- Faculty
- Field Description
- The Major in Finance
- The Major in Economics (BBA)
- The Major in Economics (BA)The Majors and Courses
- The Minors and Courses
- Courses
- Department of Economics and Finance Web Site
...
Finance includes the study of money and capital markets, investments, and corporate finance. In addition to these traditional areas, it includes the study of modern developments in derivatives; financial market structure, such as electronic-based trading techniques and markets; and international markets and corporate finance.
Top |
---|
Anchor | |||||
---|---|---|---|---|---|
|
Program Learning Goals
Economics BBA
Consumer and Firm behavior | Students will develop understanding of models of consumer and firm choices and evaluate their role in real-life decisions |
Markets and Competition | Students will be able to differentiate market structures and compare their implications for the determination of market prices |
Growth | Students will be able to discuss and analyze the driving factors behind the long-run growth performance of nations |
Business Cycle and Economic Policy | Students will be able to identify the causes of the short-run fluctuations of the economy and formulate and assess fiscal and monetary policies to mitigate the economic and social cost |
Data and Economic Decisions | Students will be able to analyze data and estimate models to explain economic relationship and to support business decisions |
Finance
The Majors
- The BBA Major in Finance
- The BBA Major in Economics
- The BA Major in Economic
Anchor ecobbafinlearninggoals ecobbafinlearninggoals
Anchor | ||||
---|---|---|---|---|
|
The BBA Major in Finance
The finance major prepares students for professional positions in financial institutions, including commercial, investment, and savings banks; brokerage firms; insurance companies; investment advisory services; and finance companies. Students will also be well prepared to enter the finance departments of nonfinancial corporations, nonprofit institutions, and governmental agencies.
Students who are planning on future graduate study in finance or business are strongly recommended to include advanced courses in mathematics, statistics, and econometrics in their undergraduate programs.
Program Learning Goals
Corporate Finance | Students will develop an | Corporate Finance | Students will develop an understanding of the key concepts of time value of money, corporate finance models for project valuation, and basic capital structure and dividend theory. |
Investments | Students will be able to define and calculate standard risk and return measures, value simple equity and bonds securities, and explain the modern portfolio theory and the capital asset pricing model. | ||
Derivatives | Students will understand the basic applications of derivatives in investments and corporate finance and will be able to discuss the characteristics of derivative products. | ||
Data Analysis | Students will be able to analyze data and estimate models for project valuation to support business decisions |
Anchor
The Majors
...
Required courses for the BBA degree include
Showcourse v | ||||
---|---|---|---|---|
|
Showcourse v | ||||
---|---|---|---|---|
|
Showcourse v | ||||
---|---|---|---|---|
|
The finance major includes three required courses (9 credits) and five electives (15 credits). Liberal arts courses applied in this major will count towards the 54 business credit minimum instead of the 62 liberal arts credit minimum.
Required Courses 9 credits
The three required courses build on the foundations of the introductory finance course. These courses are prerequisites to all 4000-level finance courses. Students must earn a GPA of 2.0 or better in the three required courses to take any of the 4000-level finance courses.
| Corporate Finance | 3 credits | ||
| Investment Analysis | 3 credits | ||
| Statistical Analysis for Economics and Finance | 3 credits |
Elective Courses 15 credits
In addition to the three required courses, a student majoring in finance must take a meaningful combination of five elective finance, economics, or insurance courses at the 3000 level or 4000 level. Of these five courses, at least three of the five must be 4000 level finance courses, and at least one of the 4000 level finance courses must be FIN 4610 or FIN 4710. Students may use one or two courses from the following list as major electives:
| Financial Accounting I | 3 credits | ||
| Financial Accounting II | 3 credits | ||
| Property Investment and Financing | 3 credits | ||
| Real Estate Capital Markets | 3 credits | ||
| Investment Strategies in Property Markets | 3 credits | ||
| Valuations and Underwriting of Securitized Real Estate | 3 credits |
Note: Internship course credits cannot be counted toward credits required for the major.
Top |
---|
Anchor | ||||
---|---|---|---|---|
|
The BBA Major in Economics
A BBA degree with a major in economics prepares students for entry-level positions in business, nonprofit organizations, governmental agencies, and private consulting. This work includes economic analysis, research, and empirical analysis.
Students choosing an economics major are advised that a position as a professional economist usually requires a graduate degree in economics. Students planning to enter a graduate program in economics are strongly recommended to include advanced courses in mathematics, statistics, and econometrics in their undergraduate programs.
