UTexas

Finance

Finance is the study of resource allocation—the process, markets, institutions, and instruments that provide for the transfer of money and wealth. The finance degree program offers students an opportunity to study the finance function in the business firm, the financial services firm, and the financial system.

The finance major presents students with the theoretical framework and analytical tools and techniques to handle a variety of finance and business functions. 

Finance majors may specialize further by completing the Financial Analyst Program (FAP). This one year program allows competitively selected business students to work closely with finance faculty members and industry professionals to develop their skills and experience as analysts. The program may be combined with any of the finance options. More information about FAP is available in the Department of Finance office and at their website.

The requirements of the Finance major are:

  1. The Core Curriculum and the BBA Degree Requirements
  2. Accounting 326, Finance 367, 374C and 370 (may fulfill writing and independent inquiry flags)
  3. Only one independent study may be counted toward the finance major
  4. One of the following tracks:
    1. Finance
      1. Nine semester hours of upper-division coursework in finance; up to six hours may be taken in real estate. The following courses may not be used to fulfill this requirement: Finance 337T, 357, 367, 374C, and 370. Finance 377 (Topic 2: Financial Risk Management) and 377 (Topic 5: Energy Financial Risk Management) may not both be used. Finance 377 (Topic 3: Security Analysis) is open only to students in the Financial Analyst Program.
    2. Energy Finance, Law and Science
      1. Finance 377 (Topic 5: Energy Financial Risk Management)
      2. Two of the following courses: Finance 321K, 366P, 371M, 372T, 373, 374S, 376, 377 (Topic 1: Portfolio Analysis and Management), 377 (Topic 3: Security Analysis), 377 (Topic 4: Financial Analysis)
      3. Geological Sciences 303, 401, or 420H; also fulfills one class of the part I sequence of the core curriculum science and technology requirement, or all of part II
      4. Business, Government, and Society 372T (Topic 10: Nontechnical Exploration and Production)
      5. Legal Environment of Business 372T (Topic 4: Oil and Gas Law) or Petroleum and Geosystems Engineering 379 (Topic 8: Oil, Gas, and Mineral Law)
      6. Geological Sciences 316P; this class cannot satisfy any core curriculum science and technology requirements or Finance 337T (Topic 1: Valuing Natural Resources)
      7. Note:  Students in this track do not take 9 hours of free electives; those are fulfilled by Business, Government, and Society 372T (Topic 10: Nontechnical Exploration and Production), Legal Environment of Business 372T (Topic 4: Oil and Gas Law), and either Geological Sciences 316P or Finance 337T (Topic 1: Valuing Natural Resources)
      8. Note:  Finance majors who select the Energy Finance, Law and Science track cannot pursue the Energy Management minor.
  5. Additional elective coursework, if necessary, to provide a total of at least 120 semester hours