Bachelor of Science in Combined Statistics/Economics

Regina

 

INTAKE: Jan, May & Sept

Program Overview

The Bachelor of Science in Combined Statistics/Economics program at the University of Regina offers students a unique interdisciplinary education that integrates statistical analysis with economic theory and applications. This program equips students with a strong foundation in both disciplines, preparing them for diverse career opportunities in fields such as data analysis, economic research, financial modeling, and policy analysis. The Bachelor of Science in Combined Statistics/Economics program at the University of Regina offers students a rigorous education in statistics, economics, and econometrics, preparing them for diverse career opportunities in data analysis, economic research, policy analysis, and related fields. With its interdisciplinary curriculum, quantitative analysis skills, research opportunities, and professional development initiatives, the program equips students with the knowledge, skills, and practical experience needed to succeed in today's data-driven economy and make meaningful contributions to society.

Curriculum:

  1. Interdisciplinary Curriculum: The Combined Statistics/Economics program features an interdisciplinary curriculum that combines coursework from both statistics and economics disciplines. Students study core subjects such as statistical methods, probability theory, econometrics, microeconomics, and macroeconomics. This interdisciplinary approach allows students to develop a deep understanding of statistical techniques and economic principles, as well as their applications in various contexts.

  2. Foundational Courses: The program includes foundational courses in statistics and economics that provide students with a solid grounding in key concepts, theories, and analytical methods. Statistics courses cover topics such as data analysis, probability distributions, statistical inference, and regression analysis. Economics courses cover topics such as supply and demand, market structures, national income accounting, and economic policy. Through these courses, students develop quantitative skills, critical thinking abilities, and a strong theoretical foundation in both disciplines.

  3. Quantitative Analysis Skills: The Combined Statistics/Economics program emphasizes the development of quantitative analysis skills that are essential for analyzing economic data and conducting statistical research. Students learn statistical software tools such as R or Python to manipulate data, perform statistical tests, and visualize results. They also learn econometric techniques to estimate economic relationships, test hypotheses, and interpret empirical findings. Quantitative analysis skills enable students to analyze complex datasets, identify patterns, and make evidence-based decisions in economics and related fields.

  4. Applied Statistics and Economics: The program includes coursework in applied statistics and economics, where students apply statistical methods and economic theory to real-world problems and research questions. Students learn how to design experiments, collect data, and analyze data using statistical techniques such as regression analysis, time series analysis, and multivariate analysis. They also apply economic models to analyze economic behavior, forecast economic trends, and evaluate policy interventions. Applied statistics and economics courses provide students with practical skills and analytical tools that are valuable in various industries and research settings.

  5. Econometric Analysis: The Combined Statistics/Economics program covers econometric analysis, which focuses on the application of statistical methods to economic data. Students learn how to model economic relationships, estimate parameters, and test hypotheses using econometric techniques such as linear regression, instrumental variables, and panel data analysis. Econometric analysis skills enable students to analyze economic phenomena, evaluate economic policies, and conduct empirical research in economics and related fields.

  6. Research Opportunities: The University of Regina encourages undergraduate research, and the Combined Statistics/Economics program provides opportunities for students to engage in research activities. Students may work on independent research projects, collaborate with faculty mentors on research initiatives, or participate in research conferences and competitions. Engaging in research allows students to apply statistical and economic concepts to real-world problems, develop research skills, and contribute to the advancement of knowledge in statistics and economics.

  7. Professional Development: The program offers opportunities for professional development, such as internships, cooperative education placements, and career workshops. Students have the opportunity to gain practical work experience in government agencies, research institutes, non-profit organizations, or private-sector firms. Professional development activities help students build networks, gain industry experience, and develop skills that are relevant to their career interests in statistics, economics, or related fields.

  8. Faculty Expertise: The Combined Statistics/Economics program is taught by a team of experienced faculty members who are experts in statistics, economics, and related fields. Faculty members have diverse research interests and methodological expertise, ranging from statistical theory to applied econometrics. They bring real-world experience and scholarly expertise to the classroom, enriching students' learning experiences with practical examples, case studies, and research findings. Faculty members provide mentorship, guidance, and support to students, fostering a collaborative and engaging learning environment.

  9. Flexibility and Electives: The program offers flexibility for students to tailor their coursework to their interests and career goals. Students may choose elective courses in specialized areas of statistics or economics, such as financial econometrics, time series analysis, experimental design, or behavioral economics. Elective courses allow students to deepen their knowledge in specific areas of interest and develop expertise relevant to their career aspirations in statistics, economics, or related fields.

  10. Preparation for Graduate Studies: The Combined Statistics/Economics program prepares students for further studies at the graduate level in statistics, economics, data science, or related fields. Students interested in pursuing graduate studies have the opportunity to take advanced courses, engage in research projects, and develop strong analytical and quantitative skills that are highly valued in graduate programs. Graduates of the program are well-prepared to pursue advanced degrees and careers in academia, research institutions, government agencies, or private-sector firms.

Pollster Education

Location

Regina

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

CAD 20500

Entry Requirements for Undergraduate Programs:

Application Fee: CAD $100

Academic Qualifications: Indian students applying for undergraduate programs are required to have completed their 10+2 education from a recognized Indian board or institution. The minimum academic requirement is 55% minimum in Grade 12.

English Language Proficiency: The University of Regina requires IELTS score of overall 6.5 bands with no band less than 6. Minimum requirement for TOEFL iBT is overall 80 with no band less than 19. PTE overall score of 59 is required & DET score of 120 is required.

