Mission Statement
The Department of Finance is committed to contributing knowledge in the field of finance through research and education. The department strives to provide high-quality undergraduate and graduate programs in finance and supports other programs within the Carlos Alvarez College of Business. Theory and application are melded to provide an environment in which new ideas are developed to meet the challenges and transformations arising in a changing world of financial practices and innovations, thereby preparing students for successful careers and providing employers with a workforce trained to shape the future. The Department supports high-quality academic research in all areas of finance.
The Department of Finance offers a Bachelor of Business Administration (B.B.A.) degree in Finance and a B.B.A. degree in Real Estate Finance and Development. A major in finance gives students the opportunity to learn the basic financial theories and applications needed in managerial financial decision-making. Areas in finance include corporate finance, investments, insurance, real estate, and financial institutions and markets. The degree in real estate finance and development is designed for students interested in managing businesses associated with real estate and the planning, financing, development, and construction of building projects. The department offers a Minor in Finance that is available only to students pursuing a Bachelor of Business Administration degree.
The department also offers tracks in corporate finance, investment management, and financial institutions to students who wish to specialize in the B.B.A. degree in Finance.
Gateway Course
Students pursuing the B.B.A. degree in Finance must successfully complete the business math gateway course MAT 1053 (TCCN MATH 1324) or equivalent with a grade of "C-" or better in no more than two attempts. A student who is unable to successfully complete this course within two attempts, including dropping the course with a grade of “W” or by taking an equivalent course at another institution, will be required to change their major outside of business. Upon the second failed attempt students will be changed to undeclared and will not be eligible for a Bachelor of Business Administration or a Bachelor of Arts in Economics degree.
“C-” Grade Rule
A grade of “C-” or better required for courses that are a prerequisite to a finance (FIN) course indicates the minimum necessary preparation for further finance education. A student receiving a grade below “C-“ in any course to which this standard applies must repeat the course before enrolling in any course for which it is a prerequisite. This requirement is subject to both the Gateway Course and Three-Attempt Limit rules.
Finance Assessment of Competency Test (FACT)
All Finance and Real Estate Finance and Development students must take and pass the Finance Assessment of Competency Test (FACT) prior to registering for FIN 3023, FIN 3033, FIN 4713, and FIN 4723
. For more information, visit the department web page https://business.utsa.edu/utsa-finance-department/fact/. The FACT test is offered by Testing Services. You must register through MyUTSA Account (ASAP) at least 24 hours in advance to take the FACT. Registration dates are posted on MyUTSA Account (ASAP) every semester. You may take the exams thrice in a single semester.
Bachelor of Business Administration Degree in Finance
The minimum number of semester credit hours for the Bachelor of Business Administration (B.B.A.) degree in Finance is 120, at least 39 of which must be at the upper-division level.
All candidates seeking this degree must fulfill the Core Curriculum requirements, the Common Body of Knowledge requirements, and the degree requirements, which are listed below.
Core Curriculum Requirements (42 semester credit hours)
Students seeking the B.B.A. degree in Finance must fulfill University Core Curriculum requirements in the same manner as other students.
MAT 1053, and MAT 1133 should be used to satisfy the core requirement in Mathematics (020) and the core requirement in the Component Area Option (090). ECO 2023 should be used to satisfy the core requirement in Social and Behavioral Sciences (080).
MAT 1053, MAT 1133, and ECO 2023 may be used to satisfy both Core Curriculum requirements and Common Body of Knowledge (CBK) requirements.
All degrees in the Carlos Alvarez College of Business require 120 hours. If students elect to take a course that satisfies both a Core and ACOB requirement, students may need to take an additional course to meet the 120 hours.
For a complete listing of courses that satisfy the Core Curriculum requirements, see Core Curriculum Component Area Requirements.
Core Curriculum Component Area Requirements
First Year Experience Requirement (3 semester credit hours)
All students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AIS 1203 | Academic Introduction and Strategies (core component area 090) | 3 |
AIS 1213 | AIS: Architecture, Construction, and Planning (core component area 090) | 3 |
AIS 1223 | AIS: Arts and Humanities (core component area 090) | 3 |
AIS 1233 | AIS: Business (core component area 090) | 3 |
