Evans Banking & Financial Services Program
"Why Study Business Finance/Banking?"
Position yourself for a high-paying career in banking.
Bank executives are actively recruiting management talent. The banking industry is in need of fresh graduates with a banking background and an understanding of technology as the industry transforms through its most notable period of innovation in history. Our Evans Banking and Financial Services Program has built relationships with banks, federal agencies and bank technology services providers, who value our student talent. Our EKU Banking Program Advisory Board assists our faculty in developing curriculum that meets the needs of the banking industry today. Banks and other firms have created internship and scholarship programs for our students who wish to pursue careers in banking. The EKU Evans Banking and Financial Services Program focuses on experiential learning. We hire professors with industry experience who truly care about your career success after graduation. We teach real-world skills that employers value.
Build Your Resume While You are a Student
Our Banking Program includes the following resume-building experiences for students:
- Leadership positions in the EKU Finance Society Student Organization
- Experience with MorningStar Investments and Research Software in our state-of-the-art Financial Markets and Investments Lab for FIN 324 (Principles of Investments)
- Students become Certified in Credit Analysis by taking a certification exam at the end of Credit Analysis (FIN 315)
- Experience with ProBanker Bank Management Simulation Software in Bank Management (FIN 437)
- Annual Banking and Finance Meetup Event where students network with Nationally recognized industry leaders in banking and financial services
- High-performing students. Our students win national banking competititons and scholarship money!
- A unit on Government Relations in Banking and annual Senior trip to Washington, D.C.
Open to all majors.
Management opportunities abound for students in Accounting, Computer Science, Economics, Finance, Human Resources, Mathematics, Network Security, Public Relations, and Statistics to name a few. A minor in Banking and Financial Institutions will position you for this high-demand career.
Recent turmoil in financial markets has demonstrated the need for knowledge of monetary policy and financial services in all professions. Regardless of your career industry, you will benefit from an understanding of the financial system.
Minor in Banking and Financial Services (24 hours)
The minor in financial services (banking) is designed to provide students with an understanding of monetary policy and its impact on our economy, global financial markets and the structure and operation of financial institutions. This coursework will prepare students to understand current events related to financial markets and institutions, how to optimally utilize the corporate and consumer products and services provided by financial institutions and management of financial institutions.
Students with a minor in financial services must earn at least 12 hours of the total hours at EKU and maintain a cumulative GPA of 2.0 in all courses comprising the minor. This 24-hour minor includes the following courses:
Course Descriptions
BUS 209 Fundementals of Financial and Managerial Accounting. (3) I, II.
Prerequisite: BUS 101, MAT 105 or higher with at least a grade of "C". Focuses on how creditors, investors, and others use accounting information in decision making. Includes objectives, preparation, and uses of managerial accounting information, along with use of accounting information to identify and solve business problems.
ECO 231 Principles of Macroeconomics. (3) I, II.
Prerequisite: completion of developmental requirements. For students with a composite ACT score of less than 21, completion of ECO 120 or 130 is strongly recommended prior to taking this course. Macroeconomic principles, including the study of measures of national economic performance, determinants of aggregate production, employment and prices, monetary and fiscal policy, balance of payments, economic growth and development. Gen. Ed. E-5B [SB].
ECO 324 Money and Banking. (3) A.
Prerequisite: ECO 231. Functions of money, monetary systems, history of banking, functions of the commercial bank, bank assets and reserves, loans and discounts, bank supervision, the Federal Reserve System, central banking policies, monetary and fiscal policies.
FIN 201 Personal Money Management. (3) I, II.
A consumer approach to insurance, family budgeting, income taxes, elementary investment principles, and estate planning. Credit will not be awarded for both FIN 201 and FRM 352.
FIN 304 Financial Institutions. (3) I, II.
Prerequisite: FIN 300. A survey of the evolution of financial institutions, including the impact of regulation and deregulation.
FIN 315 Financial Statement and Loan Analysis. (3) A.
Prerequisites: ACC 201, ECO 324, FIN 304, FIN 310 with a grade of “C” or better in each course. This course introduces the fundamentals of financial analysis for the purpose of credit analysis from the perspective of commercial banks. Students will learn from case studies adapted from real life examples to develop an understanding of credit risk, the development of lending policies and procedures, pricing loans and expectations of risk and return.
FIN 324 Principles of Investments (3) A.
Prerequisite: FIN 300 or 201 or 310 with a grade of "C" or better. Analysis of the characteristics, valuation, and tax implications of various investments such as common and preferred stock; corporate, federal, and municipal debt; mutual funds; money market accounts; options and futures. Explores methods of trading securities.
FIN 437 Bank Management. (3) A.
Prerequisites: ACC 201, ECO 324, FIN 304, FIN 310, FIN 315 with a grade of “C” or better in each course. A synthesis of the financial concepts and theories learned in previous finance courses. The student will develop a quantitative and qualitative understanding of financial institutions management and how decisions are made. This course includes a bank management simulation activity.
Concentration in Banking and Financial Services
The Banking and Financial Services concentration is an option for students pursing a Bachelors Degre in Finance. This concentration will prepare students for a broad range of careers in commercial banking, investment banking, financial technology, bank consulting, bank regulation and policy positions in federal and state government, and other financial service providers. In this program, students develop a strong foundation in economics, financial markets, investments, consumer and commercial credit analysis, bank management, community engagement, and customer relationship development. Students in this program will have the opportunity to sit for the Credit Analysis Certification exam.
