Online MBA in Economics

As the saying goes, “money makes the world go round’. This holds true and every corporation, business, enterprise, and anybody wanting to make money, keep money, and make more money. They all need a team behind them that’s strong in the economical field. An online MBA in Economics will prepare its students to jump right into the corporate world and financial and economics industry.

What is an Online MBA in Economics Program?

An online MBA in Economics is a degree program that prepares its students to deal with all the financial aspects it takes to run a company or be a successful business, including investment banking, managing acquisitions, navigating corporate finance and managing financial markets. In addition, it teaches it students how to understand the performance and impact of finances. An online MBA in Economics brings critical thinking, problem solving and effective communication out of its students.

Is an Online MBA in Economics Program right for me?

An online MBA in Economics degree is right for you if you have a strong background in the stock market, accounting, and likes working with numbers. Other common skills people MBA’s in Economics have are public speaking, it is likely you will have to present reports and PowerPoint’s to the head of the company, organization, communication, and the ability to work alone.

How long does it take to obtain an Online MBA in Economics Degree?

Full time students can normally finish this program in 15 months, if they don’t have an emphasis. Students with an emphasis or specific area of study take about 2 years to finish. Part time students will take longer to complete this program.

What are the admission requirements for Online MBA in Economics Programs?

Different from other MBA programs the MBA in Economics program does require its students to have a bachelor degree in an area of finance, banking or economics. Students can have an undergraduate degree in any area of study. Having a degree in economics will just make it easier on the student. Also, students have to have a score of 550 or higher on the GMAT, letters of recommendation and work experience in the financial industry.

What skills will I learn in an Online MBA in Economics Program?

Students’ skills will largely be based around understanding the financial world such as financial markets, real estate, corporate finance, and mergers and acquisitions. However, it will also give students the opportunity to learn management and marketing skills as well.

What courses will I take in an Online MBA in Economics Program?

A lot of the courses in the online MBA in Economics program will be project based and hands on learning. Some courses include:

  • Economic Concepts, Issues and Tools
  • Demand and Supply
  • Economic Efficiency
  • Public Goods
  • Externalities
  • Income Distribution
  • International Sector
  • Macroeconomics
  • Income Distribution
  • Circular Flow of Income
  • Fiscal Policy

What types of jobs are available after obtaining an Online MBA in Economics Degree?

Receiving an online MBA in Economcis puts you ahead of the rest. There is not one single company or place of business out there that does not need help with managing their finances. The possibilities are endless, some titles include: Financial Analyst, Staff Accountant, Finance/Banking Business Analyst, Economist, Data Analyst, Financial Advisor, Investment Analyst, Business Process/Management Consultant, Financial Research Analyst, and Marketing Analyst.

What are the job prospects with an MBA in Economics Degree?

There is not a company out there that does not have or need a great team of financial experts to keep the cash flow balanced. Therefore, those with an MBA in Economics will always be in demand and can command huge salaries. Even those just starting off can expect to receive a salary no less than $85,000 plus bonuses. Those who have experience in this field can expect to receive a salary well into six-figures in addition to bonuses.

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