Bachelor of Science in Economics

Fredericton

 

INTAKE: Jan, May & Sept

Program Overview

The Bachelor of Science in Economics program at the University of New Brunswick (UNB) offers students a comprehensive understanding of economic principles, theories, and analytical tools. This program is designed to equip graduates with the knowledge and skills necessary to analyze economic phenomena, make informed policy recommendations, and contribute to solutions for complex societal challenges. UNB's Economics program provides a solid foundation for students pursuing careers in fields such as finance, public policy, international development, and data analysis.

Curriculum: UNB's Economics curriculum covers a wide range of topics, including microeconomics, macroeconomics, econometrics, economic theory, and quantitative methods. Students engage in rigorous coursework that fosters critical thinking, problem-solving, and data analysis skills. Elective courses allow students to tailor their studies to their interests and career goals, with options such as environmental economics, labor economics, international trade, and financial economics. Through seminars, projects, and independent research, students gain practical experience and apply economic principles to real-world issues.

Research Focus: The Economics department at UNB is committed to fostering research excellence and innovation. Faculty members are actively engaged in research projects spanning various subfields of economics, including economic policy analysis, regional development, health economics, and behavioral economics. Undergraduate students have the opportunity to participate in research initiatives, working alongside faculty mentors to conduct empirical studies, analyze data, and contribute to scholarly publications. This hands-on research experience enhances students' analytical skills and prepares them for graduate studies or careers in research-intensive fields.

Industry Engagement: UNB's Economics program maintains strong connections with industry partners, providing students with opportunities for internships, co-op placements, and experiential learning. Through partnerships with government agencies, financial institutions, non-profit organizations, and private sector firms, students gain practical experience and insights into real-world economic issues and policymaking processes. Industry engagement initiatives, such as guest lectures, networking events, and case competitions, enhance students' professional development and facilitate pathways to career opportunities upon graduation.

Global Perspective: Economics is inherently a global discipline, with economic phenomena interconnected across borders. UNB's Economics program emphasizes a global perspective, exploring international trade, development economics, global finance, and economic policy implications in a diverse and interconnected world. Through coursework, study abroad programs, and research collaborations with international partners, students gain exposure to diverse economic systems, cultural contexts, and global challenges. This global perspective prepares graduates to navigate the complexities of the global economy and contribute to solutions for global issues such as poverty, inequality, and environmental sustainability.

Pollster Education

Location

Fredericton

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

CAD 19148

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.

Graduating with a Bachelor of Science in Economics from the University of New Brunswick (UNB) opens up a multitude of career pathways. 

Finance and Banking: Economics graduates are highly sought after in the finance and banking sectors. With a strong foundation in economic theory, quantitative analysis, and financial modeling acquired through UNB's program, graduates can pursue roles such as financial analysts, investment bankers, risk managers, or financial advisors. They may work for commercial banks, investment firms, insurance companies, or government regulatory agencies, analyzing market trends, assessing investment opportunities, and managing financial portfolios.

Public Policy and Government: Economics plays a crucial role in shaping public policy and government decision-making. Graduates can work for government agencies, think tanks, or non-profit organizations, providing economic analysis and policy recommendations on issues such as taxation, healthcare, education, and environmental regulation. With UNB's emphasis on empirical research and data analysis, graduates are equipped to contribute to evidence-based policymaking, program evaluation, and economic development initiatives at the local, regional, or national level.

International Development: Economics graduates with a focus on international economics and development studies can pursue careers in international organizations, NGOs, or government agencies involved in global development initiatives. They may work on projects related to poverty reduction, sustainable development, trade policy, or economic reform in developing countries. UNB's Economics program offers courses on international trade, economic development, and globalization, providing graduates with a strong understanding of global economic issues and cross-cultural competencies essential for careers in international development.

Data Analysis and Consulting: The analytical and quantitative skills acquired through UNB's Economics program are highly transferable to careers in data analysis and consulting. Graduates can work for consulting firms, market research companies, or data analytics firms, analyzing economic data, conducting market research, and providing strategic recommendations to businesses and organizations. They may specialize in areas such as econometrics, statistical analysis, or business intelligence, helping clients make informed decisions and optimize their operations.

Entrepreneurship and Business Management: Economics graduates with an entrepreneurial mindset may choose to start their ventures or pursue careers in business management. With a solid understanding of market dynamics, consumer behavior, and business strategy, graduates can launch startups, manage small businesses, or work in management roles in industries such as retail, healthcare, technology, or hospitality. UNB's Economics program equips graduates with critical thinking skills, problem-solving abilities, and a strong business acumen essential for entrepreneurial success and leadership in the business world.


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