Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2021-2022

Economics

School of Business

 
Program description

Economics is the science of human choice, the study of how individuals and businesses allocate scarce resources among competing uses. As an economics major, you’ll gain an understanding of markets and incentives, and learn to evaluate current events and assess public policy. From our gateway course to our capstone programs, you’ll develop the analytical and communication skills valued by employers. Our curriculum focuses on applying quantitative and data analysis expertise to address business, public policy, and socioeconomic concerns. We also help you build and refine your communication skills, preparing you to present your work professionally with confidence.

Career opportunities

Undergraduate work in economics is excellent preparation for careers in business, government, and teaching, as well as for graduate work in economics and professional schools such as law, public administration, and medicine. Specialization in economics prepares students for careers that emphasize analytical thinking, a broad understanding of the economy and business organizations, and the impact firm/government decisions have upon consumers, firms, and the economy as a whole. Because of their analytical, quantitative and decision-making skills, students who major in economics are sought after for a wide array of positions. In particular, the specific skills economics majors acquire provide employment opportunities in large organizations that forecast business conditions and analyze economic data.

Change of major requirements

Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/


Bachelor-level job titles
  • Budget, Financial, or Public Policy Analyst
  • Economist
  • Information Scientist
  • Journalist
  • Loan Officer
  • Personal Financial Advisor
  • Research Assistant
  • Statistician
  • Underwriter
  • Urban Planner
Graduate and professional level job titles
  • College Professor
  • Economic Consultant
  • Financial Manager
  • Policy Advisor
Highest level of math required
  • ECON 501 or SCMA 302 or STAT 314
  • MATH 200 or BUSN 212
Science required
  • Core only
Foreign language requirements
  • No
Additional tuition/fees
  • Yes
GPA requirements (to progress/graduate in the major)
  • 2.5+ cumulative GPA to declare major, 2.0+ cumulative GPA to graduate, and 2.0+ major GPA to graduate
Department name:
Department of Economics
Building/room location:
Snead Hall, Room B3153
Phone:
(804) 828-1717
Email:
econ@vcu.edu
Campus (where 75% of courses are taken):
Monroe Park

Major map compass icon
Major map

Explore
MAXIMIZE COURSE AND DEGREE PLANNING
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
PREPARING FOR LIFE AFTER COLLEGE

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
  • Make friends with diverse perspectives and join a cultural or identity-related student organization.
  • Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses.
  • Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty.
  • Apply for the Critical Languages Scholarship.
  • Consider short-term, semester and year-long Study Abroad opportunities.
  • Get to know other VCU students and meet new friends from all over the world at a monthly Global Café.
  • Join a cultural or identity-related organization.
  • Investigate spending a summer abroad with the International Consulting Program.
  • Consider learning a language; open doors to international organizations & future study.
  • Participate in VCU Arts Qatar Day and apply for the Qatar Leadership Exchange.
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
  • Apply for externships through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan ahead to complete at least 2 internships before the start of your 4th year.
PREPARING FOR LIFE AFTER COLLEGE
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation. 
  • Get plugged into VCULink to connect with students and alumni.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.
  • Join related professional organizations such as the Student Economics Association.

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Take summer or intersession classes to make up credits, if needed.
  • Consider applying for the accelerated 5-year BS to MA degree in Economics.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
  • Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor.
  • Update your ePortfolio.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Apply for summer research funding through VCU Undergraduate Research Opportunities Program.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Seek research opportunities to refine goals and learn the discipline required for success.
  • Try out for the College Fed Challenge.
  • Update your ePortfolio.
  • Schedule a time to meet with the department chair to discuss post-VCU career opportunities & grad school options.
PREPARING FOR LIFE AFTER COLLEGE
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Update your business resume to include new experiences you have gained and skills you have developed. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Attend the School of Business Career Fair.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and Business Career Services about graduate school versus a job.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.

Excel
MAXIMIZE COURSE AND DEGREE PLANNING
  • Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take an economics capstone course (ECON 431, 441, 442, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
  • Conduct independent undergraduate research in ECON 492.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Plan for how you will grow your cultural agility after graduation.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
  • Read scholarly articles about diversity in your field.
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
  • Meet with your academic or professional mentor and identify examples of your experiential learning to share with employers.
  • Publish your original research in Auctus: The Journal of Undergraduate Research and Creativity.
  • Consider becoming an educator through programs like RTR, which prepare graduates from a variety of majors to become teachers in high-need schools.
  • Continue to engage in research to create more content for your ePortfolio.
  • Present your research at conference/meeting such as UROP Undergraduate Research Symposium or other conferences. 
  • Reflect on the experiential learning you have engaged in thus far, and discuss with current or potential mentors (peers, faculty, advisors, alumni, professionals).
  • Complete at least one internship in ECON 493.
PREPARING FOR LIFE AFTER COLLEGE
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
  • Update your business resume to include new experiences, skills, and high level academic projects. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2021-2022

Economics

School of Business

Concentration(s):
No concentration
MAXIMIZE COURSE AND DEGREE PLANNING GET CONNECTED WITH YOUR COMMUNITY DEVELOP CULTURAL AGILITY EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS PREPARING FOR LIFE AFTER COLLEGE
Explore Year 1
Experience Year 2
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
  • Make friends with diverse perspectives and join a cultural or identity-related student organization.
  • Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses.
  • Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty.
  • Apply for the Critical Languages Scholarship.
  • Consider short-term, semester and year-long Study Abroad opportunities.
  • Get to know other VCU students and meet new friends from all over the world at a monthly Global Café.
  • Join a cultural or identity-related organization.
  • Investigate spending a summer abroad with the International Consulting Program.
  • Consider learning a language; open doors to international organizations & future study.
  • Participate in VCU Arts Qatar Day and apply for the Qatar Leadership Exchange.
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
  • Apply for externships through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan ahead to complete at least 2 internships before the start of your 4th year.
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation. 
  • Get plugged into VCULink to connect with students and alumni.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.
  • Join related professional organizations such as the Student Economics Association.
Year 3
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Take summer or intersession classes to make up credits, if needed.
  • Consider applying for the accelerated 5-year BS to MA degree in Economics.
  • Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor.
  • Update your ePortfolio.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Apply for summer research funding through VCU Undergraduate Research Opportunities Program.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Seek research opportunities to refine goals and learn the discipline required for success.
  • Try out for the College Fed Challenge.
  • Update your ePortfolio.
  • Schedule a time to meet with the department chair to discuss post-VCU career opportunities & grad school options.
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Update your business resume to include new experiences you have gained and skills you have developed. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Attend the School of Business Career Fair.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and Business Career Services about graduate school versus a job.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.
Excel Year 4
  • Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take an economics capstone course (ECON 431, 441, 442, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
  • Conduct independent undergraduate research in ECON 492.
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Plan for how you will grow your cultural agility after graduation.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
  • Read scholarly articles about diversity in your field.
  • Meet with your academic or professional mentor and identify examples of your experiential learning to share with employers.
  • Publish your original research in Auctus: The Journal of Undergraduate Research and Creativity.
  • Consider becoming an educator through programs like RTR, which prepare graduates from a variety of majors to become teachers in high-need schools.
  • Continue to engage in research to create more content for your ePortfolio.
  • Present your research at conference/meeting such as UROP Undergraduate Research Symposium or other conferences. 
  • Reflect on the experiential learning you have engaged in thus far, and discuss with current or potential mentors (peers, faculty, advisors, alumni, professionals).
  • Complete at least one internship in ECON 493.
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
  • Update your business resume to include new experiences, skills, and high level academic projects. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.