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6 Courses taken for the Business major must be taken within the last five years to be awarded credit for major selection. Courses to satisfy the foreign language requirement: Chinese, French, German, Italian, Japanese or Spanish) Supplemental application due January 31st Middle 80% GPA range is Statistics 1,637 applications received 91 students offered admission 6

7 UCI also offers minors in Accounting and Management 7

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10 Business Economics: This major is for students seeking a business orientation in their study of economics. Courses in this major will focus more on business applications than a traditional Economics major. Two semesters/two quarters of Calculus; Only Analytic Geometry and Calculus accepted GPA varies for each campus. It is important to complete major prerequisites as some campuses indicate it is highly selective. 10

11 UC Irvine Applicants must complete the four courses listed above in red for transfer. B or better in each course. The minimum GPA is a 2.80 however a higher GPA is recommended to be competitive. See Assist for additional approved course for the major. UCLA Listed above are the lower division preparation courses for the major. THIS MAJOR IS HIGHLY SELECTIVE AT UCLA. ALL preparatory courses should be completed by the spring term just prior to transfer. All courses must be taken for a letter grade. The calculus course requirements should be met as early as possible. After transfer to UCLA, students may not change their major to Business Economics if they were originally admitted to a major outside the Department of Economics. For more information regarding this major and UCLA's transfer selection process, visit and UC Riverside Although completion of the course work listed below is not mandatory prior to admission, students are advised to complete as much lower division course preparation as possible prior to transfer. Completion of lower division course work prepares students for upper division work at UCR and helps students move more efficiently towards graduation. The minimum GPA is a 2.40 however a is recommended to be competitive. 11

12 Economics is a different discipline from business administration. However, there are substantial overlaps. Both disciplines study the behavior of individuals and business firms within the context of market, legal, and other institutions. Economics tends to emphasize the workings of the institutions from the viewpoint of the larger society. While business tends to emphasize the workings of the institutions from the viewpoint of a business enterprise. Campuses require at least one semester/quarter of Calculus, most require two semesters, and UCSD requires three quarters. Some campuses accept Business Calculus, but most require Analytic Geometry & Calculus. Check Assist for information regarding major preparation, GPA, grade requirements, additional approved and recommended courses for the major. GPA varies for each campus. It is important to complete major prerequisites as some campuses indicate they are highly selective. 12

13 UC Berkeley College Admission Requirements for Transfer Students This major is offered by the College of Letters and Science (L&S). By the end of the spring term preceding fall enrollment at Berkeley, you must complete: 1) The L&S Requirements in Reading & Composition, Quantitative Reasoning, and Foreign Language; OR 2) IGETC Major Requirements: Complete as many lower division major requirements as possible. Primary selection criteria for admission, in general: completion of L&S Requirements (or IGETC), plus strength of academic preparation, and grade point average. Admission to Berkeley with the stated intent to major in Economics does not guarantee acceptance into the major. A departmental application is required. Transfer students must apply to the major during the first four weeks of their first semester. Prerequisites: Prior to registering for Berkeley courses, you are expected to have completed: 2 semesters of calculus Econ 1 One semester of math or statistics must be taken during the first semester at Berkeley before a student is admitted to the major. Most transfer students complete 2 semesters of calculus prior to Berkeley, and take statistics during the first semester at Berkeley. UC Davis Transfer students are strongly advised to complete as many preparatory courses as possible for their major before enrolling at UC Davis. Check Assist notes for recommended math courses and math sequence. UC Irvine Transfer applicants with the highest grades overall who satisfactorily complete course prerequisites will be given preference for admission. All applicants must complete the following courses: one course in microeconomics, one course in macroeconomics, and two semesters of approved firstyear calculus All required courses must be completed with a grade of B or better in each course. The minimum GPA is a 2.80 however a higher GPA is recommended to be competitive. Check Assist for additional approved courses for the major. UCLA Listed above are the lower division preparation courses for the major. THIS MAJOR IS HIGHLY SELECTIVE. ALL preparatory courses should be completed by the spring term just prior to transfer. All courses must be taken for a letter grade. The calculus course (from the math/physical science sequence) requirements should be met as early as possible. After transfer to UCLA, students may not change their major to Economics if they were originally admitted to a major outside the Department of Economics. For more information regarding this major and UCLA's transfer selection process, visit and UCM For admission to the Economics major, students must earn an overall GPA of 2.4 or better, and must complete classes articulated with the following UC Merced courses prior to admission: ECON 1 and MATH 11 or MATH 21. Completion of IGETC is recommended for this major. All course work must be completed with a letter grade of "C" or better. See Assist for one additional major lower division approved course (COGS 1 or POLI 1 or PSY 1 or SOC 1). UC Riverside Although completion of the course work listed above is NOT mandatory prior to admission, students are advised to complete as much lower division course preparation as possible prior to transfer. The minimum GPA is a 2.40 however a is recommended to be competitive. UCSD Transfer students are strongly advised to complete as many preparatory courses as soon as possible for their major before enrolling at UC San Diego. This should include lower division economics courses (Microeconomics & Macroeconomics) as well as the calculus classes that are required. Students are not able to begin their upper division core economics courses until the three required math classes are complete. UCSB Transfer students are strongly advised to complete as many major preparatory courses as possible prior to enrolling at UCSB. Transfer applicants who wish to declare the Economics pre major must complete the following courses with a 2.75 or better grade point average, with no individual grade lower than C: (1) microeconomics, (2) macroeconomics, and (3) calculus courses articulating with UCSB's MATH 3A 3B or MATH 34A 34B. (A single course articulating with both MATH 34A and 34B is acceptable.) Students are admitted initially to the pre major. Admission into the full major is contingent upon completion of ECON 1, 2, and 10A with a grade point average of 2.85 or above in those courses completed at the University of California and with no grade lower than C. See Assist for additional info. UCSC Students must take three courses prior to petitioning for entry to an economics major: Economics 1 (Introductory Microeconomics) and Economics 2 (Introductory Macroeconomics) and one of the following calculus courses: ECON/AMS 11A, Mathematical Methods for Economists; or MATH 11A, Calculus with Applications; or MATH 19A, Calculus for Science, Engineering, and Mathematics. Students who have a combined grade point average (GPA) of 2.8 or better in Economics 1, 2, and the first calculus course, will be admitted to the economics major upon applying. See Assist for additional recommended courses and major prep. information. 13

14 Management Related Majors: Management Related Majors Quantitative majors in applied economics with a management focus. Students will learn the analytical tools, quantitative methods and problem solving strategies to succeed in a modern business environment. Microeconomics, Macroeconomics, and Calculus required by all. UCSD requires Analytic Geometry & Calculus. Check Assist for additional approved and recommended courses. Managerial Economics, UCD: Managerial Economics goes beyond the limits of traditional economics and business majors, blending a thorough grounding in economic theory with business knowledge and applications. The program provides an in depth exposure to economics and quantitative methods, problem solving strategies, critical thinking and effective communication, and training in statistics and computer science. Management and Business Economics, UCM: Major provides rigorous analytical and quantitative training from a blend of fields including economics, management theory and other social sciences. It focuses on analysis and problem solving across a wide spectrum of management activities. Management Science, UCSD: Quantitative major in applied economics with a management focus. Builds on a set of related quantitative methods for optimal allocation of scarce resources in private and public enterprises. Covers some of the functional fields of business management; however, the degree is more focused on quantitative methods than a traditional business administration major. Helps to prepare students for a MBA program. Business Management Economics, UCSC: The major has several important elements. First, it combines the strong analytic approach of economics with the technical aspects of management. Second, it recognizes that computing has become intrinsic to business and will continue to be an essential skill for those who wish to enter this field. Students in this concentration will gain knowledge about using computing as a tool for analysis of economic, statistical and financial data. Third, the major strongly recommends that students complete an Economics field placement to obtain practical experience. 14

15 Managerial Economics, UCD: Transfer students are strongly advised to complete as many preparatory courses as possible for their major before enrolling at UC Davis. Preparing well for the major helps students move efficiently toward graduation and significantly reduces time to degree. See Assist for additional recommendations. Management and Business Economics, UCM: For admission to the Management and Business Economics major, students must earn an overall GPA of 2.4 or better, and must complete classes articulated with the following UC Merced courses prior to admission: ECON 1 and MATH 11 or MATH 21. See Assist for additional lower division articulated courses (not required for admission). Management Science, UCSD: Transfer students are strongly advised to complete as many preparatory courses as soon as possible for their major before enrolling at UC San Diego. This should include lower division economics courses (Microeconomics & Macroeconomics)as well as the calculus classes that are required. Students are not able to begin their upper division core courses until the first three required math classes are complete (Math 20A, B, C). Business Management Economics, UCSC: Selection Criteria: Students must take three courses prior to petitioning for entry to an economics major: Economics 1 (Introductory Microeconomics) and Economics 2 (Introductory Macroeconomics) and one of the following calculus courses: ECON/AMS 11A, Mathematical Methods for Economists; or MATH 11A, Calculus with Applications; or MATH 19A, Calculus for Science, Engineering, and Mathematics. Students who have a combined grade point average (GPA) of 2.8 or better in Economics 1, 2, and the first calculus course, will be admitted to the economics major upon applying. See Assist for additional major prep information. 15

