Business Administration
(Financial Economics) Requirements

Financial Economics Course Descriptions

ECON 230, PRINCIPLES OF MICROECONOMICS, 3 credits.
This course is an introduction to the content and methods of economic theory, emphasizing the study of individual markets, the price system, production and cost theory, and market structures. Prerequisite: MATH 101.

 

ECON 240, PRINCIPLES OF MACROECONOMICS, 3 credits
This is the second part of the principles course and deals with the economy as a whole. It introduces National Income accounting, national output determination, inflation, unemployment, business cycles, economic policy formulation, and some issues affecting the U.S. economy and its interrelation with other economies. Prerequisites: Pre-calculus mathematics.

 

ECON 330, MANAGERIAL ECONOMICS, 4 credits
This course is concerned with MICROECONOMICS and attempts to bridge the gap between economic theory and practice. It draws heavily from various disciplines, including mathematics, statistics, operations management, micro and macro theory, decision theory, and other social science areas. It integrates concepts and methods from all these areas to bear on managerial problems. Students will learn how to use a statistical computer program to carry out data management and analysis in the context of practical business problems. Prerequisites: ECON 230, MATH 110, and BAD 260.

 

ECON 340, MACROECONOMIC ANALYSIS, 4 credits
This course presents a more detailed analysis of relevant macroeconomic theories and issues. It acquaints students with problems, models, and policies related to the overall performance of the economy. It uses case studies and data to bring a higher level of realism to the topics covered in class. It provides students with a better understanding of how macroeconomic models are formulated and the effect of macroeconomic issues on their everyday life, as well as on the performance of business firms and public institutions. Prerequisites: ECON 240 and BAD 200.

 

ECON 350, INTERNATIONAL ECONOMICS, 4 credits
This course is aimed at acquainting students with international economic issues and the analytical tools needed to begin to understand international trade and global monetary arrangements. It can be divided into two main sections. The first one deals with international trade and trade policy, and the second one considers balance of payment and exchange rate issues. Prerequisites: ECON 230 and ECON 240.

 

ECON 370, INTRODUCTION TO ECONOMETRICS, 4 credits
This course deals with the application of statistical methods to economics. It teaches students how to estimate economic relationships, forecast the behavior of economic variables, and carry out hypothesis testing. It is designed to prepare students for further studies and to familiarize them with the basic methodology of empirical research. Students are given hands-on experience on computers and are expected to gain proficiency in the use of specific statistical software. Prerequisites: ECON 230, ECON 240, BAD 200 and BAD 260.

 

ECON 400, TOPICS IN ECONOMICS, 1-4 credits
This course allows students to focus on a particular topic in economics on an independent study basis, and permits the instructor to introduce unconventional topics and emerging issues in economics that cannot be adequately treated in regular courses. Course may be repeated for up to a maximum of 8 credits. Prerequisite: ECON 330 or 340.

 

ECON 450, ECONOMICS OF DEVELOPMENT, 4 credits
This course overviews the performance, history, and main characteristics of less developed economies in Asia, Africa, and Latin America. It explores the meaning of development and the leading approaches to the study of economic development. Particular issues to be addressed include poverty, economic growth, income distribution, population growth, urbanization and rural migration, agricultural modernization, industrialization, trade patterns, and economic dependency. Prerequisites: ECON 230 and ECON 240.

 

FIN 320, BUSINESS FINANCE, [3 credits].
This course reviews the economic foundations of finance, including the time value of money and applications to annuities and the valuation of fixed-income and equity securities. Students are introduced to short-term and long-term techniques of financial management. The course concludes by examining financing policy, capital budgeting techniques, and issues in international financial management. Prerequisites: ACC 240, BAD 260, and ECON 230.

 

FIN 310, FINANCIAL STATEMENT ANALYSIS [4 credits]
This course introduces students to the techniques of analyzing financial statements from the point of view of creditors and investors. It is required of students concentrating in finance and strongly recommended to business students who have interest in taking the chartered financial analyst (CFA) examinations. Prerequisite: ACC 240.

 

 FIN 330, CORPORATE FINANCIAL MANAGEMENT [4 credits]
This course is an advanced treatment and extension of the materials covered in FIN 320. The course combines lectures and short case studies to help students advance their analytical and decision-making skills in financial management. Prerequisite: FIN 320.

 

FIN 370, INVESTMENTS: ANALYSIS AND MANAGEMENT [4 credits]
This course is an in-depth study and application of the techniques of investment analysis and portfolio management. Students study the instruments and strategies of investing in a global economy. Prerequisite: FIN 320.

 

FIN 350, FINANCIAL MARKETS [4 credits] This course examines the role of financial assets and their markets in the global economy. Prerequisites: ECON 230, ECON 240, and FIN 320. FIN 370, INVESTMENTS: ANALYSIS AND MANAGEMENT.

 

FIN 410, INTERNATIONAL FINANCIAL MANAGEMENT [4 credits]
This course examines the methods used by multinational corporations to manage exposures to accounting, economic, political, and sovereign risks. Topics covered in FIN 320 are reexamined from this perspective. Prerequisite: FIN 320.

 

FIN 420, FINANCIAL INSTITUTIONS MANAGEMENT [4 credits]
This course begins with an overview of the financial services industry. It will examine risk management techniques and how managers use these techniques in their day-to -day management of bank assets and liabilities. Prerequisites: FIN 320.

Major Requirements

Financial Economics Concentration (24 credits):

Course Number

Course Name

ECON 330

Managerial Economics

ECON 340

Macroeconomic Analysis

FIN 330

Corporate Financial Management

FIN 370

Investments: Analysis and Mgt.

Plus two from any emphasis:

Economic Emphasis

Course Number

Course Name

ECON 350

International Economics

ECON 370

Introduction to Econometrics

ECON 400

Topics in Economics

ECON 450

Economics of Development

MGT 350

International Business

Finance Emphasis

Course Number

Course Name

FIN 310 or ACC 310

Financial Stat. Analysis

FIN 350

Financial Markets

FIN 410

Intl. Financial Management

FIN 420

Financial Inst. Management

MGT 350

International Business

Major Requirements (40 Credits):

Course Number

Course Name

ACC 230

Principles of Accounting I

ACC 240

Principles of Accounting II

BAD 110 or CSCI 100

Business Information Systems or Introduction to Computing

CSCI 100

Introduction to Computing

BAD 220

Legal and Ethical Environment of Business

BAD 250

Business Communications

BAD 320

Marketing

BAD 399

Internship Seminar

BAD 490

Business Policy

ECON 230

Principles of Microeconomics

ECON 240

Principles of Macroeconomics

FIN 320

Business Finance

MGT 280

Management Principles and Practice

MGT 330

Production Operations Management

General Electives (5 credits)

Required Cognates (8 Credits):

Choose One

Course Number

Course Name

BAD 260

Applied Statistics

SSCI 280

Methods & Statistics for Social Research

NSCI 360

Statistics

Choose One

Course Number

Course Name

BAD 200

Applied Calculus for Business and Economics or

MATH 120

Calculus I

Major Map