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QS Rank:

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226

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The University of Virginia

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Virginia

United States

The Bachelor of Arts in Economics at the University of Virginia is an esteemed academic program designed to provide students with a comprehensive understanding of economic principles, theories, and applications. This program stands out due to its rigorous curriculum, which intricately weaves together theoretical frameworks with practical applications. Students will delve into initial courses that cover fundamental topics such as microeconomics and macroeconomics before advancing to complex subjects including economic modeling and international trade. The degree program offers a robust blend of analytical skills and critical thinking, essential for navigating the complexities of today's economic landscape.

The curriculum is meticulously crafted to ensure that students not only learn the theoretical underpinnings of economics but also gain hands-on experience through various practical applications. Core courses include advanced econometrics, public policy analysis, and game theory, each designed to sharpen students’ analytical capabilities. Additionally, elective courses allow students to tailor their education to suit their interests and career aspirations, ranging from environmental economics to behavioral economics. This flexibility in course selection empowers students to explore diverse economic fields while equipping them with vital skills that are highly sought after in the job market.

Faculty at the University of Virginia are renowned experts in their respective fields, bringing a wealth of knowledge and real-world experience to the classroom. The teaching methodology emphasizes a collaborative and interactive approach that encourages students to engage critically with the material. Faculty members employ various pedagogical techniques, including case studies, group discussions, and research projects, facilitating a dynamic learning environment that fosters deeper understanding. This direct engagement with faculty not only enriches the academic experience but also opens doors to research opportunities, allowing students to contribute to ongoing projects and studies under expert guidance.

Research plays a pivotal role in the Bachelor of Arts in Economics program, with abundant opportunities for students to engage in meaningful research activities. The University of Virginia is equipped with state-of-the-art resources, including access to economic databases, research centers, and collaboration with faculty advisors. Students are encouraged to participate in ongoing research projects or develop their own, providing them with experience that can be invaluable for future employment or further academic pursuits. This focus on research enhances not only students’ resumes but also their ability to analyze real-world economic issues critically.

The University of Virginia's extensive industry connections facilitate a robust internship and job placement program. Students have access to a wide array of internship opportunities, particularly during the summer months, allowing them to gain practical experience while honing their skills. The Economics program partners with leading organizations across various sectors, including finance, government, and non-profits, providing students with invaluable networking opportunities and a pathway to successful careers. Graduates of this program are well-regarded in the job market, often pursuing careers as financial analysts, policymakers, consultants, and economists in prestigious firms and government agencies.

Alumni of the Economics program have consistently achieved remarkable success, often highlighting their academic experience as a catalyst for their professional journeys. Graduates have secured positions in high-profile organizations such as Deloitte, Goldman Sachs, and JPMorgan Chase, testifying to the program's academic rigor and the quality of education provided at the University of Virginia. Alumni success stories serve as an inspiration to incoming students and reinforce the program's reputation as one of the leading economics programs in the nation.

In addition to its comprehensive curriculum and esteemed faculty, the Bachelor of Arts in Economics program at the University of Virginia offers unique features that distinguish it from other institutions. These include a variety of student-led economics clubs, workshops, and networking events that foster an active community among economics students. Furthermore, the university is situated in Charlottesville, a vibrant and culturally rich city, providing students with an enriching environment to learn and grow both academically and personally.

Why Study Economics at the University of Virginia

  • A highly ranked program known for its academic excellence and rigorous curriculum.
  • Experienced faculty members who are leaders in their fields, dedicated to student success.
  • Extensive research opportunities that allow students to engage in real-world economic issues.
  • Strong industry connections providing pathways to internships and job placements with leading organizations.
  • A vibrant student community with access to economics clubs, events, and workshops.
  • A diverse and inclusive learning environment that enriches the educational experience.

The prerequisites for enrolling in the Bachelor of Arts in Economics include having a high school diploma or equivalent. All applicants are required to submit SAT or ACT scores along with their high school transcripts. The admissions committee will also assess letters of recommendation, personal statements, and extracurricular activities as part of the holistic evaluation process. The University of Virginia employs a rolling admissions policy, which allows for flexibility and timely decision-making.

The total estimated tuition for the program is approximately USD 51,762 per year, which reflects the quality and value of education provided. The university also offers a range of scholarships based on merit and financial need, with popular options including the Thomas Jefferson Scholarship and the George Washington Scholarship. These scholarships can significantly alleviate the financial burden, making the program accessible to a wider range of students.

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Duration

48 Months

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Median Salary

$55,000

Ranking

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#110

US World and News Report

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#127

The World University Rankings

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#226

QS World University Rankings

Class Profile

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Class Size

250

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Average Age

22

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Average Work Experience

0 Years

Diversity

Others:

5%

Virginia:

69%

Northeast:

14%

Midwest:

7%

South:

4%

West:

1%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Teacher

Professor

Financial Analyst

Investment Banker

Lawyer

Researcher

Policymaker

Analyst

Consultant

Top recruiters

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$51,762 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of Virginia offers a variety of scholarships for students majoring in economics. These scholarships are based on merit, financial need, and other factors. Some of the most popular scholarships include the Thomas Jefferson Scholarship, the George Washington Scholarship, and the James Madison Scholarship. These scholarships provide full or partial tuition, room and board, and other expenses.
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    James Madison Scholarship

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    George Washington Scholarship

FAQs

  • A student can complete Economics at The University of Virginia with in 48.

  • The annual tuition fee to pursue Economics at The University of Virginia is USD 51762.

  • The submission of these scores mainly depends on the type of degree/ course selected at the The University of Virginia. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check The University of Virginia requirements before submitting a score.

  • Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of The University of Virginia, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at The University of Virginia can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official The University of Virginia website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at The University of Virginia by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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