Nov 25, 2024  
2014-2015 Catalog (never published – original transition from digarc) 
    
2014-2015 Catalog (never published – original transition from digarc) [**** ATTENTION: YOU ARE VIEWING AN ARCHIVED CATALOG ****]

Finance and Credit: Associate of Applied Science (CTE)


Return to {$returnto_text} Return to: Programs Listed Alphabetically

65 credits minimum

Accounting, Economics and Finance Division
Taylorsville Redwood Campus, BB 105
General Information, (801) 957-4073
Information, (801) 957-4325

www.slcc.edu/financeandcredit
Academic Advisor, BB 132A, (801) 957-4323

Program Faculty:
Professors − A. Marlon Andrus, Joseph R. Howell, Jr., K. T. Magnusson
Associate Professors − Dennis Wilson, Dennis R. Watson
Assistant Professors − Rungrudee Suetorsak, Heather Schumacker

Program Description: The need for sound financial investments will grow because monetary transactions are and will continue to be the life-blood of every business and organization. The course work prepares students for various career paths including the financial service industry (banks, savings and loans, credit unions, mortgage and thrift companies), commercial and retail credit analysis, credit granting and collections. In addition, finance and credit majors can apply their skills in other areas such as cash management, insurance, real estate, brokerage and investment activities of financial management. Additionally, training in accounting, computer application, economics, business management and communication skills is emphasized as part of the finance program.

The Finance and Credit Certificate and Associate of Applied Science degree are designed to provide training for employment as financial service representatives, consumer lenders, mortgage loan processors, insurance assistant underwriters, credit clerks and others. Students who are interested in pursuing courses leading to a Bachelor’s degree in Finance should follow courses listed in Business Associate of Science or Business Associate of Arts degrees listed elsewhere in this catalog.

Career Opportunities: Opportunities in the field of finance and credit are broad and diverse. They include, but not limited to: Financial analysis, commercial banking, consumer banking, credit analysis, lending, trust services, mortgage lending, management, securities. Careers include all facets of government (federal, state, local) and private industry.

Transfer/Articulation Information: Transfer Information: This is a 2-year terminal degree. Several courses are transferable to other institutions. Students should check with the receiving institution to determine credit transferability.

Estimated Cost for Students: Varies with course selection and credit hours.

Estimated Time to Completion: If students follow the suggested semester schedule, time to completion is four semesters.

Specialized Accreditation: The Finance and Credit associate degree program is accredited by the Association of Collegiate Business Schools and Programs (ACBSP). This accreditation represents the achievement of meeting the high national standards established for associate degree-granting business programs.

Program Student Learning Outcomes Related College-Wide Student Learning Outcomes
1.1 Prepare personal financial mgmt docs.
1.2 Perform steps of financial planning and investments.
1.3 Identify financial service products and lending criteria.
1.4 Perform steps to evaluate personal and corporate credit financial analysis.
1.5 Perform steps of macro and micro economic analysis.
1 - Substantive Knowledge
2.1 Communicate effectively in writing.
2.2 Communicate effectively while working in groups.
2.3 Communicate effectively numerically.
2 - Communicate Effectively
3.1 Perform appropriate financial calculations.
3.2 Solve problems using the time value of money.
3.3 Perform macro and micro economic calculations.
3 - Develop Quantitative Literacy
4.1 Extract relevant data from complex information, process it, and draw reasonable conclusions. 4 - Think Critically
5.1 Understand the political, historical, social, and economic foundations of the local, national, and global communities.
5.2 Engage in principled and vigorous dialogue.
5 - Civic Engagement and/or Working Professionally

General Education Requirements


Core Skills:


Composition (EN) 3 Credits


Quantitative Studies (QS) 3 Credits


Communication (CM) 3 Credits


Human Relations (HR) 3 Credits


Distribution Areas: (6 Credits)


Choose an additional three to six credits (one to two courses) from two of the following distribution areas.

Biological Science (BS)   3-4
Fine Arts (FA)  3-4
Humanities (HU)  3
Interdisciplinary (ID)  3
Physical Science (PS)  3
Social Science (SS)   3

Sample Schedule


Advising Notes:


General Education and elective courses provide training in effective oral and written communication and human relation skills. BUS 1050  is taught using group and team activities in the learning process to develop the student’s interactive skills and to build human values and ethics.

The classes designed to assist students in reaching the necessary skill level to enter the certificate and degree programs are MATH 0990  (Elementary Algebra) and CIS 1020  (Computer Essentials). Any class in the preparatory skills may be waived if the student can demonstrate equivalent skills. It is the student’s responsibility to examine each course description for details of prerequisite classes. Those prerequisites must be satisfied before the designated class may be taken.

Students who wish to take the CIS 1020  Computer Essentials challenge exam are advised to review the information at http://www.slcc.edu/csis/CIS1020-challenge-exam.aspx. An 80% or higher is required on each section of the test.

Cooperative Education is the College’s strategy for recognizing and rewarding new learning associated with study-related employment in a business, industrial or government work environment. Credit earned from FIN 2000  is applied toward graduation requirements as finance elective credit. Students are eligible for FIN 2000  Co-op after completion of a minimum of 12 credits of Finance courses.

The department strongly recommends that students enhance their employment opportunities through Cooperative Education as soon as skills permit, to complement the certificate or degree. Contact CO-OP Education at (801) 957-4014.

Return to {$returnto_text} Return to: Programs Listed Alphabetically