Ideally, the student would also have taken at least two courses in microeconomic theory. Students without these prerequisites may be able to qualify by completing the courses prior to matriculation or, with special permission, after enrollment. Prior to matriculation, entering students are required to take ECON 897, a non-credit course in mathematics for economists held for six weeks from late July through the end of August. Financial support for U.S. and Canadian citizens is provided by the S.S. Huebner Foundation for Insurance Education, a non-profit foundation. The second major field concentration consists of five or six courses in addition to the required economic and financial theory courses.
Finance is the most appropriate second major for most students.
However, other fields such as health care systems and microeconomics also are appropriate. Students can structure their economic and financial theory requirements to partially complete the second major. The courses included in the second major must be approved by the PhD coordinator. 934 Insurance Economics Quantitative Methods Students may select from three course sequences in the quantitative area. Econometrics II Economic and Financial Theory Four courses in economic and financial theory are required.