Photo of the front of John Lewis Hall, home of the Sorrell College of Business.

Department of Economics, Finance, Risk Management and Insurance, Marketing, and Entrepreneurship

The Department of Economics, Finance, Risk Management and Insurance, Marketing, and Entrepreneurship is dedicated to providing students with the theoretical foundation, technical training, and practical experience to be successful in the professional world.

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About the Department

The Sorrell College of Business' Department of Economics, Finance, Risk Management Insurance, Marketing, and Entrepreneurship offers dynamic programs that equip students with the critical thinking, strategic insight, and practical skills needed to thrive in today's global economy.

Whether you're interested in exploring economic systems, navigating financial markets, designing powerful marketing strategies, managing risk, or launching your own venture, our expert faculty provide hands-on learning and mentorship grounded in real-world application. With a wide and successful range of career outcomes, our graduates are prepared to make an immediate impact and shape the future of business.

Featured Programs

General Economics

With TROY's economics degree, you'll gain invaluable analytical and problem-solving skills that open doors to careers in both the private and public sectors.

General Economics

Financial Economics

With a strong foundation in economics and a concentration on modern finance, you'll be prepared to take on roles in settings such as banks, government institutions and private businesses.

Financial Economics

RMI students during a study abroad trip in London

RMI

In this program you'll learn how to manage risk within a global business framework and gain an understanding of risk management and insurance concepts for both commercial and personal insurance needs.

RMI

Marketing

This program will prepare you to understand consumer behavior, build strong brands, and apply marketing strategies that connect businesses with audiences in wide ranges of marketplaces.

Marketing

All Programs

Scholarships

Last year, TROY awarded over $20M in scholarships. There are several scholarships available to students majoring in programs in this department. Some of these scholarships include The Laliberte Family Endowed Scholarship (Marketing), The Alabama RIMS Scholarship (RMI) and the Phillip and Melinda Mixon Current Scholarship (Economics).

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Internships

Internships are a great way to gain first-hand exposure and make connections that can lead to rewarding careers. Nearly 90% of RMI students complete at least one paid internship before graduation.

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Mission Statement

The Department of Economics, Finance, Risk Management and Insurance, Marketing and Entrepreneurship empowers students with the knowledge, analytical skills, and innovative mindset needed to lead in a dynamic global economy. In alignment with the misson of the Sorrell College of Business and through rigorous academics, interdisciplinary collaboration and applied learning, we prepare graduates to make informed, ethical and impactful decisions across business, policy and entrepreneurial settings.

RMI students during their London study abroad trip.

Study Abroad with RMI

Opportunities for internships abound the in the Sorrell College of Business and each year, RMI students have the chance to intern at the prestigious Lloyds of London, and participate in session with Markel International, Ltd. and AIG. While in London, students learn not only market principals but how events can shift the global insurance market. Every RMI student completes at least one internship during the program and 58 percent receive full-time offers from their host companies. Every RMI student receives full-time offers before graduation and their average starting salaries are in excess of $68,000.

Meet the Chair

I extend a warm welcome to students, faculty, industry partners and visitors. Our department is home to a diverse set of disciplines that equip students with the knowledge and skills needed to thrive in today's business world. The goal of the department is for students to gain the ability to understand markets, manage financial resources, assess and account for risk, and launch innovative ventures. We offer a multidiscipline curriculum supported by expert faculty and real-world learning opportunities. Our faculty are not only accomplished researchers and educators but also committed mentors dedicated to helping students thrive both academically and professionally.

We are proud to offer a collaborative and supportive environment where creativity, critical thinking and an entrepreneurial mindset can develop and thrive. Our students do not just learn in the classroom – they gain real-world experience, connect with industry professionals and build a strong foundation that prepares them to lead, adapt and make a real difference in whatever path they choose.

Phillip Mixon, Ph.D.
Department Chair
Economics, Finance, Risk Management and Insurance, Marketing, and Entrepreneurship
pamixon@troy.edu

Careers

We are proud to offer outstanding career outcomes for our graduates. The Risk Management and Insurance program has a nearly 100% job placement rate in the field within two months of graduation. Overall, more than 90% of our graduates secure positions in their chosen field or are accepted into graduate programs or law school within two months of graduation.

News

London-based specialty lines insurance company will be lead by TORY alumnus Nick Abraham

Sorrell College alumnus takes helm of London-based specialty insurance distributor as CEO

Sorrell College of Business alumnus Nick Abraham has been named chief executive officer of Amwins Global Risk, the firm's London-based specialty distributor.

Department of Economics, Finance, Risk Management and Insurance, Marketing, and Entrepreneurship

About the Department