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Bachelor of Arts-Mathematics and Economics

Thunder Bay Campus

 

INTAKE: Jan & Sept

Program Overview

The Bachelor of Arts in Mathematics and Economics program at Lakehead University offers a comprehensive and interdisciplinary education that equips students with the knowledge, skills, and experiences needed for successful careers in mathematics, economics, and related fields. Graduates are well-prepared to pursue advanced studies or enter the workforce, contributing to the advancement of knowledge and addressing economic challenges in society.

Curriculum:

  1. Interdisciplinary Curriculum: The Bachelor of Arts in Mathematics and Economics program at Lakehead University offers an interdisciplinary curriculum that combines rigorous training in mathematics with a comprehensive understanding of economic principles and theories. Students gain proficiency in mathematical techniques, statistical analysis, and economic modeling, preparing them for diverse career opportunities in both fields.

  2. Core Mathematics Courses: The program includes core mathematics courses covering topics such as calculus, linear algebra, differential equations, discrete mathematics, and mathematical modeling. These courses provide students with a strong foundation in mathematical theory and analytical problem-solving skills, which are essential for understanding economic concepts and conducting empirical research.

  3. Economics Core Courses: Students also take core courses in economics, including microeconomics, macroeconomics, econometrics, and economic theory. These courses introduce students to key economic principles, theories, and methodologies, enabling them to analyze economic phenomena, interpret economic data, and evaluate policy implications.

  4. Elective Courses: In addition to core courses, students have the flexibility to choose elective courses based on their interests and career goals. Elective courses may include topics such as mathematical finance, game theory, industrial organization, labor economics, international trade, and economic development.

  5. Research Opportunities: The program offers research opportunities for students to apply mathematical and economic theories to real-world problems. Students may participate in independent research projects, honors thesis programs, or internships with academic institutions, government agencies, or private organizations, gaining practical experience and enhancing their analytical and research skills.

  6. Quantitative Skills Development: The program emphasizes the development of quantitative skills, including mathematical modeling, statistical analysis, data interpretation, and econometric methods. Students learn how to use mathematical and statistical tools to analyze economic data, test hypotheses, and formulate economic models, preparing them for careers in fields such as finance, consulting, policy analysis, and research.

  7. Practical Applications: The interdisciplinary nature of the program allows students to explore the practical applications of mathematics and economics in various sectors, including finance, banking, government, healthcare, energy, and international development. Students learn how to apply economic principles and mathematical techniques to address complex economic issues, make informed decisions, and solve real-world problems.

  8. Critical Thinking and Communication Skills: Through coursework, projects, and presentations, students develop critical thinking, problem-solving, and communication skills that are highly valued in the workplace. They learn how to analyze complex problems, synthesize information, and communicate their findings effectively to diverse audiences, including policymakers, stakeholders, and the general public.

  9. Preparation for Graduation and Career Success: The program provides students with the knowledge, skills, and competencies needed to succeed in graduate studies or pursue careers in various fields. Graduates may pursue advanced degrees in economics, mathematics, or related disciplines, or they may enter the workforce directly, seeking employment in areas such as finance, banking, consulting, government, research, or academia.

  10. Co-op and Internship Opportunities: Lakehead University offers co-op and internship programs that allow students to gain practical work experience in their field of study. Co-op placements and internships provide students with valuable hands-on experience, professional networking opportunities, and exposure to different career paths, enhancing their employability and career prospects upon graduation.

Pollster Education

Location

Thunder Bay Campus

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

CAD 28500

ENTRY REQUIREMENTS for International Students:

Application Fees : CAD $ 135

  1. Academic Qualifications:

    • Undergraduate: To be eligible for admission to Lakehead University, international students must have completed their secondary education or its equivalent. They should have achieved a minimum grade percentage of 65% or above in their qualifying examinations.
       

  2. English Language Proficiency:

    • IELTS: For undergraduate programs, the minimum IELTS score required is an overall band score of 6.5, with no individual band score less than 6.
    • TOEFL: Lakehead University accepts a minimum TOEFL score of 88 for undergraduate programs.
    • PTE: Lakehead University requires a minimum PTE score of 60 for undergraduate programs.
    • DET: Lakehead University accepts a minimum DET score of 110 for undergraduate programs.

    It is important to note that the English language proficiency requirements may vary for different programs and levels of study. 

  3. Other Requirements:

    • Transcripts: International students must provide official transcripts from their previous educational institutions, including grades and courses completed.
    • Proof of Identity: A valid passport or other identification documents are required for the application process.
    • Letter of Intent: Some programs may require international students to submit a letter of intent or statement of purpose outlining their motivations and goals for studying at Lakehead University.
    • Letters of Recommendation: Depending on the program, international students may need to provide letters of recommendation from teachers, professors, or employers to support their application.

