Financial Economics Specialization for Economics Majors

By completing a specialized set of electives, majors (prime or second, including dual majors) can earn the Financial Economics Specialization.

Students should notify the department of their intent to earn the Financial Economics Specialization by completing the form on the department's website at least one semester prior to graduation.

Program Requirements

  • Declared major in Economics, Math+Economics, or Econ+CSE
  • Completion of extra elective(s) and an integrated set of electives (These details are described below and are specific to each major.)

Major in Economics

Total units required: 37 to 39 (for the major) + 3 = 40 to 42 total units

Students with a prime or second major in economics must do the following, in addition to completing the major requirements:

  • Complete one additional economics elective at the 300 or 400 level, or complete FIN 340.
  • A minimum of three courses must be drawn from the approved "List of Financial Economics Electives" below or be approved substitutes from a study abroad program.
  • All courses must be completed with the letter grade option, and a grade of at least C- must be earned in each. (A grade of at least C is required in study abroad course work.)

List of Financial Economics Electives

Econ 3311Financial Markets and Analysis3
Econ 335Money and Banking3
Econ 4210Topics in Financial Economics: Asset Pricing3
Econ 4211Topics in Financial Economics: Investments3
Econ 437The Economics of Financial Intermediation3
Econ 448Money & Monetary Policy3
FIN 340Capital Markets and Financial Management (approved if the student is NOT in Finance major/minor)3

Major in Economics + Computer Science

  • Total units required: 54 (for the major) + 3 = 57 total units

Students pursuing this dual major through the McKelvey School of Engineering or Arts & Sciences must do the following, in addition to the major requirements:

  • Complete one additional economics elective at the 300 or 400 level, or complete FIN 340.
  • A minimum of three of the four courses must be drawn from the approved "List of Financial Economics Electives" above or be approved substitutes from a study abroad program.
  • All courses must be completed with the letter grade option, and a grade of at least C- must be earned in each. (A grade of at least C is required in study abroad course work.)

Major in Mathematics + Economics

  • Total units required: 57 (for the major) + 3 = 60 total units

Students with a major in Math+Econ have two options through which the Financial Economics Specialization may be earned. Regardless of option, all courses must be completed with the letter grade option, and a grade of at least C- must be earned in each. (A grade of at least C is required in study abroad course work.)

Option 1 (when completing the major with three Economics electives and four Math electives)

  • Complete one additional economics elective at the 300 or 400 level, or complete FIN 340. Therefore, completion of the major plus the specialization requires four economics electives (or three economics electives and FIN 340) and four math electives, subject to the constraints below:
    • The four math electives must come from the approved list for the major, or a student may complete three math electives from the approved list and one SDS elective from the preapproved electives list.
    • A minimum of three of the four total economics electives must be drawn from the approved "List of Financial Economics Electives" above or be approved substitutes from a study abroad program.
    • A minimum of three of the four total economics electives must come from the approved list for the major.

Option 2 (when completing the major with four Economics electives and three Math electives)

Students must complete the following:

  • Four economics electives, where both of the following criteria must be satisfied:
    • At least two of the four electives must be drawn from the "List of Financial Economics Electives" above.
    • At least three of the four economics electives must be drawn from the approved list for the major.
  • The three math electives must be drawn from the approved list for the major.
  • In addition, for the specialization, students must complete Math 456.

Contact Info

Contact:Dorothy Petersen, Academic Coordinator
Phone:314-935-5644
Email:dottie@wustl.edu
Website:http://economics.wustl.edu/majors-and-minors-economics