1. Finance Department’s X220 Presentation Professor Craig Holden Chair, Finance Dept. Undergraduate Committee Professor Dan Greiner Coordinator, Integrated Core Finance Department Web Site: www.kelley.iu.edu/finance

2. Careers in Finance Major Areas: Major Areas: 1. Corporate Finance 2. Investments 3. Banking 4. International Specialized Areas: Specialized Areas:  Financial Consulting  Investment Banking  Real Estate

3. Major Areas: (1.) Commercial Banking Credit Credit  analyst  loan officer Branch Manager Branch Manager Relationship Banking Relationship Banking Capital Markets Capital Markets

4. (2.) Corporate Finance Line Position Line Position  plant management/planning Staff Position Staff Position  corporate management/planning Treasury Treasury  risk management  capital acquisition  mergers and acquisitions

5. (3.) Investments Sales Sales Trading Trading Research Research  investment analysis  product development

6. (4.) International Working outside of the U.S. or in the U.S. arm of a multinational corporation Working outside of the U.S. or in the U.S. arm of a multinational corporation International Financial Analysis International Financial Analysis International Investments International Investments International Banking International Banking

7. Specialized Areas: Financial Consulting Providing advising services Providing advising services  business valuation  litigation support  capital acquisition  restructuring Employers Employers  Big-5 accounting firms  Management consulting firms

8. Investment Banking two-year analyst position two-year analyst position very competitive (i.e., it takes a high GPA) very competitive (i.e., it takes a high GPA)

9. Real Estate Real estate development Real estate development Corporate Corporate Sales Sales Financial institutions Financial institutions

10. Placement Information Finance students have approximately 12 interviews each in the BPO Finance students have approximately 12 interviews each in the BPO Although most find jobs through the BPO, a significant number find them through networking. Although most find jobs through the BPO, a significant number find them through networking. 2001 graduates average starting salary = $43,214 Survey suggests it grows at 7%/year  $53,000 after 3 years  $61,000 after 5 years Some very high salaries

11. Required Courses: Required Courses:  F303 Intermediate Investments  F305 Intermediate Corporate Finance  A310 Intermediate Financial Accounting - NEW - NEW  A324 Cost Accounting (1.5 credit hours)  One Accounting Elective (A327, A329, A420, A422, or A437) Four Finance Electives (12.0 credit hours) Four Finance Electives (12.0 credit hours)  With at least 6.0 credit hours at the 400-level Finance Major: Finance Track, Option 1 - NEW

12. Finance Major: Finance Track, Option 2 Required Courses: Required Courses:  F303 Intermediate Investments  F305 Intermediate Corporate Finance  A311 Intermediate Financial Accounting I  A312 Intermediate Financial Accounting II  A324 Cost Accounting (1.5 credit hours)  One Accounting Elective (A327, A329, A420, A422, or A437) Three Finance Electives (9.0 credit hours) Three Finance Electives (9.0 credit hours)  With at least 3.0 credit hours at the 400-level

13. Finance Electives 1. Corporate Finance  F307 - Working Capital Management  F402 - Corporate Financial Strategy  F408 – Real Options and Strategic Capital Investment - NEW 2. Investments  F335 - Security Trading and Market Making  F420 - Fixed Income and Equity Investing  F421 - Derivative Securities and Corporate Risk Management

14. Finance Electives 3. Commercial Banking  G345 - Money, Banking, and Capital Markets  F446 - Banking and Financial Intermediation 4. International  F494 - International Finance 5. Entrepreneurial Elective  F317 – Venture Capital and Entrepreneurial Finance - NEW 6. Real Estate Elective  R305 – Introduction to Real Estate Analysis – NEW 7. Accounting Elective (for Option 1 majors only)  One course from: A329, A422, A437, or (A327 and A420) – NEW

15. Investment Banking Workshop Limited to 25 students admitted as Juniors Limited to 25 students admitted as Juniors  Scholastic achievement  Interest in industry and leadership potential Speaker series Speaker series New York and Chicago trips New York and Chicago trips F428 - Industry background and financial modeling F428 - Industry background and financial modeling F429 - Project/deal development F429 - Project/deal development

16. Real Estate Track Same number of credit hours (24) as Finance Track Same number of credit hours (24) as Finance Track Take A310 Intermediate Financial Accounting Take A310 Intermediate Financial Accounting Take three specialized real estate courses Take three specialized real estate courses  Introduction to Real Estate Analysis (R305)  Real Estate Appraisals (R440)  Real Estate Finance and Investment Analysis (R443)

17. Extracurricular activities Finance Club Finance Club  Investment Banking Group  www.indiana.edu/~finance/ Stock Market Club Stock Market Club  www.indiana.edu/~stock/

18. Panel Members Donna Broadstreet – Indiana University Donna Broadstreet – Indiana University Karen Domer – Andersen Karen Domer – Andersen Angela Grannan – Clifton Gunderson LLP Angela Grannan – Clifton Gunderson LLP Daniel Hintz – Merrill Lynch Daniel Hintz – Merrill Lynch Crystal Taylor – Old National Bank Crystal Taylor – Old National Bank