Executive Masters Of Business Administration
The Executive Masters of Business Administration (EMBA) at RIT is desi...
B.S. in Economics
Rochester
INTAKE: Jan, May & Aug
Program Overview
The B.S. in Economics program at Rochester Institute of Technology (RIT) is designed to equip students with a comprehensive understanding of economic theory, data analysis, and practical decision-making skills. This program blends theoretical economics with real-world applications, preparing students to analyze global and local economic issues. Graduates of this program are prepared for a wide range of careers in economics, business, government, and beyond, with the flexibility to apply their skills to solve complex problems in various sectors. The program emphasizes the development of quantitative skills, critical thinking, and a strong understanding of economic principles.
STEM-designated: The B.S. in Economics at RIT is a STEM-designated program, reflecting its focus on developing strong analytical and quantitative skills. This designation highlights the program’s rigorous approach to data analysis, statistical methods, and modeling, which are essential components of modern economics. The STEM designation also opens doors to various career opportunities in technology-driven sectors and may provide international students with extended work opportunities in the United States through optional practical training (OPT).
Curriculum: The curriculum of the B.S. in Economics program at RIT is designed to provide students with a solid foundation in economic theory and its applications. Core courses include microeconomics, macroeconomics, econometrics, and statistics, alongside specialized courses in areas like international economics, labor economics, and environmental economics. The program also includes a focus on data analysis and computational economics, enabling students to work with economic models and large data sets. Additionally, students gain practical experience through internships and project-based learning, further enhancing their understanding of economic theory in real-world settings.
Research Focus: The B.S. in Economics program encourages research in various economic disciplines, including macroeconomics, microeconomics, econometrics, and public policy. Faculty members engage in cutting-edge research in areas like global economic development, financial markets, behavioral economics, and environmental economics. Students have opportunities to collaborate with faculty on research projects, gaining hands-on experience in economic analysis and problem-solving. This research focus enhances the program's academic rigor and prepares students to engage with complex economic issues both in academic and professional settings.
Industry Engagement: The B.S. in Economics program at RIT is closely connected with industry through internships, co-op programs, and collaborations with businesses and government agencies. These partnerships provide students with valuable real-world experience and allow them to apply their economic knowledge to practical challenges. Industry professionals often contribute to the program through guest lectures, seminars, and networking events, offering students insights into the latest trends in the economy and providing opportunities for career development. This strong industry engagement ensures that RIT graduates are well-prepared for careers in economics and related fields.
Global Perspective: The B.S. in Economics program at RIT offers students a global perspective by examining economic systems, policies, and issues from an international viewpoint. Students explore topics such as international trade, global markets, and the impact of globalization on economic development. The program encourages study abroad opportunities and cross-cultural learning experiences, enabling students to understand economic issues in a global context. Graduates of the program are prepared to work in an interconnected world, equipped with the knowledge and skills to analyze economic problems on a global scale.
Location
Rochester
Score
IELTS 6.5
Tuition Fee
USD 53720
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 6.0 or 6.5 with a minimum of 5.5 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 58 or higher.
- DET (Duolingo English Test): Minimum score of 100.
Rochester Institute of Technology (RIT) is supporting international students through a variety of scholarship opportunities designed to ease the financial burden of studying abroad. These scholarships are available for undergraduate and graduate students and can be awarded based on academic merit, need, and specific program requirements.
Merit-Based Scholarships: RIT offers several merit-based scholarships for international students that are awarded based on academic achievement. These scholarships are intended to recognize the hard work and dedication of students who have demonstrated exceptional academic performance in their previous studies. These scholarships can significantly reduce tuition fees, making education at RIT more affordable for international students. Applicants are automatically considered for merit-based scholarships during the admissions process, and no additional application is required.
International Student Scholarships: In addition to merit-based scholarships, RIT offers specific scholarships tailored to international students. These scholarships are designed to make education accessible to students from around the world and help them pursue their studies at a world-class institution. The scholarships vary in amount and eligibility criteria, and they are awarded based on factors such as academic performance, leadership potential, and extracurricular involvement.
Program-Specific Scholarships: Certain academic programs at RIT offer program-specific scholarships for international students. These scholarships are designed to support students in specific fields of study, such as engineering, business, computer science, and the arts. Each program may have its own criteria for eligibility, and students are encouraged to check with their respective departments for details about available scholarships. Program-specific scholarships often offer additional opportunities for networking, research, and professional development.
Graduates of the B.S. in Economics program at Rochester Institute of Technology (RIT) are well-prepared to pursue a wide range of careers in economics, business, government, and various other sectors. The program equips students with strong analytical and quantitative skills, making them highly competitive in the job market.
Economist: Economists analyze data, economic trends, and policies to provide insights and forecasts. They work in government agencies, think tanks, and private firms, advising on issues such as inflation, employment, and economic growth.
Financial Analyst: Financial analysts assess financial data and trends to guide investment decisions. They may work in banking, investment firms, or corporate finance, evaluating the performance of financial markets and assets.
Market Research Analyst: Market research analysts gather and analyze data about consumer preferences, market conditions, and competition. They provide valuable insights that businesses use to make informed decisions about product development, marketing strategies, and pricing.
Policy Analyst: Policy analysts research, evaluate, and recommend policies on a variety of economic and social issues. They often work for government agencies, think tanks, or non-profit organizations, analyzing the impact of policies on the economy and society.
Data Scientist/Analyst: With a strong foundation in quantitative methods and data analysis, graduates can pursue careers as data scientists or analysts, working in fields such as business, healthcare, technology, or government to analyze large sets of data and extract meaningful insights.
Investment Banker: Investment bankers assist companies in raising capital, managing financial risks, and advising on mergers and acquisitions. They play a crucial role in corporate finance, investment markets, and capital management.
Risk Manager: Risk managers identify, assess, and manage potential financial risks for organizations. They work in industries such as banking, insurance, and corporate finance, ensuring that businesses are prepared for uncertainties in the market.
International Trade Specialist: Graduates with a focus on international economics can pursue careers as trade specialists, analyzing global markets, trade agreements, and economic policies. They work with governments, multinational corporations, or international organizations.
Public Policy Advisor: Public policy advisors use economic analysis to provide recommendations on public programs and government policies. They may work in government, lobbying firms, or advocacy organizations, influencing decisions on issues like taxation, healthcare, and environmental policies.
Corporate Strategist: Corporate strategists work with businesses to develop long-term plans for growth and profitability. They analyze economic trends and market data to guide the company's strategic direction, often working in collaboration with top executives.
