The Undergraduate Program in Finance, Insurance and Business Law (the Finance Department) offers significant coursework in accounting and finance, both of which are essential for success as a financial professional. Students learn the fundamental theory underlying the core areas of finance, the application of the various theoretical models in financial decision-making, and various analytical approaches for solving financial problems. The program maintains a strong focus on coursework that will help students apply their knowledge to realistic situations. The program also provides numerous opportunities for students to strengthen their oral and written communication skills and their skills with Excel.

Virginia Tech’s Pamplin College of Business is a CFA Program Partner of CFA Institute, the global, non-profit professional association that administers the Chartered Financial Analyst (CFA) curriculum and examination program.

The Pamplin College of Business is also fully accredited by The Association to Advance Collegiate Schools of Business, the primary accreditation organization for university-level business schools in the United States.

 

University Requirements:

Finance majors are required to fulfill the core curriculum requirements of the university and the Pamplin College of Business in addition to the Finance Departments requirements. A student typically will not start taking courses from the Finance Department before they become a sophomore or junior. The freshman and sophomore years are primarily devoted to satisfying the university and Pamplin College of Business core curriculum requirements. Detailed checksheets, which provide the specific course requirements and recommended sequencing for Finance majors, as well as the university and Pamplin College of Business core curriculum requirements can be found under the "Checksheets/Forms" heading on this page.

 

Finance Department Core Courses:

Once a student has met all of the required freshman and sophomore-level course requirements at university and college level, they can be officially enrolled as a finance major (since the department does not offer finance as a minor.). The following are the requirements of the department.

  • FIN 2164: Survey of Finance and Career Planning (beginning for the Class of 2017)
  • FIN 3054: Legal and Ethical Environment of Business (also listed as college core course)
  • FIN 3104: Introduction to Finance (also listed as college core course)
  • FIN 3134: Financial Analytics, prerequisite for FIN 3144, FIN 3154 and FIN 4154
  • FIN 3144: Investments: Debt, Equity and Derivatives, prerequisite for all 42XX finance electives
  • FIN 3154: Corporate Finance, prerequisite for all 42XX finance electives
  • ACIS 3115: Financial Accounting or ACIS 4194: Analysis of Financial Statements

 

Finance Options:

In addition to taking the University required course, College required courses, and Finance core courses, students majoring in finance are also required to choose a Finance Option.  For more information on Finance Options, please see your adviser.

