Department of Finance, Insurance and Real Estate

The primary objective of the Finance program is to provide the basic concepts, principles and analytical tools essential for business decisions in the fields of finance. The curriculum is designed to provide a broad background for effective functioning within the discipline:

Finance majors study the environment, theory and techniques of decisions on the acquisition of funds by business firms, including the applied areas of investment, financial institutions, real estate, and risk management and insurance. Program objectives for the B.B.A. in Finance are found here.

Professional Real Estate Certificate

A Professional Real Estate Certificate is designed for students who desire careers in real estate or for the real estate professional seeking continuing education. It consists of the six required courses (18 hours): FIR 3310, 3410, 4310, 4320, 4340 and 4350. This program is independent of any University of Memphis degree program. No transfer credit will be accepted for these six courses. For non-business degree students, there are no prerequisites required. These classes are available on campus and online. Also, out-of-state online student are eligible for a scholarship to offset the difference between out-of-state fees and in-state fees.

Finance Major (B.B.A.)

A. University General Education Program (41 hours)

See Graduation from the University for the University General Education Program requirements. Note that MATH 1830 or 1910 (Mathematics requirement) with a minimum grade of "C", ECON 2010 and 2020 (Social/Behavioral Sciences requirement) are specified for the B.B.A. degree.

B. College and Degree (B.B.A.) Requirements (42 hours)

Lower Division Business Core Curriculum (12 hours)

No grade below “C” and 2.25 GPA (2.5 for accounting majors) in ECON 2010, ECON 2020 and the following lower division courses

ACCT 2010 Fundamentals of Accounting I (3)

ACCT 2020 Fundamentals of Accounting II (3)

SCMS 2710 Business Statistics (3) or MATH 1530 Prob/Statistics/Non Calculus (3)

MIS 2749 Introduction to Business Microcomputer Applications (3)

Upper Division Business Core Curriculum (30 hours)

No grade below "C" and 2.25 GPA in the following courses:

ACCT 3130 Legal, Social, and Political Environment of Business (3)

FIR 3410 Business Finance (3)

MGMT 3110 Organization and Management (3)

MGMT 4710 Strategic Management (3) (Enrollment usually limited to graduating seniors)

MKTG 3010 Principles of Marketing (3)

MGMT 3510 Business Communication (3)

SCMS 3510 Production and Operations Management (3)

SCMS 3711 Analytical Tools for Business Decisions (3)

MIS 3210 Critical Thinking in Project Management for Business (3)

Choose One:

ACCT 4625 International Accounting: IFRS vs US GAAP (3); MGMT 4810 International Management (3); MKTG 4530 International Marketing (3); ECON 4350 International Economics (3); FIR 4550 International Finance (3); MGMT 4510 International Business Communication and Negotiation (3); HPRM 4400 International Hospitality (3); MIS 4310 Global Information Technology (3); ECON 4351 International Monetary Economics: Theory and Policy (3); one course from FIR 4110-4119 (3) when the topic pertains to international business and has been approved in advance by the department chair.

Transfer students are referred to the section Transfer Credit in the College of Business and Economics description.

C. The Major (24 hours)

No grade below "C" and a minimum 2.25 GPA in the major.

1. Core requirements: A minimum of 24 upper division semester hours in courses as follows: FIR 3710 or 4730, 3720, 4440, and one of the following concentrations.

2. Concentrations (15 hours)

a. Banking and Financial Services: FIR 4710, 4720, 4911, and 6 hours from ECON 3610, FIR 3310, 3810, 4011, 4310, 4320, 4331, 4350, 4610, 4810, 4870

b. Business Finance: FIR 4610 and 12 hours from the following: at least three courses from FIR 4331, 4550, 4710, 4720, 4721, 4770, 4911; no more than one course from FIR 3310, 4870, ECON 4112, 4120, MIS 3775

c. Real Estate: FIR 3310, 4320, 4350, two courses from FIR 4310, 4340, 4911, ECON 4112, ESCI 4515

d. Risk Management and Insurance: FIR 3810, 4870, and three courses from FIR 4720, 4810, 4820, 4911, ECON 4112, 4740

D. Electives (13 hours)

Lower division or upper division courses to bring the total of hours earned to 120.

Banking and Financial Services Minor

For students whose major is in another department in The Fogelman College of Business and Economics: (9 hours) FIR 3720, 4710 and 4720.

For students whose major is within another college at the University (21 hours) ACCT 2010, ECON 2010, 2020, FIR 3410, 3720, 4710 and 4720.

Business Finance Minor

For students whose major is in another department in The Fogelman College of Business and Economics: 9 upper division hours in finance approved by the finance undergraduate career advisor or department chair.

For students whose major is within another college at the University: (21 hours) ACCT 2010; ECON 2020; FIR 3410, 3710, 3720. Six additional upper division hours approved by the finance undergraduate career advisor or department chair.

Real Estate Minor

For students whose major is in another department in The Fogelman College of Business and Economics: (12 hours) FIR 3310, 4310, and six additional upper division hours in real estate approved by the real estate undergraduate career advisor or department chair.

For students whose major is within another college at the University: (21 hours) ACCT 2010; ECON 2020; FIR 3310, 3410, 4310, and six additional upper division hours in real estate approved by the real estate undergraduate career advisor or  department chair.

Risk Management and Insurance Minor

For students whose major is in another department in The Fogelman College of Business and Economics: (9 hours) FIR 3810, 4870, and three additional upper division hours in insurance approved by the risk management and insurance career advisor or department chair.

For students whose major is within another college at the University: (21 hours) ACCT 2010; ECON 2020; SCMS 2710; FIR 3810, 4870, and six additional upper division hours in insurance or finance approved by the risk management and insurance career advisor or department chair.

Typical 4-Year Banking and Financial Services Concentration Sequence:

Freshman Year

Sophomore Year

Junior Year

Senior Year

Total Hours: 120-122

Total Hours Required for Graduation: 120

*Must satisfy University General Education Program Requirement

Typical 4-Year Business Finance Concentration Sequence:

Freshman Year

Sophomore Year

Junior Year

Senior Year

Total Hours: 120-122

Total Hours Required for Graduation: 120

*Must satisfy University General Education Program Requirement

Typical 4-Year Real Estate Concentration Sequence:

Freshman Year

Sophomore Year

Junior Year

Senior Year

Total Hours: 120-122

Total Hours Required for Graduation: 120

*Must satisfy University General Education Program Requirement

Typical 4-Year Risk Management and Insurance Concentration Sequence:

Freshman Year

Sophomore Year

Junior Year

Senior Year

Total Hours: 120-122

Total Hours Required for Graduation: 120

*Must satisfy University General Education Program Requirement