PLACEMENT INFORMATION• • • [DIVISION OF ECONOMICS AND BUSINESS]

Careers in Economics

Economics majors have a range of options following their undergraduate studies. Some pursue graduate degrees in economics, business, or law. Others begin careers as managers, economic advisors, and financial officers in business or government, often in organizations that deal with engineering, applied science, and advanced technology. Still others start up their own businesses.

Management

Managers oversee and lead people and operations in private and public organizations. Project management, where experts from various fields work together as a team to complete a specific job, is an example of this kind of work.

Economic Analysis and Advising

Both private firms and government agencies need economic analysis and advice. Economists in the private sector assess the nature and extent of competition affecting their firms, forecast future developments in the sector and the economy as a whole, and develop long-range, strategic plans for their firms. Economists in the government sector evaluate possible changes in public policy and advise legislators and other public officials.

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Financial Analysis and Management

Financial analysts and managers prepare budgets, monitor cash and investments, and prepare financial reports. They often work in interdisciplinary teams to assess the economic and financial viability of investment projects and to raise money to finance these projects. In banks and other financial institutions, financial officers evaluate projects, assess risks, make loan decisions, and provide advice on mergers and acquisitions. Economics recent placement information.

Current Undergraduate Enrollment:
104 Economics Majors
230 Economics & Business Minors

The Bachelor of Science degree in Economics is an undergraduate program designed for the student interested in applied economics. It can be tailored towards interests in basic economics, technology, or global business. The economics degree curriculum covers the economy as a whole. It gives the student a general perspective on how the market is influenced by a collection of companies by examining alternative market structures (e.g., monopoly vs. perfect competition) and exploring how companies form policies in order to flourish in the global economy.
Students are required to take a general engineering core consisting of three semesters of calculus, a semester of differential equations, a semester of statistics and probability, two semesters of chemistry, and two semesters of physics. In addition, core courses specific to the economics degree are required including six fundamental economics courses-two each in microeconomics and macroeconomics, one in econometrics, and one in engineering economics-along with an operations research survey course. In addition, students take six elective courses in economics or business. Oral and written communication skills are emphasized throughout the coursework. After receiving their B.S. degree in Economics, students are well prepared for careers in market analysis and forecasting, policy analysis, financial planning, project evaluation, and portfolio management, as well as other positions where critical thinking and analysis using technical and economic skills are required.

December 2007 and May 2008 Placement Information:

Placement Rate:85%

Average Starting Salary: $52,778 to $69,819

Representative Companies Who Hired Economics Undergraduates:

Representative Positions of Economics Undergraduates:

CSM Career Center Placement Data

Please send us a job or internship position and we will work to find you the most qualified student. Contact Kathleen Martin at 303-273-3482 or kmartin@mines.edu.