Department of Economics, Finance and Global Business
Dr. Alex Panayides, Department Chair
V 3022, PanayidesA@wpunj.edu, 973-720-2962
Bachelor of Science in Finance, Financial Planning, and Global Business
Bachelor of Arts in Economics
Minor in Economics
The Department of Economics, Finance, and Global Business offers a variety of programs to prepare students for rewarding careers in areas such as the financial sector, multi-national corporations, government agencies, and personal financial consulting. The curriculum in finance and financial planning includes integrated use of the Global Financial Services Learning Center (GFSI), which has one of the largest trading rooms on the East Coast.
In addition to a contemporary curriculum, for-credit internships are available in requisite areas and students have the opportunity to participate in other hands-on learning experiences such as practicums and the annual Cotsakos College of Business job shadowing event.
Finance deals with the "lifeblood" of an organization, that is, its cash flow. Finance majors learn how to raise, manage, and invest cash to maximize firm value with acceptable risk. They also learn about managing relationships with commercial and investment bankers. In addition to developing such critical corporate skills to maximize the value of a corporation, finance majors learn to analyze companies from a portfolio management perspective. Specialized coursework in securities analysis and portfolio management provides students with practical insights into capital markets and banking. Finance majors can begin work as a financial analyst in virtually any industry. Cotsakos College of Business finance majors also find employment as bankers, security analysts, or portfolio managers. They are also prime candidates for jobs in regulatory agencies such as the Federal Reserve Bank, the Securities and Exchange Commission, and the Department of the Treasury or Global agencies like the World Bank. The unique curriculum provides opportunities to learn about start-ups and venture capital, and specialize in entrepreneurial finance.
The rapidly growing field of Financial Planning offers the opportunity to gain the financial background and expertise necessary to help individuals and families achieve their goals and dreams. Graduates of the business administration/financial planning program will be prepared to pursue a broad range of careers, such as financial planner, financial advisor, risk manager, wealth manager, employee benefits professional, retirement planning specialist, as well as careers selling a wide variety of financial products, including insurance and annuities. Our students have many opportunities to gain hands-on experience through internships with a variety of financial planning firms, brokerage firms, and insurance providers.
The Global Business program prepares majors to compete in global markets through knowledge of languages, cultures, differences in business etiquette, and diversity of customs, in addition to hard business skills. Global business majors gain an understanding and working knowledge of international trade, regulations and policy through specialized coursework. Cotsakos College of Business Global Business majors find opportunities in multinational corporations, global operations of domestic companies as well as multinational financial institutions and regulatory agencies.
The study of Economics provides students with a broad conceptual framework for understanding the social interrelations of consumers, business, workers, and government. Students majoring in economics develop an understanding of the factors behind conditions such as growth, development, inflation, unemployment, consumption, production, market structure, monetary and fiscal policy. In addition, economics now examines issues such as obesity, terrorism, crime, and neuroeconomics. Familiarity and literacy in economics can assist in guiding the development of policy to address contemporary issues such as the impact of globalization and increased international trade or the effect of budget deficits on the future growth of a national economy.