  • This option is designed for students who are interested in pursuing a career in investment management. Career opportunities in investment management include working at institutional money managers, such as mutual funds and insurance companies, as well as managing money for individuals and families.
  • This option is also designed to prepare students to take Level I (the first of three levels) of the Chartered Financial Analyst (CFA) examination upon graduation. The CFA certification, which one receives after passing all three of the CFA exams, is a globally recognized professional certification for the investment management profession.
  • The required electives for this track are FIN 4144 (International Financial Management), FIN 4224 (Fixed Income Securities), FIN 4264 (Managing Risk with Derivatives), and FIN 4274 (Equity Securities)
  • View the Checksheet.
  • This option is designed for students who plan to pursue a career in corporate finance. Corporate finance professionals work within businesses preparing budgets and forecasts, evaluating proposed projects and acquisitions, overseeing corporate bank accounts and cash management, evaluating and hedging risks, and managing relationships with lenders, bondholders and shareholders.
  • The required electives for this option are FIN 4144 (International Financial Management), FIN 4234 (Venture Capital and Investment Banking), FIN 4244 (Asset Valuation and Corporate Governance), and FIN 4264 (Managing Risk with Derivatives)
  • View the Checksheet.
  • This option is designed for students who plan to pursue a career in commercial banking, which could include positions as loan officers, credit officers, risk managers, branch managers, or operations professionals.
  • Required electives for this option include FIN 4254 (Bank Management and Financial Services) and a choice of three courses from the following:  FIN 4144 (International Financial Management), FIN 4154 Real Estate Finance, FIN 4224 Fixed Income Securities, FIN 4234 (Venture Capital and Investment Banking) and FIN 4264 (Managing Risk with Derivatives).
  • View the Checksheet.
  • This option is designed for students who want to double-major in finance and accounting, which provides students with the flexibility to pursue career paths in both accounting and finance.  The finance/accounting double major also provides excellent preparation for a variety of fields, including auditing, corporate finance, and tax consulting.
  • Students in this option are required to take two elective courses in both accounting and finance.
    • Students must take two of the following accounting electives:
      • ACIS 3116 (Intermediate Accounting II), ACIS 3314 (Tax Impacts on Decisions), and/or ACIS 4214 (Cost Planning and Control).
    • In addition, students must take either FIN 4244 (Asset Valuation and Corporate Governance), FIN 4254 (Bank Management and Financial Services), or FIN 4274 (Equity Securities)
    • And one of the following: FIN 4144, FIN 4154, FIN 4214, FIN 4224, FIN 4234, FIN 4244, FIN 4254, FIN 4264 or FIN 4274.
    • View the Checksheet.
  • This option is designed for students who want to pursue a career in financial planning and wealth management. If you enjoy building relationships, learning about financial markets, and using your knowledge to help people solve problems, this option may be the first step to a fulfilling career advising individuals and families.  Employing firms manage billions of dollars for their clients, yet maintain personal relationships with each client to advise them on accomplishing their goals and managing life’s crises. 
  • Because the option is a CFP Board-Registered Financial Planning Program, graduates meet the education eligibility requirements to sit for the Certified Financial Planner (CFP®) examination.  The CFP® designation is the most widely recognized among the public, and reflects the requirements of education, examination, ethics, and experience required to be called a CFP® professional.
  • Required courses in the CFP Board-Registered Program include:
    • FIN 3124: Financial Planning for Professionals
    • Fin 3204: Risk and Insurance
    • FIN 4004: Wills, Trusts and Estates
    • FIN 4104: Retirement Planning
    • FIN 4124: Client Relationship Management
    • AAEC 4134: Financial Planning Applications
    • ACIS 4344: Tax for Financial Planners
    • Students must also take either FIN 4254: Bank Management and Financial Services or FIN 4274: Equity Securities to meet departmental graduation requirements.
  • View the Checksheet.
  • Virginia Tech does not certify individuals to use the CFP®, Certified Financial Planner™ and marks. CFP® certification is granted solely by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.
  • To hear from a Virginia Tech CFP® Professional: Rianka Urbinia Dorsainvil, former VT SGA Vice President: https://www.bing.com/videos/search?q=i+am+a+cfp+pro&view=detail&mid=7714E103381AA22B5B067714E103381AA22B5B06&FORM=VIRE

Finance Electives:

The Finance Department offers a variety of electives for its students, which are designed to prepare them for the various career paths available to finance majors. The electives required for each track within the undergraduate finance program are outlined on the departments checksheet.

  • FIN 4144: International Financial Management
  • FIN 4154: Real Estate Finance
  • FIN 4224: Fixed Income Securities
  • FIN 4234: Venture Capital and Investment Banking
  • FIN 4244: Asset Valuation and Corporate Governance
  • FIN 4254: Bank Management and Financial Services
  • FIN 4264: Managing Risk with Derivatives
  • FIN 4274: Equity Securities
  • ACIS 3116: Financial Accounting II
  • ACIS 3314: Tax Impact on Decisions
  • ACIS 3215: Cost Accounting
  • ACIS 4214: Cost Planning and Control

Finance Free Electives:

  • FIN 3174: Finance Career Strategies
  • FIN 3954: Finance Study Abroad
  • FIN 4004: Wills, Trusts and Estates
  • FIN 4014: Internet Law
  • FIN 4284: Free Markets and Economic Welfare
  • FIN 4214: Financial Modeling in Excel

Minors in Business:

  • Applied Business Computing
  • Entrepreneurship
  • International Business
  • Leadership
  • Professional Sales
  • Real Estate

For more information on these minors, including the required coursework, click HERE.

