The finance, investment, and banking curriculum prepares students for careers in corporate financial management, the investments and securities business, and the management of financial institutions—e.g., banks and insurance companies. The theory of finance and its applications are emphasized. Students learn about: security analysis and valuation, security trading, government policy and financial markets, financial forecasting, capital structure, financial risk management, venture capital, security issuance and international finance.
A significant part of the coursework teaches you to understand risk and uncertainty, both at an intuitive level and at a technical level. More important, you learn to construct models of financial decisions—e.g., an investor’s portfolio choice problem, the issuance of securities by corporations and the structure of financial investments by banks.
Related Student Organizations
Students wishing to pursue this major must be admitted to the School of Business. Once admitted, students are able to pursue any business major they choose. To find out more about the school's admissions process for undergraduate students, please see Entering the School.
University General Education Requirements
All undergraduate students at the University of Wisconsin–Madison are required to fulfill a minimum set of common university general education requirements to ensure that every graduate acquires the essential core of an undergraduate education. This core establishes a foundation for living a productive life, being a citizen of the world, appreciating aesthetic values, and engaging in lifelong learning in a continually changing world. Various schools and colleges will have requirements in addition to the requirements listed below. Consult your advisor for assistance, as needed. For additional information, see the university Undergraduate General Education Requirements section of the Guide.
|General Education|| |
* The mortarboard symbol appears before the title of any course that fulfills one of the Communication Part A or Part B, Ethnic Studies, or Quantitative Reasoning Part A or Part B requirements.
School of Business Requirements
The Wisconsin Bachelor of Business Administration (BBA) degree program is based on a broad educational foundation combined with courses in business and economics. This curriculum is designed for those students who wish to prepare for careers in business. Students completing any School of Business major are required to satisfy a common set of Pre-Business Requirements, Liberal Studies Requirements, Business Preparatory Requirement, Business Core Requirement, Business Breadth Requirement, and Credits for BBA Degree.
|School of Business BBA Requirements|
finance major Requirements
Undergraduate finance majors should enroll in GEN BUS 306 Business Analytics I or its equivalent as early as possible in preparation for this major. Before enrolling in FINANCE/ECON 320 Investment Theory, FINANCE 325 Corporation Finance, or FINANCE 330 Derivative Securities, students must complete:
- FINANCE/ECON 300 Introduction to Finance;
- MATH 213 Calculus and Introduction to Differential Equations or MATH 222 Calculus and Analytic Geometry 2;
- Either complete or concurrently enroll for GEN BUS 307 Business Analytics II (or its equivalent).
Students planning on a major in finance should complete FINANCE/ECON 300, GEN BUS 307 (or equivalent) and ACCT I S 301 in or before the first semester of their junior year. FINANCE/ECON 320 Investment Theory, FINANCE 325 Corporation Finance or FINANCE 410 Bank Management should be completed prior to a summer internship, where the choice from these would match the internship and/or career focus area. FINANCE 330 Derivative Securities is usually the most quantitatively challenging of the three required courses beyond principles, and generally helps to take ECON/FINANCE 320 either prior to or concurrently with FINANCE 330. If the mathematics requirement has not been completed prior to admission to the School of Business, then MATH 213 Calculus and Introduction to Differential Equations or MATH 222 Calculus and Analytic Geometry 2 should be completed as early as possible. Finance majors should also be aware of enforced prerequisites for other finance courses.
|MATH 213||Calculus and Introduction to Differential Equations||3|
|or MATH 222||Calculus and Analytic Geometry 2|
|GEN BUS 307||Business Analytics II 1||3-4|
|or ECON 410||Introductory Econometrics|
|or STAT/MATH 310||Introduction to Probability and Mathematical Statistics II|
|or STAT 312||Introduction to Theory and Methods of Mathematical Statistics II|
|ACCT I S 301||Financial Reporting I||3|
|FINANCE/ECON 320||Investment Theory||3|
|FINANCE 325||Corporation Finance||3|
|FINANCE 330||Derivative Securities||3|
|Select one of the following:||3-4|
|Financial Markets, Institutions and Economic Activity|
|Intermediate Microeconomic Theory|
|Intermediate Macroeconomic Theory|
|Intermediate Microeconomic Theory - Advanced Treatment|
|Intermediate Macroeconomic Theory - Advanced Treatment|
|Money and Banking|
|Complete one 3-credit Finance course numbered above 400 2||3|
GEN BUS 307 Business Analytics II or its equivalent is required to fulfill other requirements within the business curriculum, therefore this requirement double-counts.
