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The major in Economics and Finance is designed to give students a solid base in the theoretical, quantitative, and analytical skills necessary to pursue further study and careers in the area of economics and finance. The prerequisites and core courses required by the major provide a strong grounding in those subjects that form the cornerstones for more advanced study and work. Through appropriate choices of major electives, students can further develop their expertise in finance and economics. In addition, following the University’s liberal arts tradition, the major includes a course on the history of economic thought. This course allows students to understand and appreciate the continuous development of ideas that shape economic opinions and policy in our dynamic, evolving world.
“A study of the history of opinion is a necessary preliminary to the emancipation of the mind.” John Maynard Keynes, English economist and financier, 1883-1946.
Requirements for the degree
A. The Proficiency Requirements of the University in English, Mathematics, and Foreign Language.
B. The General Distribution Requirements of the University in English, Mathematics, Science, Social Sciences, Humanities and Fine Arts.
C. Additional Requirements (Prerequisites) for the Economics and Finance Major:
1. CS 110 Microcomputer Applications
2. MA 197 Pre-Calculus
3. MA 198 Calculus 1
4. MA 208 Statistics 1
5. FIN 201 Financial Accounting
6. FIN 202 Managerial Accounting
7. EC 201 Principles of Microeconomics
8. EC 202 Principles of Macroeconomics
1. EC 301 Intermediate Microeconomics
2. EC 302 Intermediate Macroeconomics
3. MA 209 Statistics 2
4. EC 360 Econometrics
5. FIN 301 Finance
6. EC 307 Industrial Organization
7. EC 316 International Economics
8. EC 350 History of Economic Thought
9. EC 371 Money, Banking and Capital Markets
10. EC 480 Senior Seminar
Five courses at the 200 level or higher from EC, FIN, BUS, MKT, MGT, LAW, MA, PL, PS, of which three must be at the 300 level or higher. Students should consult with their advisor regarding the major electives most appropriate for their interests and future career or academic plans.
Major Electives for students preparing for the Level I exam for the Chartered Financial Analyst® (CFA®) designation awarded by the CFA Institute
FIN 312 Investment Analysis, FIN 320 International Finance, FIN 331 Portfolio Management and an Independent Study, FIN 381, in Fixed Income Analysis are recommended for all students wishing to pursue this professional charter. Please see the CFA Institute’s web site for further information on the CFA program: www.cfainstitute.org.
A limited number of scholarships are available for the Level I exam for qualified degree-seeking and visiting students; interested students should contact the Department Chair.
Major Electives for Graduate School Track
MA 299 Calculus II and independent studies in each of Linear Algebra and Real Analysis, MA 381, are recommended for all students wishing to pursue graduate studies in economics or finance.
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