SCHOOL OF BUSINESS STUDIES
PROGRAMS OFFERED
MBA (Economics)
A Master of Business Administration in Economics
will advance an economist’s career in business,
industry, and government. This can include positions
in economic analysis, business development, and
other executive-level roles. Independent management
consulting is another lucrative career for those
who graduate with an MBA in economics. Consultants
with an MBA in economics can make a lucrative
salary in a global economy, because they have
an advanced understanding of both business and
international money management.
Economic management is the application of economic
fundamentals to directly affect corporate strategy.
This means taking the money management basics
learned at the undergraduate level and applying
them directly to real world situations in global
business environments.
Economists with an MBA are often times hired
as consultants or advisors because they can
provide additional strategic analysis and leadership
for business, industry, and the government in
addition to what financial or managerial leaders
can. In a real life situation, an economist
with an MBA can take break down the economic
issues related to a particular business situation
and advise an organization of the outcome of
the situation, depending on the steps they decide
to take in different financial climates.
Earning an MBA in economics will give you the
opportunity to learn how the financial world
works and how it applies to many different actual
business circumstances. In order to do this,
you will go beyond the economics you learned
as an undergraduate and study international
economics and development, quantitative economics
and forecasting, economic analysis and policy,
industrial organization and labor economics,
and public sector and urban economics. You will
also be taking core MBA classes that will give
you a foundation for understanding the business
knowledge acquired while earning a traditional
MBA.
In an MBA economics degree program, you will
take a combination of business and economics
classes. Advanced economics classes will include
Econometrics - Theory and Applications, International
Economics, Microeconomics for Managers, Macroeconomics
for Managers, Financial Decision Making, and
Applied Statistical Analysis for Business Decisions.
Business classes will include Business Management,
Human Capital Management, Business Law, Organizational
Leadership, Business Research and Statistics,
Corporate Finance, Marketing Management, Strategic
Planning and Implementation, Managerial Accounting,
Introduction to Operations Management, Information
Systems for Managers, Business Policy, and Behavioral
Approaches to Management. You may also be required
to complete an internship and write a research
paper as one of your electives.
Career Opportunities for Economists
with an MBA
An economist with an MBA can find executive-level
positions in any industry. Economists can become
the Chief Financial Officer of organizations
in manufacturing, banking, finance, retail,
entertainment, and insurance. Unlike a graduate
with a master’s degree in economics, an
economist with an MBA can also become the Chief
Executive Officer of a company as well. Business
development is especially suited to an economist
who understands money management as well as
the business process and can work as an advisor
to the government in the area of domestic or
overseas economic growth. An economist with
an MBA can also head a foundation in the non-profit
sector.
As well, an economist with a Master of Business
Administration can teach at the college level
and go on to get their doctorate in either economics
or business.
Eligibility: Bachelor Degree
from accredited University or equivalent and
pass Test of English
Duration: 2 years
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