marshall school of business business curriculum business careers · 2019. 10. 29. · fbe 421:...

Marshall School of Business

Business Curriculum

Business Careers

FINANCE AND BUSINESS ECONOMICS

GOAL

Students focusing in Finance and Business Economics will develop the skills necessary

to work at a high level of expertise in various areas of finance, including commercial

and investment banking, corporate finance management, asset and wealth management,

management consulting, mergers and acquisitions, venture capital and real estate. The

field of finance is changing rapidly, and students taking courses in finance will develop

the basic tools and skills to be able to learn and adapt to these changes. The emphasis

will be on how to think of creative, practical and efficient solutions to the new financial

challenges facing our society.

FACULTY

The Finance and Business Economics faculty seek to examine the decision-making

process and the role of markets in the allocation of both real and financial resources.

Integrating the fields of finance and business economics, the faculty explore both

theoretical and applied concepts in the related areas of corporate finance, investments,

speculative and financial markets, real estate, insurance, banking, industrial

organization and business-related public policy. Coursework emphasizes both primary

theory and the application of theory in solving business problems.

Finance and Business Economics

Your online resource to:

- Required course descriptions

- Elective course descriptions

- Courses required for Finance minor

- Finance Careers & Areas of Interest

Find more at www.marshall.usc.edu/fbe

The Elective Course Guide

Get advice from the experts, faculty and recent

graduates

Take at least two electives related to your desired

internship or permanent position in chosen field

You don’t have to declare a concentration or area of

interest

Strengthen your toolkit by learning new skills in a

variety of departments

Areas of interest are impressive when viewed by

future employers

Selection of Electives and Concentrations

Accounting

Valuation

Computer (MS Office, Access, R, Python)

Analytical/Quantitative/Math

Detailed Oriented

Communication (Written & Verbal)

Strong Work Ethic

Secure Internship

Credentialing (CPA, Chartered Financial Analyst) optional

Required Skills to Pursue Finance

1. Corporate Finance

2. Financial Consulting

3. Investment Banking

4. Commercial Banking

5. Hedge Funds

6. Investment Management

7. Private Equity & Venture Capital

8. Corporate Compliance & Risk Management

9. Economic and Financial Analysis Support for Litigation and Regulatory Proceedings

10. Real Estate Development

11. Real Estate Finance

12. Construction & Construction Management

13. Pre Professional Studies

14. General Financial Management

** Videos of select career fields can be found here:

http://students.marshall.usc.edu/undergrad/career-services/career-videos/

14 Areas of Interest

CORPORATE FINANCE

Courses

FBE 421: Financial Analysis and Valuation

FBE 431: Financial Policies and Corporate Control

FBE 441: Investments

FBE 458: Law and Finance

FBE 460: Mergers, Acquisitions and Restructuring

Of Interest

FBE 324: The Financial System

FBE 416: Managerial Economics

FBE 403: Introduction to the Legal Environment of Business

ACCT 371: Introduction to Accounting System

ACCT 410: Foundations of Accounting

ACC 415: Intermediate Financial Accounting

Essential Of Interest

Positions

This area of interest focuses on the central principles of finance: net present value, market efficiency, agency

costs, incremental cash flow, information asymmetries, adverse selection, arbitrage, modern portfolio theory,

capital asset pricing, assessing and managing foreign exchange risk, and sustainable growth. As an integral part

of a company’s management team, a qualified individual will help the firm to secure funding sources to operate

and grow a business, make acquisitions, prepare financial planning and manage risk.

Corporate Treasury

Corporate Finance Analyst

Business Analyst

Corporate Strategist

Turnaround Specialist

FINANCIAL CONSULTING

Courses


FBE 436: Financial Management of Multinational Corporations


ACC 416: Financial Reporting & Analysis


Of Interest

FBE 429: International Business Law


FBE 432: Corporate Financial Strategy

FBE 437: Entrepreneurial Finance: Finance Management for Developing Firms



Positions

Students interested in careers in financial consulting, provide advice to corporations and money managers. This

advice may involve the strategies for creating shareholder value, business valuation, M&A advisory, and cost of

capital determination. Firms involved in this growing area include Boston Consulting Group, Houlihan Lokey

Howard & Zukin, Ibbotson Associates, LEK Consulting, Marakon, McKinsey & Co., and Stern Stewart & Co.

