Finance

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Sponsored by the Office of the Provost

2023-2024

School of Business

Concentration(s):

Risk Management and Insurance

Program description

The major in finance prepares students for graduate-level study of finance and for careers in corporate finance, the securities industry, banking, financial planning, and insurance/risk management.

The concentration in risk management and insurance prepares students for careers in the insurance and personal financial planning industry on all levels including (but not limited to) underwriting, claims adjusting, employee benefits, risk modeling and analysis, risk management in all sectors of the economy, financial planning, and graduate-level study of risk management.

Career opportunities

Careers include corporate finance, investments and commercial banking with a concentration in finance. Our program, recognized by the CFA Institute, applies an international focus to the study of financial markets. You’ll learn how to analyze and communicate findings on complex financial issues and how to take creative approaches to problems in the finance industry. Some of our Alumni employers include Bank of Virginia, JP Morgan Chase, Dominion Energy, Genworth Financial and Deloitte.

Insurance is a high-demand industry with 500,000 new jobs projected in the next five years. Students who graduate with a degree in Business and a concentration in Risk Management and Insurance are typically employed as underwriters, claims professionals, risk managers, managers, analysts, wealth managers, and financial planners. VCU Alumni from the Risk Management program are employed with Markel Corporation, James River Insurance, Argo, Colony, Kinsale, Mass Mutual, Northwestern, AXA, Virginia Asset Management, New York Life, and a variety of local agents and brokers.

Change of major requirements

Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/

Bachelor-level job titles

Budget Analyst
Equity Research Analyst
Finance Analyst
Financial Examiner
Financial Manager: Branch or Department
Fixed Income Analyst
Fraud Examiner/Investigator
Loan Officer
Personal Financial Advisor
Sales Agent
Securities and Commodities Traders

Graduate and professional level job titles

Chief Financial Officer
Hedge Fund Manager
Management Consultant
Venture Capitalist

Professional associations and resources

Degree requirements in Bulletin

Finance, Bachelor of Science (B.S.)

Finance, Bachelor of Science (B.S.), accelerated Bachelor's-to-Master's

Finance, Bachelor of Science (B.S.) with a concentration in risk management and insurance

Finance, Bachelor of Science (B.S.) with a concentration in risk management and insurance, accelerated Bachelor's-to-Master's

Plan of study in Bulletin

Finance, Bachelor of Science (B.S.)

Finance, Bachelor of Science (B.S.), accelerated Bachelor's-to-Master's

Finance, Bachelor of Science (B.S.) with a concentration in risk management and insurance

Finance, Bachelor of Science (B.S.) with a concentration in risk management and insurance, accelerated Bachelor's-to-Master's

Requirements

Highest level of math required

MATH 200 or BUSN 212

Science required

Foreign language requirements

Additional tuition/fees

GPA requirements (to progress/graduate in the major)

2.5 to declare finance/2.0 to graduate

Transfer Maps

View Transfer Maps for this major

Contact information

Department name:

Department of Finance, Insurance and Real Estate

Building/room location:

Snead Hall, Room B4163

Phone:

(804) 828-3162

Email:

usib@vcu.edu

https://business.vcu.edu/academics/finance-insurance-and-real-estate/

Campus (where 75% of courses are taken):

Monroe Park

Major map

Year 1

Explore

MAXIMIZE COURSE AND DEGREE PLANNING

Enroll in a student success course to connect with campus advisors and build community around your interests and goals.
Map out a 4-year course plan in the DegreeWorks Student Educational Planner.
Meet with a writing consultant to hone your writing skills.
Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and choose electives.
Sharpen your study skills in supplemental instruction sessions at the Campus Learning Center.
Take the math placement assessment and register for math classes each semester until you complete calculus (MATH 200 or BUSN 212).
Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.

