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Finance

Finance Major
Undergraduate Program in Newark
There are three tracks for students who wish to major in finance:

Financial Management and Capital Markets

Financial Planning
Real Estate
The requirements for each track are di erent although there is some overlap. 

Financial Management and

Capital Markets track
The Finance sector is comprised of establishments primarily engaged in financial
transactions, which involve the creation, liquidation, or change in ownership of
financial assets. Almost every firm, government agency, and other type of
organization employ one or more financial managers. Working in o ices o en close
to top managers and with departments that develop the financial data those
managers need, financial managers typically have direct access to state-of-the-art
computer systems and information services. Our finance graduates secure careers
ranging from managing finances for startups to working in the biggest, most
prestigious financial firms on Wall Street. Students must be Finance and/or
Accounting majors to complete the program.
Career Paths
Financial managers generally oversee the preparation of financial reports, direct
investment activities, and implement cash management strategies. Managers also
develop and implement the strategies for the long - term goals of their organization. A
bachelor’s degree in finance, accounting, economics, or business administration is
the minimum academic preparation for financial managers. This track academic
programs develops analytical skills and teaches financial analysis methods and
technology.

The duties of financial managers vary with their specific titles, which include:
equity/bond analyst or trader, investment banker, controller, treasurer or finance
o icer, credit manager, cash manager, risk and insurance manager, compliance
o icer, operations manager and international banking supervisor. Candidates for
financial management positions need many di erent skills. Interpersonal skills are
key because these jobs involve managing people and working as part of a team to
solve problems. Financial managers must also have excellent communication skills in
order to explain complex financial data and their interactions. Because financial
managers work extensively with various departments in their firm, a broad
understanding of business is also essential.

Financial managers should be creative thinkers and problem-solvers, applying their

analytical skills to business. They must have knowledge of international finance as
financial operations are increasingly being a ected by the global economy. In
addition, a good knowledge of regulatory compliance procedures is essential.

Rutgers Business School provides students with the skills and industry connections
they need to get jobs in the most prominent financial institutions in New York City
and beyond. With easy access to the city from either campus, internships, networking
events, and alumni connections on Wall Street are minutes away, and provide
valuable experiences for our students.

Career Advice
Watch: Lisa Hornby, RU ’07, o ers tips on getting noticed as a reliable professional
that opens up paths forward in your career. (https://youtu.be/hvEnL9BOTN8)
Sample Occupations
Securities Trader
Financial Analyst
Project Manager
Financial Economist
Claim Adjuster/Examiner
Market Research Analyst
Underwriter
External Auditor

Where Graduates are Working

Credit Suisse
Ally Bank
J.P. Morgan Chase
Northwestern Mutual Financial Services
John Hancock Financial
State Farm Insurance Companies
Bank of New York Mellon
Schering – Plough

Compensation
According to the 2012 U.S. Bureau of Labor Occupational Outlook Handbook,
bachelor’s degree candidates in finance received o ers with a median salary of
$76,950.
How to Apply
Learn more about the admissions process (/undergraduate-
newark/admissions)

Curriculum
Students must take at least 24 major credits beyond the school core, including 12
credits of the required courses and at least 12 credits of electives.

School Core Courses (3 credits)

Finance [29:390:329]

Required (12 credits)

Financial Econometrics

Investments [29:390:315]

Corporate Finance [29:390:330]

Financial Institutions and Markets [29:390:370]

Electives (12 credits)
Students have the option to choose any combination of the following electives.

Ethics in Finance [29:390:331]

Financial Statements and Security Analysis [29:390:340]

International Financial Management [29:390:375]

Futures and Options [29:390:386]

Treasury Management [29:390:440]

Advanced Corporate Finance [29:390:450]

Analysis of Fixed Income [29:390:468]

Security Analysis [29:390:470]

Real Estate Capital Markets [29:390:476]

Real Estate Finance [29:390:480]

Finance Cooperative Education [29:390:490]

Pension Fund Management [29:390:494]

Special Topics in Investment Banking [29:390:495]

Finance Internship (BA) [29:390:496]

Independent Research in Finance [29:390:498]

Notes: The prerequisite course for Treasury Management (29:390:440) is Finance
(29:390:329)

Financial Planning track

The financial planning track is designed to prepare undergraduate finance majors for
an exciting career in financial advisement, where you are helping clients secure a
solid financial future. Our program provides an approved, practical and theoretical
approach to personal financial planning. Successful completion of this curriculum
satisfies the Certified Financial Planner Board of Standards of education and assists
you in taking the CFP Board Examination.

If you have an acumen for finance, strong interpersonal skills and a desire to be
entrepreneurial, then this program is for you. Rutgers Business School’s strong ties
with the financial services industry, and our nearness to New York City—the epicenter
of the financial world—means our financial planning graduates leave with plenty of
opportunities at their fingertips.

Why should you become a Financial

Planner?
Simply put? There's a high demand and the field is booming with opportunity.

The financial planning and advising industry is projected to be one of the fastest
growing job sectors over the next decade, with the U.S. Labor Department estimating
it will grow by about 27 percent in the next five years. The demand for these services
is high, especially as an aging population seeks assistance to plan for retirement.
Further, the field provides ample opportunities for self-employment, or employment
at leading financial services firms.

