Financial Economics

Spring Hill College offers a concentration in financial economics and a minor in finance.  The financial economics concentration is designed for students considering a career in financial services, such as banking, investment, insurance, and advisory services.  The program gives the student a solid background in economic foundations and its relation to the financial environment of business.  Specific knowledge is taught in optimal decision making, managerial economics and finance, with emphasis on the statistical and financial analysis necessary to understand the continuously changing field of finance.

Financial accounting plays a significant role in many career paths in the financial services industry.  Students in the financial economics concentration wishing to explore accounting beyond the two introductory courses are encouraged to complete a minor in accounting. The financial economics concentration coupled with a minor in accounting will help prepare students for careers in investment banking and certification exams like the CFA (Certified Financial Analyst) and the CFP (Certified Financial Planner).  Students planning to attend graduate programs in finance or economics are urged to take MTH 121 Calculus I and MTH 122  Calculus II.

Financial Economics

  • ECO 301                       Managerial Economics (3)
  • FIN 321                         Money and Capital Markets (3)
  • FIN 401410                  Intermediate Financial Management Investments (3)
  • Choose three upper-division electives:
    • FIN 310                         Financial Planning (3)
    • FIN 410                         Investments Intermediate Financial Management (3)
    • FIN 495                         Special Topics in Financial Economics (3)
    • ECO 434                       International Trade and Finance (3)
    • ACC 301                       Intermediate Accounting I (3)
    • ACC 302                       Intermediate Accounting II (3)
    • ACC 331                       Management Cost Analysis (3)
    • ACC 351                       Federal Income Tax (3)



Minor in Finance

  • ACC 201                       Principles of Accounting I (3)
  • ACC 202                       Principles of Accounting II (3)         
  • ECO 102                       Principles of Microeconomics (3)
  • BUS 263                       Business Statistics (3)
  • FIN 301                         Financial Management (3)
  • FIN 321                         Money & Capital Markets (3)
  • Choose two of the following:
    • FIN 310                         Financial Planning (3)
    • FIN 401                         Intermediate Financial Management (3)
    • FIN 410                         Investments (3)
    • FIN 495                         Special Topics in Financial Economics (3)                                                                                                                                        

Students majoring in business administration with a concentration in financial economics may not receive a minor in finance.



  • ECO 101. Principles of Macroeconomics (3)
    • An introduction to the nature and scope of economics.  Emphasis is placed upon macroeconomic aspects of the study of economics. Topics include: supply and demand analysis, inflation, unemployment, aggregate output, economic growth, and money and banking.  Monetary and fiscal policy options are emphasized.
    • Prerequisites: None
  • ECO 102. Principles of Microeconomics (3)
    • An introduction to economics with primary emphasis on microeconomic aspects of the United States economy, such as:  supply and demand, profit maximization, market structure, factor markets, public policies toward business, and some current economic problems.
    • Prerequisites: None
  • ECO 220.  Business, Society, and Sustainability (3) 
    • An introduction to the role of business in society highlighting the importance of Ignatian business and leadership principles and global business citizenship.  Students will also study the traditional business disciplines of accounting, finance, economics, information technology, marketing, management, and business ethics and strategy.  Moreover, this course will have a service-learning component.
  • ECO 290.  Honors Economics (3) (W) 
    • An in-depth examination of a sub-field of economics.  The course is writing intensive. The specific subject may vary depending on interests of the individual instructor. 
    • Prerequisite:  Honors standing or permission of instructor.



ECO 301.  Managerial Economics (3) Theory of demand and value, pricing, production, resource allocation, and general equilibrium. Prerequisites: ECO 101, 102, and BUS 263.

ECO 434. International Trade and Finance (3) A study of theories and issues underlying international trade and finance.  Topics include sources of comparative advantage, tariff and nontariff barriers and multilateral institutions. Students will also study balance of payments, exchange rates, and the impact of government policy. Prerequisites: ECO 101 and 102, FIN 301, and BUS 320.



  • FIN 100. Personal Finance (3)
    • Application of basic finance concepts to critical consumer issues such as budgeting, housing decisions (i.e., “rent or buy,” tax implications, mortgages), banking options, insurance, investing, retirement planning, consumer credit, and automobile “lease versus purchase” decisions.



  • FIN 301. Financial Management (3)
    • Introduction to the concepts and techniques of financial management within a business organization. Topics include the financial marketplace in which business decisions are made, valuation, forecasting, capital budgeting, financing decisions, and working capital management.
    • Prerequisites: ACC 202, BUS 263, ECO 101, and ECO 102.
  • FIN 310.  Financial Planning (3)  
    • This course provides a comprehensive examination of the entire financial planning process.  Specific areas covered include the budgeting process, managing money and managing credit, tax planning, insurance and risk management and insurance, personal investing and investment planning, retirement planning and estate planning. 
    • Prerequisites:  ACC 202, ECO 101, FIN 301.
  • FIN 321.  Money and Capital Markets (3) 
    • A study of the operations and roles of the major participants in the financial system and the factors influencing them.  Topics include:  financial institutions, central banking, money, monetary policy, interest rates, financial markets, financial innovation, and regulatory reform. 
    • Prerequisites:  ECO 101 and 102.
  • FIN 401. Intermediate Financial Management (3)
    • Application of analytical tools and theory to financial decision-making in the firm. Topics include expanded study of material in FIN 301 Financial Management and other special topics such as mergers and international finance. Student practice in applications is accomplished through case studies using microcomputer spreadsheet analysis and/or computer simulation programs.
    • Prerequisites: FIN 301 and CIS 115.
  • FIN 410. Investments (3)
    • The course will examine such investment alternatives as stocks, bonds, options, and various specialized investment alternatives. The importance of both fundamental and technical analysis will be explored. There will be a strong emphasis on evaluating appropriate risk-return trade-offs and the implications of modern portfolio theory.
    • Prerequisite: FIN 301 or permission of instructor.
  • FIN 495.  Special Topics in Financial Economics (3) 
    • A course designed to address topics of special interest to financial economics students.  Possible areas include retirement planning, development issues, and history of economic thought. 
    • Prerequisite:  FIN 301 and permission of instructor.

From My Perspective

“Because of my education and my internships at Airbus, Enterprise, and Edward Jones, I’ve had amazing, real-world experience. It’s sure to make a difference standing out from the competition. Spring Hill raises the bar when it comes to preparing students for the work world.”

– Elizabeth Neal ’14
Montegut, La.