SLCC General Catalog

Finance & Credit AAS

CTE Associate of Applied Science (AAS)
65 credits minimum

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Program Description

The need for sound financial investments will grow because monetary transactions are and will continue to be the life-blood of every business and organization. The course work prepares students for various career paths including the financial service industry (banks, savings and loans, credit unions, mortgage and thrift companies), commercial and retail credit analysis, credit granting and collections. In addition, finance and credit majors can apply their skills in other areas such as cash management, insurance, real estate, brokerage and investment activities of financial management. Additionally, training in accounting, computer application, economics, business management and communication skills is emphasized as part of the finance program. 

The Finance and Credit Certificate and Associate of Applied Science degree are designed to provide training for employment as financial service representatives, consumer lenders, mortgage loan processors, insurance assistant underwriters, credit clerks and others. Students who are interested in pursuing courses leading to a Bachelor’s degree in Finance should follow courses listed in Business Associate of Science or Business Associate of Arts degrees listed elsewhere in this catalog.

Career Opportunities

Opportunities in the field of finance and credit are broad and diverse. They include, but not limited to: Financial analysis, commercial banking, consumer banking, credit analysis, lending, trust services, mortgage lending, management, securities. Careers include all facets of government (federal, state, local) and private industry.

Transfer/Articulation Information

Transfer Information: This is a 2-year terminal degree. Several courses are transferable to other institutions. Students should check with the receiving institution to determine credit transferability.

Estimated Cost for Students

Varies with course selection and credit hours.

Estimated Time to Completion

If students follow the suggested semester schedule, time to completion is four semesters.

Specialized Accreditation

The Finance and Credit associate degree program is accredited by the Association of Collegiate Business Schools and Programs (ACBSP). This accreditation represents the achievement of meeting the high national standards established for associate degree-granting business programs.

General Education Requirements

Core Skills:

Composition (EN) 3 Credits

Course

Credits

Semesters

Prerequisite

ENGL 1010

Intro to Writing

3

A

WRTG 0990 w/C grade or better or appropriate Accuplacer score

Quantitative Studies (QS) 3 Credits

Course

Credits

Semesters

Prerequisite

FIN 1380

Financial Math

3

A

MATH 0990 or appropriate Accuplacer score

Communication (CM) 3 Credits

Course

Credits

Semesters

Prerequisite

BUS 2200

Bus Communications

3

A

ENGL 1010 w/C grade or better

Human Relations (HR) 3 Credits

Course

Credits

Semesters

Prerequisite

MKTG 1960

Prof in Business

3

A

 

Distribution Areas: (6 Credits)

Choose an additional three to six credits (one to two courses) from two of the following distribution areas.

Course

Credits

 

Biological Science (BS)

3-4

 

 

Fine Arts (FA)

3-4

 

 

Humanities (HU)

3

 

 

Interdisciplinary (ID)

3

 

 

Physical Science (PS)

3

 

 

Social Science (SS)

3

 

 

Required Courses: (41 Credits)

Course

Credits

Semesters

Prerequisite

ACCT 2010

Survey Fin Acct

3

A

 

ACCT 2020

Managerial Acct

3

A

ACCT 1110 or ACCT 2010, and CIS 1020 or challenge exam

BUS 1050

Foundations of Bus

3

A

 

MKTG 1480

Sales

3

Sp

 

ECON 2010

Microeconomics

3

A

 

ECON 2020

Macroeconomic

3

A

 

FIN 1050

Personal Financ

3

A

 

FIN 1210

Principles Banking

2

F, Sp

 

FIN 2100

Intro to Investments

3

F, Sp

Recommended: FIN 1050

FIN 2200

Personal Fin Plan

3

Sp

Recommended: FIN 1050

FIN 2210

Credit and Collections

3

A

Recommended: ACCT 1110 or ACCT 1220

MGT 2050

Legal Env Bus

3

A

Recommended: BUS 1050

Finance and Credit Elective Courses: (Select 7 Credits From The Following)

Course

Credits

Semesters

Prerequisite

ECON 1010

Econ as Social Sci

3

A

 

ECON 1400

Econ Hist Amer Labor

3

WSD

 

ECON 1600

Intro Econ Systems

3

F,Sp

 

ECON 1740

Econ History of US

3

A

 

ECON 2100

Labor Economic

3

F, Sp

ECON 2010

ECON 2200

Money & Bankng

3

WSD

 

ECON 2400

Intl Econ/Finance

3

F

ECON 2010 or ECON 2020 (may be taken concurrently)

ECON 2990

Special Studies

1-3

TBA

Instructor approval

FIN 2000

CO-OP

1-3

A

2.0 GPA with 20 hours per week study related work

FIN 2040

Financial Mngmt

3

WSD

ACCT 2020

FIN 2150

Mutual Funds

3

WSD

FIN 1050

FIN 2220

Fin Statement Analysis

2

WSD

FIN 2210, and ACCT 1120 or ACCT 2010 (all may be taken concurrently)

FIN 2240

Credit Law

2

WSD

Recommended: FIN 2210

FIN 2600

Securities Trading I

3

F, SP

Recommended: FIN 1050

FIN 2950

Executive Lectures I

1

F

 

FIN 2960

Executive Lect II

1

Sp

FIN 2950

FIN 2990

Spec Studies in Fin

1-3

TBA

Instructor approval

WSD = With Sufficient Demand

NOTE: Students may use ECON 1010 to meet General Education or Finance and Credit Elective requirement, but not both.

