The Bachelor of Science degree in economics emphasizes the quantitative analytical approach to dealing with economic problems in both the public and private sectors. The main feature that distinguishes RIT’s Bachelor of Science degree in economics from traditional economics degrees is that our curriculum prepares students for work in corporations by developing communication, computing, and management skills in addition to economic reasoning and quantitative abilities. This emphasis provides students with skills and the intellectual foundation required for career growth. Students in the program are involved in a wide variety of managerial and analytical positions both in co-op and after graduation.
- Bachelor of Science
- Approximately 25 students enrolled in the undergraduate program with an additional 30 students pursuing Economics as a secondary major.
Cooperative Education & Experiential Education Component
- Students have the option of participating in co-op. Co-op students are able to work 3 or 6 months.
Salary InformationCo-op: $13.50 $10.42 - $25.00
Student Skills & Capabilities· Curriculum: Students take rigorous and challenging required courses specifically designed to develop the ability to apply economic analysis to real world problems. Students take an Economics core curriculum and then choose courses in one of three tracks: Managerial Economics, Economic Theory and Policy, or Environmental Economics. Quantitative analytical skills are developed by a course sequence that includes computer science, mathematics, and statistics courses. Professional electives allow students to pursue advanced study in their individual areas of interest including double majors and minors. Along with finance, marketing, mathematics, statistics, and computer science there are many other possibilities, limited only by the student’s creativity in designing a personalized program of study.
· Study environment: The economics faculty serves as mentors and are readily available to enhance students’ personal and professional growth. Students have the opportunity to work as research assistants for the faculty. In this role, they learn valuable skills required for conducting original, knowledge enhancing research on a topic of interest.
Equipment & FacilitiesRIT Economics students have access to PC and Mac hardware labs, and to standard software, including proprietary packages such as Microsoft Office, Adobe, ESRI (ArcGIS), MATLAB, Minitab, and SAS as well as opportunities to work with open source software such as Python and R.
Professional and Technical Skills
RIT economics students gain skills in data analysis, data organization and presentation, combining quantitative and qualitative evidence to frame problems and design solutions, written and oral communication, abstract thinking, and optimization.
Training / QualificationsA master’s or Ph.D. degree in economics is required for many private sector economist jobs, and for advancement to more responsible positions. Economics includes many specialties at the graduate level, such as advanced economic theory, econometrics, international economics, and labor economics. Students should select graduate schools strong in specialties in which they are interested. Some schools help graduate students find internships or part-time employment in government agencies, economic consulting or research firms, or financial institutions prior to graduation.
Job TitlesPossible job titles include Economist, Business Economist, Government Economist, and Academic Economist
Other types of economists include, Behavioral Economist, International Economist, and Public Finance Economists.
Selected Employer Hiring PartnersUS Bureau of Census, Dean Witter Reynolds, First Federal Savings and Loan, M&T Bank, NYS Department of Labor, City of Alexandria, VA, Smith Barney.
Contact UsWe appreciate your interest in your career and we will make every effort to help you succeed. Feel free to contact Julian Huenerfauth, the career services coordinator who works with the Economics program. You can access information about services through our web site at www.rit.edu/careerservices.
Rochester Institute of Technology . Office of Career Services and Cooperative Education
Bausch & Lomb Center
57 Lomb Memorial Drive . Rochester NY 14623-5603