International Banking and Finance
The major in International Banking and Finance provides students with an appreciation of the financial system and the financial decision-making process as determinants of the economic wealth of individuals, business enterprises, and nations. The program stresses both the area of financial economics (studying the behavior of traders in financial markets and the determinants of price formation) and of financial management (studying business practices useful in devising strategies to attain financial goals). In an environment of high capital mobility and integrated financial markets, an international perspective is essential to the understanding of the opportunities and risks in the global arena.
This major prepares students for employment and careers in the financial division of commercial and industrial businesses, in the banking and financial services sector, or in central banks and international organizations. It also prepares students for graduate study in business administration, economics, and finance.
Major Requirements (51 Credits)
Lower-level Requirements (24 credits)
| ECN 100 | Principles of Macroeconomics | 3 |
| ECN 101 | Principles of Microeconomics | 3 |
| BUS 115 | Financial Accounting | 3 |
| MAT 200 | Calculus | 3 |
| MAT 201 | Introduction to Statistics | 3 |
| ECN 225 | Issues and Controversies in Macroeconomics (Intermediate Macroeconomics) | 3 |
| ECN 256 | Managerial Economics (Intermediate Microeconomics) | 3 |
| BUS 326 | Managerial Finance | 3 |
Upper-level Requirements (27 credits)
| ECN 325 | Money, Banking and Financial Markets | 3 |
| ECN 328 | International Banking and Finance | 3 |
| ECN 365 | Investment Analysis I | 3 |
| ECN 366 | Investment Analysis II (Corporate Finance) | 3 |
Four of the following:
| ECN 303 | Development Economics | 3 |
| ECN 305 | Economics of the European Union | 3 |
| ECN 320 | Game Theory, Information, and Contracts | 3 |
| ECN 341 | International Trade | 3 |
| ECN 350 | Industrial Economics | 3 |
| ECN 387 | Introduction to Econometrics | 3 |
| ECN 494 | Internship in International Banking and Finance | 3 |
| ECN 495 | Senior Research Project in International Banking and Finance | 3 |
| ECN 497 | Special Topics Research Seminar in Economics and Finance | 3 |
Note: ECN 494, ECN 495 and ECN 497 require department permission.
The following courses cannot be applied to this major if the student is also an International Economics or an International Economics with an Emphasis in Political Economy major: ECN 303 and ECN 341.
One of the following:
| BUS 306 | Quantitative Methods and Dynamic Forecasting | 3 |
| BUS 415 | Country Risk Assessment | 3 |
| BUS 426 | International Financial Management | 3 |