What is the woman’s status at the university?

M: You seem to know your way around the campus. Have you been here long?
W: I’m a senior literature major. I’ll be graduating next June.
M: Your major is literature? Mine is, too. But I’m just beginning my work in my major. I just transferred to this university from a junior college. Perhaps you could tell me about the courses you’ve got to take for a literature major.
W: Well, for a literature major you need to take eight courses, three required courses and five electives. First, you have to take "Survey of World Literature, Parts One and Two". This is really two courses, and it’ll take two semesters, and it’s required for all literature majors. The other course required for all literature majors is "Introduction to literary analysis".
M: You mean, if I want to specialize in American literature, I still must take two semesters of world literature?
W: Yes, because the two semesters are required for all literature majors.
M: But I only want to study American literature!
W: At least you can take all of your five elective courses in the area that you want.
M: That’s what I’ll do, then.