USC Marshall School of Business Finance and Business Economics Department

1. USC Marshall School of Business Finance and Business Economics Department • Undergraduate • Concentrations July 06, 2006 Finance and Business Economics (FBE) Department Hoffman Hall 701 - (213) 740-6515 http://www.marshall.usc.edu/FBE E-mail: fbe@usc.edu

2. Finance & Business Economics:Prepare to: pursue an interesting career, make $, love your job…what more could you want? • “If something's worth doing… • …it's worth doing for money.” • Gordon Gekko from the film Wall Street • FBE offers a range of upper-level elective courses preparing Marshall undergraduates for a variety of careers. • The FBE Department offers the following 8 concentrations: • Business Economics • Corporate Finance • Financial Analysis & Valuation (new) • General Financial Management • Investments & Financial Markets • Real Estate Finance • Real Estate & Construction Management • Real Estate Development RESULT: preparation for a career in finance, banking, economics, strategic planning, real estate or law.

3. 1) Business EconomicsMakes sense in this economy. • Endless • Career • Opportunities • - Consulting • - Research • Alternative to • traditional • Finance • - Analytical • - Challenging • A growing number of leading consulting firms & companies are looking to hire graduates with business economics education & training. • Flexible, allows for a wide selection of both Business Economics & Corporate Finance electives. • Preparation for a wide range of opportunities. RESULT: preparation for a career in management or litigative consulting, government or industry research, and preparation for law or advanced business degrees.

4. 1) Business EconomicsMakes sense in this economy. • Career • Opportunities • - Consulting • - Research • Course Topics: • - Applied Economics • - Financial Analysis & Valuation • -Policy Analysis • -Law Career Ambition: - Management consulting - Litigation & Economic consulting - Strategy Consulting & Valuation Analysis - Professional/Analytical Role within Government - Advanced Study in Law, Business, Economics Sample Firms Hiring: Boutique Consulting - Bain & Co. - Cornerstone Research Big 4 Consulting: - E&Y, PWC, Deloitte, KPMG

5. 2) Corporate FinanceYou mean business. • One of our • most popular • Concentrations • - Flexible • - Challenging • - Quantitative • - Analytical • Prepares you • for various • positions in • consulting • and corporate • finance. • You want a focused corporate finance concentration and the opportunity to work for a major corporation, consulting firm or investment bank. • No required courses – you choose 4 “electives” • Flexible, allows for a wide selection of focused Corporate Finance electives • Preparation for a wide range of opportunities. • Types of jobs: Project analysis, financial planning and treasury functions, strategic planning, investment banking. RESULT: You know you like corporate finance and you want focused preparation.

6. 2) Corporate FinanceYou mean business. • Career • Opportunities: • - Corporation • - Consulting • - Investment bank • Course Topics: • - Applied Finance • - Portfolio Management • - Financial Analysis & Valuation • - Corporate Governance • - Accounting & Law • Career Ambition: • Financial Advisory • Consulting • Corporate Treasury or Financial Analyst • Sample Firms Hiring: • - Commercial & Investment Banking, Consulting • Wall Street Firms • Goldman Sachs, Morgan Stanley, CSFB, UBS, CIBC, Jefferies & Co., Merrill Lynch, BofA Securities, Deutsche Bank, Prudential; Roth Capital, Harvey & Co., RSMEquico, Wedbush Morgan Securities, Houlihan, Lokey Howard & Zukin, Blackstone Group • - Publicly & Private Companies • Boeing, Ratheon, Mattel, Disney, Sony, Fox • Countrywide, Kaiser Permanente, P&G

7. 3) Financial Analysis & ValuationYou want rigorous preparation in finance & accounting. • Our newest • Concentration • - Challenging • - Quantitative • - Analytical • Developed to • provide skills • & knowledge • for the • competitive • global financial • marketplace • You want a focused finance & accounting concentration and the opportunity to work in a global financial institution such as a investment management firm, or commercial and investment banks. • This is a new concentration developed by FBE, the Leventhal School of Accounting and the Center for Investment Studies. • Academically Rigorous, provides comprehensive preparation in Corporate Finance & Financial Analysis electives. • Firms hiring on campus have indicated a preference for students with finance and accounting knowledge. • Types of jobs: equity research, sales & trading, portfolio management, commercial and investment banking. RESULT: You are seeking rigorous preparation in both corporate finance & accounting.