Virginia Tech's Title IV Code required on the FAFSA: 003754.

For detailed information on financial aid, please contact

Office of University Scholarships and Financial Aid (MC 0222)

Student Services Building, Suite 200, Virginia Tech

800 Washington Street SW, Blacksburg, VA 24061

Office Hours: Monday through Friday, 8am-5pm.fa

Contact Information

Checksheets are an excellent way to help students chart their academic processes. A checksheet, combined with advisor meetings and a DARS* report will help a student stay on track for graduation.

Checksheets are in line with the year the student is planned to graduate. They are also available for Finance majors in the department office at Pamplin 1016.

*You must apply for your degree at the beginning of your junior year. Approximately 2-3 business days after applying for your degree, you will be able to request your DARS report through Hokie SPA.

Following are the links to the checksheets of the graduating years:

2020 / 2019 / 2018 / 2017 / 2016 / 2015 / 2014 / 2013 / 2012 / 2011 / 2010 / 2009 / 2008 2007 / 2006 / 2005 / 2004 /

2003 / 2002

Other Forms:

Graduation Requirements (Checksheets) - Registrar Site

2017 - 2018: 

  • Fall
  • Spring 
  • Summer 1
  • Summer 2

2016 - 2017: 

2015 - 2016: 

2014 - 2015: 

 

2013 - 2014:

2012 - 2013: 

2011 - 2012: 

2010 - 2011: 

 

2009 - 2010: 

2008 - 2009: 

2006 - 2007: 

2005 - 2006: 

2004 - 2005: 

2003 - 2004: 

2002 - 2003: 

Advising at Virginia Tech is a collaborative process between student and advisor leading to the exchange of information for making responsible academic and career decisions. All Pamplin Students are advised through our Undergraduate Advising Office.

 

Advisors:

  • BASIS: George Morgan
  • SEED: Randy Billingsley
  • CFA® Program: Brian Hart
  • CFP® Program: Derek Klock
  • Finance Club: Wally Newton
  • Pre-Law Advisor: Janine Hiller
  • UG Career/Placement: Mike Kender

 

Statement of Advisor Responsibility:

The advisor shares the responsibility for developing an advising partnership with undergraduate students. This is achieved through the advisor:

  • Communicating with students and delivering individualized and accurate information in a professional sincere manner;
  • Being informed of, and providing accurate information about current academic policies and procedures;
  • Keeping appointments and being available for assistance;
  • Providing appropriate referrals, contacts, and information;
  • Doing appropriate follow-up with students; and
  • Seeking out and taking advantage of opportunities for professional development.

 

Statement of Student Responsibility:

The student shares the responsibility for developing an advising partnership with the advisor. Over time, the partnership results in increased responsibility for the student. The student will:

  • Communicate goals, needs, wants, and concerns to the advisor in a respectful and sincere manner;
  • Keep abreast of their own academic progress and requirements related to their academic program;
  • Make, keeping, and being prepared for appointments with advisor;
  • Inform the advisor of changes in plans and/or circumstances that might impact academic performance;
  • Know departmental procedures for changing advisors; and
  • Bring concerns regarding quality of advising to the attention of the advisor.

For the most updated versions of the statements of responsibility please visit: http://www.advising.vt.edu

The Pamplin College of Business provides many international opportunities for its students. It offers a number of faculty-led study abroad programs and supports exchange and internship programs around the world.

What is your Return On Investment (ROI) on studying abroad?

Study abroad means a variety of opportunities for you to learn, live and travel in another country or region of the world.

  • Travel with VT faculty to exotic destinations in Europe and Latin America.
  • Take VT or other university courses at an overseas campus.
  • Study at another university through an exchange program. Take classes in English and the local language alongside other international students.
  • Attend another university and gain internship experience while taking regular classes.

International Business Minor information is here.

