Understanding the fundamentals of economics is excellent preparation for careers in business, industry, banking and government, graduate work in economics and social sciences, and advanced professional education in law, journalism, and business.
RMU’s economics program provides insight into decision-making, which is applicable in both the public and private sectors of the economy. Our faculty members bring real-world experience to the classroom, and the state-of-the-art facilities in the brand-new School of Business building give you hands-on experience in a corporate setting. As a result, you hit the ground running, primed with the confidence and knowledge you need to land a good job and succeed in this competitive field.
Studies lead to the Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in economics.
The economics program equips you to:
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2010 national mean bachelor-level, entry-level salaries: (information from the National Association of Colleges and Employers) |
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By type of employer |
By job function |
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Accounting Services |
$54,746 |
Accounting (Private) |
$50,875 |
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Aerospace |
$52,332 |
Accounting (Public) |
$48,906 |
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Banking (Commercial) |
$50,037 |
Auditing (Private) |
$49,583 |
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Banking (Investment) |
$59,313 |
Commercial Banking (Lending) |
$43,799 |
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Consulting Services |
$59,994 |
Consulting |
$56,811 |
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Financial Services |
$50,403 |
Financial/Treasury Analysis |
$53,926 |
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Government (Federal) |
$42,209 |
Insurance (Underwriting) |
$48,500 |
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Household & Personal Care Products |
$49,375 |
Investment Banking (Corporate Finance) |
$53,761 |
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Insurance |
$45,043 |
Management Trainee |
$44,831 |
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Petroleum & Coal Products |
$53,500 |
Portfolio Management/Brokerage |
$51,179 |
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Retail/Wholesale Trade |
$44,187 |
Sales |
$40,292 |
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2009 RMU Salary Survey: |
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Finance Majors: |
Mean: $39,914 |
Range: $30,200- $47,200 |
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Below is a typical four-year course of study for economics students, including major requirements and electives. Your own schedule will vary based on your own interests.
| FRESHMAN/Fall Semester | FRESHMAN/Spring Semester |
| Reading & Writing Strategies or Intercultural Communications |
Argument and Research |
| Principles of Macroeconomics | Principles of Microeconomics |
| History Elective or Political Science Elective |
Intro Decision Support Systems |
| Humanities: Art and Music | Principles of Sociology or Contemporary American Social Problems |
| General Psychology | Elective |
| SOPHOMORE/Fall Semester | SOPHOMORE/Spring Semester |
| Intro to Financial Accounting | Managerial Accounting |
| Legal Environment of Business | Business Professional Communications |
| Public Speaking and Persuasion | Intermediate Macroeconomics |
| Finite Math and Applied Calculus | Management Theory and Practice |
| Introduction to Ethics | Principles of Marketing |
| Science Elective | Statistics |
| JUNIOR/Fall Semester | JUNIOR/Spring Semester |
| Business Enterprise/Public Policy | International Business |
| Management Science | Economics Elective |
| Principles of Finance | Internship or Non-business elective |
| Business Elective | Business Elective |
| Internship or Non-business elective | Business Elective |
| SENIOR/Fall Semester | SENIOR/Spring Semester |
| Technology Issues and Topics | Strategic Management |
| Internship or Non-business elective | Economics Elective |
| Non-business Elective | Internship or Non-business Elective |
| Business Elective | Business Elective |
| Business Elective | Business Elective |
Internship Employers:
Acacia Financial, Atlas Brokerage, ESPN, First Investors Corp., Jackson-Hewitt, Prudential Financial, Tri-Point Mortgage, UPMC Health System, U.S. Steel, West Penn Financial Group.
RMU’s business faculty is a diverse group with corporate and global business experience, bringing the advantage of real-world knowledge directly into the classroom. Many hold professional certifications in their discipline, and they guide our students in pursuing professional certifications.
Our faculty members are actively involved with the business community and professional organizations, providing endless educational and networking opportunities for our students, both in and outside of classroom. They also conduct applied research projects on emerging business topics involving our students. They take pride in getting to know their students from day one and in being part of their career path after graduation.
Scholarships are available based upon academic achievement.
For freshmen, high school grade point average and ACT/SAT scores are used. For transfer students, the cumulative grade point average of all college courses is used. Scholarships range from $1000 per year up to full tuition. (To calculate your scholarship eligibility, click here.)
Higher education is an investment in your future.
At Robert Morris University, we will work closely with you to show you how to finance your education through a combination of need-based financial aid, scholarships, and financing strategies to make your education attainable. RMU has one of the lowest tuition rates of all private institutions in the state, but we know that financing your education can be complicated, and your family might need help in understanding your options.
Talk to us—we can help!
Email us at finaid@rmu.edu
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