B.S. in Economics

Rolla, Missouri

 

INTAKE: Jan & Aug

Program Overview

The Bachelor of Science (B.S.) in Economics at Missouri University of Science and Technology (Missouri S&T) is designed to provide students with a comprehensive understanding of economic principles and their applications in various contexts. This program equips students with the analytical tools and theoretical knowledge necessary to analyze economic phenomena, make informed decisions, and address complex economic issues. Graduates of this program are prepared for careers in business, government, finance, and research, as well as for advanced studies in economics or related fields.

STEM-Designated: The B.S. in Economics program at Missouri S&T is designated as a STEM (Science, Technology, Engineering, and Mathematics) program. This designation highlights the program’s focus on quantitative analysis, data interpretation, and the application of statistical and mathematical methods to economic problems. The STEM designation supports students’ eligibility for extended Optional Practical Training (OPT) in the U.S., allowing for up to 36 months of work experience in their field of study.

Curriculum: The curriculum for the B.S. in Economics at Missouri S&T is designed to provide a strong foundation in economic theory and quantitative methods. Core courses include microeconomics, macroeconomics, econometrics, and statistical analysis. Students also engage in coursework on economic development, financial economics, and international economics. The program emphasizes the application of economic principles through case studies, data analysis, and research projects, preparing students for practical problem-solving in various economic contexts.

Research Focus: Research is a key component of the B.S. in Economics program. Students have the opportunity to engage in research projects that explore various economic issues and contribute to the field. Faculty members at Missouri S&T are involved in research across a range of areas, including economic development, financial markets, and environmental economics. Students may participate in research through independent studies, research assistantships, and collaborative projects, gaining valuable experience in economic analysis and policy evaluation.

Industry Engagement: Missouri S&T emphasizes industry engagement to provide students with practical experience and career opportunities. The program offers internships, co-op placements, and industry-sponsored projects that allow students to apply their economic knowledge in real-world settings. The university also hosts career fairs, networking events, and workshops to connect students with potential employers and industry experts. These opportunities help students build professional networks and gain insights into the economics profession.

Global Perspective: The B.S. in Economics program at Missouri S&T incorporates a global perspective by examining international economic issues and trends. Students study global economic policies, international trade, and the impact of globalization on economies. The program encourages participation in study abroad programs and global research initiatives, helping students understand the broader context of economic issues and prepare for careers in a globalized economy. This international focus enhances students’ ability to analyze economic challenges from a global viewpoint.

Pollster Education

Location

Rolla, Missouri

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 31920

Undergraduate Entry Requirements

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 6.5 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 80 or higher.
  • PTE: Overall score of 58 or higher.
  • DET (Duolingo English Test): Overall score of 115.

Missouri University of Science and Technology (Missouri S&T) offers various scholarships and financial aid opportunities to international students. These scholarships are aimed at recognizing academic excellence, leadership, and contributions to the university community. 

International Student Scholarship: This scholarship is available to incoming international undergraduate students. The award amount varies, and students are considered for this scholarship based on their academic achievements, standardized test scores, and other factors. No separate application is required.

Global Leadership Scholarship: The Global Leadership Scholarship is for undergraduate international students who have demonstrated leadership skills and a commitment to making a positive impact on their communities. It recognizes extracurricular involvement and leadership achievements. Students must submit an essay and letters of recommendation to apply.

Chancellor's Scholarship: The Chancellor's Scholarship is a prestigious award for incoming undergraduate students, including international students. It is based on academic excellence, leadership, and community involvement. To be considered, students must submit an application that includes essays and letters of recommendation.

Merit-Based Scholarships: These scholarships are awarded to international students based on their academic achievements and standardized test scores. The specific eligibility criteria and award amounts may vary.

Foundation Scholarships: The university's Foundation Office administers a variety of scholarships funded by donors. These scholarships may be available to both undergraduate and graduate international students, depending on the donor's criteria.

External Scholarships: Missouri S&T encourages international students to explore external scholarship opportunities, such as government-sponsored scholarships from their home countries or private organizations.

Departmental Scholarships: Some academic departments and schools within the university offer scholarships to students majoring in specific fields. These scholarships may be available to both undergraduate and graduate students.

Some scholarships may require additional materials such as essays, letters of recommendation, or a separate scholarship application.

Graduates with a Bachelor of Science (B.S.) in Economics from Missouri University of Science and Technology (Missouri S&T) are well-prepared to embark on diverse and rewarding career paths. The program’s emphasis on analytical skills, quantitative methods, and economic theory equips students with the tools needed for various roles in the economic and business sectors.

Economic Analyst: Economic analysts evaluate economic data and trends to provide insights and forecasts. They work for government agencies, financial institutions, and research organizations, analyzing economic conditions to guide policy decisions and business strategies.

Financial Analyst: Financial analysts assess financial data and investment opportunities to help businesses and individuals make informed investment decisions. They analyze market trends, company performance, and financial statements to provide investment recommendations.

Market Research Analyst: Market research analysts study market conditions to determine potential sales of products or services. They gather and analyze data on consumer preferences, market trends, and competitive dynamics to help companies develop marketing strategies and make data-driven decisions.

Policy Analyst: Policy analysts research and evaluate public policies and their impacts on various sectors. They work for government agencies, think tanks, or non-profit organizations, providing recommendations for policy improvements based on economic research and analysis.

Economic Consultant: Economic consultants provide expert advice on economic issues and business strategies. They analyze economic data, conduct feasibility studies, and offer insights to help businesses and government entities address economic challenges and optimize operations.

Data Scientist: Data scientists analyze complex data sets to extract valuable insights and support decision-making. They use statistical tools and programming skills to interpret data, build predictive models, and address business or research questions.

Financial Planner: Financial planners help individuals and families manage their finances, including investments, savings, and retirement planning. They create personalized financial plans and provide advice on budgeting, asset allocation, and risk management.

Business Development Manager: Business development managers identify and pursue new business opportunities, partnerships, and markets. They use economic and market analysis to drive growth and expand a company’s reach.

Quantitative Analyst: Quantitative analysts, or “quants,” use mathematical models and statistical techniques to analyze financial markets and develop trading strategies. They work in investment banks, hedge funds, and financial institutions.

Economic Researcher: Economic researchers conduct studies and experiments to advance knowledge in economics. They work in academic institutions, research organizations, or private firms, contributing to economic theory and policy development.

Supply Chain Analyst: Supply chain analysts optimize the flow of goods and services within a company. They analyze supply chain processes, identify inefficiencies, and develop strategies to improve logistics and inventory management.

Actuary: Actuaries use mathematical and statistical methods to assess risk and uncertainty in insurance and finance. They analyze data to help companies set insurance premiums, develop pension plans, and manage financial risks.

Banking and Finance Professional: Graduates can work in various roles within banking and finance, including loan officers, credit analysts, and investment bankers. They handle financial transactions, assess creditworthiness, and manage investment portfolios.

Government and Public Sector Roles: Economics graduates can pursue careers in various government positions, including economic development, budget analysis, and public administration. They contribute to policy development and public service.

Academic and Educational Roles: Some graduates choose to further their education and pursue academic careers, becoming professors or lecturers in economics. They teach at universities and contribute to research in their field.


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