Loyola University Maryland

The Career Center

Business Economics

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Overview of major
Potential job titles 
Examples of internships
Possible career fields
Possible work settings
Important skills and abilities
Sample web resources
Print resources
Sample graduate programs pursued by Business Economics majors
Where they got hired: Business Economics, Class of 2014

Overview of major

A Business Economics degree provides a logical and quantitative way of analyzing various problems and concerns. Graduates have pursued opportunities as economists, financial analysts, or managers in business or economics. Other graduates continued their education to obtain Master’s, MBA or Ph.D. degrees to pursue careers in business management, law, international affairs, higher education, government, finance, and consulting.

Resources

Potential job titles

  • Management Trainee
  • Financial Management Consultant
  • Operations Analyst
  • Junior Portfolio Manager
  • Junior Economist
  • Underwriter Trainee
  • Economic Research Assistant
  • Purchasing Associate
  • Sales Representative
  • Market Research Analyst
  • Financial Advisor/Analyst
  • Audit Consultant
  • Client Associate
  • Securities Broker
  • Public Administration Assistant
  • Financial Planner
  • Investment Analyst
  • Investment Operations Associate

Examples of internships

  • JPMorgan Chase & Co.
  • Citigroup
  • Morgan Stanley
  • Merrill Lynch
  • Lockheed Martin Corporation
  • U.S. Department of State
  • American Stock Exchange
  • Bureau of Labor Statistics
  • U.S. Department of Commerce
  • Northwestern Mutual
  • Cintas Corporation
  • Maryland Governor’s Summer Internship
  • Constellation Energy
  • The World Bank
  • The Society for the Advancement of Socio-Economics

Possible career fields

Government

  • Public administration
  • Intelligence
  • Foreign trade analysis
  • Urban planning
  • Cost analysis
  • Transportation management 

Economic market research

  • Research analysis
  • Consulting
  • Banking & finance
  • Credit lending
  • Operations
  • Systems
  • Trust
  • Securities

Insurance

  • Underwriting
  • Sales
  • Operations
  • Claims

Healthcare

  • Hospital Management
  • Healthcare Analysis

Business

  • Management
  • Buying & Purchasing
  • Human Resources
  • Sales
  • Hospitality

Teaching

Possible work settings

  • Government
  • Market research firms
  • Consulting firms
  • Banks
  • Consumer goods manufacturing firms
  • Brokerage firms
  • Savings & loans associations
  • Insurance firms
  • Hospitals
  • Hotels
  • Resorts & tourism councils
  • Real estate developers
  • Universities 

Important skills and abilities

  • Analytical
  • Quantitative
  • Computer
  • Research
  • Sales
  • Communication
  • Interpersonal
  • Leadership
  • Teaching
  • Risk taking
  • Customer service
  • Persuasion
  • Assertiveness
  • Problem solving
  • Team player

Sample web resources

American Economic Association
American Management Association
FedWorld
International Adam Smith Society
National Association for Business Economics
National Bureau of Economic Research
Society of Government Economists
The National Association of Personal Financial Advisors 

Print resources

(All available in the Career Resource Library in The Career Center)

  • Great Jobs for Business Majors (BUS Category)
  • Career in Finance (BUS Category)
  • Career Guide to Consulting (BUS Category)
  • Venture Capital Careers (BUS Category)
  • Best 296 Business Schools (Grad Section)
  • Best 174 Law Schools (Grad Section)
  • The Business School Buzz Back (Grad Section)
  • How to Write a Winning Personal Statement for Graduate and Professional School (Grad Section)
  • Graduate Programs: Business, Education, Health, Information Studies, Law & Social Work (Grad Section)

Sample graduate programs pursued by Business Economics majors

  • PhD, Applied Economics
  • MBA, Finance
  • MA, International & Development Economics
  • MA, Public Administration
  • JD
  • MA, Policy Economics
  • MBA, International Business
  • MS/PhD, Community & Economic Development

Where they got hired: Business Economics, Class of 2014

The Career Center at Loyola University Maryland conducts an annual follow-up survey with new Loyola graduates between six and nine months after Commencement to paint a comprehensive picture of the professional paths each class has chosen. Nearly 89 percent of the Class of 2014 responded to the survey.

Here's a snapshot of where our 2014 business economics majors were hired or went on to graduate school:

Companies

ABC News Rights & Clearances - Intern
Bankers Healthcare Group - Sales Associate
BBR Partners - Investment Management Associate
Brown Advisory - Relationship Manager
Charlotte Hounds Professional Lacrosse - Midfielder
City National Bank - Assistant Vice President
Cu-Tech LLC - Administrative Assistant
Deloitte LLP - Business Technology Analyst/Consultant 
Merrill Lynch - Financial Advisor
Morgan Stanley - Operations Analyst (3)
NewDay USA - Account Executive
Oakland Athletics, Major League Baseball - Baseball Operations Assistant
T. Rowe Price - Investment Operations Associate (2)

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