Master of Accountancy
The University of Alabama (UA) in the USA offers a Master of Accountancy (MAcc) program...
B.S. in Economics
Tuscaloosa, Alabama
INTAKE: Jan , June , Aug
Program Overview
The University of Alabama in Tuscaloosa, USA, offers a dynamic B.S. program in Economics designed to provide students with a comprehensive understanding of economic principles, theory, and applications. This program equips students with analytical skills, quantitative methods, and critical thinking abilities necessary to analyze complex economic issues, make informed decisions, and pursue diverse career opportunities in economics, finance, public policy, and related fields.
AACSB Accredited: The B.S. in Economics program at the University of Alabama is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation that reflects the program's commitment to academic excellence, continuous improvement, and high-quality education in business and economics. AACSB accreditation ensures that the program meets rigorous standards of faculty qualifications, curriculum relevance, student learning outcomes, and continuous improvement processes, providing students with a recognized credential and ensuring that their education meets the highest standards of quality and rigor.
Curriculum: The curriculum of the B.S. in Economics program covers a wide range of topics including microeconomics, macroeconomics, econometrics, quantitative methods, economic analysis, and elective courses in specialized areas such as labor economics, international economics, financial economics, or public economics. Students also have the opportunity to pursue interdisciplinary coursework in related fields such as mathematics, statistics, computer science, or business administration to enhance their analytical and technical skills. The curriculum emphasizes theoretical understanding, empirical analysis, and practical applications, preparing students for careers in diverse sectors or further study in graduate programs.
Research Focus: The University of Alabama promotes research in economics, providing students and faculty with opportunities to engage in empirical research, theoretical analysis, and applied research projects. Research in economics may focus on topics such as economic policy analysis, labor market dynamics, financial market behavior, economic development, or environmental economics. Students may have the opportunity to participate in research projects, work with faculty mentors, or conduct independent research to explore economic issues, develop research skills, and contribute to knowledge in the field.
Industry Engagement: The university maintains strong connections with industry partners, government agencies, and non-profit organizations to provide students with practical experience and industry engagement opportunities. Students may participate in internships, co-op programs, or experiential learning opportunities in financial institutions, consulting firms, government agencies, or research organizations. They may also engage with guest speakers, alumni, or industry professionals through networking events, career fairs, or industry-sponsored projects to gain insights into real-world applications of economic principles and practices.
Global Perspective: Economics is a global discipline influenced by international trade, finance, and economic policy. The B.S. in Economics program at the University of Alabama incorporates a global perspective into its curriculum, exposing students to diverse economic systems, international markets, and global economic challenges. Students may study international trade agreements, exchange rate mechanisms, global economic development, or comparative economic systems to understand the interconnectedness of economies and the implications of economic decisions on a global scale.
Location
Tuscaloosa, Alabama
Score
IELTS 6
Tuition Fee
USD 32400
Undergraduate Entry Requirements
Application Fees: US$ 40
Academic Qualifications: Prospective undergraduate students are required to have a minimum academic achievement of 75% or above in their previous educational qualifications.
English Language Proficiency
- IELTS Requirement: A minimum overall score of 6.0 is often required.
- TOEFL Requirement: A minimum overall score of 79 is often required.
- PTE Requirement: A minimum overall score of 54 is often required.
- DET Requirement: A DET score of 110 is required.
Standardized Test Requirements
- SAT EBRW: A SAT EBRW score of 550 is required.
- SAT Maths: A SAT Maths score of 550 is required.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
These scholarships are awarded based on various criteria, including academic merit, leadership qualities, extracurricular involvement, and community service.
International Presidential Scholarship: This highly competitive scholarship is awarded to a limited number of outstanding international students. It covers the full cost of tuition for up to four years of undergraduate study. Recipients are selected based on academic achievement, leadership potential, and involvement in extracurricular activities.
Capstone International Scholarship: This scholarship is available to undergraduate international students who demonstrate exceptional academic performance. It provides a partial tuition waiver, reducing the overall tuition expenses. The scholarship is renewable for up to four years, subject to maintaining the required GPA.
