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Finance

B.S. Finance

» Department of Business   » College of Business & Economics


  • INTRODUCTION
  • WHAT IT TAKES
  • WHAT PEOPLE DO
  • GET INVOLVED
  • FACULTY
Students walking on campus

In today's volatile financial world, people rely on professionals to help them wisely invest and manage money. With a Bachelor of Science in Finance from the University of Idaho, you'll have the expertise and broad business understanding to develop and manage effective financial strategies for clients and organizations, ranging from individual investors to entrepreneurial startups to billion-dollar corporations.


As a finance major, you will have the chance to invest real money through our student-managed portfolios. Our sophisticated trade room, dubbed Wall Street at Idaho, gives you firsthand experience in trade technologies, and practice in investment, financial analysis, valuation, and wealth and risk management. You will learn how to effectively manage finances for individuals, small and large businesses, nonprofit organizations and government agencies.


As a student in the College of Business and Economics, you will learn business the way business is actually done in the real world. You will examine issues relevant in today’s market and engage in hands-on programs that simulate real business situations. You’ll closely collaborate with other students, receive personal mentorship from top business faculty and network with practicing professionals.


The acclaimed Integrated Business Curriculum (IBC) is the college's signature program. In your junior year, you will work as part of a team with other business students to address problems for companies such as Boeing, Micron, Starbucks, Columbia Sportswear and Coldwater Creek. The yearlong experience strengthens your teamwork and decision-making skills, and gives you valuable cross-functional knowledge in business systems, product and process planning, managing firm resources and business operating decisions.


Several students meeting at the College of Business and Economics

Prepare for Success

A successful career in finance requires a talent with numbers, as well as excellent communication and interpersonal skills. You must be a good problem solver, inquisitive by nature, and able to research and analyze complex information to develop practical financial strategies. If you are interested in becoming a finance major, prepare with high school courses in math, accounting and any course that improves your interpersonal communication skills.



Finance Program News – Bloomberg Assessment Test (BAT) Results
:  Eleven (11) finance majors took the Bloomberg Assessment Test in December 2011, and the results are in! Our students did very well, and many thanks to Terry Grieb for facilitating the BAT for our students.  Details of our students’ BAT average scores relative to test takers from the U.S. and around the world are shown in the following table.

Sections

Average Scores of Test Takers from the

11 UI Finance Majors

U.S.

World

Financial Knowledge and Aptitude

Corporate valuation

67%

52%

50%

Economics

46%

53%

51%

Financial Markets

64%

49%

46%

Financial Statements Analyses

66%

56%

54%

Investment Banking

55%

46%

44%

Investment Management

51%

44%

40%

Career Skills

Analytical Reasoning

43%

50%

56%

Math Skills

50%

60%

62%

Modeling Skills

62%

58%

58%

Verbal Skills

76%

62%

60%

Situational Judgment

72%

67%

65%

Overall

60%

54%

52%

 


Your First Year

During your first year in the College of Business and Economics, you will complete core discovery courses and general university requirements in English, math, science and communication. You also will take Business 100, an introductory course to all business majors.

You will take foundation business courses during your second year in the program and spend your junior year working as part of a small team with other business majors in the Integrated Business Curriculum. Your fourth year will include an intensive capstone course and upper-division finance courses.

Finance Curriculum Sheet


What You Can Do

With a degree in finance, you might become a:

  • Bank manager
  • Chief financial officer
  • Entrepreneur
  • Credit analyst
  • Investment banker
  • Stockbroker
  • Financial analyst
  • Commercial loan officer
  • Portfolio manager
  • Sector research analyst


Faculty teaching

Opportunities

A finance degree opens doors to challenging and rewarding career opportunities. Many top executives of major United States companies have backgrounds in finance. Recent program graduates have a reported average starting annual salary of $47,000. Our graduates are actively recruited by major companies, including:

  • Washington Mutual
  • Wells Fargo Financial
  • Schweitzer Engineering Laboratories
  • Micron Corporation
  • TradeLink
  • CapRock
  • Boeing


Current Research

Faculty in the College of Business and Economics are nationally and internationally recognized for expertise in financial management and investment. Members of the finance faculty are engaged in research in behavioral finance, emerging and mature markets, options trading, portfolio management, risk management and security analysis.


Two student talking over coffee

Hands-On Experience

In the College of Business and Economics (CBE), you will have hands-on experiential learning opportunities to ens ure your readiness for the real business world. These interactive programs give you practical experience and business know-how that will set you apart. Our signature programs include:

  • Student-Managed Funds: Students have opportunities to invest real money. The Davis Investment Group portfolio valued at more than $550,000 is managed by students. The D.A. Davidson program is a $50,000 portfolio managed by students in the Security Analysis and Portfolio Management courses.
  • Integrated Business Curriculum: The program revolutionizes the traditional model of teaching business in standalone classes and emphasizes a more realistic approach to business education. The innovative yearlong program brings together juniors in all business majors to address real issues.
  • VIEW Entrepreneurship program: Vandal Innovation and Enterprise Works (VIEW) provides opportunities for you to create and pursue new business ideas and build entrepreneurship skills. The program is available to all majors and hosts an annual competition for teams of student entrepreneurs.
  • Vandal Solutions: A nonprofit, student-operated company that gives you practical business experience, while offering the university and local businesses market research, Secret Shoppers and feasibility studies. Proceeds benefit university programs and activities.
  • Barker Trading Room: Students gain practical experience in this sophisticated trading room outfitted with 60-inch plasmas tuned to CNBC, a real-time trade station and current technologies. 
  • International Experiences: Discover business globally by studying abroad for a semester or accompanying our faculty on one of several CBE student international trips.
  • Internships: Gain valuable on-the-job experience through quality internships with major employers.


Facilities

J.A. Albertson Building is home to the College of Business and Economics. Here students learn in technologically advanced classrooms featuring smart boards and wireless connectivity.



Ray Dacey
Raymond Dacey, Ph.D.
Professor of Finance and of Statistics and Adjunct Professor of Philosophy
Ph.D. 1970 Purdue University
Areas of Expertise: finance, general decision teory, international relations, the philosophy of science.
Office: ALB 217 | Phone: (208) 885-7345 | Email: rdacey@uidaho.edu
» View Raymond Dacey's Profile
Terry Grieb
Terrance Grieb, Ph.D.
Professor of Finance
Ph.D. 1996 University of Cincinnati
Areas of Expertise: Financial markets, financial institutions, and derivative securities.
Office: ALB310 | Phone: (208) 885-7140 |Email: tgrieb@uidaho.edu
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Tom Liesz
Thomas Liesz, Ph.D.
Instructor of Finance
Ph.D. 1989 University of Idaho
Office: ALB211 | Phone: (208) 885-5447 |Email: tliesz@uidaho.edu
» View Thomas Liesz's Profile
Business Faculty Young Park 116 size
Young Park
Assistant Professor of Finance
Ph.D. 2009 Temple University
Office: ALB120 | Phone: (208) 885-7154 | Email: youngpark@uidaho.edu
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Mario Reyes
Dr. Mario Reyes
Dean and Professor of Finance
Ph.D. Finance, University of Arkansas
Office: ALB301 | Phone: (208) 885-7146 | Email: mreyes@uidaho.edu
» View Mario Reye's Profile