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UIC Finance Major Requirements

A Finance major at the University of Illinois at Chicago (UIC) provides students with a strong foundation in financial principles, preparing them for careers in corporate finance, investment management, banking, and other related fields. The program blends theoretical knowledge with practical application, emphasizing analytical and problem-solving skills.

Core Curriculum

All UIC Finance majors must complete a set of core courses designed to provide a comprehensive understanding of business fundamentals. This includes courses in:

Financial Accounting (ACTG 210): Covers the fundamentals of accounting principles and financial statement preparation.
Managerial Accounting (ACTG 211): Focuses on the use of accounting information for internal decision-making.
Business Statistics (IDS 270 or equivalent): Introduces statistical methods relevant to business analysis.
Microeconomics (ECON 120): Covers the principles of individual decision-making and market behavior.
Macroeconomics (ECON 121): Focuses on the aggregate economy, including topics such as inflation, unemployment, and economic growth.
Business Law (BLAW 201): Provides an overview of legal principles relevant to business operations.
Introduction to Information and Decision Sciences (IDS 201): Introduces fundamental concepts of information systems and decision-making processes.

Finance Major Specific Requirements

In addition to the core curriculum, Finance majors must complete a set of courses specifically tailored to the field of finance. These typically include:

Principles of Finance (FIN 300): Introduces the core concepts of finance, including time value of money, risk and return, and capital budgeting.
Financial Markets and Institutions (FIN 310): Explores the structure and function of financial markets and institutions.
Investments (FIN 320): Covers the principles of investment analysis and portfolio management.
Corporate Finance (FIN 330): Focuses on financial decision-making within corporations, including capital structure, dividend policy, and mergers and acquisitions.
Financial Modeling (FIN 301): Teaches the practical application of financial concepts by building financial models for valuation, forecasting, and other analyses.

Electives

Finance majors have the opportunity to tailor their education by selecting elective courses within the finance department. These electives allow students to specialize in areas of interest, such as:

International Finance
Real Estate Finance
Financial Derivatives
Behavioral Finance
Fixed Income Securities

Additional Requirements

Beyond the coursework, UIC Finance majors must also meet general university requirements, including:

Minimum GPA: A minimum overall GPA and a minimum GPA in finance courses are typically required. Check the UIC Business School website for current GPA requirements.
Credit Hours: A specified number of credit hours must be completed to graduate.
General Education Requirements: Students must fulfill the university’s general education requirements, which cover a broad range of subjects.

It is highly recommended to consult with an academic advisor in the UIC Business School to ensure that all requirements are met and to develop a personalized academic plan. Requirements are subject to change, so referring to the official UIC website or catalog is crucial for the most up-to-date information.

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