B.A. in Economics

Williamsport, Pennsylvania

 

INTAKE: Jan & Aug

Program Overview

The B.A. in Economics at Lycoming College offers three distinct tracks: Economics, Managerial Economics, and Quantitative Economics. The General Economics track provides a broad understanding of economic, social, and business problems, serving as excellent preparation for various careers or graduate studies. The Managerial Economics track is closely integrated with the Institute for Management Studies, offering a well-rounded business curriculum. The Quantitative Economics track, specifically, focuses on the more quantitative and analytical aspects, preparing students for statistical analysis and research of economic issues. The program emphasizes personalized education with small class sizes and direct interaction with faculty.

Curriculum: The Economics curriculum provides a rigorous foundation in economic theory and application. Core courses for all tracks typically include Principles of Macroeconomics, Principles of Microeconomics, Intermediate Macroeconomics, Intermediate Microeconomics, and a Research Capstone course (ECON 449). All economics majors are also required to take a statistics course (MATH 123 or a higher-level statistics class). The Quantitative Economics track delves deeper into courses like Introduction to Economic Research (ECON 241) and prepares students for basic empirical work, focusing on linear regression. The Managerial Economics track integrates courses from accounting and business administration, offering a blend of economic theory with practical business applications.

Research Focus: Research is a central and distinctive feature of the Economics program at Lycoming College. The department strongly encourages undergraduate students to conduct research or complete independent study projects with faculty. These opportunities allow students to gain a better understanding of economic concepts and enhance their experience for future careers or graduate studies. Students may assist faculty with ongoing research projects, which can range from grant-funded studies to contributions to journal articles. Opportunities to present research at regional undergraduate research conferences are also encouraged. The college's "Undergraduate Research" initiatives, including the Humanities Research Center, further support student and faculty scholarship.

Industry Engagement: Lycoming College places a high priority on practical industry engagement for its Economics students. The curriculum is designed to embed career exploration and professional development skills. Students are encouraged to pursue competitive internships with various organizations, leveraging the college's Center for Enhanced Academic Experiences (CEAE). Notable opportunities include an annual economics department trip to destinations such as Vanguard, the Bureau of Labor Statistics, and the Federal Reserve Bank of Philadelphia, allowing students to explore career options and network with alumni. The strong alumni network is also valuable, with successful alumni guest lecturing in upper-level classes and assisting majors in job searches or graduate program selection.

Global Perspective: A global perspective is inherently integrated into Lycoming College's Economics program through the study of interconnected global markets, international trade, and economic development challenges worldwide. The curriculum often incorporates global economic issues into coursework, and students can explore topics such as international finance or development economics. The program offers opportunities like a "European Business Experience" class, which includes travel to London and Prague during May Term, providing firsthand exposure to international economic environments. Furthermore, Lycoming College actively encourages study abroad opportunities in over 100 locations, allowing students to gain diverse cultural experiences and a broader understanding of global economic systems. The presence of international students within the program also enriches classroom discussions with varied perspectives.

Pollster Education

Location

Williamsport, Pennsylvania

Pollster Education

Score

IELTS 6

Pollster Education

Tuition Fee

USD 49258

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 70 or higher.
  • PTE: Overall score of 50 or higher.
  • DET (Duolingo English Test): Minimum score of 100.

Lycoming College is attracting talented international students by offering generous and competitive scholarship opportunities. These scholarships help make a high-quality liberal arts education accessible and affordable for students from around the world, fostering a diverse and vibrant campus community.

Merit-Based Scholarships: All international applicants to Lycoming College are automatically considered for merit-based scholarships there is no separate application required. These scholarships reward academic excellence, leadership, and extracurricular achievements.

Renewable Scholarships: Scholarships awarded to international students at Lycoming are renewable for up to four years, provided that students maintain satisfactory academic progress and good standing with the college. This continuity offers financial stability throughout the undergraduate journey.

Need-Based Aid: In addition to merit scholarships, Lycoming College offers limited need-based financial aid to international students who demonstrate financial need. Students may be required to submit additional documentation to be considered for this aid. Need-based support complements merit awards to further reduce the overall cost of attendance.

Specialty Scholarships and Awards: Lycoming College occasionally provides targeted scholarships based on students’ fields of study, leadership qualities, or unique talents. International students are encouraged to inquire about available departmental awards or special grants during the admissions process.

A Bachelor of Arts (B.A.) in Economics from Lycoming College provides graduates with a highly sought-after combination of analytical rigor, critical thinking, and a broad understanding of economic principles.

Financial Analyst: This is a very common path. Graduates analyze financial data, evaluate investment opportunities, and provide guidance to individuals or businesses on investment decisions, often working for banks, investment firms, or corporate finance departments.

Data Analyst: With strong quantitative and statistical skills from their economics degree, graduates can excel in roles that involve collecting, interpreting, and analyzing large datasets to identify trends, make predictions, and inform business or policy decisions across various industries.

Economic Consultant: Graduates advise businesses, governments, or other organizations on economic issues. They analyze market conditions, assess the impact of policies, and provide strategic recommendations based on economic principles.

Market Research Analyst: Understanding consumer behavior and market dynamics, graduates conduct research to identify market trends, forecast sales, and develop strategies for product development and marketing for businesses or market research firms.

Policy Analyst: Graduates can work for government agencies, think tanks, or non-profit organizations, using economic principles to analyze the potential impacts of proposed policies, evaluate existing programs, and contribute to policy development in areas like healthcare, labor, or environment.

Actuarial Analyst: For those with strong mathematical and statistical aptitude (especially from the Quantitative Economics track), this role involves assessing financial risks for insurance companies and other financial institutions, using complex models to calculate probabilities and costs.

Credit Analyst: Graduates evaluate the creditworthiness of individuals or companies, assessing financial statements and economic conditions to determine lending risks for banks or financial institutions.

Operations Manager: With an understanding of efficiency and resource allocation from an economic perspective, graduates can oversee daily operations in businesses, optimizing processes, managing supply chains, and improving overall productivity.

Business Consultant: Leveraging their broad understanding of economic forces and business strategies, graduates can advise organizations on ways to improve performance, solve operational challenges, and achieve strategic goals across various sectors.

Urban and Regional Planner: Applying economic and analytical skills to public policy and development, graduates can work for local governments or planning agencies to develop land use plans, analyze demographic changes, and address economic development issues within communities.


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