B.S. in Quantitative Economics

Ypsilanti, Michigan

 

INTAKE: Jan & Sept

Program Overview

The B.S. in Quantitative Economics at Eastern Michigan University is a comprehensive program designed to provide students with a robust understanding of economic theory, statistical analysis, and quantitative methods. This degree focuses on equipping students with the skills needed to analyze economic data, model economic processes, and apply quantitative techniques to solve complex economic problems. The program prepares graduates for careers in economic research, data analysis, and policy-making by integrating rigorous coursework with practical, hands-on experiences.

STEM-Designated: The B.S. in Quantitative Economics is designated as a STEM (Science, Technology, Engineering, and Mathematics) program, reflecting its emphasis on quantitative and analytical skills. This designation highlights the program’s focus on advanced mathematical and statistical methods used in economic analysis. Students benefit from a curriculum that integrates STEM principles with economic theory, providing a strong foundation in both quantitative techniques and economic concepts.

Curriculum: The curriculum for the B.S. in Quantitative Economics is designed to provide a thorough grounding in both economics and quantitative analysis. Core courses include microeconomics, macroeconomics, econometrics, and advanced statistical methods. Students also study mathematical economics, data analysis, and economic modeling. The program emphasizes the practical application of quantitative techniques through coursework in statistical software and data interpretation, ensuring that graduates are well-prepared for data-driven economic analysis and decision-making.

Research Focus: Research is a key component of the B.S. in Quantitative Economics program. Students have opportunities to engage in research projects that involve the application of quantitative methods to various economic issues. Research topics may include econometric analysis, financial economics, and policy evaluation. Faculty members support student research through guidance on methodologies and data analysis, fostering a research-intensive environment that enhances students' analytical skills and prepares them for advanced studies or professional research roles.

Industry Engagement: The B.S. in Quantitative Economics program emphasizes strong industry engagement, providing students with practical experience and networking opportunities. Students are encouraged to participate in internships, work on real-world economic projects, and collaborate with industry professionals. These experiences help students apply theoretical knowledge to practical scenarios, gain insights into industry practices, and build connections that are valuable for future employment.

Global Perspective: The program incorporates a global perspective by addressing international economic issues and integrating global economic data into coursework and research. Students examine global markets, international trade, and economic policies from a worldwide viewpoint. This global approach ensures that graduates are equipped to analyze and interpret economic phenomena on an international scale, preparing them to work in diverse and globalized economic environments.

Pollster Education

Location

Ypsilanti, Michigan

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

USD 15910

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 6.0 with a minimum of 5.5 in each component.
  • TOEFL: Overall score of 61 or higher.
  • PTE: Overall score of 44 or higher.
  • DET (Duolingo English Test): Overall score of 95

Scholarships for International Students at Eastern Michigan University

Global Leadership Scholarship: EMU offers the Global Leadership Scholarship to exceptional international students. This scholarship is competitive and based on academic merit. It provides partial tuition coverage.

International Student Tuition Scholarships: These scholarships are awarded based on academic achievement and may cover a portion of the tuition fees for international students.

EMU Foundation Scholarships: International students can also apply for scholarships offered through the EMU Foundation. These scholarships are typically based on academic achievement, leadership, and community involvement.

External Scholarships: EMU encourages international students to explore external scholarship opportunities, such as those offered by government agencies, foundations, and international organizations. The ISSO (International Students and Scholars Office) can assist students in finding these opportunities.

Departmental Scholarships: Some academic departments at EMU offer scholarships specifically to students within their field of study. International students should inquire with their respective departments for such opportunities.

Cultural Scholarships: EMU recognizes and values diversity. As a result, there may be cultural scholarships available to international students from specific regions or countries. These scholarships aim to promote cross-cultural understanding.

It's important for international students to meet the eligibility criteria and application deadlines for these scholarships.

Graduates of the B.S. in Quantitative Economics program from Eastern Michigan University are well-equipped to pursue a variety of career paths that leverage their expertise in economic analysis and quantitative methods. This degree opens doors to several professional roles in various sectors, including finance, government, and research. 

Economic Analyst: Economic analysts use quantitative techniques to evaluate economic data, trends, and policies. They provide insights on economic conditions, make forecasts, and assist in decision-making processes for businesses, government agencies, and financial institutions.

Data Analyst: Data analysts collect, process, and analyze large datasets to uncover trends and patterns. They use statistical tools and software to interpret data, providing actionable insights that drive business strategies and operational improvements.

Financial Analyst: Financial analysts assess financial data to guide investment decisions, evaluate financial performance, and develop financial models. They work in investment firms, banks, and corporate finance departments, helping organizations make informed financial choices.

Market Research Analyst: Market research analysts study market conditions to identify potential sales opportunities and consumer preferences. They analyze data on market trends, competitor strategies, and consumer behavior to help companies develop effective marketing strategies.

Policy Analyst: Policy analysts research and evaluate public policies and their impact on economic and social outcomes. They provide recommendations to policymakers and governmental agencies based on their analysis of economic data and trends.

Quantitative Researcher: Quantitative researchers design and conduct studies using statistical methods to explore economic phenomena and test hypotheses. They work in research institutions, think tanks, and financial firms, contributing to the development of new economic theories and models.

Risk Analyst: Risk analysts evaluate financial and operational risks to help organizations manage potential uncertainties. They use quantitative techniques to assess the likelihood and impact of risks, developing strategies to mitigate them.

Actuary: Actuaries apply statistical and mathematical methods to assess risk and uncertainty in financial contexts, such as insurance and pensions. They analyze data to calculate probabilities and financial outcomes, assisting organizations in managing their financial risks.

Consultant: Graduates can work as consultants, providing expert advice on economic and financial matters to businesses and organizations. They use their quantitative skills to analyze data, solve complex problems, and offer strategic recommendations.

Economist: Economists study economic issues, conduct research, and analyze data to understand economic trends and inform policy decisions. They may work in government agencies, academic institutions, or private sector firms, contributing to economic theory and policy development.


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