The Financial Economics major concentrates on the integration of the primary components of modern financial analysis, including economic theory, financial theory, and mathematic analysis. It prepares students for graduate work in finance, or admission to top M.B.A. programs.
This program differs from traditional undergraduate finance majors offered in colleges of business in that it includes significantly more economic theory and mathematics to better prepare students for success beyond entry-level positions in the various fields of finance and in graduate school. Students completing the major will be prepared for both future employment and graduate study in this field.
Courses focus on the three major areas of financial economics, including financial markets and institutions, investment, and corporate finance. Analysis of financial statements, financial structure of a firm, capital budgeting and structure, asset valuation, investment instruments, portfolio management, hedging, insurance, risk management, exchange rates, money supply and demand, monetary policy, interest rates, financial markets and regulation, and the operation of financial institutions.
The Bachelor of Arts degree in Financial Economics is part of the University Recognition Program of the CFA Institute, and students are encouraged to take the Chartered Financial Analyst (CFA) exam at the last year of their study.
The Financial Economics major is associated with the Department of Economics and Business. A major requires 17 courses, including courses in accounting and mathematics. A five-course Financial Economics emphasis program also is available. Additional course information is available in the W&J College Catalog.