Admission Requirements

Admission to the honors program in finance is dependent on a student's academic performance through the winter quarter of the junior year. The honors program requires that students have:
 
  • An overall GPA of 3.300 or better
  • Earned a B+ or better in FIN 310
  • Officially declared finance as a major

Students with an overall GPA of 3.300 and a minimum grade of B+ in FIN 310 may apply for admission into the program. The admissions committee will consider the student’s GPA, grade in FIN 310 as well as other evidence of superior academic performance for admission into the program.

Declaration Requirements

To declare a major in Finance Honors, a student must meet the following requirements:

  • Acceptance into the Finance Honors program
  • Completion of 28.0 hours at DePaul University
  • The following courses must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher: ACC 101, ACC 102, BLW 201, ECO 105, ECO 106, MAT 135, MAT 136, and MAT 137
  • A minimum cumulative DePaul grade point average of 3.300
  • A minimum Finance (FIN) grade point average of 2.700
  • No grade of IN, R, or lower than C- in any Finance (FIN) course or course used toward the Finance major
  • Completion of FIN 310 with a minimum grade of B+

Course Requirements

In addition to FIN 310 and FIN 320, a student majoring in Finance Honors is required to complete the following courses totaling at least 36.0 hours:  
 

Accounting majors who have taken the financial accounting courses, ACC 304 and ACC 305, are exempt from taking the financial accounting courses taught within the finance cohort, ACC 307-H and ACC 309-H.

This structure differs from the non-honors curriculum since it allows you to take only two open electives in your curriculum, and it requires you to take an extra two credit hour class, Finance 396.

Expectations

A cumulative GPA of 3.000 is required to remain in the program. A student will be dropped from the program if a grade of D or F is earned in any DePaul course after admission to the program.

Once admitted, students will begin the curriculum in the spring quarter of the current academic year, and will complete the curriculum in the winter quarter of the following year. The program consists of a set of courses taught in lock step during the junior and senior years. The honors student cohort will be exposed to rigorous and challenging courses in corporate finance, risk management, financial statement analysis, and financial accounting. Analytical writing and teamwork skills will be emphasized throughout the program.

Open Electives

Open elective credit (10.0 hours) is needed to meet the minimum graduation requirement of 192 hours.

Degree Conferral Requirements

All Finance (FIN) courses and any courses used toward the Finance major must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.

FIN 311

CORPORATE FINANCE

The goal of the course is to provide students with the basic tools and theoretical background necessary to understand the corporate financial decision making process. Emphasis is on valuation principles with application to bonds, stocks, and capital budgeting as well as issues involving the capital structure, working capital, and dividend policy.
Prerequisites:
FIN 310 is a prerequisite for this class.

FIN 330

INVESTMENTS: THEORY & PRACTICE

This course focuses on Investment principles and problems. It seeks to develop the student's perception of risks and opportunities in investment instruments and markets. It will inform their description of the markets and the operational effects of current financial events upon the various markets.
Prerequisites:
FIN 202 and 320 are a prerequisite for this class.

FIN 333

FINANCIAL STATEMENTS ANALYSIS

Corporate performance and its effects on outstanding securities. Evaluation and interpretation of financial soundness of an enterprise. Economic, management and corporate financial factors as they affect specific security issues.
Prerequisites:
FIN 311 is a prerequisite for this class.

FIN 362

RISK MANAGEMENT

Theories and techniques of risk management that employ statistical techniques which enhance risk decision-making. This course develops a framework of analysis that can be applied by corporate or investment risk managers.
Prerequisites:
FIN 320 is a prerequisite for this class.

FIN 366

FINANCIAL MODELING

This course will focus on the use of EXCEL in implementing financial theory to solve practical, real world problems in finance.
Prerequisites:
FIN 311 and FIN 330 are a prerequisite for this class.

FIN 380

CASES IN FINANCIAL DECISION MAKING

This is the capstone course for students majoring in Finance. The course applies the case study methodology to hone the student's analytical skills with applied finance issues, as well as to further develop verbal and written communication skills, the ability to work effectively within teams, as well reasoned debate. This course will provide students the opportunity to apply and integrate the knowledge acquired in their previous finance courses.
Prerequisites:
FIN 330, 333, 362 and (WRD 202 or equivalent) are a prerequisite for this class.

ACC 307

FINANCIAL REPORTING I FOR FINANCE HONORS STUDENTS

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and investments will also be examined. This course takes a user of financial statements, rather than a preparer of financial statements, point of view.
Prerequisites:
ACC 101, ACC 102 and status as a Finance Honors student are a prerequisite for this class.

ACC 309

FINANCIAL REPORTING II FOR FINANCE HONORS STUDENTS

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.
Prerequisites:
ACC 307 and status as a Finance Honors student are a prerequisite for this class.

FIN 202

QUANTITATIVE REASONING

This course is designed to provide students with an overview of basic statistical tools of financial analysis. Is a course designed to familiarize students with the design and application of spreadsheet models for the analysis of financial data and tests of hypotheses.
Prerequisites:
FIN 310 is a prerequisite for this class.

FIN 310

INTRODUCTION TO FINANCE

This course introduces students to the logic, principles, institutions, and terminology of finance. The goal of the course is to provide students with a basic understanding of the role of finance and its functions. It is designed to familiarize the students with tools necessary for making sound financial decisions, both at a personal level and at an enterprise level.
Prerequisites:
ACC 101, ACC 102, ECO 105, ECO 106 and (MAT 135, MAT 136 and MAT 137 or equivalents) are prerequisites for this class.

FIN 320

MONEY AND BANKING

Study of money and banking as a means to understanding how operations of our financial institutions affect functioning of our economic system and evaluation of monetary policies and goals.
Prerequisites:
FIN 310 is a prerequisite for this class.

FIN 396

HONORS SEMINAR

This is a required course for all Honors Students in Finance. It is conducted on a year-long basis (Fall, Winter & Spring) for the benefit of the students in the program. Participants are required to attend all events sponsored by the class conductor. These include, but are not limited to, distinguished speakers series, networking luncheons, current topics forums, communications and protocol workshops, field trips and community service programs. All students are required to complete an empirical analysis paper, utilizing databases available to the department, as assigned by the seminar's conductor.
Prerequisites:
Status as an Honors Finance student is a prerequisite for this class.

ACC 304

FINANCIAL REPORTING I

Financial Reporting I includes a study of U.S. and international accounting standards, the concepts of accounting and basic financial statements. Accounting for cash, receivables, inventories, depreciable assets and current liabilities will also be examined.
Prerequisites:
ACC 102 is a prerequisite for this class.

ACC 305

FINANCIAL REPORTING II

Financial Reporting II focuses on researching accounting issues, revenue recognition and financial statement analysis. The course also provides an understanding of complex issues such as accounting for investments, long term liabilities, derivatives, contributed capital, retained earnings and earnings per share.
Prerequisites:
ACC 304 or ACC 307 is a prerequisite for this class.