Economics and Finance
Economics
Economics is the study of how society manages and allocates scarce resources.
Click the arrow for more informationBachelor of Science (B.S.) in Economics
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
16 hours |
| Year 1: Semester 2 |
|
14 hours |
| Year 2 total | 32 hours |
|
| Year 2: Semester 1 |
|
16 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 30 hours | |
| Year 3: Semester 1 |
|
15 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
|
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 122 hours |
Bachelor of Arts (B.A.) in Economics
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
15 hours |
| Year 1: Semester 2 |
|
15 hours |
| Year 2 total | 32 hours |
|
| Year 2: Semester 1 |
|
16 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 30 hours | |
| Year 3: Semester 1 |
|
15 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
|
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 122 hours |
For students transferring with an Associates degree
Economics Transfer Path
Contact Transfer Admissions for information about course equivalencies and transfer credit. This timeline is meant to serve as a guide and assumes students have taken the following courses or their equivalents during their community college career:
- ACC 200 Principles of Financial Accounting
- ECO 230 Principles of Macroeconomics
- ECO 231 Principles of Microeconomics
- CSC199 Introduction to Information Technology
- MAT 220 or 250 Business Calculus or Calculus I
Electives and minor requirements may be taken at any time with advisor consent.
| Semester | Courses |
|---|---|
| Year 1: Fall |
|
| Year 1: Spring |
|
| Year 2: Fall |
|
| Year 2: Spring |
|
- The major accounts for 27 of the required 42 upper level electives.
- Students need 120 total hours with a minimum GPA, overall and in the major/minor, of 2.0 to graduate from Murray State.
- 40 hours of course work must be taken at Murray State.
Finance
Finance prepares students for careers in banking, corporate finance, investment management, financial planning and more.
Bachelor of Science in Business (B.S.B.) Area: Finance
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 29 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
BUS 355 Information Syst. And Decision Mak(3 hours) Limited Finance Elective (3 hours) Limited Finance Elective (3 hours) Unrestricted elective (3 hours) Unrestricted elective (3 hours) |
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 120 hours |
Bachelor of Arts in Business (B.A.B.) in Finance
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 29 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
|
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 120 hours |
Bachelor of Science in Business (B.S.B) Area in Finance/Commercial Banking
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 29 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
BUS 355 Information Syst. And Decision Mak(3 hours) FIN 350 Intro to Counter Threat Fin. Method (3 hours) FIN 537 Commercial Banking (3 hours) Unrestricted elective (3 hours) Unrestricted elective (3 hours) |
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 120 hours |
Download B.S.B. in Finance/Commercial Banking course path as pdf
Bachelor of Arts in Business (B.A.B.) Area in Finance/Commercial Banking
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 29 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 30 hours | |
| Year 4: Semester 1 |
|
15 hours |
| Year 4: Semester 2 |
|
15 hours |
| Total program | 120 hours |
Download B.A.B. in Finance/Commercial Banking course path as pdf
Bachelor of Science in Business (B.S.B.) Area in Finance/Financial Planning
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 32 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
18 hours |
| Year 4 total | 27 hours | |
| Year 4: Semester 1 |
BUS 355 Information Syst. And Decision Mak(3 hours) ACC 302 Federal Income Tax (3 hours) ECO 305 Money and Banking(3 hours) FIN 338 Estate Planning (3 hours) Unrestricted elective (3 hours) |
15 hours |
| Year 4: Semester 2 |
|
12 hours |
| Total program | 120 hours |
Download B.S.B. in Finance/Financial Planning course path as pdf
Bachelor of Arts in Business (B.A.B) Area in Finance/Financial Planning
| Semester | Courses | Total hours |
|---|---|---|
| Year 1 total | 30 | |
| Year 1: Semester 1 |
|
14 hours |
| Year 1: Semester 2 |
|
16 hours |
| Year 2 total | 31 hours |
|
| Year 2: Semester 1 |
|
15 hours |
| Year 2: Semester 2 |
|
16 hours |
| Year 3 total | 32 hours | |
| Year 3: Semester 1 |
|
14 hours |
| Year 3: Semester 2 |
|
15 hours |
| Year 4 total | 27 hours | |
| Year 4: Semester 1 |
|
15 hours |
| Year 4: Semester 2 |
|
12 hours |
| Total program | 120 hours |
Download B.A.B. in Finance/Financial Planning course path as pdf
For students transferring with an Associates degree
Finance Transfer Path
Contact Transfer Admissions for information about course equivalencies and transfer credit. This timeline is meant to serve as a guide and assumes students have taken the following courses or their equivalents during their community college career:
- ACC 200 Principles of Financial Accounting
- ACC 201 Principles of Managerial Accounting
- ECO 230 Principles of Macroeconomics
- ECO 231 Principles of Microeconomics
- CSC 199 Introduction to Information Technology
- MAT 220 or 250 Business Calculus or Calculus I
- MAT 135 or CIS 243 and 343 Introduction to Probability and Statistics or Business Statistics
Electives and minor requirements may be taken at any time with advisor consent.
