Business instructor pointing at a graph with a group of young professionals.

Bachelor of Science in
Business Economics

Program of Study

You can declare a major in business economics after you complete Principles of Economics I and II with grades of C or better. Contact your advisor at Academic Support Services or the Department of Economics.


Foundation Courses

  • Principles of Economics I: Microeconomics
  • Principles of Economics II: Macroeconomics
  • One of the following: Tools of Economics, Survey of Calculus, Calculus I, or Honors Calculus I


Economics Courses

  • Intermediate Microeconomics or Honors Intermediate Microeconomics
  • Intermediate Macroeconomics
  • Economic Statistics
  • Financial Economics
  • Industrial Organization
  • Two economics electives (300-level or higher)

Business Courses

  • Personal Finance
  • Financial Accounting
  • Information Technologies for Business
  • The Legal Environment of Business or Business Law
  • Three of the following:
    • Cost Accounting for Managerial Decisions
    • Financial Management
    • Law of Business Organizations
    • Marketing Principles
    • Behavioral Foundations Of Management
    • Improving Business Performance with Information Technologies


Supporting Electives

Choose three additional courses from the business elective options list and/or upper-level economics offerings. You may apply up to 6 transfer credits to this 9-credit requirement.

 

Applied Learning

Gain valuable work experience and develop professional skills before you graduate by completing an economics internship during your senior year.

This 150-hour practicum counts as a 3-credit economics elective, and requires you to complete related reading and writing assignments in addition to hands-on activities at the organization where you are placed.

Students have completed economics internships in areas such as financial services, real estate, human resources, and policy research. Internships have been located in businesses, nonprofit organizations, and government agencies including the NYS Energy Research and Development Authority and the Office of the State Comptroller.

Two women walking outside and talking, with pink spring flowers and greenery behind them.
appliedlearning
Businesswoman giving a presentation during a team meeting
Career Outcomes

As a business economics graduate, you’ll be prepared to succeed in various careers that use economic analysis to recommend data-based courses of action in marketing, finance, manufacturing, human resources, management, information technologies, product development, and other functional areas of business and government.

You can obtain employment in international businesses, financial and banking institutions, consulting services firms, labor relations organizations, and government agencies that work with business enterprises.

Common job titles include: financial analyst, business consultant, business developer, market analyst, labor market analyst, healthcare analytics specialist, environmental economist, real estate analyst, data scientist, credit analyst, and planner and consultant for urban, regional, and transportation projects.

career

International Students

This degree is designated as a STEM program. International students maintaining F-1 status are allowed to apply for up to 12 months of post-completion Optional Practical Training (OPT) following completion/graduation from their degree program. Currently, this degree program is also designated by the Department of Homeland Security (DHS) as an eligible degree for the F-1 STEM OPT work authorization extension; students who secure qualifying employment may be eligible to apply for the STEM OPT extension for a cumulative total of up to 36 months of F-1 OPT work authorization.

Student Learning Objectives


Learning objectives that UAlbany students are expected to attain through their course of study within their academic program.

Bachelor of Science
  • Understand the economic issues and problems faced by individuals, organizations and society; the economic principles that help explain behavior; the operation of markets; the gains from trade; and the range of institutions that affect the allocation of resources.
  • Be able to apply methods of economic analysis (such as supply and demand, equilibrium, constrained optimization and dynamic analysis) to decision-making, behavior and economic outcomes.
  • Have the ability to apply statistical methods in the empirical analysis of business and economic data and models.
  • Be able to communicate economic analysis and empirical conclusions in the discussion of business decisions, social phenomena and public policy.
  • Students will be able to show comprehension of three to five key concepts from Marketing, Organizational Behavior, Finance, Accounting, Law, and IT Management.
  • Develop understanding of economic issues and methods of analysis in specific fields of economic study relevant to the operation of business including money and banking, industrial organization and finance as well as other fields such as labor, international trade and finance, public finance, health and the environment.
slo

What Makes The University at Albany Great

Student move-in day.

Living-Learning Communities

Live and take classes with other incoming freshmen who share your personal interests, passions or intended academic major.

A student abroad visiting a monument.

Study Abroad

Become a global citizen: international experience is crucial to success in business, education, research, and public policy.

A student conducting undergraduate research.

Undergraduate Research

Research, scholarship, and creative activities at the University at Albany is an option for all students, across all academic disciplines. You will be able to learn more about a specific academic field or career path all while building a long-lasting mentoring relationship with a faculty member or principal investigator.

Explore Minors

Build competency in a passion or strengthen your resume.

A minor consists of 18–24 graduation credits which must include a minimum of 9 graduation credits of advanced coursework at or above the 300 level. Most undergraduate degrees require completing a minor and it has to have a different title from your major.

Full List of Minors
  • Acting
  • Africana Studies
  • Anthropology
  • Art
  • Art History
  • Atmospheric Science
  • Bioethics
  • Biology
  • Broadcast Meteorology
  • Business
  • Chemistry
  • Chinese Studies
  • Cognitive Science
  • Communication (Fully Online Option)
  • Computer Science
  • Creative Writing
  • Criminal Justice Studies (Fully Online Option)
  • Cybersecurity (Fully Online Option)
  • Documentary Studies
  • East Asian Studies
  • Economics
  • Educational Studies
  • Electrical and Computer Engineering
  • Electronics
  • Film Studies
  • Emergency Preparedness, Homeland Security and Cybersecurity (Fully Online Option)
  • English
  • Forensic Science
  • French
  • Game Design and Development
  • Geographic Information Science
  • Geography
  • Globalization Studies
  • Hebrew
  • History (Fully Online Option)
  • Informatics (Fully Online Option)
  • Instrumental Performance
  • International Studies
  • Italian
  • Japanese Studies
  • Journalism (Fully Online Option)
  • Judaic Studies
  • Korean Studies
  • Latin American and Caribbean Studies
  • Law and Philosophy
  • Leadership
  • Legal Studies
  • LGBTQ Studies
  • Library and Information Science
  • Linguistics
  • Machine Learning
  • Mathematics
  • Medical Anthropology
  • Music
  • Musical Performance
  • Musical Theatre
  • Philosophy
  • Physics
  • Political Science
  • Portuguese
  • Pre-Education
  • Psychology (Fully Online Option)
  • Public Health
  • Public Policy
  • Religious Studies
  • Russian
  • Russian and Eastern European Studies
  • Social Welfare Studies
  • Sociology (Fully Online Option)
  • Spanish
  • Statistics
  • Sustainability
  • Theatre
  • Theatrical Design/Technology
  • Urban Studies and Planning
  • U.S. Latino Studies
  • Vocal Performance
  • Women's, Gender and Sexuality Studies