Financial Economics and Econometrics Concentration

Within the economics and international economics majors, the department offers a Concentration in Financial Economics and Econometrics (CFEE). This selective program focuses on applied quantitative economic reasoning and prepares you for a career in investment management, banking, research, policymaking, and more.

Admissions information

Admission to the concentration is selective. Both economics and international economics majors may apply. Students in the Mendoza College of Business cannot enroll in the concentration.  

Important dates

  • There will be an information session early in the fall semester.
  • Applications are accepted between September 21 and October 21 for the 2026-2027 academic calendar year.  Apply here.
  • Admission decisions are released by October 31st.

Requirements for admission

  • Applicants must have a major in economics or international economics.
  • Applicants must complete statistics by the end of the semester in which they are applying.

Factors determining admission

  • Overall GPA
  • Performance in prior economics courses
  • Mathematical background

Concentration requirements

To earn a degree in economics with a concentration in finance and financial econometrics, students must:

  • Complete the six core courses for economics majors
  • Complete the concentration’s three required courses
  • Enroll in the CFEE Enriching Experience for three semesters
  • Take two approved electives related to the concentration’s focus

Requirements differ for international economics students. Please see our FAQ page for details.

Required courses

There are three required courses for all CFEE students:

  • Financial Economics (ECON 40354, fall semester only)
  • Asset Pricing Theory (ECON 40356, spring semester only)
  • Financial Econometrics (ECON 40357, fall semester only)

In addition, you must enroll in the Financial Economics Enriching Experience (ECON 40355) in three out of four semesters of your junior and senior years. This one-credit course brings external researchers and practitioners from the finance industry to campus and features group presentations. This course offers insights into the world of finance and policy and presents networking and career advancement opportunities.

Electives

As an economics student, you must take at least two electives related to finance (CFEL attribute) and one writing-intensive course (ECWI attribute). A writing-intensive CFEL course may be used to satisfy both the CFEL and ECWI requirements. A sample list of courses with the CFEL attribute is below. The list varies from semester to semester. Please see ND Class Search for current offerings. You may request to meet with an advisor to determine if a particular course is acceptable. For the elective requirements for CFEE students studying international economics, writing a senior thesis, or pursuing the honors track, please visit our FAQ page.

  • International Finance
  • Money, Banking, & Mortgage Markets
  • International Macroeconomics
  • Monetary Theory & Policy
  • History of Central Banking
  • Forecasting for Economics & Business
  • Macroeconomic Expectations
Caroline Palmer DeLuca

“Economic theory is the cornerstone of understanding what value truly means to a consumer, a business, or an industry. The concepts I learned as an economics major provided me with a strong foundation of knowledge that I was able to build upon professionally.”

— Caroline Palmer DeLuca, Deals - Valuation Manager, PWC
2018 Economics Graduate with Concentration in Financial Economics and Econometrics

Questions?

Contact an advisor for more information.