STORRS — The University of Connecticut’s Stamford branch, surrounded by numerous Fortune 500 companies, will begin offering a financial management major next fall.
The UConn Board of Trustees, on Wednesday, gave unanimous approval to the program, which will prepare students for careers in corporate money management, investment, portfolio management and financial ethics.
UConn partnered with the local Stamford Chartered Financial Analyst Society to develop the major. It is expected the major will attract at least 25 new students each year and will be different in focus than the mainstream finance major offered at UConn’s main campus. The first class will be ready to graduate in 2017. Fairfield County has a significant concentration of financial services businesses. A recent survey by Indeed.com this fall showed 735 job openings for financial analyst positions in the Stamford area and 1,926 openings in “finance.”
UConn officials say the new major is a step toward expanding the university’s footprint in the region. John Elliott, dean of the UConn School of Business called the program timely and said it has great potential to play a significant strategic role in the economic development of the greater Fairfield County area.