Outstanding teaching, a curriculum relevant to contemporary business, integrating theory into practice, students working closely with faculty, great track record in placing graduates — these are just a few of the things that characterize the department of economics and finance. We offer undergraduate majors in finance and business economics in the School of Business Administration, and we also offer an economics major and an applied mathematical economics major in the College of Arts and Sciences. At the graduate level, we offer a finance concentration in the MBA program and support the Master of Financial Mathematics degree.
Economics and finance at UD offer exceptional preparation for many fields — banking, financial analysis, brokers, corporate finance, government, law, insurance, international business — and many more. Department majors also are well qualified for graduate work. Many majors obtain real-world experience through a variety of internship experiences. Some serve as tutors for other students, and some assist faculty members with research projects.
There is considerable hands-on learning in our department. Many students become team members in the Davis Center for Portfolio Management. Many are involved in managing a nearly $17 million real money portfolio, and that's among the largest student managed funds in the country. Team members supplement classroom work by learning securities management strategies and by using software of the sort used on Wall Street. They also participate in R.I.S.E., the world's largest student investment forum. It really is! There is also the Hanley Trading Center, where students have experience learning about the complex world of derivatives, also called alternative investments. UD is one of very few schools to offer hands-on learning for traditional investments and alternative investments. What unusual and marvelous opportunities to learn about investments! Job placement for students in both centers is amazing, and that sure matters in today's business world.
Economics and finance majors find it easy to build strong resumes because of so many opportunities to connect theory with practice. And that's so important in the contemporary business world. We have a qualified and talented faculty, eager to assist students in learning. Most of our classes are taught by academically and professionally qualified faculty. Most are full time, but a few are well qualified part-time faculty. We do not utilize any graduate students for teaching functions. That underscores our commitment to quality teaching, taken seriously by all of faculty. Take a serious look at all we have to offer.
Academic ProgramsWe offer undergraduate majors in finance and business economics in the School of Business Administration, and we also offer an economics major and an applied mathematical economics major in the College of Arts and Sciences. At the graduate level, we offer a finance concentration in the MBA program and support the Master of Financial Mathematics degree.
Economics and finance majors have many opportunities for activities that will enrich their formal classroom instruction. Most of these involve hands-on experiences that give them skills that will significantly enhance their career prospects. Business firms are looking for college graduates that have not only received the highest quality classroom instruction, but also demonstrate real world experience. At UD, we have both. Many of these opportunities also allow students to network with industry professionals, another huge advantage enjoyed by economics and finance majors.
The Richard P. and Susan P. Davis Center for Portfolio Management is a unique opportunity. The Center is run by student managers and team leaders selected competitively each year. The most visible part of the Center is the $17 million portfolio of stocks managed by Center students. This is real money and students make the decisions as to what stocks to buy and sell. They are assisted by the Center director and two executives-in-residence, real world practitioners—but the decisions are made by the students. This is one of the largest student managed funds in the world. They play a role in hosting RISE, the world’s largest student investment forum. They also conduct educational seminars, arrange field trips, participate in national finance competitions, undertake service projects—and, perhaps most importantly—they teach each other. Visit the Davis Center for Portfolio Management>>
Flyer Trading Group
The Flyer Trading Group is a student run organizations who's primary goal is to teach its members the fundamentals and technicals of the financial markets by empowering members to develop advanced critical thinking skills as well as superb presentation abilities. The FTG primarily invests in the FOREX market place utilizing non-discretionary algorithmic models built by students and automated through different trading platforms to ensure accuracy. The FTG is a strong supporter of the University's values of Learn, Lead, and Serve and it constantly strives to instill those values in all tasks necessary to ensure the operational efficiency and integrity of the FTG. The FTG strives to be a top performing student run alternative investments group not only in the nation, but world wide.
Kudla Dynamic Allocation Fund
The Kudla Dynamic Allocation Fund is a unique, undergraduate managed Fund that invests in a wide selection of exchange-traded funds, mutual funds, and individual stocks and bonds. The Fund will seek to capitalize alpha on macro driven, secular trends and maximize total return through unique investment vehicles.
Omicron Delta Epsilon
ODE is the international honor society for economics. The Ohio Tau chapter is housed at the University of Dayton. Members must achieve a cumulative GPA of 3.25, take at least 12 hours of economics courses, and maintain a 3.25 GPA in economics. The focus of ODE at UD is to build closer relationships with faculty and economics students through interaction outside of the classroom. Members also receive a subscription to The American Economist and become eligible to earn awards for writing in economics. Visit www.omicrondeltaepsilon.org
Economics and finance at UD offer exceptional preparation for many fields — banking, financial analysis, corporate finance, government, policy analysis, law, insurance, international business — and many more. Department majors also are well qualified for graduate work. Many majors obtain real-world experience through a variety of internship experiences. Some serve as tutors for other students, and some assist faculty members with research projects.
Employers who have recently hired our students include:
Asset Consultant Group
Bank of America
BG Group Houston
Blue Fire Capital
Buckingham Capital Management
CBRE Group Inc. Schaumberg
Cheviot Savings Bank
Department of Navy Washington
Deutsche Bank Houston
Eaton Vance Boston
Ellwood Associates Homer Glen
Federal Reserve Bank of Cleveland
Federico Chrysler Dodge Dealer Wood River
Fifth Third Bank
Ford Motor Company
Inteva Products LLC
Liberty Mutual Insurance
MarkitSERV, Markit, Markit Group
MB Financial Bank
National Bank of Arizona
PNC Financial Services
Reynolds and Reynolds
THOR Investment Management
Total Quality Logistics (TQL)
Our students have also attended the following graduate programs:
University of Cincinnati Law
UC Santa Cruz
Faculty & Staff
We have an expanding national reputation in both teaching and research —continually publishing in highly respected refereed journals and serving on the editorial boards of high quality journals. In the past three years, faculty research in our department resulted in 41 authorships of refereed articles in print and 64 conference presentations in eleven countries.
Our faculty hold the following editorial board positions:
- Dr. Caporale
- Editorial Board, The Open Political Science Journal
- Editorial Board, The Open Economics Journal
- Dr. Chang
- Associate Editor, Journal of International Financial Markets, Institutions & Money
- Dr. Chen
- Editor, International Review of Economics and Finance
- Associate Editor, Advances in Investment Analysis and Portfolio Management
- Associate Editor, Review of Quantitative Finance and Accounting
- Finance Editor, Journal of Asia Business Studies
- Associate Editor, International Review of Applied Financial Issues and Economics
- Editorial Board, Journal of Financial Studies
- Editorial Board, International Journal of Accounting and Information Management
- Editorial Board, NTU Management Review
- Dr. Ruggiero
- Associate Editor, Operations Research
- Senior Editor, the DEA Journal
- Regional Associate Editor, JCC: The Business and Economics Research Journal
- Dr. Zhang
- Editorial Board, International Journal of Bonds and Currency Derivatives
- Editorial Board, Accounting and Finance Research
We pride ourselves on our welcoming community and we'd love to hear from you.
Department of Economics & Finance
Miriam Hall Room 510
300 College Park
Dayton, OH 45469-2251