Financial & Business Economics BA Honours
Honours Degree Overview: Four Years
The Financial and Business Economics program combines a rigorous quantitative and analytical approach with practical application designed for students who are particularly interested in careers in the financial sector or pursuing graduate education in financial economics. This highly structured program provides a broad understanding of the economic framework upon which financial theory is based. Through a blend of economic theory and applied tools of modern finance, students develop a solid knowledge of the microeconomic principles underlying financial markets and instruments, the macroeconomic role of finance, and the quantitative tools commonly used for analyzing financial markets.
In the first year, you will familiarize yourself with the university environment, complete foundational general education courses, and delve into fundamental courses in economics.
Suggested Course Enrolment Plan:
| Fall Term | Winter Term | |
|---|---|---|
| AP/ECON 1000 3.0: Introduction to Microeconomics | AP/ECON 1010 3.0: Introduction to Macroeconomics | |
| AP/ECON 1530 3.0: Introductory Mathematics for Economists I | AP/ECON 1540 3.0: Introductory Mathematics for Economists II |
Anytime in Year 1
- AP/ECON 1280 3.0: Principles of Risk Management and Insurance or AP/ITEC 1010 3.0: Information and Organizations
- SC/MATH 1581 3.0: Business Mathematics I
- General Education Requirements (21 Credits in total, 6.0 in NATS, 6.0 or 9.0 in SOSC, and 6.0 or 9.0 in HUMA)
- 12.0 credits General Education courses
Anytime in Year 1 to 4
- 18.0 credits Outside Major, 3.0 credits Free Choice
- Prerequisites: Students are expected to have the necessary pre- or corequisites completed in order to enrol in any course
- You must take and successfully complete ECON 1000 before (not after and not at the same time as) ECON 1010
- You must take and successfully complete ECON 1530 before (not after and not at the same time as) ECON 1540
In the second year, you will build upon the foundational knowledge acquired in your first year to prepare for elective courses and advanced studies in Financial and Business Economics.
Suggested Course Enrolment Plan:
| Fall Term | Winter Term | |
|---|---|---|
| AP/ECON 2300 3.0: Intermediate Microeconomic Theory I | AP/ECON 2350 3.0: Intermediate Microeconomic Theory II | |
| AP/ECON 2400 3.0: Intermediate Macroeconomic Theory I | AP/ECON 2450 3.0: Intermediate Macroeconomic Theory II | |
| AP/ECON 2500 3.0: Introductory Statistics for Economists I | AP/ADMS 2510 3.0: Introduction to Management Accounting | |
| AP/ADMS 2500 3.0: Introduction to Financial Accounting |
Anytime in Year 2
- General Education Requirements (21 Credits in total, 6.0 in NATS, 6.0 or 9.0 in SOSC, and 6.0 or 9.0 in HUMA)
- 9.0 credits General Education courses
Anytime in Year 1 to 4
- 18.0 credits Outside Major, 3.0 credits Free
- Prerequisites: You must take and successfully complete ECON 1000, ECON 1010, ECON 1530, and ECON 1540 before ECON 2300 and ECON 2400
- You must take and successfully complete ECON 2300 before (not after and not at the same time as) ECON 2350
- You must take and successfully complete ECON 2400 before (not after and not at the same time as) ECON 2450
- You must take and successfully complete ECON 1000, ECON 2500, and ADMS 2500 before ADMS 2510
In the third year, you will explore specialized fields in Financial and Business Economics and pursue your specific interests within the discipline.
Suggested Course Enrolment Plan:
| Fall Term | Winter Term | |
|---|---|---|
| AP/ECON 3430 3.0: Monetary Economics I: Financial Markets and Institutions | AP/ECON 3440 3.0: Monetary Economics II: Theory and Policy |
Anytime in Year 3
- AP/ECON 3210 3.0: Use of Economic Data
- AP/ECON 3580 3.0: International Monetary Economics
- 6.0 credits at the 3000 level and 3.0 credits at any level from the FBEC course list
Anytime in Year 1 to 4
- 18.0 credits Outside Major, 3.0 credits Free
- Prerequistes: You must take and successfully complete ECON 2500 before (not after and not at the same time as) ECON 3210
In the fourth year, you will have the opportunity to choose from a variety of elective courses offered in small-size classes.
Suggested Course Enrolment Plan:
| Fall Term | Winter Term | |
|---|---|---|
| AP/ECON 4400 3.0: Financial Economics I | AP/ECON 4410 3.0: Corporate Finance | |
| AP/ECON 4140 3.0: Financial Econometrics |
Anytime in Year 4
- 9.0 credits at the 4000 level from the FBEC course list
Anytime in Year 1 to 4
- 18.0 credits Outside Major, 3.0 credits Free
- Prerequisites: You must take and successfully complete ECON 3210 before (not after and not at the same time as) ECON 4140
- You must take and successfully complete ECON 4400 before (not after and not at the same time as) ECON 4410
The program leads to a BA Specialized Honours degree in Financial and Business Economics.
This is a suggested course enrolment plan. Students should use this worksheet in addition to their Degree Planning Worksheet, the University Academic Calendar, and the Degree Progress Report for degree planning.
Honours BA (120-credit) degree program graduation requirement: Students must successfully complete (pass) at least 120 credits that meet the Faculty's degree and program requirements with a cumulative GPA of at least 5.00 (C+).
Upper-Level Course Requirements: At least 36.0 credits must be at the 3000 or 4000 level, including at least 18 credits at the 4000 level.
Many students choose to take a lighter course load in their first year, typically taking fewer than 30 credits, yet manage to complete their degree in four years by enrolling in summer courses.
Transfer students should discuss their schedule with an academic advisor.
Academic Advisors can assist with questions about your program and general degree requirements as well as other issues you may be encountering (e.g., academic penalties, transfer credits, petitions, program changes, as well as degree and general education requirements). You should meet with an academic advisor at least once a year.
Students starting in Winter term would take their first term courses in the Winter term and their second term courses in the Summer term or in the following Fall term.
Students can enrol in the optional LA&PS Co-Op Program as early as their second year.