B.A. in Quantitative Economics

Sioux Falls

 

INTAKE: Jan & Aug

Program Overview

The Bachelor of Arts (B.A.) in Quantitative Economics at Augustana University offers a comprehensive education that blends economic theory with quantitative analysis. This program is designed to equip students with the necessary skills to analyze complex economic data, understand market dynamics, and apply economic principles to real-world problems. Through a combination of rigorous coursework and practical experience, graduates emerge with a solid foundation in both economics and statistical methods, preparing them for a variety of career paths in finance, government, and research.

STEM-designated: The B.A. in Quantitative Economics is STEM-designated, reflecting its strong emphasis on science, technology, engineering, and mathematics. This designation not only highlights the analytical and technical skills students develop throughout the program but also enhances their eligibility for various federal programs and potential visa opportunities for international students. The STEM designation underscores the program’s focus on quantitative skills that are increasingly valuable in today's data-driven economy.

Curriculum: The curriculum for the B.A. in Quantitative Economics is thoughtfully designed to integrate core economic theories with quantitative methods. Students engage in courses covering microeconomics, macroeconomics, econometrics, and statistics, alongside electives that allow for specialization in areas such as behavioral economics, financial economics, and data analysis. This blend of coursework ensures that graduates are proficient in using mathematical models and statistical tools to interpret economic data effectively.

Research Focus: Research is a critical component of the Quantitative Economics program at Augustana University. Students are encouraged to participate in research projects that allow them to apply their quantitative skills to analyze economic issues. Faculty members, who are experts in their fields, guide students in conducting research that may lead to presentations at academic conferences or publications in scholarly journals. This focus on research not only deepens students’ understanding of economic concepts but also enhances their analytical capabilities.

Industry Engagement: Augustana University places a strong emphasis on industry engagement within its Quantitative Economics program. Students have opportunities to collaborate with local businesses, government agencies, and non-profit organizations on projects that provide real-world experience. Internships and experiential learning programs further enable students to apply their academic knowledge in practical settings, building a network of professional contacts that can be valuable for future employment.

Global Perspective: The B.A. in Quantitative Economics is designed to provide students with a global perspective on economic issues. The program includes coursework that examines international economics and trade, and encourages students to explore economic challenges on a global scale. Additionally, opportunities for study abroad and participation in international conferences allow students to gain insights into how economic principles apply in different cultural and political contexts, preparing them for careers in an increasingly interconnected world.

Pollster Education

Location

Sioux Falls

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

USD 39100

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 79 or higher.
  • PTE: Overall score of 53 or higher.
  • DET (Duolingo English Test): Minimum score of 110.

Augustana University is fostering a diverse and inclusive academic community, it offers a range of scholarships to support international students pursuing their education in the United States.

International Student Scholarships: Augustana University extends a warm welcome to international students by offering dedicated scholarships. These financial awards aim to ease the financial burden of tuition and make quality education accessible to a global student body.

Merit-Based Scholarships: Augustana recognizes and rewards academic excellence. Merit-based scholarships are available to international students who demonstrate exceptional academic achievements. These scholarships are a testament to the university's attracting top talent from around the world.

Leadership Scholarships: In acknowledgment of the importance of leadership skills, Augustana University encourages and supports students who have demonstrated outstanding leadership qualities in their communities. Leadership scholarships provide financial assistance to those who have made a positive impact through their leadership endeavors.

Athletic Scholarships: Augustana's strong athletic programs extend beyond borders, and international student-athletes are eligible for athletic scholarships. These scholarships are designed to recognize and support the dedication and talent of international athletes who wish to contribute to the university's sports culture.

Cultural Diversity Scholarships: Augustana values diversity and encourages students to contribute to the rich tapestry of cultural experiences on campus. Cultural diversity scholarships aim to support students from various backgrounds, fostering a globally aware and interconnected academic community.

B.A. in Quantitative Economics at Augustana University underscore the program's strong foundation in analytical skills and economic principles, preparing students for impactful roles in various sectors.

Data Analyst: Graduates with a B.A. in Quantitative Economics often begin their careers as data analysts, where they leverage statistical tools and methodologies to interpret complex data sets, helping organizations make informed decisions based on empirical evidence.

Economist: Many alumni pursue careers as economists, working in government agencies, think tanks, or private sectors to analyze economic trends, conduct research, and provide insights on policy implications and market behaviors.

Financial Analyst: Graduates frequently transition into financial analyst roles, assessing financial data to guide investment decisions, evaluate business performance, and develop financial models to forecast economic conditions.

Market Research Analyst: A common career path is market research analyst, where graduates study market conditions to identify potential sales opportunities for products or services, employing quantitative methods to gauge consumer preferences.

Policy Analyst: Some graduates take on roles as policy analysts, working for governmental and non-profit organizations to evaluate and develop policies that address economic issues, contributing to public welfare and informed governance.

Consultant: Alumni can also enter the consulting field, offering expertise to businesses and organizations on economic strategies, market entry, and risk assessment, leveraging their analytical skills to solve complex problems.

Statistical Analyst: Graduates may become statistical analysts, applying statistical techniques to collect and analyze data, generating reports that influence strategic decisions in various industries, including healthcare, finance, and education.

Actuary: For those interested in risk assessment, pursuing a career as an actuary is an option, where graduates use their quantitative skills to evaluate financial risks in insurance and investment sectors.

Graduate Studies: Many B.A. in Quantitative Economics graduates choose to continue their education in graduate programs, specializing in economics, finance, or business administration, positioning themselves for higher-level roles and academic pursuits.

Government Analyst: Finally, some graduates work as government analysts, employing their quantitative skills to inform policy-making processes, analyze economic data, and contribute to research initiatives within governmental departments.


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