The Finance program at Eastern Kentucky University offers the following courses of study:

• B.B.A Finance – Business Finance concentration
• B.B.A Finance – Financial Planning concentration
• Certificate in Financial Literacy
• Minor in Personal Finance

The Business Finance Concentration (BBA)

The Business Finance Concentration should be selected by finance majors who are seeking a general degree or for students who are selected for our Evans Banking and Financial Services Program.  Students have flexibility with more electives in this concentration so a general finance degree can be obtained, or a degree with a concentration in Banking and Financial Services.

The Financial Planning Concentration (BBA)

The Financial Planning Concentration provides a broad education in finance. Courses include investments, portfolio theory, and advanced financial institutions in addition to advanced managerial finance and global financial management. This option prepares students for financial institutions management and financial investments management.

Add or change your major, minor, concentration, or certificate today!

Welcome, Industry Partners!

The Evans Banking Program at EKU seeks to build partnerships with firms in the banking, financial services, regulatory, consultant, and service provider sectors of the financial industry.

The Evans Banking and Financial Services Program is nationally recognized for academic excellence, and the only banking program in the nation that includes a unit on government relations in banking, and a certificate in financial technology & cybercrime. We are the prime source for talent in the banking industry in our region and we want to help your firm fill its talent needs.

We value your feedback on curriculum development to ensure that our curriculum content is current, taught by professors with industry experience, and prepares our graduates to face the current issues in the banking industry.

We can create specialized partnerships with our industry partners to provide opportunities to our students that would not otherwise be available to them. This includes guest speakers, student competition judges, student space and event sponsorships, named scholarships, professorships, and more!

Here are some ways to get involved with our program:

• Annual Banking and Finance Meetup (industry specific career fair)
• Classroom Guest Speaker
• Student Event Sponsor
• Named Scholarship Program

For more information or to get involved, contact Program Director Maggie Abney (Maggie.Abney@eku.edu).

Add or change your major, minor, concentration, or certificate today!

Banking and Financial Services (BBA)

The Banking and Financial Services concentration is an option for students pursuing a degree in Finance. This concentration will prepare students for a broad range of careers in commercial banking, investment banking, financial technology, bank consulting, bank regulation, and policy positions in federal and state government and other financial service providers.

In this program, students develop a strong foundation in economics, financial markets, investments, consumer and commercial credit analysis, bank management, community engagement, and customer relationship development.

Students in this program will have the opportunity to sit for the Credit Analysis Certification exam.

The Financial Planning Concentration provides a broad education in finance.

Courses include investments, portfolio theory, and advanced financial institutions in addition to advanced managerial finance and global financial management. This concentration prepares students for financial institutions management and financial investments management.

Career Possibilities in Financial Planning

Students graduating with a degree in Financial Planning are employed in diverse fields such as financial security brokerage, bank management, credit counseling, securities analysis, investment banking, and corporate management.

Career Possibilities in Banking and Financial Services

Position yourself for a high-paying career in banking.  Bank executives are actively recruiting management talent.  The banking industry is in need of fresh graduates with a banking background and an understanding of technology as the industry transforms through its most notable period of innovation in history.  Our Banking and Financial Services Program has built relationships with banks, federal agencies and bank technology firms, who value our student talent. Banks and other firms have created internship and scholarship programs for our students who wish to pursue careers in banking.  The EKU Banking and Financial Services Program focuses on experiential learning.  We hire professors with industry experience who truly care about your career success after graduation.  We teach real-world skills that employers value resume builders, including:

• Leadership positions in the EKU Finance Society Student Organization
• Experience with MorningStar Investments and Research Software in our state-of-the-art Financial Markets and Investments Lab for FIN 324 (Principles of Investments)
• Students become Certified in Credit Analysis by taking a certification exam at the end of Credit Analysis
• Experience with ProBanker Bank Management Simulation Software in Bank Management (FIN 437)
• Annual Banking and Finance Meetup event where students network with nationally recognized industry leaders in banking and financial services
• Research with high-performing students. Our Banking students have been recognized nationally for high-impact research.

The EKU Evans Banking and Financial Services program offers the following minor open to all majors:

Add or change your major, minor, concentration, or certificate today!

Minor in Banking and Financial Services (24 hours)

The minor in Banking and Financial Services provides students with an understanding of monetary policy and its impact on our economy, global financial markets and the structure and operation of financial institutions. Coursework prepares students to understand current events related to financial markets and institutions, how to optimally utilize the corporate and consumer products and services provided by financial institutions and management of financial institutions.

Students with a minor in financial services must earn at least 12 hours of the total hours at EKU and maintain a cumulative GPA of 2.0 in all courses comprising the minor.

This 24-hour minor includes the following courses:

Course Descriptions 

BUS 209 Fundamentals of Financial and Managerial Accounting. (3) I, II.

Prerequisite: BUS 101, MAT 105 or higher with at least a grade of “C”. Focuses on how creditors, investors, and others use accounting information in decision making. Includes objectives, preparation, and uses of managerial accounting information, along with use of accounting information to identify and solve business problems.

