Finance B.S. and Minors
A Common Denominator for Numerous Careers
Finance is a dynamic and exciting field. A degree in finance is a common denominator among many of those who work on Wall Street as analysts, bankers or fund managers. Likewise, many of those employed by commercial banks, insurance companies and other financial service providers have college backgrounds in finance.
What to Expect from the Program
Finance typically focuses on the study of prices, interest rates, money flows and the financial markets. Financial planning, investment decisions and analyzing/limiting expenses are all various aspects of what you will learn as a finance major. You will study how companies have performed in the past to predict how they will perform in the future and learn how to communicate information that will drive strategic change. RIC's program is accredited by the International Accreditation Council for Business Education, an affiliate of Chartered Financial Analyst and a Bloomberg Experiential Learning Partner institution.
More course and program information, including an Academic Rhode Map, which lists all the courses you will need to complete this program and graduate in a timely fashion:
Upon completion of this program, students will demonstrate:
- an understanding of the core knowledge of the discipline
- the ability, both independently and in groups, to find relevant financial data and use it appropriately, including statistical and other quantitative analysis
- the ability to read, comprehend, synthesize and critically evaluate financial literature
- the ability to write in a manner appropriate to the discipline, and critically evaluate their own work and the work of others
- the ability to communicate their knowledge in oral presentations
- those students who wish to attend graduate school will be prepared to do graduate-level work
- those students who seek employment will find their training in finance to be useful
Writing in the Discipline
Why or in what ways is writing important to your discipline/field/profession?
Finance is a highly quantitative field based on theory. Students graduating from our programs have to be able to think both quantitatively and qualitatively. They should then be able to communicate information to a variety of stakeholders (colleagues, management teams, interested public, etc.) in a way that effectively aids sense making and supports sound decision making. Writing is essential to this process. Without effective writing, students will not be able to distill theory and data into a crucial decision-making tool for the varied audiences for whom they will be writing.
Which courses are designated as satisfying the Writing in the Discipline (WID) requirement by your department? Why these courses?
Our department has designated the following courses as Writing in the Discipline courses for the finance program:
ENGL 230: Workplace Writing
FIN 423: Financial Markets and Institutions
FIN 461: Seminar in Finance
FIN 463: Seminar in Portfolio Management
In these courses, students engage with course material in a way that improves their critical-thinking skills based on financial data and business cases. They utilize different forms of writing and receive feedback to improve their communication skills.
What forms or genres of writing will students learn and practice in your department’s WID courses? Why these genres?
In WID courses, students practice such forms of writing as memos, business reports, research reports and term papers. These forms of writing align students’ skills with program goals and prepare them for the kinds of writing they are likely to encounter and produce after graduation.
What kinds of teaching practices will students encounter in your department’s WID courses?
Students receive ongoing feedback on their writing in all departmental WID courses. This direct engagement with faculty allows students to improve as writers. Cases drawn from various subfields of finance encourage students to think about the discipline in more depth. Blogs written on the most current financial market events nudge students with what’s going on in the markets and tie these to ongoing course discussions.
When they’ve satisfied your department’s WID requirement, what should students know and be able to do with writing?
After completing their WID courses, finance majors should be able to produce reports, memos, presentations and similar business communication documents that combine theory and empirical data to make clear and sound arguments that will facilitate decision making by a range of stakeholders.
Minors in Finance and International Business
Declaring a minor allows you to explore other areas of interest and make interdisciplinary connections. Minor areas at RIC complement and reinforce all major areas of study. By declaring a minor, you can set yourself apart as a candidate for job, internship and volunteer opportunities.
Department of Economics and Finance
The Department of Economics and Finance focuses on how businesses, governments, institutions and even individuals make decisions about spending and policy.
- placeAlger Hall 203