Overview

What can you do with a business economics degree from a liberal arts college?

The College of Wooster provides a rigorous program in business within the context of the liberal arts. Business seek graduates that develop broad critical and analytical thinking and writing skills that can be applied across a range of contexts. Since our program trains students to use data to generate business insights in different contexts, business economics majors have found immediate success as in the private sector. Students that are focused on a career in finance are mentored to select electives and internships to prepare for the Series 7 “General Securities Representative” exam. Where have Wooster Business Economics majors landed their first job? Merrill Lynch, Ernst & Young, Citigroup, Key Bank, Capital One, Quicken Loans, Bank of America, GE Capital, Brattle Group, NBC Golf Channel, Square Trade, Chime, not to mention a large number of multinational companies like Royal Dutch Shell and Microsoft, as well as regulatory agencies such as the US Commodity Futures Training Commission and the Federal Reserve Bank. About half the graduates of the business economics program at Wooster go on to earn advanced degrees in business, law, accounting, actuarial science and other fields. Alumni of this program are CEOs, CFOs and group vice presidents at some of the world’s largest companies.

Business Economics at The College of Wooster

The Business Economics major uses quantitative methods and economic theory to analyze business enterprises, their decisions, and the factors that contribute to the diversity of organizational structures around the globe. Our offerings develop a sophisticated understanding of business operation and an appreciation for the social and economic complexities of the world in which firms operate. The Business Economics major is provided within the Economics department. Unlike a traditional business program, Business Economic majors gain a rigorous understanding of economic theory and quantitative methods that can be applied to contemporary problems in finance, management and all aspects of a business including human resources, marketing, innovation, corporate responsibility, and strategy. This training is why the Board of Trustees entrusted $2 Million of Wooster’s Endowment to the student-run Jenny Investment Club (JIC). While the club is open to all majors, many business economics students have used the skills they learned in class to become Trustees. They participate actively in one of the oldest student run investment clubs. The current value of the JIC’s portfolio exceeds $10 million. Mentored by a diverse PhD. faculty with different backgrounds, students are exposed to global and international business issues within and outside the department in courses or international internships. While accounting is required, students are also mentored to explore electives in marketing, ethics, finance, entrepreneurship, and strategy. Combining internships, project based learning, real investment experience, and courses, the major prepares students to enter the business world directly after graduation.


Faculty

gray silhouette outline of a person

Matthew (Joe) Histen

James R. Wilson Chair and Assistant Professor of Economics & Business Economics

mhisten@wooster.edu

Brooke Krause

Brooke Krause

Assistant Professor of Economics & Business Economics; Global & International Studies

bkrause@wooster.edu

Philip Mellizo

Philip Mellizo

Associate Professor and Department Chair of Economics; Business Economics

pmellizo@wooster.edu

Amyaz A. Moledina

Amyaz Moledina

Associate Professor of Economics & Business Economics; Global and International Studies; Co-Founder of Social Entrepreneurship Program

amoledina@wooster.edu

Mary Spencer

Mary Spencer

Administrative Coordinator, Notary Public - Economics and Business Economics, Education, Psychology

mspencer@wooster.edu

Huiting Tian

Huiting Tian

Assistant Professor of Economics and Business Economics

htian@wooster.edu


Latest News

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Wooster sends two teams to virtual Datafest

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Desi Wiese '05

Business economics alumna praises Wooster’s close community

Building close working relationships helped Desi Wiese ’05 find success at several companies, including Netflix and 23andMe

Eraj Sikandar

APEX Fellowship | Eraj Sikandar

Major: Business Economics Class Year: 2022 Faculty Mentor: David McConnell Wilson Award Interning at the United Nations Office on Drugs and Crime in Islamabad, […]

Mahi Lal ’22

Economics major receives Flywire Scholarship in Social Justice

Mahi Lal ’22 sees her education at Wooster as the first step in changing the narrative of developing nations

Major

The business economics major is designed to provide a broad, yet technically competent, basis for understanding the business world. It is intended for the student who plans to enter the business world directly after graduation but is sufficiently flexible to accommodate those who may choose graduate study as well. The curriculum features:

  • Principles of Economics
  • Financial Accounting
  • Quantitative Methods
  • Applied Regression
  • Money and Capital Markets
  • Marketing
  • Corporate Finance
  • Organization of the Firm
  • Strategic Management
  • Portfolio Theory
  • Business Internship
  • Independent Study in Business Economics

Students are also encouraged to take computer science, and ample opportunity is provided to use Wooster’s sophisticated computer facilities to analyze business problems.

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Independent Study

All students at The College of Wooster complete independent study under the guidance of a faculty mentor. The research forms the basis of a thesis that is delivered in the spring semester of each student’s senior year.

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Alumni

About half the graduates of the business economics program at Wooster go on to earn advanced degrees in business, law, accounting, actuarial science and other fields. Alumni of this program are CEOs, CFOs and group vice presidents at some of the world’s largest companies.


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Business economics alumnus supports PPE supply chain for essential businesses and organizations

Jonathan Huisel ’14 takes pride in Wooster background

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Business economics alumnus applies critical thinking to logistics industry

Wooster education prepares Paige Cotcamp ’82 to contribute to the ‘worldwide community’

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Lectures

James R. Wilson Lecture Series

Endowed in 2001 by James R. and Linda R. Wilson, the James R. Wilson Lecture Series in Business Economics brings business and financial leaders to the Wooster campus to share their insights with students, faculty, and the broader community.

Past lecturers

    • 2019 – J. Clifford Hudson, chairman and CEO of Sonic Corporation<

 

    • 2018  – William Espey  chief marketing officer of Chipotle Mexican Grill

 

    • 2018  – Robbie Bach  former senior vice president of Microsoft.

 

    • 2017  – James Dicke II , Chairman and CEO of Crown Equipment Corporation.

 

    • 2016  – Milton Ezrati , former senior economist and market strategist Lord Abbett Funds.

 

    • 2016  – Walt W. Bettinger II, CEO at The Charles Schwab Corporation.

 

    • 2015  – H.J. Markley ’72  retired executive vice president of John Deere.

 

    2015  – Michelle Stacy, former President of Keurig, Inc.