Internships:

Work for a company overseas. There are full and part time positions available in several countries. Earn real money and/or class credit while learning how business is conducted in another country. Combine internships with regular coursework at several universities around the world. Some positions require only English while others require some level of fluency in another language. These are a wonderful way to build your resume; work experience, language proficiency, international living.

Dual degrees:

You can earn a bachelor and masters degree in 5 years through these unique programs. You will also develop fluency in another language, have an internship and prepare yourself for new career opportunities.

International business minor:

International Business Minor information is here.

You might also want to earn the global business minor as part of your international studies.

Top 10 reasons to study abroad

Who is my advisor?

All Pamplin Students have an advisor in the Undergraduate Advising office. To schedule an appointment with your advisor please visit their Advising page.

 

Can I minor in Finance?

Unfortunately, the department does not offer a minor in Finance. However you can choose Finance as a second major or a dual degree.

 

What are the requirements for a major in Finance?

You need to fulfill requirements at both Pamplin College of Business and University level before enrolling for finance core courses. The department has a checksheet for you to break down the classes you need to take for by the year you plan to graduate. You will also be required to choose one (or more if you want) career tracks preparing you for your interested job positions. Check the following links for department checklists and course requirements here.

You may also consult the Undergraduate Course Catalog.

 

What are Finance Career tracks?

Students select different combinations of elective courses to fulfill the requirements of one or more of the tracks offered. The tracks are:

  • Investment Management and Chartered Financial Analyst (CFA) Track
  • Corporate Financial Management Track
  • Financial Services Management Track
  • Financial Accounting Track
  • Certified Financial Planner Certification Education Track
  • General Finance Track

 

What is DARS?

DARS is an acronym for Virginia Tech's Degree Audit Reporting System. It is a computer generated report for undergraduate and associate level students. The report matches the degree requirements of an undergraduate degree program showing the student's course work already taken toward the requirements. The audit report serves the following purposes:

a. The audit identifies those graduation requirements completed as well as those requirements needing completion prior to graduation.
b. The DARS report provides each student and advisor with an important advising and planning tool to assist with appropriate course schedules each semester.
c. Students should apply for their degree and initiate a DARS Report no later than the first term of junior year.
For more information check this website: http://registrar.vt.edu/academic-records-multi-brief/index2.html 

 

How do I apply for a degree?

To request a DARS report

  1. Log onto Hokie SPA
  2. Click on "Degree Menu"
  3. Click on "Undergraduate Degree Menu" or "Associate Degree Menu"
  4. Click on "Degree Audit Report Menu"
  5. Click on "Request a Degree Audit"
  6. Select the appropriate degree program from the drop down menu
  7. Click "Run Audit"
  8. Click "View Submitted Audits"
  9. If your audit does not appear click "Refresh the list" until it appears.
  10. Click on the link to the DARS

You can request and view DARS reports at any time after applying for your degree. It is recommended you request a new DARS report at least once each semester.
REMEMBER: If you want to add a minor, concentration or double major, you should do so with your academic dean's office before you can update it on your application for degree.

 

What is a “force-add” and what are the processes for force-add?

A Force-Add is a request for a course when a student is unable to register for the course through either course request or drop/add. All force-adds are processed as soon as possible. Acceptable uses for a force-add would be trying to enroll in a course where you've taken a prerequisite at another University and the course has not transferred yet, or other such situations. A force-add is not to change a section, or to waive a prerequisite. The Force-Add form for Finance courses can be found off the Departmental homepage. The Finance Department only processes Force-Adds for Finance courses.

 

Independent Study

There are two types of Independent Studies.

The most common is an Internship Independent Study.
An Internship Independent Study can be done when an internship requires a student to receive credit in order to be granted the internship. In order to receive Internship IS credit a student must provide the department the following before the start of the internship:

  1. An offer letter of employment/internship
  2. A description of the internship
  3. A completed Independent Study form

In order to receive credit for the Internship I.S. the student must provide:

  • A letter of successful completion of the Internship
  • A 5 to 7 page report detailing what was learned during the Internship

The Internship I.S. will be 1 credit, pass/fail. It will only count as a free elective.