16 Math/economics and mathematics/finance related majors lead to diverse career positions. Some examples include financial planner, investment banker, market researcher, operations research analyst, actuary. These majors can also prepare students for doctoral studies in economics or business. These majors require in most cases math beyond Calculus. Important to check Assist for information related to major preparation and specific required and recommended courses. Quantitative Economics, UCI: The major in quantitative economics prepares students for quantitative careers in finance, business, and law for and for graduate studies in the social sciences. Mathematics/Economics, UCLA: The Mathematics/Economics B.S. degree program is designed to give students a solid foundation in both mathematics and economics, stressing those areas of mathematics and statistics that are most relevant to economics and the parts of economics that emphasize the use of mathematics and statistics. Mathematics and Economics, UCSD: Apply the formal methods used by statisticians to analyze data to learn about the real world. Use basic econometric methods to quantify uncertainty with confidence intervals; use regression to infer causal relationships; and use regressions for prediction. Critically interpret empirical studies. Set up, solve, and analyze optimization models. Apply optimization models to consumer, producer, and market theories Use game theory to analyze the strategic behavior of individuals and firms. Economics/Mathematics, UCSC: The major in Economics and Mathematics is designed to meet the needs of undergraduate students who plan to pursue doctoral study in economics or business, or who wish to pursue a career as an actuary or other profession requiring a sophisticated understanding of economics and mathematics. The major combines the main undergraduate content of both Economics and Mathematics within a programmatic structure that joins the two disciplines. 16

17 Quantitative Economics, UCI: Highest grades overall who have satisfactorily completed course prerequisites will be given preference for admission. All applicants must complete the following required courses with a grade of B or better in each course: microeconomics, macroeconomics, and two quarters or two semesters of approved first year calculus. The minimum GPA is a 2.80 however a higher GPA is recommended to be competitive. Mathematics/Economics, UCLA: Students should complete as many preparation courses as possible by the spring term prior to transfer. All courses must be taken for a letter grade. To be considered for any Mathematics major, you must complete at least four semesters/five quarters of calculus through multivariable and either linear algebra or differential equations by the spring prior to transfer. Economics and Mathematics, UCSD: Students are strongly advised to complete as many preparatory courses as soon as possible for their major before enrolling at UC San Diego. This should include lower division economics courses as well as the calculus classes that are required. Students are not able to begin their upper division core economics courses until the first three required math classes are complete. Having some of these classes complete will help students move more efficiently toward graduation. Economics/Mathematics, UCSC: Students must take three courses prior to petitioning for entry to an economics major: Microeconomics, Macroeconomics and the first calculus course(business calculus is not acceptable. Students who have a combined grade point average (GPA) of 2.8 or better in Microeconomics, Macroeconomics and the first calculus course, will be admitted to the economics major upon applying. 17

18 Math/economics and mathematics/finance related majors lead to diverse positions like a financial planner, investment banker, market researcher, operations research analyst, actuary or doctoral studies in economics or business. These majors require in most cases math beyond Calculus. Important to check Assist for information related to major preparation and specific required and recommended courses. Mathematical Analytics and Operations Research, UCD: The Mathematical Analytics and Operations Research major addresses a critical need in business for scientifically trained analysts who can use mathematical models to interpret big data, analyze markets and forecast trends this major is ideally suited to students with an interest in business or economics. Students will develop the skills to perform data analysis and develop reliable models for forecasting, decision making and long term planning in fields ranging from financing to entertainment and education. Mathematics/Financial Actuarial, UCLA: Major is designed for students interested in working in the actuarial field or the application of mathematics, finance, and statistics. At the end of this program, students will have sufficient knowledge to pass the first five preliminary actuarial exams: P, FM, MLC, MFE, and C. Actuarial Science, UCSB: The B.S. in actuarial science is a specialized degree intended for students interested in a career as an actuary, a professional who advises businesses about economic risks. This degree is particularly suited for students with good math skills who are: business oriented, self motivated, enjoy analyzing problems, and think of exams as challenges rather than ordeals. Financial Mathematics and Statistics, UCSB: It is offered jointly by the Department of Statistics and Applied Probability and the Department of Mathematics, in cooperation with the Department of Economics. This demanding major is intended for students interested in the role that mathematics, probability and statistics play in pricing and hedging securities in the financial markets. Students graduating in Financial Mathematics and Statistics have open to them a wide change of career choices, including commercial banking, corporate finance, financial planning, investment banking, money management and real estate or pursue a graduate degree. 18

