Economics: Robert Morris University Economics | Robert Morris University

Undergraduate

Understanding the fundamentals of economics is excellent preparation for careers in business, industry, banking and government, graduate work in economics and social sciences, and advanced professional education in law, journalism, and business.

RMU’s economics offering provides insight into decision-making, which is applicable in both the public and private sectors of the economy. Our faculty members bring real-world experience to the classroom, and the state-of-the-art facilities in the School of Business building give you hands-on experience in a corporate setting. As a result, you hit the ground running, primed with the confidence and knowledge you need to land a good job and succeed in this competitive field.

Studies lead to the Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in economics.

You'll learn how to:

  • Comprehend economic theory.
  • Apply the economic way of thinking to personal, professional, and social decision-making.
There are many different positions held by economics graduates, including auditor, environmental planner, loan officer, market analyst, economic analyst, purchasing analyst, sales analyst, budget analyst, credit analyst, loan review analyst, real estate appraiser, stockbroker, lobbyist, import/export agent, pricing analyst, reporter, consultant, product manager, statistician, insurance agent, research analyst and underwriter.

Recent Graduates Work Here:
Allstate Insurance, Combined Insurance of America, Dollar Bank, Essere Corp., FreeMarkets, The Hillman Company, Merrill Lynch, Park Place Entertainment, Pittsburgh Dispatch Services, PNC Bank, Allan J. Popa CPA, Progressive Insurance, ServiceLink LP, Todd Organization of Pittsburgh, UPMC Health System, Wesco Distribution.

2010 national mean bachelor-level, entry-level salaries: (information from the National Association of Colleges and Employers)

By type of employer  

By job function  

Accounting Services

$54,746

Accounting (Private)

$50,875

Aerospace

$52,332

Accounting (Public)

$48,906

Banking (Commercial)

$50,037

Auditing (Private)

$49,583

Banking (Investment)

$59,313

Commercial Banking (Lending)

$43,799

Consulting Services

$59,994

Consulting

$56,811

Financial Services

$50,403

Financial/Treasury Analysis

$53,926

Government (Federal)

$42,209

Insurance (Underwriting)

$48,500

Household & Personal Care Products

$49,375

Investment Banking (Corporate Finance)

$53,761

Insurance

$45,043

Management Trainee

$44,831

Petroleum & Coal Products

$53,500

Portfolio Management/Brokerage

$51,179

Retail/Wholesale Trade

$44,187

Sales

$40,292

2009 RMU Salary Survey:

Finance Majors:  

Mean: $39,914

Range: $30,200- $47,200


 


Below is a typical four-year course of study for economics students, including major requirements and electives. Your own schedule will vary based on your own interests. 

FRESHMAN/Fall Semester FRESHMAN/Spring Semester
Reading & Writing Strategies or
   Intercultural Communications
Argument and Research
Principles of Macroeconomics Principles of Microeconomics
History Elective or
   Political Science Elective
Intro Decision Support Systems
Humanities: Art and Music Principles of Sociology or
   Contemporary American Social Problems
General Psychology Elective
   
SOPHOMORE/Fall Semester SOPHOMORE/Spring Semester
Intro to Financial Accounting Managerial Accounting
Legal Environment of Business Business Professional Communications
Public Speaking and Persuasion Intermediate Macroeconomics
Finite Math and Applied Calculus Management Theory and Practice
Introduction to Ethics Principles of Marketing
Science Elective  Statistics
   
JUNIOR/Fall Semester JUNIOR/Spring Semester
Business Enterprise/Public Policy International Business
Management Science Economics Elective
Principles of Finance     Internship or Non-business elective
Business Elective Business Elective
Internship or Non-business elective Business Elective
   
SENIOR/Fall Semester SENIOR/Spring Semester
Technology Issues and Topics Strategic Management
Internship or Non-business elective Economics Elective        
Non-business Elective         Internship or Non-business Elective
Business Elective Business Elective
Business Elective                             Business Elective

 

Internship Employers:
Acacia Financial, Atlas Brokerage, ESPN, First Investors Corp., Jackson-Hewitt, Prudential Financial, Tri-Point Mortgage, UPMC Health System, U.S. Steel, West Penn Financial Group.


The Robert Morris University School of Business Complex is a high-tech learning laboratory that provides business students the same kind of hands-on educational environment that engineering and science students take for granted. The 18,000 square-foot facility is the first LEED-certified building on RMU's campus, and it includes state-of-the-art business technology including a simulated trading floor and a Bloomberg lab to give students access to real-time financial data, and an immersive videoconferencing experience that will allow students, faculty, and corporate leaders to communicate with colleagues around the world.

RMU’s business faculty is a diverse group with corporate and global business experience, bringing the advantage of real-world knowledge directly into the classroom. Many hold professional certifications in their discipline, and they guide our students in pursuing professional certifications.

Our faculty members are actively involved with the business community and professional organizations, providing endless educational and networking opportunities for our students, both in and outside of classroom. They also conduct applied research projects on emerging business topics involving our students. They take pride in getting to know their students from day one and in being part of their career path after graduation. 

Scholarships are available based upon academic achievement. 

For freshmen, high school grade point average and ACT/SAT scores are used. For transfer students, the cumulative grade point average of all college courses is used. Scholarships range from $1000 per year up to full tuition. (To calculate your scholarship eligibility, click here.)

Higher education is an investment in your future. 

At Robert Morris University, we will work closely with you to show you how to finance your education through a combination of need-based financial aid, scholarships, and financing strategies to make your education attainable. RMU has one of the lowest tuition rates of all private institutions in the state, but we know that financing your education can be complicated, and your family might need help in understanding your options. 

Talk to us—we can help! 
Email us at finaid@rmu.edu

  • Call us toll free at 800-762-0097
  • Connect with one of our counselors via Facebook to see what others are learning about college costs

Learn more online: