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Welcome to the Department of
Economics and Finance

“Our department’s faculty members are dedicated to creating an engaging student experience. From being directly involved with students through clubs and honor societies, to participating in guided research projects and one-on-one career counseling, they are committed to our students’ success. Thank you for your interest, and please feel free to contact me if you have any questions.” 

— Dr. Mikhail Kouliavtsev
Professor and Department Chair

About the Department

The Department of Economics and Finance provides modern training in economic and financial theory and practice to prepare students for a successful career in business, industry or government. Additionally, our students take advantage of unique opportunities, such as an Economics Reading Group, the Mast Student Investment Roundtable, and several clubs and organizations.

Graduates with a degree in business economics or finance are prepared for a wide variety of challenging and rewarding positions in fields such as banking, investments, corporate financial management, insurance, real estate, financial planning, economic research and market analysis. A degree in economics also provides a solid foundation for further graduate study, especially in law or public affairs.

Areas of Study


  • Bachelor of Arts
  • Bachelor of Business Administration

Get Involved

  • Mast Student Investment Roundtable

    Mast Student Investment Roundtable

    The Mast Student Investment Roundtable is a course where finance students invest real money in an equity portfolio. Recently, an SFA student was featured on CNBC after being named the national winner.

  • Economics Reading Group

    Economics Reading Group

    The Economics Reading Group was named student organization of the year. The group began in fall 2011 with a focus on studying economic literature and networking with likeminded individuals. The Economics Reading Group also has a scholarship program enabling students to win a $1,000 scholarship and several door prizes each semester.

  • Marleta Chadwick Student Financial Advisors

    Marleta Chadwick Student Financial Advisors

    The Marleta Chadwick Student Financial Advisors emphasizes financial literacy and smart money management to help people dealing with financial crises. The advisors assist individuals with budgeting, credit card and debt management, identity theft, and fraud.

Lumberjack Spotlight

  • McKenna Maxwell
    Economics Major
    Class of 2015

    McKenna Maxwell recently paid a visit to SFA’s campus to meet with current students and impart career wisdom while touting the college’s impact on her education.

    “I got a great education from SFA because of professors who are invested with their students and where they go from there,” Maxwell said. “They keep in contact with graduates after they leave, they’re always willing to help, and they gave me an education that is comparable or better than what I would’ve gotten anywhere else. Being able to count on a close, personal relationship with professors gives SFA students a leg up compared to some of the bigger schools in Texas.”

    McKenna Maxwell

    McKenna Maxwell, manager of data science and analytics at Dallas-based
    MPower Practice Management, with Dr. Mikhail Kouliavtsev, Department Chair and
    Professor, economics and finance

  • Economics professor makes economics fun through experiential learning

    A few years ago, a group of SFA students coined the term “Scanlanomics” in recognition of one of their favorite economics professors, Dr. Mark Scanlan.

    Through an online prediction game, Fredcast, developed by the Federal Reserve Bank, students predict key economic variables. Scanlan designates a day each month for students to discuss their predictions and research. Scanlan has been a member of the SFA faculty since 2005. His goal is to make the material “meaningful, interesting and relevant for students.” He invites banking guest lecturers to visit his class and discuss different topics the students have learned in his money and banking course.

    Mark Scanlan

    Dr. Mark Scanlan, Professor, economics and finance department

    Scanlan was recognized with a Bright Spot award by the SFA Faculty Senate,
    the Center for Teaching and Learning, and the SFA vice presidents.

  • Michael Bieler
    Class of 1980

    Michael Bieler travels the world conducting business as vice president of French IT company Capgemini. While at Capgemini, Bieler has worked with industry leaders such as Coca-Cola, Microsoft, GM, Walmart and Sony and is a member of the Rusche College of Business Executive Advisory Board. During a recent visit to the college, Bieler gave a presentation to SFA students on the current state of international business.

    Michael Bieler

    Michael Bieler, vice president of French IT company Capgemini

Want to contact The Department of Economics and Finance?


    Fax: 936.468.1447


    Physical Address:
    McGee Business Building, Suite 303

    Mailing Address:
    P.O. Box 13009, SFA Station
    Nacogdoches, Texas 75962


Request Information for Future Students

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