BA Economics

Overview

The Bachelor of Arts in Economics program provides students with a solid foundation in economic theory, analysis, and critical thinking skills. Graduates are equipped with the knowledge and skills to understand and analyze economic phenomena, make informed decisions, and contribute to economic policy-making and business strategies.

The program incorporates global economic principles and standards to provide students with a comprehensive understanding of economics on an international scale. Students learn to analyze and interpret macroeconomic indicators and their implications for businesses and policymaking. It covers concepts and frameworks from renowned economic models, such as those promoted by international organizations like the World Bank, International Monetary Fund (IMF), and Organization for Economic Co-operation and Development (OECD).

To bridge the gap between academia and industry, the program facilitates internships opportunities with organizations in the public or private sector. Students gain practical experience, apply economic theories in real-world contexts, and develop professional networks.

Oman Vision 2040 also emphasizes on achieving its targets through Economic diversification and competitiveness. This provides Economic graduates a notable opportunity to serve the Oman Economy.

Admission Criteria

A recognized general education diploma or its equivalent
Students joining MCBS must go through an English placement test to determine the appropriate English level
Students presenting a valid score of 5-5.5 in IELTS or 65-79 in internet based TOEFL (iBT) are exempted from the English program
Students will need to go through Mathematics and IT placements tests to determine their levels of proficiency in these subjects as they are part of the GFP or possible exemption
Mathematics placements tests will determine whether Basic Mathematics (MATH 10) and Pure Mathematics (MATH 21) can be exempted, or students will be given both or one of them
IT placement test will determine whether students will require to take the Information Technology foundation course (COSC 10)

Program Structure

Duration: Bachelor’s degree requires about 8 semesters or 4 years

Program delivery: 12-15 credits per normal semester and 6 credits per summer semester

Internship: Placement on a 3-month internship

Courses: Apart from courses closely related to the program, students take general education courses.

Courses	Credits
Core Courses	33
Communication skills	09
Humanities	09
Social Sciences	18
Math/Computer skills	09
Natural Science	03
Non-Business electives	06
General Business requirements	33
Total	120

Core Courses

Course ID	Course Name	Credits
ECON 200	Oman and AGCC Economy	3
ECON 220	Money and Banking	3
ECON 235	Islamic Economy and Banking	3
ECON 250	Mathematical Economics	3
ECON 305	Economic Development	3
ECON 307	The Business Firm- History Theory and Policy	3
ECON 330	International Economics	3
ECON 351	Intermediate Economic Theory- Microeconomics	3
ECON 352	Intermediate Economic Theory- Macroeconomics	3
ECON 360	Natural Resource Economics	3
ECON 396	Senior Project	3

Career Opportunities

Graduates may find employment in government agencies, financial institutions, research organizations, consulting firms, multinational corporations, nonprofit organizations, or pursue further education in economics or related fields.

The program will also help the students prepare for professional qualifications like CPA, ACCA, CMA, CFA, etc.

Some common career paths include:

Economic Analyst
Financial Analyst
Market Researcher
Policy Analyst
Investment Analyst
Data Analyst
Economist
Banking and Finance Professional
Business Consultant
Government Economist

Ready to take the next step?

Info

Duration: 4 years full-time

Semester Starts: Fall, Spring, Summer I and Summer II.

Fee: 11,508 OMR

Required English Prerequisites

IELTS (academic): 6.0 (with no band less than 6.0)

TOEFL (internet) min overall score 60

MCBS Placement Test

Applicants who do not have official IELTS or TOEFL scores are required to take MCBS English Placement Test.

Students will need to go through Mathematics and IT placement tests to determine their levels of proficiency in these subjects as they are part of the GFP or possible exemption.

Department Contact

Contact Program Chair Dr. Rene Paquibut for more information.