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Business program

The  Economic Data Analytics (EDA) Bachelor of Science in Business (BSB) focuses on quantitative analysis and aims to attract students who are specifically interested in a STEM undergraduate Economics program that highlights the economic analysis of data and the acquisition of software skills with such programs as STATA, R and SAS.  Students learn to analyze “big data” using economic theory and both cross sectional and time series data analysis techniques. The skills developed allow graduates to analyze data to make business decisions in the private sector and to inform public policy and regulatory decisions in the public sector.

Program Requirements Quarter Hours
Business Core Requirements 70
Liberal Studies Requirements 72
Major Requirements 34
Open Electives 16
Total hours required 192

STEM Designation

DePaul’s Bachelor of Science in Business degree with a major in Economic Data Analytics (EDA) is a STEM-designated program under CIP Code 45.0603: Econometrics and Quantitative Economics. International students who earn degrees from STEM-designated programs can qualify to extend their post-graduation stay in the United States for Optional Practical Training (OPT). OPT provides an opportunity for international students to develop their careers while also helping meet the demand for STEM-educated professionals in the U.S. workforce.

Students will be able to:

  •         Apply linear regression models to applications in economics and business.
  •          Use and program within statistical software [Stata, R and SAS].
  •          Define economic concepts needed to analyze issues in the business and popular press.
  •          Identify the function of key economic institutions, such as the Federal Reserve System.
  •          Employ an economic theory or model to analyze the impact of changes in economic variables.
  •          Assess the potential impact of government interventions on individuals, markets, and/or the macroeconomy.
  •         Clean and manipulate real-world data from sources such as social media, housing, health, financial and public        [Census and Current Population Survey].

College Core Requirements

Business Core Requirements

All undergraduate students in the Driehaus College of Business complete foundational courses in the areas of analytics, accountancy, mathematics, economics, business law, finance, management, management information systems/computer science, and marketing.

Course Requirements

For a student to complete the Bachelor of Science in Business, the following Business Core courses totaling at least 70.0 hours are required:

Course Title Quarter Hours
Business Core Courses
ACC 101INTRODUCTION TO ACCOUNTING I 14
ACC 102INTRODUCTION TO ACCOUNTING II 14
BLW 201LEGAL & ETHICAL ASPECTS IN THE BUSINESS ENVIRONMENT 24
BUS 102BUSINESS ANALYTICS4
ECO 105PRINCIPLES OF MICROECONOMICS4
ECO 106PRINCIPLES OF MACROECONOMICS4
ECO 315INTRODUCTION TO MONEY AND BANKING 34
or FIN 320 MONEY AND BANKING
FIN 310INTRODUCTION TO FINANCE4
MAT 137BUSINESS STATISTICS4
MGT 300PRINCIPLES OF MANAGEMENT4
MGT 301PRINCIPLES OF OPERATIONS MANAGEMENT 44
MKT 301PRINCIPLES OF MARKETING4
MKT 310CONSUMER BEHAVIOR4
Computer Science or MIS 5
Select one of the following:4
INTRODUCTION TO COMPUTER SCIENCE I
INTRODUCTION TO BUSINESS TECHNOLOGY AND DECISION MAKING
Communication 6
Select one of the following:4
EFFECTIVE BUSINESS COMMUNICATION
BUSINESS AND PROFESSIONAL COMMUNICATION
Business Capstone 7
Select one of the following:4
ENTREPRENEURSHIP STRATEGY
MANAGEMENT STRATEGY
HOSPITALITY STRATEGY (Hospitality majors only)
Global Business Perspective 8
Select 4.0 hours of the following:4
EUROPEAN ECONOMIC HISTORY
RADICAL RESPONSES TO CAPITALISM
TOPICS IN GLOBAL ECONOMIES
UNDERSTANDING CHINA'S ECONOMY
ECONOMICS OF LOW-INCOME COUNTRIES
INTERNATIONAL TRADE
INTERNATIONAL MONETARY ECONOMICS
ECONOMICS OF THE EUROPEAN UNION
INTERNATIONAL FINANCE
GLOBAL IPOs & VENTURE CAPITAL
INTERNATIONAL BUSINESS SEMINAR
GLOBAL HUMAN RESOURCE MANAGEMENT
INTERNATIONAL BUSINESS
MARKETING ACROSS CULTURES: A CULTURAL PERSPECTIVE ON MULTICULTURAL MARKETS
MARKETING IN A GLOBAL ENVIRONMENT
INTERNATIONAL MARKETING
WORK IN A GLOBALIZED WORLD
A course taken as part of a term-long study abroad program
Professional Writing
Select one of the following:2-4
PROFESSIONAL WRITING FOR BUSINESS (2.0 quarter hours)
TECHNICAL WRITING
PROFESSIONAL WRITING

Business Ethics

All undergraduate students in the Driehaus College of Business complete a course in Business Ethics. It is recommended students take MGT 248 or PHL 248 in Philosophical Inquiry or MGT 228 or REL 228 in Religious Dimensions in the Liberal Studies Program (or University Honors Program) Requirements.

Second Majors and Minors

The addition of a second major or minor may affect the Business Core classes required for a student. Meet with an academic advisor to confirm requirements.

Math Requirements for all business majors (except Actuarial Science majors)

Grade Minimum Requirements for Economic Data Analytic Major

A minimum grade of C- is required for the following: ACC 101ACC 102BUS 102ECO 105ECO 106ECO 315MAT 137, the course used for Professional Writing, and any ECO course used for Global Business Perspective.