AIS 1243 | AIS: Engineering, Mathematics, and Sciences (core component area 090) | 3 |
AIS 1253 | AIS: Interdisciplinary Education (core component area 090) | 3 |
AIS 1263 | AIS: Life and Health Sciences (core component area 090) | 3 |
AIS 1273 | AIS: Social Sciences and Public Policy (core component area 090) | 3 |
Communication (6 semester credit hours)
Students must complete the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
WRC 1013 | Freshman Composition I (TCCN: ENGL 1301) | 3 |
WRC 1023 | Freshman Composition II (TCCN: ENGL 1302) | 3 |
Mathematics (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
CS 1173 | Data Analysis and Visualization | 3 |
MAT 1023 | College Algebra with Applications (TCCN: MATH 1314) | 3 |
MAT 1043 | Quantitative Reasoning (TCCN: MATH 1332) | 3 |
MAT 1053 | Mathematics for Business (TCCN: MATH 1324) | 3 |
MAT 1073 | Algebra for Scientists and Engineers (TCCN: MATH 1314) | 3 |
MAT 1093 | Precalculus (TCCN: MATH 2312) | 3 |
MAT 1133 | Calculus for Business (TCCN: MATH 1325) | 3 |
MAT 1193 | Calculus for the Biosciences (TCCN: MATH 2313) | 3 |
MAT 1213 | Calculus I (TCCN: MATH 2313) | 3 |
STA 1053 | Basic Statistics (TCCN: MATH 1342) | 3 |
Life and Physical Sciences (6 semester credit hours)
Students must complete two of the following courses for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
ANT 2033 | Introduction to Biological Anthropology (TCCN: ANTH 2301) | 3 |
AST 1013 | Introduction to Astronomy (TCCN: ASTR 1303) | 3 |
AST 1033 | Exploration of the Solar System (TCCN: ASTR 1304) | 3 |
BIO 1203 | Biosciences I for Science Majors (TCCN: BIOL 1306) | 3 |
BIO 1223 | Biosciences II for Science Majors (TCCN: BIOL 1307) | 3 |
BIO 1233 | Contemporary Biology I (TCCN: BIOL 1308) | 3 |
BIO 1243 | Contemporary Biology II (TCCN: BIOL 1309) | 3 |
CHE 1083 | Introduction to the Molecular Structure of Matter | 3 |
CHE 1093 | Introduction to Molecular Transformations | 3 |
ES 1113 | Environmental Botany (TCCN: BIOL 1311) | 3 |
ES 1123 | Environmental Zoology (TCCN: BIOL 1313) | 3 |
ES 1213 | Environmental Geology (TCCN: GEOL 1305) | 3 |
ES 2013 | Introduction to Environmental Science I (TCCN: ENVR 1301) | 3 |
ES 2023 | Introduction to Environmental Science II (TCCN: ENVR 1302) | 3 |
GEO 1013 | The Third Planet (TCCN: GEOL 1301) | 3 |
GEO 1033 | Geology of North American National Parks (TCCN: GEOL 1302) | 3 |
GEO 1123 | Life Through Time (TCCN: GEOL 1304) | 3 |
GES 2613 | Intro to Physical Geography (TCCN: GEOG 1301) | 3 |
NDT 2043 | Introduction to Nutritional Sciences | 3 |
PHY 1943 | Physics for Scientists and Engineers I (TCCN: PHYS 2325) | 3 |
PHY 1963 | Physics for Scientists and Engineers II (TCCN: PHYS 2326) | 3 |
Language, Philosophy and Culture (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AAS 2013 | Introduction to African American Studies | 3 |
AAS 2113 | African American Culture, Leadership and Social Issues | 3 |
ANT 2063 | Language, Thought, and Culture | 3 |
ARC 1113 | Introduction to the Built Environment (TCCN: ARCH 1311) | 3 |
ARC 2423 | Global History of Architecture and Urbanism: Renaissance to 19th Century (TCCN: ARCH 1302) | 3 |
CHN 1014 | Elementary Chinese I (TCCN: CHIN 1411) | 4 |
CLA 2013 | Introduction to Ancient Greece | 3 |
CLA 2023 | Introduction to Ancient Rome | 3 |
CLA 2323 | Classical Mythology | 3 |
COM 2313 | Introduction to Media Studies | 3 |
CSH 1103 | Literary Masterpieces of Western Culture I (TCCN: ENGL 2332) | 3 |
CSH 1113 | Literary Masterpieces of Western Culture II (TCCN: ENGL 2333) | 3 |
CSH 1213 | Topics in World Cultures (TCCN: HUMA 2323) | 3 |
CSH 2113 | The Foreign Film | 3 |
ENG 2013 | Introduction to Literature (TCCN: ENGL 2341) | 3 |
ENG 2023 | Literature and Film | 3 |
ENG 2213 | Literary Criticism and Analysis | 3 |
ENG 2383 | Multiethnic Literatures of the United States | 3 |
ENG 2423 | Literature of Texas and the Southwest | 3 |
ENG 2443 | Persuasion and Rhetoric | 3 |
FRN 1014 | Elementary French I (TCCN: FREN 1411) | 4 |
FRN 2333 | French Literature in English Translation | 3 |
GER 1014 | Elementary German I (TCCN: GERM 1411) | 4 |
GER 2333 | German Literature in English Translation | 3 |
GES 1023 | World Regions and Global Change (TCCN: GEOG 1303) | 3 |
GLA 1013 | US in Global Context | 3 |
GRK 1114 | Introductory Classical Greek I | 4 |
HIS 2123 | Introduction to World Civilization to the Fifteenth Century (TCCN: HIST 2321) | 3 |
HIS 2133 | Introduction to World Civilization since the Fifteenth Century (TCCN: HIST 2322) | 3 |
HIS 2533 | Introduction to Latin American Civilization | 3 |
HIS 2543 | Introduction to Islamic Civilization | 3 |
HIS 2553 | Introduction to East Asian Civilization | 3 |
HIS 2573 | Introduction to African Civilization | 3 |
HIS 2583 | Introduction to South Asian Civilization | 3 |
HUM 2093 | World Religions (TCCN: PHIL 1304) | 3 |
ITL 1014 | Elementary Italian I (TCCN: ITAL 1411) | 4 |
ITL 2333 | Italian Literature in English Translation | 3 |
JPN 1014 | Elementary Japanese I (TCCN: JAPN 1411) | 4 |
LAT 1114 | Introductory Latin I (TCCN: LATI 1411) | 4 |
MAS 2013 | Introduction to Chicana/x/o Studies (TCCN: HUMA 1305) | 3 |
PHI 1043 | Critical Thinking (TCCN: PHIL 2303) | 3 |
