Manhattanville College

Academic Catalog

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

MGT 1002/ACC 1002*

Fundamentals of Accounting I**

MGT 1008/ACC 1008*

Fundamentals of Accounting II**

ECO 1011

Principles of Macroeconomics

ECO 1012

Principles of Microeconomics

ECO 2060

Economic & Business Statistics

ECO 3001

Intermediate Macroeconomic Theory

ECO 3002

ECO 2019

 

Intermediate Microeconomic Theory or

Economics of Competitive Strategy

MGT 1007

Computer Concepts with Business Applications**

ECO 3020

Seminar in Money and Banking or ECO 2015 Money and Banking

ECO 2018

Corporation Finance

ECO 3017

Global Finance

ECO 3997

Senior Seminar

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

Elective Courses

ECO 2003

Investment Analysis

ECO 2004

Derivative Securities

ECO 2005

Personal Finance

ECO 2009

Public Finance and Public Policy

ECO 2016

Financial Markets

ECO 2017

Economics and Finance of Health Care Policy

ECO 2025

American Economic History or ECO 3075 Seminar in Contemporary Economic Issues

ECO 2026

Advanced Financial Functions of MS Office

ECO 3008

Applied Econometrics

ECO 4497

Internship

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.

* This designation does not become official until 2014-2015

** Not counted as liberal arts

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:

ECO 1011

Principles of Macroeconomics

ECO 1012

Principles of Microeconomics

MGT 1002/ACC 1002*

Fundamentals of Accounting I**

ECO 2060

Economic & Business Statistics

ECO 3020

Seminar in Money and Banking or ECO 2015 Money and Banking

ECO 2018

Corporation Finance

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

* This designation does not become official until 2014-2015

** Not counted as liberal arts

Concentration in Accounting

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

MGT 2035/ACC 2035*

Intermediate Accounting I**

MGT 2036/ACC 2036*

Intermediate Accounting II**

Plus one of the following:

MGT 2037/ACC 2037* Fundamentals of Taxation**

MGT 3019/ACC 3019* Cost Accounting**

MGT 3024/ACC 3024* Auditing**

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

* This designation does not become official until 2014-2015

** Not counted as liberal arts

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:

MGT 1002/ACC 1002*

Fundamentals of Accounting I**

ECO 2060

Economic & Business Statistics

ECO 3020

Seminar in Money and Banking or ECO 2015 Money and Banking

ECO 2018

Corporation Finance

ECO 2003

Investment Analysis

Elective Courses:

ECO 2005

Personal Finance

ECO 2009

Public Finance and Public Policy

ECO 2016

Financial Markets

ECO 3008

Applied Econometrics

ECO 3017

Global Finance

MGT 1008ACC 1008*

Fundamentals of Accounting II**

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.

* This designation does not become official until 2014-2015

** Not counted as liberal arts

Catalog Contents

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2013-2014 Undergraduate College Catalog

Manhattanville College Mission

Equal Employment Opportunity and Affirmative Action Policy

Brief History of Manhattanville: History and Educational Commitment

Letter to Parents

Inventory of Undergraduate Programs

Inventory of Graduate Programs

Graduate Programs List

Undergraduate Programs of Study(Majors, Minors & Requirements)

Full-Time Undergraduate Degree Requirements

Undergraduate Programs

Graduation Participation Requirements

Registration Requirements & Online Student Resources

Official & Unofficial Transcripts

Types of Courses

Transfer Credit Policy

Grading and Grading Policies

Honors Options

Bachelor Degrees in Accelerated Format

Pre-Professional Studies

Off-Campus Study

English Language Institute (ELI)

Educational Support

Library Information Services

Facilities and Resources

Dual Degree Programs

Graduate & Professional Studies Programs, Master of Fine Arts in Writing & Master of Liberal Arts Programs

School of Education Graduate Programs

Course Offerings

African Studies Courses

American Studies Courses

Anthropology Courses

Art History Courses

Art (studio) Courses

Asian Studies Courses

Biology Courses

Chemistry Courses

Communication Studies Courses

Castle Scholars Courses

Classic Civilizations Courses

Dance & Theatre Courses

Accounting/Economics/Finance/Management/Marketing Courses

Education Courses

Education Courses

English Composition Courses

English Education Courses

Health & Wellness Education Courses

English Courses

English Film Studies Courses

English Writing Courses

French Courses

First Year Program Courses

German Courses

History Courses

Holocaust Studies Courses

Organizational Management & Human Resource Development (Graduate Program) Courses

Interdisciplinary Studies Courses

International Studies Courses

Irish Studies Courses

Italian Courses

Library Skills Courses

Business Leadership (Graduate Program) Courses

Computer Science Courses

Mathematics Education Courses

Mathematics Courses

Finance (Graduate Program) Courses

MGPS Master of Science Courses (Graduate Program)

Physical Education & Sports Pedagogy (Graduate Program) Courses

Physical Education Courses (Undergraduate)

Sport Business Management (Graduate Program) Courses

International Management (Graduate Program) Courses

Marketing Communications Management (Graduate Program) Courses

Museum Studies Courses

Applied Music Courses

Music Technology Courses

Music Education Courses

Music History & Literature Courses

Music Management Courses

Music Theory Courses

Philosophy Courses

Physics Courses

Political Science & Legal Studies Courses

Psychology Courses

Science Education Courses

Sociology Courses

Spanish Courses

Social Studies Education Courses

World Religions Courses

Women's Studies Courses

Admissions

Athletics

Student Affairs

Tuition and Fees

Financial Assistance

Family Education Rights and Privacy Act (FERPA)

Faculty and Staff

Index