Finance related functions for organizations are growing increasingly important. Individuals with the ability to understand the markets and how businesses raise and invest capital are highly regarded within businesses and organizations. Finance is a broad term covering such diverse topics as Money and Banking, Investment, Insurance, Risk Management, Estate Planning, Corporate Finance, and Financial Institutions. Organizations need individuals with the knowledge to calculate contemporary financial measures of performance and risk as well as the ability to explain how the financial services component industries interact with each other.
As a graduate of our program, you’ll understand the dimensions of performance and risk relevant to financial services companies; you’ll be able to assess consumer financial needs and the mechanisms available for fulfilling these needs; describe and apply financial concepts, theories, and tools; evaluate the role of technology and the legal, ethical and economic environment as it relates to financial services; and prepare personal financial plans for clients.
This program is also offered as...
- The University of Minnesota Crookston's degree in Finance is designed to provide students with both the theoretical and the analytical framework required to work effectively in financial institutions.
- There are many growth opportunities and a wide variety of job possibilities.
- UMC Finance graduates have excellent communication and technology skills which makes them very marketable.
- We also offer classes outside of the major that compliment it and help students become successful.
- Small class sizes and individualized attention.
- The University of Minnesota Crookston (UMC) Bachelor of Science Degree in Finance is offered on campus and online. Don't forget we also offer a Finance minor on campus and online.
Program Requirements & Curriculum
Associated Clubs & Organizations
Associated Clubs & Organizations
Job prospects in Finance are expected to grow faster than average for the next 10 years due to the increasing complexity of investment options. The job opportunities in finance and banking span many area including corporate and international financial management and consulting, commercial and investment banking, personal financial planning, investment services, real estate, government agencies, risk and Insurance industries.
- Financial Analysts (budget analyst, credit analyst, investment analyst, merger and acquisitions analyst
- Capital Markets analysts (rating analyst, tax analyst, treasury analyst)
- Money Market analyst
- Finance manager
- Personal Financial planner
- Investment banker
- Asset manager
Other careers include positions in:
- Corporate Finance
- Capital markets (Commodity markets, Equity markets, Fixed- income markets, Derivative markets)
- Commercial and investment banks
- Insurance industry
- Real estate
- Financial Services
Graduates can expect $50,000 to $70,000 as a typical starting salary of finance graduate.
An interest that began in high school developed into a major in college and a future in finance for University of Minnesota Crookston student Chase Knickerbocker. The finance major and accounting minor is spending his summer in Atlanta, Georgia, where he will be interning at one of the largest data and analytics companies in the country. He has been interested in finance and securities since high school, but it was through his business analytics class with Rutherford Johnson, a lecturer in the Business Department, he discovered something more. Learn more.
The UMC Advantage
The UMC Advantage
Small Campus. Big Degree.
Did you know a degree from the University of Minnesota is recognized all over the world? True story. As a system campus of the University of Minnesota system, the U of M Crookston offers access to world-class teaching, learning, and research resources—all in a smaller, more personal campus setting that’s very much like a private school. The University of Minnesota is internationally recognized and respected by not only intellectuals and academic movers and shakers, but major employers who want to hire the best and brightest—namely, you.
Learning and Doing
At the U of M Crookston, you won’t spend all your time behind a desk. Our curriculum is designed around experiential learning, which means we want you to have as much hands-on learning as possible. Depending on your major, you’ll find opportunities to be in the field, the lab, the classroom, or engaging in simulated scenarios that give you a competitive edge when you enter the workforce or head to grad school. You’ll learn the concepts and then actively apply them through projects, field trips, site visits, internships, and interactions with professionals in the field.
Caring Faculty and Staff
Our faculty and staff members are respected not only for their knowledge and skills, but also because they care about you as an individual. They serve as true mentors, offering personalized attention through small class sizes, a student-faculty ratio of 18:1, and by working closely with you as advisors. They take the time to welcome you to the UMC community, watch you grow as a leader and scholar, and help you connect with alumni and other experts.
A Technology-Rich Environment
At the U of M Crookston, we offer every student a laptop computer from day one. Everyone is tech-savvy, wi-fi is everywhere and learning happens in many ways, including simulations, applications and video presentations. It’s a virtual tech-topia! So, when you graduate, you’ll have all the latest technology skills, giving you a competitive edge. Employers consistently report the UMC graduates they hire are their “go to” people for technology and are well prepared for the demands of today’s technological workplace.
Internships, Job Placement and Grad School
More than 87% of U of M Crookston graduates gain full-time employment in their field or enroll in graduate or professional school within one year of graduation. That’s a fact. We’ll sure miss you when you graduate, but we know as a proud Golden Eagle alum, you’ll want to come back to cheer us on at homecoming or catch up with your favorite professors.
Internships. They’re a great way to earn college credit, add to your resume and help answer the question, “is this really what I want to do?” You can find internship opportunities with everyone from the business down the street to Fortune 500 companies. Or maybe grad school is in your future. U of M Crookston students get the educational requirements and resources they need to apply to an array of graduate programs from veterinary science to med school to an MBA program. Many go on for more education in a variety of other fields.
Opportunities for undergraduate research also add real value to your educational experience by allowing you to design and conduct research while working alongside faculty mentors. Research experience is especially helpful if you plan to attend graduate school.
One-Rate Tuition and Scholarship Options
Whether you live in Minnesota, just across the border, across the country, or on the other side of the ocean, you pay the same tuition rate, and the U of M Crookston’s tuition rate is a real value because it’s the lowest of the five campuses that make up the U of M system. Additionally, with merit-based scholarships guaranteed based on GPA and ACT scores and more than 300 specialty scholarships, we really do help make college affordable.
Leadership, Clubs and Athletics
Sure, college is about classes, studying, and research, but another important part of the experience involves professional development, creativity, leadership, and service. And let’s not forget about fun! With more than 40 student clubs and organizations, there’s something for every interest. Best of all, if you can’t find something from the existing list, grab a few friends and start a new club. It’s really just that easy…
In athletics, Golden Eagles shake things up on the court, the field, and on the sidelines. The U of M Crookston competes at the NCAA Division II level in the Northern Sun Intercollegiate Conference (NSIC) as well as the Intercollegiate Horse Show Association (IHSA) and offers a full range of men’s and women’s athletic programs.
A Diverse, Global Experience
The world really is a small place, and at U of M Crookston we value diversity. Our students bring rich experiences spanning six continents, and more than 20 countries and 40 states! We value diversity because it not only helps you better understand the world, it helps you understand yourself and how your piece fits into the puzzle of global society. Get involved in the many multicultural and international programs on campus, and you’ll see how easy it is to make friends from across the world.
Or choose one of our international programs. Study, intern, volunteer, play, explore – here or anywhere. Take your pick from more than 300 options in 67 countries. Don’t just learn it, live it.
123-A Dowell Hall and Annex
Teaching Specialist, Online Academic Advisor