 

Elective Courses: (Choose 5 Credits From The Following)

Course

Credits

Semesters

Prerequisite

BUS 1910

Special Projects (PBL)

2

TBA

 

BUS 1100

Applied Bus Calculus

3

A

MATH 1050 or MATH 1090

MKTG 1030

Intro to Marketing

3

A

CIS 1020 or competency exam

MKTG 1050

Consumerism (ID)

3

A

 

MGT 2040

Business Statistics I

4

A

MATH 1010 or FIN 1380, and CIS 1020

MGT 2600

Intl Trade Business

3

Sp

BUS 1050 or ECON 2020

MGT 2950

Entrepreneur Forum

1

F

 

NOTE: Students may use MKTG 1050 to meet General Education or Elective requirement, both not both.

MGT 2950 cannot meet elective requirement if FIN 2960 is taken to meet Finance and Credit elective requirements.

 

Sample Schedule

1st Year Schedule

Fall Semester

Spring Semester

  BUS 1050

3

  ACCT 2010

3

  MKTG 1010

2

  ECON 2010

3

  FIN 1050

3

  ENGL 1010

3

  FIN 1210

2

  FIN 2100

3

  FIN 2950

1

  FIN ELEC

5

  Distribution (2)

6

 

 

Total

17

Total

17

2nd Year Schedule

Fall Semester

Spring Semester

  ACCT 2020

3

  FIN 2600

3

  BUS 2200

3

  ECON 1600

3

  ECON 2020

3

  FIN ELEC

2

  FIN 1380

3

  ELEC

3

  FIN 2210

3

  MKTG 1960

3

  MGT 2050

3

 

 

Total

17

Total

14

 

Advising Notes

General Education and elective courses provide training in effective oral and written communication and human relation skills. BUS 1050 is taught using group and team activities in the learning process to develop the student’s interactive skills and to build human values and ethics.

The classes designed to assist students in reaching the necessary skill level to enter the certificate and degree programs are MATH 0990 (Elementary Algebra) and CIS 1020 (Computer Essentials). Any class in the preparatory skills may be waived if the student can demonstrate equivalent skills.  It is the student’s responsibility to examine each course description for details of prerequisite classes. Those prerequisites must be satisfied before the designated class may be taken.

Students who wish to take the CIS 1020 Computer Essentials challenge exam are advised to review the information at
www.slcc.edu/cis. An 80% or higher is required on each section of the test.

Cooperative Education is the College’s strategy for recognizing and rewarding new learning associated with study-related employment in a business, industrial or government work environment. Credit earned from FIN 2000 is applied toward graduation requirements as finance elective credit. Students are eligible for FIN 2000 Co-op after completion of a minimum of 12 credits of Finance courses.

The department strongly recommends that students enhance their employment opportunities through Cooperative Education as soon as skills permit, to complement the certificate or degree. Contact CO-OP Education at (801) 957-4014.

 Program Student Learning Outcomes

Related College-Wide Student Learning Outcomes

  • Prepare personal financial mgmt docs
  • Perform steps of financial planning and investments
  • Identify financial service products and lending criteria
  • Perform steps to evaluate personal and corporate credit financial analysis
  • Perform steps of macro and micro economic analysis

Substantive Knowledge

  • Communicate effectively in writing
  • Communicate effectively while working in groups
  • Communicate effectively numerically

Communicate Effectively

  • Perform appropriate financial calculations
  • Solve problems using the time value of money
  • Perform macro and micro economic calculations

Develop Quantitative Literacy

  • Extract relevant data from complex information, process it, and draw reasonable conclusions

Think Critically

  • Understand the political, historical, social, and economic foundations of the local, national, and global communities.
  • Engage in principled and vigorous dialogue.

Civic Engagement and/or Working Professionally

Department Contact Info

Accounting, Economics and Finance Division

Taylorsville Redwood Campus
Business Building (BB) 105

General Information
801-957-4073

Information
801-957-4325

Finance and Credit Program

Academic Advisor
Taylorsville Redwood Campus
Business Building (BB) 130A
801-957-4286

Program Faculty

Professors
A. Marlon Andrus
Joseph R. Howell, Jr.
K. T. Magnusson

Associate Professors
Dennis Wilson

Assistant Professors
Rungrudee Suetorsak
Heather Schumacker
Dennis Watson