The W. A. Franke College of Business2019-2020


Investments, Undergraduate Certificate

This undergraduate certificate serves students who have completed the prerequisites that make up the Business Profession Program Milestone. Time, patience, discipline, and money are often cited as the prerequisites for thriving in the world of investments. But students who wish better preparation can enhance their acumen with five courses designed to develop an understanding of financial theory, while getting real-world practice through our Student Managed Investment Fund and Certified Financial Analyst (CFA) Global Investment Research Challenge.


What Can I Do with a Certificate in Investments?

This certificate will provide you with a foundation in financial theory, however you also will have the opportunity to participate in the Student Managed Investment Fund. In this two-course sequence, students are responsible for making the buy, sell, and portfolio construction decisions for a portfolio in excess of $1 million. This is not a 'paper' portfolio, but rather an actual account the students manage on behalf of the NAU Foundation.

You may also participate in the CFA Global Investment Research Challenge, a global competition that provides you the opportunity to write a research report on a local company, and present your findings to senior investment professionals. You will compete against student teams from across the southwest, with the hope of winning and being able to compete at the global level. Throughout the certificate program, the emphasis is on the direct, real-world application of the curriculum. These real-world investment experiences will help to build your résumé and prepare you as you move forward in an investment career.

University Requirements

  • To receive an undergraduate certificate (at least 15 units) at Northern Arizona University, you must complete a planned group of courses from one or more subject matter areas with a cumulative grade point average of at least 2.0.

    Please be aware that federal financial aid is not available for some certificates, if the certificate is pursued and completed as a stand-alone certificate (i.e., not completed concurrently with a degree program). See the "Details" tab for additional information.


In addition to University Requirements:

  • Complete individual plan requirements.

Please note that students may be able to use some courses to meet more than one requirement. Contact your advisor for details.

Minimum Units for Completion 15
Major GPA 2.0
Highest Mathematics Required MAT 119
Additional Admission Requirements Required


Additional Admission Requirements
  • Admission requirements over and above admission to NAU are required.
  • The W.A. Franke College of Business (FCB) offers more than a dozen undergraduate certificates, some of which are open to all Northern Arizona University students.

    For a list of certificates open to non-business majors, contact the Office of Academic Services in the FCB. 

    The FCB does not accept upper-division transfer credits from programs not accredited by the AACSB (such as the University of Phoenix or the Bachelor of Business Administration program at NAU).

    You must complete 6 units of certificate coursework that are not used in your major, minor, or other certificates, and you must complete at least 60% of certificate coursework at Northern Arizona University.

Certificate Requirements
  • Take the following 15 units with a minimum GPA of 2.0:

    Select two courses from the following (6 units):This certificate is available only for those students with the Business Professional Program Milestone.

  • You must have completed all of the coursework used to fulfill these requirements within the last 10 years.

  • This certificate may only be pursued and completed concurrently with a degree program.  This certificate is not available as a stand-alone certificate.

  • Be aware that some courses may have prerequisites that you must also take. For prerequisite information click on the course or see your advisor.

Campus Availability

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