Bachelor of Business Administration with Major in Banking and Financial Economics
The Economics Faculty together with other faculty in the Nistler College of Business and 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.
All B.B.A. candidates must fulfill the Nistler College of Business and Public Administration degree requirements.
Required 120 credit hours (36 of which must be numbered 300 or above) including:
I. Essential Studies Requirements (see University ES listing).
II. Choose one of the following: MATH 103, MATH 107, MATH 146, or MATH 165
III. Nistler College of Business and Public Administration Requirements:
| Code | Title | Credits |
|---|---|---|
| ACCT 200 | Elements of Accounting I | 3 |
| ACCT 201 | Elements of Accounting II | 3 |
| ECON 201 | Principles of Microeconomics | 3 |
| ECON 202 | Principles of Macroeconomics | 3 |
| ECON 210 | Introduction to Business and Economic Statistics | 3 |
| FIN 310 | Principles of Financial Management | 3 |
| ISBA 217 | Fundamentals of Computer Information Systems | 3 |
| MGMT 300 | Principles of Management | 3 |
| MGMT 301 | Operations Management | 3 |
| MRKT 305 | Marketing Foundations | 3 |
| MGMT 475 | Strategic Management | 3 |
| Total Credits | 33 | |
IV. Major Requirements:
| Code | Title | Credits |
|---|---|---|
| ECON 303 | Money and Banking | 3 |
| ECON 305 | Principles of Banking I | 3 |
| ECON 306 | Principles of Banking II | 3 |
| ECON 308 | Intermediate Microeconomic Theory | 3 |
| ECON 309 | Intermediate Macroeconomic Theory and Policy | 3 |
| ECON 405 | Bank Regulation | 3 |
| ECON 438 | International Money and Finance | 3 |
| FIN 340 | Intermediate Financial Management | 3 |
| FIN 360 | Capital Market Financing and Investment Strategies * | 3 |
| Total Credits | 27 | |
- *
ACCT 300 Advanced Spreadsheet Applications is waived as a prerequisite for Banking and Financial Economics majors.
V. Elective Major Courses: Students do not require additional courses to complete the major though options for courses include:
| Code | Title | Credits |
|---|---|---|
| ACCT 301 | Intermediate Accounting I * | 3 |
| ACCT 302 | Intermediate Accounting II | 3 |
| ECON 395 | Special Topics in Economics ** | 1-4 |
| ECON 397 | Cooperative Education ** | 1-2 |
| ECON 410 | Empirical Methods in Economics I | 3 |
| ECON 411 | Economic Forecasting | 3 |
| ECON 414 | ||
| ECON 416 | Mathematics for Economists | 3 |
| ECON 497 | Internship ** | 1-4 |
| FIN 321 | Real Estate Finance and Investment | 3 |
| FIN 324 | Real Estate Appraisal | 3 |
| FIN 350 | Financial Statement Analysis | 3 |
| FIN 420 | Investment Analysis and Portfolio Management | 3 |
| FIN 450 | Financial Derivatives | 3 |
| FIN 491 | Senior Topics in Finance ** | 3 |
- *
ACCT 300 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.
VI. Nistler College of Business & Public Administration Graduation Requirements:
- Earn a minimum GPA of 2.00 (including transfer credits)
- Earn a minimum UND GPA of 2.00
- Earn a cumulative major GPA of 2.50 for all courses that apply toward the major (including transfer credits)
- At least half of the business courses that apply toward the major must be from UND (does not apply for BA in Political Science, BS in Public Affairs, or BA in Economics)