Studying Business Economics at Canterbury
What is Business Economics?
Innes Hammond - Business Economics
Business Economics applies the tools and the rigour of Economics to business situations.
Business Economics students must include Finance in their course of study and a minor from the Bachelor of Commerce (excluding Economics). Students must also take the required capstone course ECON 310, the purpose of which is to allow students to practise using the skills of economics in a business and commercial setting.
Graduates not only have the strength of economics in their degree but also a strong second discipline. The addition of a Master of Business Management (MBM) makes this an attractive bundle for those looking to enter the business and commercial world.
Graduates in Business Economics are well prepared for employment in many areas of government and business, where it is recognised that an economist's education provides valuable training for a professional career as well as good preparation for an executive, entrepreneurial or administrative career.
The combination of a business oriented economics education with courses in finance and another discipline from commerce results in a strong degree where students are equipped with a wide range of analytical and problem solving skills that the market values. Students who complete the total package with an MBM are very well equipped.
A degree in Business Economics leads to the Master in Business Management (MBM). (Students who wish to achieve the qualifications for Chartered Accountancy can elect to enter the Master of Professional Accounting (MPA).
The MBM is an intensive 15 to 18 month professional management degree that includes a substantial (60 point) project in an business or organisation.
Planning your degree
The Business Economics major is only available in the BCom. You must include a minor from the BCom (excluding Economics). Business Economics students do not require mathematics unless they wish to minor in Finance.
- ECON 104 Introduction to Microeconomics
- ECON 105 Introduction to Macroeconomics
- STAT 101 Statistics I
- ACCT 102 Accounting and Financial Information
- INFO 123 Information Systems and Technology
- MGMT 100 Fundamentals of Management
- FINC 101 Personal Finance
As Business Economics students are required to include 75 points at 200-level from the list of required courses from another BCom major (similar to a “minor”), you should take other 100-level courses that allow you to progress to 200-level in that other discipline. The list of other disciplines and the relevant 100-level courses are:
|HR Management||no further 100-level courses required|
|Operations & Supply CM||MSCI 101|
|Strategy & Entrepreneurship||MSCI 101|
|Information Systems||INFO 125|
- ECON 207 Intermediate Microeconomics - Households and Government
- ECON 208 Intermediate Microeconomics - Firms and Markets
- FINC 201 Business Finance
- 30 further points in ECON or FINC courses.
- ECON 310 Economic Thinking for Business
- 45 further points in ECON courses.
Note that 300-level ECON courses counted towards a Business Economics major cannot also be counted towards an Economics major.
If you enrolled in Business Economics from 2017 onwards, you need to complete a minor as specified for the BCom (excluding Economics). If you enrolled prior to 2017 you can either complete the minor as specified for 2017 onwards or one of the following set in your other discipline:
|||Finance||FINC 203, 15 points from FINC 301, 311, 312|
|Accounting||ACCT 211, 222, 15 further points in ACCT 200 or 300 level|
|Taxation||ACCT 211, 222, 254|
|Management||MGMT 206, 207, (MGMT 270 or MKTG 201)|
|HR Management||MGMT 206, 207 and 2 of 208, 209, 230|
|Marketing||MGMT 201, 202, 204|
|Operations & Supply CM||MGMT 270, 271, 280|
|Strategy & Entrepreneurship||MGMT 206 and 2 of 221, 223, 270, MKTG 201|
|Information Systems||INFO 223, 253, 15 further points in INFO above 100-level|