Pre-college research & planning

Planning four years at the Lacy School of Business

A working knowledge base for the Butler University Finance major — built to answer the questions every student should ask before they register: which classes, which professors, and which experiential programs actually move the needle?

122
Total credit hours
3 yrs
Major completable in
100%
Lacy class with ≥1 internship
$3M
Student-managed fund (SMIF)

The program

A structured Finance major with serious experiential muscle

Butler's Finance major is more pre-defined than most. The Lacy School's Business Core is shared by every business major — about 80% of coursework — which means the real strategic decisions happen elsewhere.

Business Core
22 courses · ~80% of major

Required of all Lacy majors. Includes FN 340 Corporate Finance, MS 365 Business Analytics, accounting, micro/macro, statistics, ethics, law. The leverage here is choosing the best professor for each.

Finance-specific
2 required + 9 elective hrs

FN 347 Investments and FN 451 International Financial Management are the two required Finance courses. Nine credit hours of FN electives are chosen — this is where specialization happens.

Experiential
Where placement comes from

Two required internships, plus opportunities to compete for SMIF, BBCG, the captive insurance company, the CFA Research Challenge, and FMA leadership. These matter more than any single class.

Business Core (sample)
  • FN 340 Corporate Finance · 3 cr
  • MS 365 Business Analytics · 3 cr
  • AC 203 / 204 Accounting I & II · 6 cr
  • EC 231 / 232 Micro & Macro · 6 cr
  • MS 264 Statistics · 3 cr
  • EI 201 Real Business Experience · 3 cr
  • MG 490 Strategy Capstone · 3 cr
  • …and 15 others. See full list in planner →
Finance Required & Electives
  • FN 347 Investments — Dolvin P5
  • FN 451 International Financial Management — Foltice / Stephen P4
  • 9 elective hours from:
  • FN 357 Behavioral Finance — Foltice
  • FN 371 Financial Institutions, Instruments & Markets
  • FN 450 Derivatives Securities & Risk Management
  • FN 352 Real Estate Principles
  • SMIF Student-Managed Investment Fund — Dolvin
  • Topics rotate. Verify current catalog.
University Core (Gen-Eds)
  • FYS 101/102 First-Year Seminar (or HN 110/111 if Honors)
  • GHS Global & Historical Studies (×2)
  • PCA Perspective in Creative Arts
  • NW Natural World (with lab)
  • TI Texts & Ideas
  • PWB Physical Well Being
  • + 18 hrs of free / LAS electives (room for a minor)

How to prioritize

Five tiers, in priority order

Not every class deserves the same attention. Here's the working framework for picking professors, choosing electives, and deciding when a B+ is worth a top-tier teacher.

  1. Tier 1 · Must

    Top professor for core finance

    FN 340 (Corporate Finance) and FN 347 (Investments) are foundational. Take them with the best-reviewed professor available, even if it means waiting a semester.

  2. Tier 2 · High

    Experiential programs aggressively

    SMIF, BBCG, CFA Research Challenge, FMA leadership. These are the resume-differentiators and the source of mentor relationships.

  3. Tier 3 · Targeted

    Specialize via electives

    After sophomore year, pick FN electives that align with the emerging career direction (IB → Derivatives + Financial Institutions; AM → SMIF + Derivatives; etc.).

  4. Tier 4 · GPA

    Optimize gen-eds for fit

    University-core requirements don't matter for finance placement. Take with highly-rated professors in subjects he genuinely enjoys. Protect the Honors 3.5 floor here.

  5. Tier 5 · Defend

    Avoid bad professors

    The cost of a bad professor in a major class compounds: weaker learning, weaker rec letters, less engaged with the subject. RMP + Coursicle + Reddit at every registration.

Who matters

Faculty worth planning around

Seven people drive most of the Finance experience. These four come up most often in student reviews and program leadership.

Dr. Steven Dolvin, CFA

Professor of Finance · Ratliff Endowed Chair

Priority 5

Teaches: FN 347 Investments · Student-Managed Investment Fund

Co-author of Fundamentals of Investments (McGraw-Hill, the textbook used in his class). Whiteboard-based lectures, generous extra credit, and lecture videos posted online. Students consistently say they learn more in his class than any other at Butler.

Plan the schedule around him for Investments and SMIF.

Dr. Thomas Hanson

Associate Professor of Finance

Priority 5

Teaches: FN 340 Corporate Finance · Investments · Valuation

RMP 4.0/5, 100% would take again. Reviewers cite great analogies, hard-but-fair homework, and genuine care for students. Faculty advisor to the Financial Management Association (a "Superior Chapter" nationally). Strong fit for quant-curious students.

Best target for FN 340 and an obvious mentor candidate.

Dr. Bryan Foltice

Associate Professor of Finance

Priority 4

Teaches: FN 451 International Financial Management · FN 357 Behavioral Finance · Investments

RMP 4.7/5, 80% retake rate. Ph.D. from University of Muenster, magna cum laude. Former Fidelity and Deutsche Bank; former pro basketball player in Germany. Reviewers describe his classes as practical and approachable without sacrificing depth.

