Finance

What is Finance?

Finance is the study of money, investments, financial transactions, financial instruments, and financial institutions.  It encompasses the study of how individuals and organizations allocate resources among each other and over time.  As such, it encompasses a broad range of topics, such as:

  • Asset pricing
  • Corporate finance
  • Financial markets and institutions
  • Financial risk management
  • Mergers & Acquisitions
  • Valuation
Get More Information

What is Finance?

Finance is the study of money, investments, financial transactions, financial instruments, and financial institutions.  It encompasses the study of how individuals and organizations allocate resources among each other and over time.  As such, it encompasses a broad range of topics, such as:

  • Asset pricing
  • Corporate finance
  • Financial markets and institutions
  • Financial risk management
  • Mergers & Acquisitions
  • Valuation
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Finance at Ave Maria University

In an age where society has “created new idols [and] the worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money” (Evangelii Gaudium), Ave Maria University’s Finance program stands apart by shaping leaders who are both highly skilled and mindful of the moral considerations in the field of finance.

Ave Maria University Finance students receive a rigorous foundation to stand out as highly competitive job candidates in the economy of tomorrow.  Through experiences such as internships, Finance students build on their classroom knowledge and graduate ready to excel beyond their peers in this competitive career market.

The program is oriented especially toward three types of careers: Corporate Finance, Wealth Management, and Financial Institutions. Finance students can progress through their courses and prepare for examinations and certifications including:

  • Securities Industry Essentials exam
  • Life and Health, and Variable Annuities Insurance “215” exam
  • Series 63 Securities Industry state law exam
  • Series 65 Securities Industry law exam
  • Chartered Financial Analyst exam

By equipping students for these industry recognized exams and certifications, AMU finance students enter the workforce at a level above their peers at other universities – as well as with a morally-centered approach to finance that recognizes the real, human, and personal impact of their work.

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MEET THE FACULTY

Associate Professor of Mathematics; Director of Actuarial Science Minor

Email:

peter.adamic@avemaria.edu

Phone:

(239) 304-7071

Office:

Canizaro Library 234

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Assistant Professor of Economics

Email:

zachary.bartsch@avemaria.edu

Phone:

(239) 304-7929

Office:

Prince 104

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Assistant Professor of Business and Psychology; Business Internship Coordinator

Email:

mary.hunt@avemaria.edu

Phone:

(239) 304-7128

Office:

Henkels 2030

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Associate Professor of Business and Finance

Email:

timothy.iijima@avemaria.edu

Phone:

(239) 304-7923

Office:

Henkels 2051

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Associate Professor of Practice in Accounting

Email:

kristen.logan@avemaria.edu

Phone:

Office:

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Professor of Mathematics

Email:

michael.marsalli@avemaria.edu

Phone:

(239) 280-1606

Office:

Henkels 3069

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Chair of the Economics Department; Associate Professor of Economics; Director of Online Education; Director of Global Affairs Program; Director of Managerial Economics and Strategic Analysis Program

Email:

gabriel.martinez@avemaria.edu

Phone:

(239) 280-1611

Office:

Prince 111

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Chair of the Business Department; Executive-in-Residence and Professor of Practice in Business; Director of Business B.A. Program; Director of M.B.A. Program

Email:

john.may@avemaria.edu

Phone:

(239) 280-1652

Office:

Henkels 2020

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Ungarino Associate Professor of Marketing and Entrepreneurship

Email:

peter.whalen@avemaria.edu

Phone:

(239) 280-1694

Office:

Henkels 2046

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FAST FACTS

INTERNSHIPS & CAREERS

Internships

Ave Maria University is fortunate to be connected to a strong, nationally-recognized network of business managers and CEOs who are looking for the skills and the virtues that characterize Ave Maria students.  We are very active in developing our students’ career potential, connecting them with suitable internships, and ensuring their success.

Careers in Finance

There are a number of careers open to Finance majors; some in the financial services industry, some in the finance functions of businesses, and others in consulting. Destinations of Ave Maria Finance majors include:

  • Corporate finance
  • Insurance and actuarial sciences
  • Banking
  • Investment banking
  • Strategy consulting
  • Risk management
  • Wealth management and mutual funds
  • Trading
  • Hedge funds and private equity
  • Real estate investment

For more information about careers in investments, see this article.  For information about careers in personal financial planning or corporate finance look at this one.

