BS in Business Economics in the Philippines

The Bachelor of Science in Business Economics program provides an in-depth knowledge and a wide range of skills to students regarding economic theories, organizational and financing issues with the use of quantitative and analytical approach. It aims to produce graduates who are competent in explaining economic issues of interest, and have access to economic data and methods used in gathering them.

What are the admission requirements for Bachelor of Science in Business Economics in the Philippines?

  • Must have recommendation from high school principal and school professor
  • Must have the Original copy of high school card (Form 138A)
  • Must have most recent medical and dental health record
  • Must take and pass the college entrance examination
  • Must have a copy of NSO certified birth certificate
  • Must have a certificate of good moral character
  • Must have a copy of high school diploma
  • Must have recent 2x2 colored pictures

How long does it take to complete Bachelor of Science in Business Economics in the Philippines?

The Bachelor of Science in Business Economics takes 4 years to complete.

What subjects are included in the Bachelor of Science in Business Economics program?

  • Introduction To Production/Operations Man
  • Introduction to Quantitative Economics
  • Introduction to Business Management
  • Fundamental Accounting & Practice
  • Computer Methods and Applications
  • Science, Technology & Society
  • Law on Business Transactions
  • Management Accounting
  • Marketing Management
  • Organizational Behavior
  • Philosophical Analysis
  • Elementary Statistics
  • Economics Elective
  • Business Finance
  • Microeconomics
  • Macroeconomics
  • Business Policy
  • Economics
  • Humanities

What are the career opportunities for graduates of Bachelor of Science in Business Economics in the Philippines?

  • Analyst staff members in litigation or mergers and acquisition departments.
  • Staff in consulting agencies
  • Insurance representatives
  • Risk management analysts
  • Financial analysts
  • Marketing Staff
  • Staff in banks
  • Forecasters
  • Researchers
  • Sales Staff

Reviews of BS in Business Economics graduates:

Raymond Crisostomo
Studied Bachelor of Science in Business Economics
at University of the East - Manila , Manila
Graduated: 2011

About my college education:
First of all I would like to share the reason why I took up business economics in the first place since we all know that this course is not that popular to the youth right now.

I was in my 3rd year high school when I decided that I will take economics in college because that time my ultimate goal is to become the PRESIDENT of the Philippines because I really love to help other people.

I think the key in choosing a career or course that you will take is to follow your heart. Yes, you must first find what is your passion, something that you think you will do even though you will not receive any reward from doing it, after that exert all of your efforts to master your craft, and focus on giving value to other peoples lives and and the money will just be a delightful by-product of your hard work.

My course is indeed interesting in a sense that you will understand how a limited resources of a country was allocated and used efficiently to supply the unlimited wants and needs of its people. We know that if there is efficiency, there is more money, and we are all interested in money, isn't it?

I believe that everything we do is difficult, there is no such thing as an easy course, I think the more appropriate measurement is the reward that we will get after the suffering. Economics is difficult because it has a lot of math and we are aware that most students don't like math. But after you finish the course, I bet you will say "It's all worth it".

Business Economics is both enjoyable and challenging, I think this course is for people who find enjoyment on pressure and challenges. Economics always pushes you to your limits until you realize that you gain so much knowledge throughout the process

For a student to succeed on this course he or she must be good in mathematics and critical thinking. Its not enough that you know how to use the equations what more important is you understand what those equation means and you know how to interpret those computed values. For example we can say if the country's economic performance is doing good or not by simply looking at the statistics like GNP, GDP, Inflation rate, etc. But how will the layman understand such values? that's where economist comes in, to interpret those values.

My current job:
I'm currently working with Factset Research systems as a research analyst, I've been in this company for more than a year and all I can say is that so far so good.

Basically my job is 100% related to my course, as a research analyst our job is analyze research reports from different brokerage companies around the world who provide estimated data of a companies valuation like future sales, net profit, expenses etc.

Our company consolidates those reports to arrive at a very accurate consensus, then these data are being viewed by our clients like fund managers, investment bankers, financial institutions, and the like to help them with their investment decisions.

