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The Department of Economics, Finance, and Global Business, in our AACSB-accredited Cotsakos College of Business, prepares students to succeed in a wide range of careers in business or government, including banking and financial institutions, as well as to compete in diversified global markets and internationally oriented enterprises.
Alumni in business are employed in or in graduate school within 6 months after graduation
Average starting salaries in Economics, Finance, and Global Business (NACE)
Noteworthy Economics, Finance, and Global Business Jobs and Mid-Career Salaries with 8+ Years of Experience (PayScale)
The major in economics provides students with a good grounding in economic principles, theories, applications, and policies. Students acquire analytical, quantitative, and critical thinking skills essential for a career in business and government. The program offers several applied courses in a contemporary and global context such as sports, health, banking, and environment. The scope of the program is to understand the effect, and predict the outcome of economic policy on individuals, businesses, the economy, and society.
View academic program requirements and course descriptions in the University Course Catalog:
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The major in economics research and data analysis provides students of economics with a robust grounding in quantitative methods. Students are exposed to statistical and econometrics methods and every aspect of data literacy from procuring and cleaning data to visualization, regression analysis, and written and oral presentation. The major includes a research practicum wherein students analyze real world data in conjunction with industry professionals. This major prepares students to work in any field that requires quantitative and research skills.
Finance deals with the raising, analyzing, and investing cash and financial assets while managing a degree of risk to maximize firm value. Students majoring in finance develop critical and analytical skills to evaluate financial markets and institutions. The degree in finance offers three specialized tracks: FinTech, Risk Management and Commercial Bank Management. Our degree provides a solid foundation and tools for a successful career in the financial sector.
In the BS in Financial Planning and Wealth Management program, students will gain an understanding of performing financial planning services while acting as their clients’ fiduciary. The BS in Financial Planning and Wealth Management features a curriculum that is balanced between general education, core business concept and financial planning education, including planning for education spending, planning for retirement spending, investment/wealth management, insurance planning, household tax planning, estate planning and the cutting-edge technology in the financial planning industry. A William Paterson University degree in Financial Planning can prepare you for a career as a financial planner/advisor, wealth manager, insurance consultant, and many other jobs in the financial services industry or for graduate study in the area of Financial Planning. The completion of the degree in Financial Planning and Wealth Management qualifies students to sit for the Certified Financial Planner® exam.
The Global Business Program offers a multidisciplinary approach in business studies including economics, finance, marketing, management, and logistics. Students will analyze the strategies and operations of transnational business organizations and evaluate their effects on business performance. Additionally, students will be able to assess the impact of the global environment (economic, financial, political, regulatory, technological, social and cultural) on individuals, institutions, businesses, economies, and societies.
A minor in economics strengthens a degree by providing an understanding of micro and macro economic principles. Students are free to pursue electives in fields such as banking, healthcare, and managerial economics to complete the major.
A minor in Finance provides students with the foundation of financial management which combined with the major course of study should support students to succeed in their chosen careers. The finance minor consists of the corporate finance course requirement and three additional courses from the finance course offerings. The careful selection of the finance elective courses should enable students to have an improved understanding of the financing and investing decision making process as it relates to their major course of study and their career goals.
A minor in Global Business Studies provides business and non-business students with a global perspective in the fields of economics, finance, marketing, management, and logistics. In this minor, students will be exposed to the institutional and regulatory framework of the global economy and acquire essential knowledge and skills that are highly valued by employers in all industries.
Students will learn to clean, organize, and wrangle data using software such as R and python. They will be able to apply economic and statistic models to uncover stories buried in economic and finance data and present economic and finance data in an unbiased and informative way visually and verbally. They will also learn about important ethical issues such as privacy, how data can be manipulated, under-reported and misrepresented and learn how to communicate the limitations of data to try to prevent misuse of data or analytical results. Learn more »
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Logistics for the Global Economy is an advanced certificate designed for students in Economics or any of the business majors who wish to distinguish themselves with a specialization in global economics and logistics. Students completing this certificate will understand the global economic environment in which a firm exists as well as the institutions and regulations that affect businesses. Students will examine the changes in technology that affect businesses in the global environment and develop an understanding of the important role of supply chain management in today’s business environment. Learn more »
The MBA concentration in finance is designed to prepare students for key leadership roles in business. Finance professionals work with budgets, corporate mergers and acquisitions, trade markets, derivative securities, and other business disciplines. In the finance concentration, students apply mathematical aptitude to a variety of values in corporate and small business. More info »
Students in economics, finance, and global business study in small classes, taught by faculty with significant industry experience who are recognized experts in their fields. They also gain real-world experience through internships, mentoring, and other professional enrichment activities. Business students also benefit from the sophisticated resources in the Cotsakos College of Business, including the Global Business and Finance Institute, an active trading room that brings the world financial markets to campus. For students looking to enter careers in investment advice or wealth management, our financial planning degree program allows graduates to sit for the CFP® exam. Our students benefit from William Paterson University’s strong ties to professional organizations like the Financial Planning Association and numerous employers including brokerage firms and registered investment advisory firms.
In our economics, finance, and global business programs, students learn in-demand skills that employers have identified as critical for job candidates, including:
Explosive job growth driven by macroeconomic and demographic trends; BLS estimates 64k new positions per year more than 2x the national average.
[i] Why Get Certified | CFP Board
After graduation, our students can choose from an array of careers across various industries. Common job opportunities for graduates include compensation officer in human resource department, account managers in investment firms, property managers, portfolio managers, financial advisors, loan officers, investment banking analysts, private equity analysts, financial analysts, insurance underwriters and CFO positions.
Our professors are proud practitioners in their fields and love to share their expertise beyond the classroom. Mentorship is at the core of our department, and it’s our goal that every student work directly with a faculty member to expand their knowledge and worldview.
Finance and accounting major, Honors College business track
And we're ready to help you grow. At William Paterson, we provide students with the skills, knowledge, and experience they need to forge forward as a powerhouse—both in the classroom and in their careers. Apply today to discover your potential.
