As the oldest business school west of the Mississippi, the Chaifetz School of Business has helped build the business leaders of tomorrow for over 100 years.
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Economics is the study of how individuals, firms and nations make choices when confronted with limited resources. At Saint Louis University, economics majors learn to apply theory and problem-solving skills while balancing public policy with the choices faced by today’s society.
Through the Richard A. Chaifetz School of Business’s economics curriculum, students will learn to apply theory and problem-solving skills while balancing public policy with the choices faced by today’s society.
The Chaifetz School of Business, with its continuing mission to provide excellence in business education, has developed an economics program that is one of a kind in the region. Helping students develop strong ethical, technical and professional skills, the program provides in-depth knowledge and expertise in economics.
St. Louis’ metropolitan location provides many economics internship opportunities that allow students to gain career-related work experience while applying classroom learning to practice. Most are paid and students may earn academic credit. Supervised by both a representative from the organization and a faculty mentor, economic students at SLU have interned with entities such as financial institutions and governmental agencies.
The department also sponsors an Economics Club for students interested in economics. This club provides a link between students and a career in the field of economics, offering students opportunities to establish networking relationships with potential employers.
The department has an excellent record of placing graduates in both graduate and professional programs, which lead to high-profile jobs. Graduates join a global network of nearly 20,000 alumni from the Richard A. Chaifetz School of Business.
Begin your application for this program at www.slu.edu/apply. Saint Louis University also accepts the Common App.
All applications are thoroughly and carefully reviewed. Solid academic performance in college preparatory coursework is a primary criterion in reviewing a freshman applicant’s file.
To be considered for admission to any Saint Louis University undergraduate program, the applicant must be graduating from an accredited high school, have an acceptable HiSET exam score or take the General Education Development (GED) test. Beginning with the 2021-22 academic year, undergraduate applicants will not be required to submit standardized test scores (ACT or SAT) in order to be considered for admission. Applicants will be evaluated equally, with or without submitted test scores.
Begin your application for this program at www.slu.edu/apply.
Applicants must be a graduate of an accredited high school or have an acceptable score on the GED. An official high school transcript and official test scores are required only of those students who have attempted fewer than 24 transferable semester credits (or 30 quarter credits) of college credit. Those having completed 24 credits or more of college credit need only submit a transcript from previously attended college(s).
Transfer students must have a cumulative 2.70 GPA to be admitted to the accounting program and a 2.50 GPA for all other majors. In reviewing a transfer applicant’s file, the office of admission holistically examines the student’s academic performance in college-level coursework as an indicator of the student’s ability to meet the academic rigors of Saint Louis University.
Begin your application for this program at www.slu.edu/apply.
All admission policies and requirements for domestic students apply to international students along with the following:
There are two principal ways to help finance a Saint Louis University education:
For priority consideration for merit-based scholarships, apply for admission by Dec. 1 and complete a Free Application for Federal Student Aid (FAFSA) by March 1.
For information on other scholarships and financial aid, visit the student financial services office online at https://www.slu.edu/financial-aid.
The Richard A. Chaifetz School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB), the world’s largest business education alliance and accrediting body of business schools, ensuring continuous quality improvement in terms of curriculum, instructional resources, student selection, career placement and intellectual contributions and qualifications of the faculty. Fewer than 5 percent of business schools worldwide have achieved AACSB accreditation.
Eighteen credits in addition to ECON 1900 Principles of Economics (3 cr), ECON 3120 Intermediate Macroeconomics (3 cr), and ECON 3140 Intermediate Microeconomics (3 cr), which are taken as part of the business common body of knowledge requirements.
Code | Title | Credits |
---|---|---|
Business Common Body of Knowledge (CBK) | 45 | |
Arts and Sciences Core Requirements | 48 | |
Economics Major * | ||
ECON 3010 | Introduction to Econometrics | 3 |
Economics Elective Courses | 15 | |
Select five of the following: | ||
Economies of Latin America | ||
Industrial Organization and Public Policy | ||
Law and Economics | ||
History of Economic Analysis | ||
Money and Banking | ||
International Trade | ||
Exchange Rates and Global Economics | ||
Economics of Int'l Migration | ||
Sports Economics | ||
Economic Development | ||
Public Finance | ||
Public Choice and Political Economy | ||
Health Economics | ||
Advanced Econometrics | ||
Electives in Business or Other Areas ‡ | 9 | |
Total Credits | 120 |
* | In addition to completing lower and upper division coursework in all areas of business, each student typically selects a business major before or during the first semester of the junior year. Required credits vary between 18-21 credits and are determined by the appropriate department. To broaden their expertise, students may complete more than one major in business, or a major and a minor in business. However, where courses overlap between two business majors, the course may be counted only once and credited to one functional area, i.e. Sports Marketing may be used in either the Marketing major or the Sports Business major but not both. |
‡ | Electives may be selected from any area of study within the University, giving the student the opportunity to diversify his/her background. |
Economics students must maintain a minimum 2.00 grade point average (GPA) in all economics courses used to fulfill major requirements.
