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Thursday, May 7, 2015

The Mathematical Economics Degree

A Compilation of Competence: The Mathematical Economics Degree
The mathematical economics major offers students a degree program that combines mathematics, statistics and economics. In many ways, the mathematical economics program parallels the engineering philosophy.  It combines the quantitative methods of mathematics with an applied science in order to solve real problems. With the ever-increasing importance of the service sector in our economy, the mathematical economics degree will prove to be a valuable asset. The program will give the student an opportunity to study a fascinating collection of ideas and it will also provide the student with very marketable skills.
What skills does studying mathematical economics develop? 
  • capability in mathematics and statistics
  • aptitude in problem solving skills 
  • ability to communicate with public speaking and written assignments
  • capacity to collaborate with others
Career opportunities
In today’s increasingly complicated international business world, a strong preparation in the fundamentals of both economics and mathematics is crucial to success. This degree program is designed to prepare a student to go directly into the business world with skills that are in high demand, or to go on to graduate study in economics or finance. A degree in mathematical economics would prepare a student for the beginning of a career in operations research or actuarial science. Other occupations include but are not limited to the following:
  • economist   
  • management accountant
  • actuary
  • bank examiner  
  • market research analyst
  • financial analyst  
  • marketing/sales manager
  • financial planner  
  • claims examiner  
  • investment manager
  • international trade specialist  
  • real estate investor
  • statistician
  • teacher
  • professor

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