Finance Department {College of Business}

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Programs : Undergraduate

The Department offers a Bachelor of Science in Business Administration degree with a concentration in finance, providing study in managing credit and collection functions, formulating budgets and exercising operation control, raising funds for operations, financial data analysis, valuation, investment and portfolio analysis, project evaluation, and understanding of domestic and international financial markets.

Bachelor of Science in Business Administration: Concentration in Finance

The finance concentration teaches students to recognize, understand, and attain the skills necessary to be successful in the world of finance. It focuses on the financial decisions made in every organization, which include investment, decisions in purchasing real and financial assets, raising cash to fund these investments, and managing the risk of its assets and investments. Other operational decisions include implementing routine day-to-day procedures to manage all financial aspects of the organization and decisions regarding changes in the mix of its services and products. Although a financial manager specializes in these decisions, managers from across the organization also contribute.

Four sets of skills are essential to financial decision-making: First, an understanding of the environment within which decisions are made, including both the internal structure of the organization and the nature of external capital and financial markets; second, familiarity with the organization’s information system, including accounting, financial, and human resources; third, analysis of available financial data to understand the likely impact of alternative decisions and their level of uncertainty; finally, understanding the interrelationships between financial decisions and decisions made in other parts of the organization, such as marketing, production, and IT.

All concentration courses in finance must be taken on a letter grade basis. Students must have a minimum aggregate grade point average of 2.0 across all concentration courses.

For a complete description of the program: see Bulletin : Bachelor of Science in Business Administration: Concentration in Finance

Minor in Finance

These programs are designed to provide undergraduates with a focused exposure to a particular area of business practice rather than the broad exposure of the General Business Minor. As such, they can provide professional and technical skills needed for entry into specialized business employment for non-business majors or serve as an alternative to a double major for business majors wishing expertise in a second field. For more information, see Bulletin : Minor in Finance.

Real Estate Certificate for Finance Majors

To earn a certificate in Commercial Real Estate (CRE), students must satisfy the following three requirements:

  • Completion of the following four courses:
    • Fin 365 Real Estate Principles
    • Fin 370 Fundamentals of Real Estate
    • Fin 371 Commercial Real Estate Management
    • Fin 372 Commercial Leasing and Development
  • Earn an overall GPA of 2.0 across these 4 courses.
  • Successful completion of the finance major.

CRE Certificate Specifics

To earn the CRE certificate, finance majors must complete a minimum of two additional courses, in addition to their seven required finance concentration courses. This will push students beyond the 120-unit limit for a BS degree.

  • 5 required finance concentration courses: Acct 303, Fin 351, Fin 353, Fin 355, & Fin 536.
  • 2 required finance elective courses from: Fin 365, Fin 370, 371, or 372.
  • 2 required real estate emphasis courses from: Fin 365, Fin 370, 371, or 372.

Fin 370, 371, & 372 are 100% funded by the Building Owners & Managers Association San Francisco Foundation (BOMA SF Foundation).

  • The certificate will be branded with BOMA SF Foundation’s sponsorship.
  • BOMA SF Foundation will provide guest speakers, mentoring, internships, scholarships, and input into the courses.

Upon completion of the CRE requirements, finance majors may apply for the certificate through the Finance Department office, SCI 300.

Course Descriptions

FIN 370 Fundamentals of Real Estate (Fall 2012)

Prerequisite: FIN 350 with C- or better, enrollment priority for finance majors and minors.

Finance Elective: FIN 370 satisfies 1 of the 2 finance elective courses for the major.

This course covers the fundamentals of commercial real estate ownership and management. It will describe and evaluate strategies for creating value in an income-producing property, apply the concept of investment real estate equity, and compare leverage strategies to increase portfolio value. The manner in which tenant improvements and the entitlement process constrain financial strategies and create marketing opportunities will also be covered.

FIN 371 Commercial Real Estate Management (Spring 2013)

Prerequisite: FIN 350 with C- or better, enrollment priority for finance majors and minors.

Finance Elective: FIN 371 satisfies 1 of the 2 finance elective courses for the major.

This course covers the management of commercial real estate, focusing on the financial relationship between owner and tenant/user.  The coursework includes lectures, and a case study. Students will be tasked with preparing the financial management plan to solve an actual real estate management problem, such as security, environmental contamination, or other casualties. Each student will prepare a plan for the distressed property, including the financial calculations and models to manage the decisions going forward.   The plan will include the economic pro-forma, including all the costs and income to establish the potential yield or return on investment under the proposed solution.

FIN 372 Commercial Leasing and Development (Fall 2012)

Prerequisite: FIN 350 with C- or better, enrollment priority for finance majors and minors.

Finance Elective: FIN 372 satisfies 1 of the 2 finance elective courses for the major.

This course applies acquired classroom knowledge to a concrete real-world commercial leasing and land use development case. Students will address the financial challenges of a redevelopment case that has evaded a financial resolution in recent history. Each student in the class will work individually to create a commercial land use development and leasing/business plan for the site. The in-class instruction will cover each theoretical topic underlying the components of the proposal. These include the entitlement process, leasing, financial management, investor financing, and sustainability issues. As each lecture addresses the case from the perspective of one subject in the course, students will be working on their written plan, which will include the economic pro-forma, the costs and income to establish the potential yield, the IRR, financial analysis, market evaluation, returns, and financial justifications for proceeding with the project.

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