Department of Finance and Business Economics
Local, national and global economies are changing rapidly. It is more important than ever to understand the financial and economic dynamics at play to gain a better understanding of how businesses can adapt and evolve over time.
Finance focus
Finance deals with the management of funds and the ways in which the flow of capital affects management of firms and decision-making processes of investors. By focusing on the economy's capital markets, the problems of allocating capital within the firm, the environment of the financial manager, and the supply of capital, the finance curriculum prepares students for careers as financial managers, bankers, and administrators.
Business economics focus
Using economic theory as an analytical tool to help organizations achieve their business goals is the primary concern of business economics. Specifically, business economists deal with the firm's behavior in response to the economic environment it faces and determine how these factors will affect both long-range and day-to-day operations. Typically, a business economist is concerned with pricing policy, monetary policy, predicting economic impacts, measuring demand, and applying economic models to management decisions. Courses in business economics emphasize capital markets and macroeconomic policies, international business economics, forecasting, and business decision-making.