Jun 26, 2019  
2019-2020 General Catalog 
2019-2020 General Catalog

Economics and Finance

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Department Head: Frank Caliendo
Location: Eccles Business Building (EBB) 615
Phone: (435) 797-2310
FAX: (435) 797-2701
E-mail: Economics and Finance Department
WWW: http://huntsman.usu.edu/economicsandfinance/
WWW: http://huntsman.usu.edu/economics

Undergraduate Advisor:

Jordan Pinkham, EBB 309, (435) 797-2275, jordan.pinkham@usu.edu

Graduate Program Director:

Rick Hornsby, EBB 607, (435) 797-5786, rick.hornsby@usu.edu

Degrees offered: Bachelor of Science (BS) and Bachelor of Arts (BA) in Finance; BS, BA, Master of Science (MS), and Master of Arts (MA) in Economics, and Master of Science (MS) in Financial Economics. The Economics major is structured to facilitate a dual major with companion majors within or outside the Huntsman School of Business.

Undergraduate emphases: BS, BA in Economics—Economic Theory, International Economics and Trade, Managerial Economics, Prelaw Economics.

Full Details of the learning objectives, assessment plan, student outcomes, and evidence of continuous improvement for these programs of study can be found at huntsman.usu.edu/about/accreditation-assessment.

Undergraduate Programs


The undergraduate economics and finance curricula provide students with the basic intellectual framework to understand and analyze economic and financial problems and to make informed decisions. A basic understanding of economics and finance is essential to becoming a well-informed citizen, as well as a successful business or public leader.

Students majoring in finance receive training leading to careers in banking, brokerage activities and investments, and positions as financial analysts in industry.

Admission Requirements

Freshmen who meet the admission requirements and are accepted in good standing by the University are eligible for admission to the Department of Economics and Finance. All transfer students, whether transferring from within Utah State University or from other colleges and universities, must have an overall minimum GPA of 2.5 to be accepted as majors in the department. Additional requirements may apply for students who seek to be admitted to a dual major.

New students wishing to major in Economics or Finance may do so by listing the Economics or Finance major on their application when they apply for admission to USU. Students enrolled at USU may change to the Economics or Finance major by applying directly to the Department of Economics and Finance.

Graduation Requirements

To receive a bachelor's degree in Economics or Finance, students must complete all University requirements and the college and departmental requirements as noted in this catalog section.

Matriculation Requirement and Transfer Limitation

Finance majors in the Department of Economics and Finance will be held to the following matriculation requirement and transfer limitation. No more than 15 USU Huntsman School of Business credits (ACCT, BUS, FIN, MGT, MIS), numbered 2000 and above, earned as a nonbusiness major (before acceptance into the Huntsman School) can be applied to a Huntsman School degree. More than 15 business credits can be transferred from other accredited institutions. However, additional USU Huntsman School credits added to previously earned transfer business credits may not exceed a combined total of 15. Furthermore, to earn a bachelor's degree in a Huntsman School major, at least 50 percent of the required Huntsman School credits must be earned from coursework taken from the Utah State University Huntsman School of Business.

USU Credits and Business Credits

At least 30 of the last 60 semester credits must be taken from Utah State University, at least 20 of which must be completed in upper-division courses, of which at least 10 credits must be completed in courses required by the student's major. At least 50 percent of the Huntsman School of Business credits required for a Huntsman School degree must be taken from the Utah State University Huntsman School or its departments, which include: School of Accountancy, Economics and Finance, Management, and Management Information Systems.

Business Minor

A Business Minor  is administered by the Huntsman School of Business. For further information, students should contact (435) 797-2272.

Four-year Degree Plans (8 semesters)

Four-year degree plans for majors offered by the Department of Economics and Finance are available in the Department of Economics and Finance.

Students will need to meet with their advisor periodically to ensure all requirements are being met.

University Honors Program

See Honors in the Business description in the Huntsman School of Business  section.

Financial Support

The Department of Economics and Finance and the Huntsman School of Business award scholarships in addition to those available through the University Financial Aid Office. Information and application forms may be obtained from the college or departmental offices.

Additional Information

For more information about undergraduate programs in the Department of Economics and Finance, see the major requirement sheet, available from the department.

Graduate Programs

The MA and MS in Economics and the MS in Financial Economics are offered by the Department of Economics and Finance.


Economics graduate training emphasizes economic theory, critical thinking, and quantitative analysis.

The Master of Science and Master of Arts in Economics are intended to prepare students for doctoral studies in economics. Consequently, students are required to take a set of courses normally required for first-year PhD students.

The Master of Science in Financial Economics is designed as a terminal, professional degree in financial economics. The curriculum includes courses in the key areas of finance and the supporting areas of economics and quantitative methods. Its goal is to prepare students for a wide range of careers both within and outside the financial industry, including risk management, asset management, macroeconomic and financial forecasting, trading and financial and economics research.

Admission Requirements

Applicants must have earned a bachelor's degree from an accredited college or university, maintained a grade point average of at least 3.0 for the last 60 semester credits earned, and score in at least the 60th percentile on the Graduate Record Exam (GRE). In addition, international applicants from non-English-speaking countries must score at least 550 on the Test of English as a Foreign Language (TOEFL). Satisfaction of these minimum admission requirements does not guarantee admission. All applicants are expected to have: (1) an understanding of intermediate microeconomic and macroeconomic theory, (2) preparation in calculus, and (3) preparation in probability and statistics. Further, applicants to the Master of Science in Financial Economics program should have taken a course in corporate finance.

Master of Business Administration

A student may receive a Huntsman School of Business Master of Business Administration degree with a specialization in an economic field by completing the MBA advanced core (see the MBA program description ) and 9 specialization credits. These specialization credits should be coordinated with the MBA Program director.


The Department of Economics and Finance maintains an active and productive research program. The results of this research are published in professional journals, books, and technical reports. Financial support for the departmental research program is provided by the Huntsman School of Business, the Office of the Vice President for Research, and by a combination of public and private extramural sources. Graduate students are an integral part of departmental research programs.

Financial Assistance and Assistantships

The Department of Economics and Finance offers graduate assistantships to qualified graduate students. These are awarded on a competitive basis, and all accepted students are considered eligible. However, while the department makes every effort to assist students in obtaining financial assistance, acceptance into department programs does not guarantee financial assistance.

FACULTY - Jon M Huntsman School of Business   

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