B.A. in Economics

Baltimore, Maryland

 

INTAKE: Jan & Aug

Program Overview

The B.A. in Economics program at the University of Maryland Baltimore County (UMBC) offers students a comprehensive understanding of economic theory, policy analysis, quantitative methods, and their applications in various sectors.

Curriculum: The curriculum covers foundational courses in microeconomics, macroeconomics, econometrics, and economic analysis. Students explore advanced topics such as economic development, international trade, financial economics, environmental economics, and public policy. The program emphasizes critical thinking, data analysis, and economic modeling skills through coursework in statistics, mathematics, and economic research methods. Elective options allow students to specialize in areas like labor economics, health economics, economic history, or computational economics.

Research Focus: UMBC promotes research in economics through faculty-led projects, research seminars, and collaborative initiatives. Students engage in empirical research, data analysis, and policy evaluation, addressing contemporary economic issues such as income inequality, economic growth, market regulation, and sustainable development. Research opportunities enable students to apply economic theories and quantitative methods to real-world challenges, preparing them for graduate studies or careers in economic research, consulting, and policy analysis.

Industry Engagement: The program encourages industry engagement through internships, networking events, and partnerships with government agencies, financial institutions, non-profit organizations, and private sector firms. Students gain practical experience in economic analysis, market research, and financial modeling through internships that bridge academic knowledge with professional practice. Industry connections provide pathways to careers in banking, finance, consulting, economic forecasting, and public administration, contributing to economic policy formulation and business strategy development.

Global Perspective: UMBC's B.A. in Economics program integrates a global perspective by examining global economic systems, international trade dynamics, global financial markets, and economic development strategies. Students study economic policies across different regions, analyze global economic trends, and explore the impact of globalization on national economies. Opportunities for study abroad programs, international research projects, and multicultural coursework enhance students' understanding of global economic challenges and opportunities, preparing them for careers in international economics, global business, and economic diplomacy.

Pollster Education

Location

Baltimore, Maryland

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 30322

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 60% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.5 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 80 or higher.
  • PTE: Overall score of 53 or higher.
  • DET (Duolingo English Test): Minimum score of 115.

Scholarships for International Students at the University of Maryland Baltimore County (UMBC).

International Student Scholarships: UMBC offers a range of scholarships specifically for international students to support their educational expenses. These scholarships may be merit-based, need-based, or a combination of both. They are awarded based on academic achievement, leadership potential, extracurricular involvement, and other criteria. 

UMBC Merit Scholarships: UMBC offers merit-based scholarships to both undergraduate and graduate international students. These scholarships are awarded to students with exceptional academic achievements, leadership qualities, and community involvement. The selection process for these scholarships is competitive, and students are typically considered based on their application materials, including academic transcripts, test scores, letters of recommendation, and personal statements.

Departmental Scholarships: Various departments and academic programs at UMBC may offer scholarships specifically for international students within their respective fields. These scholarships may be discipline-specific and target students who demonstrate exceptional abilities and potential in a particular area of study. International students are advised to inquire with their intended department or program about any available scholarships or funding opportunities.

External Scholarships: International students studying at UMBC may also be eligible for external scholarships provided by organizations, foundations, and government agencies. These scholarships can be based on various criteria such as academic excellence, leadership, community service, or specific fields of study. Students are encouraged to explore external scholarship opportunities in their home countries or through international scholarship databases.

Fulbright Scholarships: UMBC participates in the Fulbright Program, which offers scholarships to international students from over 160 countries. The Fulbright scholarships support graduate study, research, and teaching assistantships at UMBC. Eligibility criteria and application processes for Fulbright scholarships may vary depending on the student's home country. Interested international students can contact the Fulbright Commission or Embassy in their home country for more information.

Global Ambassador Scholarships: UMBC's Global Ambassador Scholarships are designed for international students who demonstrate leadership potential and a commitment to fostering cross-cultural understanding on campus. These scholarships provide financial support and an opportunity for international students to engage in outreach activities, cultural programs, and campus initiatives that promote global perspectives and intercultural exchange.

International Education Foundation (IEF) Scholarships: The International Education Foundation offers scholarships to international students studying at UMBC. These scholarships are aimed at supporting students who have demonstrated academic excellence, leadership skills, and a commitment to community service. The IEF scholarships are awarded based on a competitive application process, and students are required to submit an essay and letters of recommendation.

It is important for international students to carefully review the eligibility criteria, application deadlines, and required documents for each scholarship opportunity.

Graduates of UMBC's B.A. in Economics program possess a versatile skill set that prepares them for diverse career opportunities in various sectors, including finance, government, consulting, and academia.

Economist: One of the primary career paths for graduates is becoming an economist. Economists analyze economic data, conduct research, and evaluate economic trends to provide insights into issues such as inflation, unemployment, economic growth, and policy impacts. They work in government agencies, research institutions, financial firms, and international organizations, contributing to economic policy development, market analysis, and strategic decision-making.

Financial Analyst: Graduates may pursue careers as financial analysts, specializing in investment analysis, financial modeling, and risk assessment. Financial analysts work in banks, investment firms, hedge funds, and corporate finance departments, evaluating financial data, preparing reports, and recommending investment strategies. They analyze market trends, assess company financial performance, and provide guidance to investors and corporate clients on financial planning and investment opportunities.

Policy Analyst: Some graduates specialize as policy analysts, working in government agencies, think tanks, advocacy groups, and non-profit organizations. Policy analysts analyze public policies, propose policy solutions, and assess their socio-economic impacts. They focus on areas such as healthcare, education, environmental regulation, and social welfare, influencing policy decisions through research, data analysis, and policy briefs.

Management Consultant: Graduates may pursue careers as management consultants, advising businesses, government agencies, and non-profit organizations on strategic planning, operational efficiency, and market expansion. Management consultants analyze organizational challenges, conduct market research, and recommend solutions to improve business performance, reduce costs, and enhance competitive advantage. They collaborate with clients to implement strategies that align with economic trends and market dynamics.

Data Analyst: With proficiency in quantitative analysis and data interpretation, graduates may work as data analysts in industries such as finance, marketing, healthcare, and technology. Data analysts collect, organize, and analyze large datasets to identify trends, patterns, and insights that inform business decisions and strategic initiatives. They use statistical software and data visualization tools to present findings, support forecasting models, and optimize operational processes based on economic data and market intelligence.

Further Education and Research: Graduates interested in advancing their careers may pursue further education through master's or doctoral programs in economics, public policy, finance, or related fields. Advanced degrees offer opportunities for roles in academia, economic research institutions, and specialized industries. Graduates may conduct economic research, publish scholarly articles, and contribute to policy analysis, economic forecasting, and socio-economic development initiatives.


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