Finance Major / Minor
The Finance Major is a demanding program that prepares students to play an important role in the financial industry. The profession is divided into two main fields. Investments deal with the accumulation of surplus funds in the economy for transfer to individuals and businesses in need of additional capital. Professionals spend their time designing, pricing, and trading investment instruments such as term deposits, stocks, bonds, and asset-backed securities to aid in the flow of funds. Some of our economy's biggest corporations, including banks and insurance companies, serve as intermediaries in this process.
The other side of the industry is managerial finance. Professionals here arrange needed financing for an organization's daily operations and future growth. Sources of capital such as lines of credit, corporate paper, term loans, mortgages, bonds, leases, venture capital, and IPOs are used to finance seasonal build-ups in working capital and major asset purchases. In doing this, financial managers are careful not to expose the organization to unacceptable levels of risk by engaging in excessive borrowing or leaving exposures to currency or interest rate fluctuations unhedged.
Upon graduation, an increasing number of students are going on to complete a professional designation such as the Chartered Financial Analyst (CFA), Certified Financial Planner (CFP) or Associate of the Institute of Canadian Bankers (AICB). Pursuing a graduate degree is also a possibility for those with strong quantitative skills who are considering careers in teaching or research.
Major Requirements
BBUS 3120 - Intro to Financial Management
BBUS 3140 - Financial Statement Analysis
BBUS 3150 - Investments 1
BBUS 4150 - Investments 2
Plus at least five electives:
BBUS 3260 - Taxation for Decision Making
BBUS 3450 - Professional Selling
BBUS 4120 - Business Valuation and Restructuring
BBUS 4130 - Advanced Financial Management
BBUS 4140 - Personal Financial Management
BBUS 4160 - Portfolio Management
BBUS 4170 - Risk Management and Financial Engineering
BBUS 4180 - International Financial Management
BBUS 4190 - Financial Institutions Management
Recommended Electives:
CFA Track – BBUS 4120, BBUS 4130, BBUS 4160, BBUS 4170, BBUS 4180, BBUS 4190
CFP Track – BBUS 3260, BBUS 3450, BBUS 4140, BBUS 4160, BBUS 4170
AICB Track – BBUS 4130, BBUS 4140, BBUS 4170, BBUS 4180, BBUS 4190
Minor Requirements
For those students only wanting an exposure to finance, a Finance Minor is also available.
BBUS 3150 - Investments 1
Plus three of:
BBUS 3140 - Financial Statement Analysis
BBUS 3260 - Taxation for Decision Making
BBUS 4120 - Business Valuation and Restructuring
BBUS 4130 - Advanced Financial Management
BBUS 4140 - Personal Financial Management
BBUS 4150 - Investments 2
BBUS 4160 - Portfolio Management
BBUS 4170 - Risk Management and Financial Engineering
BBUS 4180 - International Financial Management
BBUS 4190 - Financial Institutions Management
Typical Job Titles
- Corporate Loans Officer
- Personal Financial Advisor
- Equity Analyst
- Fixed Income Analyst
- Portfolio Manager
- Chief Financial Officer
- Stock Broker
- Investment Dealer
- Treasury Manager
- M&A Specialist
Other Professional Designations