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Undergraduate

Finance

The Finance program at Assumption helps students understand the structure of the global financial system and its impact on society, while learning the tools of financial decision-making.

What is Finance?

The financial sector consists of institutions (ranging from banks to insurance companies to the Federal Reserve) that channel funds to different private and public needs for capital.  The financial sector thus impacts everyone, shaping important decisions at every level of society, from households paying for college to trade between nations. And the finance field needs smart, ethical professionals to make it all work. 

Why Study Finance at Assumption?

Earning a finance degree at Assumption University will provide you with a better understanding of how capital is allocated as well as the acumen you’ll need to set yourself apart as a job candidate or to further your studies in graduate school. Finance majors at Assumption have the opportunity to experience a variety of experiences in the financial field, both in and outside of the classroom. From internships at global and local firms to real-world investment trading through the Greyhounds Investment Club, this major at Assumption is designed to provide you with the skills and knowledge to succeed in diverse industries.

Program Contact

Smriti Rao, Ph.D

Department Chair, Economics, Finance and Accounting, Professor of Economics, Global Studies Program Director
508-767-7565 Tsotsis Family Academic Center - Room 229

Program Curriculum

  • First Year

    ECO 110 Principles of Microeconomics
    ECO 111 Principles of Macroeconomics
    ACC 125 Principles of Accounting I
    ACC 126 Principles of Accounting II
    MAT 117 or MAT 131 Calculus

    Sophomore Year

    EGO 115 Statistics
    MGT 100 Introduction to Management
    FIN 325 Financial Management I

    Junior Year

    FIN 326 Financial Management II
    FIN 357 Investment Theory
    FIN 358 Investment and Securities Valuation
    FIN 330 Financial Modeling
    Finance Electives (2) (One or both can be taken Junior or Senior Year)

    Senior Year

    400 level FIN
    Finance Electives (2) (One or both can be taken Junior or Senior Year)

    One 400 Level FIN course

    *This is a suggested sequence. Students should pay close attention to prerequisites and sequencing of courses.

  • Students who intend to seek employment in business after graduation might consider completing a minor in finance.

    Required Courses

    ECO 115 Statistics
    MAT or 131 Calculus
    FIN 325 Financial Management I

    Three of the following. At least two must have FIN designation

    ECO 329 Monetary and Financial Institutions
    ECO 354 International Finance
    FIN 326 Financial Management II
    FIN 330 Financial Modeling
    FIN 357 Investment Theory
    FIN 358 Investment and Securities Valuation
    FIN 410 Cases in Financial Management
    FIN 420 Applied Security and Portfolio Analysis
    FIN 430 Financial Econometrics

    Notes

    • ECO110, ECO111 and ACC125 are prerequisites for FIN 325.
    • ACC126 is also highly recommended for finance minors.
    • While students are free to choose any courses from the list, they can tailor the minor to fit their interests by choosing courses as suggested below
    • Overview of finance: ECO329 or ECO354; FIN326, FIN357
    • Non-financial firm (corporate) perspective: FIN326, FIN330 and FIN410
    • Investments perspective: FIN357 followed by FIN 358 followed by FIN420
    • Quantitative skills: FIN330 and FIN430 (ECO215 prerequisite)

    Students should take careful note of prerequisites and course timing and plan accordingly

    Course Descriptions

Faculty

Colleen A. Fahy, Ph.D
Professor of Economics
Demetrius Kantarelis, Ph.D
Professor of Economics
Michael D. McKay
Adjunct Faculty
Smriti Rao, Ph.D
Department Chair, Economics, Finance and Accounting Professor of Economics Global Studies Program Director
Brian Volz, Ph.D.
Associate Professor of Economics
Thomas White, Ph.D.
Professor of Economics
Olivia Wu, Ph.D., CFA
Assistant Professor of Finance

Experiential Learning

Assumption's Rome Campus

At Assumption's campus in Rome, Italy, the city and the country become your classroom through daily and weekend-long excursions throughout "the eternal city" and the Italian countryside. This unique study abroad experience will enrich your academic and cultural pursuits as you walk in the footsteps of emperors and gladiators then enjoy delectable Italian cuisine or perhaps a cappuccino after class in a local cafe. (Did you know that your financial aid follows you to Rome?)

Explore the Rome Campus

Learn the Skills Employers Seek

Faculty/Student Research

The Assumption curriculum encourages scholarly and real-world experience. With hands-on research conducted alongside faculty mentors, students gain a depth of knowledge and skills that lead to professional success and personal fulfillment.

Study Abroad

At Assumption University, the world is your classroom. Students can study and explore abroad in over 50 places from Vienna, to England, South Africa, and even our own campus in historic, yet modern, Rome, Italy. Assumption’s study abroad program offers culture, history, and a living classroom for all.

Internships

Assumption starts planning for your future the day you arrive on campus. Our Career and Development Internship Center helps students secure exciting and fulfilling internships where you’ll apply knowledge obtained in the classroom in a professional setting, preparing for a future career or additional study. Assumption connects students to internship opportunities in corporations, government agencies, research hospitals, non-profit organizations, and more.

First-rate Academics in a Catholic University Setting

Assumption University awakens in students a sense of wonder, discovery, and purpose, forming graduates known for their intellectual seriousness, thoughtful citizenship, and devotion to the common good. Students are provided an education that shapes their souls, forms them intellectually, and prepares them for meaningful careers. Enlivened by the harmony of faith and reason, here, students’ minds and hearts are transformed.


Assumption is dedicated to providing a clear understanding of what your education will cost

We’ll help cut through the complexity of financing your education, ensuring you understand what you need, how to apply for aid, and what’s expected of you. You will be assigned a personal financial aid advisor who will guide you through the process and answer all of your financial aid-related questions.