B.S. in Applied Economics

York, Pennsylvania

 

INTAKE: August

Program Overview

The Bachelor of Science (B.S.) in Applied Economics at York College of Pennsylvania equips students with a sought-after skill set of quantitative, critical thinking, and analytical abilities essential for navigating the complex and ever-changing global economy. This program focuses on understanding the factors shaping world markets, consumer behavior, and economic developments within industrialized societies. It prepares graduates for diverse roles in business, finance, and economics, as well as for further graduate studies, by developing their capacity to analyze and forecast business and economic trends.

ACBSP-Accredited: The Graham School of Business at York College of Pennsylvania, which includes the B.S. in Applied Economics program, is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). This accreditation signifies that the program meets rigorous global standards for educational excellence, with a strong focus on teaching quality, student learning outcomes, and continuous improvement. ACBSP accreditation assures students and employers that the business education received at YCP, including in Applied Economics, is of high quality and relevant to the demands of the modern workforce.

Curriculum: The curriculum for the B.S. in Applied Economics is structured to provide a robust foundation in economic theory, quantitative methods, and business principles. Students delve into core economics courses such as Introduction to Microeconomics, Introduction to Macroeconomics, Intermediate Microeconomics, Intermediate Macroeconomics, and Introduction to Economic Statistics. The program also integrates essential business knowledge, including Accounting, Business Analytics, Finance, and Risk Management. Elective courses allow for specialization in areas like Environmental and Natural Resource Economics, Sustainable Development Economics, and International Economics. The balance of economic theory, quantitative skills, and business acumen prepares students to analyze and interpret economic data, make informed decisions, and communicate complex economic concepts effectively.

Research Focus: York College of Pennsylvania fosters an environment that encourages applied learning and analytical "research" within the Applied Economics program. Students develop the ability to understand and interpret economic developments through quantitative analysis and critical thinking. While it may not involve traditional academic theoretical research, the program's emphasis on data-driven insights and forecasting requires students to engage in practical research, analyzing market trends, consumer behavior, and economic policies. Courses often involve real-world problem-solving and the application of economic models to current events, equipping students with valuable research skills for professional roles.

Industry Engagement: Industry engagement is a key component of the Applied Economics program at York College. The program emphasizes developing a skill set that is highly sought after by employers in various sectors. Students are prepared for entry-level career areas such as market research, financial analysis, economic forecasting, management consulting, and investment banking. While specific named partnerships are not extensively detailed, the Graham School of Business generally maintains strong connections with the business community, providing students with opportunities for practical application and networking. The overall emphasis on career readiness and practical skills development ensures graduates are well-prepared for the demands of the professional world.

Global Perspective: The B.S. in Applied Economics program at York College inherently incorporates a strong global perspective. The curriculum is designed to help students understand the factors shaping world markets and the increasing complexity of the global economy due to globalization and politics. Courses often cover International Economics, ensuring students are well-versed in global trade, finance, and economic interdependencies. The program directly addresses the demand for professionals who can analyze and forecast business and economic trends on an international scale, preparing graduates to navigate an interconnected global marketplace with confidence.

Pollster Education

Location

York, Pennsylvania

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

USD 26920

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 or 6.5 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 79 or higher.
  • PTE: Overall score of 58 or higher.
  • DET (Duolingo English Test): Minimum score of 110.

York College of Pennsylvania offers a variety of scholarship opportunities specifically aimed at supporting international students in achieving their academic goals while easing financial burdens. These scholarships are designed to recognize academic excellence, leadership potential, and other special talents among international applicants.

Merit-Based Scholarships: International students applying to York College are considered for merit-based scholarships automatically during the admissions process. These scholarships are awarded based on academic achievements, standardized test scores, and overall application strength. High-achieving students can receive significant tuition discounts, which help make studying in the U.S. more affordable.

International Student Scholarships: York College provides dedicated scholarships for international students, which may include renewable awards throughout the duration of their degree program. These scholarships acknowledge the diverse backgrounds and contributions international students bring to the campus community.

Departmental Scholarships: Certain academic departments at York College offer scholarships to students who demonstrate exceptional performance or promise in their chosen field of study. International students are encouraged to explore these opportunities by contacting their academic departments directly.

York College of Pennsylvania's Bachelor of Science (B.S.) in Applied Economics is a highly valuable degree, preparing graduates with robust quantitative, analytical, and critical thinking skills. This program is specifically designed to meet the growing demand for professionals who can interpret complex economic data, forecast market trends, and make informed decisions in a globalized and data-driven world.

Economic Analyst: Graduates can work in government agencies, think tanks, or private consulting firms, researching and analyzing economic data to provide insights on market trends, policy impacts, and financial conditions.

Financial Analyst: Applied Economics graduates are well-suited for roles in investment banking, corporate finance, or wealth management. They analyze financial data, assess investment opportunities, and create financial models to support decision-making.

Market Research Analyst: These professionals study consumer behavior, market conditions, and competitive environments to help businesses understand their target audience, develop new products, and refine marketing strategies. Their economic background provides a strong understanding of market dynamics.

Data Analyst: With a strong foundation in quantitative methods and statistics, graduates can excel in data analysis roles across various industries. They collect, clean, and interpret large datasets to identify trends, solve problems, and inform business strategy.

Policy Analyst (Government/Non-Profit): Graduates can work for government bodies or non-profit organizations, analyzing the economic impact of policies, programs, and regulations. They provide research and recommendations to shape public policy.

Quantitative Analyst (Quant): Especially with additional coursework in mathematics or statistics, graduates can pursue roles in finance, developing complex mathematical models and algorithms to price securities, manage risk, and identify trading opportunities.

Management Consultant: Applied economists are highly valued in consulting for their ability to analyze complex business problems, identify inefficiencies, and propose data-driven solutions to improve organizational performance and strategy.

Risk Management Analyst: In financial institutions or corporations, these analysts identify, assess, and mitigate financial and operational risks, using economic principles to forecast potential challenges and develop risk reduction strategies.

Business Intelligence Analyst: This role involves using data to provide actionable insights for business operations. Graduates can build dashboards, generate reports, and interpret data to help organizations make better strategic and operational decisions.

Actuarial Analyst (with further exams): While requiring specific professional exams, the strong mathematical and statistical background from an Applied Economics degree provides an excellent foundation for a career as an actuary, assessing financial risks for insurance and pension schemes.


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