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University of Canterbury

UNIVERSITY

University of Canterbury

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Bachelor of Commerce (BCom) majoring in Business Economics

Key information

Level of study:
Bachelor's Degree
Tuition fees:
Duration:
3 years
Start date: 13-July-2020
Campus:
University of Canterbury
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Course details

Summary

From financial markets to the latest management practices and the rapidly expanding world of online commerce, a Bachelor of Commerce (BCom) at UC gives you the knowledge and skills to succeed in a global business environment.

UC and its business partners provide many opportunities for you to gain practical business experience and make important contacts. The BCom is accredited by AACSB International, reflecting our commitment to innovation and providing a competitive and industry-relevant qualification for the business professions.

Business Economics applies the tools and rigour of Economics to business situations. Students focus on a broad range of analytical and business skills and take courses that apply economic reasoning and insight to problems in business or the non-profit sector. The focus is on managerial economics and informed decision making.

By incorporating valuable skills from business disciplines in finance, accounting or management, graduates with a major in Business Economics will enhance their work-readiness and ability to engage and connect with the wider world.

Why study Business Economics at UC?

UC is the only New Zealand University to offer a pathway that combines Economics with at least one other commerce discipline in a formal major.

The Business Economics major combines knowledge of an academically rigorous discipline with skills that equip graduates to be work-ready. For example, the third-year capstone course ECON310 Economic Thinking for Business has a strong community engagement emphasis. It looks at the application of economics with regard to incentives, opportunity cost, and constrained optimisation to actual business and real world problems. This sort of learning ensures that graduates can demonstrate the use of skills that employers demand and value.

Students majoring in Business Economics can also take advantage of the Economics and Finance internship courses to further their work-ready skills in real businesses.

Career opportunities

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 inclusion of a second business discipline gives breadth to a degree that requires good analytical and problem solving skills.

Professional business economists are employed to conduct research and give advice on economic matters in various organisations such as government ministries and state-owned enterprises (eg, Treasury, Health, Social Development, Agriculture and Forestry, Foreign Affairs and Trade). Graduates also find work in marketing organisations, the Reserve Bank | Te Patea Matua, Stats NZ | Tatauranga Aotearoa, trading and merchant banks, stockbroking, insurance, trade commissions, local authorities, market research and other consultancies, and large businesses.

Those who are passionate about economics and education can also go on to teaching careers in schools or universities.

Entry criteria

Applicants must have completed New Zealand University Entrance through NCEA; or Cambridge International Examinations (CIE); or International Baccalaureate Diploma (IB) or any other equivalent overseas qualification.

Applicants must also satisfy our English language entry requirements:

  • IELTS (Academic): Minimum overall score of 6.0, with no band score lower than 5.5.
  • TOEFL (IBT): Minimum overall score of 80, with a minimum score of 19 in Reading, Listening and Writing.
  • PTE (Pearson Test of English - Academic): Overall score of 50, and no communicative skills score below 42.

Recommended preparation

While previous study of economics is useful preparation, it is not essential to have studied economics at secondary school level. The Business Economics major does not require mathematics.

A broad education, including history and English, is useful to develop the ability to write clearly and analyse written material.

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