8. 3) Financial Analysis & ValuationYou want rigorous preparation in finance & accounting. • Career • Opportunities: • - Commercial & Investment banks • Investment Management • Course Topics: • - Financial • accounting • - Financial • analysis & • valuation, • - Credit analysis • - Financial • instruments & • markets • Career Ambition: • Financial Advisory - Equity Research • Private Equity - Portfolio management • Sample Firms Hiring: • - Commercial, Consulting, Wall Street Firms • Blackstone Group, BofA Securities, CIBC, CSFB, Deutsche Bank, Goldman Sachs, Harvey & Co., Houlihan, Jefferies & Co., Lokey Howard & Zukin, Merrill Lynch, Morgan Stanley, Prudential; Roth Capital, RSMEquico, UBS, Wedbush Morgan Securities • - Investment Management Firms • Brandes Investment Partners, The Capital Group, Engemann Asset Management, Nicholas Applegate, Oaktree Capital management, PIMCO, TCW • Money Management Consulting Firms • Cambridge, Frank Russell, Mercer, Wilshire Associates • -Hedge Funds • Broidy Capital Management, Dorchester Capital Partners

9. 4) General Financial ManagementYou seek flexibility. • Generalist • Preparation • - General • Management • - Banking • - Finance • - Consulting • - Investment • Advisory • - Law • - MBA • This concentration offers students the widest range of course offerings. • Choose Required and Elective courses from 16 different course offerings. • Flexible, allows for a wide selection of both Business Economics & Corporate Finance electives. • Best option for students who wish to explore a wide range of financial activities prior to making career decisions. RESULT: Generalist preparation for various careers and for law or advanced business degrees.

10. 4) General Financial ManagementYou seek flexibility. • Generalist • Preparation • - General • Management • - Banking • - Finance • - Consulting • - Investment • Advisory • - Law • - MBA Career Ambition: Similar to Corporate Finance Sample Firms Hiring: Similar to Corporate Finance

11. 5) Investments & Financial MarketsIt’s all about the financial markets. • Careers in the • Financial • Markets • - Investment • Advisory • - Asset • Management • - Trading • - Investment • Banking • - Portfolio • Management • - Debt & Equity • Research • Students pursuing this option are ideally prepared for financial advisory, trading and investment banking careers. • You will be exposed to investment and portfolio management and theories. • You will gain analytical insight and knowledge about a wide range of financial instruments. • Flexible, allows for wide selection of courses - Great concentration for students interested in the financial markets. RESULT: Specific preparation for careers in the financial markets and investment advisory services.

12. 5) Investments & Financial MarketsIt’s all about the financial markets. • Career • Opportunities: • - Financial Services • Course Topics: • - Investment Analysis • - Financial Products • - Financial Analysis & Valuation • - Portfolio Management • - Technical Analysis Career Ambition: - Financial Advisory - Portfolio management - Securities trading - Institutional/retail sales (stock broker) - Private Client Services - Financial Planning/Wealth Management Sample Firms Hiring: Various Wall Street firms - Investment Banks & Brokerage - Hedge Funds - Money Management Firms: PIMCO, TCW, Wilshire Associates, The Capital Group - Debt & Equity Research

13. 6) Real Estate FinanceIt’s all about the real estate markets. • Financial • Aspects of • Real Estate & • Investments • - Real Estate • Banking • - Commercial • Finance • - Investment • - Development • The study of real estate involves the application of business decision-making tools in the real estate industry. • Emphasis is placed on economics and financial analysis of issues in real estate markets including those related to investment and development. • Learn about securitizations of real estate debt and equity and how to apply decision-making strategies to real estate investment. • Flexible, allows for wide selection of courses - Great concentration for students interested in both real estate and the financial markets. RESULT: Specific preparation for careers in real estate finance, investment and development.

