Concentration in Financial Economics and Econometrics

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. The concentration coursework prepares you for a career in investment management, banking, research, policymaking, and more.

Admission to the concentration is selective.  Both economics and international economics majors may apply.

Important dates

  • There will be an information session on Wednesday, January 24, 2024, at 5:00 pm in Room 120 DeBartolo Hall.
  • Applications are accepted between February 1 and March 1 each year. You must apply during the spring semester of sophomore year only. 
  • Admission decisions are released by March 15.

Apply now

Academic requirements for admission

  • Fulfillment of the core requirements of the economics or international economics majors
  • Completion of Intermediate Microeconomic Theory by the end of sophomore year

Factors determining admission

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

Required courses

There are three required courses:

  • Financial Economics (ECON 40354) (offered Fall semester only)
  • Asset Pricing Theory (ECON 40356) (offered Spring semester only)
  • Financial Econometrics (ECON 40357) (offered 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.

* Because Financial Economics is a prerequisite for Financial Econometrics, students in the concentration who plan to study abroad may only do so in the spring of junior year.


You must take at least two electives related to finance (CFEL attribute). One elective must also be a writing-intensive (ECWI attribute) course. Or, you may take two electives with the CFEL attribute and a third elective with the ECWI attribute. A sample list of courses with the CFEL attribute is below. The list varies from semester to semester - ND Class Search for current offerings. You may request to meet with an advisor to determine if a particular course is acceptable.

  • 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




Marie Spoonhower, Undergraduate Studies Coordinator