DeVry University, while no longer offering finance programs, previously had a finance concentration within its business administration degree programs. This concentration aimed to equip students with a foundational understanding of financial principles, theories, and practices applicable to various sectors of the economy. The specific curriculum, though historic, shed light on the skills DeVry sought to impart to aspiring finance professionals.
Typically, a DeVry finance concentration would delve into core areas such as financial accounting, corporate finance, investments, and financial markets. Financial accounting courses focused on understanding and interpreting financial statements, enabling students to analyze a company’s financial performance and position. Corporate finance courses explored capital budgeting techniques, working capital management, and strategies for raising capital, preparing students for roles involving financial planning and decision-making within organizations.
The investment aspect of the concentration typically covered topics like portfolio management, security analysis, and valuation. Students would learn how to analyze stocks, bonds, and other investment instruments, as well as develop strategies for constructing and managing diversified investment portfolios. Courses on financial markets provided an overview of the structure and function of various financial markets, including the stock market, bond market, and derivatives markets. Understanding these market dynamics was crucial for making informed investment decisions and assessing financial risks.
Beyond the core finance courses, the DeVry curriculum likely incorporated general business courses, such as economics, marketing, and management. This broader business education aimed to provide students with a holistic understanding of the business environment and how finance interacts with other functional areas. Moreover, the curriculum likely emphasized quantitative skills, requiring students to develop proficiency in statistical analysis, financial modeling, and data interpretation. These skills were essential for analyzing financial data, making informed forecasts, and supporting financial decisions.
While DeVry no longer offers these specific programs, the skill set they aimed to cultivate remains relevant in the modern finance landscape. Graduates with a finance background could potentially pursue careers in areas such as financial analysis, investment management, corporate finance, banking, and financial planning. The specific roles and responsibilities would vary depending on the individual’s interests, skills, and experience. For example, a financial analyst might be responsible for analyzing financial data, preparing financial reports, and making recommendations to management. An investment manager might be responsible for managing investment portfolios on behalf of individuals or institutions. A corporate finance professional might be involved in financial planning, capital budgeting, and raising capital for a company.
It’s important to note that the specific curriculum and career outcomes associated with the former DeVry finance concentration would have been dependent on various factors, including the specific program, the quality of instruction, and the student’s individual effort. Furthermore, the job market has evolved since DeVry offered these programs, and current finance professionals need to stay updated with the latest industry trends and technologies.