PHI 2013 | Basic Philosophical Problems (TCCN: PHIL 1301) | 3 |
PHI 2023 | Introduction to Ancient Philosophy (TCCN: PHIL 2316) | 3 |
PHI 2033 | Introduction to Early Modern Philosophy | 3 |
PHI 2093 | Philosophy of The Americas | 3 |
PHI 2123 | Contemporary Moral Issues | 3 |
RUS 1014 | Elementary Russian I (TCCN: RUSS 1411) | 4 |
RUS 2333 | Russian Literature in English Translation | 3 |
SPN 1014 | Elementary Spanish I (TCCN: SPAN 1411) | 4 |
SPN 2333 | Hispanic Literature in English Translation | 3 |
WGSS 2013 | Introduction to Women's Studies | 3 |
WGSS 2023 | Introduction to LGBTQ Studies | 3 |
Creative Arts (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AHC 1113 | Art History: Prehistory-1350 (TCCN: ARTS 1303) | 3 |
AHC 1123 | Art History: 1350-Present (TCCN: ARTS 1304) | 3 |
ARC 1513 | Great Buildings and Cities of the World | 3 |
ARC 2413 | Global History of Architecture and Urbanism: Prehistory to Medieval (TCCN: ARCH 1301) | 3 |
ART 1103 | Introduction to Visual Arts (TCCN: ARTS 1301) | 3 |
ART 1113 | Image Culture | 3 |
BBL 2023 | Latino Cultural Expressions (TCCN: HUMA 1311) | 3 |
CLA 2033 | Introduction to Classical Literature | 3 |
DAN 2003 | Introduction to Dance (TCCN: DANC 2303) | 3 |
HUM 2023 | Introduction to the Humanities I (TCCN: HUMA 1301) | 3 |
HUM 2033 | Introduction to the Humanities II (TCCN: HUMA 1302) | 3 |
HUM 2053 | History of Film (TCCN: HUMA 1315) | 3 |
MAS 2023 | Latina/x/o Cultural Expressions (TCCN: HUMA 1311) | 3 |
MUS 2243 | World Music in Society | 3 |
MUS 2633 | American Roots Music (TCCN: MUSI 1310) | 3 |
MUS 2653 | Music in Culture | 3 |
MUS 2663 | History and Styles of Jazz (TCCN: MUSI 1310) | 3 |
MUS 2673 | History and Styles of Popular Music (TCCN: MUSI 1310) | 3 |
MUS 2683 | History and Styles of Western Art Music (TCCN: MUSI 1306) | 3 |
MUS 2713 | History of Recorded Music | 3 |
MUS 2733 | History of the American Musical Theater | 3 |
MUS 2743 | Music and Film | 3 |
PHI 2073 | Philosophy of Art | 3 |
American History (6 semester credit hours)
Students must complete two of the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
HIS 1043 | United States History: Pre-Columbus to Civil War Era (TCCN: HIST 1301) | 3 |
HIS 1053 | United States History: Civil War Era to Present (TCCN: HIST 1302) | 3 |
HIS 2053 | Texas History (TCCN: HIST 2301) | 3 |
Government-Political Science (6 semester credit hours)
Students must complete two of the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
POL 1013 | Introduction to American Politics (TCCN: GOVT 2305) | 3 |
| |
POL 1133 | Texas Politics and Society (TCCN: GOVT 2306) | 3 |
POL 1213 | Civil Rights in Texas and America (TCCN: GOVT 2306) | 3 |
Social and Behavioral Sciences (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AMS 2043 | Approaches to American Culture | 3 |
ANT 1013 | Introduction to Anthropology (TCCN: ANTH 2346) | 3 |
ANT 2043 | Introduction to Archaeology (TCCN: ANTH 2302) | 3 |
ANT 2053 | Introduction to Cultural Anthropology (TCCN: ANTH 2351) | 3 |
BBL 2003 | Language, Culture, and Society (TCCN: ANTH 2351) | 3 |
BBL 2243 | Bilingual Families, Communities, and Schools: National and Transnational Experiences (TCCN: ANTH 2351) | 3 |
CRJ 1113 | The American Criminal Justice System (TCCN: CRIJ 1301) | 3 |
ECO 2003 | Economic Principles and Issues (TCCN: ECON 1301) | 3 |
ECO 2023 | Introductory Microeconomics (TCCN: ECON 2302) | 3 |
EGR 1343 | The Impact of Modern Technologies on Society | 3 |
ES 1003 | Survey Topics in Environmental Studies | 3 |
GES 1013 | Fundamentals of Geography | 3 |
GES 2623 | Human Geography: People, Place, Culture (TCCN: GEOG 1302) | 3 |
HTH 2413 | Introduction to Community and Public Health | 3 |
HTH 2513 | Personal Health (TCCN: PHED 1304) | 3 |
IDS 2113 | Society and Social Issues | 3 |
KIN 2123 | Exercise as Medicine (TCCN: KINE 1338) | 3 |
NDRB 1033 | Drugs and Society (TCCN: PHED 1346) | 3 |
PSY 1013 | Introduction to Psychology (TCCN: PSYC 2301) | 3 |
REGS 2003 | Intersectional Approaches to Social Justice | 3 |
SOC 1013 | Introduction to Sociology (TCCN: SOCI 1301) | 3 |
SOC 2013 | Social Problems (TCCN: SOCI 1306) | 3 |
SOC 2023 | Social Context of Drug Use (TCCN: SOCI 2340) | 3 |
SWK 1013 | Introduction to Social Work | 3 |
Component Area Option (CAO) (3 semester credit hours)
Students must complete either one of the following courses or any additional Core Curriculum course not previously used to satisfy a core component area requirement, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
COM 2113 | Public Speaking (core component area 091, TCCN: SPCH 1315) | 3 |
EGR 1403 | Technical Communication (core component area 091) | 3 |
ENG 2413 | Technical Writing (core component area 091, TCCN: ENGL 2311) | 3 |
PAD 1113 | Public Administration and Policy in American Society (core component area 097) | 3 |
PHI 2043 | Introductory Logic (core component area 092, TCCN: PHIL 2303) | 3 |
| 3 |
| 6 |
| 3 |
| 6 |
| 3 |
| 3 |
| 6 |
| 6 |
| 3 |
| 3 |
Total Credit Hours | 42 |
Common Body of Knowledge (CBK)
All students seeking a B.B.A. degree in the Carlos Alvarez College of Business must complete the following Common Body of Knowledge (CBK) courses in addition to the Core Curriculum.
