M.S. in Bioengineering
The Master of Science (M.S.) in Bioengineering program at the University of Dayton is a...
B.S. in Applied Mathematical Economics
Dayton, Ohio
INTAKE: Jan, May & Aug
Program Overview
The Bachelor of Science in Applied Mathematical Economics at the University of Dayton offers a robust education combining the principles of economics with advanced mathematical techniques. This interdisciplinary program is designed for students who are interested in understanding and analyzing economic data, modeling economic scenarios, and applying mathematical methods to solve complex economic problems. It prepares graduates for careers in various fields including finance, consulting, and economic analysis.
STEM Designated: The B.S. in Applied Mathematical Economics is designated as a STEM (Science, Technology, Engineering, and Mathematics) program. This designation highlights the program’s emphasis on quantitative skills, data analysis, and mathematical modeling. It reflects the program’s alignment with STEM disciplines and underscores the value of technical expertise in solving economic and financial issues.
Curriculum: The curriculum for the B.S. in Applied Mathematical Economics integrates core courses in both economics and mathematics. Students begin with foundational courses in microeconomics, macroeconomics, and statistical methods. They then advance to specialized courses in econometrics, mathematical modeling, and economic theory. The program includes hands-on learning through data analysis projects, case studies, and practical applications of mathematical techniques in economic contexts. Elective courses allow students to tailor their studies to their specific interests and career goals.
Research Focus: The University of Dayton emphasizes research within the B.S. in Applied Mathematical Economics program, encouraging students to engage in original research projects. Faculty members are involved in a variety of research areas, including econometrics, financial economics, and quantitative economic modeling. Students have opportunities to participate in research initiatives, contributing to scholarly work and gaining valuable experience in applying mathematical methods to real-world economic issues.
Industry Engagement: Industry engagement is a key component of the program, with the University of Dayton fostering strong connections with businesses and economic institutions. Students benefit from internships, industry-sponsored projects, and networking events that provide practical experience and professional development. Collaborations with local companies and organizations offer students insights into the practical applications of their studies and enhance their career readiness.
Global Perspective: The program incorporates a global perspective by exploring international economic issues and the global impact of economic policies. Students are encouraged to examine global economic trends, trade dynamics, and international financial systems. The University of Dayton also offers study abroad opportunities and international exchange programs, allowing students to gain a broader understanding of economic practices and challenges on a global scale.
Location
Dayton, Ohio
Score
IELTS 6
Tuition Fee
USD 49300
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 70 or higher.
- PTE: Overall score of 50 or higher.
- DET (Duolingo English Test): Minimum score of 105.
The University of Dayton offers a range of scholarships and financial aid options for international students. These scholarships are designed to recognize academic achievement, leadership potential, and contributions to the campus community.
International Merit Scholarships: These scholarships are awarded to international students based on their academic achievements. The awards are typically merit-based and do not require a separate application. The selection is made at the time of admission.
Leadership in Service Scholarship: This scholarship is for students who have demonstrated exceptional leadership and community service involvement. It is open to both undergraduate and graduate international students.
Global Ambassador Scholarship: This scholarship is specifically for undergraduate international students who have a strong commitment to promoting cultural understanding and global engagement. It is awarded to students who serve as Global Ambassadors.
Provost's Scholarship: The Provost's Scholarship is a merit-based award for both undergraduate and graduate international students. The scholarship amount varies, and it is awarded based on academic performance.
Talent-Based Scholarships: These scholarships are available for international students with exceptional talents in the arts, such as music, theater, or visual arts. Auditions or portfolios may be required for consideration.
Country-Specific Scholarships: The University of Dayton may offer scholarships specific to certain countries or regions. These scholarships aim to enhance diversity and international representation on campus.
External Scholarships: International students are encouraged to explore external scholarship opportunities, such as those offered by government agencies, foundations, or private organizations. The university provides guidance and support for students seeking external funding.
It's important to note that scholarship availability, eligibility criteria, and award amounts may change from year to year.
Graduates of the Bachelor of Science in Applied Mathematical Economics program at the University of Dayton are equipped with a unique blend of economic theory and advanced mathematical skills, opening doors to a wide range of career opportunities. The program's focus on quantitative analysis, data interpretation, and economic modeling prepares students for diverse roles in various sectors.
Economic Analyst: Economic analysts evaluate economic data and trends to provide insights into market conditions, economic policies, and business strategies. They work for government agencies, financial institutions, and research organizations, using their expertise to guide decision-making and policy formulation.
Financial Analyst: Financial analysts assess financial data and investment opportunities, offering recommendations to businesses, investment firms, and individual clients. They analyze market trends, financial statements, and economic forecasts to support investment decisions and financial planning.
Data Scientist: With strong statistical and analytical skills, graduates can pursue careers as data scientists. They analyze large datasets to uncover patterns, trends, and insights that drive business strategies and decision-making in various industries, including technology, finance, and healthcare.
Actuary: Actuaries use mathematical and statistical techniques to assess risk and uncertainty in insurance and finance. They analyze data related to financial risks, such as life insurance and pension plans, to help organizations make informed decisions about risk management and financial planning.
Consultant: Consultants provide expert advice to businesses and organizations on economic and financial issues. They use their analytical skills to solve complex problems, optimize business processes, and develop strategies for growth and efficiency.
Market Research Analyst: Market research analysts study market conditions to understand consumer behavior and preferences. They gather and analyze data to help companies develop effective marketing strategies, launch new products, and improve customer satisfaction.
Policy Advisor: Graduates can work as policy advisors, providing recommendations on economic policies and regulations. They analyze the impact of proposed policies on various sectors and advise government officials, non-profit organizations, and advocacy groups.
Quantitative Analyst: Quantitative analysts, or "quants," apply mathematical models and statistical techniques to financial markets and investment strategies. They work for investment banks, hedge funds, and financial institutions, developing models to forecast market trends and manage financial risks.
Economic Researcher: Economic researchers conduct studies and analyze data to advance knowledge in economics. They work for academic institutions, think tanks, and research organizations, contributing to scholarly research and public policy development.
Business Development Analyst: Business development analysts focus on identifying growth opportunities and improving business performance. They use economic and statistical analysis to evaluate market potential, assess competitive landscapes, and develop strategies for business expansion.
