Economics (BS): Business Analytics Concentration
All economics students complete core courses in microeconomics and macroeconomics, as well as specialized elective courses in labor economics, industrial organization, game theory, international economics, econometrics and finance. Poole’s undergraduate economics program gives students the quantitative tools and critical thinking skills that prepare them for post-graduate study or careers in business, finance, government, public policy and more. What sets NC State’s economics major apart is the training in analytical methods, and focus on economic theory and business skills, to provide students opportunities in many career paths.
Business Analytics is the process of collecting, cleaning, analyzing, and visualizing data to inform business decisions. It is a rapidly growing field, as businesses are increasingly relying on data to drive their operations and strategies. The Business Analytics concentration at NC State University is designed to prepare students for careers in this exciting and in-demand field. Students in the concentration will learn how to use a variety of tools and techniques to collect, clean, analyze, and visualize data. They will also learn how to communicate their findings to business stakeholders in a clear and concise way.
The concentration's curriculum is designed to give students a strong foundation in the following areas: Data management and governance, Data mining, machine learning, and artificial intelligence in business, Statistical analysis, Data visualization, and Business intelligence. The concentration also offers a variety of elective courses that allow students to focus on specific areas of business analytics, such as marketing analytics, financial analytics, and operations analytics.
Contact
Poole College of Management
4172 Nelson Hall
Raleigh, NC 27695
919.515.5565
Website
Department of Economics
Plan Requirements
Overall GPA for all courses attempted at NC State must be 2.0 or higher; and
Overall GPA for all EC and ECG courses attempted at NC State must be 2.0 or higher.
| Code | Title | Hours |
|---|---|---|
| Requirements | ||
| EC 205 | Fundamentals of Economics | 3 |
| or EC 201 | Principles of Microeconomics | |
| or ARE 201 | Introduction to Agricultural & Resource Economics | |
| EC 301 | Intermediate Microeconomics | 3 |
| EC 302 | Intermediate Macroeconomics | 3 |
| EC 351 | Econometrics I | 3 |
| EC 451 | Econometrics II | 3 |
| EC 490 | Research Seminar in Economics | 3 |
| Business Analytics | ||
| BUS 340 | Information Systems Management | 3 |
| BUS 351 | Introduction to Business Analytics | 3 |
| Economics Electives | ||
| 400/500 Level Econ Electives | 6 | |
| 300/400/500 Level EC Electives | 6 | |
| Humanities and Social Sciences | ||
| Acad Writing and Research 1 | 4 | |
| GEP Social Sciences | 3 | |
| Select one of the following: | 3 | |
| Communication for Engineering and Technology | ||
| Communication for Business and Management | ||
| Communication for Science and Research | ||
| GEP Humanities | 6 | |
| GEP Elective | 3 | |
| Mathematical and Natural Sciences | ||
| Natural Sciences Sequence | 8 | |
| BUS/ST 350 | Economics and Business Statistics | 3 |
| or ST 312 | Introduction to Statistics II | |
| or ST 370 | Probability and Statistics for Engineers | |
| or ST 372 | Introduction to Statistical Inference and Regression | |
| GEP Natural Sciences | 7 | |
| MA 131 | Calculus for Life and Management Sciences A 3 | 3 |
| or MA 141 | Calculus I | |
| MA 231 | Calculus for Life and Management Sciences B | 3 |
| or MA 241 | Calculus II | |
| MA 114 | Introduction to Finite Mathematics with Applications | 3 |