The second type of Independent study is to further a student's knowledge in a particular area. This type of independent study is rare. Usually it will be counted as 1 credit, though depending on the depth of the work involved, may be approved for 3 credits. To do this type of independent study, first the student needs to find a professor willing to work with him/her, and then fill out the Independent Study Form.

 

I didn’t consult with any faculty member before starting my internship, can I still get any credit for my internship experience?

Unfortunately, no. Finance Department doesn’t automatically offer academic credits for any internship. However, please see the question above for earning credit for an internship.

 

Can I transfer credit on courses I took elsewhere?

Information on Transferring Classes can be found on the Pamplin College of Business Advising page.

 

GRADE REQUIREMENTS (Undergraduate)

Overall GPA of at least 2.0 and in-major GPA of at least 2.0 are required for graduation.
Fin 3134, Fin 3144, Fin 3154: C or better required for graduation.

 

*Always check your DARs report, and Checksheet for changes to rules and grade requiremt

Why Choose the Finance Program?

The Finance program is one of the strongest undergraduate programs in the Pamplin College of Business. It is also the largest, graduating over 300 students per year (including double majors). Students continue to choose finance as their major of choice as they learn more about the faculty, training, and placement opportunities that the finance program provides.

Why Join the Pamplin Undergraduate Program?

Virginia Tech's Pamplin College of Business places great emphasis on its undergraduate program. The best faculty teach in the program, and many also serve as advisors for student organizations affiliated with the college. The college and the university also provide significant resources to assist students with undergraduate academic advising and placement activities. The Pamplin College of Business's undergraduate program has been consistently ranked in the top 50 by U.S. News and World Report. It was ranked 39th in the 2015 report (23rd among public universities).

The Finance Department's faculty are internationally recognized experts in their respective fields. Their ongoing research allows the faculty to bring the latest concepts and ideas into the classroom. In addition, many of the faculty members have significant real world experience that enables them to connect finance theory with its practical applications, discuss current events with useful insights, and provide students with relevant career advice.

Finance majors consistently have one of the highest placement rates (approximately 80%) and median starting salaries ($56,700 in 2014) among the majors in the Pamplin College of Business. Over 100 companies and government agencies came to Virginia Tech's campus last year to recruit finance majors, including major corporations, financial institutions, consulting firms and government agencies. A list of them is provided HERE.

Virginia Tech's finance majors enter a wide range of finance career paths, including corporate finance, financial planning, wealth management, commercial banking, investment banking, insurance, real estate and consulting. Our finance majors are also hired by a number of agencies of the governments of Virginia and the United States. For a more detailed description of the career paths available to finance majors, please visit our Careers in Finance webpage.

The Finance Department's undergraduate core curriculum provides its students with finance and accounting knowledge and skills that they can apply to a broad range of finance careers. Once students have finished the core curriculum's requirements, they can then choose from six different tracks offered by the department: Corporate Financial Management, Investment Management/CFA, Financial Services Management, Financial Accounting, Certified Financial Planner, and General Finance. These tracks provide students with advanced, specialized coursework that is designed to help them to gain employment and succeed in their desired fields.

Outside of class, the Finance Department's students also have to opportunity to join and participate in a number of student organizations that provide additional experiential learning opportunities. A number of the department's most senior faculty members work with these organizations as faculty advisors. Examples include BASIS and SEED, two groups that each manage $5 million investment funds, and the Financial Planning Association, a professional group for students interested in careers involving financial services for individuals. Additional information about these and other student organizations is provided HERE.

Finance students also have access to a large number of internship opportunities with dozens of employers that recruit at Virginia Tech. Most internship opportunities are for students who have finished their junior year, but some are available for sophomores. Students can also participate in the university's Cooperative Education Program, in which students work for a company for a semester or more during the school year. In addition, students can expand their learning by participating in undergraduate research and independent study projects with the department's faculty members.