Bachelors of Actuarial Science
The Actuarial Science program at Franklin College provides a comprehensive foundation i...
Bachelors of Quantitative Analysis
Franklin, Indiana
INTAKE: Jan & Aug
Program Overview
The Quantitative Analysis program at Franklin College is designed for students seeking a rigorous foundation in both mathematics and business disciplines. It explores the relationships between quantitative methods and areas such as economics, finance, and marketing, allowing students to customize their educational experience through specialized tracks. The program’s core objective is to develop highly analytical problem-solvers who can leverage data and mathematical reasoning to inform strategic business decisions. Graduates are distinguished by their superior analytical abilities, setting them apart in the competitive business landscape and preparing them for leadership roles or further academic pursuits.
STEM-designated: Yes, the Bachelor of Arts in Quantitative Analysis at Franklin College is unequivocally a STEM (Science, Technology, Engineering, and Mathematics) designated program. Quantitative analysis inherently involves the application of mathematical, statistical, and computational methods to solve complex problems, aligning it directly with STEM fields. This classification is particularly advantageous for international students, as it often allows for an extended Optional Practical Training (OPT) period in the U.S. after graduation, providing more time to gain valuable professional experience.
Curriculum: The curriculum for the BA in Quantitative Analysis is interdisciplinary and rigorous, combining foundational mathematics with core business principles. While specific course details may vary by track (economics, finance, marketing), common components would include core mathematics courses such as Calculus and Statistics, along with business fundamentals like Introduction to The Business Mindset, Business Finance, and Contemporary Marketing. Students will delve into subjects like Quantitative Methods and Dynamic Forecasting, where they learn inferential statistics, hypothesis testing, and advanced model building using tools like Excel add-ins and EViews. The program also emphasizes practical application, with courses designed to involve client research and big data analysis for real-world problem-solving.
Research Focus: Franklin College's Quantitative Analysis program places a strong emphasis on applied research and problem-solving. Students engage in courses that task them with "completing client research" and "solving real-world problems," often involving "statistical consulting and big data analysis." This translates into a hands-on research focus where students apply quantitative methods to analyze datasets for local non-profit agencies or address challenges faced by businesses. While not always pure theoretical research, this practical application of quantitative skills to real-world scenarios is a core component of the program, preparing students to conduct meaningful analyses and extract actionable insights.
Industry Engagement: Franklin College demonstrates exceptional industry engagement for its Quantitative Analysis students. A critical aspect of the program is that every mathematics major, including those in Quantitative Analysis, completes at least one internship. These internships often lead directly to full-time employment upon graduation, showcasing the program's strong career outcomes. The curriculum is designed with practicality in mind, incorporating "client research" and "statistical consulting" projects that solve actual business problems. Furthermore, students have opportunities to interact with alumni and guest speakers from leading companies and visit local employers like Cummins, Salesforce, Caterpillar, and the FBI, providing invaluable networking and real-world exposure.
Global Perspective: In an increasingly interconnected world, quantitative analysis often involves global datasets and international business challenges. While Franklin College's Quantitative Analysis program is rooted in the U.S., its foundation as a liberal arts institution encourages a broader global perspective. The curriculum may include aspects of international economics or finance, allowing students to analyze global market trends and economic interdependencies. Franklin College actively promotes study-away opportunities, including month-long Immersive Term study-away courses and semester-long programs. These experiences allow students to gain exposure to diverse economic systems, business practices, and quantitative challenges in international contexts, preparing them for a globalized workforce.
Location
Franklin, Indiana
Score
IELTS 6.5
Tuition Fee
USD 40010
Undergraduate Entry Requirements
Application Fee: $40
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 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Franklin College offers a range of scholarship opportunities to support international students in pursuing their academic goals. These scholarships are designed to recognize outstanding academic achievement, leadership qualities, and extracurricular involvement, making higher education more accessible and affordable for students from around the world.
Merit-Based Scholarships: International students are automatically considered for merit-based scholarships upon admission. These awards are competitive and primarily based on academic performance, standardized test scores, and personal achievements. Scholarships can significantly reduce tuition costs and may be renewable each year based on satisfactory academic progress.
Specialized Scholarships: In addition to general merit awards, Franklin College provides targeted scholarships for students excelling in specific fields such as science, arts, athletics, or community service. Some scholarships also focus on promoting diversity and inclusion by supporting students from underrepresented regions or backgrounds.
Franklin College's Bachelor of Arts in Quantitative Analysis is a highly specialized and impactful program designed for students with a strong mathematical aptitude and a desire to apply those skills directly to solve complex business challenges.
Business Analyst: A very common role where graduates apply their analytical skills to understand business processes, identify areas for improvement, and recommend solutions. They often act as a bridge between technical teams and business stakeholders, using data to drive strategic decisions.
Financial Analyst: Leveraging their strong foundation in finance and quantitative methods, graduates analyze financial data, assess investment opportunities, develop financial models, and provide insights to guide investment decisions for banks, corporations, and investment firms.
Data Analyst/Scientist (Entry-Level): With training in statistical consulting and big data analysis, graduates are well-equipped to collect, process, and analyze large datasets. They use various tools and techniques to identify trends, create visualizations, and extract meaningful insights to support decision-making across industries.
Market Research Analyst: Drawing on their quantitative and analytical abilities, these professionals design and conduct surveys, analyze consumer behavior, and interpret market trends to help companies develop effective marketing strategies, understand customer preferences, and launch new products.
Operations Research Analyst: Graduates apply advanced mathematical modeling, statistical analysis, and optimization techniques to solve complex operational problems. They work to improve efficiency, reduce costs, and optimize processes in areas like logistics, supply chain management, and resource allocation.
Actuarial Assistant/Analyst: For those interested in risk management, this program provides an excellent foundation for a career as an actuary. While it requires passing a series of professional exams, the rigorous mathematical and statistical training prepares students for these challenging certifications. They assess and manage financial risks, primarily for insurance and pension industries.
Management Consultant (Quantitative Focus): Graduates can join consulting firms, where they use their analytical skills to help clients solve diverse business problems. This often involves data analysis, strategic planning, process improvement, and presenting data-driven recommendations to leadership.
Supply Chain Analyst: In roles focused on logistics and supply chain management, quantitative analysis graduates optimize various aspects of the supply chain, from inventory management and demand forecasting to transportation and distribution, using data to improve efficiency and reduce costs.
Economist (Entry-Level/Research Assistant): For those with an economics track, graduates can work as research assistants or analysts in economic consulting firms, government agencies, or research institutions. They apply economic theories and quantitative methods to analyze economic trends, forecast market behavior, and evaluate policy impacts.
Graduate Student (MBA, Master's in Analytics, Finance, or Economics): The rigorous quantitative foundation and practical experience make this degree an excellent springboard for pursuing advanced degrees. Graduates often enroll in MBA programs, or specialized master's programs in Business Analytics, Finance, Economics, or Statistics to further specialize and advance their careers.
