Economics & Finance Double Major at UD

The Economics and Finance double major at the University of Delaware (UD) provides a rigorous and comprehensive education, equipping students with a strong foundation in both theoretical and applied principles. This demanding program is designed for students seeking a deep understanding of economic systems and financial markets, positioning them for diverse and challenging careers.

The Economics component delves into microeconomic and macroeconomic theories, examining how individuals, businesses, and governments make decisions in the face of scarcity. Students analyze market structures, consumer behavior, and the impact of government policies on economic growth, inflation, and unemployment. Core coursework typically includes principles of economics, intermediate microeconomics, intermediate macroeconomics, econometrics, and mathematical economics. Advanced electives offer opportunities to specialize in areas such as international economics, behavioral economics, public economics, and labor economics.

The Finance component provides a robust understanding of financial markets, investment strategies, and corporate finance. Students learn to analyze financial statements, value securities, manage risk, and make informed investment decisions. Key coursework covers financial accounting, corporate finance, investment analysis, portfolio management, and financial modeling. Elective options allow students to explore specialized areas such as derivative securities, fixed income analysis, international finance, and real estate finance.

The synergy between Economics and Finance is a key strength of this double major. Understanding economic principles provides a crucial context for financial decision-making, while financial knowledge enhances the ability to analyze economic trends and their implications. For example, understanding macroeconomic factors like interest rates and inflation is vital for making sound investment choices. Similarly, knowledge of corporate finance principles is essential for understanding the implications of economic policies on business investment and growth.

Students pursuing this double major benefit from UD’s experienced faculty, who are actively engaged in research and bring real-world insights to the classroom. The Lerner College of Business and Economics offers various resources to support students, including career services, networking events, and student organizations. These resources help students explore career options, develop professional skills, and connect with potential employers.

Graduates of the Economics and Finance double major are well-prepared for a wide range of career paths, including roles in financial analysis, investment banking, consulting, economic forecasting, government agencies, and research institutions. The analytical and problem-solving skills developed through this program are highly valued by employers in various industries.

The demanding coursework and the need to balance requirements from both departments require excellent time management and dedication. However, the rewarding outcome is a powerful combination of knowledge and skills that distinguishes graduates in a competitive job market.