Why Study Finance at IU Southeast?

The undergraduate finance concentration at IU Southeast will give students the set of tools they need to succeed in today’s challenging economic, and increasingly global, environment. The program is designed to give students a broad exposure to finance areas that include corporate finance, investments, and financial markets and services. Our students develop the analytical, problem-solving, and decision making skills to address both personal and business financial questions.

Why Study Image

Finance is both the science and art of managing money. As a science, modern finance is based in scientific inquiry, statistics, and mathematics. However, there are also many non-quantitative variables that matter including individuals’ – and sometimes entire markets’ – behavior patterns. This is where the “art” part comes into play.

For a complete list of degree requirements, visit the Bachelor of Science in Business program page »

Finance Concentration (24 credit hours)

The finance curriculum at IU Southeast includes studies in the area of corporate finance, investments, international finance, financial institutions, and markets. Students are introduced to the major theories and learn the tools utilized by financial professionals to make decisions in today’s dynamic economy. The finance curriculum prepares students for careers in corporate finance; banks, and other financial institutions; investments; and financial services such as financial planning, insurance, and real estate.

Required Courses (21 credit hours)

BUS-A 310 Management Decisions and Financial Reporting (or BUS-A311)
BUS-F 302 Financial Decision Making
BUS-F 410 Financial Institutions & Markets
BUS-F 420 Investments
BUS-F 494 International Financial Management
ECON-E 350 Money and Banking
BUS-A 414 Financial Statement Analysis and Interpretation

Required Elective course (3 credit hours)

Select from 300- or 400-level business or economics courses outside of Finance (NOT from BUS-M 300 or internships/professional practice).

Students considering a career in corporate finance are encouraged to select from the following:

BUS-A 301 Accounting: An Information System
BUS-A 311 Intermediate Accounting I (will substitute for BUS-A 310 in Finance concentration. Students successfully completing BUS-A 311 cannot then take BUS-A 310.)
BUS-A 312 Intermediate Accounting II
BUS-A 325 Cost Accounting

BUS-A 310 Management Decisions and Financial Reporting (3 cr.)
This course will give finance and other non-accounting majors insight into financial reporting topics from a management perspective. The emphasis is more on analysis and interpretation rather than on the detailed mechanics and procedures of accounting. A 310 provides an understanding of how financial statements reflect management decisions in the activity areas of financing, investing, and operating decisions. While the course may meet the requirements for accounting credit to sit for the CPA exam, it will not meet the requirement for the accounting credits for an IU Southeast accounting degree. Fall sem., spring sem.

BUS-A 414 Financial Statement Analysis and Interpretation (3 cr.)
The main objective of this course is critical understanding of accounting and economic concepts as these concepts apply to a company’s performance and financial position. To thoroughly understand a company’s financial position, the analyst must have some accounting forensic skills useful in critically analyzing financial reports. The course is application-based where students will use financial statements to identify value-creating opportunities and risks from the viewpoints of different stakeholders (e.g. creditors, owners, suppliers, customers). Some of the analysis tools discussed in the course include ratios, common size financial statements, vertical analysis and trends. Students will then compare companies with competitors and the industry.

BUS-F 302 Financial Decision Making (3 cr.)
Application of financial theory and techniques of analysis in the search for optimal solutions to financial management problems. Fall sem., spring sem.

BUS-F 410 Financial Institutions & Markets (3 cr.)
This course looks at the intermediary roles played by the various types of financial institutions and markets. Besides understanding the differences between different institutions, such as commercial banks, credit unions, savings associations, and insurance companies, the course also covers issues related to the management and regulation of financial institutions, role of central banking, and the conduct of monetary policy. Although the primary emphasis is on the functions of financial institutions, different types of financial markets, such as mortgage, money, and capital markets, and related issues are also covered.

BUS-F 420 Equity and Fixed Income Investments (3 cr.)
Individual investment policy and strategy, security analysis and portfolio management, investment performance, measurement tools, basic and derivative securities used in the investment process, survey of ethics in the investment profession, and experience in trading practices through simulation. Fall sem., spring sem.

BUS-F 494 International Financial Management (3 cr.)
Financial management of foreign operations of the firm. Financial constraints of the international environment and their effect on standard concepts of financial

ECON-E 350 Money and Banking (3 cr.)
Monetary and banking system of the United States; problems of money and prices, of proper organization and functioning of commercial banking and Federal Reserve systems, of monetary standards, and of credit control; recent monetary and banking trends. Spring sem., summer.

  

Resident

Faculty Bio Thumbnail
Janardhanan A. (Johnny) Alse
Professor of Economics
Director, Center for Economic Education
jalse@ius.edu
Phone: (812) 941-2520
Office Location: HH 219 B
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Douglas K. Barney
Professor of Accounting
dbarney@ius.edu
Phone: (812) 941-2532
Office Location: HH 217 M
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Jeffrey Byrne
Lecturer in Accounting
jefbyrne@ius.edu
Phone: (812) 941-2869
Office Location: HH 011 A
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Yan He
Associate Professor of Finance
yanhe@ius.edu
Phone: (812) 941-2308
Office Location: HH 032
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Faculty Bio Thumbnail
Elizabeth Reisz
Lecturer in Finance
ereisz@ius.edu
Phone: (812) 941-2545
Office Location: HH 219 H
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A. Jay White
Associate Professor of Finance
Dean, School of Business
jwhite04@ius.edu
Phone: (812) 941-2521
Office Location: HH 214
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Alan Wong
Professor of Finance
awong@ius.edu
Phone: (812) 941-2423
Office Location: HH 020
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IU Southeast graduates have been placed in numerous financial institutions, investment firms, and corporate finance positions in Southern Indiana and Greater Louisville and beyond. Career opportunities are available in:

  • Commercial Banking
  • Corporate Finance
  • Financial Planning
  • Money Management
  • Insurance
  • Real Estate

For details on the types of jobs, skills needed, salaries, job outlook, and other resources for each of the areas listed above visit the Careers in Finance website.

Professional and Student Organizations

IU Southeast Finance Club
The Finance Club at IU Southeast gives students additional opportunities to learn about careers in finance through field trips, speaker events, and other opportunities to network with finance and accounting professionals and alumni in our area. This club also offers additional opportunities to develop communication and leadership skills that are in high demand today.

Useful Links

CFA Institute

Careers in finance
This is a great resource for anyone researching career opportunities in finance including links to professional organizations, career links, finance blogs, and videos.

Certified Financial Planner Board

Chicago Board Options Exchange (CBOE)

New York Stock Exchange

Bloomberg

Damodaran Online

ACCREDITATION

BUSINESS CONTACT INFORMATION