Concentration in Financial Economics and Econometrics

The Economics department also offers a Concentration in Financial Economics and Econometrics.  This selective program fills a need for additional training in applied quantitative economic reasoning.  The coursework for the Concentration will provide a fast-paced and rigorous training in financial economics that will prepare students for careers in investment management, banking, research, and policy making.

Admission to the Concentration will be selective, and Economics and International Economics majors in the College of Arts and Letters may apply.

Important Dates

  • Application Deadline:  No later than February 15 of student’s sophomore year   
  • Admission decisions: By March 15
  • Application

Admissions Determining Factors

  • Overall GPA
  • Performance in prior economics courses
  • Mathematical background
  • Completion of Intermediate Microeconomic Theory by the end of sophomore year

Additional Requirements

  • Fulfill the core requirements of the Economics or International Economics majors
  • Additional requirement of the five classes-three core classes and two electives. (These classes would jointly satisfy the electives requirements within the Economics or International Economics majors)

Required Core Classes

  • Financial Economics (ECON 40354) (offered in the Fall only)
  • Asset Pricing (ECON 40356) (offered in the Spring only)
  • Financial Econometrics (ECON 40357) (offered in the Fall only)*

* Because Financial Economics is a prerequisite for Financial Econometrics, students in the concentration wishing to study abroad must go in the Spring of Junior year only.

Upper Level Electives

All students are required to take two electives relating to finance.  These courses will satisfy this requirement.  The list of qualified courses will vary from semester to semester.  You can check with an economics advisor or the Director of Undergraduate Studies to determine if a particular course can be accepted.

  • International Money (ECON 40720)
  • Monetary Policy and Financial Markets (ECON 40365)
  • Monetary Theory and Policy (ECON 40364)      
  • International Macroeconomics  (ECON 40025)
  • International Trade (ECON 40710)                
  • Introduction to Financial Mathematics (MATH 30610)
  • Mathematical Methods in Financial Economics (MATH 40570/FIN 40820)
  • Statistical Methods in Financial Risk Management (ACMS 40890)

Enriching Experience

The Concentration also requires students to enroll in an enriching experience course which will include presentations by outside researchers and practitioners. These events will complement the coursework by offering insights into the world of finance and of policymaking, and will be natural opportunities for networking and for career advancement.

Please contact the Economics Department Director of Undergraduate Studies with any questions.