Economics Finance & Management
Requirements
Economics Major Requirements
The economics major consists of 12 courses: 6 are required and 6 are elective.
Required Courses
· ECO 1011: Principles of Economics I: Introduction to Macroeconomics
· ECO 1012: Principles of Economics II: Introduction to Microeconomics
· ECO 2060: Economic and Business Statistics
· ECO 3001: Intermediate Macroeconomic Theory
· ECO 3002: Intermediate Microeconomic Theory
· ECO 3997: Senior Seminar
Elective Courses
Three courses having the ECO code, other than those listed as required for the major.
Senior Seminar
The seminar, offered only during the fall semester, requires research and the use of economic analysis. Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format. A grade of C- is the minimum standard for a successful senior evaluation. An elective at the 2000 level or higher may be substituted for the Senior Seminar; however, only students who take the Senior Seminar will be considered for departmental honors at graduation.
Note: a student who majors in economics major may not double major in management or finance.
Honors
To achieve department honors, a student must obtain a 3.5 average or better in courses taken in the department, a grade of B+ or higher in the senior seminar, and a very strong academic record overall.
Economics Minor Requirements
A Minor requires the completion of ECO 1011 and ECO 1012 plus any three other economics courses. Internships do not count in fulfilling minor requirements. Students who are not economics majors but wish to enroll in economics courses should note that the introductory sequence is a prerequisite for almost all electives.
Note: a student who majors in economics, finance, or management must select a minor offered by another department at the college.
Internship in Economics
Prerequisites: ECO 1011 and ECO 1012, ECO 3002 and at least one other economics course. No more than one internship will count in fulfillment of the major requirements.
Independent Study in Economics
Prerequisites: ECO 1011 and ECO 1012 and an overall G.P.A. of 3.00.
Finance Major Requirements
A major in finance requires 14 courses, 11 required and three elective.
Required Courses
· MGT 1002: Fundamentals of Accounting I*
· ECO 1011: Principles of Economics I: Introduction to Macroeconomics
· ECO 1012: Principles of Economics II: Introduction to Microeconomics
· ECO 2060: Economic and Business Statistics
· ECO 3001: Intermediate Macroeconomic Theory
· ECO 3002: Intermediate Microeconomic Theory
· MGT 1007: Computer Concepts with Business Applications or MAC 1075 Computers and Information Technology
· ECO 3020: Seminar in Money and Banking or ECO 2015 Money and Banking
· ECO 2018: Corporation Finance
· ECO3018: Seminar in International Finance and the Global Economy
· ECO 3997: Senior Seminar
Note: the computer science requirement is waived for students who take computer science as a minor area of study.
Elective Courses
· ECO 2003: Investment Analysis
· ECO 2005: Personal Finance
· ECO 2009: Public Finance and Public Policy
· ECO 2017: Economics and Finance of Health Care Policy
· ECO 3012: Portfolio Analysis
· ECO 2025: American Economic History or ECO 3075 Seminar in Contemporary Economic Issues
· ECO 2043: Business Conditions and Forecasting
· ECO 3008: Applied Econometrics
· MGT 1008: Fundamentals of Accounting II*
Note: A student who majors in financer may not double major in economics or management.
Internship in Finance
Prerequisites: Principles of Economics I and II, Money and Banking (or Seminar in Money and Banking), Economic and Business Statistics and Corporation Finance. No more than one internship will count toward major requirements.
Senior Seminar
The seminar, required of all finance majors, is offered only during the fall semester, and requires research and use of economic analysis. Research findings and conclusions will be presented in a senior thesis and discussed in a seminar format. A grade of C- is the minimum standard for a successful senior evaluation. An elective at the 2000 level or higher may be substituted for the Senior Seminar; however, only students who take the Senior Seminar will be considered for departmental honors at graduation.
Finance Minor Requirements
A Minor requires the completion of the following six courses:
· ECO 1011: Principles of Macroeconomics
· ECO 1012: Principles of Microeconomics
· MGT 1002: Fundamentals of Accounting I*
· ECO 2060: Economic Statistics
· ECO 3020: Seminar in Money and Banking or ECO 2015 Money and Banking
· ECO 2018: Corporation Finance
Note: a student who majors in economics, finance, or management must select a minor offered by another department at the College.
Certificate in Finance
(For Non-Matriculated Students Only)
The certificate program is designed for the individual who would like to pursue a career as a financial analyst or improve his or her skills at financial analysis. The program links a strong theoretical base with problem-solving techniques, enabling the student to apply his or her newly acquired knowledge.
