Degree Requirements - Undergraduate


GRADUATION REQUIREMENTS [Link to Graduation Agreement Form]

Candidates qualifying for the degree of Bachelor of Science in Business Administration must complete 124 credit hours. Additionally, at least 42 credit hours must be earned in courses numbered 100 or above. Credit for remedial courses of sub-collegiate level are not considered toward meeting the requirements for graduation. All candidates must complete the last 30 hours in residence at Drake University.

Candidates qualifying for a Bachelor of Science in Business Administration must have a cumulative grade point average of 2.0 for all Drake University work attempted and a cumulative grade point average of 2.0 in all 100 level business courses taken in the College.

REQUIRED CREDIT HOURS AND COURSES FOR MAJOR [Link to Major Sheets]

I. Business Core Courses [Link to College of Business Forms]

  • The Business Profession Sequence
  • ACCT 41 - Introduction to Accounting I
  • ACCT 42 - Introduction to Accounting II (Prerequisite: ACCT 41)
  • ECON 2 - Principles of Microeconomics
  • IS 44 - IT Applications for Business
  • IS 75 - IT and Business
  • BLAW 60 - Business Law (Prerequisite: Sophomore standing)
  • BUS 70 - International Business (Prerequisite: Sophomore standing & ECON 2)
  • BUS 73 - Professional Verbal Communication
  • BUS 74 - Professional Written Communication
  • MATH 28 or Higher - Business Calculus
  • STAT 71 - Statistics I (Prerequisite: MATH 20 or MATH 28)
  • STAT 72 - Statistics II (Prerequisite: STAT 71 and IS 44)
  • FIN 101 - Corporate Finance (Prerequisite: ACCT 42, ECON 2, IS 44 and one of STAT 71, STAT 130 or ACTS 131)
  • MGMT 110 - Management Process and Behavior (Prerequisite: Sophomore standing)
  • MGMT 120 - Management of Operations (Prerequisite: MATH 20, IS 44 and one of STAT 72, STAT 170 or ACTS 131. Sophomore standing)
  • MKTG 101 - Marketing Principles (Prerequisite: ECON 2 and Sophomore standing)
  • BUS 195 - Business Strategy and Policy (Prerequisite: MGMT 110, MGMT 120, MKTG 101, FIN 101 and Senior standing)

II. All University Required Course & Areas of Inquiry (AOI) Requirements [Link to AOI Course List]

  • Bulldog Foundations (Must be taken in the 1st semester)
  • First-year Seminar or equivalent
  • Critical Thinking - ACCT 41, STAT 72
  • An intensive writing English course
  • Information Literacy - FIN 197
  • Historical Foundations (Two courses; one must provide breadth of coverage.)
  • Global and Cultural Understanding - BUS 70
  • Values and Ethics - BLAW 60
  • Artistic Experience
  • Physical Science*
  • Life Science*
  • Quantitative Literacy - MATH 28 or MATH 50
  • Engaged Citizen
  • Senior Capstone - BUS 195

    * One science course must include a lab.

III. Finance Core Requirements [Link to Finance Major Sheet]

  • ECON 10 - Principles of Macroeconomics
  • FIN 102 - Advanced Corporate Finance (Prerequisite: ECON 10, MATH 28 or higher, FIN 101 and one of STAT 72, STAT 170 or ACTS 135)
  • FIN 119 - Financial Institutions, Instruments, and Markets (Prerequisite: FIN 101)
  • FIN 121 - Introduction to Derivatives (Prerequisite: FIN 119, MATH 28 or higher, FIN 101 or ACTS 120, one of STAT 71, STAT 130 or ACTS 131)
  • FIN 170 - International Finance (Prerequisite: FIN 101)
  • FIN 193 - Portfolio Analysis (Prerequisite: FIN 101, FIN 102 and FIN 119)
  • FIN 197 - Seminar in Finance (Prerequisite: Senior standing, FIN 102, FIN 119 and one of FIN 121, FIN 190 and FIN 193)

IV. Major Elective Requirements (9 Credits; Choose any three, but at least 3 credits must be from finance electives)

    (1) Finance Electives (3~9 Credits; must choose at least one 100-level finance course)
    • FIN 129 Financial Institutions Management (Prerequisite: FIN 101)
    • FIN 150 Introduction to FinTech (Prerequisite: FIN 101)
    • FIN 190 Equity Valuation and Analysis (Prerequisite: FIN 102, senior standing and permission of the instructor)
    • FIN 198 Special Topics in Finance

      (2) Career Track Electives (0 ~ 6 Credits)

    • Financial Data Analytics
      ECON 170, IS 107, 114, 160, CS 167, STAT 130, 170, 172

    • Investment Analytics/Asset Management
      ACCT 165, 166, 167, ECON 130, 174

    • Personal Financial Planning
      ACCT 185, BLAW 120, ECON 109, INS 051, 141

    • Financial Institutions Management
      BLAW 180, ECON 120, INS 141, 161

    • Corporate Finance/Corporate Treasury
      ACCT 110, 120, 175, ECON 174

Typical Finance Course Offerings

  • Both Fall & Spring - FIN 95, 101, 102, 119 & 193
  • Fall only - FIN 121, 170 & 190
  • Spring only - FIN 129, 150 & 197

