Bachelors of Actuarial Science
The Actuarial Science program at Franklin College provides a comprehensive foundation i...
Bachelors of Business - Finance
Franklin, Indiana
INTAKE: Jan & Aug
Program Overview
The Finance concentration within Franklin College's Bachelor of Business program offers a comprehensive understanding of financial principles and practices. It explores topics such as investment analysis, financial markets, risk management, and corporate finance, providing a solid foundation for a career in finance. The program is designed to develop students' ability to calculate financial strategies and apply concepts from economics, finance, and business to real-world problems. It specifically stresses both financial economics (understanding trader behavior and price formation in financial markets) and financial management (devising strategies to attain financial goals for businesses). Students can often choose between a business applications track and an economic policy applications track, allowing for specialization.
Curriculum: The curriculum for the Bachelor of Business - Finance is structured to provide a strong core in business fundamentals alongside specialized finance coursework. Foundation courses include Financial Accounting, Managerial Finance, Personal Finance, Principles of Macroeconomics, Principles of Microeconomics, and Introduction to Statistics. Specialized finance courses delve into areas like Investments, Financial Institutions, and potentially International Business & Finance or Principles of Risk and Insurance, depending on the chosen track. The program also integrates practical learning through case studies, simulations, and experiential learning, where students might analyze real company financial performance or participate in simulated business environments. This ensures that students develop both theoretical knowledge and practical application skills.
Research Focus: While primarily a professional degree, Franklin College's Finance program integrates "applied research" through its emphasis on analysis and problem-solving. Students are trained to research and analyze investments, stocks, and the financial performance of real companies. Courses often involve examining case studies where students apply financial theories and tools to understand and recommend solutions for complex financial challenges. The capstone experience, such as a Strategic Implementation Project, often involves collaborating on simulated business environments or working with real-life data sets as financial management consultants, conducting ratio analysis, financial statement projections, and assessing capital structures. This rigorous, hands-on approach to problem-solving mirrors real-world financial research.
Industry Engagement: Franklin College places a high priority on preparing its finance graduates for the marketplace through significant industry engagement. A mandatory internship is required for all business majors, and students are often encouraged to complete multiple internships during their Immersive Terms or summer breaks. These experiences provide invaluable supervised professional training in actual work environments, allowing students to apply classroom learning and build professional networks. Faculty, many of whom have professional experience in finance, actively connect students with employers and guide them. Additionally, business and finance clubs, along with events that bring business executives and alumni to campus, provide ample opportunities for students to develop professionalism, poise, and direct industry interaction.
Global Perspective: The field of finance is inherently global, with interconnected markets and economies across the world. Franklin College's Bachelor of Business - Finance program aims to prepare graduates to "respond to a rapidly changing global economic situation" and succeed in "today's highly globalized and technological world." As a liberal arts institution, Franklin College actively promotes global education through various study-away opportunities, including month-long Immersive Term study-away courses and semester-long programs at partner universities worldwide. While specific global finance courses might not be extensively detailed, these institutional avenues allow students to gain firsthand exposure to international financial environments, diverse business practices, and global economic challenges, broadening their understanding of international trade, investments, and financial regulations, thus preparing them for an interconnected professional world.
Location
Franklin, Indiana
Score
IELTS 6.5
Tuition Fee
USD 40010
Undergraduate Entry Requirements
Application Fee: $40
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Franklin College offers a range of scholarship opportunities to support international students in pursuing their academic goals. These scholarships are designed to recognize outstanding academic achievement, leadership qualities, and extracurricular involvement, making higher education more accessible and affordable for students from around the world.
Merit-Based Scholarships: International students are automatically considered for merit-based scholarships upon admission. These awards are competitive and primarily based on academic performance, standardized test scores, and personal achievements. Scholarships can significantly reduce tuition costs and may be renewable each year based on satisfactory academic progress.
Specialized Scholarships: In addition to general merit awards, Franklin College provides targeted scholarships for students excelling in specific fields such as science, arts, athletics, or community service. Some scholarships also focus on promoting diversity and inclusion by supporting students from underrepresented regions or backgrounds.
Franklin College's Bachelor of Business with a concentration in Finance provides a comprehensive and practical education, equipping graduates with the analytical skills and industry understanding necessary for successful careers across diverse financial sectors.
Financial Analyst: This is a core role for finance graduates. Financial analysts evaluate investment opportunities, assess the financial performance of companies, create financial models, forecast trends, and provide recommendations to guide investment and business decisions for corporations, investment banks, and asset management firms.
Investment Banking Analyst: This highly competitive role involves assisting with mergers and acquisitions (M&A), underwriting new securities issues, and providing financial advisory services to corporations and governments. It typically requires strong analytical skills, a high GPA, and a willingness to work long hours.
Personal Financial Advisor: Graduates can work with individuals to help them manage their finances, including budgeting, investment planning, retirement planning, insurance, and estate planning. This role often involves building long-term client relationships and may require specific certifications (e.g., CFP®).
Credit Analyst: Working for banks, credit unions, or other lending institutions, credit analysts assess the financial health and creditworthiness of individuals or businesses seeking loans. They analyze financial statements, economic indicators, and industry trends to evaluate risk and make lending recommendations.
Corporate Finance Analyst: These professionals work within a company's finance department, focusing on managing the organization's financial health. Responsibilities include budgeting, forecasting, capital expenditure analysis, cash flow management, and assisting with financial strategy.
Commercial Banking Officer/Analyst: Graduates can work in commercial banking, assisting businesses with their financial needs, including loans, lines of credit, and treasury services. This role often involves building client relationships and understanding various industries.
Wealth Management Associate: Working with high-net-worth individuals or families, wealth management associates help manage their assets, develop financial plans, and provide holistic financial advice. This can involve investment management, tax planning, and estate planning.
Risk Analyst: In financial institutions, insurance companies, or large corporations, risk analysts identify, assess, and mitigate financial risks, such as market risk, credit risk, and operational risk. They use quantitative methods and models to analyze potential exposures.
Loan Officer: Loan officers help individuals and businesses apply for and obtain various types of loans (e.g., mortgages, personal loans, business loans). They evaluate applications, explain loan terms, and guide clients through the lending process.
FinTech Business Analyst: With the rapid growth of financial technology, graduates can work for FinTech companies. They bridge the gap between finance and technology, helping to design, develop, and implement innovative financial products and services, often focusing on user experience and data-driven solutions.