Course List Code | Title | Credit Hours |
ACC 2013 | Principles of Accounting I | 3 |
ACC 2033 | Principles of Accounting II | 3 |
ECO 2013 | Introductory Macroeconomics | 3 |
ECO 2023 | Introductory Microeconomics (satisfies Social and Behavioral Sciences Core Curriculum requirement) | 3 |
FIN 3013 | Principles of Business Finance | 3 |
GBA 2013 | Legal, Social and Ethical Issues in Business | 3 |
IS 1403 | Business Information Systems Fluency | 3 |
or IS 1413 | Excel for Business Information Systems |
IS 3003 | Principles of Information Systems for Management | 3 |
MAT 1053 | Mathematics for Business (satisfies Mathematics Core Curriculum requirement; this course is not required for Actuarial Science majors) 1 | 3 |
MAT 1133 | Calculus for Business (satisfies Mathematics or Component Area Option Core Curriculum requirement; Actuarial Science majors must take MAT 1213 in lieu of MAT 1133) | 3 |
MGT 3003 | Business Communication and Professional Development | 3 |
MGT 3013 | Introduction to Organization Theory, Behavior, and Management | 3 |
MGT 4893 | Management Strategy (taken in semester of graduation) | 3 |
MKT 3013 | Principles of Marketing | 3 |
MS 1023 | Business Statistics with Computer Applications I (Actuarial Science majors must take STA 3003 in lieu of MS 1023) | 3 |
MS 3043 | Business Statistics with Computer Applications II (Actuarial Science majors must take STA 3513 in lieu of MS 3043) | 3 |
MS 3053 | Management Science and Operations Technology | 3 |
In addition to the Core Curriculum requirements and requirements from the Carlos Alvarez College of Business Common Body of Knowledge (CBK), all candidates for the degree must complete the following degree requirements.
Gateway Course
Students pursuing the B.B.A. degree in Finance must successfully complete the business math gateway course MAT 1053 (TCCN MATH 1324) or equivalent with a grade of "C-" or better in no more than two attempts. A student who is unable to successfully complete this course within two attempts, including dropping the course with a grade of “W” or by taking an equivalent course at another institution, will be required to change their major outside of business. Upon the second failed attempt students will be changed to undeclared and will not be eligible for a Bachelor of Business Administration (B.B.A) or a Bachelor of Arts in Economics degree.
Course List Code | Title | Credit Hours |
MAT 1053 | Mathematics for Business | 3 |
Finance Assessment of Competency Test (FACT)
All Finance students must take and pass the Finance Assessment of Competency Test (FACT) prior to registering for FIN 3023, FIN 3033, FIN 4713, and FIN 4723 . For more information, visit the department FACT Exam web page. The FACT test is offered by Testing Services. You must register through myUTSA at least 24 hours in advance to take the FACT. Registration dates are posted on myUTSA every semester. You may take the exams thrice in a single semester.
Degree Requirements
Course List Code | Title | Credit Hours |
| |
| Principles of Business Finance (CBK and Major) | |
| Intermediate Accounting for Finance Majors 1 | |
| Intermediate Corporate Finance 2 | |
| Principles of Investment 2 | |
| Interest Rates, Money and Banking | |
| Computer Modeling of Financial Applications | |
| Cases and Problems in Finance | |
3, 4, 5 | |
| |
| Debt Markets | |
| Derivative Markets | |
| Security Analysis and Corporate Valuation (and Corporate Valuation) | |
| Business Finance for Entrepreneurs | |
| Introduction to Risk Management | |
| Introduction to International Finance | |
| Independent Study | |
| Internship in Finance 7 | |
| |
| Debt Markets | |
| Security Analysis and Corporate Valuation (and Corporate Valuation) | |
| Derivative Markets | |
| Investment Portfolio Management | |
| Introduction to Risk Management | |
| Data Analytics in Finance | |
| Introduction to FinTech | |
| Independent Study | |
| Internship in Finance 7 | |
| Introduction to International Finance | |
| Credit Analysis | |
| |
| Financial Institutions Management | |
| Security Analysis and Corporate Valuation (and Corporate Valuation) | |
| Debt Markets | |
| Derivative Markets | |
| Introduction to Risk Management | |
| Data Analytics in Finance | |
| Introduction to FinTech | |
| Property-Liability Insurance Finance | |
| Life and Health Insurance Finance | |
| Independent Study | |
| Internship in Finance 7 | |
| Credit Analysis | |
| |
3,6,7 | |
Total Credit Hours | 87 |
Course Sequence Guide for B.B.A. Degree in Finance
This course sequence guide is designed to assist students in completing their UTSA undergraduate business degree requirements. This is a term-by-term sample course guide. Students must satisfy other requirements in their catalog and meet with their academic advisor for an individualized degree plan. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students should make every attempt to take the courses in the indicated sequence. Students may choose to take courses during Summer terms to reduce course loads during long semesters.
Recommended Four-Year Academic Plan1
Plan of Study Grid First Year |
Fall |
AIS 1233 | AIS: Business | 3 |
MAT 1053 | Mathematics for Business () 2 | 3 |
WRC 1013 | Freshman Composition I () | 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Spring |
MAT 1133 | Calculus for Business () 2 | 3 |
WRC 1023 | Freshman Composition II () | 3 |
IS 1403
| Business Information Systems Fluency ()
or Excel for Business Information Systems | 3 |
ECO 2023 | Introductory Microeconomics () 2 | 3 |
ACC 2013 | Principles of Accounting I () | 3 |
| Credit Hours | 15 |
Second Year |
Fall |
MS 1023 | Business Statistics with Computer Applications I () | 3 |
ECO 2013 | Introductory Macroeconomics () | 3 |
ACC 2033 | Principles of Accounting II () | 3 |
IS 3003 | Principles of Information Systems for Management () | 3 |
MGT 3013 | Introduction to Organization Theory, Behavior, and Management () | 3 |
| Credit Hours | 15 |
Spring |
MKT 3013 | Principles of Marketing () | 3 |
MS 3053 | Management Science and Operations Technology | 3 |
FIN 3013 | Principles of Business Finance () 3 | 3 |
GBA 2013 | Legal, Social and Ethical Issues in Business | 3 |
MGT 3003 | Business Communication and Professional Development () | 3 |
| Credit Hours | 15 |
Third Year |
Fall |
ACC 3053 | Intermediate Accounting for Finance Majors () 4 | 3 |
FIN 3063 | Computer Modeling of Financial Applications () | 3 |
FIN 3313 | Interest Rates, Money and Banking () | 3 |
FIN 3033 | Principles of Investment () | 3 |
| 3 |
| Credit Hours | 15 |
Spring |
FIN 3023 | Intermediate Corporate Finance () | 3 |
MS 3043 | Business Statistics with Computer Applications II () | 3 |
5 | 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Fourth Year |
Fall |
| 3 |
| 3 |
| 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Spring |
FIN 4893 | Cases and Problems in Finance () | 3 |
MGT 4893 | Management Strategy () | 3 |
| 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
| Total Credit Hours | 120 |
Accelerated Master of Science in Finance Program
The Department of Finance offers an Accelerated Program in Finance tailored for UTSA students demonstrating exceptional motivation and qualifications. Designed to facilitate a seamless transition into a master’s program, as well as to provide an expedited admission process, this program allows participants to initiate their graduate studies as early as the junior year of their undergraduate education.
