Robert Day School of Economics and Finance
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| Motto | Crescit cum commercio civitas |
|---|---|
| Type | Private |
| Established | 2007 |
| Endowment | $200 million |
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Academic staff
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30 |
| Location | Claremont, California, USA |
| Nickname | RDS |
| Affiliations | Claremont McKenna College Claremont Colleges |
| Website | www.cmc.edu/rdschool/ |
The Robert Day School of Economics and Finance (RDS) at Claremont McKenna College is an economics school, and the only graduate program at Claremont McKenna College. The Robert Day School emphasizes coursework that blends theory and practice. The undergraduate programs offer majors in economics and economics-accounting, and a sequence in financial economics. RDS also offers a specialized full-time master's degree in finance as well as administering the Robert Day Scholars Program. In contrast to any other liberal arts college, the offerings include a broad spectrum of core and elective courses in finance and accounting. The course is designed to develop the individual student’s analytical, quantitative, and communication skills—all of which are critical to the cultivation of leadership skills.
In 2007, the founder and Chairman of Trust Company of the West and Trustee and former Chairman of the Board of Trustees of Claremont McKenna College, Robert A. Day (’65), made a $200 million individual gift, the largest donation ever made to a liberal arts college at the time, to Claremont McKenna College for the purpose of creating a one-year graduate program that would emphasize finance, accounting, organizational behavior and leadership as well as a scholarship for seniors at the Claremont Colleges. While both programs share the same name, the master’s program is an addition, rather than a change, to the established undergraduate program which offers majors in both economics and economics-accounting as well as a financial economics sequence that students can earn in addition to any major. The master's program accepted the first students, 20 members of the class of 2010, in the beginning of 2009.
At the undergraduate level, the Robert Day School offers a broad array of coursework in economics, finance, and accounting. The undergraduate majors build of theoretical foundations of microeconomics and macroeconomics, and stress applications of theory to a variety of topics, as reflected in over 40 upper-level courses. Many students choose to double major in subjects such as mathematics, psychology, or history. Another popular option is to augment the major with a sequence. Students may participate in research with faculty, sponsored by the various research institutes on campus, and all students conduct their own research with a faculty advisor that culminates in a thesis in their respective major, which is a requirement for graduation.
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