GET CONNECTED WITH YOUR COMMUNITY

Apply to live in a program-in-residence or a living learning community.
Consider applying to the Honors College.
Get involved, meet people, and develop your interests by joining one of VCU's 50 student clubs and organizations.
If living on campus, connect with your Resident Assistant, attend hall events, and participate in Community Council.
Participate in RAM CAMP to get a jump start on learning about VCU’s campus community.
Register to vote in Virginia and explore Richmond’s many museums and parks.
Attend two or three School of Business events.

DEVELOP CULTURAL AGILITY

Check out the Office of Multicultural Student Affairs and follow @vcuomsa.
Connect with the Global Education Office to explore leadership and intercultural communication skill-building programs like the Peace Corps Prep Certificate.
Join RAMmalogues to talk with peers about social identities in the context of acceptance, belonging, and inclusion in life at VCU.
Review Global Learning's Major Advising Sheets to explore studying abroad opportunities and other global learning opportunities.
Visit a study abroad fair and complete Rams Abroad 101.

EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS

Activate your Handshake profile and opt-in to industry email lists.
Apply to be a Division of Student Affairs peer leader.
Consider applying for a federal work-study job on- or off-campus in Handshake.
Seek research opportunities by applying for research funding through the Undergraduate Research Opportunities Program.
Set up a profile in the Student Opportunity Center to explore REAL opportunities.
Take Winning Presentations to develop needed public speaking and communication skills.

PREPARING FOR LIFE AFTER COLLEGE

Access your free credit report and begin making responsible credit choices to prepare for your future.
Build a resume and LinkedIn profile with help from VCU Career Services, make at least 10 connections, and check out the VCU alumni career programs page.
Explore “What Can I Do With This Major” to learn about employers in your field of study.
Join Students Today Alumni Tomorrow to connect with VCU traditions and alumni networking opportunities.
Make a 4-year affordability plan with your financial counselor.
Practice independent living skills such as money and time management, self-care, and personal responsibility.

Year 2

Experience

MAXIMIZE COURSE AND DEGREE PLANNING

Explore innovation and business/non-profit creation classes with the da Vinci Center.
Get familiar with the research process with the VCU Libraries Research Basics Guide.
Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
Talk to professors about your research interests, electives, and strategies for success in your classes.
Be prepared for a challenging year of ACCT, ECON and MATH classes and attend SI sessions or tutoring at the Campus Learning Center to get ahead.
Consider pursuing an economics or actuarial science minor and consult with your academic advisor to come up with a plan to complete a minor.
Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.
Make sure to take INFO 165.

GET CONNECTED WITH YOUR COMMUNITY

Discuss personal and professional interests with faculty.
If living on campus, join the Residence Hall Association.
Learn about the Sophomore Year Experience in Cary & Belvedere.
Take a service-learning class to get involved with local organizations while earning credit.
Volunteer to address a social issue and check out Hands on Greater Richmond for opportunities.
Join related Student organizations such as FMA or Gamma Iota Sigma.
Learn more about VCU’s Student Leadership & Civic Engagement Center.

DEVELOP CULTURAL AGILITY

Apply for the Critical Languages Scholarship.
Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses.
Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty.
Make friends with diverse perspectives and join a cultural or identity-related student organization.
Investigate spending a summer abroad with the International Consulting Program or participate in a Study Abroad opportunity.
Consider learning a language; open doors to international organizations & future study.

EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS

Attend career and internship fairs and other professional development events.
Complete a gap analysis with your career advisor to identify key skills required for your professional field.
Explore global career options with a career advisor to set goals for getting your dream job.
Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
Get involved with the Financial Management Association, Women in Business, or the Student Managed Investment Portfolio program.

PREPARING FOR LIFE AFTER COLLEGE

Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
Build a resume and LinkedIn profile with help from VCU Career Services, make at least 10 connections, and check out the VCU alumni career programs page.
Conduct informational interviews or shadow someone in a field of professional interest.
Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
Meet with a coach in the Financial Success Center to set financial goals, understand student loans, and create spending plans.
Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.

