Have you ever wondered how business really works? Not necessarily how the transactions take place but the real nuts and bolts behind business theories and practices. Economics is the study of how resources are utilized by businesses and how different decisions impact business models. If you love to learn and have a knack for business models than an economics MBA may be a graduate degree worth pursuing.
While an economics MBA program will vary depending on the school you attend, most universities use a combination of business analysis and real world application ton teach students the foundation of economic theories. Masters of business administration in economics will include in-depth courses on a variety of topics, including:
- Advanced Statistics
- Advanced Calculus
- Quantitative Analysis
Depending on the MBA program you choose, you may be required to write a Master's thesis. This course of study will give students a firm understanding of economic theory and practices which will make them a valuable resource in the business world.
Upon completion of the economics MBA program will have the ability to work in a variety of industries and these industries are not limited to the business world. Today, many industries, including educational institutions, telecommunications companies and many others are looking to economists to apply there skills in economics analysis and problem solving.
- Marketing Analyst - This business professional works with companies to determine how they can better use their marketing budgets to achieve better results for the company.
- Financial Planning - Financial planners work with businesses and individuals to better prepare for their future and make the most of the assets they have at their disposal.
- Economic Analyst - This individual analyzes the economic health of companies and offers advice on how to improve their economic standing.
- Commercial Credit Analyst - As a commercial credit analyst you will be responsible for analyzing the financial health of current or potential companies to determine if they qualify for credit.
What Schools offer Economics MBA programs?
While an MBA degree in economics requires hours of study several online schools offer comprehensive Masters of Business Administration programs. Unlike traditional universities, however, our quality online schools offer MBA programs that are tailored to fit your busy schedule. Before enrolling in an economics MBA program, however, be sure to click on the link to the school and research the institution to ensure they meet your requirements.