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 1500 (previously 150): Economic Statistics*
- FNEC 1600 (140): Financial Accounting
- FNEC 2700 (240): Corporate Finance
*Economics 1510 (previously 155), Mathematics 2820 (previously 218), Psychology 2100 (209), or Psychology-PC 2110 (previously 2101, Peabody College) may substitute for Economics 1500 (previously 150).
Three elective courses to be chosen from:
- FNEC 2600 (220): Managerial Accounting
- FNEC 3700 (261): Investment Analysis
- FNEC 3705 (275): Financial Management
- FNEC 3710: Corporate Valuation
- ECON 2300 (209): Money and Banking**
- ECON 3300 (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 2300 and ECON 3300 cannot count towards the minor even if these courses are not counting towards your economics major.
Effective Fall 2015, Vanderbilt University has introduced a new course catalog numbering scheme. For assistance with the translation between old (3-digit) and new (4-digit) numbers, please consult the Course Renumbering Lookup Tool.
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 3705, 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 fall and spring of your junior year.
Fall or spring of freshman year:
FNEC 1600 Financial Accounting, and
ECON 1500 Economic Statistics
Fall or spring of sophomore year:
FNEC 2700 Corporate Finance (prerequisites FNEC 1600 and ECON 1500)
Fall of junior year:
FNEC 3705 Financial Management (prerequisite FNEC 2700)
Always refer to your Undergraduate Catalog for the most accurate information.