Whether you realize it or not, you are involved in business activities daily. The buying and selling of goods is a business activity that happens every day. Due to technological development, the business world is also changing rapidly. To involve yourself in business, you need to learn a number of things. Economics and finance is a big part of this area.
Why should I study Economics and Finance?
A major in economics will make you marketable for most jobs in the business world. The knowledge gained from this major such as supply and demand theory, production and cost, inflation, interest rates and so on are important considerations in business decision making. A good understanding of this area will be an advantage to adapt to the changing economic environment. This will enhance one’s expertise to be able to analyse critical problems in the business world which will enhance the operational efficiency of the firm you are working with.
A major in finance will provide you the skills in dealing with budgets, stocks, bonds, investments and so on. This field is about managing money, funds and finances. This will then enable you to help organizations make money and its financial long term planning. Your duties will lead you to sharpen your interpersonal, creative thinking and problem solving skills as you will be dealing with complex financial data.
In a way, studying economics and finance will somehow overlap at some point since financial operations are affected by the economy. Both disciplines will complement each other in giving you a clearer picture of the business world. Therefore, a major in both areas will be more appealing to your future employers seeking well qualified candidates for their organization.
English Language Requirements: