Finance Major Requirements

A major in finance at St. Lawrence will consist of 12-12.5 units. Below outlines the planned requirements for a finance major; requirements may change as this major is developed.

Finance Major Minimum Requirements

Students matriculating as first year students starting in the fall of 2020 may declare the finance major.

Students may not double major in finance and economics. 

Core Courses

These courses lay the foundation for the major by developing essential skills for students who seek to major in finance.

  • ECON 100: Introduction to Economics
    • Prerequisite for Intermediate Micro and Macroeconomics
  • ECON 200: Quantitative Methods or STAT 213: Applied Regression Analysis
  • ECON 251: Intermediate Microeconomics
    • Individual decision making in response to incentives
    • Foundation for decision making and analysis in risky environments
    • Firm decision making, pricing and product choice strategies
    • Foundation for Firm Valuation
  • ECON 252: Intermediate Macroeconomics
    • Determination of interest rates (and government effect on these rates), unemployment and growth
    • Foundation to time valuation and impact of macroeconomic performance on markets and firm performance
  • FIN 313 – Investments (currently ECON 313)
    • Introduces students to securities markets, principles of portfolio construction, and models of the tradeoff between risk and expected return
  • FIN*: Corporate Finance
    • Provides students with an overview of capital budgeting, valuation of projects and firms, and the theory of capital structure

Two courses in accounting:

  • ACC 203: Financial Accounting
    • Construction and interpretation of an organizations balance sheet and income statement
  • ACC 204: Managerial Accounting
    • Input and inventory cost management vital to financial management within an organization

Electives-at least two of:

  • FIN*: Financial Theory
  • FIN*: Portfolio Analysis
  • FIN*: International Finance
  • ECON 311: Money and Banking
  • FIN*: Cryptocurrency

Other Requirements and Recommendations

  • Required: At least two additional courses from Finance or Economics electives or GOVT 316 – Business & Ethics.
  • Recommended: Experiential Learning
    • Students are encouraged to complete either an internship, community-based learning experience, abroad experience, or senior year independent research in support of their major.

In addition to maintaining a 2.0 university-wide cumulative average, students majoring in finance must maintain a 2.0 cumulative average on all finance, economics, and accounting courses taken and must earn at least a 2.0 in Economics 251 and Economics 252. Economics 251 and 252 must be taken at St. Lawrence before the end of the junior year.

*Course # to be determined

Electives Grouped by Interests

Elective courses build on the foundational skills laid out in the core of the major and by grouping four of them together students can develop specializations appropriate to their aspirations. We list examples for electives the students will be advised to take given these aspirations. Note this is not an exhaustive list of possibilities.

Careers in financial analysis, wealth management, investment banking

  • FIN* – Financial Theory
  • FIN* – Portfolio Analysis
  • ECON 311 – Money and Banking
  • ECON 342 – Econometrics

Emerging Financial Institutions

  • FIN* – Portfolio Analysis
  • ECON* – Cryptocurrency
  • GOVT 316 – Business & Ethics

International Financial Management

  • FIN* – Financial Theory
  • FIN* – International Finance
  • ECON 322 – International Trade
  • ECON 311 – Money and Banking

Government Agencies

  • ECON 342 – Econometrics
  • ECON 311 – Money and Banking
  • ECON 315 – Public Finance
  • ECON 410 – Fed Challenge

Not-For-Profit Organizations

  • ECON* – Organizational Architecture
  • ECON 315 – Public Finance
  • ECON 309 – Labor Economics
  • ECON 311 – Money and Banking

Environmental Advocacy Organizations

  • ECON 315 – Public Finance
  • ECON 307 – Law and Economics
  • ECON 308 – Environmental Economics
  • ECON 384 – Natural Resource Economics

*Course # to be determined