Business Economics
Why pursue a business economics degree at North Central College?
Business economics professionals have an eye for working in corporations, the government, or financial sector, specifically focusing on business cycles. Economists are highly numeric individuals involved in researching and analyzing data, producing forecasts, and presenting reports. This program is designed to give you a comprehensive business core as well as widely transferrable analytic and problem-solving skills which boost employability in a variety of corporate jobs. At North Central, you’ll work closely with faculty to develop not only your quantitative skills but also reasoning and decision-making skills. You will discover how best to draw conclusions from data, evaluating theories that affect public policy and market forces. This training will serve you well in careers such as economic consultant, financial risk analyst and data analyst. As a thoughtful decision maker, your economic skillset will always be in demand in the business world.
IF YOU ARE INTERESTED IN
- Researching and analyzing economic data, issues and trends on markets and business cycles
- Producing economic forecasts and reports
- Advising corporate clients on policy or business strategy
then a degree in BUSINESS ECONOMICS might be for you.
Why study business economics at North Central College?
In the Classroom
Coursework topics:
- 11-course comprehensive business core (including Corporate Finance, Microeconomics, Macroeconomics, Financial Accounting and Managerial Accounting)
- Econometrics
- Environmental Economics
- History of Economic Thought
- Industrial Organization & Public Policy
- Intermediate Macroeconomics
- Intermediate Microeconomics
- International Economics
- Money and Banking
- Sports Economics
School of Business & Entrepreneurship
Take a virtual tour of the School of Business & Entrepreneurship and the state-of-the-art Bloomberg Finance Lab, where you can conduct market research and engage in real-time data analytics.
Virtual Tour
Beyond the Classroom
As a business economics major you can:
- Simulate trading and access thousands of proprietary reports in the Bloomberg Finance Lab, equipped with ten dual-monitor workstations, Bloomberg Terminal software, and Bloomberg’s unique keyboards.
- Become “Bloomberg certified” by completing a series of advanced financial modules in our Bloomberg Finance Lab.
- Apply for internships and jobs through robust faculty and alumni networks or the Center for Career and Professional Development.
- Join student organizations like the Invisible Hand Economics Club, which arranges networking events and guest speakers.
- Visit the nearby Chicago Board of Trade, Chicago Board Options Exchange and Federal Reserve.
- Work with local schools through the Center for Financial Literacy.
- Research your interests alongside faculty and present your findings on campus or at national conferences.
We also offer an MBA program for graduate students who are interested in deepening their education and skills in business administration. Our MBA business program is open to students with any undergraduate degree. This means that their bachelor's degree does not have to be related to business in order for them to apply to this graduate program.
Business Economics, B.B.A.
The Bachelor of Business Administration degree is most appropriate for students planning to seek entry level careers in all business areas who desire both a strong foundation in economic theory as well as broad exposure to all areas of business including accounting, finance, management and marketing.
For additional programs and courses in this department, see Economics and Finance.
Common SBE Core
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SBEN 100 - Globalization and Society
SBEN 100 - Globalization and Society
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ACCT 201 - Financial Accounting
ACCT 201 - Financial Accounting
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ACCT 202 - Managerial Accounting
ACCT 202 - Managerial Accounting
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BUSN 205 - Business Law and Ethics
BUSN 205 - Business Law and Ethics
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BUSN 265 - Business and Economics Statistics
BUSN 265 - Business and Economics Statistics
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BUSN 485 - Business Strategy
BUSN 485 - Business Strategy
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ECON 200 - Principles of Microeconomics
ECON 200 - Principles of Microeconomics
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ECON 205 - Principles of Macroeconomics
ECON 205 - Principles of Macroeconomics
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FINA 350 - Corporate Finance
FINA 350 - Corporate Finance
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MGMT 305 - Management and Organizational Behavior
MGMT 305 - Management and Organizational Behavior
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MKTG 300 - Principles of Marketing
MKTG 300 - Principles of Marketing
Economics Courses
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ECON 365 - Econometrics
ECON 365 - Econometrics
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ECON 400 - Intermediate Microeconomics
ECON 400 - Intermediate Microeconomics
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ECON 405 - Intermediate Macroeconomics
ECON 405 - Intermediate Macroeconomics
- Eight credit hours of ECON electives, at least four credit hours at the 300-level or above
Internships
Recent graduates in economics have served as:
- Research analyst, Waddell and Reed, Naperville
- Public Finance Intern, Robert W. Baird and Company
- Intern, Professional Liability Area, USLI Insurance
- Retirement planning, Northwestern Mutual, Lombard, Ill.
- Intern, finance department, OfficeMax, Naperville
- Intern, Siegfried Investment Fund, LLC
- Chicago climate exchange regulatory extern, Financial Industry Regulatory Authority, Chicago
- Intern, International Credit Risk Management, Northern Trust
Graduate Schools
Recent graduates in economics have been accepted at:
- Clemson University
- Depaul University
- Indiana University School of Law
- Loyola University Chicago School of Law
- Marquette University
- Northwestern University
- University of Illinois
- University of Iowa
- University of Kentucky
- University of Oregon
- University of Wisconsin
- Valparaiso University
- Vanderbilt University
Careers
Recent graduates in economics include:
- Consultant, NFP Insurance Solutions
- Market intelligence analyst, Portland Cement Association
- Financial analyst, Gallagher Bassett
- Associate Wealth Management Advisor, Spahn Financial Pricing Analyst, Hub Group
- Data Analytics Specialist, MB Financial