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Business Economics, B.Sc.

  • Application Deadline
  • 48 months
    Duration
University rank #801 (WUR) Ruston, LA, United States
Combining research, pricing, marketing, financial analysis, and forecasting, the Louisiana Tech business economics program blends business skills with economic theories and principles, preparing you to build strong, successful businesses, banks, non-profits, and policies. We offer a Business Administration at the Louisiana Tech University. 
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Overview

With a focus on developing strong analytical, quantitative, and critical thinking skills, our program serves as an excellent foundation if you are pursuing a graduate degree in public administration, business administration, or law. Students have the opportunity to develop research questions related to micro and macro economics and present their findings at a variety of forums including the Dallas Federal Reserve Bank.

We offer bachelor in Business Economics at the Louisiana Tech University. The Regional Economic Analysis of Louisiana (REAL) Report is a quarterly publication designed to provide insight into recent economic developments in Louisiana. It is produced by faculty and students within Louisiana Tech University’s College of Business for the state of Louisiana and our region of the South.

Economics majors are employed in all sectors of the economy–government, industry and finance, and non-profit organizations. In addition, undergraduate training in economics is an ideal major for those contemplating continuing their formal education in public administration, general business administration, law, or pre-medicine.

Program Objectives

  • Students will understand price, production, and distribution theories and practices.
  • Students will understand the dynamics of the supply and demand for money and the role of the central bank in the money supply process.
  • Students will understand the origins and operations of human capital allocation.
  • Students will be able to analyze monetary and fiscal policies and their impact on business and society.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:
  • Principles of Macroeconomics 
  • Principles of Microeconomics 
  • Principles of Financial Accounting 
  • Principles of Managerial Accounting 
  • Legal Environment of Business
  • Basic Business Statistics

English Language Requirements

  • Minimum required score:

    79

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

Academic Requirements

You need the following GPA score:

Required score: 2

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 2 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • Complete the Online Application
  • Non-refundable application fee $30.00 
  • Applicants from non-English speaking countries: Students with a 2.0 GPA must have one of the following: an iBT TOEFL 79 or an IELTS 6.5 or SAT Math subscore 510, Evidence-based Reading and Writing 500 subscore with a minimum composite score of 1130 or ACT Math subscore 19 and English subscore 18 with a minimum composite score of 23. 
  • Copy of Current Valid Passport

Tuition Fee

  • International

    11068 USD/year
    Tuition Fee
    Based on the original amount of 5534 USD per semester and a duration of 48 months.
  • National

    11068 USD/year
    Tuition Fee
    Based on the original amount of 5534 USD per semester and a duration of 48 months.
  • In-State

    3702 USD/year
    Tuition Fee
    Based on the original amount of 1851 USD per semester and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Ruston

  • 900 - 1400 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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