Business Economics

Main Content

The Business Economics major offered through the College of Business emphasizes the application of economic concepts and the use of critical analysis to the solution of economic and managerial problems. This undergraduate program is an excellent general preparation for future managerial and staff assignments in a variety of business and public organizations. The program also prepares students for graduate study in economics as well as for the Master of Business Administration (MBA) degree. Those students who desire professional careers as business and managerial economists are advised to plan to complete one to four years of postgraduate study. A major in Business Economics requires students to earn a minimum grade of C in each of the courses taken to satisfy the requirements for the Business Economics major*(as described below), and students must earn a minimum 2.0 grade point average for those major courses.

The Capstone Option for Transfer Students

The Capstone Option is available to students who have earned an Associate in Applied Science (AAS) in approved business area degree and who have a cumulative 2.0/4.0 GPA on all accredited coursework prior to the completion of the AAS, as calculated by SIU. The Capstone Option reduces the University Core Curriculum requirements from 41 to 30 hours, therefore reducing the time to degree completion. Students who apply for Capstone will work with the College of Business Advisement Office for approval of the Capstone Option and will complete a personal contract for a degree completion plan.

Technology Fee and Differential Tuition

The College of Business assesses College of Business majors a technology fee of $6.00 per credit hour for Fall and Spring semesters up to twelve semester hours and Summer up to six semester hours. The technology fee is being phased out and will be subsumed under the differential tuition surcharge (see item below). Consequently, students will be charged either the tech- nology fee or the differential tuition surcharge but not both. Starting Fall 2008, the College of Business has implemented a differential tuition surcharge of 15% of applicable tuition for declared College of Business majors who are new students. The differential tuition surcharge will be assessed at the in-state tuition rate. If students are charged the differential tuition sur- charge, the technology fee (in above item) will not be assessed. Starting Fall 2008, the College of Business has implemented a “minor program fee” for other than College of Business majors that is equal to 15% of 15 credit hours of applicable tuition for declared College of Business minors. This fee is applicable for new students.

Bachelor of Science Degree in Business Economics, College of Business

Degree RequirementsCredit Hours
University Core Curriculum Requirements 39
Professional Business Core 47
Requirements for Major in Business Economics 21
Minimum grade of C required for all classes in major area. ECON 340, ECON 341 6
FIN 361 and FIN 462 or FIN 463 6
Three courses from the following list, two of which must be in economics: ECON 310, ECON 315, ECON 329, ECON 330, ECON 350, ECON 416, ECON 429, ECON 443, ECON 463, ECON 465, ACCT 321, ACCT 331, ACCT 471, FIN 331, FIN 464, MGMT 352, MKTG 390, MKTG 435 9
Electives 1 13
Total 120

1 120 semester hours are required for graduation. Any additional hours of college level credit can be used to equal minimum 120 semester hours required for degree.