WHY STUDY FINANCE?
The finance sector is one of the key pillars of the Singapore economy, contributing 13% to the national Gross Domestic Product (GDP) in 2017. Singapore is the region’s leading financial hub and a hotspot for global financial organisations that seek to establish an Asian presence. The finance sector also accounts for 50% of foreign direct investments (FDI) coming into Singapore in 2016. The sector employs close to 200,000 residents, which is a significant part of Singapore’s professional workforce. Going forward, job opportunities in the sector will be expanded by the advances in Financial Technology (FinTech) and Asia’s growth. In the Singapore Government’s latest outlook, the sector is slated to offer 4,000 new jobs per annum in areas such as wealth management, asset management, foreign exchange, and FinTech in the medium term.
For more detailed information on the numbers described above, refer to this PDF file.
UNDERGRADUATE FINANCE MAJOR
At SMU, the undergraduate Finance Major is well-designed to equip you with the relevant industry skills and knowledge so that you will be ready to take on a career in the sector. The Finance Major gives you room to pursue specialised tracks within Finance such as Finance Analytics, Real Estate, Wealth Management, International Trading, and Banking. Students who graduate with a Finance Major will enjoy numerous employment opportunities, whether in the finance sector (which employs the largest number of SMU undergraduates), or in other sectors like business and management consulting, retail trade, etc.
THE REQUIREMENTS OF THE UNDERGRADUATE FINANCE MAJOR
You must take:
- Corporate Finance
- Corporate Reporting & Financial Analysis
- Financial Instruments, Institutions & Markets
- 3 Finance electives
- CFA100 Ethics and Standards Practice for Investment Management (non-credit)
Please see this PDF file for a list of finance courses and their descriptions. Students can refer to course offerings listed in OASIS to see the terms that these electives are offered and the number of sections.
To be eligible to declare a Finance Major, students have to obtain:
- A minimum grade of B- for FNCE 101 Finance or
- A minimum grade of B- for FNCE 102 Financial Instruments, Institutions & Markets
Please note that ONLY LLB students can choose to take FNCE 101 Finance or FNCE 103 Finance for Law. They have to obtain a minimum grade of A- for FNCE 103 Finance for Law.
TRACKS UNDER THE FINANCE MAJOR
All SMU undergraduates who have declared Finance as their first or second major are eligible to do one of the five tracks listed below.
Last updated on 27 Apr 2018 .