M.S. in Administration
The Master of Science (M.S.) in Administration program at Central Michigan University (...
B.S. in Economics
Mount Pleasant, Michigan
INTAKE: Jan & Aug
Program Overview
The Bachelor of Science (B.S.) in Economics at Central Michigan University provides students with a rigorous education in economic principles, quantitative analysis, and applied economics. This program is designed to prepare students for analytical roles in various sectors by focusing on the application of economic theory to real-world problems. The B.S. in Economics emphasizes data analysis, statistical methods, and economic modeling, equipping graduates with the skills needed for careers in business, government, and beyond.
Curriculum: The curriculum for the B.S. in Economics at Central Michigan University is structured to offer a deep understanding of both theoretical and applied economics. Core courses include microeconomics, macroeconomics, econometrics, and mathematical economics. Students are also required to complete advanced courses in econometrics, economic theory, and specialized topics such as international economics and development economics. The program is designed to provide a strong foundation in economic analysis while allowing students to tailor their studies through elective courses that align with their career interests.
Research Focus: Central Michigan University encourages B.S. in Economics students to engage in research that explores current economic issues and contributes to the field. Students have opportunities to participate in faculty-led research projects, which may include topics such as economic policy analysis, financial markets, and regional economic development. The program emphasizes the development of research skills, including data collection, statistical analysis, and economic modeling, preparing students to conduct meaningful research and contribute to academic and applied economic studies.
Industry Engagement: The B.S. in Economics program fosters strong industry engagement through partnerships with local businesses, financial institutions, and government agencies. Students benefit from internship opportunities, where they can apply their economic knowledge in professional settings. The program also facilitates industry connections through networking events, guest lectures from professionals, and career development resources. These opportunities help students gain practical experience and build relationships with potential employers in the economics field.
Global Perspective: The program incorporates a global perspective by examining international economic issues, global market dynamics, and the effects of globalization on economies. Students study global economic trends, international trade, and cross-cultural economic policies, which helps them understand the interconnected nature of the global economy. Additionally, opportunities for studying abroad or participating in international research projects are available, enhancing students' global awareness and preparing them for careers in a globalized job market.
Location
Mount Pleasant, Michigan
Score
IELTS 6.5
Tuition Fee
USD 20250
Undergraduate Entry Requirements
Application Fee: $55
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 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Overall score of 100.
Central Michigan University (CMU) offers various scholarships and financial aid opportunities to support international students in their pursuit of higher education. These scholarships are typically awarded based on academic merit, talent, or specific criteria.
Global Ambassador Scholarship: This scholarship is for undergraduate international students with a strong academic record and a promoting cultural exchange. Recipients of this scholarship serve as cultural ambassadors on campus.
International Opportunity Awards: These awards are available to both undergraduate and graduate international students. They are based on academic achievement, leadership potential, and contributions to the CMU community.
Departmental Scholarships: Some academic departments within CMU may offer scholarships specific to their field of study. These scholarships are typically based on academic achievement and may require students to meet certain criteria.
External Scholarships: CMU encourages international students to explore external scholarship opportunities from organizations, foundations, and governments. The university's scholarship office can provide guidance on identifying and applying for these scholarships.
CMU Merit Scholarships: While primarily available to domestic students, CMU does offer merit-based scholarships that may be accessible to high-achieving international students.
It's important to note that scholarship availability, eligibility criteria, and award amounts can change from year to year.
Graduates of the Bachelor of Science (B.S.) in Economics from Central Michigan University are well-equipped to pursue a variety of career paths across different sectors. The program’s focus on economic theory, quantitative analysis, and data-driven decision-making prepares students for roles that require strong analytical and problem-solving skills.
Economic Analyst: Economic analysts evaluate economic conditions and trends by analyzing data and forecasting future economic activities. They work for government agencies, financial institutions, or research organizations, providing insights to support policy-making, investment decisions, and economic planning.
Financial Analyst: Financial analysts assess financial data to guide investment decisions and corporate financial strategies. They analyze financial statements, market trends, and investment opportunities to provide recommendations for managing assets and investments.
Data Analyst: Data analysts utilize statistical tools and software to interpret complex datasets. They work across various industries, including finance, healthcare, and technology, to identify trends, generate reports, and support data-driven decision-making.
Market Research Analyst: Market research analysts study market conditions to identify potential sales opportunities and consumer preferences. They collect and analyze data on market trends, competitor activities, and customer behaviors to help businesses develop effective marketing strategies.
Policy Analyst: Policy analysts research and evaluate the impact of public policies and programs. They work for government agencies, think tanks, or advocacy groups, analyzing data to recommend improvements and support evidence-based policy decisions.
Business Consultant: Business consultants provide advisory services to companies seeking to improve their operations, strategies, and overall performance. They analyze business processes, identify areas for enhancement, and develop solutions to increase efficiency and profitability.
Economic Development Specialist: Economic development specialists work on projects aimed at enhancing the economic growth and development of communities or regions. They collaborate with local governments, businesses, and community organizations to design and implement development initiatives.
Investment Banker: Investment bankers assist companies in raising capital, managing mergers and acquisitions, and executing complex financial transactions. They provide advisory services and support high-stakes financial deals.
Banking Professional: Graduates can pursue careers in banking, including roles such as loan officers, credit analysts, or branch managers. They assess financial transactions, evaluate creditworthiness, and provide banking services to individuals and businesses.
Insurance Analyst: Insurance analysts evaluate risk and determine insurance premiums and coverage. They analyze data related to claims, underwriting, and market trends to support insurance companies in pricing and policy development.
Academia and Research: For those interested in academia, pursuing advanced degrees can lead to careers as university professors or researchers. They contribute to academic knowledge in economics and engage in research on economic issues and policy.
International Organizations: Graduates can work for international organizations such as the United Nations, World Bank, or International Monetary Fund, focusing on global economic issues, development projects, and international policy.
Supply Chain Analyst: Supply chain analysts manage and optimize supply chain processes by analyzing data related to inventory, logistics, and procurement. They work to improve efficiency and reduce costs in the supply chain.