The benefit of the accelerated program is it allows students to complete some graduate courses while still earning their undergraduate degree. In addition, students have the potential to reduce their time until graduation (e.g., students can start completing their graduate-level coursework during their junior year) and save money (e.g., students are not charged an application fee and potentially could double count one course), and creates an easier transition into graduate school (i.e., a known admission into graduate school while in their undergraduate education and a constant connection with the UTSA faculty and staff).
Program Admission Requirements
Applications to the accelerated program in Finance must meet the following criteria1: 1) a current UTSA student, 2) completion of 60 semester credit hours in the semester of application, 3) a minimum grade point average of 3.0, and 4) earn a B.B.A. degree in Finance. Applicants need to apply online2 for the accelerated program in Finance and will be provided additional information upon receipt of their submission.
This program is tailored to cater to two distinct groups of individuals:
- UTSA students who aspire to pursue a Bachelor of Business Administration (B.B.A.) in Finance and a Master of Science (M.S.) in Finance. After appropriate consultation and approval from the program advisor, these students would be able to replace some of the required M.S. courses with graduate electives. This would remove unnecessary repetition across the courses and allow students to customize the program to better serve their professional needs.
- UTSA students from non-Finance STEM disciplines with a strong foundation in quantitative coursework, including but not limited to fields such as statistics, engineering, and other relevant STEM or business domains (e.g., management science, accounting, cyber-security/information systems, economics).
Degree Requirements
B.B.A. Degree Requirement
Students accepted into the Accelerated Program in Finance are required to complete all the degree requirements associated with their bachelor's degree.
M.S. Degree Requirement
Students accepted into the Accelerated Program in Finance are required to complete the standard degree requirement of the M.S. in Finance as outlined in the Graduate Catalog.
B.B.A./M.S. Classification
Upon acceptance into the Accelerated Program in Finance, students are granted permission to enroll in graduate-level courses while still classified as undergraduates. Upon successful completion of their B.B.A. degree, students will receive a Keep Running with Us (KRWU) application to transition them from undergraduate to graduate student status.
Bachelor of Business Administration Degree in Real Estate Finance and Development
The Bachelor of Business Administration (B.B.A.) degree in Real Estate Finance and Development offers students the opportunity to minor in Finance. The minimum number of semester credit hours for the B.B.A. in Real Estate Finance and Development is 120, 39 of which must be at the upper-division level.
All candidates seeking this degree must fulfill the Core Curriculum requirements, the Common Body of Knowledge requirements, and the degree requirements, which are listed below. All real estate-related courses are listed under the Real Estate (RFD) course description heading.
Core Curriculum Requirements (42 semester credit hours)
Students seeking the B.B.A. degree in Real Estate Finance and Development must fulfill University Core Curriculum requirements in the same manner as other students.
MAT 1053 and MAT 1133 should be used to satisfy the core requirement in Mathematics (020) and the core requirement in the Component Area Option (090). ECO 2023 should be used to satisfy the core requirement in Social and Behavioral Sciences (080).
MAT 1053, MAT 1133, and ECO 2023 may be used to satisfy both Core Curriculum requirements and Common Body of Knowledge (CBK) requirements.
All degrees in the Carlos Alvarez College of Business (ACOB) require 120 hours. If students elect to take a course that satisfies both a Core and ACOB requirement, students may need to take an additional course to meet the 120 hours.
For a complete listing of courses that satisfy the Core Curriculum requirements, see Core Curriculum Component Area Requirements.
Core Curriculum Component Area Requirements
First Year Experience Requirement (3 semester credit hours)
All students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AIS 1203 | Academic Introduction and Strategies (core component area 090) | 3 |
AIS 1213 | AIS: Architecture, Construction, and Planning (core component area 090) | 3 |
AIS 1223 | AIS: Arts and Humanities (core component area 090) | 3 |
AIS 1233 | AIS: Business (core component area 090) | 3 |
AIS 1243 | AIS: Engineering, Mathematics, and Sciences (core component area 090) | 3 |
AIS 1253 | AIS: Interdisciplinary Education (core component area 090) | 3 |
AIS 1263 | AIS: Life and Health Sciences (core component area 090) | 3 |
AIS 1273 | AIS: Social Sciences and Public Policy (core component area 090) | 3 |
Communication (6 semester credit hours)
