martinez, Ph.D.

Interim Vice President for Academic Affairs and Associate Professor of Business & Economics
Education: B.A.I.S., University of South Carolina; M.A., University of Notre Dame; Ph.D., University of Notre Dame
Office: Henkels 3056
Phone: (239) 280-1611
Fax: (239) 280-1637
Curriculum Vitae: Download

Frank Shepard, D.P.S.

Associate Professor of Business
Education: Doctorate in Professional Studies – Finance and International Economics, Pace University;  M.B.A. – Finance, Columbia University;  B.S. – Accounting, Bentley College;  Certification: Chartered Alternative Investment Analyst
Office: Henkels 2020
Phone: (239) 304-7345
Fax: (239) 280-1637

Dorothy Thompson, M.S., C.P.A.

Assistant Professor of Business
Education: Bachelor in Business Administration – Accounting, Texas Woman’s University; Master of Science in Accounting and Master of Science in Finance, University of Texas at Dallas
Certification: Certified Public Accountant
Office: Henkels 2052
Phone: (239) 280-1662
Fax: (239) 280-1637