Education

Best Business Economics Degree Programs of 2022

Learn more about the top Business Economics programs, what to expect, job prospects, and how to choose the program that’s right for you.

Business economics is the study of how businesses use resources to produce goods and services. Business economics degrees can prepare students for a variety of careers in business, including management, marketing, and finance.

Business economics degrees offer a broad overview of business, covering topics such as accounting, finance, marketing, and human resources. Students in business economics degree programs learn about the different aspects of running a business, and how to manage and motivate employees. They also learn about the legal and regulatory environment in which businesses operate.

How to Choose the Right Business Economics Program

When it comes to choosing the right business economics bachelor’s degree program, there are many factors to consider. The cost of the program, the location of the school, the length of the program, and the curriculum are all important factors to keep in mind.

The cost of the program is an important factor to consider. Business economics programs can vary in cost, depending on the school you choose to attend. It is important to research the cost of tuition, fees, and other associated expenses before making a decision.

Location is also an important factor to consider. The location of the school can impact the ability to gain internships and network for jobs after graduation. If you are interested in working in a specific city or region after graduation, it may be beneficial to choose a school that is located in that area.

The length of the program is another important factor to consider. Most business economics programs take four years to complete, but there are some programs that offer accelerated tracks or allow for credit transfer. If you are interested in completing your degree in a shorter amount of time, it is important to research the different options available.

Finally, the curriculum is an important factor to consider. Business economics programs typically offer a mix of coursework in economics, business, and mathematics. It is important to make sure that the program you choose offers the courses you are interested in taking. You should also research the graduation requirements to make sure you are prepared to complete the program in the time frame you are interested in.

Best Bachelor’s in Business Economics Programs

The best programs for Business Economics ranking is based on key statistics and student reviews using data from the U.S. Department of Education. Some of the metrics influencing how the rankings are determined include graduation rate, average salary for graduates, accreditation, retention rate, and cost.

Rank 1
North Central College
Naperville, IL

The Bachelor of Business Administration in Business Economics from North Central College provides a strong foundation in economic theory, as well as exposure to all aspects of business including accounting, finance, management, and marketing. Students in the program have the opportunity to intern with businesses, join student organizations, and visit the nearby Chicago Board of Trade, Chicago Board Options Exchange, and Federal Reserve. The program also offers the chance to earn a Bloomberg Terminal certification.

Rank 2
Lehigh University
Bethlehem, PA

The Bachelor of Science in Business and Economics from Lehigh University is a well-rounded degree program that provides students with a solid business foundation, the opportunity to specialize in one or more areas of business, and courses outside of business. The program is designed to prepare students for success in a variety of business-related fields, and offers a number of minors and dual degree options.

Rank 3
Suffolk University
Boston, MA

The Bachelor of Science in Business Economics degree from Suffolk University is designed to prepare students for careers in fields such as banking, insurance, management, and government. The program provides students with the critical thinking, quantitative reasoning, and communication skills that employers value. Students also have the opportunity to earn a Master’s degree in five years through the Accelerated program.

Rank 4
SUNY Oneonta
Oneonta, NY

The Bachelor of Science in Business Economics degree from SUNY Oneonta provides students with a solid foundation for successful careers in business and other organizations. The degree emphasizes the management of organizations, supported by knowledge of the general business disciplines of accounting, finance, law and marketing. Students have the option of pursuing concentrations in finance, international business, marketing and non-CPA accounting. The degree also provides opportunities to develop and demonstrate business-related skills through internship experiences, professionally relevant extracurricular activities, and study abroad programs.

Rank 5
The University of West Florida
Pensacola, FL

The Bachelor of Science in Business Economics degree from The University of West Florida focuses on economics as it applies to business and government organizations. The program provides students with a comprehensive view of the area of economics in business, and trains them to apply a set of analytical tools to understand the interrelations between the economy and the business environment under different market conditions. The program offers two specializations: global economics and comprehensive economics. Students in the program will actively participate in small projects, such as data analysis and forecasting, gaining hands-on experience in managerial decision-making.