Students must complete the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
WRC 1013 | Freshman Composition I (TCCN: ENGL 1301) | 3 |
WRC 1023 | Freshman Composition II (TCCN: ENGL 1302) | 3 |
Mathematics (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
CS 1173 | Data Analysis and Visualization | 3 |
MAT 1023 | College Algebra with Applications (TCCN: MATH 1314) | 3 |
MAT 1043 | Quantitative Reasoning (TCCN: MATH 1332) | 3 |
MAT 1053 | Mathematics for Business (TCCN: MATH 1324) | 3 |
MAT 1073 | Algebra for Scientists and Engineers (TCCN: MATH 1314) | 3 |
MAT 1093 | Precalculus (TCCN: MATH 2312) | 3 |
MAT 1133 | Calculus for Business (TCCN: MATH 1325) | 3 |
MAT 1193 | Calculus for the Biosciences (TCCN: MATH 2313) | 3 |
MAT 1213 | Calculus I (TCCN: MATH 2313) | 3 |
STA 1053 | Basic Statistics (TCCN: MATH 1342) | 3 |
Life and Physical Sciences (6 semester credit hours)
Students must complete two of the following courses for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
ANT 2033 | Introduction to Biological Anthropology (TCCN: ANTH 2301) | 3 |
AST 1013 | Introduction to Astronomy (TCCN: ASTR 1303) | 3 |
AST 1033 | Exploration of the Solar System (TCCN: ASTR 1304) | 3 |
BIO 1203 | Biosciences I for Science Majors (TCCN: BIOL 1306) | 3 |
BIO 1223 | Biosciences II for Science Majors (TCCN: BIOL 1307) | 3 |
BIO 1233 | Contemporary Biology I (TCCN: BIOL 1308) | 3 |
BIO 1243 | Contemporary Biology II (TCCN: BIOL 1309) | 3 |
CHE 1083 | Introduction to the Molecular Structure of Matter | 3 |
CHE 1093 | Introduction to Molecular Transformations | 3 |
ES 1113 | Environmental Botany (TCCN: BIOL 1311) | 3 |
ES 1123 | Environmental Zoology (TCCN: BIOL 1313) | 3 |
ES 1213 | Environmental Geology (TCCN: GEOL 1305) | 3 |
ES 2013 | Introduction to Environmental Science I (TCCN: ENVR 1301) | 3 |
ES 2023 | Introduction to Environmental Science II (TCCN: ENVR 1302) | 3 |
GEO 1013 | The Third Planet (TCCN: GEOL 1301) | 3 |
GEO 1033 | Geology of North American National Parks (TCCN: GEOL 1302) | 3 |
GEO 1123 | Life Through Time (TCCN: GEOL 1304) | 3 |
GES 2613 | Intro to Physical Geography (TCCN: GEOG 1301) | 3 |
NDT 2043 | Introduction to Nutritional Sciences | 3 |
PHY 1943 | Physics for Scientists and Engineers I (TCCN: PHYS 2325) | 3 |
PHY 1963 | Physics for Scientists and Engineers II (TCCN: PHYS 2326) | 3 |
Language, Philosophy and Culture (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AAS 2013 | Introduction to African American Studies | 3 |
AAS 2113 | African American Culture, Leadership and Social Issues | 3 |
ANT 2063 | Language, Thought, and Culture | 3 |
ARC 1113 | Introduction to the Built Environment (TCCN: ARCH 1311) | 3 |
ARC 2423 | Global History of Architecture and Urbanism: Renaissance to 19th Century (TCCN: ARCH 1302) | 3 |
CHN 1014 | Elementary Chinese I (TCCN: CHIN 1411) | 4 |
CLA 2013 | Introduction to Ancient Greece | 3 |
CLA 2023 | Introduction to Ancient Rome | 3 |
CLA 2323 | Classical Mythology | 3 |
COM 2313 | Introduction to Media Studies | 3 |
CSH 1103 | Literary Masterpieces of Western Culture I (TCCN: ENGL 2332) | 3 |
CSH 1113 | Literary Masterpieces of Western Culture II (TCCN: ENGL 2333) | 3 |
CSH 1213 | Topics in World Cultures (TCCN: HUMA 2323) | 3 |
CSH 2113 | The Foreign Film | 3 |
ENG 2013 | Introduction to Literature (TCCN: ENGL 2341) | 3 |
ENG 2023 | Literature and Film | 3 |
ENG 2213 | Literary Criticism and Analysis | 3 |
ENG 2383 | Multiethnic Literatures of the United States | 3 |
ENG 2423 | Literature of Texas and the Southwest | 3 |
ENG 2443 | Persuasion and Rhetoric | 3 |
FRN 1014 | Elementary French I (TCCN: FREN 1411) | 4 |
FRN 2333 | French Literature in English Translation | 3 |
GER 1014 | Elementary German I (TCCN: GERM 1411) | 4 |
GER 2333 | German Literature in English Translation | 3 |
GES 1023 | World Regions and Global Change (TCCN: GEOG 1303) | 3 |
GLA 1013 | US in Global Context | 3 |
GRK 1114 | Introductory Classical Greek I | 4 |
HIS 2123 | Introduction to World Civilization to the Fifteenth Century (TCCN: HIST 2321) | 3 |
HIS 2133 | Introduction to World Civilization since the Fifteenth Century (TCCN: HIST 2322) | 3 |
HIS 2533 | Introduction to Latin American Civilization | 3 |
HIS 2543 | Introduction to Islamic Civilization | 3 |
HIS 2553 | Introduction to East Asian Civilization | 3 |
HIS 2573 | Introduction to African Civilization | 3 |
HIS 2583 | Introduction to South Asian Civilization | 3 |
HUM 2093 | World Religions (TCCN: PHIL 1304) | 3 |
ITL 1014 | Elementary Italian I (TCCN: ITAL 1411) | 4 |
ITL 2333 | Italian Literature in English Translation | 3 |
JPN 1014 | Elementary Japanese I (TCCN: JAPN 1411) | 4 |
LAT 1114 | Introductory Latin I (TCCN: LATI 1411) | 4 |
MAS 2013 | Introduction to Chicana/x/o Studies (TCCN: HUMA 1305) | 3 |
PHI 1043 | Critical Thinking (TCCN: PHIL 2303) | 3 |
PHI 2013 | Basic Philosophical Problems (TCCN: PHIL 1301) | 3 |
PHI 2023 | Introduction to Ancient Philosophy (TCCN: PHIL 2316) | 3 |
PHI 2033 | Introduction to Early Modern Philosophy | 3 |
PHI 2093 | Philosophy of The Americas | 3 |
