Normally, in the junior year, students declare a major in one of seven areas of study. Accounting focuses on developing the ability to analyze and solve fiscal problems. This major leads to career opportunities such as public or private accounting, budget planning, tax accounting, or auditing. Economics is the study of how society uses resources to satisfy unlimited wants. The economics major leads to careers in research and management in the financial, manufacturing, services, and government sectors.
Finance involves the study of business finance, investments, and financial institutions.
Degrees in finance lead to positions such as financial analyst, commercial lender, portfolio manager, and trust officer. Insurance and Risk Management focuses on methods of developing financial protection against loss with emphasis on insurance principles, solving risk management problems, and socioeconomic security programs. This major leads to positions in the life, health, or property and casualty insurance industries such as underwriter, broker, investment analyst, risk manager, or marketing representative. Real Estate involves the study of concepts, principles, and methodologies used in real estate analysis and decision making. Degrees in real estate lead to positions in areas such as mortgage banking, appraisal, and financial services.