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Economics MBA

 


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What is an economics MBA?

Economics is an extremely diverse branch that deals with the application of business and finance principles in order to boost productivity, better manage resources, increase profits, and improve the overall operation of an organization in general. The Master of Business Administration in Economics or Economics MBA is designed to help students develop a thorough knowledge of economic fundamentals and apply them in real world situations. Additionally, this MBA degree also enables students to develop vital leadership skills that are necessary for executive-level roles in a variety of different industries.

How can I get an MBA in economics?

In order to enroll in an economics MBA program, applicants must have a bachelor's degree in economics or a related field in addition to some relevant work experience. Classes can be taken on-campus or online, and students can choose a fast-paced 15 month long program; or the relatively less stringent and longer 24 month program. The basic curriculum includes courses in the areas of micro and macro economics, corporate finance, financial decision making, applied statistics, data collection and analysis, econometrics, and information management systems. Students also take courses in human capital management, international business management, global policymaking and financial trend analysis, corporate planning and strategic development.

Why should I consider a career in economics?

Economics MBA majors are guaranteed some of the highest wages in the world, and have ample opportunities at banks, investment companies and other financial institutions, in addition to numerous other private businesses and government organizations. The Bureau of Labor Statistics estimates employment opportunities in this field will increase by 6% through 2014. This projected increase, combined with countless career paths, and average wages of over $150,000 per year makes the economics MBA degree an extremely desirable choice.

Summary

The Master of Business Administration in Economics or Economics MBA is designed to help students develop a thorough knowledge of economic fundamentals and apply them in real world situations. Students also take courses in human capital management, international business management, global policymaking and financial trend analysis, corporate planning and strategic development.

Author Bio

Coleman has vast experience in content writing. He has been writing on different topics, currently he is content manager and working on online education Stuff.

http://www.excite.com/education

Coleman is currently writing for mba programs

http://www.excite.com/education/qualification/economics-mba

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