Analyst

Research Consultant

Staff Consultant

INVESTMENT BANKING

Courses






Of Interest

FBE 459: Financial Derivatives



FBE 440: Trading and Exchanges

ACC 417: Advanced Financial Accounting


Positions

A focus on investments and financial markets provides training for students interested in careers in portfolio

management, securities trading, and institutional and retail securities sales (brokerage). Investment bankers help

companies and governments issue and purchase securities, manage financial assets, trade securities and provide

financial advice to corporations and individuals. In addition, the banks design and market new financial

products. The top investment banks include Goldman Sachs, JP Morgan and Morgan Stanley

Analyst

COMMERCIAL BANKING

Courses





ACC 417: Advanced Financial Accounting

Of Interest






FBE 436: Financial Management of Multinational CorporationsFBE 437: Entrepreneurial Finance: Finance Management for Developing Firms


Positions

A large bank will serve middle market and large US corporate and institutional clients with debt and equity

underwriting, mergers and acquisitions, loan syndications, debt and equity sales, trading, tax-exempt products,

and hedging products related to equity, commodities, and interest rate risk. In addition, a large bank may be a

registered investment advisor that focuses on managing equity, fixed income and blended portfolios for a variety

of institutional clients and provides comprehensive planning and advice, investment management, brokerage,

private banking, estate planning strategies, trust, insurance and retirement to high net worth individuals.

Credit Analyst

Loan Officer

Branch Manager

Trust Officer

Mortgage Banker

Private Client Services

Wealth Manager

Business Planning

HEDGE FUND

Courses




Of Interest




FBE 435: Applied Finance in Fixed Income Securities

FBE 425: Management of Financial Institutions

FBE 431: Financial Policies and Corporate ControlFBE 403: Introduction to the Legal Environment and BusinessMATH 458: Numerical Methods (quant)

MATH 503: Stochastic Calculus for Finance


Positions

This career can be very diverse in terms of skills needed. The emphasis on logic and economic principles is

common. The attention to detail and emphasis on differences across assets is crucial for many funds. Many

hedge funds are relatively small and follow unique investing strategies including publicly and privately traded

securities. Some funds require a great deal of quantitative skills and others require few quantitative skills. The

exact skills needed depends on the type of hedge fund and the market opportunities.

Analyst

Portfolio Management

Sales and Trading

Due Diligence

Compliance

INVESTMENT MANAGEMENT

Courses




Of Interest

FBE 435: Applied Finance in Fixed Income Securities

FBE 440: Trading and ExchangesFBE 489: Real Estate Capital Markets

FBE 391: Real Estate Finance and Investment



ACC 473: Financial Statement Auditing




Positions

This category typically includes publicly traded stocks and bonds. This category is classified as the buy side of

investments. Many professionals are involved in the investment process.

Analyst

Portfolio Management

Sales & Trading

Due Diligence

Compliance

PRIVATE EQUITY AND VENTURE CAPITAL

Courses

FBE 437: Entrepreneurial Finance: Finance Management for Developing FirmsFBE 421: Financial Analysis and Valuation


Of Interest





ACC 462: Detecting Fraudulent Financial Reporting

ACC 473: Financial Statement Auditing

BAEP 423: Management of Small Business

BAEP 451: Management of a New Enterprise

BAEP 554: The New Venture Business Plan


Positions

These types of positions are responsible researching and investing in private companies and some public

companies depending on the circumstances. The investment process may involve companies that are relatively

young or new for Venture Capital and more seasoned firms for Private Equity investors. The skills and

investment process typically differ substantially from Investment Management

VC Analyst

Private Equity Analyst

Sales

Due Diligence

CORPORATE COMPLIANCE AND RISK MANAGEMENT

Courses


FBE 428: Principles of Employment Law


Of Interest


MOR 421: Social and Ethical Issues in Business

MOR 469: Negotiations and Persuasion

MOR 471: Managing and Developing People

MOR 472: Power, Politics and Influence

MOR 473: Designing and Leading Teams


Positions

The position requires collaboration with other departments including internal audit, legal, risk management,

human resources, operations and marketing. The position ensures the board of directors, management and

employees are in compliance with the legal and regulatory environments in which the business operates

domestically and internationally. The organization ensures that the company’s standards of conduct are

maintained. Monitors, and as necessary, coordinates compliance activities of other departments. The employee

ensures reporting of violations or potential violations to enforcement agencies, maintains quality control, and

safeguards prompt ethical conduct by the organization.

Corporate Compliance Officer

Risk Manager

Environmental Compliance Officer

Human Resources

Corporate Legal Counsel

ECONOMIC/FINANCIAL SUPPORT FOR LITIGATION

AND REGULATORY PROCEEDINGS

Courses






Of Interest

ECON 350: Macroeconomic Analysis for Business Decisions

ECON 351: Economic Analysis for Business Decisions

FBE 402: Government and Business


ECON 317: Introduction to Statistics for Economics

ECON 357: Money, Credit and Banking

ECON 401: Mathematical Methods in Economics

ECON 414: Introduction to EconometricsFBE 436: Financial Management of Multinational Corporations

Essential Of InterestPositions

This path prepares students to work domestically and internationally within business consulting firms who provide

support for law firms, lobbyists, governmental relations consultancies, and businesses. These professionals conduct

economic, financial, accounting and marketing research to support the positions taken by clientele before governmental

bodies, courts, and administrative panels. These research firms also assist in corporate strategic planning.

