Economics and Finance Department
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Economics and Finance Department

What We Do:

We prepare students for leadership roles in the 21st century global economy. Students gain a solid foundation in economics and finance that is rooted in the Jesuit tradition of social responsibility and ethics. This background is essential for navigating a business world in constant evolution. 

How We Stand Out:

Accredited by AACSB International. The Kania School of Management is among fewer than 5 percent of business schools worldwide hold this prestigious distinction.

Nationally and internationally acclaimedPrinceton Review has listed Kania among the Best Business Schools for the past 5 years. In 2008, Entrepreneur Magazine ranked the MBA program among the top 15 nationally in general management. U.S. News and World Report also recognizes the Kania School among its list of best business schools.

Jesuit education. The goals of the department reflect our Jesuit values of social responsibility and giving back to others. Scranton economics and finance graduates are well-rounded and thoughtful contributors to society with a strong commitment to ethical business practices.

Alperin Financial Center. Students obtain hands-on experience with stock and foreign-currency markets. This state-of-the-art center simulates a trading floor, complete with: an electronic ticker displaying data feeds directly from Wall Street, monitors displaying up-to-the-minute financial news, 12 Bloomberg terminals, and computing hardware and software that facilitate sophisticated analyses of equities and currencies.

Did you know? More students from the Economics and Finance Department have received the prestigious McGowan Scholarship than students from all the other business departments combined.


  • B.S. Economics - The major in Economics equips students with the training and background needed to assume responsible, decision-making positions in the financial sector, industries and government service. It is especially appropriate for students intending graduate studies in Economics or careers in law.
  • B.S. Finance - Finance majors learn how to make financial decisions for organizations. Course work covers such topics as investments, portfolio management, and fixed income securities and markets. The department offers two tracks within the Finance major: Financial Services and Corporate Finance.
  • B.S. International Business - An interdisciplinary program, drawing on all areas of business, with a particular focus on international trade, multinational corporations, and foreign direct investment.
  • Combined BS/MBA in Finance - This program provides Kania School of Management students the opportunity to complete a combined bachelor's degree and MBA in a five year period.

Meet Our Faculty:

The Economics and Finance Department at the University of Scranton has a long-standing tradition of excellence in teaching and scholarship.

Students gain an international perspective of finance and economics, which is essential for doing business in today’s global economy. Our faculty is comprised of leaders from around the world. Their impressive academic credentials include:

  • London School of Economics
  • University of Calcutta
  • University of Punjab, Pakistan
  • Aristotle University of Thessaloniki, Greece
  • Yerevan State University, Armenia
  • Delhi School of Economics, University of India
  • Fudan University

Iordanis Petsas, Ph.D.



Associate Professor of Economics

B.A., Aristotle University of Thessaloniki
M.A., Ph.D., University of Florida

Phone: 570-941-7752
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Aram Balagyozyan, Ph.D.


Associate Professor of Economics

B.S., Yerevan State University
Ph.D., The Graduate School and University Center of the City University of New York

Phone: 570-941-5934
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Jinghan Cai, Ph.D.


Assistant Professor of Finance

Ph.D., Boston College
Ph.D., City University of Hong Kong
B.A., Renmin University of China

Phone: (570) 941-4773
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Satyajit Ghosh, Ph.D.


Professor of Economics

B.A., Presidency College, India
M.A., University of Calcutta
M.A., Ph.D., State University of New York at Buffalo

Phone: 570-941-6197
Send an email

Riaz Hussain, Ph.D.


Associate Professor of Finance

B.S., Forman College, Pakistan
M.S., University of Punjab, Pakistan
M.B.A., The University of Scranton
Ph.D., Johns Hopkins University
Ph.D., Lehigh University

Phone: 570-941-7497
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John Kallianiotis, Ph.D.


Professor of Finance

B.A., Aristotle University of Thessaloniki
M.A., M.Ph., Ph.D., City University of New York

Phone: 570-941-7577
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Hong Nguyen, Ph.D.


Associate Professor of Economics

B.S., State University of New York at Brockport
M.A., Ph.D., Binghamton University

Phone: 570-941-7475
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Christos Pargianas, Ph.D.


Associate Professor of Economics

B.A., Aristotle University of Thessaloniki
M.A., University of Macedonia
M.A, Brown University
Ph.D., Brown University

Phone: 570-941-7176
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John Ruddy, D.P.S.


Assistant Professor of Finance

B.S. The University of Scranton
M.B.A. The George Washington University
D.P.S. Pace University

Phone: 570-941-4043
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Edward Scahill, Ph.D.


Associate Professor of Economics

B.S., St. Bonaventure University
M.A., Ph.D., Binghamton University

Phone: 570-941-4187
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Susan Trussler, Ph.D.


Associate Professor of Economics

B.Sc., London School of Economics
M.S., Ph.D., The Pennsylvania State University
A.P.C., New York University

Phone: 570-941-6122
Send an email

Inside the Classroom:

Students appreciate our warm culture of cura personalis – or care of the whole person – in the Jesuit tradition. Faculty members are accessible and available to students on a routine basis through a generous open door policy. Students discover a strong sense of community at Scranton and mentoring relationships with faculty.

We offer small classes and personal attention from faculty who have years experience both in industry and the classroom. And we complement that with internships, research opportunities and hands-on experience with industry standard finance technologies.

In addition, faculty members like Aram Balagyozyan take advantage of events like meetings of the Federal Reserve to bring students to the trading floor to observe in person how the market reacts to major changes.

Faculty-mentored Student Research:

Scranton undergraduate students have the unique opportunity to participate in faculty-mentored research. One example is an Assessment on Research in International Finance, Exchange Rate, and EU with Dr. John Kallianiotis. By participating in this research, students gain skills in data analysis and learn how to prepare material for publication.

Career Outcomes:

Our dedicated faculty and staff are committed to preparing students to succeed in whatever career path they choose. For some, that means business or law school. Other graduates begin their career in industry, including prestigious Wall Street firms.

Scranton alumni are employed by:

  • AXA Financial
  • Federal Reserve Board of Governors
  • JP Morgan Chase
  • Pershing Securities
  • Prudential Asset Management
  • FactSet
  • Goldman Sachs
  • Morgan Stanley Smith Barney
  • PNC Bank