B.S. in Economics

Undergraduate Entry Requirements

Application Fee: $75

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 6.0 with a minimum of 5.5 in each component.
• TOEFL: Overall score of 71 or higher.
• PTE: Overall score of 51 or higher.
• DET (Duolingo English Test): Overall score of 100.

Murray State University (MSU) offers several scholarships and financial aid opportunities to international students to help them pursue their higher education goals in the United States. These scholarships recognize academic excellence, leadership, and contributions to the university community. 

International Diversity Scholarship: This scholarship is designed to promote diversity and global perspectives on campus. It is awarded to a limited number of international students who have demonstrated outstanding academic achievements and leadership skills. The award amount varies and is renewable.

International Transfer Scholarship: MSU offers scholarships for international transfer students who are transferring from a U.S. community college or another university. These scholarships are based on academic performance and may be renewable.

Global Excellence Scholarship: This scholarship is available to new, first-time international undergraduate students with strong academic records. The scholarship amount varies and is renewable for up to four years, provided the student maintains a specified GPA.

International Merit Scholarships: These scholarships are awarded to international students based on their academic achievements and standardized test scores. The scholarship amounts vary, and they are typically competitive.

Athletic Scholarships: International student-athletes who excel in sports may be eligible for athletic scholarships if they join one of MSU's athletic teams.

Departmental Scholarships: Various academic departments and colleges within MSU may offer scholarships specific to their fields of study. These scholarships can vary widely in terms of eligibility criteria and award amounts.

Honors Program Scholarships: High-achieving international students who are admitted to the MSU Honors Program may receive scholarships that support their participation in this academically enriching program.

External Scholarships: MSU encourages international students to explore external scholarship opportunities, both in their home countries and through international scholarship programs. The university's scholarship office can provide guidance on external scholarships.

Graduates of the B.S. in Economics program at Murray State University are equipped with a versatile set of skills that open doors to a wide array of career opportunities. The program’s focus on economic theory, quantitative analysis, and policy evaluation prepares students for roles across various industries. 

Economic Analyst: Economic Analysts study economic data to provide insights and forecasts that guide business decisions and public policy. They analyze trends, evaluate economic policies, and create models to predict future economic conditions. Their work is crucial in helping organizations make informed decisions based on economic factors.

Financial Analyst: Financial Analysts assess financial data to help individuals and organizations make investment decisions. They evaluate financial statements, perform risk assessments, and recommend investment strategies. This role involves working with financial markets, securities, and portfolio management.

Market Research Analyst: Market Research Analysts focus on understanding market conditions and consumer behavior. They collect and analyze data on market trends, sales, and consumer preferences to help businesses develop marketing strategies and improve product offerings. Their insights are essential for making data-driven decisions.

Policy Analyst: Policy Analysts research and evaluate public policies to assess their effectiveness and impact. They work for government agencies, think tanks, or non-profit organizations, providing recommendations on policy improvements based on economic analysis and research.

Management Consultant: Management Consultants provide expert advice to organizations on improving their business operations, strategy, and performance. They analyze organizational challenges, develop solutions, and help implement strategies to enhance efficiency and profitability.

Economic Consultant: Economic Consultants offer specialized advice to businesses, government agencies, and legal entities on economic matters. They analyze complex economic issues, provide expert testimony in legal cases, and help clients navigate economic challenges.

Investment Banker: Investment Bankers assist companies in raising capital by underwriting and issuing securities. They also provide advisory services on mergers and acquisitions, financial restructuring, and other investment opportunities. This role requires a strong understanding of financial markets and investment strategies.

Actuary: Actuaries use mathematical and statistical methods to assess risk and uncertainty in insurance and finance. They analyze data to determine the likelihood of events and help organizations design policies and financial strategies to mitigate risk.

Financial Planner: Financial Planners help individuals and families manage their finances, plan for retirement, and achieve their financial goals. They create personalized financial plans, offer investment advice, and provide guidance on budgeting and savings.

Research Scientist in Economics: Research Scientists in Economics conduct advanced research on economic issues, develop new economic theories, and contribute to scholarly publications. They often work in academia, research institutions, or policy research organizations.