Program: B.S., Business Administration
Insurance and Financial Services
Overview
The Option in Insurance and Financial Services is specifically designed to prepare students for a career in the areas of the financial services industry–investments, insurance, securities and personal financial planning. Because many firms in the financial services industry are engaged in all of these areas, the option covers theoretical and practical knowledge of the various segments.
Admission to the Insurance and Financial Services Option
Insurance and Financial Services is an impacted program. Students seeking an Option in Insurance and Financial Services may initially declare a major in Pre-Insurance and Financial Services while working to satisfy supplemental criteria, which requires completion of at least 60 units and a minimum cumulative GPA of 2.6. Students must qualify by the time they earn 90 units. Additionally, a grade of “C” or higher in FIN 303 is a prerequisite for all 400-level Finance (FIN) courses and selected 300-level Finance courses.
Program Requirements
Business Majors
A Business major is any student majoring in Accountancy; Finance; Information Systems; Management; Marketing; or Business Administration with an Option in either Business Law, Global Supply Chain Management, Insurance and Financial Services, Real Estate, or Systems and Operations Management. Accountancy, Finance, and Insurance and Financial Services are impacted majors with additional admission requirements. All Business majors share 27 units of common Lower Division core courses and 19 units of common Upper Division core courses.
Double Major Requirements
Students seeking a double major in the David Nazarian College of Business and Economics must have at least a 3.0 overall GPA and be able to complete both majors within a maximum of 140 units.
Transfer Course Requirements
Students should be aware that no grade lower than “C” will be accepted on transfer from another institution to satisfy Department or David Nazarian College of Business and Economics requirements.
Residency Requirement
At least 50 percent of the business and economics course credit units and 50 percent of the specialized major credit units required for the Bachelor of Science degrees in Accountancy, Business Administration, Finance, Information Systems, Management, Marketing and the Bachelor of Arts degree in Economics must be completed in residence at CSUN.
Course Requirements
Check course descriptions for prerequisite courses. Prerequisites must be completed prior to enrolling in the course.
1. Common Lower Division Business Core (27 units)
ACCT 220 Introduction to Financial Accounting (3)
ACCT 230 Introduction to Managerial Accounting (3)
BLAW 280 Business Law I (3)
COMP 100 Computers: Their Impact and Use (3)
ECON 160 Principles of Microeconomics (3)
ECON 161 Principles of Macroeconomics (3)
ENGL 205 Business Communication in its Rhetorical Contexts (3)
MATH 103 Mathematical Methods for Business (3)*
SOM 120 Basic Business Statistics (3)**
*MATH 103 or a higher level mathematics course (e.g. Calculus: MATH 150A or MATH 255A) must be completed with a grade of “C” or better.
**The 4-unit MATH 140 course also satisfies this requirement.
2. Common Upper Division Business Core (19 units)
BUS 302 The Gateway Experience (3)
BUS 302L The Gateway Experience Laboratory (1)
BUS 497A or BUS 497B Capstone (3)
FIN 303 Financial Management (3)
MGT 360 Management and Organizational Behavior (3)
MKT 304 Marketing Management (3)
SOM 306 Operations Management (3)
3. Required Upper Division Courses for the Option in Insurance and Financial Services (6 units)
Communication Course
Select 3 units from the following:
COMS 323 Group Communication (3)
COMS 443 Rhetoric of Business (3)
ENGL 305 Intermediate Expository Writing (3)
ENGL 306 Report Writing (3)
ENGL 407 Composition and the Professions (3)
PHIL 305 Business Ethics and Public Policy (3)
In addition to the courses shown above, the student must complete an additional 18 units of required option specific courses.
4. Upper Division Required Courses (9 units)
Note: Students who select the Insurance and Financial Services Option may not also select the Bachelor of Science degree in Finance.
FIN 336 Principles of Insurance (3)
FIN 352 Investments I (3)
FIN 442 Theory and Practice of Financial Planning (3)
5. Insurance and Financial Services Option Elective Courses (9 units)
Select three of the following courses:
ACCT 440 Income Tax I (3)***
ACCT 441 Income Tax II (3)***
BLAW 409 Wills, Estates and Trusts (3)
ECON 311 Money, Banking and the Federal Reserve (3)
FIN 338 Real Estate Principles (3)
FIN 431 Risk Management (3)
FIN 433 Real Estate Finance (3)
FIN 434 Life and Health Insurance (3)
FIN 438 Management of Financial Institutions (3)
FIN 440 Retirement Planning and Employee Benefits (3)
IS 312 Information Systems for Business (3)
***ACCT 440 and 441 have additional prerequisites beyond the required courses shown above.
6. General Education (48 units)
Undergraduate students must complete 48 units of General Education as described in this Catalog.
3 units of the mathematics requirement satisfy the Basic Skills, Mathematics requirement. BLAW 280 satisfies 3 units of the Lifelong Learning requirement. ECON 160 and ECON 161 satisfy 6 units of the Social Sciences requirement. COMP 100 satisfies 1 additional unit of the total 48 units required for GE.
Total Units in the Major/Option: 70
General Education Units: 35
Additional Units: 15
Total Units Required for the B.S. Degree: 120
Contact
Chair: M. Monica Hussein
Juniper Hall (JH) 3125
(818) 677-2459
www.csun.edu/finance
Student Learning Outcomes
The Student Learning Outcomes (SLOs) for the B.S. in Business Administration are designed to demonstrate student understanding and ability in the following: Written and Oral Communication, Problem-Solving and Critical Thinking, Ethics and Social Responsibility, Global Context of Business, the Cross-Functional Nature of Business, Key Business Concepts and Effective Teamwork.
The finance-specific learning goals are that our graduates will be able to:
- Recognize and analyze ethical problems in corporate governance and investment management.
- Demonstrate a working knowledge of corporate finance including capital budgeting concepts and analysis.
- Demonstrate a working knowledge of equity and fixed-income investments.
- Apply their knowledge of financial statement analysis to problems in valuation and corporate finance.
- Demonstrate a working knowledge of the portfolio management process.