Year 3

Experience

MAXIMIZE COURSE AND DEGREE PLANNING

Enhance your business, software, technology, and creative skills using LinkedIn Learning.
See your academic and career advisors to discuss graduation progress and career planning.
Take a virtual library tour to learn about library spaces, services, and research help.
Be aware of semesterly FIRE course sequencing: seek academic support early, and do not earn below a C in FIRE courses; remember that prerequisite courses cannot be taken together or out of sequence."
Consider applying to the FIRE department's accelerated Finance bachelor's-to-master's pathway.
Be aware of the 4 course sequence: FIRE 311, 312, 321, and 461. Seek academic support early, do not get below a C.
Conduct independent undergraduate research.

GET CONNECTED WITH YOUR COMMUNITY

Attend civic meetings, such as school board, neighborhood association, city council, or state legislative sessions.
Design a community-engaged research project.
Make an appointment with the National Scholarship Office to explore post-graduate scholarship and fellowship opportunities, such as the Fulbright Student Scholarship.
Motivate your peers by presenting at Leaders Unleashed: Student Leadership Conference or at TEDxVCU.
Research social entrepreneurship and corporate social responsibility.
Become a tutor in the Campus Learning Center.

DEVELOP CULTURAL AGILITY

Build language proficiency and cultural competence by carrying out your plans for study abroad, internships, and service-learning.
Explore new cultures at one of Richmond’s wide array of festivals.
Get required REAL experience and effect community change by using iExcel’s Active Citizen’s Toolkit to vote and volunteer.
Prepare for future work on multidisciplinary and multicultural teams by showcasing your interpersonal skills on your resume.
Experience VCU’s richness of diversity by attending VCU’s annual Intercultural Festival.
Participate in VCU Arts Qatar Day and apply for the Qatar Leadership Exchange.

EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS

Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
Get expert advice from VCU Alumni ranging from graduate school to your career simply by asking a question through Ask A Ram.
Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor.
Meet with a Business Career Coach to make an internship search plan early in the fall.

PREPARING FOR LIFE AFTER COLLEGE

Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
Study for and complete any standardized exams required for graduate school the summer before senior year.
Update your business resume to include new experiences you have gained and skills you have developed.
Attend career and internship fairs and other professional development events.
Talk to advisors, faculty, and Business Career Services about graduate school versus a job.
Apply for CFA Exam Scholarship.
Join the Richmond Chapter of RMA.

Year 4

Excel

MAXIMIZE COURSE AND DEGREE PLANNING

Choose REAL electives to diversify your skillset and round out your degree.
Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met.
Complete MGMT 434 and BUSN 499 in your final semester and be aware of the multiple prerequisite courses!
Watch out for fall- and spring-only courses and confirm course availability with your academic advisor.
Take FIRE 321, and 441 in the Fall and FIRE 417, 451, 461 in the Spring.

GET CONNECTED WITH YOUR COMMUNITY

Apply for post-graduation programs like Peace Corps, Literacy Lab, Richmond Teacher Residency, or AmeriCorps.
Attend professional association conferences that offer student rates or scholarships.
Serve in a leadership role on campus in a local community organization.
Consider jobs in the nonprofit sector, B Corps, or SCRs.

DEVELOP CULTURAL AGILITY

Carry out globally-oriented research projects with multilingual faculty and international partners.
Master your answers to interview questions about your experience working with diverse populations.
Plan for how you will grow your cultural agility after graduation.
Read scholarly articles about diversity in your field.
Read the VCU Common Book, and participate in community-related events.
Complete at least one internship during your senior year at an employer where you would like to work.

EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS

Consider becoming an educator through programs like RTR, which prepare graduates from a variety of majors to become teachers in high-need schools.
Meet with your academic or professional mentor and identify examples of your experiential learning to share with employers.
Publish your original research in Auctus: The Journal of Undergraduate Research and Creativity.
Have your personal statement or cover letter reviewed, and do a mock interview at Business Career Services.
Pursue Bloomberg Certification.

PREPARING FOR LIFE AFTER COLLEGE

Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
Have a personal statement or cover letter reviewed by Career Services.
Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
Attend career and internship fairs and other professional development events.
Prepare for and take the CFA Exam.

Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost

2023-2024

Finance

School of Business

Concentration(s):

Risk Management and Insurance

		MAXIMIZE COURSE AND DEGREE PLANNING	GET CONNECTED WITH YOUR COMMUNITY	DEVELOP CULTURAL AGILITY	EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS	PREPARING FOR LIFE AFTER COLLEGE
Explore	Year 1	Enroll in a student success course to connect with campus advisors and build community around your interests and goals. Map out a 4-year course plan in the DegreeWorks Student Educational Planner. Meet with a writing consultant to hone your writing skills. Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and choose electives. Sharpen your study skills in supplemental instruction sessions at the Campus Learning Center. Take the math placement assessment and register for math classes each semester until you complete calculus (MATH 200 or BUSN 212). Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.	Apply to live in a program-in-residence or a living learning community. Consider applying to the Honors College. Get involved, meet people, and develop your interests by joining one of VCU's 50 student clubs and organizations. If living on campus, connect with your Resident Assistant, attend hall events, and participate in Community Council. Participate in RAM CAMP to get a jump start on learning about VCU’s campus community. Register to vote in Virginia and explore Richmond’s many museums and parks. Attend two or three School of Business events.	Check out the Office of Multicultural Student Affairs and follow @vcuomsa. Connect with the Global Education Office to explore leadership and intercultural communication skill-building programs like the Peace Corps Prep Certificate. Join RAMmalogues to talk with peers about social identities in the context of acceptance, belonging, and inclusion in life at VCU. Review Global Learning's Major Advising Sheets to explore studying abroad opportunities and other global learning opportunities. Visit a study abroad fair and complete Rams Abroad 101.	Activate your Handshake profile and opt-in to industry email lists. Apply to be a Division of Student Affairs peer leader. Consider applying for a federal work-study job on- or off-campus in Handshake. Seek research opportunities by applying for research funding through the Undergraduate Research Opportunities Program. Set up a profile in the Student Opportunity Center to explore REAL opportunities. Take Winning Presentations to develop needed public speaking and communication skills.	Access your free credit report and begin making responsible credit choices to prepare for your future. Build a resume and LinkedIn profile with help from VCU Career Services, make at least 10 connections, and check out the VCU alumni career programs page. Explore “What Can I Do With This Major” to learn about employers in your field of study. Join Students Today Alumni Tomorrow to connect with VCU traditions and alumni networking opportunities. Make a 4-year affordability plan with your financial counselor. Practice independent living skills such as money and time management, self-care, and personal responsibility.
Experience	Year 2	Explore innovation and business/non-profit creation classes with the da Vinci Center. Get familiar with the research process with the VCU Libraries Research Basics Guide. Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience. Talk to professors about your research interests, electives, and strategies for success in your classes. Be prepared for a challenging year of ACCT, ECON and MATH classes and attend SI sessions or tutoring at the Campus Learning Center to get ahead. Consider pursuing an economics or actuarial science minor and consult with your academic advisor to come up with a plan to complete a minor. Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years. Make sure to take INFO 165.	Discuss personal and professional interests with faculty. If living on campus, join the Residence Hall Association. Learn about the Sophomore Year Experience in Cary & Belvedere. Take a service-learning class to get involved with local organizations while earning credit. Volunteer to address a social issue and check out Hands on Greater Richmond for opportunities. Join related Student organizations such as FMA or Gamma Iota Sigma. Learn more about VCU’s Student Leadership & Civic Engagement Center.	Apply for the Critical Languages Scholarship. Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses. Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty. Make friends with diverse perspectives and join a cultural or identity-related student organization. Investigate spending a summer abroad with the International Consulting Program or participate in a Study Abroad opportunity. Consider learning a language; open doors to international organizations & future study.	Attend career and internship fairs and other professional development events. Complete a gap analysis with your career advisor to identify key skills required for your professional field. Explore global career options with a career advisor to set goals for getting your dream job. Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio. Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value. Seek out practical experience through independent skill-building, internships, shadowing, or part-time work. Get involved with the Financial Management Association, Women in Business, or the Student Managed Investment Portfolio program.	Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation. Build a resume and LinkedIn profile with help from VCU Career Services, make at least 10 connections, and check out the VCU alumni career programs page. Conduct informational interviews or shadow someone in a field of professional interest. Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships. Meet with a coach in the Financial Success Center to set financial goals, understand student loans, and create spending plans. Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.
Experience	Year 3	Enhance your business, software, technology, and creative skills using LinkedIn Learning. See your academic and career advisors to discuss graduation progress and career planning. Take a virtual library tour to learn about library spaces, services, and research help. Be aware of semesterly FIRE course sequencing: seek academic support early, and do not earn below a C in FIRE courses; remember that prerequisite courses cannot be taken together or out of sequence." Consider applying to the FIRE department's accelerated Finance bachelor's-to-master's pathway. Be aware of the 4 course sequence: FIRE 311, 312, 321, and 461. Seek academic support early, do not get below a C. Conduct independent undergraduate research.	Attend civic meetings, such as school board, neighborhood association, city council, or state legislative sessions. Design a community-engaged research project. Make an appointment with the National Scholarship Office to explore post-graduate scholarship and fellowship opportunities, such as the Fulbright Student Scholarship. Motivate your peers by presenting at Leaders Unleashed: Student Leadership Conference or at TEDxVCU. Research social entrepreneurship and corporate social responsibility. Become a tutor in the Campus Learning Center.	Build language proficiency and cultural competence by carrying out your plans for study abroad, internships, and service-learning. Explore new cultures at one of Richmond’s wide array of festivals. Get required REAL experience and effect community change by using iExcel’s Active Citizen’s Toolkit to vote and volunteer. Prepare for future work on multidisciplinary and multicultural teams by showcasing your interpersonal skills on your resume. Experience VCU’s richness of diversity by attending VCU’s annual Intercultural Festival. Participate in VCU Arts Qatar Day and apply for the Qatar Leadership Exchange.	Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience. Get expert advice from VCU Alumni ranging from graduate school to your career simply by asking a question through Ask A Ram. Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor. Meet with a Business Career Coach to make an internship search plan early in the fall.	Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship. Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility. Study for and complete any standardized exams required for graduate school the summer before senior year. Update your business resume to include new experiences you have gained and skills you have developed. Attend career and internship fairs and other professional development events. Talk to advisors, faculty, and Business Career Services about graduate school versus a job. Apply for CFA Exam Scholarship. Join the Richmond Chapter of RMA.
Excel	Year 4	Choose REAL electives to diversify your skillset and round out your degree. Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met. Complete MGMT 434 and BUSN 499 in your final semester and be aware of the multiple prerequisite courses! Watch out for fall- and spring-only courses and confirm course availability with your academic advisor. Take FIRE 321, and 441 in the Fall and FIRE 417, 451, 461 in the Spring.	Apply for post-graduation programs like Peace Corps, Literacy Lab, Richmond Teacher Residency, or AmeriCorps. Attend professional association conferences that offer student rates or scholarships. Serve in a leadership role on campus in a local community organization. Consider jobs in the nonprofit sector, B Corps, or SCRs.	Carry out globally-oriented research projects with multilingual faculty and international partners. Master your answers to interview questions about your experience working with diverse populations. Plan for how you will grow your cultural agility after graduation. Read scholarly articles about diversity in your field. Read the VCU Common Book, and participate in community-related events. Complete at least one internship during your senior year at an employer where you would like to work.	Consider becoming an educator through programs like RTR, which prepare graduates from a variety of majors to become teachers in high-need schools. Meet with your academic or professional mentor and identify examples of your experiential learning to share with employers. Publish your original research in Auctus: The Journal of Undergraduate Research and Creativity. Have your personal statement or cover letter reviewed, and do a mock interview at Business Career Services. Pursue Bloomberg Certification.	Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter. Have a personal statement or cover letter reviewed by Career Services. Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities. Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation. Attend career and internship fairs and other professional development events. Prepare for and take the CFA Exam.