A business economist is an expert in economics and can work in any field of financial interest, private or government. As an expert in the social science of economics, you may specialize in business, law, sociology or even the history of economics. A business economist can work as a consultant for a private business or an employee of the government or even in the employment of a diplomat. Business economists study and develop different theories that aid the company or individual that they work for. With expertise in economics, the business economist studies data and extracts useful information for the company or entity.

Education Required to become a Business Economist

The educational requirements for becoming a business economist are like similar positions in economics. Usually the minimum to begin in the field is an Associate in Economics. Most will complete their Bachelors in Economics and progress to finish a Masters in Economics. Those who wish to pursue an academic career in economics will continue to the PhD level.

Salary Range for a Business Economist

Depending on the level of education and the number of years of experience, a business economist can expect to enter the field as a new economist with a Bachelor’s degree at around $40,000 in the government or private sector. Private industry positions usually pay more than government positions. As one’s education increases and advances are made on the job, Economists can expect to reach the higher end of the pay scale in private industry working 1-4 years in the $40-50,000 range, 5-9 years $60,000 range and increasing to near $90,000 beyond ten years.

Online Programs

The following are some of the schools that offer programs that can lead to becoming Business Economist:

University of Iowa – Offers a Masters program as well as a PHD program in Economics online. The program is offered through the Tippie College of Business and College of Liberal Arts and Sciences. The University of Iowa in conjunction with Tippie College of Business offers a Master of Arts as well as a Doctor of Philosophy in Economics for those directed towards the Academic Economist profession. The Master of Arts is offered only to students working towards a PhD in economics through their programs. The Doctorate in Philosophy for economics requires a minimum of 72 semester hours of graduated credit to complete. The college provides students with training in applied economics, economic theory and econometrics.

Aspen University - Aspen’s MBA in Economics program builds skills needed for the challenging business world students face. Their hands-on approach builds successful leaders and managers who are decision makers and team leaders. Their online degree program guides the professional employee with a comprehensive view that is essential for real-world business concepts. Aspen’s courses are project based and provide a unique learning as you do approach. Their available programs provided specialization in Information and Project Management focused on management, strategy and analysis in economics.

Ashford University – Earn the degree you’ve always wanted at Ashford University. Achieve your goals with the resources you need, including an innovative online classroom and a supportive environment. Your education at Ashford University is a shared experience that unites you with students and faculty around the world. Ashford University is defining the modern college experience.

American Intercontinental University Online

American InterContinental College was founded in 1977 and is located in Houston, Texas. American Intercontinental University Online has offices in Denver Colorado and Birmingham Alabama. Their diverse programs are offered with no residency requirements. With the AIU Online MBA program, you can earn your MBA degree in as little as ten months. AIU Online offers an MBA program specialization in Healthcare Management that includes coursework in Healthcare Systems, Leadership and Ethics and Health policy as well as specializations in Human Resources and Marketing. American InterContinental College has campuses located in the U.K.

American Sentinel University

With American Sentinel University you can study online in a way that is convenient to your schedule. You can earn your degree from a University that mixes the traditional style of education along with the flexible schedule afforded by online studies. American Sentinel University offer online programs for the Masters of Economics degree and training from their experienced staff. Some of the programs offered include a variety of options under the Master of Business in Business Administration, as well as Computer Science and Information Technology. These online programs include Master degrees in Computer Science, Health Systems Management, Healthcare and Business Intelligence.

Walden University

Walden University, located in Minneapolis, Minnesota was founded in 1970 has assisted thousands of learners in completing their Masters in Economics. Walden assists adult learners in balancing their professional and personal commitments while achieving their goal of earning a respected degree. Walden University offers a flexible online MBA program that specializes in Global and e-Business, Finance, Marketing Technology, Health Insurance and Risk Management among others. The MBA requires an average of 36 semester credit hours.

Ashford University

Earn the degree you’ve always wanted at Ashford University. Achieve your goals with the resources you need, including an innovative online classroom and a supportive environment. Your education at Ashford University is a shared experience that unites you with students and faculty around the world. Ashford University is defining the modern college experience.

Aspen University

Aspen’s MBA in Economics program builds skills needed for the challenging business world that students face. Their approach is hands-on in order to build successful leaders and managers that are decision makers and team leaders. The program guides the professional employee with a comprehensive view that is essential for daily real-world business concepts. Aspen’s courses are project based and provide a unique learn-as-you-do approach. Their available programs provided specialization in Information and Project Management focused on management, strategy and analysis in economics.

Baker College Online

An extension of prestigious Baker College, founded in Michigan in 1911, Baker College Online offers convenient, flexible programs boasting a competitively low tuition. The Baker College system is the largest in Michigan and Baker’s online MBA programs have been recognized among the best in concentrations in Accounting, International Business, Marketing Finance, Health Care Management, Industrial Management. Their Online Masters programs are able to provide quality education that enables students to be successful throughout their careers.