Associate in Science in Business Administration: Finance Option
Division of Business — Curriculum Code: 2016
Will Earn Upon Program Completion: Associate in Science (A.S.) Degree
Why major in Business Administration – Finance Option?
This program is to prepare individuals to pursue careers in banks, insurance companies, brokerage houses, and other financial institutions. It is also to help students identify and value resources both in their current and future use. Students will acquire knowledge that will enable them to work as junior loan officers, assistant credit managers, financial planners, investment bankers, security brokers and back office managers. They will gain sufficient knowledge of the business world to enable them to function effectively in corporations of any size, non-profit organizations, and government agencies. Students will be prepared to pursue higher levels of study in a 4-year institution in the area of finance or related disciplines.
If I major in Business Administration – Finance Option, can I transfer to an upper division college or university?
Certainly! The major is designed for transfer to a baccalaureate program. Many colleges and universities will apply most or all the courses you have taken toward a bachelor’s degree.
Are there any requirements I must satisfy before I start taking courses in my major?
Based on your placement test scores, you may have to take developmental courses in reading, English, and/or mathematics before taking the core curriculum courses in your major.
How long will it take for me to complete this degree?
If you do not need developmental course work and you register for an average of 16 credits each semester, you can complete the degree in two years. You may shorten the amount of time by taking courses in the summer and winter sessions.
Where should I direct specific questions about this program?
Visit the Business Division in the Green Area of the Main Campus or Call us at (973) 877-3222.
Upon completion of this program, graduates will be able to:
Identify the fundamental components of finance and the importance of each of them in the financial environment;
Demonstrate knowledge of financial markets and financial institutions;
Explain the purpose and basic operation of the Federal Reserve System and central banks in general, and the application of monetary policy to manage the money supply;
Evaluate the effect of monetary policy on output and prices using an analysis of aggregate demand and supply;
Explain how to apply various strategies in the management of financial investment portfolios in order to optimize profits (and minimize taxes) within acceptable risks;
Evaluate the common debt and equity securities and analyze the relative risks and returns associated with each;
Identify and explain the key elements of the international financial markets; and
Communicate effectively with accurate ‘business’ terminology in written and/or oral form, with a demonstrated proficiency in the use of technology.
GENERAL EDUCATION REQUIREMENTS:
Written & Oral Communication (6 credits)
ENG 101 College Composition I (3 credits)
Quantitative Knowledge & Skills (11 – 12credits)
Choose two of the following courses (3 or 4 credits each): MTH 100, MTH 101, MTH 113, MTH 114, MTH 119 or MTH 127
Choose one Lab Science course (4 credits): BIO 101 or higher, CHM 101 or higher, or PHY 101 or higher
Society & Human Behavior (6 credits)
ECO 101 Principles of Economics I (3 credits)
Historical Perspective (3 credits)
Choose one of the following history courses: HST 101 or higher
MAJOR COURSE REQUIREMENTS:
FIN 101 – Introduction to Finance (3 credits)
ADDITIONAL COURSE REQUIREMENTS:
BUS 101 Business Org. & Management (3 credits)
Total Credits Required for Degree: 64-65