University Degree Requirements
|Total Degree||To receive a bachelor's degree from UW–Madison, students must earn a minimum of 120 degree credits. The requirements for some programs may exceed 120 degree credits. Students should consult with their college or department advisor for information on specific credit requirements.|
|Residency||Degree candidates are required to earn a minimum of 30 credits in residence at UW–Madison. "In residence" means on the UW–Madison campus with an undergraduate degree classification. “In residence” credit also includes UW–Madison courses offered in distance or online formats and credits earned in UW–Madison Study Abroad/Study Away programs.|
|Quality of Work||Undergraduate students must maintain the minimum grade point average specified by the school, college, or academic program to remain in good academic standing. Students whose academic performance drops below these minimum thresholds will be placed on academic probation.|
1. Explain the trade-off between risk and returns, and to explain methods of measuring and managing risk.
2. Use financial models, including those for optimal portfolios and the estimation of expected returns.
3. Distinguish between equilibrium and no-arbitrage pricing, and be able to apply both approaches.
4. Explain the costs and benefits of the separation of ownership and control in the typical large firm.
5. Understand how market frictions can influence financial decisions.
6. Explain how investment and financing decisions can create and destroy value.
This is a sample four-year plan for students directly admitted into the School of Business from high school. We encourage all students to consult with their academic advisor to develop an individualized plan that meets their specific needs.
|MATH 211||5||MATH 213||3||MARKETNG 300, M H R 300, or OTM 300||3|
|PSYCH 202||3||ECON 101||4||ACCT I S 211||3|
|GEN BUS 110||1||ACCT I S 100||3|
|Communications A||3-4||Humanities, Literature, or Social Science||3|
|GEN BUS 306||3||GEN BUS 307||3||MARKETNG 300, M H R 300, or OTM 300||3|
|FINANCE/ECON 300||3||GEN BUS 300||3-4|
|ACCT I S 301||3||FINANCE/ECON 320 or 325||3|
|Communications B||3-4||Humanities, Literature, or Social Science||3|
|MARKETNG 300, M H R 300, or OTM 300||3||Finance Elective2||3|
|FINANCE 330||3||FINANCE/ECON 320 or 325||3|
|FINANCE 305||3||Business Breadth||3|
|GEN BUS 301||3||Finance Elective2||3|
|Finance Elective 2||3||Humanities, Literature, or Social Science||3|
|Total Credits 120-123|
Advising is an integral part of any student’s educational journey in the School of Business BBA Program. Starting at Student Orientation, Advising, and Registration (SOAR), we encourage all students to connect with academic advisors. BBA academic advisors have a wealth of knowledge about courses on campus, as well as policies and procedures.
BBA career advisors help students with career exploration, internships, resumes, job search, interviewing and more. We encourage students to connect with their career advisor once they arrive on campus.
BBA advisors want students to succeed. Students experiencing academic difficulty or personal struggles are encouraged to talk to their advisor about how their individual situation may affect their academic performance.
Assigned Academic and Career Advisors
For admitted BBA students, advisors are assigned by academic major. If you have more than one major, you may have more than one assigned advisor. You can find your assigned advisor by logging into your student center and looking on the right hand menu under “Program Advisor.”
For students not yet admitted to the WSB, we have a team of pre-business advisors available to you. Information on pre-business advising can be found here.
If you have a quick question, no more than 15 minutes, please utilize our drop-in advising. You can find up-to-date information regarding drop-in hours here.
You may schedule a 30-minute appointment with an academic and career advisors. Advisors are trained, and have knowledge regarding all ten majors in the BBA, so if your assigned advisor is not available you can be confident to schedule an appointment with any of the BBA advisors.
Pre-business students may also schedule an appointment with a pre-business academic advisor.
If you have a quick yes/no question you may always send an email to your assigned advisor.
For more information on academic and career advising in the BBA please see Advising on the school's website.
Finance is the integration of time, returns and risk and how they are interrelated. Two pressing questions in finance are:
- What do I invest in?
- How do I pay for it?
Organizations that focus on finance include banks, credit card companies, insurance companies, consumer finance companies, corporations, stock brokerages, investment funds, government sponsored enterprises, education, and individuals.
Students may pursue careers in many different industries, including but not limited to:
- Commercial and retail banking
- Corporate finance
- Investment banking
- Investment management
- Equity and debt capital markets
- Sales and trading
Find more details about these industries on the BBA Finance website.
Faculty AND Staff in Finance
Accreditation status: Accredited. Next accreditation review: 2021–2022.