B.S. in Actuarial Mathematics
Worcester Polytechnic Institute (WPI) in Massachusetts, USA, offers a Bachelor of Scien...
B.S. in Economics
Worcester, Massachusetts
INTAKE: Jan & Aug
Program Overview
The Bachelor of Science (B.S.) program in Economics at Worcester Polytechnic Institute (WPI) in Massachusetts, USA, provides students with a comprehensive understanding of economic theory, policy analysis, and quantitative methods. This program offers students the opportunity to explore various areas of economics, including microeconomics, macroeconomics, econometrics, and applied economics. WPI's Economics program emphasizes critical thinking, data analysis, and communication skills, preparing graduates for careers in finance, consulting, government, research, and academia.
Curriculum: The curriculum of the Economics program at WPI covers a broad range of topics in economics, including principles of economics, econometric methods, economic analysis, and public policy. Core courses include microeconomic theory, macroeconomic theory, econometrics, and mathematical economics. Students also have the opportunity to choose elective courses in specialized areas such as labor economics, international trade, environmental economics, and financial markets. The curriculum integrates quantitative methods, statistical analysis, and real-world applications, allowing students to develop analytical skills and apply economic principles to address complex societal challenges.
Research Focus: WPI is committed to advancing research in economics and related fields, with faculty members in the Economics program engaged in cutting-edge research projects that address current economic issues and policy questions. Research areas include economic inequality, labor markets, environmental economics, urban and regional economics, and development economics. Students have the opportunity to participate in research initiatives through independent studies, research assistantships, and collaborative projects with faculty mentors. WPI's research focus fosters critical inquiry, empirical analysis, and interdisciplinary collaboration, preparing students to contribute to advancements in economic knowledge and policy.
Industry Engagement: WPI maintains strong connections with industry partners in sectors such as finance, consulting, government, and non-profit organizations. Through internships, co-op programs, and industry-sponsored projects, students in the Economics program gain practical experience and exposure to real-world applications of economic principles. WPI's industry partnerships provide students with networking opportunities, mentorship, and career development support, helping them secure internships, job placements, and leadership roles in competitive industries. Additionally, WPI's Career Development Center offers workshops, job fairs, and networking events specifically tailored to Economics students, facilitating connections with potential employers and industry professionals.
Global Perspective: In an increasingly interconnected world, WPI emphasizes the importance of a global perspective in economics education. The university offers study abroad programs, international research opportunities, and global project experiences that expose students to diverse cultural perspectives, economic systems, and policy challenges around the world. Additionally, WPI's diverse community of students and faculty from different backgrounds fosters collaboration, cross-cultural understanding, and global awareness. Graduates of WPI's Economics program are well-prepared to work in global organizations, navigate economic complexities, and address global challenges in finance, development, and policy.
Location
Worcester, Massachusetts
Score
IELTS 7
Tuition Fee
USD 60965
Undergraduate Entry Requirements
Application Fees: Waiver
Academic Qualifications: Prospective undergraduate students are required to have a minimum academic achievement of 80% or above in their previous educational qualifications.
English Language Proficiency
- IELTS Requirement: A minimum overall score of 7.0 with no individual component below 6.5.
- TOEFL Requirement: A minimum overall score of 90 is often required.
- PTE Requirement: A minimum overall score of 61 is often required.
- DET Requirement: A DET score of 125 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.
Worcester Polytechnic Institute (WPI) recognizes the importance of providing financial support to international students pursuing higher education in the United States.
Global Scholarship Program: WPI offers the Global Scholarship Program to international undergraduate students who demonstrate exceptional academic achievement and leadership potential. This merit-based scholarship provides partial tuition coverage for up to four years of undergraduate study at WPI. Eligibility criteria include academic excellence, extracurricular involvement, and contributions to the community.
International Student Scholarships: WPI provides a limited number of scholarships specifically designated for international students at both the undergraduate and graduate levels. These scholarships may vary in terms of eligibility criteria, award amounts, and application requirements. International students are encouraged to explore scholarship opportunities offered by their academic departments, schools, and external organizations.
Need-Based Financial Aid: While WPI's scholarship programs primarily focus on merit-based awards, the university also considers financial need as a factor in determining eligibility for aid. International students with demonstrated financial need may be eligible for need-based financial aid, which could include grants, loans, or work-study opportunities. The Office of Financial Aid assists students in navigating the financial aid application process and exploring available resources.
External Scholarships and Sponsorships: International students are encouraged to explore external scholarship opportunities and governmental sponsorships offered by their home countries, international organizations, and private foundations. These scholarships may be available for specific fields of study, academic merit, or financial need. WPI provides guidance and support to students seeking external funding sources and assists them in applying for scholarships outside the university.
Graduating with a Bachelor of Science (B.S.) in Economics from Worcester Polytechnic Institute (WPI) in Massachusetts, USA, offers a multitude of career opportunities in various sectors of the economy.
Financial Analyst: One of the primary career paths for graduates of WPI's Economics program is to become financial analysts. Financial analysts assess the performance of stocks, bonds, and other investments to provide recommendations to businesses and individuals. They analyze economic data, financial statements, and market trends to help clients make informed investment decisions. Financial analysts work in financial institutions, investment firms, corporations, and government agencies, specializing in areas such as portfolio management, risk assessment, and investment banking.
Management Consultant: Graduates of WPI's Economics program can pursue careers as management consultants, advising organizations on strategic planning, operations improvement, and business transformation. Management consultants conduct research, analyze data, and develop recommendations to help clients solve complex business problems and achieve their goals. They work in consulting firms, advisory firms, and professional services organizations, collaborating with clients across industries such as healthcare, technology, finance, and manufacturing.
Policy Analyst: Policy analysts analyze government policies and regulations to assess their impact on the economy, society, and environment. Graduates of WPI's Economics program can pursue careers as policy analysts, working for government agencies, think tanks, research institutes, and non-profit organizations. Policy analysts conduct research, evaluate policy options, and make recommendations to policymakers on issues such as healthcare, education, taxation, and environmental protection. They use economic models, statistical analysis, and cost-benefit analysis to inform policy decisions and advocate for evidence-based policies.
Market Research Analyst: Market research analysts study market conditions, consumer behavior, and competitive landscapes to help businesses make informed decisions about products and services. Graduates of WPI's Economics program can pursue careers as market research analysts, collecting and analyzing data to identify market trends, customer preferences, and business opportunities. Market research analysts work in industries such as advertising, market research firms, consumer goods, and retail, providing insights to support marketing strategies, product development, and sales forecasting.
Data Analyst/Scientist: With the increasing importance of data-driven decision-making, graduates of WPI's Economics program can pursue careers as data analysts or data scientists. Data analysts analyze large datasets to extract insights and inform decision-making in organizations across various sectors. Data scientists use advanced statistical methods and machine learning techniques to uncover patterns, predict outcomes, and optimize processes. Data analysts and scientists work in industries such as technology, finance, healthcare, and e-commerce, helping organizations leverage data to drive innovation and competitive advantage.
