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

• Business Economics Department Site  
• Course Catalogue    
• Academic Advising and Support Center    

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 

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 2015

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 86 percent of the Class of 2015 responded to the survey.

Here's a snapshot of where our 2015 business economics majors were hired or went on to graduate school:

Companies

&Wealth Partners LLC - Account Representative
Bank of America- Merrill Lynch - Team Financial Advisor Trainee
Barkan Management - Assistant Property Manager
Intercruises Shoreside & Port Services - Customer Service Representative
Kurt Salmon - Business Analyst
M&T Bank - MDP Program
Maller Wealth Advisors - Support Planner
Morgan Stanley - Operations
Roadnet Technologies - Market Research
Sequel Media Group -Assistant Editor
Sunlife Financial - Quote Associate
Vayner Media - Media Analyst
W. W. Grainger - Inter-Market Resource