Bachelor of Science in Economics and Business Analytics*

The Bachelor of Science in Economics and Business Analytics degree is an interdisciplinary program that provides students with an understanding of the analytical and economic skills they need to address key problems in business. The curriculum includes courses in economics, business, statistics, econometrics, and analytics. It is designed to prepare students to analyze business issues and design effective data-driven solutions. Graduates will be prepared to become leaders and managers in a wide range of fulfilling careers in the private, public and nonprofit sectors or to pursue graduate study.

Stuart School of Business is a global leader in bridging technology and business, offering distinctive education that provides students with the knowledge and skillsets to become outstanding professionals.

Economics and Business Analytics at Illinois Tech have a prestigious history that dates back to the late 1800s, with some of the nation’s first courses in “Family and Consumer Science” (including “Home Economics” and “Household Management”), and the subsequent formation of the university’s Department of Business and Economics in 1926. The Department Business and Economics ultimately grew into a separate school at Illinois Tech – the Stuart School of Business, with a gift from university alum and renowned financier Harold Leonard Stuart. Harold L. Stuart himself was a national leader in finance and economics in the first half of the 20th century, and his Chicago investment bank played a pivotal role in establishing the city as a global hub for business.

Over a period of more than 125 years, harnessing curricular innovations and incredible scholarly works by trailblazing Illinois Tech scholars, including Herb A. Simon (author of Administrative Behavior, later awarded the Nobel Prize in Economics), Karl Menger (developer of the St. Petersburg paradox in economics) and Abe Sklar (developer of the Copula in financial and analytical modeling), the Stuart School of Business has refined economics and analytics education. A long-standing leader in curricular innovation, in 1990, building on the foundational works of numerous Illinois Tech scholars, and Harold L. Stuart’s own contributions to finance and the broader business community, the Stuart School of Business established quantitative finance and financial analytics as an academic discipline, with a world’s first postgraduate Master’s program in Financial Markets and Trading – a program that highlighted a new model for embedding into a postgraduate academic program the emphases on career readiness and connectedness with the business community, and transformed business education.

The Bachelor of Science in Economics and Business Analytics offers students an incredible opportunity to complete a core set of courses in both disciplines, with expanded access to subject matter experts. As with all Stuart majors, the program emphasizes co-curricular opportunities that place students on the path to self-actualization and career success. Leadership, entrepreneurship, experiential learning, positive societal impact, and connectedness to the business community, combined with a human-centered approach to student development, and an unyielding focus on student success, are core pillars of all Stuart programs. Stuart is accredited by the Association to Advance Collegiate Schools of Business (AACSB) – an accreditation achieved by fewer than 6% of business schools worldwide.

The Bachelor of Science in Economics and Policy builds on Stuart's history and tradition of impactful undergraduate education that leads to career success for graduates. The innovative program, which offers students both economics and analytics perspectives, requires the successful completion of 126 credit hours.

* indicates that this program is an Incubator Program. Please visit Incubator Programs for more information. 

Required Courses

Required Economics Courses (33)
BUS 100Introduction to Business and Economics3
ECON 151Microeconomics3
ECON 152Macroeconomics3
BUS 211Financial Accounting3
BUS 212Managerial Accounting3
BUS 221Business Statistics3
ECON 311Intermediate Microeconomics3
ECON 312Intermediate Macroeconomics3
ECON/BUS 382Business Economics3
ECON 383Sports Economics3
ECON 423Economics of Capital Investments3
Required Business Analytics Courses (33)
BUS 102Introduction to Business Analytics3
ECON 251Introduction to Econometrics3
BUS 321Analytics for Optimization3
BUS 305Operation and Supply Chain Analytics3
BUS 371Marketing Fundamentals3
BUS 473Marketing Analytics3
BUS 475Sales Management and Analytics3
BUS 484Data Analytics and Visualization3
BUS 480Strategic Management and Design Thinking3
Choose 2 electives from the following courses6
Organizational Behavior3
Strategic Cost Management3
Business Law3
Topics in Entrepreneurship 3
International Finance3
Corporate Finance3
Financial Modeling 3
Financial Derivatives3
New Product Development3
Consumer Behavior3
Mathematics Requirements (4)
MATH 148Preparation for Calculus4
or MATH 151 Calculus I
or MATH 191 Business Calculus
or MATH 192 Finite Mathematics
Natural Sciences and Engineering Requirements (10)
See Illinois Tech Core Curriculum, section D10
Humanities and Social Science Requirements (21)
See Illinois Tech Core Curriculum, sections B and C21
Computer Science Requirements (2)
CS 105Introduction to Computer Programming2
or CS 110 Computing Principles
Interprofessional projects (IPRO) (6)
See Illinois Tech Core Curriculum, section E6
Free Electives (11)
Select 11 credit hours11
Total Credit Hours120

Bachelor of Science in Economics and Business Analytics* Curriculum

Year 1
Semester 1Credit HoursSemester 2Credit Hours
BUS 1003BUS 1023
ECON 1513BUS 2213
CS 105 or 1102ECON 1523
Humanities Elective (200 Level)3Social Science Elective3
MATH 148, 119, 151, or 1924Science Elective4
 15 16
Year 2
Semester 1Credit HoursSemester 2Credit Hours
BUS 2113BUS 2123
BUS 3213BUS 3713
ECON 3113ECON 3123
Humanities Elective (300+)3Humanities Elective (300+)3
Science Elective3Science Elective3
 15 15
Year 3
Semester 1Credit HoursSemester 2Credit Hours
BUS 4733BUS 3053
ECON 2513BUS 4753
ECON 3833ECON 3823
Economics or Analytics Elective3Economics or Analytics Elective 3
Social Science Elective (300+)3IPRO Elective I3
 15 15
Year 4
Semester 1Credit HoursSemester 2Credit Hours
BUS 4843BUS 4803
ECON 4233Free Elective 3
Free Elective 3Humanities or Social Science Elective3
IPRO Elective II3Free Elective3
Social Science Elective (300+)3Free Elective2
 15 14
Total Credit Hours: 120

* indicates that this program is an Incubator Program. Please visit Incubator Programs for more information.