Students will be on program probation if their GPA in major courses used to fulfill major requirements falls below a 2.00. Students will have one semester to increase their major cumulative GPA to a 2.00; if not, students will not be allowed to register for 3000 or 4000 level major courses.
Students will be automatically placed on university probation if any of the following occur:
During the probationary period, advisors help students achieve academic success by closely monitoring their academic performance.
In order to improve scholastically and demonstrate their ability to make progress toward a degree, students on probation may not register for more than 12 credits in the fall and spring semesters, three credits in the winter term, and no more than one course/four credits in any single summer session term.
The conditions under which a student is dismissed from the school include:
For more information, see University Academic Policies and Procedures.
Code | Title | Credits |
---|---|---|
ACCT 2200 | Financial Accounting | 3 |
ACCT 2220 | Accounting for Decision Making | 3 |
BIZ 1000/1001 | Business Foundations | 1 |
BIZ 1002 | Business Foundations Excel Lab | 0 |
BIZ 3000 | Career Foundations | 1 |
BIZ 4000 | Business Capstone 1 | 1 |
ECON 1900 | Principles of Economics | 3 |
ECON 3120 | Intermediate Macroeconomics | 3 |
ECON 3140 | Intermediate Microeconomics | 3 |
FIN 3010 | Principles of Finance | 3 |
IB 2000 | Introduction to International Business | 3 |
ITM 2000 | Information Technology with Supply Chains | 3 |
MGT 2000 | Legal Environment of Business I | 3 |
MGT 3000 | Management Theory and Practice | 3 |
MGT 4000 | Strategic Management and Policy 1 | 3 |
MKT 3000 | Introduction to Marketing Management | 3 |
OPM 2070 | Introduction to Business Statistics | 3 |
OPM 3050 | Introduction to Management Science and Operations Management | 3 |
Total Credits | 45 |
1 | All other Business CBK courses must be completed prior to taking BIZ 4000 Business Capstone (1 cr) and MGT 4000 Strategic Management and Policy (3 cr). |
Code | Title | Credits |
---|---|---|
ENGL 1900 | Advanced Strategies of Rhetoric and Research 2 | 3 |
Select one of the following: | 3 | |
Conflict, Social Justice and Literature | ||
Faith, Doubt and Literature | ||
Nature, Ecology & Literature | ||
Gender, Identity & Literature | ||
Technology, Media & Literature | ||
Film, Culture and Literature | ||
Nation, Identity and Literature | ||
Foreign Language Literature | ||
Select one of the following: 3 | 3 | |
Business and Professional Writing (strongly recommended) | ||
English Literature | ||
Fine Arts (Art, Art History, Dance, Film Studies, Music, Theatre) | ||
CMM 1200 | Public Speaking 2 | 3 |
HIST 1110 | Origins of the Modern World to 1500 | 3 |
or HIST 1120 | Origins of the Modern World (1500 to Present) | |
PSY 1010 | General Psychology | 3 |
Select two additional courses from the following: | 6 | |
African American Studies | ||
American Studies | ||
Anthropology | ||
History | ||
Political Science | ||
Psychology | ||
Sociology | ||
Women's and Gender Studies | ||
MATH 1200 | College Algebra 4 | 3 |
MATH 1320 | Survey of Calculus 2 | 3 |
Natural Science course | 3 | |
One additional Math or Natural Science course 5 | 3 | |
PHIL 1050 | Introduction to Philosophy: Self and Reality | 3 |
PHIL 2050 | Ethics | 3 |
THEO 1000 | Theological Foundations | 3 |
THEO 2xxx | Theology course | 3 |
Total Credits | 48 |
2 | Must be completed by the end of the sophomore year in order to enroll in business courses junior year. MATH 1510 Calculus I (0,4 cr) or higher-level calculus course may be substituted for MATH 1320 Survey of Calculus (3 cr). |
3 | Upper division foreign language may be substituted; however, students for whom English is a second language may not complete this requirement in their native language. |
4 | Students who place out of MATH 1200 College Algebra (0,3 cr) (based on a Math Index score) must replace it with another approved math course. |
5 | MATH course must be approved. |
To be certified for graduation, a student must complete all course requirements and meet all of the following conditions:
* | Students may pursue the Economics, International Business or Marketing majors at the St. Louis campus and/or at the Madrid campus. The residency requirement then applies to courses taken at either campus. |
Roadmaps are recommended semester-by-semester plans of study for programs and assume full-time enrollment unless otherwise noted.
Courses and milestones designated as critical (marked with !) must be completed in the semester listed to ensure a timely graduation. Transfer credit may change the roadmap.
This roadmap should not be used in the place of regular academic advising appointments. All students are encouraged to meet with their advisor/mentor each semester. Requirements, course availability and sequencing are subject to change.
Year One | ||
---|---|---|
Fall | Credits | |
MATH 1200 | College Algebra | 3 |
BIZ 1000/1002 | Business Foundations | 1 |
ENGL 1900 | Advanced Strategies of Rhetoric and Research 1 | 3 |
Arts & Sciences Core 2 | 3 | |
Arts & Sciences Core 2 | 3 | |
Arts & Sciences Core 2 | 3 | |
Credits | 16 | |
Spring | ||
MATH 1320 or MATH 1510 |
Survey of Calculus 1, 3 or Calculus I |
3 |
ECON 1900 | Principles of Economics | 3 |
OPM 2070 | Introduction to Business Statistics | 3 |
CMM 1200 | Public Speaking 1 | 3 |
Arts & Sciences Core 2 | 3 | |
Credits | 15 | |
Year Two | ||
Fall | ||
ACCT 2200 | Financial Accounting | 3 |
ITM 2000 | Information Technology with Supply Chains | 3 |
IB 2000 | Introduction to International Business | 3 |
Arts & Sciences Core 2 | 3 | |
Arts & Sciences Core 2 | 3 | |
Credits | 15 | |
Spring | ||
ACCT 2220 | Accounting for Decision Making | 3 |
BIZ 3000 | Career Foundations 4 | 1 |
MGT 2000 | Legal Environment of Business I | 3 |
ECON 3120 or ECON 3140 |
Intermediate Macroeconomics or Intermediate Microeconomics |
3 |
Arts & Sciences Core 2 | 3 | |
Arts & Sciences Core 2 | 3 | |
Credits | 16 | |
Year Three | ||
Fall | ||
MGT 3000 | Management Theory and Practice | 3 |
ECON 3120 or ECON 3140 |
Intermediate Macroeconomics or Intermediate Microeconomics |
3 |
FIN 3010 | Principles of Finance | 3 |
MKT 3000 | Introduction to Marketing Management | 3 |
Arts & Sciences Core 2 | 3 | |
Credits | 15 | |
Spring | ||
ECON 3010 | Introduction to Econometrics (Major) | 3 |
Major: Economics Elective 5 | 3 | |
OPM 3050 | Introduction to Management Science and Operations Management | 3 |
Arts & Sciences Core 2 | 3 | |
Arts & Sciences Core 2 | 3 | |
Credits | 15 | |
Year Four | ||
Fall | ||
Major: Economics Elective 5 | 3 | |
Major: Economics Elective 5 | 3 | |
Elective | 3 | |
Elective | 3 | |
Arts & Sciences Core 2 | 3 | |
Credits | 15 | |
Spring | ||
Major: Economics Elective 5 | 3 | |
Major: Economics Elective 5 | 3 | |
BIZ 4000 | Business Capstone 6 | 1 |
MGT 4000 | Strategic Management and Policy 6 | 3 |
Elective | 3 | |
Credits | 13 | |
Total Credits | 120 |
1 | Must have completed by end of sophomore year |
2 | See list of A&S core required for business students |
3 | MATH 1510 Calculus I (0,4 cr) highly recommended |
4 | Must take 2nd semester sophomore year unless studying abroad |
5 | See list of Economics electives |
6 | Must have completed all other Business Common Body of Knowledge courses |