| or MA 242 | Calculus III | |
| ST 307 | Introduction to Statistical Programming- SAS | 1 |
| or ST 308 | Introduction to Statistical Programming - R | |
| Interdisciplinary Perspectives | ||
| GEP Interdisciplinary Perspectives | 5 | |
| Physical Education | ||
| GEP Health and Exercise Studies | 2 | |
| Corequisites | ||
| GEP Global Knowledge (verify requirement) | ||
| GEP Foundations of American Democracy (verify requirement) | ||
| World Language Proficiency (verify requirement) | ||
| Concentration | ||
| BUS 440 | Database Management | 3 |
| BUS 458 | Analytics: From Data to Decisions | 3 |
| Concentration Electives (DSA courses may count for a max of 6 units) | 9 | |
| Financial Analytics | ||
| Financial Modeling | ||
| Business Analytics Practicum | ||
| Marketing Research | ||
| Digital Marketing Practicum 5 | ||
| Operations Modeling and Analysis | ||
| Decision Modeling and Analysis | ||
| Enterprise Resource Planning Systems: Implementation, Risk, and Analytics | ||
| Business Valuation | ||
| Analytics in Accounting and Finance | ||
| People Analytics 5 | ||
| Data Communication | ||
| Data Science for Social Good | ||
| Measuring Success | ||
| Data Wrangling and Web Scraping | ||
| Exploratory Data Analysis for Big Data | ||
| Data Internship Preparation for Social Impact | ||
| Exploring Machine Learning | ||
| Introductory Special Topics in Data Science 6 | ||
| Special Topics in Data Science 6 | ||
| Free Electives | ||
| Free Electives (12 Hr S/U Lmt) 2,4 | 15 | |
| Total Hours | 120 | |
- 1
C- or better
- 2
Students should consult their academic advisors to determine which courses fill this requirement.
- 3
The calculus requirement may be met by either of two sequences: MA 131 and MA 231 or MA 141 and 241. The MA 141 and 241 sequence is encouraged for students who qualify and aspire to take additional math. Students who choose the MA 141 and 241 sequence are strongly encouraged to take MA 242, which may substitute for MA 114.
- 4
Some courses will not count as free electives, such as WL 101, or 105 (in the language in which proficiency requirement is met), or MA 101, 103, 105. (12 hours of free electives may be taken for credit only.)
- 5
Course project must be approved by concentration contact for the course to count.
- 6
DSA 295 and 495 classes require permission from the concentration contact to fulfill this requirement.
400/500 Level Econ Electives
| Code | Title | Hours |
|---|---|---|
| ECG 515 | Environmental and Resource Policy | 3 |
| ECG 528 | Options and Derivatives Pricing | 3 |
| ECG 530 | Topics in Labor Economics | 3 |
| ECG 537 | Health Economics | 3 |
| ECG 540 | Economic Development | 3 |
| ECG 548 | International Economics | 3 |
| ECG 561 | Applied Econometrics I | 3 |
| ECG 562 | Applied Econometrics II | 3 |
| ECG 563 | Applied Microeconometrics | 3 |
| ECG 590 | Special Economics Topics | 1-6 |
| FIM 528 | Options and Derivatives Pricing | 3 |
| MA 528 | Options and Derivatives Pricing | 3 |
| MBA 528 | Options and Derivatives Pricing | 3 |
| ST 561 | Applied Econometrics I | 3 |
| Econ Electives II A | ||
| EC 404 | Money, Financial Markets, and the Economy | 3 |
| EC 410 | Public Finance | 3 |
| EC 413 | Industrial Organization | 3 |
| EC 431 | Labor Economics | 3 |
| EC 437 | Health Economics | 3 |
| EC 449 | International Finance | 3 |
| EC 451 | Econometrics II | 3 |
| EC 468 | Game Theory | 3 |
| EC 474 | Economics of Financial Institutions and Markets | 3 |
| EC 490 | Research Seminar in Economics | 3 |
| EC 495 | Special Topics in Economics | 1-6 |
| EC 498 | Independent Study in Economics | 1-6 |
300/400/500 Level EC Electives
| Code | Title | Hours |
