Area in Finance

Interested in the field of Finance as a possible career? If so, you are considering one of the most dynamic, exciting majors that exist today. From the world's stock exchanges to multinational corporations to highly competitive banking and financial service firms, finance has mesmerized the world during the past two decades. The demand for finance specialists has increased dramatically and employment in the field has skyrocketed. Magazine articles touting "the 10 best careers for the new century" invariably list one or two finance positions. Few career choices offer the combination of growth, high income, and dynamism that finance extends to you. 

What is Finance Like?

  • It is analytical, it uses accounting information
  • It is based on economic principles
  • It is international in perspective
  • It is very dynamic and changes constantly
  • It provides good job opportunities

Finance Program at Murray State University

Murray State University offers two Area in Finance programs, both are accredited by AACSB International - The Association to Advance Collegiate Schools of Business.

At Murray State University, we have a term that is a little tricky until you get used to it: an area in a subject. At Murray State, if you major in a field, you must have a minor in a field as well. (For example, you can major in Business Administration and minor in Psychology.) However, if you do not want a minor in a subject, you are said to pursue an area instead of a major. The requirements for an area are just as rigorous as the requirements for a major; the name assigned to it is just different - it simply means that you have chosen not to minor in a subject.

Note: The Arthur J. Bauernfeind College of Business strongly encourages students in its business programs to study abroad.  The courses marked with an asterisk are commonly taught in summer study abroad programs such as KIIS and CCSA and each fall in the Semester in Regensburg program in Germany. BPA 396: Seminar in International Business, a business elective, is frequently taught in all these settings as well as in the International Business Seminar programs over the Christmas break and in the summer. ACC 586: International Experience in Accounting is routinely offered over Spring Break as an Accounting Elective. Consult your academic advisor to determine the study abroad opportunity which best fits your needs and schedule.

Area in Finance

University Studies Requirements for BAB: 44 - 49 hours

All Bachelor of Arts in Business degree candidates should follow the course of University Studies instruction indicated below.

Oral and Written Communication 7 hours
COM 161 [or HON 165] -- 3 hours
ENG 105 [or ENG 150] with a grade C or better -- 4 hours
 
Global Awareness, Cultural Diversity, and the World’s Artistic Traditions
9 hours
Modern language courses (single language), attaining a 202-level proficiency -- 6 hours
To reach proficiency at the 202-level, a student may have to complete up to six hours of 100-level prerequisites.
One University Studies elective in this category -- 3 hours
 
Scientific Inquiry, Methodologies, and Quantitative Skills 10-15 hours
One University Studies science course with lab -- 4-5 hours
One University Studies math or science course -- 3-5 hours
MAT 220 or MAT 250 -- 3-5 hours
 
Social and Self-Awareness and Responsible Citizenship 6 hours
One Ethics, Social Responsibility and Civic Engagement category course -- 3 hours
ECO 230 -- 3 hours
 
World’s Historical, Literary, and Philosophical Traditions 9 hours
CIV 201 or CIV 202 [or HON 201 or 202] -- 3 hours
HUM 211 [or HON 251] -- 3 hours
 
University Studies Approved Electives 6 hours
CSC 199 -- 3 hours
ECO 231 -- 3 hours
 

University Studies Requirements for BSB: 38 - 43 hours

All Bachelor of Science in Business degree candidates should follow the course of University Studies instruction indicated below.

Oral and Written Communication 7 hours
COM 161 [or HON 165] -- 3 hours
ENG 105 [or ENG 150] with a grade of C or better -- 4 hours
 
Global Awareness, Cultural Diversity, and the World’s Artistic Traditions
3 hours
One University Studies elective in this category -- 3 hours
 
Scientific Inquiry, Methodologies, and Quantitative Skills 10-15 hours
One University Studies science course with lab -- 4-5 hours
One University Studies math or science course -- 3-5 hours
MAT 220 or MAT 250 -- 3 hours
 
Social and Self-Awareness and Responsible Citizenship 6 hours
One Ethics, Social Responsibility and Civic Engagement category course -- 3 hours
ECO 230 -- 3 hours
 
World’s Historical, Literary, and Philosophical Traditions 6 hours
CIV 201 or CIV 202 [or HON 201 or 202] -- 3 hours
HUM 211 [or HON 251] -- 3 hours
 
University Studies Electives 9 hours
CSC 199 -- 3 hours
ECO 231 -- 3 hours
 

Business Core Requirements: 41 hours

ACC 200 Principles of Financial Accounting -- 3 hours
ACC 201 Principles of Managerial Accounting -- 3 hours
BUS 215 Business Communication -- 3 hours
BUS 355 Information Systems and Decision Making -- 3 hours
BUS 442 Business Ethics and Environments -- 3 hours
CIS 243 Business Statistics I -- 2 hours
CIS 343 Business Statistics II -- 2 hours
ECO 310 Issues in the Global Economy -- 3 hours
FIN 330 Principles of Finance -- 3 hours
FTR 100T Transitions -- 1 hr
LST 240 Legal Environment of Business -- 3 hours
LSC 343 Fundamentals of Operations -- 3 hours
MGT 350 Fundamentals of Management -- 3 hours
MGT 590 Strategic Management -- 3 hours
MKT 360 Principles of Marketing -- 3 hours

