BS Business Economics
New York, USA
DURATION
4 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
15 Dec 2024
EARLIEST START DATE
Sep 2025
TUITION FEES
USD 51,382 / per year *
STUDY FORMAT
On-Campus
* additional fees may apply
Introduction
Get a degree that responds to today’s ever-changing marketplace. By combining economic theory with practical business knowledge, Pace’s BS in Business Economics will prepare you for the ever-changing nature of the global economy. Learn the skills you need to succeed in the career of your choice with the help of accomplished faculty and internships/research assistantships in one of the world’s most prominent economics hubs.
Learn From the Best
- This program entails required business courses such as accounting, finance, marketing, and business law; consult the curriculum for details.
- Faculty are accomplished scholars and you have the potential to collaborate with them on research projects and present findings at national and regional conferences.
- For students who want to take their education to the next level, there is the option of joining the combined degree program. This is a joint degree, where you finish your undergraduate and master's degree in economics simultaneously.
Business economics is a growing field. According to Fortune Magazine, economics majors have a higher median salary than all other majors outside of engineering. Wages are expected to remain high, as employers have come to recognize the value of employees with analytical backgrounds and strong critical thinking skills. There are also expected to be ample job opportunities in the future, with employment predicted to grow 6 percent annually from 2021 to 2031.
Combined Degree Track
The Combined Degree allows you to replace up to 12 undergraduate elective credits with graduate-level courses. This means you can finish almost half of the master's degree requirements by the time you complete your undergraduate coursework, leaving only 18 additional credits to complete a combined BA/MS or BS/MS degree.
International Studies Track
The International Studies Track offers you a rare, first-hand opportunity to learn about the current political, social, and economic dynamics that are impacting international economies. As part of the track, students have an opportunity to take a short-term faculty-led study abroad course in Brazil, Europe, or China. This experience will give you a unique and in-depth understanding of the challenges and opportunities that exist abroad, especially those about the business environment, financial markets and institutions, and economic development.
Public Policy Track
The objective of the Economic Policy Analysis and Public Economics track is to give you a solid background in policy development and prepare you for a career in government, politics, and public affairs at the public, private, and non-profit levels. You will learn to effectively create, analyze, evaluate, and quantify economic public policy, focusing on such policy areas as urban issues, healthcare, government, law, and the environment. Economic public policy analysis also prepares you to go on to graduate school for an MS in Applied Quantitative Economic Analysis and Policy, which is offered at Pace University.
Add Opportunities and Experiences
Federal Reserve Challenge: This team offers a unique chance for Economics and Business Economics majors to compete with other schools and test their knowledge of the US economy, monetary policy, and the role of the Federal Reserve System. Pace University’s team has developed a championship pedigree, winning the national competition five times in eight years.
Fiscal Challenge: This team allows students to compete with other schools and test their knowledge of fiscal policy, the US economy, and the role of the federal government in smoothing business cycles.
Economics Clubs: Join the Economics Society or Women in Economics to learn more about the discipline, get help with your coursework, connect with alumni, plan for your future, and meet new friends.
Brown Bag Seminar Series: Every month, two to three students, alumni, or invited speakers present their work-in-progress research. This allows students to see what other people are working on, workshop their research, and network with alumni and industry professionals.
Admissions
Scholarships and Funding
Pace University offers students as much financial assistance as possible. Financial Aid can come in many forms, including scholarships and grants, work-study, and student loans. Financial Aid award packages offered by Pace University typically consist of a combination of awards from these types of aid programs.
General Rules Covering All Financial Aid
- Any combination of tuition-specific Pace-funded scholarships, grants, or awards and New York State or other tuition-specific funding cannot exceed your actual tuition charges.
- All financial aid combined may not exceed your Cost of Attendance.
- You must be matriculated in a degree program at Pace University to receive any financial aid other than Alternative Loans. (Note that some certificate program students also qualify). Matriculated means that you are admitted to and enrolled in a degree or applicable certificate program.
- Generally, students must be enrolled at least half-time (6 credits per semester) to qualify for aid. Exceptions are Federal Pell Grants and Alternative Loans.
- To review basic eligibility criteria for Pace University, Federal, and New York State aid programs please visit our General Eligibility section.
Pace Scholarships and Resources
- Institutional Scholarships and Grants
- Federal Grants
- New York State Scholarships and Grants
- Third-Party Scholarship Resources
Curriculum
First Year
Fall
- ENG 110 Composition
- ECO 105 Principles of Economics: Macroeconomics
- MAT 103 Algebra
- CS 121 Introduction to Computer Science
- Take any one remaining Area of Knowledge course
Spring
- ECO 106 Principles of Economics: Microeconomics: 0-3
- ENG 120 Critical Writing: 4
- MAT 117 Elementary Statistics: 0-4
- Take any one remaining Area of Knowledge and Learning Community (LC) course: 3
- Take any one remaining Area of Knowledge and Learning Community (LC) course: 3
Second Year
Fall
- ECO 230 Intermediate Macroeconomics: 3
- ACC 203 Financial Accounting: 4
- One elective course in ECO: 3
- First Second Language Course. See Advisor for guidelines: 3
- Take any one remaining Area of Knowledge course
Spring
- ECO 240 Quantitative Analysis and Forecasting: 3-4
- ACC 204 Managerial Accounting: 4
- One elective course in subject ECO: 3
- Take any one remaining Area of Knowledge course: 3
- Second Language Course, if applicable: 3
Third Year
Fall
- COM 200 Public Speaking: 3
- FIN 260 Financial Management: 3
- ECO 380 Mathematical Economics: 3-4
- One elective course in ECO: 3
- Take any one remaining Area of Knowledge course: 3
Spring
- ECO 234 Intermediate Microeconomics: 3
- LAW 101 Business Law I: 3
- One elective course in ECO: 3
- Take any one remaining Area of Knowledge course: 3
- Lab science course: 3
Fourth Year
Fall
- ECO 400 Seminar in Economic Theory: 0-4
- MAR 201 Principles of Marketing: 3
- MGT 150 Managerial and Organizational Concepts: 3
- One elective course in Business: 3
- Open Elective Course: 3
Spring
- Take any one remaining Area of Knowledge course: 3
- Take any one remaining Area of Knowledge course: 3
- Take any one remaining Area of Knowledge course: 3
- Take any one remaining Area of Knowledge course: 3
- One elective course in Business: 3
Program Tuition Fee
Career Opportunities
Choose Your Career
You will be prepared for a career as an economist, financial manager, market research analyst, policy analyst, and much more.
Career Options
Some of our successful alumni are employed by the following organizations, and other major organizations around the world:
- Bank of America
- Blue Cross Blue Shield
- The Board of Governors of the Federal Reserve
- Credit Suisse
- Equitable Life Insurance
- Federal Reserve Bank of Dallas
- Federal Reserve Bank of NY
- Goldman Sachs
- JetBlue
- JPMorgan Chase
- Memorial Sloan-Kettering Medical Center
- Morgan Stanley
- Northwestern Mutual
- NYC Department of Corrections
- NYC Office of Management and Budget
- New York Police Department
- Pfizer Pharmaceuticals
- Societe Generale
- State Farm Insurance
- Thompson Reuters
- The United Nations
English Language Requirements
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