14. 6) Real Estate FinanceIt’s all about the real estate markets. • Career • Opportunities: • - Real Estate Financial Services • Course Topics: • - Analysis of real estate markets • - Real Estate development • - Real Estate Investment • - Securitizations • - Financial Analysis & Valuation Career Ambition: - Consulting (Real Estate) - Commercial & Investment Banking - Commercial Real Estate Brokerage Sample Firms Hiring: Big 4 Consulting: - E&Y, PWC, Deloitte, KPMG Various Wall Street firms - Investment Banks & Brokerage

15. 7) Real Estate & Construction MgmtYou want to get out there and kick the dirt. • Real Estate • & Construction • Management • - Architecture • - Civil • Engineering • - Project • Management • - Consulting • - Homebuilders • - Commercial • Real Estate • - Strategy & • Development • You are interested in construction, project management and all aspects of the real estate development process. • Coursework includes upper division courses in construction engineering and management from the Civil Engineering Department. • Comprehensive (6 courses in total) • Opportunity to participate in a real-world feasibility study sponsored by an industry client. • Great concentration for students interested in real estate, entrepreneurship and construction. RESULT: Specific preparation for careers in real estate development and construction management.

16. 7) Real Estate & Construction MgmtYou want to get out there and kick the dirt. • Course Topics: • - Joint Program FBE/CE • - Construction & Project Mgmt. • - Entrepreneurial Studies Career Ambition: - Construction Firm - Family Business

17. 8) Real Estate DevelopmentYou want to plan and develop real estate. • Real Estate • Development • - Urban Planning • - Civil • Engineering • - Project • Management • - Consulting • - Homebuilders • - Commercial • Real Estate • - Strategy & • Development • You are interested in working at the nexus of real estate, architecture and urban planning. • Coursework includes upper division courses in the Schools of Policy Planning and Development and Architecture. • Comprehensive (5 courses in total) • Great concentration for students interested in real estate, entrepreneurship, architecture, urban planning and development. RESULT: Specific preparation for careers in real estate planning and development.

18. 8) Real Estate DevelopmentYou want to plan and develop real estate. • Course Topics: • Joint Program: • FBE/PPD/ARCH • - Urban Planning, Project Mgmt. Career Ambition: - Commercial Real Estate Brokerage - Real Estate Development & Planning

19. Good reasons to choose FBE: - Top-ranked faculty Variety of topics Interesting courses - Fun & Lucrative Careers - Challenging Excellent student organizations Networking & career preparation Why Finance & Business Economics?

20. Boiling it all down:Tips for deciding your FBE concentration • Remember: • Be informed. • Do what • you love. • Think about what you enjoy and what challenges and motivates you. • Do your research and talk to: • Professors • Fellow students • Academic advisor • Career center • Identify courses that you would enjoy. • Identify a career that you would enjoy. We look forward to having you in our FBE courses!

21. USC Marshall School of Business Finance and Business Economics Department • Please • contact us! • -Finance • -Business • Economics • -Real Estate • -General • Information • For Q&A or more information: Finance and Business Economics Concentrations Julia Plotts (213) 821-6798 Plotts@marshall.usc.edu Lloyd Levitin (213) 740-6524 Levitin@marshall.usc.edu Real Estate Concentrations Bob Bridges (213) 740-6557 RBridges@marshall.usc.edu Tracey Seslan (213) 740-5796 Tracey.Seslen@marshall.usc.edu General FBE Q&A Helen Pitts (213)740-6554HPitts@marshall.usc.edu