The banking and finance degree provides students with a broad and practical background in bank-related management skills and the application of those skills to the banking field. Topics with which a bank manager should be familiar (commercial and real estate lending, investments, regulatory structure, and financial statements) receive major emphasis. Several course projects require extensive research into these bank-related fields. The graduate is also familiar with the computer field and with some accounting and spreadsheet applications.
The graduate is qualified for a position as a manager or assistant manager of a small bank, savings and loan or credit union. In a larger institution, the graduate could specialize in either the loan origination or consumer/commercial credit department.
Career Outlook
Most opportunities will be found in financial institutions which include banks, credit unions, loan companies, insurance firms, stock brokerage firms, investment banking firms and commercial and residential real estate businesses. As the economy grows, loan officers/counselors will process more applications for commercial, consumer, and mortgage loans. Financial Manager Positions are expected to grow about as fast as the average, especially in the securities industry because more people are investing.
Program Learning Outcomes
Learners will be able to:
- Explain the major styles of management.
- Apply appropriate comprehension of business ethics.
- Exhibit personal skills of business etiquette.
- Evaluate effective comprehensionof banking practices.
- Differentiate between commercial and consumer banking.
- Describe the sequence of procedures necessary to close a real estate loan.
- Explain the relationship between taxes and cash flows.
- Describe personal selling and its unique characteristics as a marketing communications tool.
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