Mount Mercy University’s finance major provides students with an outstanding educational experience comprised of challenging coursework with tangible, real-world application taught by dedicated and highly qualified faculty.
Common career choices for finance majors include commercial banking, credit analysis, corporate financial planning and budgeting, financial analysis, and wealth management. Finance majors who graduated from Mount Mercy have gained employment with companies like Wells Fargo Advisors, Great America Financial Company, Transamerica, Rockwell Collins, area banks, and others.
As part of their coursework students will research individual companies to determine the intrinsic value of the company, the competitive strengths and challenges of the company, the management stewardship of the company, and will make a buy – sell – hold recommendation on the company. In other coursework students are required to develop their own investment portfolio of stocks and mutual funds.
Thanks to partnerships with Transamerica, Great America Financial Company, Alliant Energy, Rockwell Collins, and others finance majors have a chance to gain practical experience in real-world scenarios.
Every other year the Business Department has offered a January term trip to the European Union to visit Frankfort Germany, Strasburg France, Paris France, and London England to students from all majors to learn about cultural as well as economic differences between the European Union and the United States.
Mount Mercy’s finance major is a Chartered Financial Analyst (CFA) Institute Recognized University Program. Mount Mercy is listed as a recognized university on the CFA Institute website and may offer up to five scholarships per year to graduating seniors who want to take the CFA Level I exam— a step toward beginning a career as a chartered financial analyst.
Finance majors are encouraged to join the Investment Club to enhance classroom work with practical experience in investing. The Club has its own portfolio of stocks with real money invested that has soundly outperformed the S&P 500 Stock Index since the inception of the portfolio. The Investment Club has taken trips to Chicago, New York, and Omaha to visit such places and events as the Chicago Mercantile Exchange, Morningstar headquarters, the Investor Relations Department of major U.S. corporations, the New York Stock Exchange, and the Berkshire Hathaway Annual Shareholders Meeting chaired by Warren Buffett.