Financial Management Major

Bachelor of Science (B.S.) Degree Requirements
124 semester hours

The Financial Management major requires 28 hours, which are divided between required major and elective major courses. Each student must complete 24 hours of required major courses and 4 hours of elective major courses. Students can use elective major courses to tailor their Financial Management major to particular professional or personal objectives.

Students interested in a career in Personal Financial Planning should consider the Financial Planning Concentration. This option combines required courses from the basic Financial Management with a set of courses on financial planning designed specifically for the concentration. The Financial Management major with the Financial Planning Concentration is registered with the Certified Financial Planner® (CFP®) Board of Standards. Under this arrangement, students who complete the concentration and graduate with a Bachelor of Science degree, Financial Management, will satisfy the education component of the CFP® certification process and may take the national examination for the CFP® designation without further required coursework. The Financial Management major with the Financial Planning Concentration requires 28 specified hours in the major area.

The following degree requirements are from the current Franklin University Academic Bulletin. If you began your coursework before the current academic year, please contact your SSA for your degree requirements. Always confirm your degree requirements with your SSA.

Fundamental General Education Core (24 hours)
All courses must be at the 100 or 200 level

• Minimum of three semester hours of English Composition (if the course does not have a research paper component, COMM 130 Research Paper, two semester credits, is also required)
  Choose COMM 120 College Writing.
• Minimum of three semester hours of Mathematics (at least one mathematics or statistics course beyond the level of intermediate algebra)
  Choose from MATH 160 College Algebra, MATH 180 Applied Calculus, MATH 210 Finite Mathematics, MATH 220 Business Calculus, or MATH 215 Statistical Concepts.
• Minimum of six semester hours of Sciences (two science courses, with one having a laboratory component)
  Choose from the Science discipline.
• Minimum of six semester hours of Social and Behavioral Sciences (which must be in at least two different disciplines)
  Choose from the Anthropology, Economics, Psychology, and Sociology disciplines.
• Minimum of six semester hours of Arts and Humanities
  Choose from the Humanities discipline.

Additional General Education Requirements (26 hours)

• COMP 106 - Introduction to Spreadsheets (1)
• COMP 108 - Introduction to Databases (1)
• ECON 220* - Introduction to Macroeconomics (4)
• HUMN 210 - Introduction to Logic and Critical Thinking Skills (2)
• HUMN 305 - Global Issues (4)
• MATH 215** - Statistical Concepts (4)
• PF 321 - Learning Strategies (2)
• SPCH 100 - Speech Communication (4) OR COMM 150 - Interpersonal Communication (4)
• General Education Electives (4)

*Select another Social Science elective if ECON 220 is used in the Fundamental General Education Core.
**Select another General Education Elective if MATH 215 is used in the Fundamental General Education Core.

Business Core (28 hours)

• ACCT 215 - Financial Accounting (4)
• ACCT 225 - Managerial Accounting (4)
• BSAD 220 - Business Law (4)
• BSAD 312 - Management Theory and Practices (4)
• ECON 210 - Introduction to Microeconomics (4)
• FINA 301 - Principles of Finance (4)
• MKTG 300 - Marketing (4)

University Electives (18 hours)

Any courses offered by the University except developmental education courses.

CHOOSE ONE OF THE FOLLOWING CONCENTRATIONS (28 HOURS)

Financial Management Concentration

• ACCT 310 - Intermediate Accounting I (4)
• ACCT 320 - Intermediate Accounting II (4)
• FINA 340 - Money, Banking, and Financial Markets (4)
• FINA 403 - Advanced Financial Management (4)
• FINA 405 - Investments (4)
• FINA 495 - Financial Policy Seminar (4)
• Major Area Elective (4)*
  *Select 4 hours from the following:
  • ACCT 330 - Cost Management (4)
  • FINA 355 - Income Taxation for Financial Planning (4)
  • FINA 410 - Finance Internship (1-4)
  • FINA 430 - Personal Financial Planning (4)
  • FINA 432 - Insurance and Financial Planning (4)
  • FINA 450 - Global Finance (4)
  • FINA 480 - Special Topics in Finance (1-4)

Financial Planning Concentration

• FINA 355 - Income Taxation for Financial Planning (4)
• FINA 405 - Investments (4)
• FINA 430 - Personal Financial Planning (4)
• FINA 432 - Insurance and Financial Planning (4)
• FINA 434 - Retirement Planning (4)
• FINA 436 - Estate Planning (4)
• FINA 490 - Financial Planning Seminar (4)

Major Program Requirements

Students seeking a bachelor’s degree must earn at least 40 hours in residence at Franklin University.

A minimum 2.25 GPA is required in the major area for students enrolled in either the associate’s or bachelor’s degree programs, and each major area course must be completed with a grade of "C" or better to count toward degree requirements.

If needed, English, reading, and mathematics placement tests determine which, if any, developmental education courses are required. Students placing into these courses must pass them prior to enrolling in any course at the 200 level or above. Developmental education courses carry institutional credit only and do not count toward degree requirements for graduation. Computer Literacy is a General Education prerequisite. Students with computer experience will have the option of completing a free placement exam to waive this prerequisite.

Business Principles (BSAD 110) is a Business Core prerequisite. Transfer students with the equivalent of four business courses are not required to take Business Principles.

All students are required to pass College Writing (COMM 120), Learning Strategies (PF 321), and either Speech Communication (SPCH 100) or Interpersonal Communication (COMM 150) prior to enrolling in any course at the 200 level or above. PF 321 must be taken prior to the first BLF course, or it may be taken concurrently with the first 15-week BLF course. General Education courses must be selected from science, math, social and behavioral science, humanities, economics, communication or professional foundations. Students must also meet the University algebra competency requirement.

The Financial Management Program also offers an Associate of Science Degree, Subsequent Bachelor of Science Degree, Minor and Joint Programs of Study: B.S., Financial Management/MBA.