To complete the Certificate in Finance, students must complete a total of five courses, including two core courses and three electives, at level 300 or higher, and independent work in finance. Students must earn a minimum grade of C+ averaged over the two core courses and three elective courses. All courses and independent work must be completed by the end of a student’s senior year.
The two core courses are:
ECO 362: Financial Investments
This course surveys the field of investments with special emphasis on the valuation of financial assets. Issues studied include how portfolios of assets should be formed, how to measure and control risk, how to evaluate investment performance and how to test alternative investment strategies and asset pricing models.
ECO 363: Corporate Finance
This course investigates the financing decisions of companies and financial institutions in the wider context of the workings of financial markets. Topics include capital budgeting, capital structure choice, risk management, liquidity, corporate governance, and the interactions between corporate finance and the workings of financial institutions and markets.
The three elective courses may be chosen from among two lists of elective courses. ECO and ORF majors must select at least two of their three elective courses from List 1. All other concentrators must select at least one of their three elective courses from List 1. The program representative must approve a coherent plan of study that involves elective courses outside the pre-approved list.
Independent Work Requirement
The preferred way to satisfy the independent work requirement of the certificate is for a student’s senior thesis, in their chosen concentration, to include significant finance content, meaning that a substantial component of the thesis (at a minimum a separate chapter of the thesis) involves issues or methods drawn from finance.
If there is no possibility of including finance content in a student’s senior thesis, a separate, shorter piece of independent work is required. Students should consult with the BCF Academic Administrator Melanie Heaney-Scott to discuss this possibility and receive approval to satisfy the IW requirement in the form of either:
- A junior paper, written in the student’s department, which contains significant finance content.
- An independent paper, completed during the student’s senior year, which must be about a finance topic. Please contact the BCF Academic Administrator Melanie Heaney-Scott to be paired with an advisor. Independent papers should be at least 15 pages long.
Students may use the same independent work, including senior thesis, junior paper, or independent paper to fulfill the finance certificate independent work requirement plus one other (department’s requirement, or a different certificate’s requirement), but not more than one other.
Other Common Questions
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