The University of Regina offers a range of scholarships and financial aid opportunities to support international students in their educational journey. These scholarships are designed to recognize academic excellence, provide financial assistance, and attract talented students from around the world. 

Entrance Scholarships: The University of Regina offers several entrance scholarships for international students applying to undergraduate programs. These scholarships are awarded based on academic achievements and vary in value. Eligible students are automatically considered for these scholarships upon admission.

International Excellence Scholarship: This scholarship is available to both undergraduate and graduate international students who demonstrate academic excellence and leadership potential. The scholarship ranges in value and is renewable for multiple years of study.

President's Scholarship for World Leaders: This prestigious scholarship is awarded to exceptional international students entering their first year of undergraduate studies. It covers tuition fees and provides a living allowance. Recipients are selected based on academic achievements, leadership qualities, and community involvement.

Donor-Funded Scholarships: The university receives generous contributions from donors who establish scholarships to support international students. These scholarships may have specific eligibility criteria, such as academic performance, financial need, or specific areas of study.

Government Scholarships: International students may also be eligible for scholarships offered by their home country's government or other external funding agencies. The University of Regina assists students in exploring and applying for these opportunities.

It is important to note that scholarship availability, criteria, and application deadlines may vary each year. Therefore, it is recommended for prospective international students to visit the official University of Regina website and the specific scholarship pages for the most up-to-date and detailed information.

Graduating with a Bachelor of Science in Combined Statistics/Economics from the University of Regina offers a multitude of career opportunities in diverse sectors where analytical skills, quantitative analysis, and economic expertise are highly valued. This interdisciplinary program equips students with a unique skill set that is in demand across various industries. Graduates of the Bachelor of Science in Combined Statistics/Economics program from the University of Regina are well-equipped for diverse and rewarding career opportunities in economics, statistics, finance, research, consulting, and data analysis. With their interdisciplinary skills, analytical mindset, and quantitative expertise, graduates play a crucial role in addressing complex challenges, informing decision-making, and driving innovation in today's dynamic and data-driven world.

  1. Economist: Graduates can pursue careers as economists in government agencies, research institutions, or private-sector organizations. They analyze economic data, conduct research, and provide insights on economic trends, policy issues, and market dynamics. Economists may specialize in areas such as macroeconomics, microeconomics, labor economics, or applied econometrics, contributing to economic policy formulation, forecasting, and program evaluation.

  2. Statistician: Graduates can work as statisticians in government, healthcare, finance, or research organizations, applying statistical methods to analyze data and solve real-world problems. Statisticians design experiments, collect data, and develop statistical models to understand patterns, trends, and relationships in data sets. They may specialize in areas such as survey methodology, biostatistics, or predictive analytics, providing valuable insights to inform decision-making and policy development.

  3. Data Analyst: Graduates can pursue careers as data analysts in industries such as finance, marketing, healthcare, or technology, where they analyze large data sets to extract meaningful insights and inform business strategies. Data analysts use statistical techniques and data visualization tools to identify patterns, trends, and correlations in data, helping organizations make data-driven decisions and gain competitive advantages in the marketplace.

  4. Financial Analyst: Graduates can work as financial analysts in banking, investment firms, or financial services companies, where they analyze financial data, evaluate investment opportunities, and provide recommendations on portfolio management and risk assessment. Financial analysts use statistical methods and economic principles to assess market trends, predict asset values, and make investment decisions that optimize returns and minimize risks for clients.

  5. Policy Analyst: Graduates can pursue careers as policy analysts in government agencies, non-profit organizations, or research institutes, where they analyze economic data, evaluate policy options, and make recommendations to policymakers on issues such as taxation, healthcare, education, or environmental sustainability. Policy analysts use statistical analysis and economic modeling to assess the impact of policy interventions and inform evidence-based policy decisions that promote economic growth and social welfare.

  6. Market Research Analyst: Graduates can work as market research analysts in industries such as consumer goods, retail, or technology, where they collect and analyze data to understand consumer preferences, market trends, and competitive landscapes. Market research analysts use statistical techniques and survey methodologies to conduct market research studies, identify market opportunities, and develop marketing strategies that target specific customer segments and drive business growth.

  7. Actuary: Graduates with strong quantitative skills and knowledge of economics can pursue careers as actuaries in insurance companies, consulting firms, or financial institutions, where they assess financial risks, develop pricing models, and design insurance products. Actuaries use statistical methods and economic principles to analyze demographic trends, mortality rates, and investment returns, helping organizations manage financial risks and ensure solvency in an uncertain environment.

  8. Research Analyst: Graduates can work as research analysts in academic institutions, think tanks, or policy research organizations, where they conduct empirical research, analyze economic data, and contribute to scholarly publications or policy reports. Research analysts may focus on specific areas such as labor economics, health economics, or environmental economics, conducting research studies that advance knowledge in their field and inform public policy debates.

  9. Business Intelligence Analyst: Graduates can pursue careers as business intelligence analysts in companies that rely on data-driven decision-making, such as e-commerce, telecommunications, or software development firms. Business intelligence analysts use statistical techniques and data mining tools to analyze business performance, identify opportunities for optimization, and develop data-driven strategies that improve operational efficiency and drive business growth.

  10. Consultant: Graduates can work as consultants in management consulting firms, economic consulting firms, or financial advisory firms, providing strategic advice and analytical support to businesses, government agencies, or non-profit organizations. Consultants use their expertise in statistics and economics to analyze business problems, develop solutions, and implement recommendations that help clients achieve their objectives and overcome challenges in a competitive market environment.


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