Business Track

Economics and Decision Sciences

WESTERN COMMITMENT SCHOLARSHIP:
Rewarding Academic Achievement
(4-years)

The Western Commitment Scholarship is a new program intended to reward students with excellent academic ability who demonstrate achievement in high school by offering 4-year scholarships towards the cost of attendance at Western Illinois University. New freshmen who submit all application materials for admission by May 15 are automatically considered for Western Commitment Scholarships. No separate scholarship application is required to be considered for a Western Commitment Scholarship. Awards are based on student's high school GPA and ACT/SAT score. High school GPA will be based on weighted or unweighted GPA, which ever is higher, and converted to a 4.0 scale. The ACT score considered is the highest composite score submitted to WIU. Students can enter as new freshmen in any semester but the Western Commitment Scholarship may only be used for Fall and Spring semesters. The scholarship will be distributed half in the fall semester and half in the spring semester. Western Commitment Scholarships are renewable for up to four years (eight semesters) of undergraduate study at WIU by maintaining eligibility requirements. Students may move up in scholarship levels if they improve their ACT/SAT scores prior to the start of the academic year.

CAREER PROSPECTS

Highest-paying majors: Economics

WSJ: From College Major to Career

msn.com: 10 jobs that pay $85,000

Economists: What they do?
(from: careers.msn.com)

Economists study the production and distribution of resources, goods and services and apply economic analysis to issues in a variety of fields, such as education, health, development and the environment. Some economists study the cost of products, health care or energy. Others examine employment levels, business cycles or exchange rates. Still others analyze the effect of taxes, inflation or interest rates.
Median annual pay: $89,450

EVENTS

WIU Events Calendar

Suggested Courses in Economics

(Select 4 courses.)

ECON 421G Business Cycles and Economic Growth
ECON 440G Labor Theory
ECON 470G International Trade or ECON 570 International Trade Theory
ECON 512 Industrial Organization
ECON 513 Economic Theory and Forecasting
ECON 526 Global Markets
ECON 588 The Economics of Entrepreneurship
ECON 598 Entrepreneurial Experience

Suggested Elective Business Cognate Areas

(Select up to 3 courses. A fourth coursemay be taken by petition.)

Accounting:

ACCT 507 Accounting for Management Decisions
ACCT 547 Corporate Financial Reporting and Analysis

Computer Science:

CS 482G Survey of Microcomputer Applications

Decision Science:

DS 503 Business Statistics for Managerial Decision Making

Finance:

FIN 515 Finance for Managers
FIN 565 Financial Management: Theory and Practice

Marketing:

MKTG 516 Marketing Strategy and Functions
MKTG 566 Marketing Decision Making

Management:

MGT 500 The Management of People and Organizations

Western Illinois University: Macomb Campus

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