ECO 231 Principles of Macroeconomics. (3) I, II.
Prerequisite: completion of developmental requirements. For students with a composite ACT score of less than 21, completion of ECO 120 or 130 is strongly recommended prior to taking this course. Macroeconomic principles, including the study of measures of national economic performance, determinants of aggregate production, employment and prices, monetary and fiscal policy, balance of payments, economic growth and development. Gen. Ed. E-5B [SB].

ECO 324 Money and Banking. (3) A.
Prerequisite: ECO 231. Functions of money, monetary systems, history of banking, functions of the commercial bank, bank assets and reserves, loans and discounts, bank supervision, the Federal Reserve System, central banking policies, monetary and fiscal policies.

FIN 201 Personal Money Management. (3) I, II.
A consumer approach to insurance, family budgeting, income taxes, elementary investment principles, and estate planning. Credit will not be awarded for both FIN 201 and FRM 352.

FIN 304 Financial Institutions. (3) I, II.
Prerequisite: FIN 300. A survey of the evolution of financial institutions, including the impact of regulation and deregulation.

FIN 315 Financial Statement and Loan Analysis. (3) A.
Prerequisites: ACC 201, ECO 324, FIN 304A survey of financial technology and security in financial institutions, including math and technology basics, financial technology regulation, blockchain technology, financial institution cybersecurity across multiple platforms, internal controls, policy setting, third-party contract management. SURVEY, FIN 310 with a grade of “C” or better in each course.  This course introduces the fundamentals of financial analysis for the purpose of credit analysis from the perspective of commercial banks.  Students will learn from case studies adapted from real life examples to develop an understanding of credit risk, the development of lending policies and procedures, pricing loans and expectations of risk and return.

OR FIN 320 Financial Technology and Security. (3) I, II.
A survey of financial technology and security in financial institutions, including math and technology basics, financial technology regulation, blockchain technology, financial institution cybersecurity across multiple platforms, internal controls, policy setting, third-party contract management.

FIN 324 Principles of Investments (3) A.
Prerequisite: FIN 300 or 201 or 310 with a grade of “C” or better.  Analysis of the characteristics, valuation, and tax implications of various investments such as common and preferred stock; corporate, federal, and municipal debt; mutual funds; money market accounts; options and futures. Explores methods of trading securities.

FIN 437 Bank Management. (3) A.

Prerequisites: ACC 201, ECO 324, FIN 304, FIN 310, FIN 315 with a grade of “C” or better in each course. A synthesis of the financial concepts and theories learned in previous finance courses. The student will develop a quantitative and qualitative understanding of financial institutions management and how decisions are made. This course includes a bank management simulation activity.The minor in personal finance is designed to prepare students to make informed financial decisions regarding investments, mortgages, loans, retirement planning, etc.

The Financial Literacy Certificate Program will train students and community leaders to become certified financial literacy instructors who will be able to teach community members to make informed financial decisions and take better control of their financial futures.

The certificate in financial literacy is awarded upon successful completion of FIN 390s. The certificate includes the following courses:

Required Courses (12 hours)

ACC 200 or BUS 209, FIN 201, RMI 370, FIN 311 or ACC 322 or ECO 230.

Course Descriptions

ACC 200 Survey of Accounting. (3) I, II.
I, II. Cross listed with BUS 209. Prerequisite: MAT 105 or higher. Not for students majoring or minoring in the School of Business. Survey of foundational concepts in accounting for the user and the preparer of financial statements. Emphasis on (a) how business transaction impact financial statements and (b) measurement and behavior of costs to identify and solve business problems. Credit will not be awarded to both ACC 200 and BUS 209.

BUS 209 Fundamentals of Financial and Managerial Accounting
Prerequisite: MAT 105 or higher (with a grade of “C” or better). Course focuses on how creditors, investors, and others use accounting information in decision making. Includes objectives, preparation, and uses of managerial accounting information, along with use of accounting information to identify and solve business problems. Credit will not be awarded to both ACC 200 and BUS 209.

FIN 201 Personal Money Management. (3) I, II.
A consumer approach to insurance, family budgeting, income taxes, elementary investment principles, and estate planning. Credit will not be awarded to students who have credit for FRM 352.

RMI 370 Principles of Risk and Insurance. (3) I, II.
Formerly INS 370. Prerequisite: Sophomore Standing. Theory and practice of insurance and its economic and social significance; basic life, health, property, and liability insurance for organizations and families; review of the major lines of insurance. Credit will not be awarded to students who have credit for INS 370.

FIN 311 Personal Financial Planning. (3) I, II.
Prerequisites: BUS 302 or FIN 201 or FIN 300 or FIN 310 or FRM 352. Time value of money applications; personal financial statements development and assessment; cash flow and debt management; asset acquisition; education planning; planning elements of risk management; investment planning; and retirement planning.

ACC 322 Tax I. (3) I, II.
Prerequisite: ACC 200 or ACC 201 or BUS 209 with a grade of “C” or better and junior standing. Income tax legislation-Federal and State; returns for individuals; gross income; basis and determination of gain or loss; capital gains and losses; dividends, deductions; withholding. Credit will not be awarded for both ACC322 and ACC322S.

