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How Does Economics Help MBA Students?

How Does Economics Help MBA Students?

Have you heard the phrase money makes the world go around? Do you have a mind for money, investments, markets and other financial matters? Are you inspired to learn more about the production, distribution, and consumption of goods and services?

If this sounds like you, then economics could be an excellent career path for you. You can prepare for this journey by earning Ottawa University’s online Master of Business Administration (MBA) with a concentration in economics. Our online economics classes teach the fundamentals students need to decipher the graphs for supply and demand, gross domestic product and others, as well as the tools to develop a successful business strategy. Students who choose to study economics classes online not only gain the skills needed to understand complex markets, but come away with strong analytical and problem-solving skills, as well as business acumen necessary to succeed in the professional world.

Experts in economics understand the financial engine that keeps the world spinning. An MBA has long been the gold standard in business education. Moreover, an online degree in economics prepares graduates with special insight into how economic principles impact the world of business. Online economics classes also provide graduates with training in applying big picture thinking to universal business skills, making them eligible for a wide range jobs with high earning potential and excellent career growth. These jobs include pricing analyst, financial analyst, management consultant, economic forecaster and market research consultant to name a few.

Employment for jobs in the economics field is projected to grow 14 percent from 2019 to 2029, according to the U.S. Bureau of Labor Statistics. The median annual wage for economists was $105,020 in May 2019. The lowest 10 percent earned less than $59,450, and the highest 10 percent earned more than $185,020.

With Ottawa’s business administration graduate degree, you’ll develop powerful quantitative reasoning, and be able to apply economic theory to practical business planning and decision-making. Furthermore, with a concentration in economics, you will apply economic theory to managerial decision-making. Emphasis on both quantitative and qualitative application of microeconomic principles to business analysis.

The distinguished faculty of the Angell Snyder School of Business includes eight Ph.D.’s, including its dean, Dr. Lena Rodriguez, and has developed a multitude of MBA graduates who are now exercising innovative and critical thinking in their jobs, shaping the communities they live in, and leading lives of significance. This is the result of Ottawa University’s integrative MBA curriculum with courses that incorporate personal values and professional ethics. Ottawa’s online business administration graduate degree program has been designed to produce impact players who are broadly educated, skilled in key business disciplines, highly principled, and ready to lead.

This competitive, highly-accredited, online degree in economics concentration holds the esteemed accreditation from the Accreditation Council for Business Schools and Programs (ACBSP), showing the high levels of business teaching within this degree. U.S. News & World Report ranks this online MBA among the top in the nation. The curriculum is divided into three modules: behavioral courses, core courses, and capstone courses.

Career advancement awaits with the best, fastest, and most affordable online Master of Business Administration degree in Kansas City, Phoenix, and Milwaukee. Are you ready for it? To learn more about earning your online MBA with Ottawa University, click here to contact us today.

Posted: 02/02/2021 by OU Online
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