Certificate in Financial Economics: This concentration provides students with a deep background in the institutions, theory, quantitative practice, and history of the important field of financial economics. Students completing this certificate are well prepared for a career in Wall Street or for graduate study in economics, quantitative finance or financial engineering. Besides the normal core courses for the economics major, students take four of the following courses as part of the seven electives required for the major. One of these is a required core course. There are specific grade requirements, including a minimum overall g.p.a. of 3.0 to receive the certificate, and a minimum B grade for all courses taken to satisfy the certificate requirements. In addition, students matriculating from Fall 2019 or later must take either 01:220:400, 444, or 481 as one of their electives to complete the certificate.
220:413 Financial Economics (formerly 393)
Electives (three courses)
220:400 Advanced Time Series and Financial Econometrics
220:414 Economics of Capital Markets (formerly 394)
220:415 Portfolio Theory
220:421 Economic Forecasting and Big Data
220:444 Financial and Monetary History of the United States (formerly 344)
220:481 Economics of Uncertainty
220:484 Market Discipline (formerly 408)
Faculty Adviser for the Certificate in Financial Economics: Lauren Demarco. Ms. Demarco has a BS in Finance from St. John’s University and an MS in Financial Engineering from Stevens Institute of Technology. She is a full time instructor in the Rutgers Department of Economics, teaching financial economics, economics of capital markets, portfolio theory, and energy economics. She is also an independent commodities trader with a focus on energy markets. Her experience includes quantitative finance, energy markets, energy economics and econometrics.