Further, pursuing the financial planning track as a finance major at Rutgers Business
School will prepare you for earning your Certified Financial Planner
(http://www.cfp.net/) (CFP) designation because it satisfies the educational
requirement for the certification. To become a CFP, you must pass an exam approved
by the CFP Board of Standards which covers over 175 topics in investing and financial
planning. Increasingly, financial planners are expected to have CFP credentials, and
our program will help you get there.

How to Apply
Learn more about the admissions process (/undergraduate-
newark/admissions)
 Curriculum
The financial planning track is available to Newark undergraduate finance majors at
Rutgers Business School-Newark. The track is made up of 7 courses (21 credits) in
addition to core undergraduate business requirements.

Required (21 credits)

Investments [29:390:315]

Financial Institutions & Markets [29:390:370]

Financial Planning/Insurance [29:393:341]

Estate Planning [29:393:466]

Retirement Planning [29:393:467]

Taxation Issues Affecting Financial Planning [29:393:469]

Capstone: Developing a Financial Plan

Real Estate Track

The undergraduate Finance major with an emphasis in Real Estate in the Rutgers
Business School on the Newark campus o ers a curriculum balanced between theory
and practice, providing students with the concepts and skills that are key to
establishing a successful career in real estate. This new program allows students to
acquire a rigorous education and expertise in real estate. Students completing the
track will receive an undergraduate degree in Finance.
This new track is designed for students with a specific interest in real estate and real
estate related assets; providing training in the development, investment, financing
and management of real estate projects. While the basic concepts and tools used to
assess value and risk in real estate markets are identical to those used in the broader
financial markets, investment in property markets requires evaluation of assets that
are heterogeneous and where transactions are negotiated on an asset-by-asset basis
rather than traded on exchanges. Furthermore, activity in real estate markets is
characterized by entrepreneurial activities such as development, property
management and asset management, which are not typically required when
investing in more standardized financial products.

The track consists of seven courses. Four courses, Real Estate Finance, Real Estate
Law, Development and Investments, form the track prerequisites. Students then
choose three electives from four additional courses, Real Estate Capital Markets,
Market Analysis, Feasibility and Valuation, Real Estate Management, and Analysis of
Fixed Income Securities. The set of electives will expand in the future if there is
su icient student demand for the program.

The principal method of teaching employed in the core courses is a lecture-based

format supplemented with case studies. More advanced coursework will emphasize
case studies and project work and will include extensive exposure to the real estate
industry through guest speakers.

Career opportunities in commercial real

estate
The real estate industry o ers a wide variety of career paths in a range of commercial
sectors – Investment Analyst, Asset Management, Development, Corporate Real
Estate Management, Commercial and Residential Brokerage, Appraisal, Commercial
and Investment Banking, Property Management and Mortgage Brokerage.

Curriculum
The concentration track consists of 7 courses (21 credits) in addition to satisfaction of
the core undergraduate business requirements.

Preliminary RBS core requirement:

COURSE NUMBER TITLE CREDITS

29:390:329 Finance 3

Real Estate track prerequisites (12 credits):

COURSE NUMBER TITLE CREDITS

29:390:315 Investments 3

29:851:350 Real Estate Law 3

29:390:480 Real Estate Finance 3

29:851:432 Development 3

Real Estate track electives (9 credits, choose 3):

 COURSE
COURSE TITLE
TITLE CREDITS
CREDITS
NUMBER
NUMBER

29:390:476 Real Estate Capital Markets 3

Property Management and Real Estate

29:851:460 3
Investment Management

Market Analysis, Feasibility and

29:851:430 3
Valuation

29:390:468 Analysis of Fixed Income Securities 3

Suggested course sequence

COURSE
YEAR SEMESTER TITLE
NUMBER

Spring 29:390:315 Investments

Sophomore
semester 29:851:350 Real Estate Law

Fall
Junior 29:390:480 Real Estate Finance
semester
 COURSE
YEAR SEMESTER TITLE
NUMBER

Property
Management and
Spring
  29:851:460 Real Estate
semester
Investment
Management

Development or
29:851:432 Analysis of Fixed
Fall or Income Securities
Senior 29:390:468
semester Market Analysis,
29:851:430 Feasibility and
Valuation

Spring Real Estate Capital

 
29:390:476
semester Markets

The Rutgers Center for Real Estate

Students enrolled in the Real Estate track will have unparalleled access to industry
leaders through the newly created Center for Real Estate Studies (/real-estate-
center). The Center is supported by a 90+ member advisory board consisting of the
most influential and innovative real estate firms in the New York/New Jersey
metropolitan area. Board members will serve as guest speakers, mentor students and
hire Rutgers graduates. Members of the Advisory Board include CEOs and senior
executives at Prudential Real Estate Investors, Canoe Brook Management, Hampshire
Real Estate, Jacobs Development, Paul V. Profeta and Associates, AvalonBay
Communities, CBRE, Cushman & Wakefield, Prologis and many other top-tier firms.
The Center will also provide mentoring, internships and career opportunities in the
real estate profession.

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