Finance Major
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Finance is an area of business that deals with matters related to money and the markets. It specifically relates to the branch of economics concerned with resource allocation as well as resource management, acquisition and investment. Finance is also the ability to raise money through issuance and sale of debt and/or equity.
In the College of Business at Northern Arizona University they include three-different areas
- Managerial finance professionals are responsible for raising capital, without which no firm can survive, and allocating it to assets in a profitable manner.
- Investment professionals design securities used by firms to raise capital and aid in selling these securities to the investing public. They also analyze securities from the investor's point of view and help investors build portfolios with appropriate risk/return characteristics.
- Banking professionals bring together suppliers and users of funds. They provide many critical business services including credit analyses and loans, checking accounts, wire transfers, and credit card processing.
The College of Business also provides numerous opportunities to the students, such as:
- Hands-on consulting opportunities with local businesses
- Internship opportunities with local businesses
- Selected students have the opportunity to manage a portfolio of stocks and bonds for the NAU foundation
- Extensive exposure to computer technology, including spreadsheet modeling and data acquisition
- A thorough exposure to the theory underlying financial decision making and analysis, and how it is applied in actual settings
- Opportunities to develop oral and written communication skills, enhanced by small class sizes and an approachable faculty