Liberal Studies Requirements

Honors program requirements can be found in the individual Colleges & Schools section of the University Catalog. Select the appropriate college or school, followed by Undergraduate Academics and scroll down.

Plan of Study Grid
First Year ProgramHours
Chicago Quarter  
LSP 110
DISCOVER CHICAGO
or EXPLORE CHICAGO
4
Focal Point  
LSP 112 FOCAL POINT SEMINAR 4
Writing  
WRD 103 COMPOSITION AND RHETORIC I 1 4
WRD 104 COMPOSITION AND RHETORIC II 1 4
Quantitative Reasoning  
Not Required  
Sophomore Year
Multiculturalism in the US  
LSP 200 SEMINAR ON MULTICULTURALISM IN THE UNITED STATES 4
Junior Year
Experiential Learning  
Required 4
Senior Year
Capstone  
ICS 392 SENIOR SEMINAR 1 4

Learning Domains

Arts and Literature (AL)

  • 3 AL Courses Required

Historical Inquiry (HI)

  • 2 HI Courses Required 

Math and Computing (MC)

  • Not Required

Philosophical Inquiry (PI)

  • 2 PI Courses Required1

Religious Dimensions (RD)

  • 2 RD Courses Required1

Scientific Inquiry (SI)

  • 1 Lab Course Required

Social, Cultural, and Behavioral Inquiry (SCBI)

  • 1 SCBI Course Required

Notes

Specified required courses within Liberal Studies may have grade minimums (e.g. C- or better). Please consult your advisor or your college and major requirements.​

Courses offered in the student's primary major cannot be taken to fulfill LSP Domain requirements. If students double major, LSP Domain courses may double count for both LSP credit and the second major. Students who choose to take an experiential learning course offered by the major may count it either as a general elective or the Experiential Learning requirement.

In meeting learning domain requirements, no more than one course that is outside the student’s major and is cross-listed with a course within the student’s major, can be applied to count for LSP domain credit. This policy does not apply to those who are pursuing a double major or earning BFA or BM degrees.

Major Requirements

Course Requirements

In addition to ECO 105, ECO 106 and ECO 315, a student majoring in Economic Data Analytics (EDA) is required to complete the following courses totaling 34.0 hours:

Course Title Quarter Hours
ECO 250CAREER PREPARATION FOR ECONOMICS MAJORS2
ECO 304ANALYTICS FOR ECONOMICS4
ECO 305INTERMEDIATE MICROECONOMICS4
ECO 306INTERMEDIATE MACROECONOMICS4
ECO 376TIME SERIES ANALYSIS4
ECO 377ECONOMIC ANALYTICS USING SAS & R4
Select one from: 4
MATHEMATICAL ECONOMICS
BUSINESS CALCULUS I
CALCULUS I
CALCULUS FOR MATHEMATICS AND SCIENCE MAJORS I
CALCULUS FOR LIFE SCIENCES I
Select one from an empirical or data-focused elective: 4
URBAN ECONOMICS
ECONOMICS OF THE PUBLIC SECTOR
LABOR ECONOMICS AND ORGANIZATION
EXPLORING ECONOMICS & STATISTICS THROUGH SPORTS
ECONOMICS OF LOW-INCOME COUNTRIES
Select one elective of the following (cannot also be taken above):4
MANAGERIAL DECISION MAKING
BUSINESS STRATEGY
URBAN ECONOMICS
THE CHICAGO ECONOMY
MARKET STRUCTURE AND REGULATION OF BUSINESS
ECONOMICS OF THE PUBLIC SECTOR
EUROPEAN ECONOMIC HISTORY
AMERICAN ECONOMIC HISTORY
LABOR ECONOMICS AND ORGANIZATION
ECONOMICS AND GENDER
ECONOMICS OF RELIGION
LAW & ECONOMICS
FINANCIAL MARKET REGULATION
THE ECONOMICS OF POVERTY
HEALTH ECONOMICS
RADICAL RESPONSES TO CAPITALISM
TOPICS IN GLOBAL ECONOMIES
UNDERSTANDING CHINA'S ECONOMY
SUSTAINABLE STRATEGIES FOR ENERGY AND THE ENVIRONMENT
EXPLORING ECONOMICS & STATISTICS THROUGH SPORTS
DEVELOPMENT OF ECONOMIC THOUGHT
BEHAVIORAL ECONOMICS
DEVELOPMENT ECONOMICS
ECONOMICS OF LOW-INCOME COUNTRIES
INTERNATIONAL TRADE
INTERNATIONAL MONETARY ECONOMICS
ECONOMICS OF THE EUROPEAN UNION
GAME THEORY
SPECIAL TOPICS
INDEPENDENT STUDY

 If you are completing a double major or minor in finance, you must take FIN 320 in place of ECO 315.

ECO 393 may not be used towards the major.

ECO 395 may not be taken by students in the Driehaus College of Business.

Career Management Course

Students are required to complete the Career Course (250) associated with the major. Students who double major may choose the Career Course (250) associated with either major provided that hours for graduation are satisfied.

Global Business Perspective

If an ECO course is shared between Global Business Perspective and the Economics major, additional hours of Open Elective credit are required. Any ECO course must be passed with C- or higher.

Open Electives

Open elective credit (16.0 hours) is needed to meet the minimum graduation requirement of 192 hours.

Combined Bachelor’s + Master’s Program Participants

Students admitted to the Economics Combined Bachelor’s + Master’s program may apply up to three approved graduate course(s) towards undergraduate Economics major electives.

Graduation Requirements

All Economics (ECO) courses and any other courses used toward the Economics Data Analytics major must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.