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 and above in IELTS or 65-79 in internet based TOEFL (iBT) are exempt from the first part of the placement test and are required to take the other part of the English language program (writing test).
- 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