Academics

The CFE offers a suite of courses exploring finance as a primary driving force in the prosperity, poverty, and progress of individuals, firms, and nations. Students are welcome to take the courses à la carte, or to combine them to earn the financial economics minor. The CFE also offers two special courses, giving students unique opportunities to interact with faculty and alums in the finance industry.

Financial Economics Minor

To earn the Financial Economics minor, students must take the four required courses and two electives, but be aware that some of the required and elective courses have prerequisites. Except for the two Elements courses, the courses tend to be taught in a single section offered once per year, so you’ll need to plan ahead. To check on the latest developments in the minor go to the What’s up with the FE minor page.

Details: There is no Financial Economics major. One cannot pursue both the Economics minor and the Financial Economics minor. For economics majors taking the FE minor, there is a double-counting restriction: the two electives for the minor cannot count for the economics major. (There has been some murkiness about the specifics of this double counting restriction, but the issue is now settled as just stated.)

Required classes and usual term taught:

  • 180.101 Elements of Macro. (Fall)
  • 180.102 Elements of Micro. (Spring)
  • 180.263 Corporate Finance (Spring)
  • 180.367 Investments (Fall)

Note: 180.367 Investments has Statistics I and Micro. Theory (180.301) as prerequisites and Micro. theory requires Calculus I.

Regularly-offered electives:

  • 180.242 Intl. Monetary Econ. (Spring)
  • 180.261 Monetary Analysis (Fall)
  • 180.266 Financial Mkts. and Insts. (Spring)
  • 180.303 Topics in Intl. Macro. and Finance (Both)
  • 180.317 Econ. of Fixed Income Instruments (Spring)
  • 180.336 Macro. Strategies (Spring)
  • EN.660.203 Financial Accounting (Both)

Note: Some of the FE minor electives have prerequisites. For example, Macroeconomic Theory is required for both Macro. Strategies and Topics in International Macro. and Finance.

We regularly have special, one-time offerings of electives. For example, in the past we’ve offered,

  • AS.180.201 Behavioral Finance
  • AS.180.238 Rethinking Econ. After the Great Recession
  • AS.180.268 Seminar on Fi. Regulation
  • AS.180.307 Adv. Seminar in the Future of Finance
  • AS.180.308 Fi. Regulations in US

Special Courses

The CFE, working with other units, offers two nonstandard courses that we believe are uniquely valuable to students interested in finance.

AS.180.104 Seminar in Financial Literacy: This intersession course taught jointly with the CLE is a two-week seminar designed to introduce Hopkins undergraduates (especially freshman and sophomores) to the financial services industry. The goal is to provide an introduction to a variety of fields within finance, with a practical focus on exposing the students to employment options in the industry. The Seminar will consist of two weeks of lectures, delivered by distinguished Hopkins alumni, followed by a three-day trip to New York City during which the group visits many firms in the industry. By the end of the seminar, students should have developed an understanding of the structure and jargon of the financial services industry. This is also an incredible opportunity for undergraduates to connect with alumni who may be able to assist students with their pursuit of internships and full-time employment. Students must apply for this course – see the registration information.

AS.180.372 Finance and the Macroeconomy: Strange times breed innovation. A few years ago, we realized that the of bizarre and formerly unthinkable issues that are bubbling up almost daily in the financial world presented an opportunity. Why not get a broad range of interested folks together to try to make sense of the peculiar goings on? Known colloquially as the reality roundtable, this has grown into a large group of senior and junior faculty along with a number of both graduate and undergraduate students who meet over lunch to discuss the issues of the day. This group comprising folks from every level of the academic ladder is unique, and students and faculty alike are having conversations they never would have had in different context. A limited number of upper-level undergraduates can take this one hour course with Professor Faust’s permission.