Why and how?
Introduction
The best way to pursue a career in economics, econometrics or a related field, is to achieve a degree in BSc, BA or BBA in Economics. So here is some relevant information to help you prepare for your University application!
Requirements to enter Economics Undergraduate studies*:
- High scores in economics or a related subject, such as statistics, maths, or business studies
- Five GCSEs (A-C), plus three A levels (or equivalent), including maths or economics
- 77% of those offering BSc degrees and 58% overall require A or AS levels in Maths (from A to C)
- Level of English or the language of the program B2 or C1
- IB diploma score 34-38
- CGPA 3.0 and GPA 3.2 for two last years
*Depending on the ranking and level of the University, requirements will vary
Most popular specializations and courses:
- Development Economics
- Organizational behaviour
- Labour Economics
- Science Economics
- Urban economics
- Information economics
- Others might include – Educational economics, Growth Economics, Experimental Economics, regulation Economics, History of Economics, Economics of Tax policy, Game theory, Applied Economics etc.
Degrees:
- BSC(Bachelor of Sciences) Economics
BSc takes a more technical approach to the subject with a greater mathematical and statistical focus, therefore students study those at an advanced level.
Moreover, BSc Economics has some additional subjects and practical sessions as compared to BA Economics. A Bachelor of Science in Economics gives students the necessary knowledge in math, business and economics to work as financial analysts, economists or market research analysts.
- BA(Bachelor of Arts) Economics
BA in economics develops a broader set of skills than BSc, however, students study the subjects of mathematics and statistics at the basic and medium level. BA Economics is designed to suit those interested in focusing on the application of theory and the factors which influence key decisions and policy making. BA is also the more traditional preparation for graduate school.
- BBA(Bachelor of Business Administration)
BBA is the alternative option to the standard BA. In general, the degree covers a more practical curriculum and is ideally suited for students looking to enter the workforce immediately after completing undergraduate work or move on to graduate work in Business.
Top 5 universities in Economics and Econometrics in 2020 are:
- 1. Harvard University (Massachusetts, USA)
- 2. Massachusetts University of Technology (Massachusetts, USA)
- 3. Stanford University (California, USA)
- 4. UCB – University of California, Berkeley (California, USA)
- 5. The London School of Economics and Political Science (London, UK)
A further list of top economics universities in the world:
IN Comments: Next month we will expand on Universities and the application processes in more detail for each region: USA, UK, EU, Asia and Australia. Please comment which region you would like to hear about first!
