Students are encouraged to enroll in the Independent Study course for at least one credit hour in cooperation with a member of the economics faculty. These individuals and organizations earn or raise money and spend or invest money. The processes and decision-making methods to carry out these activities are the purview of finance which has been defined as the art and science of managing money. The study of finance is concerned with the processes, institutions, markets, and instruments involved in the transfer of money within and between individuals, businesses and governments. Financial services is concerned with the design and delivery of advice and financial products.
Corporate finance is concerned with the duties of the financial managers within the business firm.
Insurance and risk management deal with the various ways to handle risk and how to protect assets through appropriate insurance coverage. The goal of the finance faculty is to prepare our graduates for all of the categories in the world of finance.