|---|---|---|
| Econ Electives I | ||
| ARE 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 336 | Introduction to Resource and Environmental Economics | 3 |
| Econ Electives I A | ||
| ARE 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 305 | A Closer Look at Capitalism | 3 |
| EC 336 | Introduction to Resource and Environmental Economics | 3 |
| EC 348 | Introduction to International Economics | 3 |
| EC 351 | Econometrics I | 3 |
| Econ Electives II | ||
| ECG 515 | Environmental and Resource Policy | 3 |
| ECG 528 | Options and Derivatives Pricing | 3 |
| ECG 530 | Topics in Labor Economics | 3 |
| ECG 537 | Health Economics | 3 |
| ECG 540 | Economic Development | 3 |
| ECG 548 | International Economics | 3 |
| ECG 561 | Applied Econometrics I | 3 |
| ECG 562 | Applied Econometrics II | 3 |
| ECG 563 | Applied Microeconometrics | 3 |
| ECG 590 | Special Economics Topics | 1-6 |
| FIM 528 | Options and Derivatives Pricing | 3 |
| MA 528 | Options and Derivatives Pricing | 3 |
| MBA 528 | Options and Derivatives Pricing | 3 |
| ST 561 | Applied Econometrics I | 3 |
| Econ Electives II A | ||
| EC 404 | Money, Financial Markets, and the Economy | 3 |
| EC 410 | Public Finance | 3 |
| EC 413 | Industrial Organization | 3 |
| EC 431 | Labor Economics | 3 |
| EC 437 | Health Economics | 3 |
| EC 449 | International Finance | 3 |
| EC 451 | Econometrics II | 3 |
| EC 468 | Game Theory | 3 |
| EC 474 | Economics of Financial Institutions and Markets | 3 |
| EC 490 | Research Seminar in Economics | 3 |
| EC 495 | Special Topics in Economics | 1-6 |
| EC 498 | Independent Study in Economics | 1-6 |
Acad Writing and Research
| Code | Title | Hours |
|---|---|---|
| Acad Writing Research | ||
| ENG 101 | Academic Writing and Research | 4 |
| WLEN 101 | Academic Writing and Research | 4 |
| Transfer Sequence | ||
| ENG 202 | Disciplinary Perspectives in Writing | 3 |
| ENG 1GEP | Course ENG 1GEP Not Found | 3 |
Natural Science Sequence
| Code | Title | Hours |
|---|---|---|
| Chemistry Sequence | ||
| CH 101 | Chemistry - A Molecular Science | 3 |
| CH 102 | General Chemistry Laboratory | 1 |
| CH 201 | Chemistry - A Quantitative Science | 3 |
| CH 202 | Quantitative Chemistry Laboratory | 1 |
| Geology Sequence | ||
| MEA 101 | Geology I: Physical | 3 |
| MEA 110 | Geology I Laboratory | 1 |
| MEA 202 | Geology II: Historical | 3 |
| MEA 211 | Geology II Laboratory | 1 |
| Physics I Sequence | ||
| PY 201 | University Physics I | 4 |
| PY 202 | University Physics II | 4 |
| Physics II Sequence | ||
| PY 205 | Physics for Engineers and Scientists I | 4 |
| PY 206 | Physics for Engineers and Scientists I Laboratory | 1 |
| PY 208 | Physics for Engineers and Scientists II | 4 |
| PY 209 | Physics for Engineers and Scientists II Laboratory | 1 |
| Physics III Sequence | ||
| PY 211 | College Physics I | 4 |
| PY 212 | College Physics II | 4 |
| Zoology Sequence | ||
| Biology Sequence | ||
| BIO 181 | Introductory Biology: Ecology, Evolution, and Biodiversity | 4 |
| BIO 183 | Introductory Biology: Cellular and Molecular Biology | 4 |
| First Year | ||
|---|---|---|
| Fall Semester | Hours | |
| ENG 101 | Academic Writing and Research 1 | 4 |
| GEP Humanities | 3 | |
| MA 131 or MA 141 | Calculus for Life and Management Sciences A 2 or Calculus I | 3 |
| GEP Natural Sciences (Sequence) | 4 | |
| GEP Health and Exercise Studies | 1 | |
| FL Proficiency | 0 | |
| Hours | 15 | |
| Spring Semester | ||
| EC 205 | Fundamentals of Economics or Principles of Microeconomics or Introduction to Agricultural & Resource Economics | 3 |
| GEP Natural Sciences (Sequence) | 4 | |
| GEP Humanities | 3 | |
