Financial Administration

Career Objectives

Achieving better ways of investing money and make it more productive.

Professional Profile

A professional who relies on knowledge and abilities to manage the money of an individual, enterprise or State; he operates through *financial and *accounting systems at national and international levels; He respects the law, regulations and procedures that govern terms of trade; and makes decisions of *investment and *financing.

Specific tasks or activities carried out in the profession.

He designs and operates policies and procedures of the *financial management of the organizations.

He makes decisions regarding the capital intended to the enterprise functioning, ensuring that each of its divisions has the necessary economic means to allow it to work properly.

He analyzes *financing alternatives to a business project, considering conditions and opportunity in which capital is obtained.

He manages the processes intended to obtain such *funds.

He identifies the business opportunities with a strategic focus.

He evaluates the risk of different *investment alternatives and proposes optimal ones, sustained in the rigorous analysis of the *financial markets behavior and also the information of the enterprise functioning.

He analyzes if a project is *feasible or not, or if it will be profitable, and for that he must contemplate:

Budgets Elaboration:

Cash Flow.- in other words, how much will be the cost of the investment, how will be the *return on investment through profitability (Month-to-month or year-to-year control).

Fixed Assets (How much is the investment)

How much is the financing or work capital cost (how much it cost to run the company).

Which will be the dividend policy? (How profits will be distributed, how much of the profits are going to be invested and how much is going to be consumed)

How much will be the investment in *inventories

How much in account receivable

How much will be managed in money available

How much will be managed in liability (Own debts).

He makes efficient use of technologies and *information systems, to prepare and analyze financial projections.

In the public sector, he develops himself as an economic promoter; he formulates investment projects with extensive social impact, he analyzes projects from a financial and social perspective.

 Occupational Field

Private companies of the productive, business or service sector

Public institutions


Insurance companies

*Stock Exchange

Investment and pension funds managers

Companies with risk rating agency

International financial organizations



Financial Consulting

Estimated time of College years:

4 years

Main courses considered in the syllabus:

• Basic Training Courses.

Mathematics (4 semesters)

Professional Domain

*Administration (2 semesters)

*Financial Mathematics


*Accounting (2 semesters)



Statistics (2 semesters)


*Corporate Finance (2 semesters)

*Public Finance

Financial Operations

*Cost Accounting

International Trade


*Financial Institutions (2 semesters)

*Financial Risk *Management

Business Strategies

*Operations Research

*Project Evaluation and Development

International Finance

Negotiation Skills

Administrative Information Systems

Computational Tools for Financial Registration and Analysis

*Database (IT)


*Banking, Public Finance.

Vocations, Skills and Interests required in the candidate to this career 


Motivation for the economic development

With tendency to quantify facts

Taste for facing situations with strategy

Interest in numbers

Analytic and deductive mentality

Exhaustive and meticulous work

He often thinks of how to make and increase his incomes, more motivation than necessity.

Interest in evaluating situations and making decisions

Curiosity in observing business opportunities where others haven’t foreseen them yet

Fun for bargaining while purchasing

Motivation for predicting if a business project will be successful or not

Interest in proposing marketing initiatives

Motivation for Sales


Math and numerical skill

Synthesis capacity to diagnose and solve problems

Analytical Ability

Ability to express verbally

Vision and commercial creativity

Ability to negotiate

Easiness in relating and communicating with people


Good level of Numerical Reasoning

Ability to cope with new situations and make contributions opportunely

Management ability


For undertaking new ways of organizing *resources to create wealth and having achievements in the economic and social aspect with strategy

Or any specific dream or longing which feels involved or oriented towards this direction.

Candidate Personality

Entrepreneurial Spirit

Dynamic and Competitive

Practical and Concrete

Organized and Well-planned in his endeavor

Versatility in team work


Ability to undertake new situations and assume risks

Ability to make decisions


With sense of opportunity

With the personality to direct and ability to control

Executive capacity, in other words, ability to concretize or carry out tasks, proceedings or agreements

Work Scope


Office environment, with high level of management

Competitive and pressure environment

A lot of social contact

 Related Careers

Economy, Actuarial Science, Accounting and Auditing, Business Administration

*Glossary of Terms

*Shares: Documents which represent the company value. The number of shares belonging to a partner indicates his economic involvement and his corresponding membership in that society, owner of that company.

*Administration: Direct, govern, conduct, determine the direction, the policies to pursue, lead an enterprise.

The course studies the organizational behavior and the cost-benefit relations.

*Financial Management: Collection and determination of the cash flow (inflows or outflows of money) required by the company, in addition to the distribution and management of those funds in order to maximize the economical value of the company.

*Auditing: Examination of the financial, administrative and other operations of an enterprise through the rigorous examination of their books, invoices and records along with their corresponding receipts. This task is carried out by specialists outside the company, in order to assess their situation.

*Banking: They are institutions (such as banks, saving banks and *credit cooperatives or *stock market) where companies and the public sector in need of *financing are usually in search of *resources, and those who are willing to provide their resources.

*Database: Set of programs which manage a stock of data which are organized such a way that it is easy to access, store and update them (These programs act as a librarian who manage a stock of books).

*Bond: Document in which stipulates the value to be paid by the issuer of such document, at the due date. It bears interests which are paid in the way defined in this contract.

*Stock Exchange: Approved establishment where stockbrokers assemble in order to effect buying and selling transactions of *shares, *bonds and other investment instruments, at its clients’ expense.

*Marketing: Discipline which studies the needs, desires and behavior of the consumers to determine the production accordingly.

*Accounting: Adopted order to keep accounts in an appropriate way.

*Cost Accounting: Registration of organizations expenses, identifying the type of existing cost within an enterprise whether from production, damaged equipment, etc, applying different systems for their calculation and making it useful in the decision-making.

*Credit: Loan.

*Economy: Science which subject of study is the social organization of the economical activity, in which tries to quantify the main existing connections between the multiple variables of an economic model through statistical and mathematical techniques.

*Project Evaluation: Useful concepts and methods in decision making linked to the economical aspects of a project.

Such as: Alternatives analysis of the development of the project, *Finance, Devaluation (lowering of the value or price of a device), Taxes, among other factors.

*Financing: Obtaining the required funds to carry out the desired project.

*Feasible: That it has possibilities to be carried out.

*Corporate Finance: Finances of an institution or company.

*Public Finance: Financial operations made by the State for the acquisition of financial resources (through taxes, for instance), the administration of such resources and their use in programs of public spending.

*Funds: Money available.

*Foundations: These are constituted organizations by the will of their creators, who contribute their goods or wealth, without the purpose of making profit, for the realization of general interest purposes of the population.

*Management: Do research and procedures to carry a project forward.

*Inventories: Goods of an entity which are intended for sale or the production to their later sale.

*Financial Institutions: they correspond to banks, saving banks, *credit cooperatives or *stock exchanges.

*Investment: Employ capital in productive business.

*Operations Research: Course which concentrates practical applications of decision making in organizations.

*Macroeconomics: It has to do with a country’s production and wealth-consuming and the problems related to employment level.

*Financial Mathematics: Study of the methods based on arithmetic, algebra and statistics for the collection of information and resolutions of financial problems in the company.

*Financial Market: *Stock Market: They are institutions (such as banks, saving banks and *credit cooperatives or *stock market) where companies and the public sector in need of *financing are usually in search of *resources, and those who are willing to provide their resources.

*Microeconomics: Economic analysis concerning the individual behavior of consumers, traders, producers, enterprises or industries, etc.

*Resource: to what can be resorted to support to our purposes.

*Return on Investment: Return on investment is the time an investment will take to recover through the profitability this one produces.

*Financial Risk: The possibility that financial losses occur due to variations in market factors.

*Accounting System: System which enables the record and systematic monitoring of all the operations, in terms of money, which are done in the company.

*Information System: Information processing inside the company, such as accounting, costs, inventories processes, etc.