The Financial Economics minor provides students with an in-depth understanding of financial markets, corporate finance, personal wealth management and the government’s role in markets. Students study the influential entities in the financial world, including corporations, commercial and investment banks, hedge funds, private equity funds, private wealth managers, and government agencies, such as the Fed and SEC. Intricacies of financial markets are learned from careful examination and discussion of historical and current events. After completing the minor, students have the ability to analyze financial statements, properly consider investment opportunities, and create profitable solutions to changes in the economy and financial markets.
The minor in Financial Economics requires 18 credit hours. Course Descriptions
The following courses are required:
- ECON 150: Economic Statistics*
- FNEC 140: Financial Accounting
- FNEC 240: Corporate Finance
*Economics 155, Mathematics 218, Psychology 209, or Psychology 2101 (Peabody College) may substitute for Economics 150
Three elective courses to be chosen from:
- FNEC 220: Managerial Accounting
- FNEC 261: Investment Analysis
- FNEC 275: Financial Management
- ECON 209: Money and Banking**
- ECON 259: Financial Instruments and Markets**
**Economics majors must complete 15 hours of credit in FNEC courses to complete the Financial Economics minor. This means ECON 209 and ECON 259 cannot count towards the minor even if these courses are not counting towards your economics major.
Minors may be combined with any departmental or interdisciplinary major; however, the minor in Managerial Studies must include 15 credit hours that are being counted solely toward the minor. Students electing a second minor in Managerial Studies must complete at least 12 credit hours counted solely toward the second minor. For those of you double minoring in Corporate Strategy and Financial Economics, you must view Financial Economics as your first minor and Corporate Strategy as your second minor.
Due to the unique situation of a double managerial studies minor, the Degree Audit in YES may sometimes lead students to the wrong conclusions about which classes or how many classes they need to take. If you are considering double minors in Managerial Studies we strongly recommend visiting the Managerial Studies administration to review course requirements in Calhoun 215.
Summer internship positions in finance are extremely competitive, as they often lead to full-time job opportunities. Students who are interested in pursuing finance internships are encouraged to take FNEC 275, Financial Management as early as possible, ideally in the fall semester of the junior year. This course will help you prepare for financial internship interviews that will take place in early spring of your junior year.
Fall or spring of freshman year:
FNEC 140 Financial Accounting, and
ECON 150 Economic Statistics
Fall or spring of sophomore year:
FNEC 240 Corporate Finance (prerequisites FNEC 140 and ECON 150)
Fall of junior year:
FNEC 275 Financial Management (prerequisite FNEC 240)
Always refer to your Undergraduate Catalog for the most accurate information.