Affiliations

The Business Honor Society Sigma Beta Delta has a chapter at Ave Maria University, to which the top twenty percent of juniors and seniors are admitted.

REQUIRED COURSES

Typical Order of Required Courses for the Major

MATH 150 Functions

FINC 201 Fundamentals of Finance

ECON 201 Principles of Macroeconomics

ECON 202 Principles of Microeconomics

STAT 230 Applied Statistics

ACCT 201 Financial Accounting

BUSN 368 Quantitative Business Analysis

BUSN 303 Management and Ethics

BUSN 340 Business Law I

BUSN 490 Strategic Management/Business Capstone

Finance Courses (20 credits)

FINC 310 Advanced Corporate Finance

FINC 320 Banking, Financial Institutions, and Society

FINC 350 Security Analysis

FINC 355 Private Equity and Investment Banking (Formerly FINC 325)

Elective:  Any 4 credits from 200 level or higher Finance, Business, Accounting or Economics Courses

Required Courses for the Minor

MATH 150 Functions

FINC 201 Fundamentals of Finance

ECON 201 Principles of Macroeconomics

ECON 202 Principles of Microeconomics

FINC 310 Advanced Corporate Finance

FINC 320 Banking, Financial Institutions, and Society

Elective: Any 4 credits from 200 or higher level Finance courses

DEPARTMENTAL MESSAGE

Finance is built on the idea that time and uncertainty have value.  From this insight, derived from economics and expressed in a language that borrows from economics and accounting, a major in finance teaches students about corporate finance, investments, banking, and quantitative methods.  Students learn how corporations and organizations acquire funds and about how they use them, both for the short term and for the long term.  Students also learn how the financial system (financial markets and financial institutions) works and how it serves society by making funds available to those who can use them to create value.  A Finance major prepares its students to participate in this process of value-creation by giving them specific skills related to corporate financial management and investment analysis, including advanced quantitative skills.

The study of business is the study of innovation, creativity, and entrepreneurship that increases value for human life in broad terms.  Involving as it does an organic complex of personal orientation, analytical skills, specialized knowledge, and acquired habits, the study of business – as the study of what wealth is and how it is created by personal action and judgment – can be a noble and fulfilling path of undergraduate study.

Business is a practical endeavor. Indeed, business leaders constantly face critical issues that demand judgment calls, which puts a premium on the acquisition of the habit of prudent action acquired through professional formation, carried out through directed practice and mentoring. Ave Maria’s business education includes exposure and appropriate mastery of the specific knowledge and skills of business, learned in the courses that give students specialized abilities needed for success.

Our students learn the basics in a way that is practical and oriented towards what is necessary to actually run a business.  Our students develop and sharpen their skills in communication and analysis, in working with others and working with numbers, in seeing the big picture and in drilling down to details.  Our students learn how to think – how to think better, more broadly, more flexibly – which is the best preparation for the changing world of business.

Our majors emphasize analytical thinking and tools: the intellectual equipment and critical skills needed to understand and excel in business and in most other human endeavors.  Ave Maria students have the unique fortune of building on a foundation of a liberal education, an education on the basic realities about God and the world, man and his relationship with God and nature.  Through our liberal arts curriculum, students learn that reality is coherent and intelligible and grow in the habit – in the essential business skill – of looking for patterns and seeing the sense in the apparent contradictions of the world that surrounds them.

The Business program at Ave Maria aims to inspire students to become business leaders inspired by Christian ideals and governed by Christian ideas.  Relying on the Catholic faith lived intensely on campus and on the general intellectual formation of the Core Curriculum, what animates the program is the Catholic view of the human person, his nature, and his ultimate destiny.  The distinctive character of the program is its belief in the dignity of the human person, in the reality and importance of the common good, in subsidiarity and solidarity, in ownership as stewardship, and in responsibility for the environment.  Because students learn to value human beings for what they are, not for what utility they bring, they are able to serve the Church and their society loyally and generously.

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Finance

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