Department of Accounting, Economics, and Finance

The Department of Accounting, Economics and Finance offers distinctive programs preparing students for careers in business, government and nonprofit sectors.

Accounting

  • Accounting is the language of business. Accountants provide information necessary for evaluating past performance, present operations, and planned future activities for every type of organization. A degree in accounting prepares you for careers in industry, small business, banking, large operations, non-for-profit organizations, and governmental agencies of all types at the local, state, and national levels. In addition, a degree in accounting meets many of the specific educational requirements for taking the certified public accountant exam and prepares students for careers in public accounting. An accounting career enables a person to grow professionally and to advance to responsible positions while exercising considerable independence of thought and judgment.

Economics

  • Economics prepares students for careers in industry, financial services or government, and for graduate study in law, business, and economics. Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts. They apply economic theory to endeavors such as banking, finance, manufacturing, education, law, insurance, health, criminal justice, natural resources, and telecommunications.

Finance

  • The Finance major prepares students to analyze and use financial data. Careers in finance require strategic decisions made by drawing on a knowledge of accounting, economics, regulation, and risk. Finance majors choose from three possible concentrations: General Finance, Financial Services and Risk Management, and Real Estate.  The emphasis in all concentrations is on the analytical and decision-making aspects of Finance. In their senior year, Finance majors have the opportunity to help manage the $500,000 Ford Investment Trust.

Because of the focus on data analysis, practical applications, and strategic decision-making, majors in Accounting, Economics, and Finance earn salaries well above the average major, according to the National Center for Education Statistics.

AEF annual salary chart