Program Learning Goals
Consumer and Firm behavior | Students will develop understanding of models of consumer and firm choices and evaluate their role in real-life decisions |
Markets and Competition | Students will be able to differentiate market structures and compare their implications for the determination of market prices |
Growth | Students will be able to discuss and analyze the driving factors behind the long-run growth performance of nations |
Business Cycle and Economic Policy | Students will be able to identify the causes of the short-run fluctuations of the economy and formulate and assess fiscal and monetary policies to mitigate the economic and social cost |
Data and Economic Decisions | Students will be able to analyze data and estimate models to explain economic relationship and to support business decisions |
...
The BBA Major in Finance
The finance major prepares students for professional positions in financial institutions, including commercial, investment, and savings banks; brokerage firms; insurance companies; investment advisory services; and finance companies. Students will also be well prepared to enter the finance departments of nonfinancial corporations, nonprofit institutions, and governmental agencies.
Students who are planning on future graduate study in finance or business are strongly recommended to include advanced courses in mathematics, statistics, and econometrics in their undergraduate programs.
Required courses for the BBA degree include
Showcourse v | ||||
---|---|---|---|---|
|
Showcourse v | ||||
---|---|---|---|---|
|
Showcourse v | ||||
---|---|---|---|---|
|
The finance major includes three required courses (9 credits) and five electives (15 credits).
Required Courses 9 credits
The three required courses build on the foundations of the introductory finance course. These courses are prerequisites to all 4000-level finance courses. Students must earn a GPA of 2.0 or better in the three required courses to take any of the 4000-level finance courses.
| Corporate Finance | 3 credits | ||
| Investment Analysis | 3 credits | ||
| Statistical Analysis for Economics and Finance | 3 credits |
Elective Courses 15 credits
The finance major includes five elective courses that students take after completing the three required courses with a 2.0 GPA or better. The five electives include five courses in finance, economics, or insurance at the 3000 or 4000 level, subject to these specific requirements:* (updated 7/27/15)
Either FIN 4610 or 4710: These are the capstone courses in the finance major, and both are communication-intensive courses (CIC)
Two additional 4000-level finance (FIN) courses (Note: The choice of FIN 4610 above does not preclude FIN 4710, and vice versa. In other words, students may include both FIN 4610 and FIN 4710 in the finance major if they choose.)
Two additional 3000- or 4000-level courses in finance (FIN), economics (ECO), or insurance (INS)* (updated 7/27/15)
In addition, students may include, at most, two of these courses outside finance:
| Financial Accounting I | 3 credits | ||
| Financial Accounting II | 3 credits | ||
| Property Investment and Financing | 3 credits | ||
| Real Estate Capital Markets | 3 credits | ||
| Investment Strategies in Property Markets | 3 credits | ||
| Valuations and Underwriting of Securitized Real Estate | 3 credits |
An internship training program is available to qualified fulltime juniors and seniors majoring in finance, with 1 credit or 3 credits a semester for 15 to 20 weekly hours of work. These credits cannot be counted toward those needed for the major.
Students must file a Major Declaration Form by the end of their junior year.
Top |
---|
...
The BBA Major in Economics
A BBA degree with a major in economics prepares students for entry-level positions in business, nonprofit organizations, governmental agencies, and private consulting. This work includes economic analysis, research, and empirical analysis.
Students choosing an economics major are advised that a position as a professional economist usually requires a graduate degree in economics. Students planning to enter a graduate program in economics are strongly recommended to include advanced courses in mathematics, statistics, and econometrics in their undergraduate programs.
Required courses for the BBA degree include
Showcourse v | ||||
---|---|---|---|---|
|
Showcourse v | ||||
---|---|---|---|---|
|
The economics major includes three required courses (9 credits) and five electives (15 credits)(9 credits) and five electives (15 credits). Liberal arts courses applied in this major will count towards the 54 business credit minimum instead of the 62 liberal arts credit minimum.
Required Courses 9 credits
...
In addition to the three required courses, an economics major must take a meaningful combination of five economics, finance, or insurance courses at the 3000 level or higher. Of these five courses, at least two must be economics courses at the 4000 level or higher. FIN 3000 may not be included in the economics major. When appropriate, a student may include up to two advanced courses from other disciplines in the five electives.
An internship training program is available to qualified full-time juniors and seniors majoring in economics, with 1 credit or 3 credits a semester for 15 to 20 weekly hours of work. These credits cannot be counted toward those needed for the major.
Students must file a Major Declaration Form by the end of their junior year.
Top |
---|
...
The BA Major in Economics
A BA degree with a major in economics deals with concepts, techniques, and cases in economics that acquaint the student with the general economic problems of modern society. This degree provides students with an excellent general background for a wide range of challenging business careers.
...
, or insurance courses at the 3000 level or higher. Of these five courses, at least two must be economics courses at the 4000 level or higher. FIN 3000 may not be included in the economics major. When appropriate, a student may include up to two advanced courses from other disciplines in the five electives.
