Business Economics is a specialized area of economics that uses economic and quantitative analysis to make strategic business, financial, and management decisions. Business economists study the allocation of scarce resources, and the resulting forces that shape our business, economy and society both locally and globally.
What careers can this major prepare you for?
An undergraduate degree in business economics can lead to many career opportunities in the public sector, financial institutions, marketing institutions, investment institutions, consulting firms, market research organizations, mergers and acquisitions departments, insurance companies, and international organizations. Business economics can serve as good preparation for graduate programs in economics, law, public administration, international affairs, management science, or business. Students should clearly define their goals and seek experiences and skills necessary to reach those goals. Samples of jobs held by CSU graduate with a finance degree include: financial analyst, economic forecaster, internal auditor, benefits analyst, claims examiner for the Social Security Administration, portfolio administrator, business analyst, bank manager, market research specialist, investment analyst, director of Finance.
What skills are developed within this major?
Skills developed within this major include: data acquisition and analysis techniques; critical thinking; report writing; competency with relevant software; communication; professionalism and ethics; and the ability to identify economic trends.