Create your future @ NCC

Insurance & Financial Services Program

Create your future in Finance @ NCC

A new Associates in Science in Insurance and Financial Services is now offered in addition to the Finance and Banking Option.

Here is where the new Finance Program can take you:

  • Corporate finance
  • Banking
  • Insurance
  • Securities and investments

Create a career in:

  • banking
  • insurance sales and underwriting
  • corporate finance
  • brokerage
  • foreign trade
  • lending credit management
  • personal finance
  • investments
  • portfolio management.

Program Description

The Insurance and Financial Services curriculum covers the areas of corporate finance, banking, insurance, and investments. It is designed to provide an integrated view of theoretical and practical aspects of these fields for those preparing for or currently pursuing careers in such disciplines as banking, insurance sales and underwriting, corporate finance, brokerage, foreign trade, lending credit management, insurance, personal finance, investments, and portfolio management. Students also take foundational courses in related business disciplines. Completion of the program leads to the Associate in Science degree.

Program Outcomes

Upon successful completion of all program requirements, graduates will be able to:

  • 1. Understand the goals and objectives of insurance and financial services management.
  • 2. Possess a firm understanding of the critical impact of the finance and risk management functions on all aspects of the performance of the organization.
  • 3. Demonstrate mastery of market dynamics of the securities business and how macroeconomics affect those markets and the valuation process.
  • 4. Have a strong understanding of banking and fiscal systems and the regulatory environment which affects and is affected by monetary or world events.
  • 5. Understand fundamental and necessary financial concepts such as time value of money, cost of capital, and risk as they relate to long term investment evaluation or risk management.
  • 6. Be equipped to apply basic analytical techniques for financial problem solving and decision-making.
  • 7. Appreciate (a) the purpose of ratio analysis of financial data in assessing business performance, (b) the importance and techniques of financial forecasting, and (c) the effects of management’s use of leverage on the firm’s results.
  • 8. Learn the function of working capital policy and how it is formulated for efficient allocation of business resources in the short term.
  • 9. Study the attributes of the major, long term investment financing vehicles such as equities, debt, and lease financing and the processes used to access them in the capital markets, and dividend policy with shareholder value maximization considerations.
  • 10. Evaluate strategies for external growth through mergers and the ever-increasing importance of worldwide forces that impact the financial manager and decision-making.
  • 11. Demonstrate a basic understanding of life, health, property, and casualty insurance in business and personal financial planning.
  • 12. Use technology to access, use and present credible information from various sources such as financial statements, annual reports, publications and Internet sites.
  • 13. Use critical thinking and quantitative skills to diagnose and solve business problems.
  • 14. Identify legal, ethical and financial consequences of decisions to an organization.
  • 15. Organize ideas and communicate using proper business writing techniques as well as verbal presentation skills, in a manner that can be easily understood in the business environment.Understand and value the differences in people in order to interact with culturally diverse individuals in a team setting domestically and globally.

For additional information, visit the Business Department offices, located on the west campus, room W207.