The departmental excellence with the Economics department in UB include: economics of growth and development; industrial organization; international trade; crime and justice; uncertainty and information; urban economics; and applied econometrics. The international trade program aims to prepare students to critically assess the process of globalization operating in the world today. Critical social, economic, and environmental challenges are being faced by corporate or government policy makers and organizations. As an Economics major, students will: Study the scarcity and its implications for the use of resources, production and welfare, and other vital concerns to society. Acquire the knowledge to determine the most effective use of resources to meet private and social goals. Learn to apply the knowledge to achieve the most satisfactory allocation of resources. As an International Trade major, students will: Understand the growth of multinationals and foreign direct investments, international trade, the internationalization of capital and financial markets. Learn to handle the new international divisions of labor, and the rapid development of technology and innovation. Expose themselves to a wide-range of perspectives on the global economy. Develop important skills in policy and data analysis at various geographic scales.

Applicants will be assessed based on all the qualifications they have submitted. Meeting the minimum requirement does not mean automatic admission. International Baccalaureate (IB) Diploma: Most recent 3 years of high school grade of ‘B’ equivalent to IB score 4.5. IB Diploma holders can expect up to 30 credit exemptions with a minimum of of 30 total scores. Others: SIM Management Foundation Studies (MFS) or its equivalent. Qualifications equivalent to a U.S. high school diploma. Average grade of ‘B’ or better. Accepted English Language proficiency test taken within 2 years from course commencement. IELTS 6.5 (no band less than 6); TOEFL 550 (with no section below 50); IBT 79 (with no section below 15); SAT 1 ERWS 550; PTE Academic 55 (with no subsection score below 50); ACT English and reading sections 20. Original transcript required for all American qualifications. Notice: each country has extra specific requirements.