Finance

Finance Department Image

319 Somsen Hall
507.457.5165
Finance website
Robert Wolf, Chairperson

Faculty

Michael Murray, Professor; BA, University of South Florida; MA, PhD, University of Notre Dame; 1986 -
Lawrence Schrenk, Assistant Professor; BA, University of Michigan; MBA, MSF, PhD, University of Maryland-College Park; 2001 -
Yuqian (Jessica) Wang, Associate Professor; BA, MA, Southwestern University of Finance and Economics (PRC); PhD, University of Texas-Dallas; 2014 -
Robert Wolf, Associate Professor; BS, Asbury College; MA, The Ohio State University; PhD, Michigan State University; 1996 -

Purpose

The Finance Program develops professionals who assist businesses and individuals in managing money or capital. Drawing on economics, statistics, and accounting, finance professionals raise capital, budget or spend capital, manage risk, develop financial strategic plans, manage portfolios of stocks and bonds, scrutinize corporate financial health, and advise individuals to ensure their financial success. They may work for large or small corporations, banks, other financial institutions, the government, or be self-employed.

College of Business (COB) Admissions Policy

Admission to the College of Business (COB) for all majors and minors in the departments of Accounting, Business Administration, Finance and Marketing is required before students may enroll in 300-400 level Accounting, Business Administration, Finance and Marketing classes.

College of Business Admission Requirements

30 or more earned credits at time of application
Cumulative GPA of 2.5 (includes transfer credits)
Completion of the following courses with a minimum C grade is required:
- Communication: GEP GOAL 1:
  - ENG 111 - College Reading and Writing
  - CMST 191 - Introduction to Public Speaking or CMST 192 - Introduction to Effective Communication
    - Note: Marketing majors are encouraged to take CMST 192
- Mathematics (choose one):
  - MATH 110 - Finite Mathematics
  - MATH 112 - Applied Precalculus
  - MATH 115 - College Algebra
  - MATH 120 - Precalculus
  - MATH 140 - Applied Calculus
  - MATH 212 - Calculus I
    - Note: Accounting, Finance, Marketing and Management Information Systems majors require MATH 140 or Math 212.
- Statistics:
  - STAT 110 - Fundamentals of Statistics , STAT 210 - Statistics or ◆ ECON 222 - Statistics for Business and Economics
    - Note: Accounting and Finance majors require ECON 222 or STAT 210
- Accounting:
  - ACCT 211 - Financial Accounting Principles
- Economics:
  - ECON 201 - Principles of Microeconomics or ECON 202 - Principles of Macroeconomics

Non College of Business majors and minors must have junior status and instructor’s permission to take COB 300 or 400 level courses.

Math and Statistics requirements for minors with non-COB majors:

Business Administration, Finance, Marketing and Professional Selling: refer to the math and statistics requirement listed under the COB Admission Requirements.

Accounting, Business Law, International Business, Management and MIS minors: completion of math and statistics courses required by the major or if none required, any college level math and statistics course.

Check the appropriate major to see what mathematics and statistics courses are required.

Provisional Admission

A student may apply for provisional admission in order to pre-register for 300 or 400 level COB courses. In order to qualify for provisional admission, the student must be completing all of the requirements for admission in the current semester. To apply for provisional admission, contact Ms. Kattie Sacia (KSacia@winona.edu) in 318 Somsen prior to preregistration. Once the grades are in for the current semester, the student must immediately apply for admission. If not granted admission prior to the beginning of the next semester, the student will be dropped from the 300 or 400 level COB courses.

Application to the College of Business

Applications cannot be submitted until grades for all courses required for admission are recorded on the student’s Degree Audit. Then to begin the application process, students must first read the Academic Integrity Policy.

Applications for admission to the College of Business will be reviewed and processed by Kim Vogen after grades have been posted by the Registrar’s Office. Confirmation of admission will be sent using WSU e-mail addresses to each student majoring or minoring in the College of Business. After completing the form, please allow approximately two weeks processing time.

Once you have been admitted, your Degree Audit will switch from a pre-major to your major area of study.

If you have been admitted to the College of Business and are still having difficulties registering, please contact Kim Vogen at kvogen@winona.edu for assistance.

Pass/No Credit (P/NC) Courses

Except for internships, students must take all courses in their major, minor, and options on a grade-only basis. The P/NC option is available to non-majors unless otherwise noted. Courses offered on a pass/no credit-only or grade-only basis are so designated in the course descriptions.

Graduation Requirements

For a checklist of the University’s graduation requirements, see the Academic Policies & University Requirements section of this catalog. Specific requirements for finance majors are as follows.

Complete all coursework required for the major.
Achieve a grade of “C” or better in all courses counted toward the major.
Complete a minimum of 50% of the business requirements for the finance major at WSU.

General Education Intensive Requirements

Students may use intensive courses to satisfy both General Education Program (GEP) and major requirements. Intensive courses will usually be in the student’s major or minor program. The following are offered as GEP intensive courses in the Finance Department:

Intensives

Intensive courses that can be used to satisfy major/minor requirements are identified in the lists of required courses and electives.

Programs

Bachelor of Science

Finance (FIN) - BS Major

Minor