Bachelor of Science in Quantitative Economics and Data Analytics draft
Program Overview
The Bachelor of Science in Quantitative Economics and Data Analytics (BS QEDA) at the University at Albany equips students with the skills to apply economic and econometric methods to real-world problems. The program prepares graduates for careers in diverse fields, including finance, labor, health, and development, and provides a strong foundation for graduate study. Students develop expertise in economic analysis, data analytics, and communication, and benefit from a STEM designation and access to research and internship opportunities.
Program Outline
Degree Overview:
The BS QEDA program equips students with the ability to apply economic and econometric methods to real-world problems. It prepares them for careers in diverse fields such as labor, health, finance, trade, business, public finance, macroeconomics, and development.
Program Objectives:
- Understand economic issues and problems faced by individuals, organizations, and society.
- Utilize state-of-the-art statistical and econometric tools to analyze economic data and test hypotheses.
- Communicate economic findings effectively in oral and written formats.
- Develop expertise in specific areas of economic study such as labor, finance, public finance, international trade, development, health, and the environment.
Outline:
- Program Structure: The program consists of 120 credits, including coursework in microeconomics, macroeconomics, econometrics, statistics, calculus, and electives.
- Course Schedule: Courses are offered during the fall and spring semesters, with some summer offerings available.
- Modules: Some key modules include:
- Microeconomics: Analyzes individual behavior and market interactions.
- Macroeconomics: Explores the economy as a whole, including factors like inflation, unemployment, and economic growth.
- Econometrics and Data Analytics: Provides students with the tools to analyze economic data and test economic theories.
- Calculus: Provides the mathematical foundation for economic analysis.
- Electives: Students can choose from a variety of electives to specialize in areas of interest, such as finance, international trade, or development economics.
- Capstone Course: Students complete a capstone course in applied econometrics, where they conduct an empirical analysis of an economic question.
Assessment:
- Students are assessed through a variety of methods, including exams, assignments, presentations, and the capstone project.
- The program uses a variety of assessment criteria, including accuracy, clarity, critical thinking, and originality.
Teaching:
- The program employs a variety of teaching methods, including lectures, discussions, case studies, and hands-on exercises.
- The faculty members are experts in their fields and are committed to providing students with a high-quality education.
- The program offers opportunities for undergraduate research and internships.
Careers:
- Graduates of the BS QEDA program are well-prepared for careers in a variety of fields, including:
- Financial Analyst (corporate or independent)
- Economist (bank or corporation)
- Consultant or Advisor on labor matters
- Economic policy maker in government agencies
- Financial Department Leader at a health care provider
- Monetary Director at a nonprofit or non-governmental organization
- MBA programs
Other:
- The BS QEDA program is designated as a STEM program, making international students eligible for extended Optional Practical Training (OPT) and STEM OPT work authorization.
- The program is housed in the Department of Economics, which is ranked among the top 100 economics departments in the nation.
- The University at Albany is located in the capital city of New York, offering students access to a variety of cultural and professional opportunities.
Overview:
University at Albany, also known as the University at Albany - State University of New York, is a public research university located in Albany, New York. It is part of the State University of New York (SUNY) system and has a long history, having been established in 1844. The university is known for its diverse academic programs, strong research focus, and commitment to public engagement.
Services Offered:
The university offers a wide range of services to its students, including:
Academic Advising:
Provides guidance and support to students in choosing courses, planning their academic careers, and navigating university resources.Libraries:
Offers access to a vast collection of books, journals, databases, and other research materials.Career Services:
Assists students in exploring career options, developing job search skills, and connecting with potential employers.Student Life:
Provides opportunities for students to get involved in extracurricular activities, clubs, organizations, and social events.Residential Life:
Offers on-campus housing options for students, fostering a sense of community and providing support services.Dining:
Provides a variety of dining options on campus, catering to different dietary needs and preferences.Athletics:
Offers a variety of intercollegiate sports programs for students to participate in or cheer for.Student Life and Campus Experience:
Students at University at Albany can expect a vibrant and engaging campus experience. The university offers a wide range of opportunities for students to get involved in extracurricular activities, clubs, organizations, and social events. The campus is located in a city setting, providing easy access to cultural attractions, entertainment venues, and dining options.
Key Reasons to Study There:
Diverse Academic Programs:
The university offers a wide range of undergraduate and graduate programs across various disciplines, allowing students to pursue their interests and career goals.Strong Research Focus:
The university is a leading research institution, providing students with opportunities to engage in research projects and collaborate with faculty experts.Commitment to Public Engagement:
The university is deeply committed to serving the community and addressing societal challenges through research, outreach, and public service initiatives.Faculty Access:
The university has a low student-faculty ratio, ensuring that students have ample opportunities to interact with and learn from their professors.Academic Programs:
The university offers a wide range of academic programs, including:
Undergraduate Programs:
Over 50 undergraduate majors across various disciplines, including the arts, sciences, humanities, social sciences, business, education, and engineering.Graduate Programs:
A wide range of graduate programs, including master's and doctoral degrees, in fields such as business, education, public health, criminal justice, and the sciences.Online Learning:
Offers a variety of online courses and programs for students who prefer flexible learning options.Other:
The university has a strong alumni network, with over 195,000 alumni who support the university and its students. The university is also home to a number of research centers and institutes, focusing on areas such as nanotechnology, public health, and environmental science.
Entry Requirements:
High School Requirements:
The Bachelor of Science in Quantitative Economics and Data Analytics program at the University at Albany requires applicants to have completed the following high school courses:
- Mathematics: Four years of mathematics, including Algebra I, Algebra II, Geometry, and either Pre-Calculus or Trigonometry.
- English: Four years of English.
- Foreign Language: Two years of the same foreign language.
- Laboratory Science: Two years of laboratory science, including at least one year of biology, chemistry, or physics.
- Social Studies: Three years of social studies, including at least one year of history.
Standardized Test Scores:
Applicants are required to submit scores from one of the following standardized tests:
- SAT: Minimum score of 1200 on the combined Math and Critical Reading sections.
- ACT: Minimum score of 27 on the Composite score.
Additional Requirements:
- A strong academic record, with a GPA of 3.0 or higher.
- A letter of recommendation from a high school counselor or teacher.
International Students (Outside the EU):
International students are required to demonstrate proficiency in the English language. This can be done by submitting scores from one of the following tests:
- TOEFL: Minimum score of 80 on the internet-based test.
- IELTS: Minimum score of 6.5. International students must meet the minimum score requirements on one of the following tests:
- TOEFL: Minimum score of 80 on the internet-based test.
- IELTS: Minimum score of 6.5. The program welcomes applications from both domestic and international students who meet the eligibility criteria.
