The Finance Major at Loras College is directed toward students seeking careers in the financial services industry, as well as those wishing to enhance their knowledge and skills of finance for other personal and professional endeavors.
The financial services industry includes careers in banking, insurance, pension management, corporate finance, and investments. Our students have been successful in securing fulfilling career positions in these areas at companies like Goldman Sachs, Principal Financial, Prudential, Heartland Financial, Lazard Ltd, IBM, the Chicago Board of Trade, and many others.
Finance students have an array of opportunities for extracurricular experience. From our LIFE Portfolio class to off-campus internships, we encourage you to be involved on and off-campus.
Loras College Finance Student Experience
One of the most novel offerings for Business-related majors is the LIFE Portfolio Class where students actually manage part of the Loras College endowment in the stock market. The students have not only learned firsthand how to select and manage investments, but they have also in most periods garnered exceptional returns.
Loras’ Phi Beta Lambda (PBL) chapter provides opportunities for our students to learn more about finance and business careers as well as network with professionals in finance and the business field. The club also provides students the opportunity to compete at the state and national levels in finance-related events and a broad range of other business-related topics.
One of the most popular campus events sponsored by our finance students is the Stock Market Game competition. Those who participate compete against each other by simulated investing in the stock market to grow the largest portfolio. Those who are at the top at the end of the competition each semester win valuable prizes. It is not only a tremendous learning opportunity for those who participate, it is also a fun activity, pitting student against student and student against faculty. The number of participants each semester has grown to over 80.
There is strong support for internships part-time during the academic year or full-time during your senior spring semester or summer. Duhawk alumni are active in helping our finance students find great internships.
Student Learning Outcomes – Finance
The ability to analyze financial statements to evaluate company performance and strategy.
The ability to apply time value of money concepts to analyze the capital budgeting decisions and capital structure choices of businesses
Understanding of the concept of market efficiency and the ability to analyze and evaluate/value a variety of financial assets
Understanding of the multiple types of exchange rate risk and how analyzing and applying strategies companies use to mitigate this risk
Analyzing the workings of financial markets and financial institutions and the importance of asymmetric information
The ability to apply theoretical, classroom learning in real-world settings
Ability to effectively communicate financial analysis as expected across professional settings
Demonstrate knowledge of and the ability to apply ethical standards, including Catholic Social Teaching (CST) and fiduciary principles, to moral dilemmas in finance
“What can you do with a Finance degree?”
As a Finance major, you will be prepared for a variety of interesting careers: