
Finance
About
The Finance program provides the educational background and training required for entry positions in banks, savings and loan associations, finance companies, credit unions, real estate, insurance, financial planning, government, or mercantile and manufacturing enterprises. Job experience and continuing education provide the qualifications necessary for advancement. Finance relates to the management of, not necessarily the accounting for, monetary affairs. The finance student, while successfully completing the core curriculum will choose one of six concentration areas of interest: Banking, Para-financial Planner, Insurance, Real Estate or Small Business.
Admissions
Requirements for Program Application
The following is required to process your application:
- High School transcript - or
- Completed COMPASS - or
- HSED/GED Test Scores - or
- College transcript showing an Associate's, Bachelor's or higher degree from an institution other than Madison College
Spring 2012
Madison College begins collecting applications for the following year's spring semester on January 16, 2011. For this program applications must be received by January 15, 2012, to be considered for the spring semester. All supporting documentation (transcripts, test scores, etc.) must be received by February 2, 2012.
Fall 2012
Madison College begins collecting applications for the following year's fall semester on September 1, 2011. For this program applications must be received by August 31, 2012, to be considered for the fall semester. All supporting documentation (transcripts, test scores, etc.) must be received by September 15, 2012.
Program Outcomes
- Make decisions based on sound financial analysis.
- Use financial calculator and spreadsheets as a Planning/Forecast/Scenario Analysis decision making tool.
- Use and apply real world economic data and events to forecast future financial movements.
- Understand and appreciate all of the inter-relationships of the functional areas of a business and the overall mission of the entity and how the employees must interact to achieve the company’s goals.
- Make decisions and be able to take a stand and support the position and effectively communicate the process.
- Be a productive, cooperative and flexible team member.
- Implement creative problem solving while maintaining high levels of ethics.
- Assume responsibility for lifelong learning.
- Apply critical thinking skills to develop new strategies and solutions.
- Demonstrate integrity, accountability, and respect.
Employment
A grade of "C" or higher is required for all core (program specific) courses to graduate.
- Paraplanners
- Customer Service Representatives
- Finance Trainings
- Financial Planning Assistants
- Loan Coordinators
- Operations Clerk/Managers
With additional education and/or work experience, graduates may find employment as:
- Financial Planners
- Stockbrokers
- Managers in Financial Institutions
Additional Info
Test Scores
Test scores are not required for admission into this program. However, they may be used to meet the C or better in algebra requirement if not met another way (see above).
Definitions and Guidelines
We do not transfer in accounting classes that are over 5 years old unless the student has been working in the accounting field. We only transfer in equivalent college work if the grade is a C or better. (We do not transfer in C- graded course work). Advanced Standing cannot exceed 50% of the required credits for the program.
Information About High School Course Work
High school course requirements: Algebra 1
Madison College courses that meet that requirement:
- 10-804-140, Algebra Concepts
- 10-804-120, Business Math (this course recommends a grade of C or better in HS Algebra 1)
- 10-804-122, Math of Finance (this course has pre-req of C or better in HS Algebra 1)
- 20-804-201, Intermediate Algebra
- 20-804-212, College Algebra
- 20-804-213, Trigonometry
- 20-804-220, Finite Mathematics
- 20-804-240, Basic Statistics
Please see the following link(s) for certificates related to this program:


