Finance


Whether you want to turn your investment hobby into a career, help families plan for retirement and college dreams, work with local entrepreneurs or even a corporation in Japan, St. Ambrose University has a remarkable program to help you achieve your goals.

Our graduates work at at Deere and Company, Caterpillar, Merrill Lynch, Ameriprise Financial, Inc., and various regional and national corporations.


Ambrose Advantages

  • High Quality and Fully Accredited Program
  • Education Catered to Your Career Path
  • Solid Focus on Finance and Business

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Students in Class

Students in Library

At St. Ambrose, you get immersive financial and business experiences, gain highly-developed analytic skills, and a broad-based liberal arts education. This gives you the winning edge to compete in a fast-paced global environment.

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More Information on the Finance Program

What will I learn?

All finance majors take classes in economics, general business, marketing, and management which include core courses such as investing in global markets, corporate finance, and financial institutions. You can choose from a list of electives, including entrepreneurial finance, estate planning, and wealth management.

Then, you get to choose a concentration based on your intended career path, and we cater the rest of your education to your specific goals. SAU offers courses in the following concentrations: corporate finance, entrepreneurial, financial analyst, financial planning, and financial investment.

You also get to complete a capstone project, which allows you to dive even deeper into your intended field. And, we strongly encourage you to complete an internship. You will get hands-on, real experience in business and finance, and have the opportunity to earn credits as you do.

Our undergraduate finance program is fully accredited by the ACBSP, and you will learn from some of the best minds in business and finance. More than 85% of full-time College of Business faculty members have doctoral degrees, and most have professional work experience in the fields they teach. They are noted for their drive to continually educate themselves.

As an SAU Finance major, you get an education that is highly relevant today, and will help you succeed in the future, too.

What are some possible careers?

Finance majors have many career options, including asset manager, financial analyst, financial planner, investment banker, portfolio manager, stockbroker, credit analysts, corporate controller or treasurer, or real estate manager for a financial institution. Graduates can also pursue careers in local, state, and federal government and nonprofit organizations.

Many SAU graduates continue their education and pursue higher degrees in economics or finance, and a number have also gone to law school.Our graduates are in high demand. In a recent survey, 97% of SAU College of Business graduates said they were employed full- or part-time, in graduate school, continuing their education, or weren't seeking employment at the time.

You also get to complete a capstone project, which allows you to dive even deeper into your intended field. And, we strongly encourage you to complete an internship. You will get hands-on, real experience in business and finance, and have the opportunity to earn credits as you do. Our Career Center will help find the internship that's right for you.

What have alums from this program done?
  • Jacob Schertz '12 is a consultant at FTI Consulting in Chicago
  • John Isit '16 works in Des Moines, Iowa, as a risk advisory services consulting associate at RSM U.S. LLP.
  • Jacob Foecke '12 double-majored in Finance and Accounting and is an accountant for Quality Plus Feeds in Southeast Iowa.
How can I build on my education outside the classroom?

Take advantage of an internship. It's one of the best ways to get real-world experience, a network of contacts, work samples for your portfolio, and a list of professional references. You can get up to three hours of academic credit, and it's not uncommon for Ambrose interns to be paid for their efforts and contributions. 

The College of Business has strong relationships with companies and organizations throughout region, which gives you many opportunities. SAU finance majors have served as interns at Arthur J. Gallagher & Co., Boy Scouts of America, First National Bank, Modern Woodmen of America, and Morgan Stanley.

Our Career Center will help you find an internship and as you prepare to graduate, they offer job assistance too.

You can join the Finance Club. This organization is a community of your student peers and promotes finance/investment related activities, holds seminars, organizes social events, raises funds, invites guest speakers and alumni, and arranges an annual trip to the Chicago Board of Options Exchange.

Read what Finance Club members said about the most recent trip to the CBOE.

Scholarships

Scholarships and Grants

For academic/merit-based awards, eligible students are matched to the qualifying award; some of them are listed below.

For need-based support, eligibility is determined by the Free Application for Federal Student Aid (FAFSA).

You may also qualify for a scholarship or grant due to your talent in the fine arts or athletics. Give us a call or send an email so we can get to know you and find the best package for you. (You're also encouraged to seek outside scholarships and begin that search early.)

Institutional scholarships (2018-19)

To receive an institutional grant or scholarship students must meet specific criteria, and some may require a certain GPA to stay eligible. There is no need to apply for these; students automatically are eligible if they meet the criteria.

The Admissions Office calculates the award amount by using high school GPA and ACT/SAT scores.

Ambrose Scholar
For First Year, on-campus residents only. Straight As on high school transcript and a minimum 30 ACT score. Applicants who meet Ambrose Scholar criteria will be invited to compete for a full tuition scholarship for $@{17-18-Tuition}.

Trustee Scholar
$22,000/year - For First-year, on-campus residents only. Unweighted 3.8 GPA, 28+ACT. May be offset by state and/or federal aid if eligible.

Academic Scholarship
$14,000-17,000/year - Based on GPA and ACT/SAT score

University Grant
$12,000/year - Based on high school GPA and ACT/SAT score

Additional Awards

If you want to apply for any of the scholarships below, contact the Admissions Office.

Fine Arts Scholarships
Award based on performance and ability in art, music, or theatre. Includes the Michael Kennedy Theatre Scholarship. Audition or portfolio required.

Athletics Scholarships
Award varies. Based on performance and ability. Marching Band scholarships available. See below.

Freeman Pollard Minority Scholarship
$1,000 for on-campus students; $500 for off-campus. For accepted minority students.

Diocese of Davenport Catholic Parish Scholarship
Award varies. For First Year students only who are recommended by their parish pastor in the Diocese of Davenport. Recommendation to be completed by your pastor available here (pdf).

Father Welch Alumni Scholarship
$1,000/year. For on-campus students only whose parent is a St. Ambrose graduate.

Athletic Scholarships

The National Association of Intercollegiate Athletics (NAIA) awards millions of dollars annually to student-athletes at more than 250 colleges and universities. These scholarships allow you to earn a college education while competing in the sport that you love. At Ambrose, we embody that value of developing both the mind and body.

How do I qualify for an athletic scholarship?
You must first be eligible to play a sport at St. Ambrose. You can read about those qualifications here. The NAIA also has a complete website on how to register for eligibility at playNAIA.org

Transfer Scholarships

Amounts are for transfer students entering St. Ambrose in the 2018-19 academic year. For questions about any of the awards below, give our friendly Financial Aid Office a call at 563-333-5775.

Guaranteed Minimum Scholarship Award 

based on GPA (Grade Point Average)
3.5-4.00 GPA: $12,000 per year scholarship award
3.0-3.49 GPA: $11,000 per year scholarship award
2.5-2.99 GPA: $10,000 per year scholarship award
2.0-2.49 GPA: $8,000 per year scholarship award

OR

Phi Theta Kappa National Honor Society

Based on Phi Theta Kappa National Honor Society membership. Award is $12,500 per year for new transfer students.

Awards are renewable each year up to a maximum eight semesters, including transfer hours. Scholarships awarded for fall and spring semesters only. GPA is based on 4.0 scale.

Award Terms

FAFSA forms must be filed every year.

  • To be considered for an Iowa Tuition Grant, the filing deadline is July 1.
  • The St. Ambrose priority deadline is March 15 for some institutional funds. 
  • The Financial Aid Office has the right to adjust your award at any time due to changes in your financial, academic, enrollment, or housing status. 
  • Awards offered from State and Federal programs are contingent upon legislative allocation of funds and maximum limits allowed.
  • You must report any assistance you receive from outside sources – including assistance from your employer – to the Financial Aid Office.

Institutional Aid

Undergraduate level students must be enrolled in at least 12 credit hours per semester to receive Institutional money. All students, undergraduate or graduate, must be enrolled at least half-time per semester to be eligible for student loans. (Half-time for Undergraduate level = 6 credits; Graduate level = 5 credits)

There is no institutional aid for summer sessions. Federal Loans may be available if you are enrolled at least 1/2 time.

You are eligible for institutional financial aid for up to eight semesters, including semesters taken at other schools, before or after time spent at the university (i.e. if you transfer in as a junior, you will receive 4 semesters of institutional aid; or you attended St. Ambrose, left to attend another school, and then returned). This means that if you continue into a fifth year of classes, you will not be eligible for any institutional funds you may have received previously. (Institutional funds are those awarded by the university, not state, federal, or outside based scholarships or grants.)

Loans

All financial aid awards, including loans, are disbursed in two disbursements: one for the fall term and one for the spring term. If you are a first-time borrower, there is a 30-day hold on your first disbursement. Once the loan funds have been applied to your account and if you have awards in excess of your costs, you may receive a refund. Any other questions regarding your financial aid should be directed to the Financial Aid Office.

Work Study

If you are receiving assistance under the work study program, you must understand that the amount shown on your award letter is the amount we expect you to earn during one academic year if you work all your allotted hours. Any additional earnings must be approved by your department supervisor and taken into consideration in your financial award package.

Endowed Scholarships

Part of the financial aid funds that St. Ambrose awards come from monies provided through the generous support of St. Ambrose University benefactors. Most endowed scholarships are meant to provide financial support for St. Ambrose University's academic and need based awards. Due to this, in some cases you may see a portion of your Academic Scholarship, for example, being replaced by a named endowed scholarship. The total dollar amount you receive between the two awards, however, will remain unchanged.

Recipients are chosen based on the criteria established by the donor, which include, but are not limited to: major, class rank, GPA, performance in a fine art, or residency. You may be contacted by the Advancement Office to write a thank you letter to the donor.

What happens if I withdraw or need to drop a class?

  • If you drop a class, it may affect the amount of aid you can receive. It is very important to visit your Financial Aid counselor if you are planning on dropping a class.
  • If you are going to withdraw completely from all your classes, your financial aid awards will be prorated according to the amount of time you were actually enrolled. It is possible that you may end up owing the University for a portion of your expenses incurred.
  • More information regarding this policy is available in the University catalog.
  • Please contact your Financial Aid counselor if you are considering dropping classes or withdrawing from the University.

Requirements

Bachelor of Arts in Finance (24 credits)

Required:

Financial Core (12 credits)
FNCE 311 Investments in a Global Environment
FNCE 312 Corporate Finance
FNCE 313 Financial Institutions
FNCE 420 CapstoneElectives (Choose 12 credits)
FNCE 411 Derivatives
FNCE 412 Entrepreneurial Finance
FNCE 413 Estate Planning and Wealth Management
FNCE 414 Fixed Income
FNCE 415 Insurance and Risk Management
FNCE 416 Corporate Financial Issues and the Company Life Cycle
FNCE 417 Topics in Finance

Optional:

Students may choose one of the following finance career streams:
Corporate Finance: Complete Accounting Major, FNCE-311, FNCE-312, FNCE-313, FNCE-412 or FNCE-416, FNCE-420
Entrepreneurial: Complete Entrepreneurship Minor, FNCE-311, FNCE-312, FNCE-313, FNCE-412, FNCE-413, two additional electives and FNCE-420
Financial Analyst: FNCE-311, FNCE-312, FNCE-313, FNCE-411, FNCE-413, FNCE-414, ECON-447 or FNCE-416, FNCE-420. Business Economics major recommended
Financial Planning: FNCE-311, FNCE-312, FNCE-313, FNCE-412, FNCE-413, FNCE-415, ECON-316 and FNCE-420
Investment: FNCE-311, FNCE-312, FNCE-313, FNCE-411, FNCE-414, two additional electives and FNCE-420

Career Streams

Finance Majors have the option of choosing one of five career streams: Corporate, Entrepreneurial, Financial Analyst, Financial Planning, and Investment. Coupling one of these concentrated areas of study allows the student to learn industry specifics for their intended career path.

Corporate Finance: Complete Accounting Major plus FNCE-311, FNCE-312, FNCE-313, FNCE-412 or FNCE-416, FNCE-420

Entrepreneurial Stream: Complete Entrepreneurship Minor plus FNCE-311, FNCE-312, FNCE-313, FNCE-412, FNCE-413, two additional electives, and FNCE-420

Financial Analyst Stream: FNCE-311, FNCE-312, FNCE-313, FNCE-411, FNCE-413, FNCE-414, ECON-447 or FNCE-416, FNCE-420. Business Economics major recommended

Financial Planning Stream: FNCE-311, FNCE-312, FNCE-313, FNCE-412, FNCE-413, FNCE-415, ECON-316, and FNCE-420

Investment Stream: FNCE-311, FNCE-312, FNCE-313, FNCE-411, FNCE-414, two additional electives, and FNCE-420 

Plan to Graduate

This is the suggested plan of study to graduate in four years with a degree in Finance.

This plan assumes the student has taken three years of foreign language in high school.

Year One

FallCreditsSpringCredits
ACCT 201 Financial Accounting 3 ACCT 202 Managerial Accounting 3
Catholic Intellectual Tradition 3 Catholic Intellectual Tradition 3
COMM 3 ECON 202 Principles of Microeconomics 3
ENGL 101 English Composition 3 Humanities 3
STBE 137 Quantitative Methods in Business 3 MKTG 209 Principles of Marketing 3
IL 101 Information Literacy 1 KIN 149 Wellness Concepts 1
Total 16 Total 16

Year Two

FallCreditsSpringCredits
BUS 201 Legal Environment of Business 3 FNCE 300 Principles of Finance 3
ECON 201 Principles of Microeconomics 3 STBE 237 Stats for Bus. and Econ. 3
Liberal Arts 3 Catholic Intellectual Tradition 3
MGMT 210 Principles of Management 3 Creative Arts 2
Science+Lab 4 KIN Alternative 1-2
  Humanities 3
 
Total 16 Total 15-16

Year Three

FallCreditsSpringCredits
FNCE 311 Investments in a Global Environment 3 Electives 9
Electives 6 FNCE 313 Financial Institutions 3
FINCE 312 Corporate Finance 3 FNCE Elective 3
PHIL 305 Business Ethics 3
Total 15 Total 15

Year Four

FallCreditsSpringCredits
FNCE Electives 6 FNCE 420 Capstone 3
INTL 400 1 Electives 9
MGMT 449 Strategic Management & Policy 3  FNCE Elective
   
Total 16 Total 15
Finance Minor

Requirements:
FNCE 311 Investments in a Global Environment
FNCE 312 Corporate Finance
FNCE 313 Financial Institutions
FNCE 420 Capstone
6 credits FNCE (cannot include FNCE 200) 

+ satisfies a General Education requirement

Click here to read course descriptions for Finance


Blake Billups '16


"Ambrose provided countless opportunities to engage with local and world leaders. Inevitably, these events can help develop professional communication skills that go a long way in interviews and negotiations." Blake currently is a Credit Analyst for the Wintrust Financial Corporation.

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Contact


Art Moreau, PhD, Chairperson

AH401
518 W. Locust St.
Davenport, Iowa 52803
563-333-6436
MoreauArthurF@sau.edu

So, what's next?

Are you ready to take the next step? St. Ambrose offers more than 50 programs and 26 athletic teams and sports to join on campus. Become an Ambrosian today!