B.B.A. with Major in Banking and Financial Economics
The economics faculty together with other faculty in the College of Business & Public Administration offer a major in Banking and Financial Economics that is intended to prepare students for employment with financial institutions and government. The major is comprised of a comprehensive curriculum that provides a background in basic business, economic theory, the principles and practices of banks and other financial institutions, bank regulation, macroeconomic policy and international finance. Experience has shown the graduates of this program are prepared to immediately function in highly responsible positions in financial institutions and regulatory agencies.
Students may be admitted to the College of Business & Public Administration and may elect a major within a business discipline after completing at least 60 semester hours at UND or other accredited institutions.
They must also have earned a minimum grade point average of 2.50 (2.0 is C) in all courses attempted and a “C” or better in the six courses comprising a sophomore-level pre-business core.
Students planning to transfer to UND from a junior college should enroll in only those junior college business courses that are offered as freshman or sophomore level courses at UND.
Goals and Objectives
Goal 1: Students will understand key economic concepts and institutions and be able to use this knowledge to explain economic events, solve problems, and recommend and defend economic policies.
Students acquire knowledge of economic concepts and institutions.
Students solve problems using economics.
Students assess economic policies.
Students develop an understanding of the global economy.
Goal 2: Students develop skills in using quantitative methods to solve economic problems and analyze economic issues.
Students retrieve, interpret, and manipulate economic data.
Students conduct research projects that involve solving problems that use economic data.
Goal 3: Students will be able to communicate clearly both orally and in writing.
Students present the results of their economic studies in writing.
Students orally present the results of their economic studies.
Required 125 credits (36 of which must be numbered 300 or above, and 60 of which must be from a 4-year institution)
Essential Studies Requirements (See University ES listing)
|College of Business and Public Administration Requirements|
|ACCT 200||Elements of Accounting I||3 credits|
|ACCT 201||Elements of Accounting II||3 credits|
|ACCT 315||Business Law I||3 credits|
|ISBC 117||Personal Productivity with Information Technology||1 credit|
|ISBC 217||Fundamentals of Computer Information Systems||3 credits|
|ECON 201||Principles of Microeconomics||3 credits|
|ECON 202||Principles of Macroeconomics||3 credits|
|ECON 210||Introduction to Business and Economics Statistics||3 credits|
|ECON 303||Money and Banking||3 credits|
|MATH 103||College Algebra||3 credits|
|MATH 146||Applied Calculus I||3 credits|
|MGMT 300||Principles of Management||3 credits|
|MGMT 301||Operations Management||3 credits|
|FIN 310||Principles of Financial Management||3 credits|
|MGMT 475||Strategic Management||3 credits|
|MRKT 305||Marketing Foundations||3 credits|
|POLS 115||American Government I||3 credits|
|COMM 110||Fundamentals of Public Speaking||3 credits|
|Select one of the following:||3 credits|
|ANTH 171||Introduction to Cultural Anthropology|
|PSYC 111||Introduction to Psychology|
|SOC 110||Introduction to Sociology|
|Total Credits||55 credits|
|BBA in Banking and Financial Economics Requirements|
|ECON 305||Principles of Banking I||3 credits|
|ECON 306||Principles of Banking II||3 credits|
|ECON 308||Intermediate Microeconomic Theory||3 credits|
|ECON 309||Intermediate Macroeconomic Theory and Policy||3 credits|
|ECON 405||Bank Regulation||3 credits|
|ECON 438||International Money and Finance||3 credits|
|FIN 340||Intermediate Financial Management||3 credits|
|FIN 360||Capital Market Financing and Investment Strategies *||3 credits|
|FIN 375||Lending and Liquidity Management||3 credits|
|Total Credits||27 credits|
|Choose at least 12 credit hours from the following|
|ACCT 301||Intermediate Accounting I *||3 credits|
|ACCT 302||Intermediate Accounting II||3 credits|
|ECON 395||Special Topics in Economics **||1-3 credits|
|ECON 397||Cooperative Education **||1-4 credits|
|ECON 410||Empirical Methods in Economics I||3 credits|
|ECON 411||Economic Forecasting||3 credits|
|ECON 414||Managerial Economics||3 credits|
|ECON 416||Mathematics for Economists||3 credits|
|ECON 497||Internship **||1-4 credits|
|FIN 321||Real Estate Finance and Investment||3 credits|
|FIN 324||Real Estate Appraisal||3 credits|
|FIN 350||Financial Statement Analysis||3 credits|
|FIN 420||Investment Analysis and Portfolio Management||3 credits|
|FIN 450||Financial Derivatives||3 credits|
|FIN 491||Senior Topics in Finance **||3 credits|
*ACCT 218 - Advanced Spreadsheet Applications is waived as a prerequisite for Banking and Financial Economics majors.
**No more than 3 hours of electives from ECON 395 - Special Topics in Economics, ECON 397 - Cooperative Education, ECON 497 - Internship, and FIN 491 - Senior Topics in Finance may count toward the elective major courses.