What is Finance?
Finance is concerned with decisions about money. Finance decisions deal with how money is raised and used by businesses, governments and individuals.
The study of finance consists of several interrelated areas:
- Financial markets and institutions. Banks, insurance companies, savings and loans, and credit unions are all part of the financial services marketplace.
- Investments. Both businesses and individuals make decisions regarding the securities that will be selected for their investment portfolios.
- Financial services. There are a number of specialized organizations that deal with the management of money, including brokerage firms, pension plans, and mutual funds.
- Managerial finance. Firms must make decisions about cash flows, both inflows and outflows. Funds must be raised and wisely expended.
Current Lindner students may add this minor to enhance their majors. Non-Lindner students already pursuing a baccalaureate degree in any college at the University of Cincinnati can add the minor to their program as long as they meet the following requirements:
- Have 30 earned semester credit hours
- Have at least a 3.0 University GPA and be enrolled in a four-year degree granting program
- Complete at least 50 percent of all minor coursework in the Lindner College of Business
- Earn a 2.0 in minor courses to be certified with the minor.
To apply for the minor, students should visit the Lindner Program Options site.
Students will be notified by email of their acceptance into the program and the process for registration in the Lindner classes required for the minor.
Successful individuals in finance possess excellent critical thinking skills and the ability to analyze information. Other attributes include:
- Quantitative proficiency
- Ability to identify and control risk
- Strong organizational skills
- Excellent oral, written and electronic communication capabilities
- Leadership skills
- Competence in decision-making
- Capacity for teamwork
Finance is a part of people’s lives no matter their chosen career. Therefore, it is vitally important that students have some understanding of general finance concepts.
A number of career paths would benefit from the addition of a Finance minor.
Accounting: Financial Accounting, Tax Accounting
Economics: Economic Policy, Economic Development
Engineering: Project Management
Health Care: Health Care Administration, Health Care Policy
Information Systems: Financial Systems, Enterprise Systems
Management: Human Resources, Strategy
Marketing: Market Analysis, Pricing and Promotion
Success in today’s business environment is primarily driven by who students are and how they act. Accordingly, business education at Lindner focuses on the development of each student’s individual Professional, Academic, Character and Engagement (PACE) to ensure they can successfully pursue the personal and professional goals they are passionate about.
- Classes in Lindner ensure that our students learn the professional communication skills they need to excel in today’s business environment.
- Lindner’s Career Services team works with undergraduate students in developing resumes, learning interviewing techniques and obtaining the practical skills that fulfill the expectations of businesses.
- Lindner students are distinct individuals with unique goals and interests, and that is why our curriculum ensures that students have a foundational understanding of the key business functions. The breadth of minors allows students to add a minor that will customize their education for added value.
- Character means having the strength and conviction to both lead and work with teams made up of diverse social, cultural and economic viewpoints. Lindner business courses help students build these skills through hands-on, collaborative projects, often working with Cincinnati businesses.
- Students’ lives and careers will be comprised of much more than just work. Community service, citizenship and organizational involvement are all key components of personal growth. In Lindner, students are encouraged to get involved in the things they care about via the 20-plus student organizations within the Lindner College of Business, the 300-plus organizations within the University of Cincinnati and ongoing partnerships with service organizations like the United Way of Greater Cincinnati.
Students who have been accepted to the minor will see the minor appear on their application for graduation. Students apply for graduation in the minor as they normally would for their bachelor’s degree.
Applications deadlines for the business minors follow the “application for change in college” dates.
Fall Semester – July 1
Spring Semester – November 1
Summer Semester – March 1
The UC Lindner College of Business has been accredited continuously since 1919 by AACSB International, the Association to Advance Collegiate Schools of Business, the premier accrediting agency for business colleges.