| MA 231 or MA 241 | Calculus for Life and Management Sciences B 2 or Calculus II | 3 |
| GEP Health and Exercise Studies | 1 | |
| Global Knowledge | 0 | |
| Hours | 14 | |
| Second Year | ||
| Fall Semester | ||
| EC 301 | Intermediate Microeconomics | 3 |
| BUS 340 | Information Systems Management | 3 |
| MA 114 or MA 242 | Introduction to Finite Mathematics with Applications or Calculus III | 3 |
| GEP Natural Sciences | 4 | |
| GEP Interdisciplinary Perspectives | 3 | |
| Hours | 16 | |
| Spring Semester | ||
| ST/BUS 350 | Economics and Business Statistics | 3 |
| EC 302 | Intermediate Macroeconomics | 3 |
| BUS 351 | Introduction to Business Analytics | 3 |
| GEP Elective | 3 | |
| Free Electives | 4 | |
| Hours | 16 | |
| Third Year | ||
| Fall Semester | ||
| EC 351 | Econometrics I | 3 |
| BUS 440 | Database Management | 3 |
| Select one of the following: | 3 | |
| Communication for Engineering and Technology | ||
| Communication for Business and Management | ||
| Communication for Science and Research | ||
| Economics Elective | 3 | |
| GEP Interdisciplinary Perspectives | 2 | |
| ST 307 or ST 308 | Introduction to Statistical Programming- SAS or Introduction to Statistical Programming - R | 1 |
| Hours | 15 | |
| Spring Semester | ||
| EC 451 | Econometrics II | 3 |
| BUS 458 | Analytics: From Data to Decisions | 3 |
| Economics Elective | 3 | |
| Free Electives | 6 | |
| Hours | 15 | |
| Fourth Year | ||
| Fall Semester | ||
| Economics Electives | 6 | |
| Concentration Elective | 3 | |
| GEP Social Sciences | 3 | |
| GEP Natural Sciences | 3 | |
| Hours | 15 | |
| Spring Semester | ||
| EC 490 | Research Seminar in Economics | 3 |
| Concentration Electives | 6 | |
| Free Electives | 5 | |
| Hours | 14 | |
| Total Hours | 120 | |
- 1
Must be completed with “C-” or better.
- 2
The calculus requirement may be met by either of two sequences: MA 131 and MA 231 or MA 141 and 241. The MA 141 and 241 sequence is encouraged for students who qualify and aspire to take additional math. Students who choose the MA 141 and 241 sequence are strongly encouraged to take MA 242, which may substitute for MA 114.
GPA Graduation Requirements
- Overall GPA for all courses attempted at NC State must be 2.0 or higher; and
- Overall GPA for all EC and ECG courses attempted at NC State must be 2.0 or higher
Career Opportunities
An undergraduate degree in economics has long served as the foundation for advanced professional degrees in law and business, graduate study in economics, as well as jobs in business, industry and government.
Career Titles
- Actuary
- Administrative Service Manager
- Business Professor
- Community Outreach Manager
- Compensation Administrator
- Compensation Specialist
- Customer Service Supervisor
- Economics Professor
- Economist
- Employment Administrator
- Environmental Economists
- Environmental Research Analyst
- Equal Opportunity Representative
- Event / Convention Planner
- Financial Analyst
- Financial Examiner
- Financial Planner
- Fundraising Manager
- Government Budget Analyst
- Government Service Executives
- Insurance Claim Examiner
- Intelligence Specialist (Government)
- Internal Auditor
- Investment Fund Managers
- Management Analyst
- Market Research Analyst
- Marketing Managers
- Occupational Analyst
- Operations Research Analyst
- Personnel Administrator
- Product Planner
- Public Relations Manager
- Public Relations Specialist
- Retail Buyer
- Retail Sales Department Supervisor
- Social and Community Service Managers
- Sociologist
- Survey Researchers
- Tax Assessor
- Transportation Planners
- Urban and Regional Planner
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