1. University of Michigan Ann Arbor
  2. Program
  3. Bachelors
  4. BS Economics

BS Economics

4 Months On Campus Bachelors Program

University of Michigan Ann Arbor

Program Overview

Program Overview
The BS in Economics at the University of Michigan offers a highly rigorous and quantitative curriculum focused on economic theory, statistics, and applied analysis. Ideal for students aiming for careers in research, policy, finance, or PhD programs, it develops strong analytical and data-driven skills.

Curriculum Structure
Year 1: Foundations in Micro, Macro & Mathematics
Students begin with ECON 101 (Principles of Microeconomics) and ECON 102 (Principles of Macroeconomics), alongside core math such as MATH 115 (Calculus I), establishing the building blocks for further specialization.

Year 2: Intermediate Theory & Econometrics
The second year introduces intermediate theory through ECON 401 and 402, and the statistical foundation via STAT 250/280 or ECON 451, emphasizing probability, estimation, and regression to support empirical work.

Year 3: Advanced Theory & Applied Skills
Students dive into advanced theory (ECON 453/454) and gain hands-on experience in research methods, focusing on empirical analysis and economic modeling under faculty guidance .

Year 4: Specialization & Independent Research
In their final year, students specialize through electives and may undertake a senior honors thesis (ECON 495) to apply their quantitative and research competencies in an independent project.

Focus Areas:
Microeconomics, Macroeconomics, Econometrics, Behavioral Economics, Development, Industrial Organization, Public Policy

Learning Outcomes:
Graduates develop deep theoretical understanding, proficiency in statistical and econometric tools, and the ability to conduct independent, data-driven research and clearly communicate insightful results.

Professional Alignment (Accreditation):
LCAS-accredited by LSA and adhering to rigorous standards, this BS degree is well respected for preparing students for analytical, technical, and policy-driven professions.

Reputation (Employability Rankings):
Michigan’s Economics Department is nationally recognized, with graduates widely sought by top-tier consulting firms, central banks, and graduate programs .

 

Experiential Learning (Research, Projects, Internships etc.)

At Michigan, students benefit from a wealth of hands-on experiences—whether through real client engagements or global perspectives, supported by top-tier resources:

  • Action-based projects via Michigan Ross’s REAL (Ross Experiences in Action‑based Learning), where undergrads help start or advise companies using real venture capital and entrepreneurial tools.

  • Institute partnerships with the Economic Growth Institute—students serve as research associates on live industry, policy, and community projects.

  • Global economic perspectives through study abroad programs integrated into the economics major .

  • University Business Engagement Center (BEC) connects undergrads with regional businesses for research, internships, and innovation collaborations.

  • Access to North Campus research labs, shared with Engineering and Business, plus public data tools for economic modeling.

  • Robust career advising and internship support via LSA’s Undergraduate Economics Office.

 

Progression & Future Opportunities

BS Economics — University of Michigan Ann Arbor

Graduates from the University of Michigan’s BS Economics program often secure roles as economic analysts, financial consultants, policy advisors, and data scientists:

  • University Career Services offers personalized career counseling, internship placement support, and access to the Handshake job portal with thousands of listings.

  • Employment stats show over 85% of graduates find employment within six months, with average starting salaries around $70,000.

  • Strong partnerships with firms like Deloitte, JP Morgan, and local government agencies provide internships and recruitment pipelines.

  • The program is accredited by the AACSB, ensuring rigorous academic standards recognized worldwide.

  • Graduates report high satisfaction, with many moving into influential roles in finance, government, and consulting sectors.

Further Academic Progression: Students can pursue graduate studies in economics, public policy, business analytics, or law at Michigan or other top institutions, building on strong quantitative and analytical skills from this degree.

Program Key Stats

$60946
$ 75
Aug Intake : RD 1st Feb EA/ED 1st Nov


26 %
No
No

Eligibility Criteria

ABB - AAA
3.8 - 4.0
36 - 40
90 - 95

1480 - 1570
33 - 35
7.0
100

Additional Information & Requirements

Career Options

  • Economist – Analyze economic data and trends to advise government agencies private corporations or consulting firms on policy markets or business strategy
  • Investment Banking Analyst – Support capital raising mergers and acquisitions and financial transactions by building detailed financial models and conducting valuations at investment banks
  • Data Analyst or Data Scientist – Use programming languages like Python R and SQL and statistical techniques to analyze large datasets and provide actionable insights for business or policy decisions
  • Actuary – Combine economics statistics and mathematics to assess and manage financial risks for insurance companies pension funds and financial service firms
  • Management Consultant – Advise organizations across industries on operational efficiency market entry and strategic challenges to improve overall performance
  • Financial Analyst – Evaluate company financial statements market conditions and investment opportunities to guide corporate finance portfolio management or banking decisions
  • Policy Analyst – Research and assess public policies related to economics labor health or education for think tanks NGOs or government agencies
  • Quantitative Analyst or Econometrician – Apply advanced quantitative methods and econometric models to forecast economic outcomes and guide investment or policy decisions
  • Certified Public Accountant CPA – Provide auditing tax planning and financial consulting services combine economic understanding with regulatory compliance in accounting firms or corporations
  • Economic Researcher – Conduct academic or applied research for universities government bodies like the Federal Reserve or Bureau of Labor Statistics or international organizations
  • Marketing Analyst – Analyze consumer data and market trends to optimize pricing strategies product launches and promotional campaigns for corporations
  • Financial Risk Analyst – Identify and quantify financial risks in banking insurance or corporate finance to develop risk mitigation strategies
  • International Development Specialist – Work on economic development projects focused on poverty reduction trade or policy reform for international agencies like USAID or the World Bank
  • Federal Reserve Analyst or Central Banker – Support monetary policy economic research and financial regulation to promote economic stability and growth at regional Federal Reserve Banks or the Board of Governors
  • Entrepreneur or Startup Founder – Leverage economic principles to build businesses especially in sectors like fintech healthtech or analytics-driven platforms

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