Finance: Robert Morris University Finance | Robert Morris University

Undergraduate

Finance1As the science and the art of managing money, finance represents a system of skills and knowledge that is highly regarded in the business world. It is at the heart of why a business exists and continues to operate. Owners provide the funds to start a business enterprise with the expectation of earning a reasonable return on their investment. A business firm will cease operations if it fails to offer its owners the expectation of returns sufficient to justify their investment.

RMU understands that the performance of a business enterprise and evaluating alternatives that might alter that performance requires financial skills. Our finance program provides a solid foundation in financial fundamentals that will help you succeed in the world of business.

Studies lead to the Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in finance.

The B.S.B.A. with a concentration in finance equips students to:

  • Understand the application, strengths and weaknesses of various tools of financial analysis.
  • Understand the importance and operations of global financial markets.
  • Apply quantitative skills in the preparation of capital budget and pro forma financial statements.

There are many different positions held by finance graduates, including auditor, loan officer, market analyst, purchasing analyst, sales analyst, budget analyst, financial analyst, loan review analyst, marketing administrator, real estate appraiser, stock broker, credit analyst, import/export agent, lobbyist, pricing analyst, reporter, statistician, economic analyst, insurance agent, consultant, product manager, research analyst, and underwriter.

Recent Graduates Work Here:
American Eagle Outfitters, Cigna Healthcare, Federated Investors, Global Capital Management, Marconi Communications, Mellon, Morgan Stanley Dean Witter, National City, PNC Bank, Prudential Securities, TD Waterhouse, Todd Organization of Pittsburgh, UPMC Health System, Waddell & Reed Financial Services.

2010 national mean bachelor-level, entry-level salaries: (information from the National Association of Colleges and Employers)

By type of employer

By job function

Accounting Services

$54,746

Accounting (Private)

$50,875

Aerospace

$52,332

Accounting (Public)

$48,906

Banking (Commercial)

$50,037

Auditing (Private)

$49,583

Banking (Investment)

$59,313

Commercial Banking (Lending)

$43,799

Consulting Services

$59,994

Consulting

$56,811

Financial Services

$50,403

Financial/Treasury Analysis

$53,926

Government (Federal)

$42,209

Insurance (Underwriting)

$48,500

Household & Personal Care Products

$49,375

Investment Banking (Corporate Finance)

$53,761

Insurance

$45,043

Management Trainee

$44,831

Petroleum & Coal Products

$53,500

Portfolio Management/Brokerage

$51,179

Retail/Wholesale Trade

$44,187

Sales

$40,292

2009 RMU Salary Survey:

Finance Majors:

Mean: $39,914

Range: $30,200- $47,200


 

Below is a typical four-year course of study for finance students, including major requirements and electives. Your own schedule will vary based on your own interests. 

FRESHMAN/Fall Semester FRESHMAN/Spring Semester
Reading & Writing Strategies or
   Intercultural Communications
Intro to Financial Accounting
Finite Math and Applied Calculus Argument and Research
General Psychology Principles of Macroeconomics
Humanities: Art and Music Intro to Decision Support Systems
Elective Principles of Sociology or
   Contemporary American Social Problems
   
SOPHOMORE/Fall Semester SOPHOMORE/Spring Semester
Managerial Accounting Legal Environment of Business
Principles of Microeconomics Principles of Finance
Public Speaking and Persuasion Statistics
Introduction to Ethics Principles of Marketing
History Elective
   or Political Science Elective
Business Professional Communications
   
JUNIOR/Fall Semester JUNIOR/Spring Semester
Investment Analysis I Investment Analysis II
Corporate Finance International Business
Accounting Information Systems Science Elective
Management Science Internship or Non-business elective
Business Elective Business Elective
Non-business Elective  
   
SENIOR/Fall Semester SENIOR/Spring Semester
Financial Analysis Strategic Management
Financial Elective Management of Financial Institutions
Internship or Non-business elective Finance Elective
Internship or Non-business elective Internship or Non-business elective
Business Elective Business Elective

 

Internship Employers:
American Eagle Outfitters, 911th Airlift Wing, C.B. Anderson, E.E. Powell, Hefron-Tillotsen, Merrill Lynch, Scottsdale Securities, UPMC Health System, UPS, Wells Fargo Financial.


The Robert Morris University School of Business Complex is a high-tech learning laboratory that provides business students the same kind of hands-on educational environment that engineering and science students take for granted. The 18,000 square-foot facility is the first LEED-certified building on RMU's campus, and it includes state-of-the-art business technology including a simulated trading floor and a Bloomberg lab to give students access to real-time financial data, and an immersive videoconferencing experience that will allow students, faculty, and corporate leaders to communicate with colleagues around the world.

RMU’s business faculty is a diverse group with corporate and global business experience, bringing the advantage of real-world knowledge directly into the classroom. Many hold professional certifications in their discipline, and they guide our students in pursuing professional certifications.

Our faculty members are actively involved with the business community and professional organizations, providing endless educational and networking opportunities for our students, both in and outside of classroom. They also conduct applied research projects on emerging business topics involving our students. They take pride in getting to know their students from day one and in being part of their career path after graduation. 

Scholarships are available based upon academic achievement. 

For freshmen, high school grade point average and ACT/SAT scores are used. For transfer students, the cumulative grade point average of all college courses is used. Scholarships range from $1000 per year up to full tuition. (To calculate your scholarship eligibility, click here.)

Higher education is an investment in your future. 

At Robert Morris University, we will work closely with you to show you how to finance your education through a combination of need-based financial aid, scholarships, and financing strategies to make your education attainable. RMU has one of the lowest tuition rates of all private institutions in the state, but we know that financing your education can be complicated, and your family might need help in understanding your options. 

Talk to us—we can help! 
Email us at finaid@rmu.edu

  • Call us toll free at 800-762-0097
  • Connect with one of our counselors via Facebook to see what others are learning about college costs

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