Students can launch a successful career in the fast-paced and changing world of Finance and Insurance by earning a Bachelor of Science in Business Administration with a Specialization in Finance or a Specialization in Insurance, or by completing required coursework in a Minor in Finance or a Minor in Insurance, depending on an individual student’s career goal and educational need.
Through the Department of Finance, students can also earn the designation of Certified Financial Planner (CFP®) by taking courses in the Financial Planning Concentration within the Finance specialization. After completing the required eight courses, students will meet the educational requirements of the CFP® Board of Standards and be eligible to sit for the CFP® certification examination.
Finance Career Opportunities
Finance is a broad discipline dealing with allocating funds within organizations and acquiring funds to meet current and future needs. Finance students distinguishing themselves through proper coursework, internships and co-curricular activities enjoy exciting careers the areas below: (Click Five Career Tracks for Finance Students for more information)
- Corporate/Business Finance: Entry level positions in a credit or treasurer’s department of non-financial firms where employees may analyze credit applications, assist in the management of bill collections, manage cash and short-term investments, prepare budgets, and handle bank relations. Recent recruiters of our Finance graduates include Avery Dennison, David J. Joseph Co., Goodrich, Health Care REIT, Julian & Grube, Owens Corning, Owens Illinois, Reliance Electric, Sherwin-Williams Paint Co., and UPS.
- Financial Institutions: Graduates joining commercial banks may train in various departments for 6-12 months until they begin positions in lending, branch supervision, operations, internal auditing, trusts, and investments. Others join investment banks and governmental agencies. Recent recruiters include Charter One Bank, Fifth Third Bank, Huntington National Bank, Key Bank, National City Bank, Provident Bank, and Wells Fargo.
- Investments: Graduate work as security analysts and investment portfolio managers of investment and securities companies. Experience is usually necessary. Recent recruiters include Citigroup, CORE Network, Dean Witter, Fidelity Investments, JP Morgan, Madison Financial Advisors, Merrill Lynch, Morgan Stanley, Olde Discount Brokers, and Prudential Securities.
- Insurance and Risk Management: Entry-level positions in areas of management training, claims adjustment, claims representatives, underwriting, credit management, risk management, and sales. Careers extend into employee benefits, managing exposure to financial risk, reinsurance, and physical risk management. Recent recruiters include Allstate Insurance, American Share Insurance, Great-West Insurance, New York Life, Northwestern Mutual, Progressive Insurance, Prudential Insurance, State Farm Insurance, and Westfield Insurance.
- Personal Financial Planning: Graduates work for an independent financial planning company or a regional branch of a national financial services company, providing services in the areas of investment, insurance, tax, retirement, and estate planning. Recent recruiters include American Express IDS, Fidelity Investments, ING Financial Advisors, Madison Financial Advisors, Skylight Financial Group, Norwest Financial, Skylight Financial Group, and St. Bonore Financial Services.
Internships will help students explore a career in finance, insurance and risk management. Many finance and insurance companies recruit on-campus for finance and insurance interns. More than 70% of Finance students complete at least one internship during their school years, and our programs aim to have all finance and insurance program students complete at least one insurance internship before they graduate.
Thanks to the generosity of companies, alumni, and friends, scholarships are awarded to program students based on their academic performance, extra-curricular activities and/or financial need. The scholarship application process begins in spring semester. During the 2014-15 academic year, the Department awarded more than $25,000 in scholarships to Finance students.
- Current starting salary over $55,000
- Over $20,000 in department scholarships are awarded each year.
- More than 70% of students complete at least one internship.
- Finance student teams won a 3rd place in the International Association of Registered Financial Consultants (IARFC) International Financial Plan Competitions two years in a row, 2013 and 2014.
- A Finance student team received a 3rd place in the Society of Financial Services Professionals (SFSP) National Industry Plan Competition in 2015.
- Student teams participating in the CFA Institute Investment Research Challenge in 2009 finished in the top 6 of more than 240 competitors from North and South America.
- Select Finance students have the
opportunity to participate in the Student Managed Investment Fund,
analyzing stocks and regions of the world and making recommendations
on the investment of a real portfolio of funds provided by BGSU
Foundation.The new Business Research and Finance
- Trading lab offers an opportunity for students to develop up-do-date and sophisticated investment and portfolio skills.
- Financial planning program is officially registered with the U.S. CFP Board for a Certified Financial Planner (CFP) professional certification. The mean gross income of financial planners/advisors with 1 to 4 years of experience was almost $100,000 in 2011.
- Financial Management Society (FMS), the Finance student organization, enables Finance students to develop leadership abilities and to network with company representatives.
- Our successful alumni reflect the quality of the BGSU education. Graduates of this program include Chief Financial Officers of international companies and a found of a major software company.
Why Study at BGSU Business School?
- Ranked in top 5% of business schools by Bloomberg Businessweek
- In top 2% of world’s business schools accredited in both accounting and business
- Ranked in top tier of business schools by The Princeton Review & U.S. News and World Report
- Faculty includes Master Teachers, Fulbright Scholars & highly-cited authors
- Student organizations place in the top nationally and internationally
- Average starting salary of College of Business graduates is $49,000
- Eighty percent of graduates have jobs or are in the interviewing process
- Designated career services office networking with companies throughout country
Department of Finance faculty members are internationally known and have strong academic and professional expertise. Finance faculty members publish papers in the main-stream finance and business refereed journals and present their valuable research at professional meetings throughout the United States and abroad. Our faculty members have received numerous research awards/recognition and best paper awards from various professional organizations including being listed in the top 3% of most published authors in Finance and the 2009 Outstanding Paper Award from the Journal of Financial Research.
Program Description and Requirements
Click the links below to view a detailed description and course requirements of each program:
We are committed to delivering a quality educational experience to our undergraduate and graduate students at Bowling Green State University. Please explore our programs in depth.
Department of Finance