ECO 230 Fundamentals of Macroeconomics. (3) I, II.
Prerequisite: Completion of developmental requirements. For students with a composite ACT score of less than 21, completion of ECO 120 or 130 is strongly recommended prior to taking this course. Microeconomic principles, including the study of opportunity cost, consumer and producer choices, market demand and supply, pricing and resource allocation, comparative advantage and international trade. Gen. Ed. VB, VC, or VII (SBS).

The EKU Evans Banking and Financial Services program offers the following minor open to all majors:

Add or change your major, minor, concentration or certificate today!

Certificate in Banking and Financial Services (24 hours)

The Certificate in Banking and Financial Services provides students with an understanding of monetary policy and its impact on our economy, global financial markets and the structure and operation of financial institutions. Coursework prepares students to understand current events related to financial markets and institutions, how to optimally utilize the corporate and consumer products and services provided by financial institutions and management of financial institutions.

Students with a minor in financial services must earn at least 12 hours of the total hours at EKU and maintain a cumulative GPA of 2.0 in all courses comprising the minor.

Required Courses (24 hours)

ACC 200 or ACC 201 or BUS 209, ECO 231, ECO 324 or FIN 320, FIN 201, FIN 304, FIN 315, FIN 324, and FIN 437.

Course Descriptions 

ACC 200 Survey of Accounting. (3) I, II.
Cross listed with BUS 209. Prerequisite: MAT 105 or higher. Not for students majoring or minoring in the School of Business. Survey of foundational concepts in accounting for the user and the preparer of financial statements. Emphasis on (a) how business transaction impact financial statements and (b) measurement and behavior of costs to identify and solve business problems. Credit will not be awarded to both ACC 200 and BUS 209.

ACC 201 Introduction to Financial Accounting. (3) I, II.
Prerequisite: STA 215 or STA 270 or MAT 105 or higher. A user’s approach to understanding financial accounting and reporting, emphasizing how creditors, investors, and others use accounting information in decision making and why financial accounting information is important to these users.

BUS 209 Fundamentals of Financial and Managerial Accounting. (3) I, II.
Prerequisite: MAT 105 or higher (with a grade of “C” or better). Course focuses on how creditors, investors, and others use accounting information in decision making. Includes objectives, preparation, and uses of managerial accounting information, along with use of accounting information to identify and solve business problems. Credit will not be awarded to both ACC 200 and BUS 209.

ECO 231 Fundamentals of Macroeconomics. (3) I, II.
Prerequisite: completion of developmental requirements. For students with a composite ACT score of less than 21, completion of ECO 120 or 130 is strongly recommended prior to taking this course. Macroeconomic principles, including the study of measures of national economic performance, determinants of aggregate production, employment and prices, monetary and fiscal policy, balance of payments, economic growth and development. Gen. Ed. VB, VC, or VII (SBS).

ECO 324 Money and Banking. (3) A.
Prerequisite: ECO 231. Functions of money, monetary systems, history of banking, functions of the commercial bank, bank assets and reserves, loans and discounts, bank supervision, the Federal Reserve System, central banking policies, monetary and fiscal policies.

FIN 201 Personal Money Management. (3) I, II.
A consumer approach to insurance, family budgeting, income taxes, elementary investment principles, and estate planning. Credit will not be awarded to students who have credit for FRM 352.

FIN 304 Financial Institutions. (3) I, II.
Prerequisites: (ACC 201, ACC 200, or BUS 209) and FIN 201. A comprehensive overview of the financial institutions industry, with an emphasis on commercial banks.

FIN 315 Financial Statement and Loan Analysis. (3) A.
A. Prerequisites: FIN 304 with a grade of “C” or better in each course. This course introduces the fundamentals of financial analysis for the purpose of credit analysis from the perspective of commercial banks. Students will learn from case studies adapted from real life examples to develop an understanding of credit risk, the development of lending policies and procedures, pricing loans and expectations of risk and return.

FIN 320 Financial Technology and Security. (3) I, II.
Prerequisites: ACC 200 or BUS 209 and FIN 304 with a minimum grade of “C”. A survey of financial technology and security in financial institutions, including math and technology basics, financial technology regulation, blockchain technology, financial institution cybersecurity across multiple platforms, internal controls, policy setting, third-party contract management.

FIN 324 Principles of Investments (3) A.
Prerequisite: BUS 302 or FIN 300 or FIN 201 or FIN 310 with a “C” or better. Analysis of the characteristics, valuation, and tax implications of various investments such as common and preferred stock; corporate, federal and municipal debt; mutual funds; money market accounts; options and futures. Explores methods of trading securities.

FIN 437 Bank Management. (3) A.
Prerequisite: FIN 304 with a grade of “C” or better. A synthesis of the financial concepts and theories mastered in previous finance courses. The student will develop a quantitative and qualitative understanding of financial institutions management and how decisions are made. This course includes a bank management simulation activity.