Finance and Economics
The faculty and staff of the Department of Finance and Economics welcome you to our homepage. Located in the College of Business Administration, the Department of Finance and Economics is home to economists with a wide variety of specialties and interests. Our goal is to provide high quality instruction and service supported by an active agenda of applied and basic research. The Department is committed to preparing the graduates for professional challenges of the 21st century.
According to the 2012 salary survey by the National Association of Colleges and Employers, graduates with a degree in economics commanded the highest starting salaries of all business school majors. The average offer for economics graduates was $54,400—up 6.3 percent over the average posted in 2010. Other majors listed included finance ($48,300) and accounting ($50,500).
The Department of Finance and Economics at Georgia Southern University is dedicated to providing students with the foundation for careers in business, economics, law, public policy, and regional development. In addition, we provide those students who are interested in continuing their education in graduate school with a strong foundation to successfully pursue a Masters or Doctorate. Our department offers four undergraduate degrees: the Bachelor of Business Administration (BBA) degree in finance, the Bachelor of Business Administration (BBA) degree in economics, the Bachelor of Business Administration (BBA) degree in regional economic development, and the Bachelor of Arts (BA) degree in economics. We also offer an online Masters of Science degree in Applied Economics. This website lets you meet the faculty, view the curriculum and learn of the many interesting activities in which both our students and faculty are engaged.
What Is Finance?
According to Webster’s dictionary, “finance” is the science of managing money. In that context, finance is the art and science of managing money in a business or in a family. Modern finance encompasses a number of specialty areas, loosely assembled around the end customer. Corporate finance focuses on business finance, personal finance focuses on individuals, and financial services focuses on the management of financial intermediaries such as banks, insurance companies and brokerage firms.
Why Major in Finance?
Finance offers many professional opportunities. Every small business person is, of necessity, a finance practitioner, while every major corporation has a finance division. Job opportunities abound in both the for-profit business arena and the not-for-profit sector.
Financial services firms such as banks and insurance companies employ millions throughout the United States, and millions more are employed abroad. Finance majors frequently find employment in these firms in a variety of different capacities, ranging from loan officers to insurance underwriters to stock brokers.
With the aging of the baby boomer generation in this country, there has been an increase in the demand for finance specialists who can advise individuals on their personal financial planning needs. Individuals seeking a career in the financial planning industry learn a variety of specialties, including financial markets and investments, portfolio management, real estate, insurance, and tax strategies.
The major in finance has been designed to provide the student with a variety of concepts and techniques that can be applied in all financial situations, as well as specialized study in particular fields.
Our program offers courses in various fields within the finance discipline, including real estate, insurance, banking and regional financial planning.
In addition, we offer course work in the traditional areas of investment, financial institutions, and international finance. The broad array of courses allow each student to design a program of study that suits his or her career plans.
What Is Economics?
The science of economics was born out of a pervasive problem that all societies and individuals confront: we do not have enough resources to obtain everything we want. As a consequence, we are forced to choose how to best allocate our scarce resources. Whether studying how our government should allocate tax revenues, how business should combine resources to produce goods and services, or simply how to spend our monthly income, economics comes into play. Economics provides the logical structure used in understanding the big picture, and the problem solving skills that economics graduates learn are always in demand by employers. Economics includes the study of labor, land, production, money, taxes, and government expenditures. Economics students learn methods that can be applied to countless industries and occupations. For that reason, it is the broadest of the business disciplines.
Why Major in Economics?
The economics program at Georgia Southern University provides students a broad knowledge of the analytical tools used by economists and provides a foundation for careers in business, economics, finance and law. Economics majors study the different areas of economics such as labor economics, international trade, health economics, econometric analysis, and law and economics, among others. The breadth of this degree allows maximum flexibility and prepares graduates to enter a wide variety of occupations or attend professional or graduate study in business, law, economics, government, or finance.
Why Earn a Master of Science in Applied Economics?
