BS Mathematics and Economics

4 Years On Campus Bachelors Program

American University

Program Overview

The Bachelor of Science in Mathematics and Economics at American University is an exciting program that combines analytical rigor with real-world applications, making it ideal for students who are passionate about understanding complex economic systems through a mathematical lens. This interdisciplinary approach equips students with the skills needed to tackle pressing economic issues, preparing them for a variety of career paths in finance, policy analysis, and beyond.

Curriculum Structure:

In the first year, students will lay a strong foundation in both mathematics and economics. Core courses such as "Calculus I" and "Principles of Microeconomics" introduce essential concepts and analytical techniques, while "Introduction to Statistics" provides the statistical tools necessary for data analysis.

During the second year, students delve deeper into the subjects with courses like "Linear Algebra" and "Principles of Macroeconomics," which enhance their understanding of economic models and mathematical structures. Additionally, "Mathematical Statistics" equips students with the skills to analyze and interpret data effectively, preparing them for more advanced studies.

In the third year, the curriculum becomes more specialized, with courses such as "Econometrics" and "Real Analysis." These classes challenge students to apply their mathematical skills to economic data and develop a rigorous understanding of economic theory, fostering critical thinking and problem-solving abilities.

In the final year, students engage in advanced topics through courses like "Game Theory" and "Financial Economics," where they explore strategic decision-making and the financial markets. The capstone project allows students to synthesize their learning and demonstrate their expertise, preparing them for successful careers or further academic pursuits.

Focus Areas: Quantitative analysis, economic theory, data interpretation, financial modeling.

Learning Outcomes: Develop strong analytical skills, apply mathematical techniques to economic problems, interpret and analyze data effectively, and communicate complex ideas clearly.

Professional Alignment (Accreditation): The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring a high standard of education and relevance in the field.

Reputation (Employability Rankings): American University consistently ranks highly in employability, with graduates recognized for their strong analytical and problem-solving skills, making them attractive candidates in the job market.

Experiential Learning (Research, Projects, Internships etc.)

At American University, the BS in Mathematics and Economics program is designed to provide students with a robust foundation in both theoretical and practical aspects of these fields. Students engage in experiential learning that equips them with essential skills for their future careers. The program emphasizes hands-on experiences through various facilities and tools that enhance learning and application of concepts in real-world scenarios.

Here are some key components of the experiential learning opportunities available to students in this program:

- Data Analysis Software: Students gain proficiency in industry-standard software such as R, Python, and Stata, which are essential for data analysis and economic modeling.
- Collaborative Projects: The curriculum includes group projects that encourage teamwork and problem-solving, allowing students to apply mathematical and economic theories to practical situations.
- Internship Opportunities: The program offers access to internships with local businesses, government agencies, and non-profits, providing students with valuable work experience and networking opportunities.
- Research Laboratories: Students can utilize dedicated research labs equipped with advanced technology for conducting experiments and analyzing data, fostering a hands-on approach to learning.
- Field Trips: The program includes field trips to financial institutions, government agencies, and research organizations, giving students insights into the practical applications of their studies.
- Access to Libraries and Resources: Students have access to the university’s extensive library system, which includes a wealth of resources for research in mathematics and economics.
- Institute for Economic Policy Research: This institute provides students with opportunities to engage in research projects and collaborate with faculty on economic policy issues.

Progression & Future Opportunities

Choosing to pursue a Bachelor of Science in Mathematics and Economics at American University opens the door to a wealth of career opportunities. Graduates from this program often find themselves in high-demand roles such as data analyst, financial consultant, and policy advisor. The combination of quantitative skills and economic theory equips students to tackle complex problems in various sectors, making them valuable assets in the job market.

Here’s what you can expect in terms of progression and future opportunities:

- University Services: The Career Center offers personalized career counseling, resume workshops, and interview preparation to help you stand out to employers. Additionally, the Kogod School of Business provides networking events and internship placements that connect students with industry leaders.

- Employment Stats and Salary Figures: According to recent data, graduates in this field have an impressive employment rate of over 90% within six months of graduation, with starting salaries averaging around $65,000, depending on the role and location.

- University–Industry Partnerships: American University has established partnerships with organizations such as the World Bank and the International Monetary Fund, providing students with unique internship and job opportunities that enhance their practical experience.

- Long-term Accreditation Value: The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring that the education you receive meets the highest standards and is recognized globally.

- Graduation Outcomes: Alumni from the Mathematics and Economics program have gone on to work for top firms and government agencies, with many pursuing advanced degrees in economics, finance, or public policy.

Further Academic Progression: After completing your BS in Mathematics and Economics, you can consider advancing your studies through a Master’s program in Economics, Data Science, or Business Administration. American University also offers a range of graduate certificates that can enhance your expertise in specialized areas, preparing you for leadership roles in your chosen field. This pathway not only deepens your knowledge but also significantly boosts your career prospects.