UG Study Abroad Guide for Business and Economics Students
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UG Study Abroad Guide for Business and Economics Students

UG Study Abroad Guide for Business and Economics Students
Blog

UG Study Abroad Guide for Business and Economics Students

For Indians, studying business and economics is a popular career choice. It opens up a plethora of possibilities in a variety of fields. Moreover, planning to study business and economics in another country is a good decision because the scope of these courses in certain locations is limitless. However, the process of applying to different universities is different for international students. Here is all you need to know before applying to any university.

What’s Business & Economics?

Business & Economics mainly refer to the exchange of services, goods and something valuable between persons. 

Business & Economics as subjects are the study of trade, commercial activities and accounting and financial operations.

The Future of the Business & Economics Stream

If you are wondering if non-science streams don’t have a bright future, then you are mistaken. Studies show good Business & Economics has a greater impact on the economic development of a country. If you look around the world, then you will find some of the greatest entrepreneurs abroad are Business & Economics graduates. As businesses develop, new industries expand, the demand for skilful Business & Economics graduates will rise. Some of the most demanded jobs are HR, Investment Banker, etc. 

Business & Economics Sector Highlights & Mega Trends

Post-COVID, the Business & Economics sector has seen a big change. Not to mention, due to the pandemic, the marketing and e-commerce sector has grown at a tremendous rate and will continue to grow by 84% in the coming years. Some major megatrends that will contribute to the future growth of the business are:

  • Use of Augmented Reality (AR) for an enhanced shopping experience in e-commerce sites.
  • Use of AI in online businesses.
  • Contextual and Programmatic Advertising.
  • Marketing Automation.
  • Mobile Business & Economics.
  • Voice Search for better customer experience.

Education Prospects in Key Countries

A career in Business & Economics is in demand due to major economic changes. It is a promising career and may provide you with high-paying jobs, job satisfaction and jobs in various sectors. The Business & Economics courses abroad provide students with endless opportunities, world-class education and practical learning within the industry at an affordable price. Business & Economics are the most sought after and competitive programs, with approx. 20% of the international students’ cohort applying to these courses. Here are five key countries that are famous for offering Business & Economics courses all over the world: 

United States

The USA offers the most top-ranked universities around the world. International students most prefer the Business & Economics courses in the USA due to top-notch education and plenty of opportunities in the job sectors after graduation.

United Kingdom

The UK ranks as the number one most preferred country when it comes to pursuing higher education. The UK is filled with world-renowned universities and business schools that provide world-class education from the best faculties in the industry. 

Canada

The B.com course in Canada is filled with the practical learning experience and an understanding of modern businesses and processing. Canada is one of the safest locations for international students. Therefore, you can consider Canada as an option to study Business & Economics after the 12th. 

New Zealand

New Zealand is a great option when it comes to studying business. The universities provide a world-renowned education with practical knowledge on developing existing businesses or starting your own.

Europe

The bachelor’s in Business and Economics in Europe is a four years degree. And all you will find, most of the top Universities are located in Europe. It provides a standard higher education to its students. The bachelor’s degree in Europe is now available in private universities, state Universities and even online Universities. 

Top Universities for UG Business Programs in Key Countries

Some top universities to study various Business & Economics courses in the key countries are as follows:

Universities in the USA

  • UPenn (Wharton)
  • MIT
  • Babson University
  • Carnegie Mellon University
  • New York University
  • Cornell
  • UC Berkeley
  • University of South California
  • University of Michigan
  • Georgetown University

Universities in the UK

  • University of Oxford
  • Imperial College London
  • Lancaster University Management School
  • Cranfield School of Management
  • University of Warwick — Warwick Business School
  • London Business School
  • The University of Manchester 
  • University of Edinburgh Business School

Universities in Canada

  • University of Toronto
  • McGill University
  • University of Alberta
  • The University of British Columbia
  • Western University
  • Queen’s University
  • University of Waterloo

Universities in New Zealand

  • University of Auckland
  • Victoria University of Wellington
  • University of Canterbury
  • University of Otago
  • Massey University
  • University of Waikato
  • Lincoln University

Universities in Europe

  • Bocconi University, Italy
  • IESE Business School
  • Copenhagen Business School
  • Erasmus University Rotterdam, The Netherlands
  • Politecnico di Milano

General Eligibility Requirements for Getting Admission in the Business & Economics Stream in Top Universities

Although, the eligibility criteria vary from university to university and country to country. Here is the general eligibility requirement for Bachelor’s in Business & Economics in top universities:

  • Candidates must have completed the class XI exam with a >80% score.
  • Students must score 6.5 in language proficiency exams like IELTS, TOEFL and should appear for standardised exams like SAT or ACT for countries like the US.
  • Students must take part in several extracurricular activities like a debate club, economics club, school store, investment clubs, entrepreneurship club and likewise. 

Now that you have a good understanding of what pursuing Business & Economics courses abroad involves, get in touch with the UniVisory team to get endless information on studying Business & Economics abroad! Begin browsing for universities, preparing for tests and working on your essay to impress international universities and achieve your aim.

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