Acceptance: In order to realize the program’s objectives, a student may be accepted only after he or she has demonstrated a basic knowledge of economics. This requirement may be satisfied through the completion of course work (ECO 1011 and ECO 1012), taking a test to demonstrate competence or previous experience. (Fulfilling the requirement through previous experience requires the approval of the chair of the department.) Granting of the Certificate: To be awarded the certificate in finance, the student must complete five required courses and one elective. An average of C+ must be maintained. No course with a grade of C- or lower will be accepted towards the certificate.
Management Major Requirements
A major in management is required to take 12 courses, 9 required and 3 elective.
Required Courses:
· MGT 1001: Fundamentals of Management*
· MGT 1003: Introduction to Marketing*
· MGT 1002: Fundamentals of Accounting I*
· MGT 1008: Fundamentals of Accounting II*
· MGT 1007: Computer Concepts with Business Applications* or MAC 1075 Computers and Information Technology
· ECO 1011: Principles of Economics I
· ECO 1012: Principles of Economics II
· ECO 2060: Economic Statistics
· ECO 3997: Senior Seminar
Note: A student who majors in management may not double major in either economics or finance. A student who majors in economics, finance, or management must select a minor offered by another department at the college.
The computer course requirement is waived for students who take computer science as a Minor.
Elective Courses:
In addition to the management-designated courses (coded MGT), a student may take any economics or finance course as an elective (any course coded ECO), except for ECO 3997.
Senior Seminar
The seminar is offered only during the fall semester. Students undertake research on a topic approved by the instructor and use management tools and techniques to reach conclusions. The results of the research project are presented in a senior thesis and discussed in a seminar format. A grade of C- is the minimum standard for a successful senior evaluation. . An elective at the 2000 level or higher may be substituted for the Senior Seminar; however, only students who take the Senior Seminar will be considered for departmental honors at graduation.
Management Minor Requirements
Six courses are required, as follows:
· ECO 1011: Principles of Economics I
· ECO 1012: Principles of Economics II
· MGT 1001: Fundamentals of Management*
· MGT 1002: Fundamentals of Accounting I*
· Two electives, one of which must be chosen within finance (selected from the list of electives for the finance major or ECO 2018, ECO 3017, or ECO 3020). The other elective may be from management, economics, or finance.
Internships do not count in fulfilling the minor requirements.
Note: a student who majors in economics, finance, or management must select a minor offered by another department at the college.
Internship in Management
Completion of all required 1000 level courses is a prerequisite for an internship. No more than one internship can count toward major requirements, though the college allows students to take as many as nine credits of internships in fulfilling a degree.
Independent Study in Management
Prerequisite: a minimum overall G.P.A. of 3.00 plus completion of Fundamentals of Management, Introduction to Marketing and Fundamentals of Accounting I and II.
Concentrations within the Management Major
Although not a requirement, a Management major may choose to concentrate in one of the following areas: human resource management; international management; or marketing.
Concentration in Marketing
Completion of the nine required courses for the management major and the completion of any three of the following:
· MGT 1020: Management of Technology*
· MGT 2006: International Marketing*
· MGT 2013: Integrated Marketing Communications*
· MGT 2017: Internet Marketing*
· MGT 2024: Consumer Behavior*
Note: Concentrations in International Management and Human Resources have their own sets of requirements and are listed separately from the management major.
Concentration in Human Resource Management
Required Management Courses for the Human Resource Concentration:
· MGT 1001: Fundamentals of Management*
· MGT 1002: Fundamentals of Accounting I*
· ECO 1011: Principles of Economics I: Introduction to Macroeconomics
· ECO 1012: Principles of Economics II: Introduction to Microeconomics
· MGT 1007: Computer Concepts with Business Applications*
· ECO 2060: Economic and Business Statistics
· ECO 3997: Senior Seminar
Elective Courses for the Human Resource Concentration:
Students may select any 5 courses from the following list.
All courses are 3 credit hours unless otherwise noted.
