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Bachelor of Science in Economics - Business Economics

Today, organizations of all sizes and types have to be nimble, adapting to our changing economic circumstances. The economics degree with a concentration in business economics at the University of St. Thomas develops your analytical and critical thinking abilities and prepares you for success in the business world.

Why Study Economics at St. Thomas?

Our program will prepare you for success in a variety of careers by fostering your knowledge of economic theory and developing your analytical, quantitative and problem-solving skills throughout your undergraduate career. We are the largest economics program of any private university in Minnesota. You will benefit by having access to faculty and courses focusing on topics including business, international studies, public policy and data analytics. Our well-trained graduates find positions with business consulting firms, government regulatory agencies and a variety of large and small businesses including Target and Best Buy.

Decisions, Decisions

  • Course Requirements
  • Four-Year Plan
  • Other Economics Degrees Awarded
  • Internships
  • Tutoring
  • Course Requirements

    The major coursework provides the necessary foundations in economic theory and analysis in addition to 12 credits of business courses including accounting. A course in mathematics and a course in statistics will develop your quantitative skills. You also have the opportunity to choose electives based on your personal interests. Additional economics courses explore topics like forecasting, industries and managerial decision-making.

    Four-Year Plan

    You start with courses in macro and microeconomics, the fundamental principles of economics. From there, you dig deeper while having the freedom to choose from courses based on your personal interests.

    Other Economics Degrees Awarded

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.

    Course Requirements

    Course Requirements

    The major coursework provides the necessary foundations in economic theory and analysis in addition to 12 credits of business courses including accounting. A course in mathematics and a course in statistics will develop your quantitative skills. You also have the opportunity to choose electives based on your personal interests. Additional economics courses explore topics like forecasting, industries and managerial decision-making.

    Four-Year Plan

    Four-Year Plan

    You start with courses in macro and microeconomics, the fundamental principles of economics. From there, you dig deeper while having the freedom to choose from courses based on your personal interests.

    Internships

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    Tutoring

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.
    Business people work on a project by two laptop computers.

    Career Paths

    We give you the tools to analyze complex situations and make informed decisions, whether that be in the workplace or graduate school. Here are a few paths our alumni pursued after they graduated from St. Thomas.

    • Data Scientist, 3M
    • Vendor Manager, Amazon
    • Pricing Strategy Analyst, Medtronic
    • Demand Forecast Analyst, Best Buy
    • National Bank Examiner, Office of the Comptroller of the Currency
    • MBA (e.g. University of Chicago, Northwestern University, University of Michigan)

    Scholarships

    David A. Renelt Award

    The David A. Renelt Award honors one outstanding rising senior economics major who best exemplifies the traits of growing intellectual curiosity, high ethical principles, enduring spiritual devotion and endearing congeniality.

    Economics Young Scholars

    We solicit proposals from students pursuing undergraduate economics research projects and provide generous financial support. In addition, we offer limited financial assistance to students applying for graduate study in economics to help cover some of the costs of GRE fees, application fees and campus visit expenses.

    MinneAnalytics Scholarship

    This annual scholarship sponsored by MinneAnalytics is awarded to an undergrad student who display a passion for pursuing a career in analytics and a commitment to engaging with the community.

    Flexible. Growing. Opportunity is Calling.

    15

    We have 15 dedicated faculty with a wide variety of expertise and strong interest in working with students.

    $109K

    According to the the median annual salary earned by economists in 2020 was approximately $109,000.

    Top 10

    Economics is one of the best college majors according to .

    Get Involved

    Research, student-run clubs and conferences—the possibilities are endless for getting involved at the university and beyond.

    The Economics Club facilitates economic exploration outside of the classroom. Activities include professionals presenting on how they use economics in their careers, and faculty discussing current economic events like tax reform.

    We support students as they pursue research. There is financial assistance for engaging in research and presenting results at conferences. Faculty include students in their projects as research assistants or collaborators.

    Our faculty are active researchers focusing on a variety of fields. They win government grants, are featured in the New York Times, publish in leading journals and present at global conferences.

    Economics students

    Practical Experiences

    Economics students at St. Thomas have access to a diverse array of opportunities inside and outside of the classroom through research, competitions, dedicated faculty and more. Students use their skills and knowledge to make an impact in their communities every day.

    Take the Next Step​

    best-value-logo-2022-transparent.pngThere is more to learn about St. Thomas; including our ranking as a Best Value School by U.S. News & World Report, the many classroom and extracurricular activities that will be part of your student experience and so much more. Schedule a visit to see our beautiful campus or start your application today.