Your Business Economics major can open the door to a wide variety of careers—in government, education or business. Meet Your Advisor Tucson, AZ 85721-0108, Undergraduate Programs Team It does not replicate the traditional undergraduate business school curriculum. Explore business and managerial economics studies and whether it's the right major for you. And if you plan on … Get to know yours. First of all, an economics major is likely to be more versatile and to leave you with a wider array of options than a business major will. Graduates with this degree research, analyze, plan and lead across a variety of industries. Students wanting to major in Business Economics must apply for admission to the major. Learn how to find schools and universities with strong programs for this major. Students can meet the Second Language requirement by demonstrating second semester proficiency through examination or taking any of a variety of second semester language courses. An economics major is a degree option that examines questions related to resource allocation, incentives and wealth, among others. One course may be repeated one time in the next term of enrollment to meet these requirements. © University of Central Florida. View Business Economics Career Possibilities. The Business Economics major for the Bachelor of Science in Business Administration is designed for students who wish to receive specialized training in Economics along with core skills in business administration. How your Eller Business Economics experience can play out: This sample plan is based on 15-16 credits per semester, but you’ll also have to plan for your second language requirement and at least one class focused on gender, race, ethnicity or non-Western area studies. Minor, Electives, or remaining General Education requirements, Attend Career Showcase and UA Spring Career Days, and Graduation in May. A student who is dismissed may seek consideration for re-admittance into the College or major by submitting a letter indicating the reasons for academic difficulties and positive plans for achieving the required GPA. We also strongly recommend meeting with your academic advisor to create a plan specifically for you. * Students will take BCOM 314R at one but not both times. View Business Economics major cohort schedules by semester: * Students will take BCOM 314R at one but not both times. Orlando, Florida, 32816 | 407.823.2000 Economics majors, on the other hand, can find positions with the government, in all areas of … Both majors will prepare you for careers including but not limited to consulting, banking, research, analytics, insurance, criminal justice, labor, energy, and health, as well as graduate school, including law school and further study in Economics (Masters or PhD). On the surface, the subjects of economics and business are fairly similar–they both involve the exchange of goods and services. ** All first semester Business Economics students will be required to take a FIN 360 Lab that will be held on Wednesdays at 9 a.m., 10 a.m., 2 p.m., or 3 p.m. ** All third semester Business Economics students will be required to take a ENTR 485 that will be held one day a week either Tuesday, Wednesday or Thursday at 8 a.m. or 3:30 p.m. for a 2 and 1/2 hour period. You can think of this degree as learning about business and economics, consequently a minor is not required. Failure to maintain the required GPAs will result in the student being placed on Lack of Progress in the major and/or College. Admissions into the Business Economics major requires participating in the highly competitive Eller College Professional Admissions process and taking the same core classes as the other business majors. They apply economic theory to endeavors such as banking, finance, manufacturing, education, law, international trade, labor, insurance, agriculture, health, criminal justice, energy, natural resources, and telecommunications. This degree also provides a strong foundation for future graduate studies in business, economics, law and public administration. Economics involves more mathematics than business does: things vary from school to school, but business majors can often get away with taking some sort of "math for dummies" course, whereas econ majors usually have to take a year or two of calculus, as well as some statistics, and possibly econometrics (which is basically the use of math and statistics in economics). Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts. In this role, you’d use your data analysis powers to help companies make critical decisions, guiding them on how they can improve products, services, processes, and more. Economics is relevant to … Hours may be re-assessed as we move through the campus re-opening phases, Eller Minors, Certificates and Emphasis Areas, Minors and Certificates for Non-business Students. This course must be completed prior to graduation; it does not need to be completed before applying for Professional Admission. Students in the Economics major must maintain a 2.0 or higher cumulative Grade Point Average in all major courses taken at UCF and a 2.0 or higher cumulative GPA in all College of Business courses taken at UCF. Tier II General Education However, this means that students will have to decide what they want to narrow their focus to early-on in their academic career. To be admitted to the BA Economics major, students go through the BA Economics Advanced Standing process. Please consult with your Advisement Report and your academic advisor. Explore business and managerial economics studies and whether it's the right major for you. Instead, it offers a more tightly focused curriculum that is guided by the rigorous logic and integrative perspective of economics.