Global Ambassador Scholarship: This scholarship is awarded to undergraduate international students who actively promote cross-cultural understanding and engagement on campus. Recipients receive a partial tuition waiver and are expected to serve as cultural ambassadors by participating in university events and activities.
Competitive Merit Scholarships: The University of Alabama offers a range of merit-based scholarships to international students, such as the National Merit Scholarship, Collegiate Scholars Award, and Crimson Achievement Scholarship. These scholarships are awarded based on academic achievements and standardized test scores.
College-Specific Scholarships: Various colleges and departments within the university offer scholarships specific to their respective fields of study. International students are encouraged to explore scholarship opportunities within their intended major or program of study.
External Scholarships: The University of Alabama also provides guidance and resources to international students seeking external scholarships. The Office of Undergraduate Scholarships and Prestigious Awards assists students in identifying and applying for scholarships from external organizations, foundations, and government agencies.
To be considered for these scholarships, international students must submit their application for admission by the specified deadlines. Some scholarships may require additional materials, such as essays or letters of recommendation. It is important to review the eligibility criteria and application requirements for each scholarship opportunity.
Graduates of the B.S. in Economics program at the University of Alabama, Tuscaloosa, USA, possess a versatile skill set that opens doors to a wide range of career opportunities in various sectors.
Economist: With a strong foundation in economic theory and analysis, graduates can pursue careers as economists in government agencies, research institutions, or private companies. Economists analyze economic data, conduct research studies, and provide insights into economic trends, policies, and issues affecting industries, markets, and societies.
Financial Analyst: Graduates may work as financial analysts in banks, investment firms, or corporations. They analyze financial data, evaluate investment opportunities, and provide recommendations on investment strategies, asset allocation, and risk management to support decision-making and optimize financial performance.
Policy Analyst: Graduates interested in public policy may work as policy analysts or researchers in government agencies, think tanks, or non-profit organizations. They analyze economic policies, evaluate their impact on society, and provide recommendations for policy changes or reforms to address economic challenges and promote social welfare.
Data Analyst: With their quantitative skills and analytical mindset, graduates can pursue careers as data analysts in various industries such as finance, marketing, or healthcare. They analyze large datasets, conduct statistical analysis, and generate insights to inform strategic decision-making, business operations, and market research initiatives.
Business Consultant: Graduates may work as business consultants or advisors, providing expertise in economic analysis, market research, and strategic planning to help businesses improve efficiency, reduce costs, and maximize profitability. They assess market conditions, analyze competitive landscapes, and develop strategies to achieve business objectives and sustainable growth.
Financial Planner: Graduates interested in personal finance may become financial planners or advisors, helping individuals and families manage their finances, plan for retirement, and achieve their financial goals. They assess clients' financial situations, develop personalized financial plans, and provide recommendations on investments, savings, and risk management strategies.
Market Research Analyst: Graduates may pursue careers as market research analysts in marketing research firms, advertising agencies, or consumer goods companies. They collect and analyze data on consumer preferences, market trends, and competitive landscapes to help businesses make informed decisions on product development, pricing, and marketing strategies.
International Trade Specialist: With their understanding of global economics, graduates may work as international trade specialists or trade analysts in government agencies, international organizations, or multinational corporations. They analyze international trade policies, assess market opportunities, and provide recommendations on trade agreements, tariffs, and export-import strategies to facilitate international trade and economic development.
Educator or Academic Researcher: Graduates may pursue careers in academia or education, teaching economics at the secondary or post-secondary level, or conducting research in academic institutions. They educate students on economic principles, theories, and applications, and contribute to advancing knowledge in economics through research publications and scholarly endeavors.
Policy Advisor: Graduates may work as policy advisors or lobbyists, representing businesses, trade associations, or advocacy groups in shaping economic policies and regulations at local, state, or federal levels. They monitor legislative developments, analyze policy proposals, and advocate for policies that promote economic growth, innovation, and competitiveness.
