Finance (FN)

Professors: W. B. Elliott (Chair); Assistant Professors: J. Kang, S. B. Moore (Associate Dean), X. Zhang

Finance applies economics, accounting, and mathematics to financial decision-making. Corporate finance analyzes how firms should manage and fund their assets. Courses in finance deal with a wide array of companies, including small firms, companies regulated by governmental bodies, and large corporations that engage in complex international operations. Classes in international finance teach students to assess complex international operations. Classes in corporate finance teach students to assess firm financial decisions as well as their financial health and future. Investment courses prepare students to analyze different mediums of savings and investments. Courses in financial institutions inform students about how such firms manage their assets and liabilities in light of macroeconomic considerations and regulatory restrictions.

Because the discipline of finance is intellectually challenging and rigorous, it not only prepares students for a large number of today’s appealing and rewarding careers in business and industry but also provides excellent background for graduate programs. Graduates of the Boler College's finance program are actively sought by corporate recruiters, who know these students have been well prepared for the world of contemporary finance. Many finance students become financial analysts and mangers. Others enter the consulting or legal professions or develop careers in the various occupations related to investment activity or financial institutions. The finance program has recently been accepted into the CFA Institute's University Recognition Program. This status is granted to institutions whose degree program incorporates at least 70% of the CFA's Candidate Body of Knowledge (CBOK), which positions students well to sit for the CFA exams. Many John Carroll University graduates in finance have become high-ranking financial officers of prominent and successful companies or have achieved important positions in banks and governmental agencies active in financial matters. Professional experience and internships are not required, but strongly encouraged. Many finance majors take advantage of the opportunities presented by the Boler internship initiatives.

Program requirements for the Finance major are available here.