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    Dec 03, 2024  
2024/25 UM UMM Undergraduate Catalog 
    
2024/25 UM UMM Undergraduate Catalog

Financial Economics


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 470 , ECO 475 , ECO 489 , HON 498  /HON 499  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 470 , ECO 475 , ECO 489 , HON 498 /HON 499  or equivalent

Contact Information:  School of Economics, 206 Winslow Hall, (207) 581-3150.


Financial Economics majors build strong analytical and problem-solving skills, with an emphasis on topics at the intersection of Economics and Finance.

B.A. Requirements


2. Additional Financial Economics Electives (15 credits)


A total of fifteen (15) additional credit hours in ECO or FIN courses. A minimum of 9 credits must be ECO courses at the 300 level or higher, 3 of which must be ECO courses at the 400 level or higher (not counting the core above or capstone).

ECO 385 ECO 385 - Econometrics  and ECO 480 ECO 480 - Introduction to Mathematical Economics  are strongly recommended for students considering graduate study in Economics.

3. Mathematics Requirement (3-4 credits):


One of the following mathematics courses (or equivalent):

4. Statistics Requirement (3-4 credits):


One of the following statistics courses (or equivalent):

5. NSFA Bachelor of Arts Degree Requirements


To obtain a Bachelor of Arts degree:

1a. Students must complete an academic minor or a second academic major outside of their primary discipline. Appropriate minors and majors shall be determined by the academic unit of the student’s primary major to ensure breadth of study.

or

1b. Alternatively, a student may complete, within their program of study, 27 credits in courses meeting the human values and social context general education criteria of the university. At least 12 credits of these must be at the 200 level or above.

and

2. Students must complete a minimum of 60 credits outside their major. (If a particular major requires courses in another discipline, either within the same department or in another department, those credits may still count toward the 60 credits.) Depending on the particular program, the degree will require 120 or 121 total credits for graduation. In addition, each student must achieve a minimum grade point average of 2.0 over all courses taken. Some programs may also require minimum grade point averages for courses within the major. Students should consult individual program sections about specific details concerning a particular major.

6. Free Electives


Students will utilize free electives to reach 120 credits.

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


(Listed below is the sequence for Financial Economics courses.  Students meet with their Faculty Advisor to fill in remaining schedule with General Education 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 Economic Core Courses. A “C” or better is required in the capstone (ECO 470, ECO 475, ECO 489, HON 498/499 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 470, ECO 475, ECO 489, HON 498/499 or equivalent

Contact Information:  School of Economics, 206 Winslow Hall, (207) 581-3150.


Financial Economics majors build strong analytical and problem-solving skills, with an emphasis on topics at the intersection of Economics and Finance. The Financial Economics B.S. degree provides a broad coverage of economic and financial concepts and methods, and it includes several quantitative courses. Students will learn skills that are highly valued in the labor force, and that help them succeed in graduate degree programs.

2. Additional Financial Economics Electives (18 credits):


A total of eighteen (18) additional credit hours in ECO or FIN courses. A minimum of 12 credits must be ECO courses at the 300 level or higher, 6 of which must be ECO courses at the 400 level or higher (not counting the core above or capstone).

3. Mathematics Requirement (3-4 credits):


One of the following mathematics courses (or equivalent):

4. Statistics Requirement (3-4 credits):


One of the following statistics courses (or equivalent):

5. Free Electives


Students will utilize free electives to reach 120 credits.

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


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

First Year


Second Year


Third Year


Fourth Year