Finance
Area
Finance
Area
Finance is a dynamic and challenging field that brings together all disciplines to evaluate alternatives and monitor performance. Finance uses and interprets data gathered from operating units and accountants to decide how to allocate company or personal funds. The Finance function exists in every organization because it is the basis for managerial decision-making. Financial professionals must have skills in critical thinking, problem solving, leadership, communication, and computing. Careers in Finance
There are several career fields in Finance. Among them are:
Financial Management: Graduates employed in financial management work in any of several capacities. They may handle cash and working capital, do project analysis for a firm's investment decisions, or be involved in raising funds in the capital markets.
Investments: Those graduates who are employed in investments work as stock brokers, bond brokers, traders, or in company research and investment analysis.
Banking: Finance graduates in banking serve as loan officers or as auditors. They also help manage customer's money through the trust department or the bank's funds through its investment arm.
Financial Planning: Graduates employed in the area of financial planning generally work with clients to determine the best individual mix of investments and insurance.
Real Estate: Graduates who work in real estate often work as real estate brokers or in real estate firms developing, financing, and valuing property. There are also opportunities in financial institutions or in the management of a company's real property.
Insurance: Some graduates choose the insurance industry, where they work as sales representatives or analysts.
Government: Finance graduates are often employed by agencies at the federal, state, and local level to conduct project analysis and manage public finances.
Why Choose Eastern for Finance?
The Business Program of the Lumpkin College of Business and Applied Sciences at Eastern Illinois University is fully accredited by the prestigious American Assembly of Collegiate Schools of Business. Only 261 colleges and universities have earned this honor. AACSB accreditation involves examination and certification of the faculty, curricula, and resources of the university.
The Finance Program at Eastern Illinois University strives to maintain a low student-faculty ratio. The low ratio allows students to receive a higher level of individual attention and promotes student-faculty interaction. Members of the finance faculty have a practical orientation with a focus on the student and are all dedicated to teaching. Many have experience in finance-related professions, and all strive to blend practical applications with classroom activities. In addition to finance course work, all students take classes in accounting, management, marketing, operations management, and management information systems.
Many student organizations offer extra-curricular opportunities.
The Student Investment Society offers students the opportunity to help manage an investment portfolio. Established by the generous gift of an alumnus, this unique program is one of only a few in the country that gives students hands-on experience in securities analysis and selection.
The local Financial Management Association chapter allows students the opportunity to interact with area finance professionals and with faculty on a more personal level. The business fraternities Phi Gamma Nu and Delta Sigma Pi also have campus chapters.
The Finance faculty strongly encourages students to participate in internships.
There are many excellent internship opportunities available for finance majors. Advantages of taking internships include:
1. Internships help career decision making. Students can "reality-test" careers and make choices based upon on-the-job experience in a chosen field;
2. Internships allow students to test classroom learning in the laboratory of the business world; and
3. Internships improve post-graduation job prospects by providing students valuable work experience.
The Lumpkin College of Business & Applied Sciences Internship Program coordinator helps students obtain internships. For more information on the internship program, contact:
Student Internship Program Lumpkin Hall Eastern Illinois University Charleston IL 61920-3099
Numerous scholarships are available to finance students at EIU.
In addition to university-wide scholarships, several are awarded by the Lumpkin College of Business and Applied Sciences. Scholarships are awarded on the basis of academic accomplishment, leadership qualities, and financial need.
For more information on the EIU Finance program at Eastern
Illinois University, contact:
Professor Frank Clark, Chairperson
Department of Accountancy and Finance
Lumpkin College of Business and Applied Sciences
Charleston, Illinois 61920-3099
(217) 581-5426
For more information on Finance as a career, contact:
Financial Management
Association
University of South Florida
College of Business Administration
Tampa Fl 33620
 EIU
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