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Financial Economics Certificate Prerequisites

Prerequisite FAQs Northwestern University undergraduate students* who are interested in applying for the Financial Economics Certificate must complete a series of prerequisite courses.

These advanced courses cover four subject areas:
  1. Calculus and Linear Algebra
  2. Probability
  3. Econometrics
  4. Microeconomics

Download a list of prerequisite courses (.pdf)

Courses do not have to be completed by the time applications are due in Winter Quarter, but they should be finished by the end of Spring Quarter.

Students who are accepted to the program and are still taking prerequisite courses during Spring Quarter must receive a “B” or better in those courses in order to enter the program in the fall.

*The program does not accept applications from high school seniors, students attending other universities or other individuals who are not currently undergraduate students at Northwestern University.

Find out more about undergraduate admission at Northwestern University.

Prerequisites for Financial Economics Certificate
Requirement 1: Calculus and Linear Algebra
Option 1: Regular Math
MATH 230-0 plus
MATH 234-0 plus
MATH 240-0
 
Option 2: MENU 290
MATH 290-1 plus
MATH 290-2 plus
MATH 290-3
 
Option 3: MENU 291 Accelerated
MATH 291-1 plus
MATH 291-2 plus
MATH 291-3
 
Option 4: ISP students only
MATH 281-1 plus
MATH 281-2 plus
MATH 281-3
Option 5: MMSS students only
MATH 285-1 plus
MATH 285-2 plus
MATH 285-3 
 
Option 6: For McCormick students
MATH 230-0 plus
MATH 234-0
 
And one of the following combinations:
1. Honors Engineering Analysis

GEN_ENG 206-1 plus

GEN_ENG 206-2

or
2. Non Honors Engineering Analysis

GEN_ENG 205-1 plus

GEN_ENG 205-2

Option 7: For McCormick students
Honors Calc. ES APPM 252-1 plus

Honors Calc. ES APPM 252-2

 
And one of the following combinations:
1. Honors Engineering Analysis

GEN_ENG 206-1 plus

GEN_ENG 206-2

or

2. Non Honors Engineering Analysis

GEN_ENG 205-1 plus

GEN_ENG 205-2

Requirement 2: Probability Requirement 3: Econometrics Requirement 4: Microeconomics
Option 1:
MATH 314-0

Option 2:
MATH 310-1

Option 3:
MATH 311-1
 
Option 4:
STAT 320-1
 
Option 5: ISP students only
STAT 383-0
 
Option 6: MMSS students only
MATH 385-0
 
Option 7:
IEMS 202-0
 
Option 8:
EECS 302-0
 
Option 9:
BMD_ENG  220-0
 
Option 10:
CHEM_ENG 312-0
 
Option 1:
ECON 381-1* plus
ECON 381-2
 
Option 2: MMSS students only
MATH 386-1 plus
MATH 386-2
Option 1:
ECON 310-1
 
Option 2: MMSS students only
MMSS 211-1

*Refer to the Economics Department Website FAQ for new information about Econ 381-1 prerequisites  


FREQUENTLY ASKED QUESTIONS

Q: Do any of the prerequisite courses have their own prerequisites? 
A: In most cases, yes - click here to review the prerequisite chain for more information, consult the Northwestern Undergraduate Catalog or contact the appropriate academic department.   

Q: Do I have to take all honors classes?
A: Equal consideration is given to students who take honors and non-honors courses. Students may mix and match honors and non-honors courses.

Q: In what school should I take my prerequisite classes?
A: Most prerequisite courses are offered in both the Weinberg College of Arts & Sciences and McCormick School of Engineering. Students may choose to take courses in either or both schools.

Q: Do I have to complete all prerequisites before I apply during Winter Quarter?
A: No. You have until the end of Spring Quarter to complete all prerequisite courses. As a rule, admission decisions are based on winter quarter grades. Students who are accepted into the program and are still taking courses during the spring must receive a "B" or better in those courses in order to enter the program in the fall.

Certificate Program for Undergraduates
Kellogg School of Management
555 Clark Street, Lower Level
Evanston, IL 60208-2800
847.467.4600