This is an archive of the 2020-2021 University Catalog.
To access the most recent version, please visit

This is an archive of the 2020-2021 University Catalog.
To access the most recent version, please visit


Program Description

The B.S. in Finance offers three options:

  1. Financial Analysis, which provides a general education in financial theory and practice.
  2. Financial Planning, which prepares students for careers as personal financial planners.
  3. Insurance, which prepares students for careers in insurance and risk management.

As part of the curriculum, the department offers elective courses in futures and options, real estate, insurance, risk management, international finance and an honors section of FIN 491, the Student Portfolio Management class, where a small number of students manage a stock portfolio for The University Corporation.

Admission to the Finance Major

Finance is an impacted program. Students seeking a major in Finance may initially declare a major in Pre-Finance 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, Real Estate, or Systems and Operations Management. Accountancy and Finance 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 a “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)
ECON 160 Principles of Microeconomics (3)
ECON 161 Principles of Macroeconomics (3)
ENGL 205 Business Communication in Its Rhetorical Contexts (3)
IS 212 Information System for Business Users (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 140BUS 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. Finance Core (9 units)

BLAW 308 Business Law II (3)
FIN 352 Investment Management (3)

Communication Course
Select 3 units from the following:

BLAW 368 Law, Business and Ethics (3)
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)

4. Insurance Option (15 units)

(Financial Planning and Insurance option majors may elect to double option in Financial Planning and Insurance provided that the students have at least a 3.0 overall GPA and are able to complete both options within a maximum of 120 units. Financial Analysis option majors may not double option in Financial Planning or Insurance.)

Required Courses (12 units)

FIN 336 Principles of Insurance (3)
FIN 355 Corporate Finance (3)
FIN 431 Risk Management (3)
FIN 434 Life and Health Insurance (3)

Elective (3 units)

Select 3 units of Finance elective courses (does not include FIN 102, 338, 433 or 439; may not double count toward the Financial Planning option; FIN 302 can be double counted toward GE).

May include 3 units from the following:

ACCT 440 Taxation of Business Entities (3)***
ACCT 450 Advanced Financial Accounting (3)***
ECON 310 Price Theory and Applications (3)
ECON 409 Introduction to Econometrics (3)

***ACCT 440 and ACCT 450 have additional prerequisites beyond the required courses shown above.

5. General Education (48 units)

Undergraduate students must complete 48 units of General Education as described in this Catalog.
15 units are satisfied by the following courses in the major: MATH 103 satisfies Basic Skills B4 Mathematics/Quantitative Reasoning; FIN 303 satisfies B5 Scientific Inquiry and Quantitative Reasoning; ECON 160 and ECON 161 satisfy D1 Social Sciences; and IS 212 satisfies E Lifelong Learning and fulfills the Information Competence requirement.

If taken, ECON 310 satisfies upper division D1 Social Sciences.

Total Units in the Major/Option: 70

General Education Units: 33

Additional Units: 17

Total Units Required for the B.S. Degree: 120


Department of Finance, Financial Planning, and Insurance
Chair: Zhong-Guo Zhou
Bookstein Hall (BB) 3125
(818) 677-2459

Student Learning Outcomes

Students will:

  1. Recognize and analyze ethical problems present in the management and transfer of risk.
  2. Demonstrate a working knowledge of how to identify risks for both individuals and organizations.
  3. Demonstrate a working knowledge of life, health and property/casualty insurance contracts.
  4. Apply knowledge of quantitative and qualitative risk analysis to find efficient solutions to challenging risk management problems.
  5. Develop awareness of the risk management innovations emerging in the global marketplace.