Faculty of Business Administration
Bachelor of Economics Program in Business Economics
  • Bachelor of Economics program in business economics provides the students an interesting blend of Economics and business studies with practical relevance.
  • An opportunity to better understand real world business phenomena and make sound business decisions.
  • Courses are taught by highly qualified full-time and part-time faculty members with sound teaching and research experiences.
Rationale

With rapid changes as a result of the globalization and technological development, business enterprises face new challenges. There is an increasing need for people with practical economics skills, people capable of making economic analysis and reasoning, people with critical thinking and analytical skills and people capable of making sound business decisions.

  • Business Economics as a social science is very valuable for understanding the modern social organizations and many public issues.
  • Business Economics as a way of thinking is important to develop the critical thinking and analytical skills and provide a systematic way to analyze organization performance and problems.
  • Business Economics provides corporate managers the information needed to make decisions on project feasibility, marketing and pricing of products and understanding the impact of government economic policies on the operations of business.

Program Objectives

  • To be the regions foremost undergraduate business program in business economics.
  • To develop skills in terms of writing proficiency critical analysis and thinking skills.
  • To enable the students to interpret economic information, make economic analysis and forecasting useful for business decision making
  • To enable the students to apply economic reasoning to understand every aspect of the management and the organization.
  • To prepare the students for graduate studies in business economics and related discipline and for a career in the public and the private sectors.

Qualifications

  • M.6 certificate (grade 12) or its equivalent as issued by the Ministry of Education or G.C.E. ‘O’ level (or IGCSE) not less than “C” in 5 subjects or high school certificates from accredited institutions (12 years schooling) are equivalent to M.6.
  • Clear record of good behavior.
  • Good physical and mental health.
  • Working knowledge of English and Mathematics.

Admission Requirements

  • The result of SAT (Math Part) = 570 and TOEFL = 500 (C = 173) or IELTS = 6
    or
  • Entrance examination will be arranged by Assumption University and interview.

Graduation Requirements

ABAC confers the degree of Bachelor of Economics Program in Business Economics upon the students who meet all the general requirements and the specific requirements listed below:

  • General Requirements
    To be qualified for graduation, the student must:
    - Meet the requirements in the curriculum with accumulated credits not less than 144.
    - Have participated in 16 sessions of the Seminar in Business Ethics.
    - Have a cumulative grade point average of 2.00 or above.
    - Have library and financial clearance with the University.
    - Have good behavior and discipline.
    - Have made a formal application for graduation.
  • Specific Requirements
    - The students must have at least a “C” grade in all major required courses.

Curriculum Structure
Requirements
Number of Courses
Number of Credits
General Education Courses
15
45
Basic Courses
11
33
Major Required Courses
10
30
Major Elective Courses
4
12
Business Concentration:  
   Business Concentration Required Courses
5
15
   Business Concentration Elective Courses
2
6
Free Elective Courses
1
3
Total
48
144

Business Concentration

Students can choose business options that match their career goal.

  • Business Information Systems
  • Finance and Banking
  • International Business Management Marketing
  • Property Valuation Management

Career Opportunities

The program offers great diversity and flexibility in terms of career opportunities in both the public and the private sectors include;

  • Economic forecasting and planning
  • Financial analyst/credit Analyst in financial institutions
  • Marketing researcher/analyst
  • Portfolio analyst
  • Management consulting
  • Industrial economist
  • Cost benefit analyst
  • Positions in international organizations such as World Bank, Asian Development Bank