M.A. in Nutrition
The Master of Arts (M.A.) in Nutrition program at Illinois State University is a compre...
B.S. in Economics - Managerial Economics
Normal, Illinois
INTAKE: Jan, May & Aug
Program Overview
Illinois State University offers a Bachelor of Science in Economics with a specialization in Managerial Economics. This program is designed to equip students with the analytical and quantitative skills required to address economic issues in managerial decision-making. It focuses on applying economic theories to real-world business scenarios, preparing graduates for roles in corporate strategy, consulting, and financial analysis.
Curriculum: The curriculum includes core courses in microeconomics, macroeconomics, econometrics, and managerial economics. Students delve into topics such as cost analysis, market structures, strategic behavior, and decision theory. Advanced coursework covers international economics, financial economics, and policy analysis, providing a comprehensive understanding of economic principles as they apply to managerial roles.
Research Focus: Illinois State University emphasizes research in economics, encouraging students to engage in empirical studies and theoretical research projects. The program offers opportunities for undergraduates to collaborate with faculty on research initiatives, preparing them for graduate studies or research-oriented careers in economics.
Industry Engagement: The university fosters strong ties with industry through guest lectures, internships, and collaborative projects. Students have access to a network of alumni and industry professionals who provide insights into current economic trends and practices. This engagement helps bridge the gap between academic theory and practical applications in managerial economics.
Global Perspective: With a focus on globalization, the program integrates global economic perspectives into its coursework. Students examine the impact of international trade, economic development, and global financial markets on managerial decision-making. Opportunities for study abroad and exchange programs further enhance students' understanding of global economic issues.
Location
Normal, Illinois
Score
IELTS 6.5
Tuition Fee
USD 27010
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% 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 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 115.
ISU offers several scholarships and financial aid options for international students to help them pursue their academic goals. These scholarships are based on academic achievements, leadership skills, and other criteria.
International Tuition Waiver: International students who demonstrate exceptional academic performance and show promise for contributing to the ISU community may be eligible for tuition waivers. These waivers can significantly reduce the cost of tuition.
Redbird Academic Scholarship: This scholarship is awarded to incoming undergraduate international students who have outstanding academic records. The scholarship amount varies depending on the student's academic achievements.
Redbird International Ambassador Scholarship: This scholarship recognizes outstanding leadership skills and contributions to the international community. Recipients of this scholarship serve as ambassadors for international students at ISU.
College-Specific Scholarships: Various colleges within ISU offer scholarships for international students pursuing specific academic programs. These scholarships are often based on academic performance and potential for success in the chosen field of study.
Study Abroad Scholarships: ISU encourages international students to engage in study abroad programs to gain global experiences. The university offers scholarships to support international students' participation in these programs.
International students interested in applying for scholarships at ISU should review the specific eligibility criteria and application deadlines for each scholarship.
Graduates of Illinois State University's Bachelor of Science in Economics with a specialization in Managerial Economics have a diverse range of career opportunities available to them. This program prepares students with the analytical skills and economic expertise necessary for roles in various sectors.
Corporate Strategy Analyst: Analyze market trends, competitive landscapes, and financial data to advise on strategic decisions within corporations.
Financial Analyst: Evaluate financial performance, prepare forecasts, and conduct risk assessments to guide investment decisions.
Management Consultant: Provide expert advice on improving organizational efficiency, strategy development, and operational performance for businesses and government agencies.
Market Research Analyst: Study market conditions, consumer behaviors, and competitive dynamics to assist companies in making informed marketing and product development decisions.
Policy Analyst: Assess economic policies and their impact on businesses and communities, providing recommendations to government agencies, nonprofits, and advocacy groups.
Financial Planner: Assist individuals and businesses in managing their finances, investments, and retirement planning strategies based on economic principles and market trends.
Economic Consultant: Offer specialized economic analysis and advice to firms, legal teams, and government agencies on complex economic issues and disputes.
Data Analyst: Utilize statistical methods and software tools to interpret economic data, trends, and patterns for informed decision-making across various industries.
Entrepreneurship: Apply economic principles to start and manage new ventures, leveraging managerial economics to optimize business strategies and operations.
Government Economist: Work for federal, state, or local governments to analyze economic data, develop economic forecasts, and inform public policy decisions.
