M.S. in Accounting
Hofstra University, located in Hempstead, New York, offers a Master of Science (M.S.) i...
B.S. in Mathematical Business Economics
New York
INTAKE: Jan & Aug
Program Overview
The Bachelor of Science (B.S.) in Mathematical Business Economics at Hofstra University is designed to provide students with a comprehensive understanding of the quantitative methods and economic principles that drive decision-making in business. This interdisciplinary program combines rigorous training in mathematics and statistics with foundational concepts in economics and business, preparing graduates for analytical roles in various industries. The curriculum emphasizes the application of mathematical techniques to real-world economic problems, equipping students with the skills necessary to analyze data, model economic scenarios, and make informed business decisions.
STEM-designated: The B.S. in Mathematical Business Economics is recognized as a STEM-designated program, which underscores its emphasis on science, technology, engineering, and mathematics. This designation enhances the program's appeal, particularly for international students, as it allows for extended Optional Practical Training (OPT) opportunities in the United States. The STEM classification highlights the program’s focus on developing quantitative skills that are highly sought after in today’s data-driven business environment.
Curriculum: The curriculum for the B.S. in Mathematical Business Economics includes a blend of core courses in mathematics, statistics, economics, and business. Students will engage in advanced coursework covering topics such as calculus, linear algebra, econometrics, and microeconomic and macroeconomic theory. Elective courses allow students to specialize in areas such as financial economics, operations research, and game theory. The program also includes practical components such as projects and case studies that reinforce theoretical knowledge and its application in business contexts.
Research Focus: Hofstra University encourages a research-oriented approach within the B.S. in Mathematical Business Economics program. Students are given opportunities to engage in independent research projects or collaborate with faculty members on economic analysis and data-driven studies. This focus on research enables students to deepen their understanding of mathematical methods and their applicability in addressing contemporary economic issues, thereby fostering critical thinking and analytical skills.
Industry Engagement: The program promotes strong industry engagement through internships, guest lectures, and networking events with business professionals. Hofstra's location in the New York metropolitan area provides students access to a vast network of potential employers and industry leaders. Through internships and experiential learning opportunities, students can apply their mathematical and economic knowledge in real-world settings, gaining valuable experience that enhances their employability upon graduation.
Global Perspective: The B.S. in Mathematical Business Economics incorporates a global perspective, recognizing the interconnected nature of today’s economies. Students learn to analyze economic issues from both domestic and international viewpoints, preparing them to navigate the complexities of global markets. The program encourages students to consider how mathematical models and economic theories apply to various cultural and geographic contexts, equipping them to work effectively in diverse environments.
Location
New York
Score
IELTS 6.5
Tuition Fee
USD 57750
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% 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 120.
Scholarships for International Students at Hofstra University
Global Scholars Program: The Global Scholars Program at Hofstra University is designed to recognize and support outstanding international students who demonstrate academic excellence, leadership skills, and making a positive impact in their communities. The scholarship covers a significant portion of tuition costs.
International Student Scholarship: Hofstra University may offer merit-based scholarships to international students based on their academic achievements and potential. These scholarships aim to attract and reward students who have demonstrated exceptional academic performance.
Phi Theta Kappa Scholarship: International transfer students who are members of the Phi Theta Kappa Honor Society may be eligible for a special scholarship at Hofstra University. This scholarship recognizes the achievements of transfer students who have excelled in their previous academic pursuits.
Endowed Scholarships: Hofstra University has various endowed scholarships that international students can apply for. These scholarships may be specific to certain academic disciplines, extracurricular achievements, or other criteria. Students are encouraged to explore the specific eligibility requirements for each endowed scholarship.
Hofstra Cultural Ambassador Scholarship: The Cultural Ambassador Scholarship is designed to recognize students who actively contribute to promoting cultural understanding and diversity on campus. Recipients of this scholarship may be involved in organizing cultural events, participating in international clubs, or engaging in activities that foster a global community at Hofstra.
Athletic Scholarships: International students with exceptional athletic talents may be eligible for athletic scholarships offered by Hofstra University. These scholarships are typically awarded to student-athletes who demonstrate outstanding skills and contribute to the university's athletic programs.
External Scholarships: Hofstra University encourages international students to explore external scholarship opportunities, including those offered by government agencies, private organizations, and foundations. The International Student Affairs Office may provide guidance on external scholarship options.
Graduates of the Bachelor of Science (B.S.) in Mathematical Business Economics from Hofstra University have a broad spectrum of career opportunities in various sectors, leveraging their strong foundation in mathematics, economics, and business principles. The interdisciplinary nature of the program equips students with analytical skills and quantitative methods that are highly valued in today's job market.
Financial Analyst: Many graduates pursue careers as financial analysts, where they assess investment opportunities, analyze financial data, and provide recommendations to organizations on financial decisions. They use mathematical models and economic theories to evaluate market trends and assist in portfolio management.
Data Analyst: Another common career path is becoming a data analyst. Graduates apply statistical techniques to interpret complex data sets and extract actionable insights. Their ability to use mathematical models to analyze data trends makes them invaluable in various industries, including finance, marketing, and healthcare.
Economist: Some graduates choose to work as economists, conducting research and analysis to understand economic trends, develop forecasts, and inform policy decisions. Economists often work for government agencies, think tanks, or private consulting firms, utilizing their quantitative skills to interpret economic data.
Market Research Analyst: Graduates can also pursue roles as market research analysts, where they study market conditions to identify potential sales opportunities for products or services. They analyze data related to consumer preferences and market trends to help businesses develop effective marketing strategies.
Operations Research Analyst: Those with a strong interest in optimization and decision-making may become operations research analysts. In this role, graduates use mathematical modeling and statistical analysis to help organizations improve operational efficiency, streamline processes, and enhance decision-making.
Actuary: Some graduates may choose to pursue a career as an actuary, specializing in evaluating financial risks using mathematics, statistics, and financial theory. Actuaries are critical in the insurance and finance industries, where they analyze data to assess risk and uncertainty.
Consultant: With their strong analytical skills, graduates can also work as business consultants, advising organizations on strategic decisions, market entry strategies, and operational improvements. They utilize their knowledge of economic principles and mathematical analysis to develop data-driven solutions for clients.
Graduate Studies: Many B.S. in Mathematical Business Economics graduates opt to continue their education by pursuing advanced degrees in economics, business, finance, or data science. These advanced studies can lead to higher-level positions in research, academia, or specialized industries.
