The Department of Finance

Our talented educators and staff aim to prepare students for top jobs in today's technology-intensive business world through our course offerings in finance and business statistics.

The study of finance focuses on the basic principles of the business world in general and addresses the ways in which individuals, business entities and other organizations allot resources over time. An applied branch of economics dealing with the problems of allocating financial resources (with particular attention given to the art of decision-making under conditions of uncertainty), finance is closely allied with the liability side of an organization's balance sheet.

Business statistics is a field of study characterized by the use of mathematical and computer models for decision-making. Using tools and techniques from the fields of management, mathematics, information technology, engineering and psychology, it is applied in virtually all areas of business and government. Business statistics increases the extent to which statistical thinking is embedded in management philosophy. As statistics become more important in a wide variety of today's business decisions (from planning and interpreting market research and economic data to developing work volume forecasts), such knowledge can play a key role in informing, monitoring and helping the decision-making process.