Contact Information:
Call (651) 690-6548

Welcome to the Financial Economics Web site. This is a new major that responds to the increasing interest in the field of financial economics. It is an especially good field for women as careers in Finance continue to open up. Financial Economics is suited for the student who wants to begin her career in the financial sector (banking, insurance, corporate finance, investment (trusts), and securities analysis or to obtain analytical skills to enter the corporate sector with stronger finance background. With careful planning, a student can also design a double major in economics and another area of her choice.


THE FUTURE OF FINANCE

"The influence of the financial manager has increased subtantially in recent years, so that now the CFO is often second only to the chief exectutive officer in the corporate hierarchy" (Foundations of Financial Management, Cheng F. Lee, Joseph E. Finnerty and Edgar A. Norton, 1997, p.5)

In finance, insurance, and real estate, employment among sales workers is expected to grow by 154,000 jobs by 2006. Occupational growth rates for various financial occupations are as follows:

Financial Managers, 18.3 %
Loan officers and counselors, 28.1%
Securities and financial services sales workers, 37.8%
Credit analysts, 15.8%
Budget analysts, 11.7%

(November 1997 Occupatinal Outlook Quarterly, U.S. Bureau of Labor Statistics).

FOR A MAJOR

ECON225 Statistical Analysis for Economics and Business
ECON261 Principles of Microeconomics
ECON262 Principles of Macroeconomics
ECON335 Money and Banking
ECON346 Global Financial Issues
ECON348W International Economics
ECON350 Managerial Economics
ECON365 Investment Theories

At least five of the coursses in the major must be taken in residence at the College of St. Catherine.

SUPPORTING WORK:
MATH112 Pre-calculus or MATH113 Calculus I
BADM211 Financial Accounting
One course in computer programming (Recommended courses: CSCI111, CSCI112)


FOR A MINOR

ECON225 Statistical Analysis for Economics and Business
ECON261 Principles of Microeconomics
ECON262 Principles of Macroeconomics

Two additional 300 level courses should be selected from the following:

ECON335 Money and Banking
ECON365 Investment Theories
ECON346 Global Financial Issues

What can I do with a financial economics major?

For more information about the Department:
Call (651) 690-6548
Email: dshikha@stkate.edu