General Application Questions

Everything factors in—do not take any of the application requirements lightly. The admissions committee looks at the BYU GPA, prerequisite GPA, academic record, résumé, and essay when considering students for admission. Apart from academics and experience, the committee will consider your involvement in Finance Society, case competitions, net treks, and other achievements. For more information on application requirements, click here

Video: What is the most important part of the application?

Applicants who apply early may have the opportunity to be accepted into the program before the July decision. These accepted applicants are called “high hurdlers” and will be accepted on June 6th. No applicants are rejected from the program until final decisions are made in mid-July.

The Finance Program admits students every summer. The application opens on March 1st and will close at 4:30 pm on the last business day of June.

Finance Program

The first semester of the finance core must be completed before students can complete any electives.

No. BYU Marriott does not allow double-majors within school; double-majors outside BYU Marriott are not encouraged, but will be evaluated on an individual basis.

Yes, we recommend taking ACC 200 before FIN 201. It is not a pre-requisite to FIN 201, but it is required before applying to the Finance Program.

Accounting traditionally constructs and audits financial statements, recording and validating the financial history of the firm. Accounting primarily deals with financial accounting, managerial accounting, and tax accounting. Finance encompasses corporate finance, financial institutions, and investments. Corporate finance is similar to managerial accounting, but is more progressive, using the statements prepared by accountants to make investment and financing decisions to increase firm value. Financial institutions involve investment banking and real estate, and financial investments cover asset management and portfolio management.

Video: What is the difference between finance and accounting?

Here are some basic things you can study/practice to best prepare yourself for entry into the finance core.

  • Study basic statistics: mean, variance, standard deviation, correlation, covariance, univariate regression, and probability distributions.
  • Read the WSJ regularly and pay special attention to any macro-economic indicators you come across.  Consider using the FRED website (link) to explore the indicators in more depth.
  • Get as proficient at Excel as you can.  Some excellent resources available include DIY tutorials on YouTube and Kahn Academy.

Prerequisites

As many as 230 are admitted each year.

Look on your BYU transcript. If it shows the AP credit as being equivalent to a BYU course, it is equivalent to that course. Otherwise, it is not considered equivalent for the year in question.

Sometimes (for transfer or AP credits) courses differentiate between macro- and micro-economics; ECON 110 covers both. Simply enter the applicable grade for the appropriate course (leaving the other one blank if not applicable) and it will be weighted accordingly on your application.

It is highly recommended that students take their prerequisite courses on campus. However, if there are extenuating circumstances, students can take prerequisite courses via Independent Study.  These courses will not be discounted on the application.

The prerequisite GPA we calculate for admission purposes will reflect the higher of the two grades and then reduce that by a third of a letter grade. For example if you got an A- and a B, it will appear as a B+ when we review your application.

The prerequisite classes to apply to the program are ECON 110, ACC 200, and FIN 201. To view class flow charts on prerequisites and recommended courses, click here.

The Admissions Committee considers the letter grades earned in all prerequisite classes as a part of the admissions decision-making process.

Transfer Students

For more information on transfer courses, click here

The grade will be discounted by a third of a grade. For example if you got an A- at another university, it will appear as a B+ when we review your application.

For more information on transfer courses, click here.

First obtain an official transcript from your transfer school and see that it is sent to the BYU Registrar. Once this transcript has been received, it should show up on your BYU transcript. Make sure the transfer courses show as being equivalent to the appropriate BYU courses. Once it is listed as equivalent on your transcript or progress report, you may then list it on your application.

A policy petition form is used to determine transfer equivalencies not listed online or those within BYU. This form will be used only if the transfer course is not listed online or on your transcript. A progress report discrepancy form is used to reconcile anything missing from the progress report; use this when something is listed online but not on your transcript. To access these and other forms, click on the Forms option in your student tools.

Deferring Admission

If for any reason (mission, study abroad, internship, etc.) you must interrupt your continuous registration, you MUST complete a deferment request to be reviewed by the director of BYU Marriott undergraduate programs. No deferments, except for the purpose of a mission or active-duty military service, will be allowed for the student’s first semester in the program or between the consecutive fall and winter semesters of the junior core.

You may begin the program during the next fall semester. You must contact the finance program office in 610 TNRB before you may register for the appropriate classes and start the program.

Finmajor@byu.edu

Internships and Careers

Corporate finance students are trained to work in large corporations, such as Dell, Microsoft, or General Electric. Students focusing on institutions typically work in investment banks on Wall Street and elsewhere, such as a company like Goldman Sachs. Other paths such as real estate, pension funds, and insurance funds are also available. Investment students learn to manage portfolios of assets in mutual funds with firms like Fidelity. To see the program’s latest placement profile, click here.

Financial salesperson, real estate agent, and entrepreneurial finance.

Very, very important. A great internship is critical for a subsequent great job placement.

Participation in BYU Marriott student organizations is a must for students who want to increase their knowledge and network outside the classroom. Finance Society is the flagship student-led organization for students interested in finance-oriented careers. Students should actively participate in at least one of the clubs as these organizations are essential in preparing students for internships and jobs. 

BYU Marriott teaches a pre-PhD course for students interested in pursuing a PhD in finance. Students interested in pursuing a PhD in finance need to develop strong quantitative skills and a solid understanding of economics. We recommend students desiring a finance PhD to double major in economics and math and take the pre-PhD course as an elective. If you are interested in pursuing a PhD we recommend that you contact one of the pre-PhD faculty advisors: Brian Boyer, Jim Brau, or Karl Diether.

Other Questions

First contact the BYU Marriott Undergraduate Advisement Center in 460 TNRB to map out your graduation, verify prerequisite requirements, and ask general questions about the finance program. If you have further questions, contact the finance programs office at 610 TNRB or finmajor@byu.edu.

Contact the BYU Marriott Business Career Center at 446 TNRB or (801) 422-5800.

BYU Marriott laptop requirements can be found here.