Financial Economics Sequence

Sequence Requirements

The financial economics sequence requires a minimum of 5 courses, consisting of four parts: prerequisite courses in mathematics, statistics, and economics; core finance courses; elective courses; and an oral defense of an independent research project (or senior thesis) that addresses a financial economics topic.

1. Prerequisites

These courses may also be used to meet other major or general education requirements.

2. Core Financial Courses (2 courses)

ECON134 CM - Corporate Finance
And one course selected from:
ECON134B CM - Advanced Corporate Finance
or FIN330 CM - Corporate Financial Management *
ECON136 CM - Derivatives
or FIN420 CM - Asset Pricing and Derivatives *
ECON138 CM - Debt Markets
or FIN425 CM - Fixed Income *
ECON139 CM - Topics in Investments and Valuation
or FIN340 CM - Investments *

Note:

* Undergraduate students may register for the FIN courses listed in any semester when the ECON course is not offered.

3. Electives (3 courses)

At least 3 courses, selected from:

Economics

Mathematics

Drucker School of Management, CGU

MGT 339 CG - Financial Derivatives
MGT 373 CG - Financial Strategy & Policy
MGT 402 CG - Asset Management Practicum
MGT 475 CG - Fixed Income

Notes:

* Undergraduate students may register for the FIN course listed in any semester when the ECON course is not offered.

** Students may take either ECON 129 CM or MATH 188 CM , but not both, to satisfy the elective requirement.

*** These courses may only be used for the elective requirement if they are not used to satisfy the core requirement.

4. Research Project

Students must complete, present, and defend a major research project in the area of financial economics. The project may be the student’s senior thesis, which is also a general education requirement. Students who use the senior thesis for this requirement must register for the one-half credit research seminar course (ECON 180 CM - Seminar in Research Methods ). Students must present and defend their research at the end of the semester in which they complete their research work.

Learning Goals and Student Learning Outcomes for the Economics and Economics-Accounting Program

Learning Goals

The economics curriculum is designed to serve a variety of educational objectives. The basic goals of the undergraduate economics major, economics-accounting major, and the financial economics sequence are to:

Develop an understanding of economic behavior and economic/financial institutions;
Develop specific analytical, quantitative and research skills; and
Develop effective communication skills.

Student Learning Outcomes

The Robert Day School has established the following learning outcomes for the educational objectives:

Students will demonstrate a comprehensive knowledge and understanding of economic theory;
Students will demonstrate comprehensive knowledge and understanding of issues related to quantitative analysis;
Students will demonstrate skillful analytical and communication skills.