Top pick for FN 451 and Behavioral Finance.

Dr. Matthew Lanham

Assistant Professor, Business Tech & Analytics

Priority 5

Teaches: MS 365 Business Analytics

Poets&Quants Top 50 Undergraduate Business Professors 2025 and the inaugural INFORMS Data Mining Society Teaching Award winner. Joined Butler in 2025 from Purdue's Daniels School, where he led the MS Business Analytics program to ~100% placement.

Time the semester to land in his MS 365 section.

Three more in the Finance department — Dr. Stephen (Department Chair), Dr. Marshall (dual Ph.D. in Finance and Mathematics), and Dr. Templeton (Emeritus) — are detailed in the planner's faculty tab.

Experiential programs

The programs that drive placement

At most schools, internship outcomes correlate with experiential programs more than with any specific class. Butler runs four that are unusually strong.

Student-Managed Investment Fund (SMIF)

P5

Undergraduates manage roughly $3M of real endowment money across sector teams in the S&P 500 universe — rare at undergraduate scale. A separate private equity fund manages another $2.5M. Run by Dr. Dolvin.

Apply as a rising junior. Alumni placements: JP Morgan, Google, Bristol Myers, Indiana PERF.

Butler Business Consulting Group (BBCG)

P5

A paid student analyst program working real consulting engagements — 94+ clients across 40 industries (Roche, Eli Lilly, Hitachi, Eskenazi Health). Generated $10M+ in revenue, $7M of which has funded Lacy programs.

Apply sophomore year. Alumni: Google, Deloitte, EY, Lilly, Roche.

Real Business Experience (EI 201)

P5

Required sophomore class where teams of six (cross-major, randomly assigned to CEO/CFO/CMO roles) take a $1,000 seed loan and design, launch, and operate a real business for one semester.

Won the USASBE Model Re-Emerging Program Award.

Davey Risk Management & Insurance

P3

Includes the MJ Student-Run Insurance Company, Ltd. — the nation's first student-run captive insurance company. Two mandatory internships built into the major. Top-10 nationally per Business Insurance magazine.

Worth exploring as a second major if risk/insurance interests emerge.

Plus the CFA Research Challenge, Financial Management Association (a national "Superior Chapter"), Bulldog Reports, and the two required internships (LSB 401/402). All detailed in the planner →.

Honors Program

Worth pursuing for "maximize learning"

Butler's Honors Program is explicitly designed to work with any major. Requirements: maintain a 3.5 cumulative GPA, complete four HN courses (one 200-level, one 300-level) at B or higher, attend eight Community Events, and complete an Honors Thesis.

The thesis in particular is the resume gold — it forces a deep faculty relationship that becomes the source of both grad-school recommendation letters and summer research opportunities.

⚠️ The 3.5 GPA floor creates tension with taking the hardest finance professors. Worth talking through up front.

Double majors & minors

~80% overlap unlocks options

  • Accounting — most common pairing. Powerful for IB / PE analyst roles. Pairs with Butler's MS Accounting for the 150-hr CPA path.
  • Economics — lighter overlap-wise. Strong for grad school or quant research.
  • Business Tech & Analytics — increasingly important; benefits from Lanham's presence.
  • Risk Management & Insurance (Davey) — niche, lucrative, top-10 nationally.
  • Outside Lacy: Data Science minor (highest-ROI add for quant / fintech), CS minor, Stats minor, Math minor.

Open questions

Questions to resolve before committing

These need a direct answer from Butler advising, current students, or career services. Track progress in the planner's Open Questions tab.

  1. Current FN elective offerings & rotation schedule (Fall 2026 / Spring 2027).
  2. Sample 4-year schedule fitting Honors + Finance + one minor — feasible without summers?
  3. CFA Institute University Affiliation status & available scholarships.
  4. Endowed chairs in Finance beyond Ratliff (Dolvin).
  5. Finance-specific placement breakdown (IB / asset mgmt / corp / insurance).
  6. SMIF: exact application timing & selection criteria.
  7. BBCG application window & typical admit GPA.
  8. Best semester for study abroad without disrupting SMIF or recruiting.
  9. RMP / Reddit / Coursicle deep-dive on Stephen and Marshall.
  10. Honors thesis advisors active in Finance & their topic areas.
  11. Whether Dr. Templeton is currently teaching, and what.
  12. CFA Research Challenge: how to join & who coaches.
  13. Lanham's MS 365 schedule for Fall 2026 / Spring 2027.
  14. Finance + Accounting double in 4 years without summer + Honors — realistic?
  15. Butler alumni in target career paths who'd take a meeting.

Ready to start planning?

The planner has every course, every professor, an 8-semester drag-and-drop grid, a decision matrix for head-to-head comparisons, and your open-questions tracker. Saves locally in your browser.

Open the planner →