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Kellogg School
Northwestern University




Financial Economics Prerequisites
Undergraduate Certificate Program students
Photo © Nathan Mandell
 
 
Financial Economics
Overview
Prerequisites
Courses
Faculty
   

Applications for fall 2010 admission to the Financial Economics Certificate Program will be due on Monday, February 22, 2010.

Prerequisites for the Financial Economics Certificate
Students interested in applying for the Financial Economics Certificate must take prerequisite courses in four academic areas: calculus and linear algebra, probability, econometrics, and microeconomics. Both WCAS and McCormick offer most of these courses, and students may take their prerequisite courses in either or both schools. 

While not all students follow the same path to fulfill the prerequisites, many take the calculus and linear algebra prerequisite courses during their freshman year, and the probability and econometrics/statistics prerequisites during their sophomore year. The microeconomics course may be taken in either the freshman or sophomore year.  Please note that CPU prerequisite courses have their own prerequisites, and these are determined by the department offering them. 

Applications are due during the winter quarter, although many successful applicants finish taking their prerequisites during the winter (and sometimes spring) term.  As a rule, admission decisions are based on winter quarter grades.  Students who are accepted into the program and are still taking prerequisite courses during the spring term must receive a “B” or better in those courses in order to enter the program in the fall. 

There are many different ways to satisfy the CPU prerequisites, and the most common ones are listed in the chart below. Please check the Undergraduate Catalog or the appropriate department for more details about the prerequisite course required for CPU prerequisites. 
 
Prerequisite Subject Accepted Courses
1.Calculus and Linear Algebra

WCAS Courses:

  • Math 290-1,2,3 (MENU) or
  • Math 291-1,2,3 (MENU accelerated) or
  • Math 281-1,2,3 (for ISP students) or
  • Math 285-1,2,3 (for MMSS students) or
  • Math 230, 234 and 240

McCormick Courses:

  • Honors Calculus ES-APPM 252-1 and 2 or
  • Honors Engineering Analysis GEN_ENG 206-1,2,3,4 or
  • Engineering Analysis GEN_ENG 205-1,2,3,4
2. Probability

WCAS Courses:

  • Math 310-1 or
  • Math 383 (ISP) or
  • Math 385 (MMSS)

McCormick Courses:

  • IEMS 202 or
  • EECS 302
3. Econometrics/Statistics

WCAS Courses:

  • Econ 381-1 and 2 or
  • Math 386-1 and 2 (MMSS)
4. Microeconomics

WCAS Courses:

  • Econ 310-1 or
  • MMSS 211-1 (MMSS)

Download a printable checklist of prerequisites (PDF 57 KB)


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