In the second part of this ongoing series, The Culverhouse College of Business at The University of Alabama focuses on a few specializations offered in its Department of Economics, Finance, and Legal Studies.
If you’re interested in learning how the economy works, or if you want to work in finance, this is your place. However, it’s not all stuffy business suits and briefcases. Culverhouse students are part of a dynamic and exciting environment that prepares them to become innovators and creative thinkers. There are 16 distinct specializations offered within the department that can be grouped into two categories: economics and finance.
ECONOMICS
The study of economics provides insight into how a market economy works. Students in the economics program learn not only how the economy works at a conceptual level, but also how to apply economic theory to fields such as healthcare, public policy, or manufacturing. The economics major also provides preparation for admission to law school, MBA programs, schools of public policy, and several doctoral programs.
Specializations include:
- Econometrics & Forecasting
- International Economics
- Public Policy & Law
Possible careers:
- Consultant
- Investment manager
- Financial officer
Amanda Ross, Assistant Professor of Urban Economics, said students in her classes “learn how cities form, and the costs and benefits of locating within cities.” She explained, “Cities have lots of nice amenities, but they also have higher crime rates. Urban economics looks at those cause-and-effect relationships. My students also learn about public education, segregation, and tax policies that are relevant to our communities.”
FINANCE
Culverhouse’s finance program is highly-regarded: TFE Times ranks the master’s in finance among the best in the country. If you’re interested in managing money, this may be your cup of tea.
Specializations include:
- Insurance & Risk Management
- International Finance
- Real Estate
Possible careers:
- Attorney
- Credit risk manager
- Public policy analyst
John Heins, Value Investing Instructor, said students “learn how to analyze industries and companies, and gain expertise in the management of investment portfolios.” “As a result, our students are well-positioned to take jobs at investment banking, equity research, venture capital, and private equity firms. If you want to become an entrepreneur, this specialization may be a good option for you,” he added. Events like the Culverhouse Student Investment Conference bring in speakers from some of the world’s most prominent investment firms to discuss their work and share career-oriented advice with students. The most recent conference included speakers from Goldman Sachs, Fidelity Investments, and Vulcan Value Partners.