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B.S. in Economics (KSOM)
Scranton, Pennsylvania
INTAKE: Jan & Aug
Program Overview
The University of Scranton offers a B.S. in Economics through the Kania School of Management (KSOM), providing students with a robust education in economic theory and its practical applications. This program is designed to equip students with critical analytical skills and an understanding of the economic forces that shape business and society. Through a comprehensive curriculum, students learn to analyze complex economic issues, enabling them to make informed decisions in a variety of professional settings. The program emphasizes the importance of ethical decision-making and social responsibility, reflecting the university's Jesuit values.
AACSB Accredited: The Kania School of Management is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious designation held by only 5% of business schools worldwide. This accreditation ensures that the B.S. in Economics meets high standards of excellence in education, faculty qualifications, and student learning outcomes. Students benefit from a rigorous academic environment, receiving instruction from experienced faculty members who are actively engaged in research and industry practices, preparing them for successful careers in a competitive job market.
Curriculum: The curriculum for the B.S. in Economics at KSOM includes core courses in microeconomics, macroeconomics, econometrics, and international economics. Students also have the opportunity to select electives that align with their interests, such as labor economics, economic development, and financial economics. The program integrates quantitative methods and analytical tools, allowing students to engage in data analysis and economic modeling. Additionally, students participate in collaborative projects and case studies that reinforce theoretical concepts through practical application.
Research Focus: The B.S. in Economics program encourages students to engage in research activities that explore current economic issues and contribute to the broader field of economics. Faculty members are actively involved in research across various areas, including behavioral economics, public policy, and economic forecasting. Students are often invited to assist with research projects, providing them with hands-on experience that enhances their understanding of economic principles and prepares them for graduate studies or careers in research-oriented roles.
Industry Engagement: The University of Scranton places a strong emphasis on industry engagement, connecting students with local businesses, government agencies, and non-profit organizations. Students have access to internships and co-op opportunities that provide practical experience in the field of economics, helping them build valuable networks and gain insights into real-world applications. The program also hosts guest lectures, workshops, and networking events featuring industry professionals, further enriching the educational experience and preparing students for their future careers.
Global Perspective: The B.S. in Economics program incorporates a global perspective by examining international economic issues and their impact on local and global markets. Students explore topics such as globalization, trade policies, and the economic implications of international organizations. This global approach enables graduates to understand the interconnectedness of economies and prepare for careers in an increasingly globalized workforce. Through this comprehensive education, students are equipped to tackle complex economic challenges and contribute to informed decision-making in various sectors.
Location
Scranton, Pennsylvania
Score
IELTS 6.5
Tuition Fee
USD 53208
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 6.5 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 80 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 105.
The University of Scranton is promoting academic excellence and supporting students in their pursuit of higher education. International students are eligible for various scholarships and financial aid programs to help alleviate the cost of tuition.
Presidential Scholarship: The Presidential Scholarship is a merit-based award available to exceptional students, including international students. It is one of the highest academic honors and covers a significant portion of tuition costs.
Dean’s Scholarship: The Dean's Scholarship recognizes outstanding academic achievements and is awarded to students who have demonstrated a strong commitment to their studies. This scholarship contributes to the overall tuition expenses.
Loyola Science Scholarship: The Loyola Science Scholarship is specifically designed for students majoring in science-related fields. It supports academically talented individuals pursuing degrees in disciplines such as biology, chemistry, physics, and environmental science.
Ignatian Scholarship: The Ignatian Scholarship is awarded to students who embody the Jesuit values of service, leadership, and social justice. Recipients of this scholarship actively contribute to their communities.
International Student Merit Scholarship: The International Student Merit Scholarship is aimed at recognizing the academic achievements of international students. It is awarded based on the student's academic performance and potential.
Performance Music Scholarships: The University of Scranton offers scholarships to talented musicians who wish to participate in the university's music programs. These scholarships support students involved in various music ensembles.
Community Service Scholarship: The Community Service Scholarship is awarded to students who have demonstrated a strong commitment to community service. This scholarship acknowledges the importance of giving back to the community.
International Student Athlete Scholarship: For international students who excel in athletics, the International Student Athlete Scholarship provides support for those who contribute to the university's sports programs.
Scranton Scholarships for Transfer Students: Transfer students, including international transfers, may be eligible for Scranton Scholarships based on their academic achievements and previous college performance.
It is important for international students to check the specific eligibility criteria, application processes, and deadlines for each scholarship program.
Graduates from the Bachelor of Science in Economics program at The University of Scranton's Kania School of Management (KSOM) have a broad spectrum of career opportunities available to them, reflecting the diverse applications of economics in the business world and public policy.
Economic Analyst: Economic analysts conduct research and analyze data to evaluate economic conditions and trends. They often work for government agencies, think tanks, or private firms, providing insights that guide policy decisions and business strategies.
Financial Consultant: Financial consultants advise individuals and organizations on investment strategies and financial planning. They utilize their economic expertise to help clients optimize their financial portfolios and navigate market fluctuations.
Market Research Analyst: These professionals gather and analyze data about consumers and market conditions to inform business strategies. They play a critical role in helping companies understand market trends and consumer preferences, leading to more effective marketing and product development.
Policy Analyst: Policy analysts focus on evaluating and developing public policies related to economic issues, such as taxation, healthcare, and education. They work for government agencies, non-profits, or research organizations, using their skills to inform decision-makers and advocate for effective policies.
Data Analyst: Data analysts leverage statistical techniques to interpret and analyze complex datasets. They work across various industries, providing insights that support decision-making and strategic planning.
Business Development Manager: In this role, graduates identify growth opportunities for organizations, develop business strategies, and build relationships with clients. Their economic background helps them assess market conditions and competitor landscapes.
Actuary: Actuaries assess financial risks using mathematics and statistical methods. They typically work in insurance companies or pension funds, developing policies and strategies to manage risk and ensure financial stability.
International Trade Specialist: These specialists analyze international markets and trade policies, advising businesses on global trade regulations and strategies. Their expertise is crucial for organizations looking to expand their reach into foreign markets.
Human Resources Specialist: HR specialists with an economics background may focus on labor relations, compensation analysis, and workforce planning. They apply economic principles to optimize human resource strategies and enhance organizational performance.
Supply Chain Analyst: Supply chain analysts evaluate and improve supply chain processes, using economic principles to enhance efficiency and reduce costs. They play a key role in optimizing logistics and inventory management.
