Bachelor of Arts in Economic Studies

The Bachelor of Arts in Economic Studies program at the University of New Brunswick (UNB) offers students a comprehensive understanding of economic theory, principles, and applications. This program provides a rigorous examination of microeconomic and macroeconomic concepts, as well as quantitative methods and analytical tools used in economic analysis.

Curriculum: The curriculum of the Bachelor of Arts in Economic Studies program is designed to cover a broad range of topics in economics, including microeconomics, macroeconomics, econometrics, economic history, and specialized areas such as international economics, development economics, and environmental economics. Core courses provide students with a solid foundation in economic theory and methodology, while elective courses allow students to tailor their studies to their interests and career goals. Additionally, students may have opportunities for hands-on learning experiences through internships, research projects, or experiential learning placements.

Research Focus: UNB emphasizes a research-focused approach within the Bachelor of Arts in Economic Studies program, encouraging students to engage in empirical research and theoretical inquiry to address real-world economic challenges. Research initiatives may include conducting econometric analysis, analyzing economic data, evaluating public policies, and exploring contemporary issues in economics. Students have the opportunity to collaborate with faculty mentors, participate in research seminars, and present their findings at academic conferences or publish in scholarly journals.

Industry Engagement: The University of New Brunswick fosters connections with the business community, government agencies, and nonprofit organizations to provide students with opportunities for industry engagement and professional development. Through partnerships with employers, alumni networks, and career services, students have access to internships, co-op placements, networking events, and guest lectures from industry professionals. These connections enable students to gain practical experience, build professional relationships, and enhance their employability upon graduation.

Global Perspective: UNB encourages students in the Bachelor of Arts in Economic Studies program to develop a global perspective by exploring economic issues within broader international, political, and social contexts. Courses may address topics such as globalization, trade policy, economic development, poverty alleviation, and financial markets from a global perspective. Additionally, students may have opportunities for international exchanges, study abroad programs, or research projects that expose them to diverse economic systems, cultures, and perspectives on economic issues around the world.

Application Fees: CAD$ 125

Academic Qualifications: A minimum overall percentage of 70% in your high school or secondary school studies is typically required. Please note that specific programs may have additional requirements or higher admission standards.

English Language Proficiency:

• IELTS: A minimum overall score of 6.5, with no band score less than 6.
• TOEFL: A minimum score of 85 on the internet-based test (iBT).
• PTE Academic: A minimum score of 59.
• DET (Duolingo English Test): A minimum score of 115.

The University of New Brunswick (UNB) offers several scholarships and financial aid opportunities to support international students in their academic journey. These scholarships are awarded based on various criteria such as academic excellence, extracurricular achievements, and financial need. 

UNB International Excellence Scholarships: These scholarships are awarded to international undergraduate students who demonstrate academic excellence. The scholarship values range from $8,000 to $35,000 CAD and are renewable for up to four years of study.

Entrance Scholarships for International Students: UNB offers a range of entrance scholarships specifically for international students entering undergraduate programs. These scholarships are based on academic achievement and vary in value.

International Baccalaureate Scholarships: UNB recognizes the achievements of international students who have completed the International Baccalaureate (IB) program. Scholarships ranging from $1,000 to $5,000 CAD are awarded to eligible IB graduates.

Study Abroad Scholarships: UNB provides scholarships for international students who wish to participate in study abroad programs. These scholarships help cover the costs of tuition, travel, and living expenses during the study abroad experience.

External Scholarships: UNB also encourages international students to explore external scholarship opportunities from government agencies, foundations, and organizations in their home countries. The university provides support and guidance in finding and applying for these scholarships.

It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary.

Graduates of the Bachelor of Arts in Economic Studies program at the University of New Brunswick (UNB) are equipped with a strong analytical foundation and critical thinking skills that are highly valued across various industries. 

Economist: Graduates can pursue careers as economists, working for government agencies, research institutes, consulting firms, or financial institutions. They analyze economic data, conduct research, and provide insights and forecasts on economic trends, policies, and market conditions to inform decision-making.

Financial Analyst: Graduates can work as financial analysts, evaluating investment opportunities, analyzing financial statements, and providing recommendations to investors, corporations, or financial institutions. They assess risks, perform valuation models, and monitor economic indicators to guide financial decision-making.

Policy Analyst: Graduates can pursue careers as policy analysts, working for government departments, think tanks, or nonprofit organizations. They research and evaluate public policies, assess their impacts on economic outcomes and societal welfare, and make recommendations for policy reforms or interventions.

Data Analyst: Graduates with strong quantitative skills can work as data analysts, extracting, analyzing, and interpreting large datasets to identify patterns, trends, and insights relevant to economic research, market analysis, or business intelligence.

Investment Banker: Graduates can pursue careers in investment banking, advising corporations, governments, or institutional investors on mergers and acquisitions, capital raising, and strategic financial decisions. They structure deals, conduct due diligence, and provide financial advisory services to clients.

Market Research Analyst: Graduates can work as market research analysts, studying consumer behavior, market trends, and competitive landscapes to help companies make informed decisions about product development, marketing strategies, and business expansion.

Financial Planner: Graduates can become financial planners, helping individuals and families manage their finances, plan for retirement, invest in stocks, bonds, or mutual funds, and achieve their financial goals through personalized financial advice and wealth management strategies.

International Development Specialist: Graduates interested in global issues can pursue careers in international development, working for NGOs, international organizations, or government agencies. They design and implement projects to promote economic growth, poverty reduction, and sustainable development in developing countries.

Statistician: Graduates with a strong background in econometrics and statistical analysis can work as statisticians, collecting, analyzing, and interpreting data to support economic research, policy analysis, or business decision-making in various industries.

Business Consultant: Graduates can work as business consultants, providing strategic advice and expertise to businesses, governments, or nonprofit organizations on a wide range of economic and business-related issues, such as market entry strategies, cost optimization, or organizational restructuring.