Nov 19, 2019  
2019-2020 UMaine Undergraduate Catalog 
    
2019-2020 UMaine Undergraduate Catalog

Financial Economics


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OVERVIEW OF DEGREE REQUIREMENTS - B.A.

Minimum number of credits required to graduate: 120

Minimum Cumulative GPA required to graduate: 2.0

Minimum Grade requirements for courses to count toward major: A “C-” or better is required in all Economic Core Courses. A “C” or better is required in the capstone (ECO 489 or equivalent)

Other GPA requirements to graduate: Economics (ECO) coursework must be completed with a 2.0 or better cumulative average.

Required Course(s) for fulfilling Capstone Experience:  ECO 489 or equivalent

Contact Information: Karen Moffett, School of Economics, 206 Winslow Hall, (207) 581-3154.


This program is designed to prepare students for employment in occupations where specific knowledge of financial economics will be useful in entry-level positions and in enhancing subsequent opportunities for advancement. The program also provides a strong undergraduate background for graduate professional degrees in business, economics, and law. This approach incorporates the fundamentals of economic theory in the areas of macroeconomics and monetary economics along with the applied analytical tools of finance and data analysis.

Students are required to work with their advisors on selecting appropriate economics electives in addition to the required economics and business core.  Students are also encouraged to discuss career or graduate school preparation with their advisor.

The School of Economics believes strongly in interdisciplinary work and that economics is well suited for applied work in other fields.  Students in the B.A. Financial Economics program are REQUIRED to complete a minor and/or double major.

B.A. Requirements


A minimum of 18 economics (i.e. ECO) credits must be completed through the University of Maine at the 300 level or higher. Students must complete the following:

2. Additional credit hours in ECO courses (12 credits):


A total of twelve (12) credit hours in ECO courses. A minimum of 6 must be at the 400 level or higher (not counting the core above or capstone).

 , and  , are strongly recommended for students considering graduate study in economics.

Two additional courses from among the following:


4. Mathematics Requirement (3-4 credits):


One of the following mathemaatics courses (or equivalent):

5. Statistics requirement (3-4 credits):


One of the following statistics courses (or equivalent):

6. Minor or Double Major Requirement:


Students completing the B.A. in Financial Economics must have a minor or a double major.

7. Free Electives


Students will utilize free electives to fill to 120 credits.

A Typical Four-year Programs in Economics (B.A. FIE)


(Listed below is the sequence for economics courses.  Students meet with their Faculty Advisor to fill in remaining schedule with General Education courses, business courses, free electives and other requirements.)

First Year


Second Year


Third Year


Fourth Year


B.S. Requirements


OVERVIEW OF DEGREE REQUIREMENTS - B.S.

Minimum number of credits required to graduate: 120

Minimum Cumulative GPA required to graduate: 2.0

Minimum Grade requirements for courses to count toward major: A “C-” or better is required in all Economics Core courses.  A “C” or better is required in the capstone (ECO 489 or equivalent)

Other GPA requirements to graduate: Economics (ECO) coursework must be completed with a 2.0 or better cumulative average.

Required Course(s) for fulfilling Capstone Experience:  ECO 489 or equivalent

Contact Information: Karen Moffett, School of Economics, 206 Winslow Hall, (207) 581-3154.


This program is designed to prepare students for employment in occupations where specific knowledge of financial economics will be useful in entry-level positions and in enhancing subsequent opportunities for advancement. The program also provides a strong undergraduate background for graduate professional degrees in business, economics, and law. This approach incorporates the fundamentals of economic theory in the areas of macroeconomics and monetary economics along with the applied analytical tools of finance and econometrics.

Students are required to work with their advisors on selecting appropriate economics electives in addition to the required economics and business core.  Students are also encouraged to discuss career or graduate school preparation with their advisor.

The School of Economics believes strongly in interdisciplinary work and that economics is well suited for applied work in other fields.  Students in the B.S. Financial Economics program are SUGGESTED to complete minors and/or double majors.  Some outside courses with a partial focus on economics may be counted as economics electives with prior approval.

BS Requirements:


A minimum of 18 economics (i.e. ECO) credits must be completed through the University of Maine at the 300 level or higher.  Students must complete the following:

2. Additional credit hours in ECO courses (24 credits):


A minimum of 15 credits must be at the 300 level or higher, 9 of which must be at the 400 level or higher (not counting the core above or capstone).

Two additional courses from among the following:

4. Mathematics requirement (3-4 credits):


One of the following:

5. Statistics requirement (3-4 credits:)


One of the following statistics courses (or equivalent):

6. Free Electives:


Students will utilize free electives to fill to 120 credits.

A Typical Four-year Progam in Economics (B.S. FIE)


(Listed below is the sequence for economics courses.  Students meet with their Faculty Advisor to fill in remaining schedule with General Education courses, business courses, free electives and other requirements.)

First Year

Third Year

Fourth Year

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