B.S. in Economics

Saint Paul, Minnesota

 

INTAKE: Jan & Sept

Program Overview

The University of St. Thomas offers a Bachelor of Science in Economics program designed to equip students with a comprehensive understanding of economic theory, quantitative analysis, and real-world application. This STEM-designated program focuses on developing analytical skills and critical thinking, enabling graduates to address complex economic issues and contribute meaningfully to various sectors, including business, government, and academia.

STEM-designated: As a STEM-designated program, the B.S. in Economics emphasizes the importance of data analysis and quantitative reasoning in understanding economic phenomena. This designation not only highlights the program's rigorous analytical curriculum but also provides international students with potential benefits, including extended Optional Practical Training (OPT) opportunities, which allow them to gain valuable work experience in the U.S. after graduation.

Curriculum: The curriculum is carefully structured to cover essential economic concepts, including microeconomics, macroeconomics, and econometrics. Students engage in hands-on learning through advanced statistical and data analysis courses, preparing them for various analytical roles in their future careers. Elective courses allow for specialization in areas such as international economics, public policy, and environmental economics, enabling students to tailor their education to their interests.

Research Focus: Research is a cornerstone of the B.S. in Economics program, encouraging students to explore contemporary economic issues and engage with faculty-led projects. The program promotes critical inquiry and analytical skills, allowing students to conduct independent research, analyze data, and present their findings. This research focus enhances students’ understanding of real-world economic problems and equips them with the skills necessary for graduate studies or professional roles.

Industry Engagement: The University of St. Thomas emphasizes industry engagement through partnerships with local businesses, government agencies, and non-profit organizations. These collaborations provide students with internship opportunities, networking events, and exposure to industry professionals. Such engagement enhances students' practical understanding of economics and prepares them for successful careers in diverse fields.

Global Perspective: The B.S. in Economics program promotes a global perspective by addressing international economic issues and the complexities of global markets. Students study topics such as trade, globalization, and economic development, preparing them to analyze economic phenomena in a broader context. This focus on global economics equips graduates with the knowledge to navigate the intricacies of an interconnected world, making them valuable assets in various professional settings.

Pollster Education

Location

Saint Paul, Minnesota

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 51000

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 105.

The University of St. Thomas (UST) in Minnesota, USA, extends a warm welcome to international students by offering a range of scholarships designed to enhance accessibility and support their educational journey. These scholarships underscore UST's fostering a diverse and inclusive academic community while providing financial assistance to deserving students from around the world.

International Merit Scholarships: UST recognizes and rewards academic excellence in international students through merit-based scholarships. These scholarships are awarded based on outstanding academic achievements, including high school or college GPA, standardized test scores, and other notable accomplishments.

Global Leaders Scholarship: UST values leadership qualities and encourages students to actively contribute to their communities. The Global Leaders Scholarship is designed to support international students who have demonstrated exceptional leadership skills and a making a positive impact.

Cultural Diversity Scholarship: Celebrating the richness of cultural diversity, UST offers the Cultural Diversity Scholarship to international students who contribute to the vibrant multicultural tapestry of the university. This scholarship aims to recognize and support students from various cultural backgrounds.

Need-Based Financial Aid: Understanding the financial challenges that international students may face, UST provides need-based financial aid to eligible individuals. This aid is tailored to address specific financial circumstances, ensuring that deserving students have the resources to pursue their academic goals.

International Transfer Student Scholarships: UST acknowledges the achievements and unique challenges faced by international transfer students. Scholarships for international transfers aim to facilitate a smooth transition and recognize the academic accomplishments of students transferring to UST.

Global Perspectives Scholarship: Emphasizing the importance of a global outlook, UST offers the Global Perspectives Scholarship to international students who actively contribute to fostering cross-cultural understanding and engagement on campus.

Graduates of the B.S. in Economics program from the University of St. Thomas are well-prepared for a wide range of career opportunities in various sectors, including business, government, non-profits, and academia. The program equips students with strong analytical, quantitative, and critical thinking skills, essential for evaluating economic issues and making informed decisions.

Economic Analyst: Many graduates begin their careers as economic analysts, where they analyze data and economic trends to provide insights that inform business strategies and policy decisions. This role requires proficiency in statistical analysis and the ability to interpret complex economic information.

Data Analyst: Graduates often find opportunities as data analysts, where they use statistical methods and software tools to analyze data sets. In this role, they generate actionable insights that help organizations make data-driven decisions in areas such as marketing, finance, and operations.

Financial Consultant: The program prepares students for careers as financial consultants, advising clients on investment strategies, financial planning, and risk management. This position involves analyzing financial data and market trends to develop personalized financial solutions.

Policy Analyst: Some graduates pursue careers as policy analysts, focusing on evaluating and developing policies related to economic and social issues. In this role, they conduct research, analyze policy impacts, and provide recommendations to government agencies or non-profit organizations.

Market Research Analyst: Graduates can also work as market research analysts, where they gather and analyze data on consumer behavior and market trends. This position is vital for businesses seeking to understand their target markets and develop effective marketing strategies.

Business Consultant: The B.S. in Economics program prepares students for roles as business consultants, where they analyze business operations and recommend strategies for improvement. This role requires a strong understanding of economic principles and strategic thinking.

International Trade Specialist: For those interested in global economics, careers as international trade specialists allow graduates to analyze global market trends and trade policies. This role often involves working with government agencies or multinational corporations to navigate international trade regulations.

Risk Analyst: Graduates may enter the financial sector as risk analysts, assessing financial risks and developing strategies to mitigate them. This role is critical in industries such as banking and insurance, where risk management is essential.

Graduate Studies: Many graduates choose to pursue advanced degrees in economics, business administration, or public policy, further enhancing their career prospects and allowing them to specialize in their areas of interest.


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