Nov 27, 2024  
2019-2020 Catalog 
    
2019-2020 Catalog [ARCHIVED CATALOG]

Banking and Finance, CAS


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Major Code: 1503

Program Description

The Banking and Finance Certificate is designed for the individual who desires to acquire skills and receive credentials in the banking field.

Program Goals and Objectives

Upon completion of the program, graduates will:

  • Demonstrate an understanding and proficiency with accounting terminology, Generally Accepted Accounting Principles, financial statement preparation, and the accounting cycle.
  • Prepare and analyze financial statements in accordance with Generally Accepted Accounting Principles.
  • Apply the concepts of time value of money.
  • Apply principles of budgeting.
  • Demonstrate the ability to perform financial analysis.
  • Understand the importance of personal and corporate financial management.
  • Demonstrate an understanding of interest, consumer loans, banking, and the Federal Reserve System.

Program Assessment

Program outcomes are assessed by capstone courses, exit interviews, employer surveys, and program specific exit exams, which may include ETS Associate Business Exam. General education outcomes are assessed by a general education portfolio.

Careers

The Finance program prepares graduates for employment as:

*Financial Clerks

  • Loan Officer
  • Relationship Manager
  • Branch Manager
  • Portfolio Manager
  • Commercial Banker
  • Business Banking Officer
  • Personal Banker
  • New Accounts
  • Representative
  • Loan Processor
  • Customer Service
  • Representative
  • Teller Coordinator
  • Finance Clerk

If students go on to further their education:

*Financial Analysts, Financial Managers, and Financial Advisors

  • Financial Analyst
  • Risk Analyst
  • Equity Research Analyst
  • Financial Advisor
  • Portfolio Advisor
  • Finance Supervisor
  • Branch Manager
  • Securities Analyst
  • Finance Manager
  • Investment Analyst
  • FBI Investigator
  • Budget Analyst
  • Financial Examiners
  • Purchasing Officer

*www.onetonline.org

Gainful Employment Information

According to www.onetonline.org, Financial Clerks make a median salary of $36,850 (2012). The Bureau of Labor Statistics Occupational Outlook Handbook ( May 2012) reports that the annual median salary for Financial Analysts is $76,950 and a 16% job outlook growth rate (average rate), 2012-20 Experience, education, and certification all increase earning potential. If students go on to further their education, Financial Managers have a reported median salary of $109,740 as of May 2012 and a 9% growth rate, 2012-2020. Additional salary information can be found at http://www.bls.gov/ooh/business-andfinancial/home.htm

Tuition and Fees*:
$4,520 In-State Resident
$11,420 Non-Resident
Books*: $1,300
CB Certification Exam: $395
Graduation Rate: N/A
Job Placement Rate: 72% (college average)
Median Loan Debt: N/A

*Actual costs may vary.

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