Rank 6
University of Central Florida
Orlando, FL

The Bachelor of Science in Business Economics from University of Central Florida provides students with specialized training in economics along with core skills in business administration. The program is flexible, allowing students to select from a variety of courses to customize their education program to their personal interests and career goals.

The Business Economics major provides students with the skills and training for careers in business and industry, law, government, politics, teaching, research and a variety of other areas.

Rank 7
University of Cincinnati
Cincinnati, OH

The Bachelor of Business Administration in Business Economics degree from University of Cincinnati is a great choice for students looking for a well-rounded education in business and economics. The program includes general education requirements as well as basic courses in all business disciplines, economics and career exploration and development. The curriculum is designed to give students a strong foundation in the principles of economics and business, preparing them for a wide range of career possibilities. The program also includes a number of unique features, such as the Kautz-Uible Fund, which provides fellowships to economics and business economics majors, and the Undergraduate Economics Society, which organizes trips and events for students.

Rank 8
Utica College
Utica, NY

The Bachelor of Science in Business Economics degree from Utica College provides students with the ability to apply the general concepts of economics to help solve management problems. The major is centered around a thorough understanding of economics and is supplemented by courses in accounting, finance, and management. Managerial economics, research methods in economics, and an internship provide the link between economic theory and business application.

Rank 9
Saint Cloud State University
Saint Cloud, MN

The Bachelor of Arts in Business Economics degree from Saint Cloud State University is designed to provide students with a strong foundation in economic principles and their application to real-world business scenarios. The program emphasizes practical problem-solving skills and features internships with local businesses and organizations.

Rank 10
The City University of New York
New York, NY

The Bachelor of Science in Financial Economics at CUNY is a 100% online degree program that prepares students for a career in finance. The program provides students with a strong understanding of financial theory and the tools needed to conduct theoretical and applied research. Additionally, students will learn how to manage financial risk and understand financial instruments.

What to Expect From a Bachelor’s in Business Economics Program

Students in a bachelor’s in business economics program learn about the relationships between businesses, consumers, and government organizations. The coursework emphasizes the use of data and analytics to make informed decisions. Students also learn to apply economic theories to real-world business scenarios.

Most programs require students to complete about 120 credits, which takes full-time students four years to finish. In addition to core coursework, many programs offer concentration options, such as finance, marketing, or accounting. Some programs also require students to complete an internship or capstone project.

Prospective students should have strong math skills and be able to think critically. They should also be able to effectively communicate their ideas. Business economics programs often attract students who are interested in pursuing a career in business, finance, or consulting.

Common Business Economics Courses

The courses taken for a business economics degree will depend on the school and program. However, there are some common courses that are frequently taught in business economics programs. The following is a list of five such courses.

Economic Principles

This course covers the basic principles of economics including supply and demand, the market system, and the role of government in the economy. Topics include an overview of microeconomic and macroeconomic concepts, an introduction to economic reasoning, an examination of the allocation of resources in a market economy, and an evaluation of the impact of government on the economy. Upon completion, students should be able to apply economic concepts and reasoning to analyze current economic issues and make sound economic decisions.

Statistical Analysis

This course covers the application of statistical analysis to business decision making. Topics include basic statistical concepts, probability theory, random variables, estimation, hypothesis testing, regression analysis, and time series analysis. Emphasis is placed on the use of statistical analysis software to perform data analysis and interpretation. Upon completion, students should be able to apply statistical methods to real-world business problems and make sound business decisions based on data.

Corporate Finance

This course covers the financial decision-making process within the firm. Emphasis is placed on the analysis of financial statements, short-term and long-term financial planning, capital budgeting, working capital management, and the cost of capital. Upon completion, students should be able to apply the financial concepts learned to make sound financial decisions for the firm.

Macroeconomics

This course covers economic principles at the aggregate level with an emphasis on national income determination, inflation, unemployment, and economic growth. Theories and policies related to these topics are analyzed. The role of money and financial institutions in the economy is also examined. Upon completion, students should be able to demonstrate an understanding of how the economy as a whole works, how economic aggregates are measured, and how government policies can affect economic outcomes.

