MBA: Applied Economics

MBA: Applied Economics Degree: Master of Business Administration, Applied Economics Concentration

About the MBA in Economics

Practitioners of applied economics use theoretical models and econometric tools to address real-world problems in business, public policy and behavioral analysis. You’ll learn to make data-driven decisions and answer complex economic questions with an MBA in economics from California University of Pennsylvania.

The accredited MBA economics concentration at Cal U provides a foundation in microeconomic and macroeconomic theory, along with the data analysis skills required to put this knowledge to use in real situations. As part of Cal U’s MBA program, you’ll also learn to integrate business concepts across a range of disciplines; master skills in decision-making, teamwork and leadership; and use evidence as the basis for organizational strategy.

Learn your way

Cal U’s 36-credit economics MBA includes a mix of online and on-campus courses. Our online courses are asynchronous, so you can learn from anywhere, at any time.

You can choose to attend on-campus courses in person or virtually, through multimodal web conferencing technology. This “distance learning” option gives you the flexibility to attend some classes in person or complete your degree 100% online.

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Program Highlights: MBA in Applied Economics

BUILD SKILLS: As an accounting student in Cal U’s MBA program, you’ll work closely with industry professionals to develop the technical and research skills that employers value. You’ll learn to use accounting-specific tools such as the FASB Accounting Standards Codification® software and various tax research databases – hands-on skills that may give you a competitive edge in the job market.

CAREER-READY: The Bureau of Labor Statistics reports that “globalization, a growing economy and a complex tax and regulatory environment” are driving a strong demand for accountants and auditors. Technology may take over some routine accounting functions in the coming years, the BLS reports, but accountants will continue to be valued for their advisory and analytical skills.

Learn more about applying

31%
Percentage of economists are employed in local, state or federal government positions, according to the Bureau of Labor Statistics.
$104,340 
Median annual wage for economists in 2018, the Bureau of Labor Statistics reports. 
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Degree Benefits

Cal U’s MBA in economics includes:

  • Core cross-disciplinary courses that build the collaborative, decision-making and leadership skills employers demand.
  • Concentration courses focused on the foundational knowledge and technical skills required for success as an economist.
  • Elective courses that let you tailor your graduate-level business degree to your individual career goals.

This flexible MBA in economics program can be completed in 15 months of full-time study, or on a part-time schedule.

 
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Graduate Outcomes

Master’s degrees in economics are among the most lucrative, according to employment websites Monster and Payscale – and job growth for economists is expected to grow by 8%, faster than the average for all occupations, between 2018 and 2028. Graduates of Cal U’s applied economics program are prepared for employment as consultants, public policy analysts, risk managers, financial managers, actuarial analysts, market research analysts, data scientists and more.

 

MBA: Applied Economics Curriculum, Admission Requirements and Related Programs

Curriculum


Course Credits
Core Courses  
MBA 700  Business Foundations 3
MBA 710  Quantitative Reasoning and Analysis 3
MBA 720  Leading the Enterprise 3
MBA 730  Managerial Decision Making 3
MBA 740  Business, Government and Society 3
MBA 750  MBA Capstone 3
   
Course Options (Specialized Courses)  
ECO 710  Advanced Microeconomics 3
ECO 720  Advanced Macroeconomics 3
ECO 730  Applied Econometric Analysis 3
BUS 740  Forecasting and Predictive Modeling 3
Business Electives (500-level or higher ACC, BUS, ECO, ENP, FIN, HRM, MGT, MIS or MKT) 6
   
Total 36


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Admission Requirements


REGULAR ADMISSION

  • Bachelor's degree with a GPA of 3.00 or higher (Students with a GPA below 3.00 may apply for conditional admission)
  • Official transcripts from an accredited undergraduate institution
  • Professional resume
  • GMAT suggested


CONDITIONAL ADMISSION

  • Conditional Admission may be granted with the following modifications of the Regular Admissions Requirements:

    Bachelor's degree with a GPA under 3.00 will be reviewed for a decision


PROVISIONAL ADMISSION

  • Applicants who have provided unofficial documentation of test scores,transcripts or lack of letter(s) of recommendation may be admitted provisionally.

    This policy also applies to undergraduate students who apply for graduate admission pending bachelor degree completion. Upon receipt of all official documents, a student will be changed from Provisional Admission to either Regular Admission or Conditional Admission. Provisional Admission students may take classes for one term but will not be eligible for Federal Financial Aid. 


HOW TO APPLY

  • Complete the Graduate School Application
  • Submit the nonrefundable $35 Application Fee
  • Submit official transcripts by mail or email to:

    • School of Graduate Studies and Research
      California University of Pennsylvania
      Box 91
      250 University Ave. 
      California, PA 15419
    • EmailGRADadmissions@calu.edu
      Phone: 724-938-4187
Related Programs

Other MBA Concentrations:

  • Accounting: Prepare to manage accounting information within a business enterprise.
  • Applied economics: Learn to apply economic theory and analysis skills to address issues in business, public policy and behavioral analysis.
  • Business analytics: Explore trends in information technology and transform data into meaningful tools that drive business strategies.
  • Healthcare management: Develop tools and skills pertinent to business careers within a variety of healthcare settings.
  • ManagementEnhance personal leadership competencies and build skills that can be used to solve problems and generate results.
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What is applied economics?

Practitioners of applied economics help businesses, organizations and government entities make smart choices based on their knowledge of economic theories, data analysis and proven approaches to problem solving. These professionals are adept at making well-founded projections and framing complex issues in a manner that permits sound decision-making about business strategies, public policies and financial choices.

Economics masters degree teacher in classroom.

Job prospects

The MBA and economics are an ideal pairing: The Bureau of Labor Statistics reports that job prospects are best for economists who have an advanced degree, strong analytical skills and experience using statistical analysis software – precisely the preparation provided by Cal U’s applied economics concentration.

Faculty

Dr. Stephanie Adam
Associate Professor

adam@calu.edu

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Dr. Ahmet Akgun
Associate Professor

akgun@calu.edu

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Dr. Adnan Chawdhry
Associate Professor

chawdhry_a@calu.edu

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Dr. Joshua Chicarelli
Associate Professor

chicarelli@calu.edu

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Dr. Paul Hettler
Professor

hettler@calu.edu

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Dr. Elizabeth Jones
Associate Professor

jones_e@calu.edu

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Dr. Richard LaRosa
Associate Professor

larosa@calu.edu

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Dr. Mark Lennon
Associate Professor

lennon@calu.edu

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Dr. Edmund Matecki
Department Chair / Assistant Professor

matecki@calu.edu

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