Economics and Finance Program Counselling Information Session February, 2012 Dr. Peter Ibbott Dr. J.D. Han Ms. Lydia Li Economics Honors Specialization Economics Specialization in Financial Economics Major Economics Finance Economics Minor Finance Finance and Economics Programs BA Honours (Four Year) • BA Honours Specialization - Economics • BA Honours Double Major – Major in Finance and a Major in Economics • BA Honours Double Major – Major in Economics and a Major in another Liberal Arts or Social Science • BA Honours Double Major – Major in Finance and a Major in another Liberal Arts or Social Science BA Specialization (Four Year) • BA - Specialization in Financial Economics Finance and Economics Programs BA (Three Year or Four Year) • • • • BA - Major in Economics BA - Major in Finance BA - Minor in Economics and a Minor Finance BA - Minor in Economics and Minor in another Liberal Arts or Social Science • BA - Minor in Finance and Minor in another Liberal Arts or Social Science Finance and Economics Programs • Information and Resources: For additional information on our programs, program checklists, etc. see http://www.kings.uwo.ca/academics/economics-business-math/information-and-resources/ 2013-14 Noteworthy Excel Workshop (Sep-April) Math Tutorial Center (Sep-April) Economics Tutorial Center (Sep-April) Graduate School Info Session (October) Career Day (January or February) http://www.kings.uwo.ca/academics/economics-business-math/information-and-resources/ebm-career-day/ • EBM Welcome/Farewell Lunch (February, April) http://www.kings.uwo.ca/academics/economics-business-math/information-and-resources/ebm-farewell-lunch/ Finance and Economics Programs Why Study Economics? • Economics is a gateway to interesting careers. – Business, Law, Finance and Banking, Consulting, and Public Service • Our Graduates are very highly paid. – Economics is the most lucrative undergraduate degree after medicine. • Our graduates are paid to get advanced degrees. – Over 70% of our graduates in Honours Economics go to graduate school in Economics – Scholarship and other financial support usually is from $12,000 to $30,000 Finance and Economics Programs Our students have met with significant success, and can be found in: • Government – Our graduates serve as economists with the Public Service of Canada in the Ministry of Finance, the Bank of Canada, Treasury Board, Industry Canada, and the Competition Bureau. Others serve with as Public Servants in China, Greece, Britain and other countries. • Consulting – Our graduates serve as economists with private consulting firms, advising clients on executive compensation, financial planning, and other areas. • Law – Our graduates have gone to Law School, been called to the Bar and are now practising Law in a number of different fields. • Senior Management – Our graduates have worked as managers and then attended Masters of Business Administration programs that have prepared them for careers in Investment Banking, Accounting and Tax Consulting and have moved on to positions as senior executives. • Financial Services and Banking – Our graduates have proceeded into careers in retail banking, insurance, the financial services industry. Several have worked towards become Chartered Financial Analysts and manage pension funds and mutual funds. Starting Median Salary Mid-Career Median Salary Accounting $46,000.00 $77,100.00 Business Management $43,000.00 $72,100.00 Economics $50,100.00 $98,600.00 Finance $47,900.00 $88,300.00 History $39,200.00 $71,000.00 Industrial Engineering $57,700.00 $94,700.00 Information Technology (IT) $49,100.00 $74,800.00 International Relations $40,900.00 $80,900.00 Management Information Systems (MIS) $49,200.00 $82,300.00 Marketing $40,800.00 $79,600.00 Math $45,400.00 $92,400.00 Mechanical Engineering $57,900.00 $93,600.00 Political Science $40,800.00 $78,200.00 Psychology $35,900.00 $60,400.00 Sociology $36,500.00 $58,200.00 Undergraduate Major Source: PayScale, Inc. reported starting salaries and earnings at mid-career about 15 years after the BA for many college majors in 2007-2008. The earnings are for those who hold only a baccalaureate degree. Finance and Economics Programs 2011 Graduating Class •USC, MA Economics •NYU, MA Economics •University of York (Britain) MA Economics •Guelph, MA Economics •University of Toronto, MA Economics •McGill University, Law School, (Scholarship) •Guelph, MA Economics ($10,000 scholarship) •NYU, Stern School of Business, Internship at Morgan Chase •DUFE, MA •LSE, MSc Economics •Working •Simon Fraser, MA Economics ($19,000 + TA) •Working •Victoria, MA Economics •UBC, MA Economics •Simon Fraser, MA Economics ($10,000 + TA) •YORK University, Schulich School of Business, MSc Financial Economics •Kings Registrar office, currently working with an NGO in Bangladesh Finance and Economics Programs 2010 Graduating Class • Guelph University, MA Economics • Guelph University, MA Economics • TD Bank Financial Group, Visa CSO • University of Toronto, MA Economics • Dalhousie University, MA Economics • UBC, MA Economics • McGill University, MA Economics • University of Toronto, MA Economics • Cornell University, MSc Financial Engineering • University of Washington, MA Real Estate • LSE, MSc Economic History • Brock, MA Business Economics • George Mason University, MA Economics Finance and Economics Programs 2009 Graduating Class • Entrepreneur in London • Manager • Marketing Manager with Red Bull Canada • University of Waterloo, MA Economics • University of Victoria, MA Economics • UWO, MSc Financial Mathematics; Bank of Canada • Simon Fraser, MA Economics • Working • Working in China • University of Waterloo, MA Economics • UBC, MA Economics; UBC PhD Economics • UBC, MA Economics • Uppsala University (Sweden): MA Economics Finance and Economics Programs Notable Recent Graduates Dan Montenara • • • • BA (Honours Economics), King’s (2006) MA (Economics), Queen’s (2007) PhD (Economics), UWO Professor Georgia State Business School Fan (Violet) Zhang • • • BA (Honours Economics), King’s (2008) MA (Economics), UBC (2009) PhD (Economics), Victoria (3rd year) Yawen (Emma) Liang • • • BA (Honours Economics), King’s (2009) MA (Economics), UBC (2009) PhD (Economics), UBC (3rd year) Haiyun (Kevin) Chen • • • BA (Honours Economics), King’s (2008) MA (Economics), McMaster (2008) PhD (Economics), Simon Fraser (3rd yr) Finance and Economics Programs Notable Recent Graduates Hongyang Wong • BA, Honours Economics, King’s (2011) • MSc. Finance, NYU Stern School of Business (2012) • Internship with Morgan Chase in New York Xuan Xuan • BA, Honours Economics, King’s (2010) • MSc. Financial Engineering, Cornell University (2011) • Internship in Investment Banking in New York and Hong Kong Chenshuang Zhuang • BA, Honours Economics, King’s (2011) • MSc. Finance, Schulich School of Business NYU (2012) Philo Liu • BA, Honours Economics, King’s (2009) • MSc., Mathematical Finance • Bank of Canada (2010-Present) Finance and Economics Programs Notable Recent Graduates Dilraj Sandhu • • • • BA (Honours Economics), King’s (2006) LLB, Calgary (2009) Called to the Ontario Bar (2010) MacMillan, Rooke Boeckle/Will Barristers LLP Tyler Goettl • BA (Honours Economics) King’s (2011) • LLB, McGill (1st Year) • Full Scholarship SAM J. TYLER Associate, International Corporate Tax Education: Sam received an Honours Bachelor of Arts Degree in Economics in 1997 from the University of Western Ontario (King’s College) graduating with distinction. He then attended the University of Western Ontario Law School, where he was a co-winner of the Stikeman, Elliot LLP/Carswell National Tax Scholarship. He received his LL.B. (Area of Concentration: Taxation) in 2000. Sam was called to the Ontario Bar in 2002. Sam has also completed the CICA In-Depth Program Publications and speeches: Professional experience: Sam has written in the area of taxation Sam is an associate in Moskowitz & and has published articles in various Meredith LLP and practises out of the publications, such as CCH’s International Toronto office, primarily in the corporate Tax publication, Tax Notes International and international tax areas. and the Ontario Bar Association Taxation Law Newsletter. Finance and Economics Programs Notable Recent Graduates Parul Gandhi • BA, Honours Economics, King’s (2006) • MA, Economics, Queen’s (2007) • Economist, Treasury Board Brian Vera • BA, Honours Economics, King’s (2006) • MA, Business Economics, Laurier (2007) • Financial Analyst, Ontario Teachers Pension Plan Finance and Economics Programs Notable Recent Graduates Thuc Nguyen • • • BA, Honours Economics, King’s (2006) Financial Analyst, Good Life Fitness Project Coordinator, St. Joseph Health System Brian Vera • • • BA, Honours Economics, King’s (2006) MA, Business Economics, Laurier (2007) Financial Analyst, Ontario Teachers Pension Plan Christin McMahon • • • • BA, Honours Economics, King’s (2006) Employment with Microsoft Canada (2006-07) MA, Economics, Queen’s (2008) Competition Bureau of Canada (2008-2012) Finance and Economics Programs Caitlin Walsh, MBA • BA, Honours Economics, King’s (2006) • Employment (2006-2010) – Strategic Relationship Manager at Cathay Forest Products – Senior Consultant - Contract basis at Camelot • MBA, Cass Business School, UK (2011) Economics and Finance Highlights of Past Events • EBM Career Day (Jan 31, 2012) • Graduate school Application Info Session (Dec 20, 2011) • Student 2 Business (Jan 26, 2011) Future Events • Info Session on Graduate School • Job Interview Skills Economics Club • Money Ball • Bowling Department of Economics, Business and Math Department of Economics, Business and Math Department of Economics, Business and Math Department of Economics, Business and Math Department of Economics, Business and Math Economics and Finance Inquiries on courses and programs in Finance and Economics should be directed to: • Dr. J.D. Han (Chair of EBM Department ) • Ms. Lydia Li (Academic Program Assistant, [email protected]) Economics and Finance Questions?