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Program at a Glance

Program
Bachelor
College(s)
College of Business
Department(s)
Economics
4
Years
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The Business Economics major for the Bachelor of Science in Business Administration is designed for students who wish to receive specialized training in Economics along with core skills in business administration. This degree provides quantitative, analytical and computer programming skills for careers including healthcare, banking, consulting, business analysis. Not eligible for a double degree with another College of Business Administration major.

Degree Requirements

  • Students who change degree programs and select this major must adopt the most current catalog.
  • Students wanting to major in Business Economics must meet admission requirements for the major.
  • Any student receiving a business degree must complete a minimum of 30 of the 61 upper level business credit hours for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
  • For students seeking a double major within the College of Business, a maximum of 6 hours of Required Courses for the Major or Restricted Electives may count towards another business major. Not eligible for a double degree with another College of Business Administration major.
  • A maximum of 6 hours of Major Requirements or Restricted Electives may count towards another degree program or minor.
  • Students in the Economics major must maintain a 2.0 or higher cumulative Grade Point Average in all major courses taken at UCF and a 2.0 or higher cumulative GPA in all College of Business courses taken at UCF. Failure to maintain the required GPAs will result in the student being placed on Lack of Progress in the major and/or College. If a student on Lack of Progress fails to achieve the minimum required GPA in the subsequent term of enrollment, the student will be dismissed from the Economics major and/or College of Business. Students dismissed from their major are not eligible to declare a minor in the major they were dismissed from. Students who change their major while on Lack of Progress in the Major and take courses in a subsequent term of enrollment are not permitted to return to the major or minor for which they were placed on Lack of Progress. A student who is dismissed may seek consideration for re-admittance into the College or major by submitting an academic appeal through the College indicating the reasons for academic difficulties and positive plans for achieving the required GPA. Readmission is not automatic or guaranteed and as an exception to College policy is rarely granted.
  • Students must earn a "B" or higher in QMB 3003 and QMB 3200 (or a "C" or higher in the equivalent calculus and statistics courses). In addition, only grades of "C" or higher transfer into the program and students must earn a minimum of "C" or higher in all business courses. This includes all courses under Common Program Prerequisites (CPP), Core Requirements: Major Requirements: Restricted Electives Business Elective, and Capstone Requirements below.
  • The College of Business does not permit Common Program Prerequisites, Primary Core, Secondary Core, Capstone, or any major/elective course to be taken on an elective S/U grading basis.
  • Students enrolled in UCF’s Honors Undergraduate Thesis (HUT) program who complete ECO 4903H (3 units) and ECO 4970H (3 units), and then successfully defend their thesis can substitute ECO 4970H for one restricted elective course in the major.
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Highlights

UCF was ranked as one of the Best Undergraduate Business Programs by U.S. News & World Report in 2021.
The economics program at UCF is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
The job outlook for economics is projected to grow 14 percent through 2029.
The starting salary for economics majors is an estimated $59,000.

Undergraduate Application Deadlines

Fall
May 1
Spring
November 1
Summer
March 1
Fall
July 1
Spring
November 1
Summer
March 1
Fall
March 1
Spring
September 1
Summer
January 1

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Course Overview

Game Theory and Economics

Explore the strategic decision-making of parties having opposed, mixed or similar interests.

Cover a wide range of topics, including the analysis of current economic issues and policy, and the study of current economic methods and theories.

Assume a strategic view of organizations and integrate and apply material learned in your business courses to modern organizational problems and opportunities.

Business Economics Skills You’ll Learn

  • Demonstrate the application of the principles, theories and analytical methods of economics to analyze problems and develop solutions.
  • Draw insights about economic behavior from the application of algebra and calculus to economic problems.
  • Apply systematic and logical reasoning to evaluate and draw valid conclusions about economic problems.
  • Communicate economic ideas clearly and coherently to various teams within an organization.

Career Opportunities

  • Economist
  • Financial Risk Analyst
  • Data Analyst
  • Economic Researcher
  • Policy Analyst
  • Market Research Analyst
  • Actuary

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