Banking and Financial Management Specialization - Organizational Management, Bachelor of Applied Sciences
Program Code: OMBSBAFI
Meta-Major: BUSN
Location(s): Cocoa, Melbourne, Palm Bay, Titusville, Online
Delivery Method(s): Hybrid, Online
Previous Degree Required: AS/AA
Eligible for Financial Aid: Yes
Additional Limited Access Application Process Required: No
Program Testing Requirements:
Classification of Instructional Programs (CIP) Code: 52.0299
Florida Department of Education CIP Code: 1105202991
Students can only select one major and one specialization. Students may receive a specific A.S./B.A.S. degree only one time. While students may take courses from multiple specializations, however, the degree will be awarded only once.
The EFSC Organizational Management BAS Degree Banking and Financial Management specialization is designed to prepare students for mid-level positions at banks, credit unions, insurance agencies and other financial institutions. Following graduation, Banking and Financial Management students may pursue a variety of careers, including: commercial and retail banking, investment banking, commercial lending, risk management, corporate finance, venture capital, entrepreneurship, and other fields in the financial services area. Visit the program page for more details and how to apply.
Specialization Requirements
| Code | Title | Credit Hours |
|---|---|---|
| Associate Degree | ||
| Complete Associate Degree | 60 | |
| General Education or Technical Concentration | ||
| General Education (for A.S. degree students) or Technical Concentration (for A.A. degree students) | 21 | |
| Organizational Management - Core Courses | ||
| ACG 3024 | Accounting for Managers | 3 |
| BUL 3130 | Legal, Ethical, and Social Aspects of Business | 3 |
| GEB 3213 | Foundations of Managerial Communications | 3 |
| MAN 3240 | Organizational Behavior | 3 |
| MAN 3303 | Management and Leadership | 3 |
| MAN 4301 | Human Resource Management | 3 |
| ECP 3530 | Economics of Health and Healthcare Policy 1 | 3 |
| or ECP 3703 | Managerial Economics | |
| FIN 3402 | Financial Management 2 | 3 |
| or QMB 3250 | Quantitative Methods for Business Decisions | |
| Banking and Financial Management Specialization | ||
| BRC 4203 | Banking Regulations and Compliance | 3 |
| FIN 3402 | Financial Management | 3 |
| FIN 4232 | Money, Banking, and Financial Markets | 3 |
| FIN 4323 | Bank Operations and Management | 3 |
| FIN 4414 | Advanced Topics in Financial Management | 3 |
| Total Credit Hours | 120 | |
- 1
Students in the Healthcare Management specialization should take ECP 3530 Economics of Health and Healthcare Policy.
- 2
Students in Banking and Financial Management specialization only will take both courses (see OMBSBAFI specialization).
Learning Outcomes: Banking and Finance BAS
- Demonstrate appropriate tools, techniques, and analytical methods for monetary control, monetary policy, money supply, and international banking, and financial market regulation.
- Supports Core Ability: Think critically and solve problems
- Evaluate capital budgeting methods including accrued and cash basis accounting, net present value (NPV), internal rate of return (IRR), capital rationing, as well as cash flow analyses and depreciation strategies.
- Supports Core Ability: Think critically and solve problems
- Examine and analyze the major components of the financial system including the five core principles of money and banking including commodities and fiat monies as payment systems.
- Supports Core Ability: Think critically and solve problems
- Examine and evaluate the principal functions and roles of banks to include domestic and international banking, financial payment systems, and the financial lending and financial planning processes.
- Supports Core Ability: Think critically and solve problems
- Evaluate corporate finance and financial management roles and functions to include cost of capital, capital structure, stock valuations, bonds, insurance, and mergers and acquisitions.
- Supports Core Ability: Think critically and solve problems
- Assess the functions of money and the evolution of payment systems in conjunction with the evaluation interest rates and yield-to-maturity. Examine the theory of rational expectations, and the efficient market hypothesis as they apply to valuation.
- Supports Core Ability: Think critically and solve problems
- Evaluate the time-value of money with consideration to valuation, rates of return, and the cost of capital pertaining to capital budgeting.
- Supports Core Ability: Think critically and solve problems
- Characterize foreign exchange protocols and rates of exchange, and demonstrate a working knowledge of derivatives, futures, options, and swaps.
- Supports Core Ability: Think critically and solve problems
- Demonstrate a working knowledge of the fundamentals of capital budgeting including systematic risk analysis, equity risk premium, long-term or short-term financing and raising equity capital.
- Supports Core Ability: Think critically and solve problems