Note: Internship course credits cannot be counted toward credits required for the major.
Top |
---|
Anchor | ||||
---|---|---|---|---|
|
The BA Major in Economics
A BA degree with a major in economics deals with concepts, techniques, and cases in economics that acquaint the student with the general economic problems of modern society. This degree provides students with an excellent general background for a wide range of challenging business careers.
There are several prerequisites for the major. The major itself includes three required courses (9 credits) and 15 credits of electives.
Anchor | ||||
---|---|---|---|---|
|
Program Learning Goals
Upon completion of a major in Economics (BA), students will be able:
- To apply economic analysis to evaluate problems they encounter in their daily lives
- To apply economic analysis to evaluate government policies
- To use empirical evidence to make an economic argument
- To collect, analyze, and interpret economic data
- To identify and solve problems
- To develop deeper understanding of economic problems and their potential solutions based on specialized knowledge in specific areas of economics
- To present economic arguments verbally or in written form
Anchor | ||||
---|---|---|---|---|
|
Major Course Requirements
Prerequisites to the Major (18-19 credits) (Not Credited to the Major) | ||||||||||||||||||||||||||||||||||||||
Course | Description | Crs | ||||||||||||||||||||||||||||||||||||
Business Courses (15 credits) | ||||||||||||||||||||||||||||||||||||||
| Introduction to Business | 3 credits | ||||||||||||||||||||||||||||||||||||
or |
|
| ||||||||||||||||||||||||||||||||||||
| Business Fundamentals: The Contemporary Business Landscape | 3 credits | ||||||||||||||||||||||||||||||||||||
| Introduction to Information Systems and Technologies | 3 credits | ||||||||||||||||||||||||||||||||||||
| Micro-Economics | 3 credits | ||||||||||||||||||||||||||||||||||||
| Macro-Economics | 3 credits | ||||||||||||||||||||||||||||||||||||
| Business Statistics I * | 3 credits | ||||||||||||||||||||||||||||||||||||
|
|
| ||||||||||||||||||||||||||||||||||||
Mathematics (3-4 credits) ** | ||||||||||||||||||||||||||||||||||||||
| Precalculus and Elements of Calculus | 3 credits | ||||||||||||||||||||||||||||||||||||
or |
|
| ||||||||||||||||||||||||||||||||||||
| Precalculus | 3 credits | ||||||||||||||||||||||||||||||||||||
or |
|
| ||||||||||||||||||||||||||||||||||||
A more advanced calculus course | 3-4 credits | |||||||||||||||||||||||||||||||||||||
NOTES: *
** Students with credit for | ||||||||||||||||||||||||||||||||||||||
|
|
| ||||||||||||||||||||||||||||||||||||
Required Courses in the Major (9 credits) The three required courses build on the foundations of the introductory micro- and macro-economics courses,
| ||||||||||||||||||||||||||||||||||||||
| Intermediate Micro-Economics | 3 credits | ||||||||||||||||||||||||||||||||||||
| Intermediate Macro-Economics | 3 credits | ||||||||||||||||||||||||||||||||||||
| Statistical Analysis for Economics and Finance | 3 credits | ||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||
Elective Courses (15 credits)
| ||||||||||||||||||||||||||||||||||||||
The elective courses for BA in Economics should be chosen from the list below: | ||||||||||||||||||||||||||||||||||||||
Any 3000 or 4000 level ECO course | 1-3 credits each | |||||||||||||||||||||||||||||||||||||
| Black Economic Development: 1860 to the Present | 3 credits | ||||||||||||||||||||||||||||||||||||
| Urban Economic Structure (
| 3 credits | ||||||||||||||||||||||||||||||||||||
| History of American Business Enterprise | 3 credits | ||||||||||||||||||||||||||||||||||||
| Economic Analysis of Public Policy | 3 credits | ||||||||||||||||||||||||||||||||||||
| Economics of the Public Sector | 3 credits | ||||||||||||||||||||||||||||||||||||
| Ethics, Economics, and the Business System | 3 credits | ||||||||||||||||||||||||||||||||||||
| Political Economy | 3 credits | ||||||||||||||||||||||||||||||||||||
| Government and the American Economy | 3 credits |
...
Any 3000- or 4000-level ECO courses. | ||||
| Corporate Finance | 3 credits | ||
| Investment Analysis | 3 credits | ||
| Real Estate Valuation and Feasibility Study | 3 credits | ||
| Real Estate Capital Markets | 3 credits | ||
| Real Estate Construction Process: Building, Cost, and Management Issues | 3 credits | ||
| Real Estate Development3 credits |
Top |
---|
Anchor | ||||
---|---|---|---|---|
|
...