Recommended Course Sequence



REQUIREMENTS FOR FINANCE/ACCOUNTING JOINT MAJOR [Link to Joint Major Sheets]

  • ECON 10 - Principles of Macroeconomics
  • FIN 102 - Advanced Corporate Finance
  • FIN 119 - Financial Institutions, Instruments, and Markets
  • FIN 121 - Introduction to Derivatives
  • FIN 170 - International Finance
  • FIN 193 - Portfolio Analysis
  • FIN 197 - Seminar in Finance
  • ACCT 105 - Accounting Information Systems
  • ACCT 110 - Managerial Accounting
  • ACCT 165 - Financial Accounting I
  • ACCT 166 - Financial Accounting II
  • ACCT 175 - Auditing Principles
  • ACCT 185 - Individual Taxation

REQUIREMENTS FOR FINANCE/ACTUARIAL SCIENCE JOINT MAJOR [Link to Joint Major Sheets]

  • ECON 10 - Principles of Macroeconomics
  • FIN 102 - Advanced Corporate Finance
  • FIN 121 or ACTS 121 - Introduction to Derivatives
  • FIN 129 - Financial Institutions Management
  • FIN 170 - International Finance
  • FIN 193 - Portfolio Analysis
  • FIN 197 - Seminar in Finance
  • ACTS 120/120L - Theory of Interest and Lab
  • ACTS 131/131L - Introduction to Probability and Lab
  • ACTS 135 - Statistic Modeling/Data Analysis I
  • ACTS 150 - Life Insurance Math I
  • ACTS 161 - Introduction to Probability II
  • MATH 050 - Calculus I
  • MATH 070 - Calculus II
  • MATH 100 - Calculus III
  • STAT 040 - Introduction to R and SAS
  • STAT 170 - Statistic Modeling/Data Analysis II

REQUIREMENTS FOR FINANCE MINOR [Link to Minor Sheets]

  • ECON 10 - Principles of Macroeconomics
  • FIN 102 - Advanced Corporate Finance
  • Three of following courses:
    • FIN 119 - Financial Institutions, Instruments, and Markets
    • FIN 121 - Introduction to Derivatives
    • FIN 129 - Financial Institutions Management
    • FIN 150 - Introduction to FinTech
    • FIN 170 - International Finance
    • FIN 190 - Equity Valuation and Analysis
    • FIN 193 - Portfolio Analysis
    • FIN 198 - Special Topics in Finance

COURSES OFFERED BY SEMESTER [Link to Prerequisite Sheet & Link to Planned ECON Course Offerings]

Dept

No.

Title

Typically
offered

Acct

80

Accounting Information Systems

Fall

Acct

110

Managerial Accounting

Spring

Acct

115

Advanced Managerial Accounting

Fall

Acct

125

Cost Management Systems

Spring

Acct

185

Individual Taxation

Fall

Acct

186

Business Entity Taxation

Spring

Acct

165

Financial Accounting 1

Fall

Acct

166

Financial Accounting 2

Spring

Acct

167

Financial Accounting 3

Fall

Acct

175

Auditing Principles

Spring

Blaw

120

Business Law 2

Spring

Econ

10

Principles of Macroeconomics

Fall / Spring

Econ

105

Money and Banking

Fall

Econ

107

Econometrics

Varies

Econ

130

International Economics

Fall

Econ

173

Microeconomic Analysis

Fall

Econ

174

Macroeconomic Analysis

Spring

Econ

175

Economic Development

Varies

Fin

95

Managing Individual Finances

Fall / Spring

Fin

101

Corporate Finance

Fall / Spring

Fin

102

Advanced Corporate Finance

Fall / Spring

Fin

119

Financial Institutions, Instruments and Markets

Fall / Spring

Fin

121

Introduction to Derivatives

Fall

Fin

129

Financial Institutions Management

Spring

Fin

150

Introduction to FinTech

Spring

Fin

170

International Finance

Fall

Fin

193

Portfolio Analysis

Fall / Spring

Fin

197

Seminar in Finance

Spring

Fin

190

Equity Valuation and Analysis

Fall

Ins

51

Personal Risk Management

Fall / Spring

Ins

141

Business Risk Management

Fall

Ins

161

Insurance Company Operations

Spring

 

DRAKE CURRICULUM [Link to Drake Curriculum Info]

The Drake Curriculum, required of all undergraduates, is designed to help students meet personal and professional goals as they acquire fundamental knowledge and abilities in ten Areas of Inquiry, including communication, critical thinking, artistic experience, historical consciousness, information and technology literacy, international and multicultural experiences, scientific and quantitative literacy, values and ethics and engaged citizenship. Students work closely with their academic advisers to craft a program of study in general education that prepares students for civic and professional leadership.

The Drake Curriculum also requires first-year seminars, which focus on development of critical thinking and written and verbal communication skills through a topical focus; and a Senior Capstone, in which students demonstrate the capacity to bring information, skills and ideas to bear on one project.