· MGT 1005: Management of Human Resources*
· MGT 1006: General HR Employment Practices*
· MGT 2015: Organizational Behavior* or PSY 2006: Industrial Organization Psychology
· MGT 2018: Staffing, Safety and Training and Development*
· MGT 2021: Compensation and Benefits*
· MGT 2022: Employee and Labor Relations*
· MGT 2025: Human Resource Management in the Public Sector
· MGT 2030: Project Management*
· MGT 2032: International Human Resource Management
Related Elective Courses for the Human Resource Concentration:
The following courses have a strong relationship with human resource management. While they do NOT count toward the concentration in management, they could be taken as part of a minor in another department or as part of a second major:
· PSY 1004: Fundamentals of Psychology
· PSY 2009: Social Psychology
· PSY 2018: Drug Use and Abuse
· PSY 3006: Psychopathology
· PSY 3049 Health Psychology
· PSY 3047: Discrimination, Stereotyping and Prejudice
· PSY 3020: Cross-Cultural Psychology
· PSY 3013: Psychology of Relationships
· SOC 1001: Introduction to Sociology
· SOC 2015: Women and Work
· SOC 2021: Race and Ethnicity
· SOC 2031: Sociology of the Family and Sex Roles
· SOC 2034: Sexuality and Society
· SOC 2077: Social Problems
· SOC 3023: Racial Oppression
· SOC 3073: Women and the Law
· SOC 3088: Images of Women
Concentration in International Management
In an age distinguished by the proliferation of transnational enterprises, an international manager must be familiar with the wide range of political, linguistic and cultural forces that shape the international marketplace. The objective of the international management concentration is to prepare the student for the globalized economy. By drawing upon Manhattanville’s considerable strength in foreign languages and area studies, the concentration allows the student to situate economic and management studies within a geographical and cultural context.
Graduates with a concentration in international management may find employment in a wide variety of fields such as international business based in the U.S. or abroad, international banking or as a liaison for international governmental/ commercial organizations. This program is greatly enhanced by the college’s proximity to the major financial institutions and multinational corporations based in New York City and Westchester County.
Requirements for International Management Concentration
A management major who concentrates in international management is required to take 11 courses, 8 required and 3 electives.
· ECO 1011: Principles of Economics I: Introduction to Macroeconomics
· ECO 1012: Principles of Economics II: Introduction to Microeconomics
· ECO 2060: Economic and Business Statistics
· MGT 1001: Fundamentals of Management*
· MGT 1002: Fundamentals of Accounting I*
· MGT 1003: Introduction to Marketing*
· ECO 3020 Seminar in Money and Banking or ECO 2015: Money and Banking
· ECO 3997: Senior Seminar: An elective at the 2000 level or higher may be substituted for the Senior Seminar; however, only students who take the Senior Seminar will be considered for departmental honors at graduation.
Elective courses:
Two of the following:
· MGT 2006: International Marketing*
· MGT 2007: International Management*
· ECO 3035: Seminar in International Business
One of the following:
· ECO 3016: International Trade and Development
· ECO 3018: Seminar in International Finance and the
· Global Economy
Note: International management cannot be taken as a Minor.
Language requirement for the international management concentration
A minimum of four semesters or two semesters beyond the introductory level are required, as defined by the language departments. There are no exceptions to this requirement; students claiming prior competence in language are required either to take advanced level courses as determined by that language department or to commence the study of another foreign language. Languages study at Manhattanville applicable to this program includes French, Spanish, German, Italian and Japanese.
Area studies requirement for the international management concentration
Students are required to take three area study courses relating to Latin America, Africa, Asia, or Europe. Courses that focus on an ethnic or cultural Diaspora with the United States do not satisfy the area studies requirement. Please see an advisor within the department if you have questions about this. Area studies courses may be spread over more than one area; it is not required that these courses relate to the language area. Courses may double-count with the college-wide global perspectives portfolio requirement.
Students are encouraged to pursue internships, but may not substitute credit earned in this way for the economics and management requirements. Study abroad in the area of interest is highly recommended.
Note: students who major in management witht a concentration in international management must select a minor offered by some other department at the college.
Music Major with Concentration in Music Management
Requirements for a Music major with concentration in Music Management are set forth below in the Music Department section.
Certificate in Management
(For non-matriculated students only)
The certificate program is especially designed for people with little or no business experience who wish to develop managerial skills. It is particularly useful for those who wish to enter the job market.
Granting the Certificate
To be awarded the certificate in management the student must complete three required courses and two electives. An average of C+ must be maintained. No course with a grade lower than C will be accepted towards the certificate.
Required Courses for the Certificate:
· MGT 1001: Fundamentals of Management*
· MGT 1002: Fundamentals of Accounting I*
· MGT 1003: Introduction to Marketing*
Elective Courses for the Certificate:
Completion of any two of the following:
· MGT 1004: Principles of Entrepreneurship*
· MGT 1005: Management of Human Resources*
· MGT 2006: International Marketing*
· MGT 2015: Organizational Behavior*
It is strongly recommended that students take Principles of Economics I and II.
The required courses are designed to allow the student to assume the general responsibilities of a manager. The topics students will discuss are the basic tools of management, analysis of financial statements and marketing a product. The elective courses permit the student to obtain a deeper knowledge of particular aspects of management.
The certificate program can be completed, in most cases, in one year. The college has established a four year time limit for the completion of course work for the certificate.
Note: the certificate is granted only to non-matriculated students.