International Banking & Finance
The major in International Banking and Finance is designed to promote an appreciation of the financial system and the financial decision-making process as determinants of the economic wealth of individuals, business enterprises, and nations. The Program stresses both the area of financial economics (studying the behavior of traders in financial markets and the determinants of price formation) and of financial management (studying business practices useful in devising strategies to attain financial goals). In an environment of high capital mobility and integrated financial markets, an international perspective is essential to the understanding of the opportunities and risks in the global arena. Throughout the Program special attention is given to the process of globalization of banking services and financial markets, and to the changes following the introduction of the Euro. This major provides the knowledge and skills for employment in the financial division of commercial and industrial businesses, or in the banking and financial services sector. It also prepares students for graduate study in business administration, economics, and finance. CORE REQUIREMENTS (42 Credits) First Year Seminar
ENG 100 Writing in the Humanities
HIS 100 and HIS 101 Western Civilization, I and II
or
HIS 104 and HIS 105 Global History, I and II
FRE/GER/ITA 100 Introductory Language I
FRE/GER/ITA 101 Introductory Language II
FRE/GER/ITA/SPA 200 Intermediate Language I
FRE/GER/ITA/SPA 201 Intermediate Language II
FRE/GER/ITA/SPA 300 Advanced Language I
FRE/GER/ITA/SPA 301 Advanced Language II
Computer course
Science course
Literature course
Art History or Studio Art or Music course ACADEMIC TRAVEL (6 Credits) Participation in six Academic Travel Programs forms part of the graduation requirements for all students at Franklin College (students with advanced standing or transfer coursework entering with 12 – 18 credits must participate in five Academic Travel Programs and those entering with 19 credits or higher must participate in four with remaining credits substituted by electives). MAJOR REQUIREMENTS (51 Credits) Lower-division requirements: 24 Credits | Take the following eight courses: | | ECN 100 | Principles of Macroeconomics | | ECN 101 | Principles of Microeconomics | | BUS 115 | Financial Accounting | | MAT 200 | Calculus | | MAT 201 | Introduction to Statistics | | ECN 225 | Issues and Controversies in Macroeconomics | | ECN 256 | Managerial Economics (Intermediate Microeconomics) | | BUS 326 | Managerial Finance | Upper-division requirements: 27 Credits | (a) Take the following four courses: | | ECN 325 | Money, Banking and Financial Markets | | ECN 328 | International Banking and Finance | | ECN 365 | Investment Analysis I | | ECN 366 | Investment Analysis II (Corporate Finance) |
(b) Take four of the following courses: | | ECN 303 | Development Economics | | ECN 305 | The Economics of the European Union | | ECN 320 | Game Theory, Information and Contracts | | ECN 341 | International Economics | | ECN 350 | Industrial Organization in the European Union | | ECN 387 | Introduction to Econometrics | | ECN 494 | Internship in International Banking and Finance (by department permission only) | | ECN 495 | Senior Research Project in International Banking and Finance (by department permission only) |
(c) Take one of the following courses: | | BUS 306 | Quantitative Methods & Dynamic Forecasting | | BUS 415 | Country Risk Assessment | | BUS 426 | International Financial Management | GENERAL ELECTIVES (27 Credits) Complete nine courses from any academic discipline.
| 
