Business Economics - Economics and Finance - University of Canterbury - New Zealand

Studying Business Economics at Canterbury

What is Business Economics?

Innes Hammond - Business Economics
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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.

Career Paths

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.

Postgraduate

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.

Year 1

Core

  • 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

Recommended

  • 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:  

Ÿ Finance MATH 101
  Accounting ACCT 103
  Taxation ACCT 152
  Management MKTG 100
  HR Management no further 100-level courses required
  Marketing MKTG 101
  Operations & Supply CM MSCI 101
  Strategy & Entrepreneurship MSCI 101
  Information Systems  INFO 125

 

Year 2

Core

  • 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.

Year 3

Core

  • 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:

Ÿ 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