Financial Analyst

Business Analyst

Economic and

Competitive Analyst

REAL ESTATE DEVELOPMENT

Courses

FBE 391: Real Estate Finance and Investments

FBE 466: Real Estate Feasibility Studies

FBE 427: Real Estate Law

Of Interest

FBE 470: Advanced Real Estate Analysis

FBE 489: Real Estate Capital Markets

ARCH 106X: Workshop in Architecture

ARCH 304X: Intensive Survey: Prehistory to PresentGEOG 281L: Environmental Geographic Information SystemsGEOG 105L: Introduction to Geology

PPD 417: History of Planning and DevelopmentPPD 435: Analyzing Real Estate Markets for Planning and DevelopmentPPD 470: History and Development of Cities

CE 460: Construction Engineering

Essential Of InterestPositions

This focus is designed for students interested in working at the nexus of real estate, architecture, and urban planning.

Real Estate Development focuses on topics relevant to the actual acquisition, construction and development of real

estate projects, such as zoning, finance, deal structure, banking, leasing marketing and brokerage

Asst. Project

Manager

Financial Analyst

Property Accountant

Research Associate/Analyst

Zoning Permit

Coordinator

REAL ESTATE FINANCE

Courses





Of Interest


FBE 324: The Financial System





PPD 435: Analyzing Real Estate Markets for Planning and DevelopmentPPD 470: History and Development of Cities


Positions

The study of real estate involves the application of business decision-making tools in the real estate industry. Emphasis

is placed on economic and financial analysis of issues in real estate markets, including those related to investment and

development, the interplay between, and origins of, debt and equity in the capital markets, as well as the importance of

market dynamics and urban economics. Key parts of the curriculum include securing real estate debt and equity as well

as entity level decision making.

Portfolio Manager

Underwriter

Investor Services Associate

Mortgage Broker

Loan Officer

Loan Analyst

Asset Manager

CONSTRUCTION & CONSTRUCTION MANAGEMENT

Courses





CE 460: Construction Engineering

Of Interest

CE 412: Construction Law and Property Development Process

CE 461: General Construction Estimating

CE 462: Construction Methods and Equipment

CE 472: Construction Labor Movement


Positions

This area of interest focuses on the process from site acquisition through market analysis, site planning, building

massing, concept preparation, cost estimation, entitlement, financing, and project and construction management.

Understanding this process prepares students for entry level positions with lenders, home Revised on: 3/4/13 builders,

commercial developers, consultants, and asset managers. This category includes employment and careers in the field of

domestic and international construction and construction management, and is interdisciplinary between the Marshall

School and the Civil Engineering Program in the Viterbi School of Engineering.

Mortgage and Equity Analyst

Appraiser

Broker

Property Manager

Asset Manager

Property Developer

PRE PROFESSIONAL STUDIES

Courses

FBE 402: Government and BusinessFBE 403: Introduction to the Legal Environment and BusinessFBE 423: Introduction to Venture Capital

Of Interest


MOR 421: Social and Ethical Issues in BusinessBUCO 425: Ethics and Professional CommunicationBUCO 445: Oral Communication in Business

COMM 302: PersuasionCOMM 375: Business and Professional CommunicationMOR 421: Social and Ethical Issues in Business

FBE 469: Negotiation and Persuasion


This track accommodates the interests of those students who will pursue law school study following their undergraduate

degree. Their ultimate objective is to provide analysis and counsel on legal, policy and environmental issues. In house

legal counsel anticipates and guard against legal risks facing the company. They develop and recommend company

policy and position on legal issues. They work with other departments with respect to proposed new products, protecting

intellectual property, mergers and acquisitions, employment issues, financial offerings, financial structuring, securities

offerings, tax compliance and business strategic planning.

FBE 428m: Principles of Employment Law


GENERAL FINANCE MANAGEMENT

Courses



FBE 437: Entrepreneurial Finance: Finance Management for Developing Firms



Of Interest



FBE 433: Compensation, Incentives, and Governance

FBE 436: Financial Management of Multinational Corporations


FBE 464: International Finance


Positions

General financial management courses are designed for students who have not made a specific career choice but who

are interested in finance. Students who complete coursework in general financial management will understand “real

world” institutional details and finance principles used by corporations operating in modern financial markets. This

broad preparation is ideal for students interested in sampling a variety of applications of financial analysis. The

following finance electives can help you find out what you are passionate about. The field of finance changes rapidly

and it may be advisable for the student to gain a broad understanding of finance.

See other areas of interest

once you’ve

specified a career choice

The FBE Department has prepared a 36-page Elective Course Guide

for Marshall undergraduate students which can be accessed through a

link at the Marshall Graduate Elective Course Guide Website. This

Guide gives more guidance and detail for both “essential” and “of

interest” courses based on the areas of interest. FBE offers 28

different courses and you also have access to classes in other

departments that will compliment your studies and career objectives.

We are confident you will find what you need to develop the skills

required for these described areas of interest.

IN SUMMARY

Thank You for Joining Us!!

Questions?

Contact the Faculty for the course of interest

or the FBE Office for Answers

marshall school of business business curriculum business careers · 2019. 10. 29. · fbe 421:...

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