PHI 2123 | Contemporary Moral Issues | 3 |
RUS 1014 | Elementary Russian I (TCCN: RUSS 1411) | 4 |
RUS 2333 | Russian Literature in English Translation | 3 |
SPN 1014 | Elementary Spanish I (TCCN: SPAN 1411) | 4 |
SPN 2333 | Hispanic Literature in English Translation | 3 |
WGSS 2013 | Introduction to Women's Studies | 3 |
WGSS 2023 | Introduction to LGBTQ Studies | 3 |
Creative Arts (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AHC 1113 | Art History: Prehistory-1350 (TCCN: ARTS 1303) | 3 |
AHC 1123 | Art History: 1350-Present (TCCN: ARTS 1304) | 3 |
ARC 1513 | Great Buildings and Cities of the World | 3 |
ARC 2413 | Global History of Architecture and Urbanism: Prehistory to Medieval (TCCN: ARCH 1301) | 3 |
ART 1103 | Introduction to Visual Arts (TCCN: ARTS 1301) | 3 |
ART 1113 | Image Culture | 3 |
BBL 2023 | Latino Cultural Expressions (TCCN: HUMA 1311) | 3 |
CLA 2033 | Introduction to Classical Literature | 3 |
DAN 2003 | Introduction to Dance (TCCN: DANC 2303) | 3 |
HUM 2023 | Introduction to the Humanities I (TCCN: HUMA 1301) | 3 |
HUM 2033 | Introduction to the Humanities II (TCCN: HUMA 1302) | 3 |
HUM 2053 | History of Film (TCCN: HUMA 1315) | 3 |
MAS 2023 | Latina/x/o Cultural Expressions (TCCN: HUMA 1311) | 3 |
MUS 2243 | World Music in Society | 3 |
MUS 2633 | American Roots Music (TCCN: MUSI 1310) | 3 |
MUS 2653 | Music in Culture | 3 |
MUS 2663 | History and Styles of Jazz (TCCN: MUSI 1310) | 3 |
MUS 2673 | History and Styles of Popular Music (TCCN: MUSI 1310) | 3 |
MUS 2683 | History and Styles of Western Art Music (TCCN: MUSI 1306) | 3 |
MUS 2713 | History of Recorded Music | 3 |
MUS 2733 | History of the American Musical Theater | 3 |
MUS 2743 | Music and Film | 3 |
PHI 2073 | Philosophy of Art | 3 |
American History (6 semester credit hours)
Students must complete two of the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
HIS 1043 | United States History: Pre-Columbus to Civil War Era (TCCN: HIST 1301) | 3 |
HIS 1053 | United States History: Civil War Era to Present (TCCN: HIST 1302) | 3 |
HIS 2053 | Texas History (TCCN: HIST 2301) | 3 |
Government-Political Science (6 semester credit hours)
Students must complete two of the following courses, for a total of 6 semester credit hours:
Course List Code | Title | Credit Hours |
POL 1013 | Introduction to American Politics (TCCN: GOVT 2305) | 3 |
| |
POL 1133 | Texas Politics and Society (TCCN: GOVT 2306) | 3 |
POL 1213 | Civil Rights in Texas and America (TCCN: GOVT 2306) | 3 |
Social and Behavioral Sciences (3 semester credit hours)
Students must complete one of the following courses, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
AMS 2043 | Approaches to American Culture | 3 |
ANT 1013 | Introduction to Anthropology (TCCN: ANTH 2346) | 3 |
ANT 2043 | Introduction to Archaeology (TCCN: ANTH 2302) | 3 |
ANT 2053 | Introduction to Cultural Anthropology (TCCN: ANTH 2351) | 3 |
BBL 2003 | Language, Culture, and Society (TCCN: ANTH 2351) | 3 |
BBL 2243 | Bilingual Families, Communities, and Schools: National and Transnational Experiences (TCCN: ANTH 2351) | 3 |
CRJ 1113 | The American Criminal Justice System (TCCN: CRIJ 1301) | 3 |
ECO 2003 | Economic Principles and Issues (TCCN: ECON 1301) | 3 |
ECO 2023 | Introductory Microeconomics (TCCN: ECON 2302) | 3 |
EGR 1343 | The Impact of Modern Technologies on Society | 3 |
ES 1003 | Survey Topics in Environmental Studies | 3 |
GES 1013 | Fundamentals of Geography | 3 |
GES 2623 | Human Geography: People, Place, Culture (TCCN: GEOG 1302) | 3 |
HTH 2413 | Introduction to Community and Public Health | 3 |
HTH 2513 | Personal Health (TCCN: PHED 1304) | 3 |
IDS 2113 | Society and Social Issues | 3 |
KIN 2123 | Exercise as Medicine (TCCN: KINE 1338) | 3 |
NDRB 1033 | Drugs and Society (TCCN: PHED 1346) | 3 |
PSY 1013 | Introduction to Psychology (TCCN: PSYC 2301) | 3 |
REGS 2003 | Intersectional Approaches to Social Justice | 3 |
SOC 1013 | Introduction to Sociology (TCCN: SOCI 1301) | 3 |
SOC 2013 | Social Problems (TCCN: SOCI 1306) | 3 |
SOC 2023 | Social Context of Drug Use (TCCN: SOCI 2340) | 3 |
SWK 1013 | Introduction to Social Work | 3 |
Component Area Option (CAO) (3 semester credit hours)
Students must complete either one of the following courses or any additional Core Curriculum course not previously used to satisfy a core component area requirement, for a total of 3 semester credit hours:
Course List Code | Title | Credit Hours |
COM 2113 | Public Speaking (core component area 091, TCCN: SPCH 1315) | 3 |
EGR 1403 | Technical Communication (core component area 091) | 3 |
ENG 2413 | Technical Writing (core component area 091, TCCN: ENGL 2311) | 3 |
PAD 1113 | Public Administration and Policy in American Society (core component area 097) | 3 |
PHI 2043 | Introductory Logic (core component area 092, TCCN: PHIL 2303) | 3 |
| 3 |
| 6 |
| 3 |
| 6 |
| 3 |
| 3 |
| 6 |
| 6 |
| 3 |
| 3 |
Total Credit Hours | 42 |
Common Body of Knowledge (CBK)
All students seeking a B.B.A. degree in the Carlos Alvarez College of Business must complete the following Common Body of Knowledge (CBK) courses in addition to the Core Curriculum.
