What Can I Do With a Finance Major?
Finance is a discipline that deals with allocation of resources on corporate, institutional and personal levels.
Although finance has traditionally consisted of three separate fields—corporate financial management, investments and financial institutions—this distinction has begun to blur with deregulation and globalization. Additionally, many other fields within finance, such as real estate and insurance, have an important impact within a financial education and also within a student’s career choices.
A student may focus in the areas of corporate finance, investment banking and analysis of financial markets. Students examine:
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Visit the Department of Finance website
Degree Requirements
Includes foundation courses required for Professional Admission, general education requirements, professional core courses, free electives and a set of specific Finance courses. Sample list of Finance courses:
- Quantitative Financial Management
- Corporate Financial Problems
- International Finance
- Risk Management and Derivatives
- Applied Investment Management
- Financial Modeling
- Bloomberg Certification
- Investments
* Students must achieve Professional Admission (a competitive and selective application process) to move from the pre-professional phase to the professional phase.
** Check the Degree/Academic Progress Report (APRR's) for your specific academic program requirements per the catalog.
Other Preparation
Internships and Work Experience
The finance department sponsors an internship program through which students get practical experience, supplemented with academic work. Finance majors should contact the department for further information. Students must earn passing grades in ACCT 400, FIN 360, FIN 360L FIN 412 and FIN 421 before applying for an internship for finance elective credit. Volunteering, summer internships and part-time jobs at financial institutions are encouraged in order to gain valuable work experience and develop skills.
Clubs and Organizations
The college has a wide variety of professional fraternities, honoraries and student clubs. Student organizations offer: career information; networking opportunities; social and professional activities; and provide leadership roles and skills building opportunities.
Student organizations for Finance majors include:
Commercial Real Estate Club is a student organization that focuses on developing technical knowledge of commercial real estate while networking with professionals in the industry.
The Financial Management Association is a professional and academic association whose student members interface with professionals from dynamic financial institutions as well as with representatives from major investment firms.
The Investments Club is a student organization that facilitates an environment where students can develop a better understanding of investment strategies while interacting with professionals in the investment community.
Visit the Federation of Eller Student Organizations website for more information.
Master's of Science in Management
The Eller College Finance Department also offers a Master's of Science in Finance (MSF). This degree can be pursued after completion of a degree without any requisite work experience in the interim. For more information please contact the Finance Department in McClelland Hall 315R.
Career Opportunities
The need for skilled finance professionals is increasing due to the demands of global trade, the proliferation of complex financial instruments, changing federal and state laws and regulations and the entry of baby boomers into retirement with a bewildering array of investment choices.
Types of jobs include:
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Certification and Licenses
Financial managers may broaden their skills and exhibit competency in certain fields by attaining professional certification, such as:
- Chartered Financial Analyst (Association for Investment Management and Research)
- Credit Business Associate, Credit Business Fellow, Certified Credit Executive (National Association of Credit Management)
- Certified Cash Manager (Treasury Management Association)
- Certified Financial Planner (CFP)
- Certified Financial Manager (CFM)
- Chartered Financial Consultant
The Series 7 is the NASD/NYSE exam required by most broker-dealers for their registered representatives.
Salaries
Starting salaries vary by size and type of employer, location, and experience. In addition, finance positions often include bonuses and commissions.
- Eller Finance graduate average offer: $63,438 (Eller Graduate Survey, Spring 2020)
- National Finance graduate average salary offer: $58,125 (NACE Salary Survey, Summer 2020)
Professional Associations
Recruitment Opportunities
Finance graduates obtain jobs through various avenues, leading to placements with a wide range of firms and organizations. On-campus recruitment opportunities include the fall and spring Eller Expo and Career Showcase, hosted by the Eller College, and the fall and spring "Career Days", hosted by the University of Arizona Student Engagement and Career Development.
A sample of employers that have hired Eller Finance majors for full-time placement through the Eller Professional Development Center:
Accenture ADP Altria Arizona Public Services (APS) AXA Advisors Bank of America Merrill Lynch Barclays BDO BlackRock Bloomberg BNP Paribas Boeing BP Oil Capital Group Capstone Headwaters CBRE CDW Charles Schwab Cigna Citigroup Comcast NBC Universal Comerica Bank Costco CyraCom International Deutsche Bank Edward Jones |
Equity Methods Exxon Mobil Goldman Sachs HBO Hewlett-Packard HFF Honeywell Intel Intuit JP Morgan Chase Jefferies KPMG Lazard L’Oreal Marcus & Millichap Mass Mutual Mercer Morgan Stanley National Bank of Arizona Northern Trust Oracle PwC Raytheon Siemens T.Rowe Price Texas Instruments Tucson Electric Power |
Vanguard Wells Fargo Yelp |
Eller and UArizona Resources
Major Advisor
Brand Diguardi
Undergraduate Programs
Eller College of Management
McClelland Hall 204
520-621-2505
Department of Finance
Eller College of Management
McClelland Hall 315R
520-621-7554