Economics and Finance

Economics & Finance - Majors

The fundamental economic issue is how society decides to allocate its resources: how the costs and benefits of a course of action can be evaluated and compared, and how appropriate choices can be made. A degree in economics gives training in decision making principles, providing skills applicable in a very wide range of careers. First, you will have the quantitative skills that are important in many business and government positions. Second, you will acquire the writing skills necessary in almost all lines of work. Third, and perhaps most importantly, you will develop the thinking skills that almost all employers agree are critical to success.

Requirements for major in Economics

Course Credit

EC 340- Economics of the Firm
3
EC 341- Intermediate Macroeconomic Theory
3
EC 428- History of Economic Thought
3
FI 391- Money and Banking
3
EC 425 - Contemporary Economic and Finance Problems
3
QM 295 - Quantitative Methods in Business and Economics
3
Economics or Quantitative Methods Electives
6

Total
24

Major in Finance: Option I - Professional Finance

Finance is a very professionally oriented major designed to prepare you for a career in financial management, which is the art and science of managing money: the way people, institutions, markets, and countries generate and transfer wealth. It's a good major and potentially a very lucrative one because small businesses, monolithic corporations, charities, and governments all need effective financial management.

If you major in Finance, you will study things like commercial and investment banking, forecasting and budgeting, and asset and liability management. You will learn about money, stocks and bonds, and how markets function. You will learn how to determine what fraction of a firm's assets (or your own assets) to put into different kinds of investment vehicles in order to obtain the highest return for a justifiable level of risk. When you graduate, all those baffling indexes at the back of the Wall Street Journal will make sense to you.

Requirements for major in Finance: Option I - Professional Finance

Course Credit

FI 340- Economics of the Firm
3
FI 391- Money and Banking
3
FI 394- Intermediate Financial Management
3
FI 492- Investments
3
FI 495- Security Analysis and Portfolio Theory
3
FI 498- Cases in Finance
3
Accounting Elective (300/400 level)
3
Finance or Quantitative Methods Elective
3

Total
24

Major in Finance: Option II - Banking and Financial Services

The banking major focuses on financial markets and institutions. Students study developments in the financial sector and cover basic tenets of management of financial institutions while also receiving a sound grounding in accounting and economics. It provides a working knowledge of the U.S. banking and financial system with a broad perspective of the environment of business. It will develop sufficient understanding of relevant issues in the financial sector to ensure graduates are able to make productive contributions early in their employment.

Requirements for major in Finance: Option II - Banking and Financial Services

Course Credit

AC 390 - Accounting Information Systems
3
AC 391 - Intermediate Accounting I
3
FI 391- Money and Banking
3
FI 394- Intermediate Financial Management
3
FI 423- Financial Institutions Management
3
FI 492- Investments
3
FI 498- Cases in Finance
3

One Elective from among:

3
AC 392 Intermediate Accounting II
AC 471 Cost Accounting
AC 472 Tax Accounting
AC 473 Auditing
AC 496 Information Systems Auditing
AC 497 Fraud Examination

Two Electives from among:

6
AC 392 Intermediate Accounting II
AC 471 Cost Accounting
AC 472 Tax Accounting
AC 473 Auditing
AC 496 Information Systems Auditing
AC 497 Fraud Examination
FI 430 Real Estate Appraisal
FI 440 Real Estate Finance
FI 445 Real Estate Investments
FI 470 TVA Investment Challenge
FI 480 Finance Internship
FI 486 Risk Management
FI 499 Independent Study-Practicum

Total
30