Data Analysis

This course covers the basic concepts of data analysis including data collection, organization, and presentation. Students will learn how to use statistical methods to describe data and make inferences about population parameters. In addition, students will learn how to use Excel to perform various data analysis tasks. Upon completion, students should be able to collect, organize, and present data using various statistical methods, and use Excel to perform various data analysis tasks.

Career Options for Business Economics Graduates

Graduates of business economics programs work in a variety of industries, including finance, accounting, and business. They may also work in fields such as marketing, sales, and management.

Investment Banker

Investment bankers work in the securities industry. They help companies and governments raise money by issuing and selling securities. Investment bankers typically work for investment banks, large commercial banks, or large securities firms. They work with clients to identify their needs, and then they help the clients raise the money by issuing and selling securities. Investment bankers typically work long hours, and they often work on weekends.

Real Estate Appraiser

Real estate appraisers visit properties and estimate the market value for a particular piece of real estate. The job is important because market value is used to determine things like mortgage rates, taxes, and insurance rates. Appraisers typically specialize in either residential or commercial properties, but some appraisers are able to do both. Residential appraisers typically work for banks, mortgage companies, and real estate agents, while commercial appraisers typically work for banks, investors, and real estate developers.

Business Analyst

Business analysts are responsible for bridging the gap between IT and the business side of an organization. They collect and analyze data related to business processes and systems, and then use that information to recommend solutions that can improve the efficiency and effectiveness of those processes and systems. Business analysts typically work in corporate environments, but they can also be found in government agencies and nonprofits. They often work on project teams and have a wide variety of responsibilities, from conducting user research to writing requirements documents to testing software to training users on new systems.

Financial Analyst

Financial analysts provide insights into investments and other financial decisions. They may work in the securities industry, for a consulting firm, or within a company’s finance department. Financial analysts typically have a bachelor’s degree in a business- or finance-related field. Their work generally falls into two categories: investment analysis and corporate finance. Investment analysis involves researching stocks, bonds, and other securities to provide recommendations to clients or employers. Corporate finance analysts develop financial models to help their company make decisions about things like investments, capital budgeting, and mergers and acquisitions.

Underwriter

Underwriters are insurance professionals who assess risk and determine whether or not to provide coverage, and if so, how much coverage to provide and at what cost. They review applications for insurance coverage, analyze applicants’ backgrounds, and make decisions about whether or not to provide coverage and how much to charge. Underwriters typically work for insurance companies, but they can also work for other organizations that need to manage risk, such as banks.

Insights From a Business Economics Graduate

Cruz Drake is a Business Economist at the Federal Reserve Bank of New York. He has a bachelor’s degree in business economics from the University of California, Santa Cruz. Cruz has over 10 years of experience in economic research and policy analysis.

ClimbtheLadder: What were the biggest takeaway(s) you got from your Business Economics program that you may not have gotten otherwise?

Cruz Drake: The biggest takeaway I got from my Business Economics program was the ability to think critically about economic issues and to communicate my ideas clearly and concisely. I also gained a better understanding of how the economy works and how policy decisions can impact economic outcomes.

ClimbtheLadder: What are the most rewarding aspects of your career? What are the most challenging aspects of your career?

Cruz Drake: The most rewarding aspect of my career is the ability to help shape policy that can have a real impact on people’s lives. The most challenging aspect of my career is trying to communicate the complexities of economic policy in a way that is understandable to the general public.

ClimbtheLadder: What misconception(s) do people have about a Business Economics degree, and what would you tell them?

Cruz Drake: I think the biggest misconception is that a business economics degree is only useful for people who want to work in business or economics. In reality, a business economics degree provides a great foundation for people who want to pursue a wide range of career paths.

For example, my degree has been helpful in my current role as a business economist at the Federal Reserve Bank of New York. In this role, I conduct economic research and provide policy analysis. My degree has also been helpful in my previous roles as an economic consultant and a financial analyst.

So, if you’re considering a business economics degree, don’t let the misconceptions hold you back. A business economics degree can be a great foundation for a variety of different career paths.

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