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Finance

Finance is the cornerstone of the enterprise system and is vitally important to the economic health of business firms and non-profit institutions. Finance is concerned with maximizing the value of the firm through the effective application of economic principles. This dynamic field is characterized by continuous change in response to shifts in economic conditions making the study of finance stimulating and challenging. Students learn to develop, analyze and interpret financial statements, learn to invest in financial assets and learn to create and evaluate plans to achieve long-term financial success. The finance major is comprised of courses in economics, accounting, finance and quantitative methods. A finance major may find employment in financial institutions or in financial management departments of non-financial institutions, in corporations or non-profits, as financial analysts or in other investment-related activities. The proximity of Manhattanville College to leading financial institutions and corporate headquarters offering a wide range of internships and employment opportunities makes this major particularly attractive.

Finance Major Requirements

A major in finance requires 15 courses, 12 required and three elective.

Required Courses

Note: MGT 1007 is waived for students who take computer science as a minor area of study.

Elective Courses

Note: In general, students may not select both a major and a minor (or two majors) from the Department of Economics, Finance and Management, as the faculty of the Department wishes to ensure that our students possess real breadth in their studies. In some circumstances, an exception to this rule may be granted. A student wishing this exception, and who also plans a minor or major in another department, should petition the Chair of the Economics, Finance and Management Department. Please note that courses may not be double-counted by students who are allowed to do a major and minor (or two majors) within the Department. This double-counting can be avoided by taking additional electives.

Finance Internship

Prerequisites: Principles of Macroeconomics and Principles of Microeconomics, Money and Banking (or Seminar in Money and Banking), Economic and Business Statistics and Corporation Finance. No more than one internship will count toward major requirements.

Finance Senior Seminar

The seminar, required of all finance majors, is offered only during the fall semester, and requires research and use of economic analysis. Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format. A grade of C- is the minimum standard for a successful senior evaluation

Finance Minor Requirements

A Minor requires the completion of the following six courses:

Note: a student who majors in economics, finance, or management must select a minor offered by another department at the College.

Concentration in Accounting

Completion of the 12 required courses for the finance major and the completion of:

Plus one of the following:

MGT 2037 Fundamentals of Taxation**

MGT 3019 Cost Accounting**

MGT 3024 Auditing**

Note: a student who majors in economics, finance, or management must select a minor offered by another department at the College.

Certificate in Finance

(For Non-Matriculated Students Only)

The certificate program is designed for the individual who would like to pursue a career as a financial analyst or improve his or her skills at financial analysis. The program links a strong theoretical base with problem-solving techniques, enabling the student to apply his or her newly acquired knowledge.

Acceptance: In order to realize the program’s objectives, a student may be accepted only after he or she has demonstrated a basic knowledge of economics. This requirement may be satisfied through the completion of course work (ECO 1011 and ECO 1012), taking a test to demonstrate competence or previous experience. (Fulfilling the requirement through previous experience requires the approval of the chair of the department.) Granting of the Certificate: To be awarded the certificate in finance, the student must complete five required courses and one elective. An average of C+ must be maintained. No course with a grade of C- or lower will be accepted towards the certificate.

Required Courses:

Elective Courses:

Upon completion of the certificate in Finance, students will have studied and applied many of the most important financial concepts in business today. This will provide students the foundation on which to build a successful career in finance.

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