To work with a multinational research institution is really great, not only we receive high salary and a lot of non monetary benefits like Health benefits, shuttle service, free meal and drinks, medical reimbursements and so much more, we are also given a chance to understand how stock market from different countries really work and thus we are able to learn how to invest in stocks. I'm not mentioning yet how good the environment is :)

What is more enticing is that my shift is 6am to 3pm, so I have a lot of spare time I can use for hanging out with friends, watch movie, have dinner and more, I can also use this spare time to find for another source of income.

Am I using what I learned in college:
Since my job is totally related to my course I can use both theoretical and logical skills that I acquire during college. Theoretical skills are the skills that we learned through books so thus its very difficult to use those skills if our job is totally unrelated to our course. Logical skills on the other hand can be and must be applied in any career. We also learned clerical skills like how to use a computer applications, a xerox and fax machine, and the like.

That is why its very important for students to identify what they want as early as possible. The early we identify what we want the more time for us to master the skills that is require in order for us to be successful on the career we chose.

In my case since my job is related to my course I can use both theoretical and logical skills. Again it goes back to the concept of choosing the career path that you really like.

Just like Paul Getty says:
There are 3 secrets to become successful,
1. Wake up early
2. Work hard
3. Find oil!

and for us the question is, What is our OIL FIELD? in order to be successful we must find our own oil field, the thing that we are very passionate about, and as soon as we find our oil field we must work hard, we must dig and mine until we found our treasure.

How long did it take to find a job after graduation:
I started to look for a job right before I finish college, around 2 to 3 weeks before the final exams. The reason for this is that I want to be ahead of everybody since job opportunities are relatively lower that the number of graduates, just like the old saying "The early bird catches the worm".

When going for your first interview, you must come prepared. Research for the company because most of the interviewers will ask what you know about the company and the job, I suggest also that you gather information like awards receive by the company, the community services that they are involve, with these you can show to the interviewer that you are not only after the job but you really want to be a part of a great institution.

Expect the worst in the interview. I experience the weirdest questions like how many baseball balls you can put inside a bus. The key here is to become creative. Interviewers do not look only to your academic skills but they are more after your critical thinking and problem solving skills.

The experience of having a job interview is priceless. It helps you build your confidence and self esteem. After nailing a job interview it is as if you can do everything you want to do.

After 2 weeks of walking around the streets of Ayala ave and Bonifacio Global City, I landed my first job at the prestigious town of Mckinley Hill in Taguig.

Before that Job offer call, I actually applied for a lot of companies like BPI, Metrobank, BDO, Toyota, Maersk, and many more.

I suggest is that when you are looking for your first job, apply for as many companies as you can so you can able to choose the best company that suits your need.

After a month of training, the graduation ceremony finally arrives, I already have a job and most of my batch mates will still find one after the ceremony, and with that I became very proud of myself :)

Do I recommend studying Bachelor of Science in Business Economics:
I will recommend any Business course in terms of employment opportunities and salary level.

Business graduates are by far the most flexible work force. Every company has a business side. Even if it's a non profit organization still it has a business that needs business graduates. Even hospitals that looks for nurses and doctors still has a business side. Basically, business graduates can apply for any company unlike nurses, they cannot apply for company like Factset Philippines since they don't have the theoretical or technical skills required to perform the task of a research analyst.

Salary wise, business graduates are paid more compared to other professions. May not be higher than what a licensed engineer or doctor gets but still it is relatively higher than that of nurses. Plus there is a ton of opportunities available for business graduates like sales, which is pretty much related to their course since they have marketing. But if you want a high paying salary, I don't recommend applying for a bank especially if its an entry level position like bank tellers since they are paid less.

Fulfillment depends on a person's passion. I think the end goal of most people is to find their fulfillment, and in order to find that you must first identify what is your passion. Fulfillment is far beyond the satisfaction that you will get from receiving a high salary. So I recommend that you follow your passion because I believe that every man who follows his passion and never gave up on his dream will always succeed.
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