Private Credit and Banking (FPCB)
91-94%
EMPLOYMENT RATE
2020-2024
$60K-$70K
STARTING
SALARY RANGE
WHAT IS PRIVATE CREDIT AND BANKING?
Banks and other financial firms are clamoring to recruit from the credit-savvy pipeline created by combining the FPCB courses, the RMA Credit Essentials Certificate, and Credit Corps hands-on experience. The reputation of the program is growing quickly and broadly. You can get in on the ground floor now. But equally important are the skills of analysis and an understanding of businesses that will serve you well in any future career as well as in your personal life.
Industry-focused experience + Graduate level expertise = More and better career opportunities
WHY PRIVATE CREDIT AND BANKING?
FPCB option allows students to pursue many paths involving financial risks, focusing on banking, valuation, credit analysis, business analytics, credit markets, and a hands-on experiential capstone for those eligible. Any situation where a business has to assess the viability of a counterparty to fulfill its financial obligations will require the skills from the FPCB option. Employers are eager to obtain talent with those skills.
ACCOUNTING
- Introduction to Business Analytics & Principles of Intelligence
- Principles of Accounting
- Introduction to Accounting Analytics
- Intermediate Financial Accounting
BUSINESS INFORMATION TECHNOLOGY
- Introduction to Business Statistics, Analytics & Modeling
- Operations & Supply Chain Management
ECONOMICS
Principles of Economics
FINANCE
- Survey of Finance and Career Planning
- Introduction to Finance
- Financial Analytics
- Investments: Debt, Equity, & Derivatives
- Corporate Finance
- Credit Risk Analysis
- Legal & Ethical Environment of Business
- Asset Valuation & Corporate Governance
- Bank Management & Financial Services
- Fixed Income Securities
- Python for Finance
- Financial Modeling in Excel
- Equity Securities
- International Financial Management
- Managing Risk with Derivatives
- Venture Capital & Investment Banking
MANAGEMENT
- Foundations of Business
- Principles of Management
- Introduction to International Business
- Strategic Management
MARKETING
- Marketing Management
- Principles of Management
Mathematics
Business Calculus
TARGETED CURRICULUM
- In-depth analysis of financial statements
- Constructing financial models of companies
- Problem solving
- Researching businesses, industries, and business models (business analytics)
- Ability to collaborate and allocate work in teams
- Loan portfolio management
- Communication of complex financial issues as related to accept vs. reject loan decisions
- Managerial expertise through the experience of lending real money
- Networking with company executives, advisors, bankers
EXAMPLE CAREERS
- Private Debt/Equity ("Direct Lending")
- Late-Stage Venture Capital Financing
- Investment Banking (IB) (Industry Analysis, Debt Mkts., M&A, Distressed Debt)
- Counterparty Risk Manager (Banks, Corporations, Non-Banks & FinTech Firms)
- Debt Capital Markets (DCM)
PRIVATE CREDIT AND BANKING EMPLOYERS
Our graduates have gone on to work for firms such as Accenture, Amazon, Bank of America, Caerus Commodities, Capital One, Citi, Clarabridge, Compass One Healthcare, Deloitte, Deutsche Bank, EDF, Fannie Mae, Freddie Mac, Geico, KBR, KPMG, L’Oréal, Microsoft, Northrup Grumman, SEI, Tios Capital, Tradeweb, and Wells Fargo, among many more!
INTERNSHIP PLACEMENTS
Current students have been placed in a vast array of companies for their internships encompassing investment banking, consulting, energy and commodity trading, government, investments, financial planning, and corporations.
Meet Your Private Credit and Banking Faculty Lead: STEVE BEACH
The faculty lead is available to all students in the major, providing academic advising, guidance, mentorship, and collaboration to support their academic and career decisions.