In cooperation with the Alberta School of Business, the Department of Economics at the University of Alberta offers a Certificate in Finance. The purpose of this certificate program is to offer economics undergraduate students access to a structured program in the study of Finance. Over the years, students, alumni, and employers of Economics graduates have indicated that rigorous training in Finance would be a most desirable complement to the skills and knowledge acquired in the major and honors degree programs in Economics.
The Certificate in Finance is intended to meet these identified needs and broaden the opportunities available to Economics graduates entering the labour force or pursuing further studies.
The Certificate in Finance is valuable for students interested in opportunities in finance, controllership, investment analysis in corporations and government enterprises, banks, insurance companies, government financial regulatory agencies, and other organizations specializing in financial affairs. The Certificate in Finance includes study of investors’ choices among financial investments (securities), business asset management, choices among methods of financing assets, and risk management.
The Certificate in Finance will be awarded only at the same time as a student receives a BA with a major or honors in Economics.
Admission to the Certificate is by application to the Department of Economics. Application information will be posted on the Department of Economics website. Only students enrolled in the major or honors programs in economics will be considered for admission. There are a limited number of spaces available (six new entrants per year). The Certificate program takes two years to complete. Normally a student must have completed *60 prior to admission, including ECON 281, 282 and 299, and have a minimum cumulative GPA of 3.0. The principal factor used to rank applicants is the cumulative grade point average.
Recruitment, assessment of applications and admission to the Certificate in Finance program is determined by the Department of Economics. Each year, the Department will solicit applications to this program and set a program admission deadline.
Program Requirements for the Certificate in Finance
Students must complete all existing course requirements for a major or honors in Economics. In addition, students in the Certificate in Finance program must complete the following designated courses: OM 352, ACCTG 311, FIN 301, ECON 442 and *9 in Finance electives, which include all 400-level FIN, ACCTG 412 and ACCTG 432.
- At least one of OM 352, ACCTG 311 or FIN 301 are prerequisites for most 400‑level FIN and ACCTG courses, so all three of these should be taken in the first year of the certificate program. These courses are offered only at very specific times, which can lead to scheduling difficulties for some students.
- Students may not receive credit for both FIN 412 and ECON 442. FIN 412 is a prerequisite for several 400-level finance courses. Business has agreed to accept ECON 442 as satisfying the FIN 412 prerequisite requirements for students in the Certificate program. If a student is interested in taking finance courses with a FIN 412 prerequisite, ECON 442 should be taken in the winter term of the first year of the certificate program and FIN 301 should be taken in the fall term.
- It is unlikely that students in the Certificate in Finance program will be allowed to take more courses in Business than those required to meet the program requirements
See Course Listings