B.A. in Economics

Undergraduate Entry Requirements

Application Fee: $50

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% 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 73 or higher.
• PTE: Overall score of 49 or higher.
• DET (Duolingo English Test): Overall score of 100.

Western Illinois University (WIU) offers several scholarships to international students to assist them in financing their education. These scholarships are awarded based on academic achievement, talents, leadership, and other criteria. 

Presidential Scholarships: These scholarships are among the most prestigious at WIU and are awarded to academically exceptional students. They cover a significant portion of tuition costs and are renewable for up to eight semesters.

International Commitment Scholarships: WIU offers a range of international commitment scholarships to incoming international undergraduate students. These scholarships are based on academic merit and are available at varying levels of funding.

International Transfer Scholarships: Transfer students from international institutions can apply for transfer scholarships to help fund their education at WIU. The scholarship amounts may vary based on academic achievement.

Global Excellence Scholarships: These scholarships are designed to recognize and support outstanding international students. They are awarded based on academic performance, leadership, and community involvement.

International Peace Scholarship: WIU offers this scholarship to female international students who have a strong commitment to international understanding and peace. It's part of the P.E.O. International Peace Scholarship Fund.

College and Departmental Scholarships: Various colleges and departments within WIU offer scholarships to international students pursuing specific fields of study. Eligibility criteria and award amounts may vary by department.

Foundation Scholarships: WIU's Foundation administers a wide range of scholarships, some of which are available to international students. These scholarships are often based on specific majors or criteria defined by donors.

External Scholarships: International students are encouraged to explore external scholarship opportunities, both in their home countries and through international organizations, to help finance their education at WIU.

Fulbright Scholar Program: While not directly administered by WIU, international students can apply for the prestigious Fulbright Scholar Program, which provides funding for academic and cultural exchange opportunities in the United States.

To apply for scholarships at WIU, international students typically need to submit an application for admission and a separate scholarship application, if required. Deadlines and eligibility criteria can vary.

The Bachelor of Arts (B.A.) in Economics from Western Illinois University (WIU) opens doors to a diverse range of career opportunities across various sectors.

Economic Analyst: Economic analysts study economic data and trends to provide insights and forecasts for businesses, government agencies, and financial institutions. They use statistical tools and economic theories to analyze market conditions, economic policies, and financial performance, helping organizations make informed decisions.

Financial Consultant: Financial consultants offer advice on investment strategies, financial planning, and wealth management. They assess clients' financial needs and goals, providing recommendations on asset allocation, risk management, and retirement planning. Their role involves analyzing financial data and trends to guide clients in making sound financial decisions.

Market Research Analyst: Market research analysts evaluate market conditions to identify potential sales opportunities and consumer preferences. They design surveys, analyze data, and report on market trends, helping companies develop effective marketing strategies and improve their products and services.

Policy Analyst: Policy analysts research and evaluate public policies and their impact on economic and social issues. They work for government agencies, think tanks, or advocacy groups, analyzing data and providing recommendations for policy changes or new initiatives. Their role involves understanding the economic implications of various policies and contributing to policy development.

Management Consultant: Management consultants assist organizations in improving their operations and solving complex business problems. They analyze organizational processes, identify areas for improvement, and recommend strategic solutions. Their work often involves data analysis, business strategy development, and change management.

Financial Analyst: Financial analysts assess the performance of investments, including stocks, bonds, and real estate. They provide recommendations based on their analysis of financial statements, market trends, and economic conditions. Financial analysts work for investment firms, banks, and corporate finance departments.

Economic Development Specialist: Economic development specialists work with local governments, businesses, and community organizations to promote economic growth and development. They analyze economic trends, develop strategies for business attraction and retention, and support initiatives to enhance regional economic vitality.

Banking Professional: Graduates can pursue careers in various banking roles, such as loan officers or credit analysts. These professionals assess creditworthiness, manage loan portfolios, and provide financial advice to clients. Their work involves analyzing financial data and ensuring compliance with banking regulations.

Insurance Underwriter: Insurance underwriters evaluate and analyze insurance applications to determine coverage terms and premiums. They assess risk factors and use statistical models to decide on insurance policies, working for insurance companies or related financial institutions.

Academia and Research: For those interested in further education or research, a B.A. in Economics can serve as a foundation for graduate studies in economics, business, or related fields. Graduates may pursue advanced degrees and academic careers, contributing to economic research and teaching future economists.