B.S. in Economics, Pathway - 3 Semester

Entry requirements for Undergraduate admissions

Application Fee:  US $75

1. Academic Qualifications: The academic qualifications carry significant weight in the admission process, contributing 75% towards the evaluation of an applicant's eligibility. While specific academic requirements may vary depending on the program and degree level, applicants are generally expected to have a strong academic background with a high school diploma or equivalent. The evaluation of academic qualifications may consider factors such as GPA, class rank, coursework rigor, and academic achievements.

2. English Language Proficiency:  

   • IELTS: A score of 5.5 overall, with no individual band score less than 5.5.
   • TOEFL: A score ranging from 60 on the internet-based test (iBT).
   • PTE: A score ranging from 44.
   • DET: A score ranging from 90.
      
3. Score reporting required.

Virginia Tech Language and Culture Institute (LCI) offers various scholarships and financial aid opportunities to support international students pursuing English language programs and cultural immersion experiences. These scholarships aim to recognize academic achievement, promote diversity, and alleviate financial barriers for qualified students. Virginia Tech Language and Culture Institute offers a range of scholarships and financial aid opportunities to support international students in their academic pursuits and cultural experiences. These scholarships recognize academic achievement, promote diversity, and provide financial assistance to qualified students from diverse backgrounds. By investing in scholarships and financial aid, LCI aims to make quality education accessible and affordable for international students and contribute to their academic success and personal development.

LCI International Student Scholarship: This scholarship is awarded to outstanding international students who demonstrate academic excellence, leadership potential, and a commitment to cross-cultural understanding. Eligible candidates are selected based on their academic achievements, extracurricular activities, personal statements, and letters of recommendation. The scholarship covers partial tuition fees and may vary in amount depending on available funds and the number of recipients.

Merit-Based Scholarships: LCI offers merit-based scholarships to high-achieving international students who excel academically and exhibit exceptional language proficiency. These scholarships are awarded based on academic records, standardized test scores (such as TOEFL or IELTS), letters of recommendation, and other criteria determined by the scholarship committee. Recipients receive financial assistance to cover a portion of their tuition expenses for English language programs.

Need-Based Financial Aid: LCI provides need-based financial aid to international students who demonstrate financial need and require assistance to meet the costs of their education. Eligibility for need-based aid is determined through a comprehensive review of students' financial circumstances, including family income, assets, expenses, and other relevant factors. Financial aid packages may include scholarships, grants, loans, and work-study opportunities to help students afford their education at LCI.

Diversity Scholarships: LCI values diversity and seeks to foster an inclusive learning environment that celebrates cultural differences and promotes global citizenship. As part of its commitment to diversity, the institute offers scholarships to students from underrepresented regions, minority backgrounds, and marginalized communities. These scholarships aim to increase access to education and promote equity and inclusion within the student body.

Program-Specific Scholarships: Some English language programs at LCI may have specific scholarships or funding opportunities available to students enrolled in those programs. These scholarships may be sponsored by academic departments, private donors, or external organizations and may have specific eligibility criteria, application requirements, and deadlines. Students are encouraged to inquire about available scholarships when applying to their desired programs.

The B.S. in Economics program offered by Virginia Tech Language and Culture Institute opens up a myriad of career opportunities for graduates, equipping them with the necessary skills and knowledge to excel in various sectors. The B.S. in Economics program at Virginia Tech Language and Culture Institute prepares graduates for diverse career paths, empowering them to make valuable contributions to the global economy, businesses, and society at large. With a strong analytical foundation and practical skills, graduates are poised for success in dynamic and rewarding professions.

1. Financial Analyst: Graduates can pursue roles as financial analysts, where they analyze financial data, trends, and market conditions to provide insights and recommendations for investment decisions. With a strong foundation in economics, graduates are well-equipped to assess risk, forecast economic trends, and evaluate investment opportunities.

2. Economic Consultant: Economic consulting firms often seek out graduates with expertise in economics to provide strategic advice to businesses, government agencies, and non-profit organizations. Consultants help clients navigate complex economic issues, conduct market research, and develop policies to optimize performance and achieve objectives.

3. Policy Analyst: Government agencies and think tanks hire economists to analyze public policies, assess their economic impact, and make recommendations for policy formulation and implementation. Graduates may work on issues such as healthcare, education, environmental regulation, or international trade, influencing decision-making at local, national, and international levels.

4. Data Analyst/Statistician: With proficiency in econometrics and data analysis techniques, graduates can pursue careers as data analysts or statisticians in various industries. They collect, organize, and analyze data to identify patterns, trends, and correlations, enabling organizations to make informed business decisions and optimize operations.

5. Market Research Analyst: Market research firms and marketing departments value economists for their ability to analyze consumer behavior, market trends, and competitive landscapes. Graduates may conduct surveys, interpret data, and generate insights to help businesses understand their target audience, assess market demand, and develop effective marketing strategies.

6. Investment Banking Analyst: Graduates with a strong understanding of economics are well-suited for roles in investment banking, where they assist in financial analysis, valuation, and deal structuring for mergers, acquisitions, and capital raising activities. They provide financial models, conduct industry research, and assess the financial viability of investment opportunities.

7. Entrepreneur/Startup Advisor: Armed with a solid foundation in economics, graduates may choose to pursue entrepreneurial ventures or work as advisors for startups. They can apply economic principles to assess market opportunities, develop business plans, and make strategic decisions to drive growth and profitability in new ventures.

8. Academic Researcher/Professor: For those inclined towards academia, a B.S. in Economics serves as a stepping stone for further studies and research in economics or related fields. Graduates may pursue advanced degrees and research positions, contributing to the academic community through scholarly publications, teaching, and mentorship.

9. International Trade Specialist: In an increasingly globalized economy, there is a demand for professionals well-versed in international trade policies and practices. Graduates can work for government agencies, multinational corporations, or trade organizations, facilitating international business transactions, negotiating trade agreements, and addressing trade-related issues.

10. Nonprofit Sector Roles: Nonprofit organizations focused on economic development, poverty alleviation, and social welfare often seek economists to design and evaluate programs, conduct impact assessments, and advocate for policy reforms. Graduates can make meaningful contributions to society by applying economic principles to address social and economic challenges.