Business economics is a field for students interested in receiving specialized training in economic theory and analysis in business decision making.

Business economics includes the understanding of the global economy and its connection to organizations, individuals and society. A deep understanding of mathematics, finance and business communication is what will be required for a wide selection of career options related to business economics. Whether you are pursuing a career in banking or looking to earn a graduate degree and pursue a career as an economist, we have schools to help you achieve your career and education goals.

Education Information

Bachelor’s and master’s degrees in business economics are available through business, management, economics and applied economics programs. A master’s degree in business economics will give you an advantage to be able to pursue many mid-level and executive-level careers in banks, investment firms, government agencies, private corporations and other organizations over candidates who have only bachelor’s degree.

For those interested in pursuing a career in university teaching, a doctorate degree may be required. Regardless of degree level, business economics program coursework typically covers advanced mathematics, report analysis, research methodology, microeconomics and macroeconomics. These are just a few of the degree programs offered in this field:

  • Degrees in Economics: Programs By Degree Level
  • Applied Economics Degree Programs

Online

Online degree programs for business economics are offered at undergraduate and graduate levels. Aspiring financial analysts and economists can also complete hybrid programs in which they take some courses online and others on campus. Here are a few of the programs offered online:

  • Online Degree Programs in Economics, Including Business Economics
  • Online Graduate Degrees in Economics

Career Options

Business economists can work for investment firms and government agencies or major corporations by gathering and analyzing critical information that these organizations can use to react to fluctuating markets and business cycles. Below are a few examples of careers that you can pursue with a degree in business economics:

  • Economist
  • Applied Economics Career Options
  • Market Risk Analyst
  • Bank Financial Advisor
  • Job Options with a Bachelor’s Degree in Economics

Employment Outlook and Salary Information

The U.S. Bureau of Labor Statistics (BLS) predicted the demand for economists would increase 6 percent during the decade of 2016-2026, which is below average. In May 2018, the BLS reported that the median annual salary for all levels of economists was $104,340. As in many other professions, salaries for professionals in economics are often based on level of education and experience.

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