Economics, Bachelor of Science
The undergraduate degree program in Economics is designed to broaden the student’s understanding of basic economic theories and their applications to domestic and global economic issues. The program is offered to students in the Peter J. Tobin College of Business as well as those enrolled in St. John’s College of Liberal Arts and Sciences. The program serves students interested in a business career and seeking preparation for entry-level positions in industry, as a prelude to graduate study in business, law, education, and other professions, and as the basis for advanced graduate study usually required for positions as a professional economist in business and government.
The program will prepare graduates who:
Demonstrate the ability to apply the competencies of the discipline.
- Describe business cycles and identify reasons for business fluctuations.
- Identify economic measures and describe reasons for changes in the economy.
- Describe and illustrate market influences on business strategies.
- Identify the implications of a global economy.
Demonstrate recognition and understanding of broad business competencies.
- Describe the financial reporting process and how accounting systems control business operations.
- Describe the importance of economic analysis on the global and national economy.
- Recognize market needs and develop new markets.
- Apply management and human resources development theories to human resource issues and organizational problems.
- Use office productivity software (data bases, presentation graphics, word processing, spread sheets, and Internet research) effectively and efficiently.
- Identify sources of capital, and analyze the impact of participation in the global capital markets.
- Describe the legal and regulatory environment and analyze the impact of changes in relevant requirements, constraints, and competitive practices.
- Describe the use of statistical techniques to analyze business data and discern relationships.
- Formulate an effective business plan for an organization.
Apply business knowledge, skills, and values effectively in a variety of settings.
- Conduct research using primary and secondary sources.
- Write cohesively organized material with consistently correct grammar and mechanics in a style appropriate to the issue.
- Deliver effective presentations that engage the entire audience.
- Communicate and exchange information within a meaningful context and with appropriate delivery so that it is understood by individuals with diverse capabilities and interests.
- Motivate individuals and groups to achieve results.
- Demonstrate capability to give and receive appropriate feedback in a team situation.
- Link data, knowledge, and insight from various disciplines to provide information for decision-making.
- Describe the effects of technology on the broader business environment and determine how new technologies should best be incorporated into organizations.
- Determine the nature of a situation, analyze available statistical data, and decide on the principles and techniques needed to solve problems or make judgments.
Demonstrate an understanding of professional responsibility, ethical obligations and social awareness.
- Identify the ethical considerations and legal ramifications of a business decision and propose a course of action for individuals and firms.
- Describe the appropriate action to take in an ethically ambiguous situation.
- Identify local, national and global current events and understand their ethical impact on society and business.
- Describe how an individual or a firm maintains a reputation for excellence in the performance of responsibilities.
Appreciate the Vincentian value of service.
- Complete a service-learning project and/or demonstrate involvement in community or charitable service.
- Participate in experiential learning projects.
Global Approach to Education
Students can serve those in need while learning about the world of micro-financing by participating in GLOBE. This student-managed academic program works with the University's strategic partners to provide loans for aspiring entrepreneurs who would otherwise be unable to secure loans.
Exciting study abroad programs give students in The Peter J. Tobin College of Business the chance to experience the rich history, culture and perspectives of others around the world while gaining a competitive edge before embarking on careers in today’s global society.
Students take advantage of St. John’s location in dynamic New York City. Our faculty and Career Center have strong ties to employers and other professional and educational resources throughout the New York area. Students also make New York their classroom through innovative courses like Discover New York.
Along with outstanding courses and renowned professors, accounting students in The Peter J. Tobin College of Business at St. John's benefit from world-class academic and technological resources.
The Financial Information Lab boasts state-of-the-art learning tools including 29 computer workstations. Each computer offers the latest FactSet financial software. The lab provides access to Bloomberg systems as well as news, stock market information and financial data to enrich every student’s understanding of the business world.
Drawing on St. John's extensive contacts in New York City's business sector, the Executive-in-Residence Program (EIRP) is a unique feature of The Peter J. Tobin College of Business. Guided by leading executives who serve as teachers and mentors, students engage in real-world consulting for actual businesses and non-profit organizations.
The Undergraduate Student-Managed Investment Fund is a highly selective program that gives students hands-on experience with managing a substantial portfolio.
The Peter J. Tobin College of Business Dean’s Distinguished Scholars Program
This elite program offers opportunities for high-achieving undergraduate business students to share their academic journey with fellow scholars in the program. It features enriched curricular activities designed to stimulate intellectual, professional, and personal growth by combining opportunities for career development, global study, research projects with faculty, and academic service learning.
Students are selected for the program by Tobin faculty. Business students who graduated in the top 10 percent of their high school class and scored a minimum combined verbal/mathematics SAT score of 1300 will be considered.
The Dean’s Distinguished Scholars Program participation requirements include:
- Enrollment in Distinguished Scholars-designated courses
- Participation in a subsidized Scholars Global Destination Course
- Completion of at least one internship course
- Participation in two workshop/speaker/career development activities per semester
- Maintenance of a 3.5 cumulative GPA, both overall and within student’s major
The benefits of the program are many, notably:
- Participating students receive a $2,000 grant toward the Tobin Global Destination course
- Participating students have the option to conduct research with a faculty member within the student’s major
- Participating students may live with other Distinguished Scholars in one of the University’s residence halls