Our Online Master of Science in Applied Economics (MSAE) program objective is to provide graduates with analytical capabilities in economic development, financial economics, and regulatory issues. The skills and competencies addressed by this program include market analysis, quantitative analysis, regulatory industry analysis, financial economics and economic development. These capabilities represent a unique combination of skills that are needed within society.
The program provides the quantitative and analytical skills for graduates to assist businesses in market analysis including: quantitative, regulatory, and economic development. Graduates will be able to compete for employment in financial institutions, industry, and government enterprises engaged in financial economic development, public utilities and federal and state regulatory agencies.
Professionals have the opportunity to continue their education while maintaining full-time employment, wherever they may be located in the U.S.A., Canada, and U.S. Military Installations. Full-time students can accept a job and complete their degree off campus. Our program is fully accredited by the AACSB International – The Association to Advance Collegiate Schools of Business. Our classes are small, and typically have from 8-15 students per class. The online MSAE program provides
- Schedule and location flexibility (virtually anywhere)
- Two-year curriculum
- Engage in simulations, discussions and multimedia presentations
- No on-campus visit requirement
Why Choose the Graduate Certificate in Applied Economics?
The Graduate Certificate in Applied Economics (GCAE) allows students to meet the SACSCOC faculty credentials requirement of 18 graduate hours in the economics, without completing the 30 hours required for the Online Master of Science in Applied Economics (MSAE). The GCAE program provides graduates with analytical capabilities in theoretical and applied economics. After completing the nine credit core, students have a choice of courses that provide skills in market analysis, quantitative analysis, regulatory industry analysis, financial economics and economic development. These capabilities represent a unique combination of skills that are needed within society.
The GCAE provides professionals with the opportunity to continue their education while maintaining full-time employment, wherever they may be located in the U.S., Canada, or U.S. Military Installations. Our classes are small, and typically have from 8-15 students per class. The online program provides
- Schedule and location flexibility (virtually anywhere, anytime)
- One-to-two year curriculum
- Engage in simulations, discussions and multimedia presentations
- No on-campus visit is requirement
Why the College of Business at Georgia Southern University?
- International accreditation from the AACSB
Only institutions with proven track records of academic excellence are able to obtain this important stamp of approval, so you can count on receiving a high quality educational experience.
Georgia Southern provides a student-centered environment led by administrators and faculty and staff who genuinely care about your success.
- Interaction with faculty and business leaders
Our classes are taught by qualified professors, not graduate students, and class sizes are often small. Regional and national speakers come to campus regularly to participate in our annual Executive-in-Residence programs.
- First-rate facilities and computer labs
The Department of Finance & Economics is housed in the College of Business Administration building, which has state-of-the-art multi-media classroom facilities and four computer labs with the latest technology.
Internships help you better integrate academic knowledge with practical applications. Exposure to finance or economic practices and business environments can also help you decide which career path is right for you and help jumpstart your career before entering the workforce on a permanent basis. Finance and economics students have recently been offered internships by
St. Joseph Healthcare, Savannah,
Lee, Hill, Johnston, Insurors, Statesboro,
Ameriprise Financial, Statesboro & Savannah,
Enterprise Rent-A-Car, Roswell,
World Trade Center, Savannah,
LeasePlan USA, Alpharetta,
Eagle Martin & Associates, Marietta,
Edward D. Jones, St Simons & Dacula,
Adams MotorSports, Statesboro,
CFO Services, Dublin, IR,
Georgia Bank & Trust, Augusta,
Stifel Nicholaus & Company, Denver CO,
AgSouth, ACA, Statesboro,
Core Credit Union, Statesboro,
Senator Johnny Isakson Office, Washington, DC,
Center for Excellence in Banking, Statesboro,
Neff Rentals, Savannah,
Monarch Ventures, Charlotte, NC,
Susan E. Nubern, CPA, Statesboro,
Congressman Jack Kingston, Savannah & Washington, DC,
Northwestern Mutual, Statesboro and Savannah,
Sea Island Bank,
Durden Banking Company, Twin Cities, GA,
First Southern National Bank, Statesboro, and
PNC Corporation (parent company of Pittsburgh National Bank) Pittsburgh.