Business Economics

You recognize there is an art to business economics, which goes way beyond numbers. Our students use accounting and finance principles to analyze organizational structures and apply them to business. Combine that with a liberal arts education and you have the ability to make businesses stronger, more viable and help the world economy thrive.

Our graduates work at Deere & Company, Caterpillar, Northwest Bank & Trust, and for professional basketball, baseball, and hockey franchises.

Ambrose Advantages

  • Small Classes
  • Learn from Experts in the Field
  • Coordinated Double Majors

professor in class


students in a row

You will benefit from our personalized attention, faculty who share their real-world business experience and internships that allow you to contribute rather than observe.

Read our fact sheet on the Economics program (pdf)

More Information on the Business Economics Program

What will I learn?

You get a well-rounded Business Economics education at SAU. Business classes include accounting, finance, management, and marketing. Economics classes dive into theories of micro- and macroeconomics, public finance, data analysis, and law. You can learn about international, environmental, banking, real estate, and labor economics.

Most of our Business Economics students double major or minor in Accounting or Finance, which adds value to your education and professional career. You could also double major or minor in International Business or International Studies. The global knowledge you will gain can take you anywhere.

How can I supplement my education?

The SAU College of Business has a comprehensive internship program to give you quality, hands-on experience that makes you marketable to future employers.

Economics students have interned at many regional and national corporations, including the Rock Island Arsenal, Deere & Company, and Merrill Lynch. Or, complete an internship abroad. 

Study Abroad

You've heard people say it before: "College will be the greatest time of your life!" With Study Abroad, you can add even more to your college years.

You can study in another country – without paying extra tuition – in a semester-long or short-term study abroad program (with a few offered during spring and winterim breaks). No matter the duration, these trips deepen your professional education while earning credit toward graduation.

There are also opportunities through an exchange program, an overseas internship, or volunteering. The limits for Study Abroad are only ones you set for yourself! SAU students have studied in Italy, Costa Rica, Australia, Korea, United Kingdom, Spain, Ecuador, Japan, Germany, Peru, Cyprus, Croatia, Belize, Canada, Chile, and more.

SAU students returning from their Study Abroad locations talk about their time away as life-changing - personally, emotionally, culturally, and academically. Click here to search our Study Abroad programs, and for general information click here.

What are some career opportunities?

Business economists dig deep into data and help guide economic health, which gives you a myriad of career opportunities. You can work for financial service companies, insurance firms, lending organizations, marketing and environmental agencies, and production and manufacturing companies.

Many economists work for local, state and federal governments analyzing productivity, wages, and employment. You could also work for a research firm or think tank, or international company and organization.

Many of our economics graduates have pursued higher degrees in economics or finance, and a number have gone to law school.


Jim Bang, PhD, Chair and Assoc. Professor

Greg Bereskin, PhD, Professor


Students have the opportunity to compete for scholarships awarded by the university based on need or academic merit.

You may also qualify for a scholarship or grant due to your talent in the fine arts or athletics. Give us a call or send an email so we can get to know you and find the best package for you. (You're also encouraged to seek outside scholarships and begin that search early.)

Occasionally, there are scholarship opportunities specifically targeted to Economics majors. Contact Dr. Jim Bang, department chairperson, for more information.

Degree Requirements

Bachelor of Arts in Business Economics

ACCT 201 Accounting Principles I
ACCT 202 Accounting Principles II
BUS 201 Legal Environment of Business
ECON 201 Principles of Macroeconomics
ECON 202 Principles of Microeconomics
FNCE 300 Principles of Finance
FNCE 301 Financial Valuation in the Corporation
FNCE 302 Investments: Security Analysis in a Global Environment
STBE 137 Quantitative Reasoning in Business
STBE 237 Statistics for Business and Economics
MGMT 310 Principles of Management
MGMT 349 Strategic Management & Policy
MKTG 209 Principles of Marketing
PHIL 305 Business Ethics
INTL 400 International Experiential Portfolio (1 credit)

Choose from the following (18 credits):
ECON 312 Intermediate Macroeconomic Theory
ECON 313 Intermediate Microeconomic Theory
ECON 331 International Economics
ECON 400 Senior Capstone Seminar in Economics
ECON 447 EconometricsSelect 3 credits from:
Any 300-level ECON course
FNCE 402 Investments: Bond, Fund and Risk Management
FNCE 403 Management of Financial Institutions
FNCE 492 Topics in Valuation

Plan to Graduate

This plan assumes the student has not satisfied foreign language requirements (three years in high school).

If you have questions, send an email to Department Chair, Dr. Jim Bang.

Year One

STBE 137 3 THEO GenEd 3
Foreign Language 101 3 ECON 202 3
ACCT 201 3 Foreign Language 102 3
ENGL 101 3 ACCT 202 3
COMM GenEd 3 KIN 149 1
InfoLit 1 HUM GenEd 3

Year Two

ECON 201 4 STBE 237 3
MGMT 310 3 ECON 313 3
BUS 201 3 FNCE 300 3
MKTG 209 3 PHIL GenEd 3
SCIENCE GenEd 4 GenEd 2
KIN GenEd 1-2
TOTAL 16 TOTAL 16-17

Year Three

ECON 312 3 ECON 447 3
ECON 331 3 FNCE 403 3
FNCE 301 3 PHIL Elective 3
FNCE 302 3 PHIL 305 3
Liberal Arts 3 ECON Elective 3

Year Four

ECON 400 3 WI-MGMT 349 3
Electives 9 ELECTIVES 9
INTL 400 1 FNCE 492 3
FNCE 402 3

**One semester in the junior year reserved for Study Abroad
WI=writing intensive

Economics Minor (21 credits)


STBE 237 or equivalent;
ECON 201, 202;
and 12 credits of upper level ECON elective courses.

Katie Zorn

Bachelor of Arts in Accounting, International Business, and Theology,Cost Accountant at HNI Corporation in Cedartown, Georgia,Class of 2015

When Katie talks about her Ambrosian experience she describes a community that values academics, professionalism, spiritual life, and personal growth. With us, you will get an education rooted in the liberal arts and Catholic Intellectual Tradition, and so many opportunities to discover your path in life.

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Jim Bang, PhD, Program Director

Ambrose Hall 306
518 W. Locust St.
Davenport, IA 52803

So, what's next?

Are you ready to take the next step? St. Ambrose offers more than 60 programs and 27 athletic teams and sports to join on campus. Become an Ambrosian today!