Finance Career Brief

Overview

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 with in 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. UA students examine:

  • How corporations deal with financial problems
  • How firms plan for changes such as expansion or diversification
  • Methods of managing funds
  • Investment management stocks, bonds, and commodity markets
  • Banks and other financial institutions
  • Effects of government and economic conditions
  • The circulation of money
  • Credit and investment fundamentals

For more information, view 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 Academic Requirements Report for the finance major program requirements per your catalog athttp://catalog.arizona.edu.


 

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, & 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:

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 FESO - 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 Management with a concentration in Finance (MMF). 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 financial 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 middle age with a bewildering array of investment choices.

Types of jobs include:

  • Corporate Financial Analyst
  • Financial Planner
  • Portfolio Manager
  • Security or Investment Analyst
  • Sales & Trading Analyst
  • Investment Banker
  • Insurance Underwriter
  • Insurance Agent
  • Real Estate Developer
  • Real Estate Broker

 

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: $51,835 (Eller Graduate Survey, Spring 2016)
  • National Finance graduate average salary offer: $56,094 (NACE Salary Survey, 2015)

 

Recruitment Opportunities

Finance graduates obtain jobs through various avenues, leading to placements with a wide range of firms and organizations. Recruitment opportunities include the annual Fall Eller Career Expo, and the spring Career Showcase coordinated by Eller College Student Council and Delta Sigma Pi.

A sample of employers that hired Eller Finance majors for full-time placement in Spring 2016 through the Eller Professional Development Center:

ADP
Allegiant Travel
Amazon
Americorps
Aramco
Arizona Public Services (APS)
AXA Advisors
B/E Aerospace
Balboa
Bank of America Merrill Edge
Bank of America Merrill Lynch
BDO
BlackRock
BNY Mellon
Charles Schwab
Chicago Cubs
Cisco Systems
Citigroup
Clarion Partners
Cru
Datalink
Deloitte
Dick's Sporting Goods
Dyntek Dynamic Solutions
Edward Jones
EY
FactSet

Fair Oaks Capital LP
Foresters Financial
Goldman Sachs
Honeywell
Insight Global
Intel Corporation
JPMorgan Chase & Co
Jukin Media
Kobe Digital
KPMG
Macy's Inc.
New West
Northrop Grumman
Pacificorp
Pilot
Quicken Loans
Raytheon
ROVR LLC
SABIC
Scali Group, LLC
Siemens
Transwestern
Vanguard
Wells Fargo
Zurich North America
MassMutual

 

 

For More Information

  • Undergraduate Programs Office
    Eller College of Management 
    McClelland Hall 204
    P. O. Box 210108 
    Tucson, AZ 85721-0108
    520-621-2505 
    http://ugrad.eller.arizona.edu/

Professional Associations


 

For additional information, please contact us.