Required Courses: 18 hours

ECO 305 Money and Banking -- 3 hours
FIN 332 Financial Management -- 3hours
FIN 333 Principles of Investment -- 3 hours
FIN 334 Financial Institutions -- 3 hours
FIN 461 International Financial Management -- 3 hours
FIN 480 Senior Seminar in Finance -- 3 hours

Required Limited Electives: 9 hours

Nine hours of finance electives from the following:

FIN 331 Principles of Insurance -- 3 hours
FIN 336 Employee Benefits and Retirement -- 3 hours
FIN 338 Estate Planning -- 3 hours
FIN 421 Financial Models -- 3 hours
FIN 488 Cooperative Education/Internship -- 3 hours
FIN 489 Cooperative Education/Internship -- 3 hours
FIN 520 Risk Management -- 3 hours
FIN 522 Portfolio Management and Theory -- 3 hours
FIN 537 Commercial Banking -- 3 hours
FIN 505 Internship in Finance -- 3 hours
FIN 595 Special Problems -- 3 hours


Business Electives: 3 hours (B.S.B. only)


Unrestricted Electives: 0 - 11 hours


Total Curriculum Requirements: 120 hours

Area in Finance/Financial Planning Option

University Studies Requirements for BAB: 44 - 49 hours

All Bachelor of Arts in Business degree candidates should follow the course of University Studies instruction indicated below.

Oral and Written Communication 7 hours
COM 161 [or HON 165] -- 3 hours
ENG 105 [or ENG 150] with a grade C or better -- 4 hours
Global Awareness, Cultural Diversity, and the World’s Artistic Traditions
9 hours
Modern language courses (single language), attaining a 202-level proficiency -- 6 hours
To reach proficiency at the 202-level, a student may have to complete up to six hours of 100-level prerequisites.
One University Studies elective in this category -- 3 hours
Scientific Inquiry, Methodologies, and Quantitative Skills 10-15 hours
One University Studies science course with lab -- 4-5 hours
One University Studies math or science course -- 3-5 hours
MAT 220 or MAT 250 -- 3-5 hours
Social and Self-Awareness and Responsible Citizenship 6 hours
One Ethics, Social Responsibility and Civic Engagement category course -- 3 hours
ECO 230 -- 3 hours
World’s Historical, Literary, and Philosophical Traditions 9 hours
CIV 201 or CIV 202 [or HON 201 or 202] -- 3 hours
HUM 211 [or HON 251] -- 3 hours
University Studies Approved Electives 6 hours
CSC 199 -- 3 hours
ECO 231 -- 3 hours

University Studies Requirements for BSB: 38 - 43 hours

All Bachelor of Science in Business degree candidates should follow the course of University Studies instruction indicated below.

Oral and Written Communication 7 hours
COM 161 [or HON 165] -- 3 hours
ENG 105 [or ENG 150] with a grade of C or better -- 4 hours
Global Awareness, Cultural Diversity, and the World’s Artistic Traditions
3 hours
One University Studies elective in this category -- 3 hours
Scientific Inquiry, Methodologies, and Quantitative Skills 10-15 hours
One University Studies science course with lab -- 4-5 hours
One University Studies math or science course -- 3-5 hours
MAT 220 or MAT 250 -- 3 hours
Social and Self-Awareness and Responsible Citizenship 6 hours
One Ethics, Social Responsibility and Civic Engagement category course -- 3 hours
ECO 230 -- 3 hours
World’s Historical, Literary, and Philosophical Traditions 6 hours
CIV 201 or CIV 202 [or HON 201 or 202] -- 3 hours
HUM 211 [or HON 251] -- 3 hours
University Studies Electives 9 hours
CSC 199 -- 3 hours
ECO 231 -- 3 hours

Business Core Requirements: 41 hours

ACC 200 Principles of Financial Accounting -- 3 hours
ACC 201 Principles of Managerial Accounting -- 3 hours
BUS 215 Business Communication -- 3 hours
BUS 355 Information Systems and Decision Making -- 3 hours
BUS 442 Business Ethics and Environments -- 3 hours
CIS 243 Business Statistics I -- 2 hours
CIS 343 Business Statistics II -- 2 hours
ECO 310 Issues in the Global Economy -- 3 hours
FIN 330 Principles of Finance -- 3 hours
FTR 100T Transitions -- 1 hr
LST 240 Legal Environment of Business -- 3 hours
LSC 343 Fundamentals of Operations -- 3 hours
MGT 350 Fundamentals of Management -- 3 hours
MGT 590 Strategic Management -- 3 hours
MKT 360 Principles of Marketing -- 3 hours

Required Courses: 18 hours

ECO 305 Money and Banking -- 3 hours
FIN 332 Financial Management -- 3hours
FIN 333 Principles of Investment -- 3 hours
FIN 334 Financial Institutions -- 3 hours
FIN 461 International Financial Management -- 3 hours
FIN 480 Senior Seminar in Finance -- 3 hours

Required Specialty Courses: 12 hours

ACC 302 Federal Income Tax -- 3 hours
FIN 331 Principles of Insurance -- 3 hours
FIN 336 Employee Benefits and Retirement -- 3 hours
FIN 338 Estate Planning -- 3 hours


Unrestricted Electives: 0 - 11 hours


Total Curriculum Requirements: 120 hours