| Semester | Courses |
|---|---|
| Year 1: Fall |
|
| Year 1: Spring |
|
| Year 2: Fall |
|
| Year 2: Spring |
|
- Students must take 4 FIN electives in their final three semesters at Murray State. These can be taken at any time.
- Students must complete the Business core, these courses can be taken at any time.
- Students need 120 total hours with a minimum GPA, overall and in the major/minor, of 2.0 to graduate from Murray State.
- 40 hours of course work must be taken at Murray State.
Financial Planning Transfer Path
Contact Transfer Admissions for information about course equivalencies and transfer credit. This timeline is meant to serve as a guide and assumes students have taken the following courses or their equivalents during their community college career:
- ACC 200 Principles of Financial Accounting
- ACC 201 Principles of Managerial Accounting
- ECO 230 Principles of Macroeconomics
- ECO 231 Principles of Microeconomics
- CSC 199 Introduction to Information Technology
- MAT 220 or 250 Business Calculus or Calculus I
- MAT 135 or CIS 243 and 343 Introduction to Probability and Statistics or Business Statistics
Electives and minor requirements may be taken at any time with advisor consent.
| Semester | Courses |
|---|---|
| Year 1: Fall |
|
| Year 1: Spring |
|
| Summer |
|
| Year 2: Fall |
|
| Year 2: Spring |
|
- Students must complete the Business core, these courses can be taken at any time.
- Students need 120 total hours with a minimum GPA, overall and in the major/minor, of 2.0 to graduate from Murray State.
- 40 hours of course work must be taken at Murray State.
Graduate Programs in Economics
Your program tailored to your career goals
Students in the Department of Economics and Finance have a wide choice of curricula offered by highly qualified faculty members, most of whom hold the doctorate degree. The department offers a major in economics for those students who wish to pursue a traditional liberal arts education containing a mixture of business and non-business classes outside the Arthur J. Bauernfeind College of Business. This option may be especially attractive for pre-law students. The flexibility of the economics major allows students to tailor the program to their career goals or for further graduate study. It is also one of the approved majors for teaching the social sciences. In such cases the required minor and non-economics electives should be carefully selected in consultation with a departmental advisor. The department offers minors in economics, business economics and international economics. The department also supports a minor in Secondary Social Studies for those students seeking secondary certification in social studies (grades 8-12). This minor combined with the economics major, increases the probability for success on the PRAXIS examination.
The department offers an area in finance that prepares a student to operate in a variety of career paths, including banking, corporate finance, investments, securities analysis, and financial services. Students successfully completing requirements for the area in finance are prepared to successfully transition into a business environment or to continue on to graduate studies in finance or other areas of business. In addition to the area in finance, the department offers an area in finance with an information systems option and an area with a financial planning option. The first area of study provides finance professionals with advanced skills that allow them to easily interact with information system professionals at all levels in both financial and non-financial corporations. The financial planning option is an area in which many career opportunities exist, is approved by the Certified Financial Planning Board of Standards, and provides students with the background necessary to be allowed to take the test for CFP certification. The department also offers a minor in finance for non-business students. Each area of specialization provides preparation for a variety of employment opportunities or serves as a basis for graduate study. Electives are available to prepare qualified students for positions calling for skills in financial analysis in both the private and public sectors of the economy.
Also located in the department are the Center for Economic Education, Center for Banking and Finance, and the Center for Financial Planning. The Center for Economic Education provides materials and aid to area school systems in incorporating economics into the K-12 curriculum. The Center of Banking and Finance at Murray State University is dedicated to serving current and future financial services professionals by developing and maintaining strong relationships between Murray State and area financial institutions, and by developing internship and permanent employment opportunities available to Murray State students. The new Center for Financial Planning prepares aspiring Certified Financial Planner for the certification examination in a nine-month online program.