Course List Code | Title | Credit Hours |
ACC 2013 | Principles of Accounting I | 3 |
ACC 2033 | Principles of Accounting II | 3 |
ECO 2013 | Introductory Macroeconomics | 3 |
ECO 2023 | Introductory Microeconomics (satisfies Social and Behavioral Sciences Core Curriculum requirement) | 3 |
FIN 3013 | Principles of Business Finance | 3 |
GBA 2013 | Legal, Social and Ethical Issues in Business | 3 |
IS 1403 | Business Information Systems Fluency | 3 |
or IS 1413 | Excel for Business Information Systems |
IS 3003 | Principles of Information Systems for Management | 3 |
MAT 1053 | Mathematics for Business (satisfies Mathematics Core Curriculum requirement; this course is not required for Actuarial Science majors) 1 | 3 |
MAT 1133 | Calculus for Business (satisfies Mathematics or Component Area Option Core Curriculum requirement; Actuarial Science majors must take MAT 1213 in lieu of MAT 1133) | 3 |
MGT 3003 | Business Communication and Professional Development | 3 |
MGT 3013 | Introduction to Organization Theory, Behavior, and Management | 3 |
MGT 4893 | Management Strategy (taken in semester of graduation) | 3 |
MKT 3013 | Principles of Marketing | 3 |
MS 1023 | Business Statistics with Computer Applications I (Actuarial Science majors must take STA 3003 in lieu of MS 1023) | 3 |
MS 3043 | Business Statistics with Computer Applications II (Actuarial Science majors must take STA 3513 in lieu of MS 3043) | 3 |
MS 3053 | Management Science and Operations Technology | 3 |
In addition to the Core Curriculum requirements and requirements from the Carlos Alvarez College of Business Common Body of Knowledge (CBK), all candidates for the degree must complete the following degree requirements.
Gateway Course
Students pursuing the B.B.A. degree in Real Estate Finance and Development, whether they are a declared major or a business studies pathway student, must successfully complete the business math gateway course MAT 1053 (TCCN MATH 1324) or equivalent with a grade of "C-" or better in no more than two attempts. A student who is unable to successfully complete this course within two attempts, including dropping the course with a grade of “W” or by taking an equivalent course at another institution, will be required to change their major outside of business. Upon the second failed attempt students will be changed to undeclared and will not be eligible for any Bachelor of Business Administration (B.B.A) degree or a Bachelor of Arts in Economics degree.
Course List Code | Title | Credit Hours |
MAT 1053 | Mathematics for Business | 3 |
Finance Assessment of Competency Test (FACT)
All Real Estate Finance and Development students must take and pass the Finance Assessment of Competency Test (FACT) prior to registering for FIN 3023 , FIN 3033, FIN 4713, and FIN 4723. For more information, visit the department FACT Exam web page. The FACT test is offered by Testing Services. You must register through myUTSA at least 24 hours in advance to take the FACT. Registration dates are posted on myUTSA every semester. You may take the exams thrice in a single semester.
Degree Requirements
Course List Code | Title | Credit Hours |
| |
| Principles of Real Estate | |
| Mortgage Banking and Real Estate Finance 2 | |
| Principles of Real Estate Investment 2 | |
| Real Estate Law | |
| Principles of Construction for Real Estate Professionals | |
| Principles of Sustainable Real Estate Development | |
| |
| |
| |
| |
| |
Total Credit Hours | 87 |
Course Sequence Guide for B.B.A. Degree in Real Estate Finance and Development
This course sequence guide is designed to assist students in completing their UTSA undergraduate business degree requirements. This is a term-by-term sample course guide. Students must satisfy other requirements in their catalog and meet with their academic advisor for an individualized degree plan. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students should make every attempt to take the courses in the indicated sequence. Students may choose to take courses during Summer terms to reduce course loads during long semesters.
Recommended Four-Year Academic Plan
Plan of Study Grid First Year |
Fall |
AIS 1233 | AIS: Business | 3 |
MAT 1053 | Mathematics for Business () | 3 |
WRC 1013 | Freshman Composition I () | 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Spring |
MAT 1133 | Calculus for Business () 1 | 3 |
WRC 1023 | Freshman Composition II () | 3 |
ECO 2023 | Introductory Microeconomics () 1 | 3 |
IS 1403
| Business Information Systems Fluency ()
or Excel for Business Information Systems | 3 |
ACC 2013 | Principles of Accounting I () | 3 |
| Credit Hours | 15 |
Second Year |
Fall |
ACC 2033 | Principles of Accounting II () | 3 |
ECO 2013 | Introductory Macroeconomics () | 3 |
IS 3003 | Principles of Information Systems for Management () | 3 |
MS 1023 | Business Statistics with Computer Applications I () | 3 |
MGT 3003 | Business Communication and Professional Development | 3 |
| Credit Hours | 15 |
Spring |
FIN 3013 | Principles of Business Finance () | 3 |
MGT 3013 | Introduction to Organization Theory, Behavior, and Management () | 3 |
MKT 3013 | Principles of Marketing () | 3 |
MS 3043 | Business Statistics with Computer Applications II () | 3 |
| 3 |
| Credit Hours | 15 |
Third Year |
Fall |
FIN 3433 | Principles of Real Estate () | 3 |
RFD 3523 | Real Estate Law () | 3 |
GBA 2013 | Legal, Social and Ethical Issues in Business () | 3 |
MS 3053 | Management Science and Operations Technology () | 3 |
| 3 |
| Credit Hours | 15 |
Spring |
FIN 4713 | Mortgage Banking and Real Estate Finance 2 | 3 |
RFD 3533 | Principles of Construction for Real Estate Professionals () | 3 |
| 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Fourth Year |
Fall |
FIN 4723 | Principles of Real Estate Investment 3 | 3 |
| 3 |
| 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
Spring |
MGT 4893 | Management Strategy () | 3 |
RFD 4733 | Principles of Sustainable Real Estate Development () | 3 |
| 3 |
| 3 |
| 3 |
| Credit Hours | 15 |
| Total Credit Hours | 120 |
Minor in Finance
The Minor in Finance is available only to students pursuing a B.B.A. degree. All students pursuing the Minor in Finance must complete 18 semester credit hours of coursework.
Course List Code | Title | Credit Hours |
| Principles of Business Finance | |
| Principles of Investment | |
| Interest Rates, Money and Banking | |
| |
Total Credit Hours | 18 |
To declare a Minor in Finance and obtain advice, students must consult with their academic advisor.