Quantitativeeconomics prepares you to analyze economic issues, explore theories, and predict future conditions using statistical procedures and mathematical models. The major incorporates a balance of economic theory, mathematical tools, and field applications, while emphasizing the development of analytical skills.
Every Quantitative Economics major completes a quantitative capstone experience in which they explore an issue more deeply, gaining research and analysis experience. Students can present their research at the annual Student Symposium in the spring.
The Economics & Business Department offers several rewarding internships, including opportunities with the Federal Reserve in Washington, D.C. Economics students frequently participate in internships from coast to coast.
Ten to 15 students are accepted each year into the Economics Management Fellows Program. They receive a book scholarship, special advising and class placement, and a four-day trip to New York, where they visit the New York Federal Reserve and the New York Stock Exchange.
Ohio Wesleyan's 10-week Summer Science Research Program offers students the opportunity to carry out original research side by side with faculty mentors. Students and faculty are fully engaged partners in research projects. Students present their research at a forum in the fall.
Corns Business and Entrepreneurial Scholars take courses designed to develop business and entrepreneurial skills, complete internships, interact with business leaders, compete in business plan competitions, and receive $5,000 scholarships in their junior and senior years.
After graduating, Liz was hired as an analyst at JP Morgan Chase in Columbus, Ohio. While at OWU, she participated in a Travel-Learning Course to Mexico, had an internship with the Woltemade Center, and launched her own candy company.
The unique combination of a background in economics and mathematics prepares you for careers such as financial analyst, economic forecaster, investment banker, benefits analyst, and other jobs requiring experts skilled in interpreting, analyzing, and presenting data.
OWU Economics graduates are leading successful corporations around the world - alumni such as Peter Eastwood '91, President and CEO of Berkshire Hathaway Specialty Insurance in Boston, and Tracie Winbigler, Chief Financial Officer of REI in Seattle.
Forbes magazine ranks Ohio Wesleyan University at No. 17 among "America's Most Entrepreneurial Colleges 2015" and No. 1 in Ohio on its list of schools graduating high numbers of business founders and owners.
The Journal of Quantitative Economics focuses on promoting research in econometrics and mathematical economics.Unique in its focus on developing economy context and rigorous methods of analysis.Covers economic theory and econometrics, welcoming all sub-fields of economics.Promotes the quantitative approachtheoretical and empiricalto economic problems.Apart from full length original articles and short papers, it publishes invited papers with topical Policy Perspectives.Established in 1983 as the official journal of The Indian Econometric Society.
We are pleased to announce a call for papers for a cross-journal collection on Development in support of the Sustainable Development Goal for Decent Work and Economic Growth (SDG 8).
All participating journals as well as already published papers can be found on the collections landing page here.
We are pleased to announce a call for papers for a cross-journal collection on sustainable economic growth and its connection to SDG 8, which calls for sustained, inclusive and sustainable economic growth, full and productive employment, and decent work for all.
The Department strongly urges students to consider the major in Quantitative Economics, which best prepares them for careers in business and finance, for law school, for M.B.A. programs, and for graduate studies in the social sciences.
Transfer Student Applicants: Transfer applicants with the highest grades overall who satisfactorily complete course prerequisites will be given preference for admission. All applicants must complete one course in microeconomics, one course in macroeconomics, and two semesters/two quarters of approved first-year calculus. Applicants interested in the major of Quantitative Economics must also complete one quarter/one semester of approved linear algebra.
Change of Major: Information about change-of-major requirements, procedures, and policies is available in the School of Social Sciences Undergraduate Student Affairs Office and at the UCI Change of Major Criteria website.
The Department strongly urges students to consider the major in Quantitative Economics, which best prepares them for careers in business and finance, for law school, for M.B.A. programs, and for graduate studies in the social sciences. University and School requirements must be met and must include 19 courses as specified below.
Undergraduates in any of the three Economics majors may complete the Honors Program in Economics. Entry into the program requires a 3.4 GPA or better in upper-division Economics courses and an overall GPA of 3.2 or better. Undergraduates hoping to enter the program must apply no later than the spring quarter of their junior year. Students in the Honors Program must complete an honors thesis and the two-quarter Economics Honors Colloquium (ECON H190A-ECON 190BW; satisfies the upper-division writing requirement).
The department offers two majors in Economics: BA/BS in Quantitative Economics and a BA in Economics. Both majors carry STEM certification and include courses in mathematics, principles of economics, intermediate microeconomic theory, intermediate macroeconomic theory, and statistics. However, the BA/BS in Quantitative Economics follows a more mathematical approach to the study of economics and provides the background recommended for those contemplating graduate study in economics or the more quantitative areas of business and finance.
Majors will learn to use fundamental economics concepts - such as scarcity, incentives, trade-offs, opportunity costs, comparative advantage, price system, efficient allocation of resources, market failures, government failures, and scope of fiscal, monetary, and regulatory policies. Through their course work, majors will apply economic theory to a range of economic issues across a variety of fields and economics sub-disciplines and will develop the ability to effectively communicate their analysis. In addition, select courses in the major show how the tools of multivariate calculus and linear algebra can be used to study economic issues and to derive results in economic theory and econometrics.
The Master of Science in Quantitative Economics (MSQE) is an extremely flexible, STEM-designated degree with which graduates find employment in all sectors of the economy. A number of graduates have gone on to doctorate programs in Economics and other disciplines. The department is large enough to offer a wide selection of courses but small enough to provide individual attention. The department has alumni from over 70 countries, providing an excellent opportunity to gain exposure to other cultures.
We offer a limited number of graduate assistantships, which are awarded on a competitive basis. The awards range from two-thirds time (requiring 13 hours of work per week) to full-time (requiring 20 hours of work per week). Both awards carry full tuition waivers for multiple semesters and a summer term, as well as a stipend for two semesters, contingent on maintaining a 3.0 GPA and satisfactory academic progress. Students work for the School of AFED as well as assisting faculty with courses. Limited research assistantships may also be available.
Assistantship recipients must satisfy all of the admissions prerequisites without any deficiencies. To be eligible for an assistantship, entering graduate students must have a cumulative undergraduate GPA of at least 3.0 and remain in good academic standing. A GRE score is required for those not coming from AACSB-accredited institutions.
Applicants must first meet the general admission requirements of the School of Graduate Studies. An undergraduate degree in Economics is NOT required for admission to the MSQE, but some courses in economics are recommended. Majors in Mathematics and Statistics have done particularly well; students with a variety of undergraduate majors have also been successful and have become some of our most notable and supportive alumni. The GRE is not required for regular admission, but the following prerequisites are:
If you have not completed the prerequisites, you may be eligible for conditional admission. Any remaining prerequisites can be taken during your first semester. Some courses, such as ECON 408, STAT 171, DS303, or ECON 381, may be required as deficiency courses on admission.
All students, regardless of exit option, are also required to complete two semesters of Department seminar (ECON 602, 0 s.h.) and complete the exit examination in their final semester (ECON 603, 0 s.h.).
Thank you for your interest in the Economics and Decision Sciences Graduate Programs at Western Illinois University. Our programs are well-suited to students who are looking to enhance their career potential in economics and related fields as well as to students who are thinking about going on for a Ph.D. in economics. Our unique system allows you to select a course of study that fits your goals while the core courses ensure that you are trained in the fundamentals of graduate-level economics.
Students without a strong undergraduate background in economics are often required to complete intermediate-level undergraduate courses before enrolling in the graduate core. At least a year of calculus is expected, though all students, regardless of their level of math preparation, are placed in our mathematical techniques course during their first semester.
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