DATE: October 5, 2007

TO: Academic Affairs Committee of the Academic Senate

FROM: Denise Wilson, Chair, Graduate Curriculum Committee

Kimberly Nance, Director of Graduate Studies

RE: Executive Summary -- Financial Economics Sequence within the

M.A., M.S. in Applied Economics

This sequence is a collaborative and interdisciplinary effort of the Departments of Economics and Finance, Insurance and Law. It is designed to serve students preparing for careers in an area of growing opportunity. The new sequence requires 34 hours of course work from the two departments: 22 hours of graduate work in Economics, 8 hours in Finance, Insurance and Law, and 4 elective hours within or outside Economics.

No new resources will be required for this sequence as course coverage will be provided by existing faculty from the two departments.  All courses included in this sequence are already in place.  Recognizing them as part of a formal sequence will make them more visible as students seek employment.