Administrative History of Creating Unit
In 1957, the Board of Trustees approved the recommendation of the Dean of the College of Commerce and Business Administration that a Department of Finance be established by the transfer of faculty and courses from the Department of Economics.1 The department as the Bailey Chair of Banking and Finance.2 In addition to a B.S. in Finance, graduate degrees are offered.3 The selection of courses includes business and finance, investments, money, banking, insurance, urban land economics and real estate.4
1. Board of Trustees Transactions, 49th Report, April 18, 1957, p. 365.
3. Board of Trustees Transactions, 49th Report, December 17, 1957, p. 1007.
4. University of Illinois, Undergraduate Study Catalog, 1974-1976, pp. 162-65.