Lakehead University values diversity and welcomes international students who meet the entry requirements. It offers a range of undergraduate programs, including the opportunity to pursue a Bachelor's degree in various fields.

Lakehead University offers several scholarships and financial aid opportunities to support international students in their academic pursuits. These scholarships recognize students' achievements and provide assistance to help cover the cost of tuition and living expenses. 

  1. International Entrance Scholarships: Lakehead University offers a range of entrance scholarships for international students who demonstrate academic excellence. These scholarships are available to both undergraduate and graduate students and are awarded based on academic achievements and potential. The values of the scholarships vary and are renewable for subsequent years based on maintaining the required academic standing.

  2. President's Entrance Scholarships: The President's Entrance Scholarships are prestigious awards available to high-achieving international students entering Lakehead University's undergraduate programs. These scholarships are valued at a significant amount and are renewable for subsequent years based on maintaining the required academic standing.

  3. Graduate Research Assistantships: Lakehead University offers graduate research assistantships to international students pursuing research-based master's or doctoral programs. These assistantships provide financial support and valuable research experience while assisting faculty members with their research projects.

  4. International Student Bursary: The International Student Bursary is a need-based financial aid program designed to support international students facing financial challenges. This bursary provides assistance to eligible students to help cover their educational expenses.

  5. External Scholarships and Funding Opportunities: Lakehead University encourages international students to explore external scholarship opportunities offered by government agencies, foundations, and organizations in their home countries. The university provides resources and guidance to help students search for and apply to these external scholarships.

It's important to note that the eligibility criteria, application process, and deadlines for scholarships may vary. Students are advised to visit the official Lakehead University website and the specific scholarship pages for detailed information on each scholarship, including eligibility requirements, application procedures, and deadlines.

Graduates of the Bachelor of Arts in Mathematics and Economics program at Lakehead University are well-equipped with analytical, quantitative, and critical thinking skills that are highly valued in various industries. They have diverse career opportunities available to them in finance, consulting, government, research, and academia, allowing them to make meaningful contributions to society and the economy.

  1. Financial Analyst: Graduates can pursue careers as financial analysts, where they analyze financial data, conduct market research, and assess economic trends to provide recommendations for investment decisions. They may work in financial institutions, investment firms, corporate finance departments, or government agencies.

  2. Economic Consultant: With their expertise in both mathematics and economics, graduates can work as economic consultants, providing analysis and advice to businesses, governments, and non-profit organizations. They may conduct economic impact studies, cost-benefit analyses, and policy evaluations to inform decision-making processes.

  3. Actuarial Analyst: Actuarial analysts assess financial risks for insurance companies, pension funds, and other organizations. Graduates with a strong mathematical background can pursue careers in actuarial science, where they use mathematical models to analyze data, calculate probabilities, and assess financial risks related to insurance and pension plans.

  4. Data Scientist: In today's data-driven world, there is a growing demand for professionals who can analyze large datasets to extract meaningful insights and inform decision-making processes. Graduates with skills in mathematics, statistics, and economics can work as data scientists in various industries, including finance, healthcare, technology, and marketing.

  5. Policy Analyst: Graduates can work as policy analysts for government agencies, think tanks, or non-profit organizations, where they assess the economic impact of proposed policies, analyze public policy issues, and make recommendations to policymakers. They may specialize in areas such as fiscal policy, healthcare policy, environmental policy, or social policy.

  6. Market Research Analyst: Market research analysts collect and analyze data on consumer preferences, market trends, and competitive landscapes to help businesses make informed marketing and strategic decisions. Graduates with a background in mathematics and economics can excel in this role, using quantitative research methods to gather and interpret data.

  7. Business Intelligence Analyst: Business intelligence analysts use data analysis tools and techniques to help businesses improve operational efficiency, identify opportunities for growth, and optimize decision-making processes. Graduates with a combination of mathematical and economic skills can work in this field, analyzing business data to generate actionable insights.

  8. Investment Banker: Investment bankers help companies and governments raise capital by underwriting securities, facilitating mergers and acquisitions, and providing financial advisory services. Graduates with a background in mathematics and economics can pursue careers in investment banking, where they analyze financial markets, assess valuation models, and structure financial transactions.

  9. Research Economist: Graduates can work as research economists for academic institutions, government agencies, or research organizations, where they conduct economic research, analyze data, and publish findings in academic journals or policy reports. They may specialize in areas such as labor economics, environmental economics, development economics, or macroeconomics.

  10. Graduate Studies: The Bachelor of Arts in Mathematics and Economics program provides a solid foundation for further studies at the graduate level. Graduates may pursue master's or doctoral degrees in economics, mathematics, finance, or related fields, leading to advanced research opportunities, academic positions, or specialized careers in academia, industry, or government.

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