Courses at Miami University

Bachelor of Science [B.S] [Business Economics] From Miami University

Oxford, OhioLocation
UniversitySchool type
Estd1809established year
19452enrollment
Public
9.3/10

Bachelor of Science [B.S] (Business Economics)

4 years
Full Time
On Campus

$39,526/Yr

$39,526 /Yr
  • Economists study how people make decisions and the consequences of those decisions. For example, what are the key forces at work in the decision to buy a Mac or a PC? What factors determine the production of these goods and how is that production organized? How do these forces interact to determine the prices we pay for computers and the number of computers produced? How would a tax or a subsidy change the prices and quantities? Who gains? Who loses? How do these decisions aggregate to give overall employment and inflation? Economics provides a unified framework to think about choice, its consequences, and the ability of policymakers to change outcomes.
  • Although Miami’s major provides specific skills in certain areas, such as econometrics, the key piece of human capital acquired by our majors is a well-honed and oft-practiced skill of critical thinking, especially with regard to problems that involve data and quantitative methods. As a result, economics majors are in high demand across a variety of employers and graduate schools. Recent placements include Nielsen Consulting, JPMorgan Chase, Abercrombie and Fitch, and for graduate work, Harvard, Duke, and Ohio State. These skills are also rewarded well. In 2009, economics majors earned the fifth highest starting salaries and mid-career earnings (behind four areas of engineering) and scored the second-highest of any major on the LSAT exam.
  • All economics programs require at least 30 hours of economics, which cover principles and advanced microeconomic and macroeconomic theory. In addition, business economics requires business core courses that prepare students to help firms and organizations understand and adapt to a changing economic environment. This major also prepares students for graduate study in economics, law school, MBA programs, and public policy programs, as well as for business careers in financial service industries and similar positions.

Important Dates

Decision Notification will be given on a rolling basis for Fall Priority 2 Deadline & Spring Semester.


Tuition Fees

Year1st Year Fees
Tuition fee$36650 (USD 36650)

Other Expenses

HeadAvg Cost Per Year
Living Costs$14510 (USD 14510)
Personal Expenses$2112 (USD 2112)
Transportation$1344 (USD 1344)
Books and Supplies$1240 (USD 1240)
Health Insurance$1636 (USD 1636)
Total Cost$20842 (USD 20842)

Eligibility & Entry Requirement

Academic Eligibility:

To apply for first-year admission as an international student, submit the following documents:

  • A recommendation is not required but may be provided on the student’s behalf. This recommendation can be in the form of a letter; a school report completed by your school official; or a teacher evaluation. The recommendation must be submitted directly from a school official or teacher.
  • Completion of formal secondary education in a pre-university curriculum
    • This education must culminate in the award of a diploma or the issuance of a leaving certificate or matriculation certificate generally recognized as the educational qualification necessary for admission to higher studies.
    • Academic records include all secondary school studies, beginning with 9th grade through the most current available at the time of application. Proof of secondary school graduation is required before enrolling at Miami. All documents not originally issued in English must include an English translation. 
    • Direct admission offered to those students who scored between SAT: 1280-1370, ACT: 28-31, GPA: 3.75-4.04 (on a 4.0 scale) with an excellent academic profile that exceeded these ranges.

Indian Eligibility:

Indian students are eligible to apply if they meet the following eligibility criteria:

  •  If a student's native language is not English, they are required to submit scores on the Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), Duolingo English Test, Pearson Test of English (PTE) Academic, or provide alternative evidence of English language proficiency. 
  • While a valid TOEFL, IELTS, Duolingo, or PTE score can satisfy Miami University's English language proficiency requirement, this requirement can also be met through the following alternatives:
    • The student’s country of origin is also an English-speaking country and English is your native language.
    • An associate or bachelor's degree from a U.S. institution of higher education
    • Course equivalency of Miami University's English composition requirement at another U.S. university or community college (not English as a Second Language course). students must provide an official transcript showing a minimum grade of C or better.
    • Completion of ELS Language Center's Level 112. (Students who complete ELS Level 109 may be considered for conditional admission to the university through the ACE Program.)
    • Enrollment in AP English Language and Composition or AP English Literature in a US high school or high school that follows the US curriculum.
    • Enrollment in IB English A at either the Higher or Standard Level as part of a full IB Diploma program.
    • Graduation from a U.S. high school following three years of continuous enrollment will lead to placement in the ACE program unless additional proof of English Proficiency is also submitted. 
    • Most international students are not required to provide an ACT or SAT score, but they may use the ACT or SAT to satisfy English language proficiency requirements.

Note: Miami has chosen to make test scores optional for students applying to the university through Spring 2023 to ensure equitable opportunity for admission, scholarships, and honors programs due to the COVID-19.


Scores Required

80 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

53 / 90

Avg. Score in

PTE

1220 / 1600

Avg. Score in

SAT

26 / 36

Avg. Score in

ACT

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
ASID Foundation Legacy ScholarshipsScholarship per student$ 4,000/Yr$4,000Level Of StudyBachelorTypeMerit-Based
Microsoft ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
YouAreWelcomeHere ScholarshipsScholarship per studentVariable AmountLevel Of StudyApprenticeshipTypeTuition-Fee-Waiver
Innovation in Education Scholarship - La Tutors 123Scholarship per student$ 500/Yr$500Level Of StudyBachelorTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based


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