Abroad studying economics in the US is the first choice of many young people and parents on the way to conquering knowledge and building a foundation for a career. The economics major gives you useful knowledge and extensive job opportunities. Why is the US the ideal country to study economics? Let's answer these questions with BALBOA in the article below!
What is the study of economics?
Economics studies the production, distribution, and consumption of goods and services, and delves into the ways society manages its scarce resources. The research process aims to explain how economies work and how they interact with each other. Economics has only become a discipline in its own right since the late nineteenth century.
The economic sector can be divided into 2 sub-sectors: Microeconomics and Macroeconomics. Currently, economic principles are effectively applied in social life, in commerce, finance and public administration, even in the fields of education, society, law... In the economic era Constantly developing, economics is always a trending subject and is prioritized by recruitment companies.
The remarkable development of economic studies in the US
As a country with a developed economy, US educational programs related to this field are also extremely developed with more than 1000 different study programs. There are many options available to students in America's business programs, from advanced degrees to special programs for international students.
In particular, at American universities, in addition to learning basic specialized knowledge, students also hone practical skills to serve their future jobs, meeting the standards of the employers.
American international students will have the opportunity to participate in extracurricular activities and internship programs at many businesses, thereby having a good chance to find suitable jobs after graduation.
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It can be said that attending business schools in the US helps students have more competitive advantages because of their excellent teaching programs, diverse study programs as well as many opportunities to interact with other strong economic organizations or companies.
Economics students in the US after graduate school can get a master's degree specializing in finance, accounting, business administration, international business, etc. In the era of a globalized economy, the main economy is the economy. The lifeblood of each country, the economic training industry is hotter than ever, creating more job opportunities in the future.
Eligible qualities to study economics in the US
To study and advance in the field of economics, you need to have the following qualities:
• Good communication, likes trading activities, has the ability to negotiate and persuade
• Ability to search, collect and process information quickly
• Perseverance, high sense of responsibility, ability to withstand high pressure from work
• Creative, decisive, continuously learning and innovating at work
• Good foreign language ability is a huge plus.
Especially, in a country with a dynamic and developed economy like the US, qualities such as dynamism, creativity, market sensitivity, etc. play an even more important role.
Why study economics in the US?
Experience high-quality education
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Studying economics in the US not only helps you master foreign languages - an important factor for success in the market but also equips you with solid specialized knowledge and soft skills: communication ability, presentation ability, critical thinking...
Diverse job opportunities
The attractiveness of the economic sector lies in the wide range of job opportunities with competitive income. Young people studying economics can take up many positions in different fields such as Accounting, Finance and Banking, Marketing, Logistic, Business...
Not only that, through economic subjects at the school, students will better understand the situation of social life to know how to orient work and themselves. The income level of people studying economics depends on their job position and capacity.
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For example, fresh graduates of international economics usually receive a salary of 8-10 million/month. When they have worked for 2-3 years, their salary can be up to 20-25 million/month. If you work at multinational corporations and successfully run your own business, an income of 40 -50 million VND/month is within reach.
If you choose to study economics in the US, future bachelor's and masters will easily find high-level jobs such as economists, investment banking analysts, data analysts, marketing managers, auditors, teachers and many other businesses with an average income of up to $70,000/year, equivalent to 1 billion 650 million VND.
Enhance integration
Many of the world's most famous economic groups live in developed countries. Studying economics will give you the opportunity to practice and work at these prestigious corporations. Rubbing and touching reality in attractive environments will give you a lot of valuable business experience to advance in your job or start a business.
Choosing to study abroad economics in the US, students can register to participate in paid internship programs for 12-18 months with very high salary support at large corporations such as Sheraton, Asiana Airlines, etc.
Conditions for studying economics in the US
If you are wondering about choosing a country to study economics, the US is definitely the perfect destination. With the world's No. 1 educational quality and a leading developed economy, American international students will have access to the best training programs in both theory and practice, and have the opportunity to experience the best extremely professional working environment in large economic groups.
Conditions for studying abroad
• Have an English certificate such as IELTS 5.0 or higher
• Graduated from high school, college, university
• Meet the health and financial requirements set forth by the school.
Cost of studying abroad
• University: About 8,500 – 30,000 USD/year
• Postgraduate: About 9,500 – 40,000 USD/year
Top Business Schools in the US
• University of Pennsylvania
• Harvard University
• Princeton University
• Massachusetts Institute of Technology
• University of Michigan
• Stanford University
• Carnegie Mellon University
• University of North Carolina
• New York University
• Columbia University
Ending
Above is the general information about studying abroad economics in the US compiled by BALBOA. We hope that our sharing has helped you understand more about the economic industry as well as have the right direction for your study abroad journey. Besides, if you have any questions about studying in the US, please contact BALBOA for a free consultation!
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