Finance

Faculty

Office: Sellinger Hall, Room 318
Telephone: 410‑617‑2818
Website: www.loyola.edu/sellinger-business/academics/departments/finance

Chair: Lisa Fairchild, Professor

Professors: Tuugi Chuluun; Frank P. D'Souza; Lisa M. Fairchild; Harold D. Fletcher (emeritus); Karyl B. Leggio; Walter J. Reinhart (emeritus); Yoon Shin; Thomas Ulrich (emeritus)
Assistant Professor: Samuel Adams
Executive in Residence: Linda Barlett; Jason Cherubini; Scott Emge
Affiliate Faculty: Michael Betley; Jeffrey Schollaert; Carlyle A. Schrouter; Douglas J. Young

Loyola's Department of Finance offers courses in both the undergraduate and graduate business programs. The finance discipline is designed to provide a rigorous education and prepares graduates to be contributing members to the finance profession as well as life-long learners.

Because finance is an integral part of any organization, coursework addresses the interaction of finance with other disciplines. Students learn fundamental finance activities such as financial planning and control, evaluating investment opportunities, and acquiring funding. Broadly, the study of finance encompasses the areas of corporate finance, investments, financial institutions, and global financial markets. Students learn how financial markets and institutions function as well as how to value stock, bonds, and derivatives. An emphasis is placed on the development of skills needed to value a firm utilizing techniques widely used within the finance profession. In addition, a distinguishing feature of Loyola's finance major curriculum is its university affiliation with the Chartered Financial Analyst (CFA) Institute.

Experiential learning is emphasized within Loyola's finance courses. This means students not only learn financial theories, but they have the opportunity to apply their knowledge immediately in courses such as Portfolio Management, Financial Modeling, and Advanced Financial Analysis. In addition, the Sellinger Applied Portfolio Fund provides students with the opportunity to manage $1 million of the University's endowment, while participation in live case competitions such as the CFA Institute Research Challenge and the Venture Capital Investment Competition offers students financial analysis experience within real business situations.

Learning Aims

The finance major provides a rigorous finance education that prepares graduates to be contributing members to the finance profession and life-long learners. To meet these objectives, students graduating from the finance program should possess the following knowledge and skills.

Learning Aim 1 - Students will identify the fundamental financial management decisions in the corporate setting.
Learning Aim 2 - Students will understand the process of financial statement analysis and conduct financial ratio analysis.
Learning Aim 3 - Students will understand the fundamentals of equity and debt valuation and conduct discounted cash flow valuation.
Learning Aim 4 - Students will learn the process of capital budgeting and apply it to make informed investment decisions.

Programs

Major

Minor

Finance Minor

Courses

Finance