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Business Economics

BA offered by the Faculty of Liberal Arts & Professional Studies

Have you always been fascinated by business, management, entrepreneurship and the economics of building, sustaining and growing an enterprise? Do you have a love for economics and the macro and micro economic theories behind day-to-day interactions and transactions in business and finance? If so, majoring in Business Economics at York can be a fantastic stepping-stone to a variety of careers and professional paths. Whether as preparation for an immediate career or an eventual MBA, majoring in Business Economics will expose you to important issues in contemporary global business, will put you at the crossroads of business management and economic theory, and will give you the analytical tools to tackle important challenges faced by today’s business leaders.

Career Options in Business Economics

Here are just some of the career options related to this major. As all degrees offer transferable skills, some jobs are more closely linked to this field than others. Check Canada’s Job Bank for regional requirements.

  • Accountant
  • Banker
  • Brand Strategist
  • Business Ethics Consultant
  • Business Media Correspondent
  • Business Planner
  • Corporate Manager
  • Economist
  • Entrepreneur
  • Financial Advisor
  • Financial Analyst
  • Fund Manager
  • Government Worker
  • Industry Analyst
  • Lawyer
  • Logistics Specialist
  • Market Researcher
  • Marketing Director
  • Political Advisor
  • Portfolio Manager
  • Professor
  • Project Manager
  • Public Policy Analyst
  • Real Estate Analyst
  • Recruiter
  • Retail Strategist
  • Risk Analyst
  • Stock Analyst
  • Supply Chain Manager
  • Sustainability Consultant
  • Trader
  • Venture Capitalist
  • Wealth Manager
  • Corporate Consultant

Some career choices may require further education, such as graduate studies or professional courses and exams. For detailed career descriptions and specific requirements, please check Canada’s Job Bank.

Entry-Level Positions in Business Economics

An undergraduate degree is typically sufficient for these positions, though some locations may require additional qualifications. For region-specific information, please check Canada’s Job Bank.

  • Accountant Assistant
  • Business Analyst
  • Data Analyst
  • Economic Analyst
  • Financial Analyst
  • Financial Assistant
  • Government Research Assistant
  • HR Assistant
  • Investment Analyst
  • Junior Consultant
  • Junior Economist
  • Market Research Assistant
  • Operations Assistant
  • Policy Analyst
  • Project Coordinator
  • Research Assistant
  • Retail Analyst
  • Sales Analyst
  • Supply Chain Assistant

For career descriptions, visit Canada’s Job Bank. Some occupations may also be found on Career Cruising; for login information, navigate to the Career Centre’s homepage in Experience York.

Skills Developed through a Degree in Business Economics

Core Skills

  • Well-developed understanding of contemporary business management techniques and effective and practical business strategies
  • Strong analytical skills and a familiarity with statistical methods used in today’s business milieu and the ability to apply them to real world challenges
  • In depth knowledge of economic theory and its application to business analysis
  • Exposure to associated fields such as finance and concepts relevant to contemporary business

Communication, Data Gathering and Organizational Skills

  • Deduction of information from various sources and the ability to concentrate on relevant resources
  • The ability to organize, understand and analyze sources of information and to apply novel forms of technology or new information to different professional settings and tasks
  • The capacity to critically analyze problems, think creatively and make sound decisions while considering different sides of an argument
  • The ability to explain complex ideas clearly to others and to apply complex theoretical concepts to everyday practice and professional dilemmas
  • The skills to collect various types of information, assess them, analyze and incorporate potential linkages from different fields, put them into writing and efficiently convey your message and the goal of your work

Management and Teamwork Skills

  • The ability to interpret and analyze information presented by peers and efficiently and constructively support or challenge their proposals, theories, ideas and reports to achieve a project’s intended and successful end-result
  • The capacity to lead and interact with a variety of people with different approaches and personal and professional backgrounds
  • Skills enabling you to work effectively in group situations, partaking in decision-making, leading and contributing in various capacities to the ultimate success of the team and task
  • The capability to identify priorities and proper courses of action, to plan the execution of tasks and to determine and delegate responsibilities to group members to most effectively carry out projects

Professional Associations

Professional associations offer valuable insights into qualifications, industry trends, and career opportunities. They provide networking events, workshops, mentorship programs, and internships, as well as job boards and career development resources. Additionally, some associations offer professional licensing and regulatory oversight.

  • Canadian Association for Business Economics (CABE): The CABE is a professional organization that connects business economists in Canada, promoting the exchange of economic knowledge and supporting career development in the field.
  • National Association for Business Economics (NABE): The NABE is an American organization that supports business economists by providing networking, professional development, and resources to enhance the practice of business economics.
  • National Business and Economics Society (NBES): The NBES is a professional society that brings together individuals interested in business economics, providing opportunities for collaboration, research, and development in business and economic practices.
  • Canadian Institute of Management (CIM): The CIM is a professional association that supports the development and advancement of management professionals in Canada through education, certification, and networking opportunities.

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