With the development of the national economy, a large number of economics professionals are needed, and the United States has a wide range of economics majors for international students to choose from. Therefore, the major of business economics in the United States is very popular among international students.Application Guide for Business Economics Major in the United StatesBusiness majors in the United States, ,Study Computer Science in the United States, ,Majors for Studying in the United States, ,Study Architecture in the United StatesThe problem.
1. Application Guide for Business Economics Major in the United States
1. What to study in American economics
In the United States, economics is a traditional major, and it is very common in colleges and universities. It is a discipline that attempts to use mathematical tools to analyze and solve social and economic problems, studying and researching micro-objects and problems such as demand, supply, market structure and pricing, market efficiency and equilibrium, as well as macro-concepts and phenomena such as inflation, unemployment, trade, economic growth and development, and the related impact of fiscal policy and monetary policy.
Modern economics is based on microeconomics and macroeconomics. It covers a wide range of research areas. The main research directions are: microeconomics, macroeconomics, econometrics, international economics, development economics, economic history, fiscal economics, labor economics, public economics, policy economics, game theory, etc., covering all aspects of social economy. From the current research trend, econometrics has rapidly developed into one of the hottest research directions in the field of economics. Together with microeconomics and macroeconomics, it constitutes the three core theories of modern economics. Its main research task is to reveal the laws of economic operation by modeling economic data, which is used to analyze various actual social and economic phenomena and provide decision support.
The value of studying economics lies in the great benefits it can bring: a deeper understanding of the world and expanded opportunities for personal career development. Economics as a principle will play a role in the unknown world of tomorrow! Once the principles are mastered, the real world becomes a large mobile economics textbook.
2. Master of Economics Program in the United States
Generally speaking, the master's program in economics takes 1-2 years. Most schools require 30-60 credits for graduation, and 9-12 credits of electives per semester, so you can graduate in 4-6 semesters. Some schools offer a one-year master's program in economics, which is intensive and is dedicated to getting students into the workforce earlier. At the same time, these programs also have disadvantages, such as short vacation time, short adaptation time, and strong adaptability. If you want to stay in the United States, you need to find a job quickly.
III. Application Requirements for a Master’s Degree in Economics
Economics is a popular major, but compared to other financial majors, the competition is relatively less intense. Therefore, if you have a good background, you have a high chance of getting admitted to a good school if you apply for a master's degree in economics.
Generally speaking, the following materials are required to apply for a master's degree in economics:
- Transcript
-TOEFL scores
-1-3 letters of recommendation
-Personal statement
-GRE or GMAT (some schools do not require it)
-resume
-Prerequisite courses (usually macroeconomics, microeconomics, and calculus courses are required)
2. Preparations for applying to study in the United States
1. Prepare your passport
If you plan to study in the United States, you should get a passport before applying. Many schools require a passport when applying, especially for students applying for business. A passport is required for the GMAT. Every year, many students cannot take the GMAT because they do not have a passport and have to transfer to another school. Transferring to another school is very expensive. Therefore, before going to study in the United States, you must prepare your passport first!
2. Prepare proof of funds
When applying to American universities, you also need to provide proof of funds, which can be deposited in the name of the parents or the student. The amount is to cover the first year's tuition and living expenses. It should be noted that many banks can only open a bank account once. If you find that it is not enough after opening it, you need to return all the previously opened proof of funds before opening it again. So open more at one time in case of emergency. According to Yunxue Education Group, parents should pay more attention to the proof of funds. Don't block your children's path to studying in the United States because of one less proof.
3. Prepare a dual-currency credit card
When applying to most American universities, you need to pay an application fee, which can range from tens of dollars to hundreds of dollars. It is usually paid online. Generally, banks do not allow students to apply for credit cards, so before applying, you should remind your parents to go to the bank to apply for a dual-currency credit card. VISA or Mastercard are currently used internationally, and some schools only accept Mastercard.
4. Prepare transcripts
Recently, it has been found that many students' transcripts have some minor errors. Some students are careless and seal the transcripts without even looking at them. Little do they know that teachers in schools can also make mistakes. Therefore, after the school issues your transcript, compare the Chinese and English versions and correct any errors in a timely manner. At this stage, the fake transcripts of Chinese students have left a very bad impression on foreign universities, so you should be as careful and meticulous as possible in this regard. In addition, in addition to the accuracy issue, it should also be noted that the transcripts issued by the school should be sealed in an envelope and stamped on the seal of the envelope to be considered formal. American universities attach great importance to this. Before preparing to study in the United States, you may wish to check your transcripts to see if there are any errors so that you can correct them in time.
5. Prepare recommendation letters
Now many universities in the United States allow you to submit recommendation letters online. The specific method is that when you apply online, the school will send a link to submit the recommendation letter to the recommender, and the professor can open the link and upload the recommendation letter. This method does not require the teacher to sign the recommendation letter, and you can quickly get all the materials. But the premise is that your teacher needs to know a little English and computer. If some teachers do not understand English or cannot use the Internet, it is safer to use paper recommendation letters. Moreover, submitting recommendation letters online requires the cooperation of teachers, because if you apply to 10 schools, the teacher will receive 10 recommendation letter submission requests from time to time. It will be very troublesome if the teacher does not check the mailbox frequently.
3. Main accommodation options for studying in the United States
1. Student dormitory
Student dormitories are mostly for freshmen who have just arrived. There are single rooms, double rooms and quad rooms. In terms of price, single rooms are the most expensive, followed by double rooms and quad rooms. Generally, student dormitories are located near the school, with convenient transportation and living. They are supervised by security personnel and are very safe. It is recommended that students choose student dormitories in their first year, which are affordable and cost-effective.
2. Apartment
Apartment buildings are similar to our domestic apartment buildings, the difference is that American apartments are wooden structures, and the height of the floors will not exceed five (taking California as an example). American apartments are similar to domestic communities, and the community with property management is the model. The comfort level is very high, and the community is equipped with swimming pools, gyms, entertainment halls, etc. The independence is also better than that of student dormitories, usually divided into one-bedroom, two-bedroom and three-bedroom. The price is slightly more expensive than student dormitories, ranging from US$1,500 to US$3,000. It is suitable for students who have been in the United States for more than two years or have good independence.
3. House-Independent Villa
As the name suggests, a large house is a stand-alone structure with a swimming pool and backyard (some do not). It usually has at least 3 bedrooms, 2 bathrooms, a separate living room and kitchen. The price starts at US$3,000, and the bigger the house, the more expensive it is. Generally, students must provide SSN (American Social Security Number) when renting a private house.
Students who usually choose a house share the rent with 4 or 5 people, which is very cost-effective. The average rent per person is about 700 per month. However, houses also have their troubles. You have to worry about the maintenance in the later stage, such as regular maintenance of the lawn, etc. However, the comfort level of a house is really high, which is suitable for a small team to live in.
Summary of the application guide for business economics majors in the United States
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