19 Mathematical Analytics and Operations Research, UCD: Students are strongly advised to complete as many preparatory courses as possible for their major before enrolling at UC Davis. In order to receive priority consideration it is strongly recommended that transfer students complete UC transfer admission requirements in English and mathematics by the end of fall term, one year prior to enrollment. Financial Actuarial Mathematics, UCLA: Students should complete as many preparation courses as possible by the spring term prior to transfer. Transfer students are admitted as Pre Financial Actuarial Mathematics majors and must apply to the Financial Actuarial Mathematics major after their first term at UCLA. All courses must be taken for a letter grade. To be considered for any Mathematics major, you must complete at least four semesters/five quarters of calculus through multivariable and either linear algebra or differential equations by the spring prior to transfer. Actuarial Science, UCSB: Course exceptions permitted only for a particular major are noted as "acceptable for substitution." Transfer students are strongly advised to complete as many major preparatory courses as possible prior to enrolling at UCSB. Although completion of all major preparatory courses is not an admissions requirement, completion, or near completion, of these courses will help students move more efficiently toward graduation after transfer. Financial Mathematics and Statistics, UCSB: In addition to information provided for Actuarial Science at UCSB, students are admitted initially to the pre major. Admission to the full major is contingent upon completion of pre major courses in mathematics and economics courses with a grade point average of 2.50 or above in pre major courses completed at the University of California, and completion of one course in computer programing with a grade of C or higher. Because the criteria are subject to annual review and revision, transfer students should consult the department directly to obtain current information regarding specific additional criteria for admission to the full major. Admission to the pre major does not guarantee admission to full major status. 19

20 These majors cover a wide variety of subjects and focus on specific areas of business (information analysis), industry (environment), or economics (regional/global based). Major preparation courses, and recommended GPA, vary widely. It is important to consult with admissions representatives, Assist and department websites for specific requirements and competitiveness for admission. Other Business Related Majors: Environmental Economics and Policy, UCB: This major offers an opportunity to explore aspects of economic and political institutions that affect the development and management of natural resources and the environment. The program takes a problemsolving approach to issues involving renewable and fixed natural resources, and it is based on a foundation in microeconomic theory and the economics of resources and the environment. Political Economy, UCB: This major examines the relationship between politics and economics in modern societies, focusing on problems of both domestic and international policy. The curriculum is both multi and interdisciplinary and is based on the assumption that political economic relationships are affected by society, culture, geography, and demographics. Business Information Management, UCI: The program seeks to educate students to understand and then apply the theories and concepts of a broad, integrated curriculum covering computing, informatics, business fundamentals, and analytical decision making. Administrative Studies Economics, UCR: Examines the factors determining national income, inflation, unemployment, output, growth and inequality as well as the behavior of individual decision making units like households and firms, the role of markets, money and interest rates, the forces affecting international trade, and other problems of production and distribution. Business Informatics, UCR: Covers the core of computer science and basic business and management topics. It prepares students for careers in design and management of computer and information systems, system and network administration, and e commerce. It is also useful for careers that apply information technology to support business processes. Economics and Accounting, UCSB: The accounting program consistently graduates students who perform exceptionally well on the CPA exam. Due to the combination of accounting and economics taught to those completing the emphasis in accounting, our students are actively recruited throughout the year by corporations and public accounting firms, including the four leading international accounting firms. International Studies Economics, UCSD: This program challenges students to explore the processes and consequences of interactions among institutions and individuals at the international and national, and global and local levels. This major is interdisciplinary in nature and a student could choose Economics as their Disciplinary Focus. Environmental Studies Economics, UCSC: This major is intended to provide students with the basic tools of economics analysis and an understanding of the mechanics of resource production, conservation, and use, in both ecological and economic terms. Global Economics, UCSC: Global Economics majors study economics in the context of a particular geographic area, incorporating language study, area study, and study abroad into their academic plan. Students who complete the program will develop a sound understanding of economics in an international context, focusing particularly on one geographic area. The program also increases the educational opportunities of undergraduates to develop critical thinking skills and gain experiential learning opportunities in the area of international economics. 20

21 Business related minors can help expose students to the field especially if they have a non business/economics related major. This will later help students when applying to graduate school in business/finance/economics fields. Minor lower division requirements vary and can include microeconomics, macroeconomics, accounting, calculus, statistics. Minors can be declared after meeting specific requirements or may be required to apply in cases of limited enrollment. The following minors are multi disciplinary in nature and have a focus in technology: Technology Management (UCSC) focuses on integration of engineering, computer science, information technology and business management. Technology Management (UCD) focuses on learning business and management skills that will enable a student to use and apply their engineering and science education more effectively in today s competitive technology arena. UC Santa Barbara offers an undergraduate Technology Management Certificate program. For more information go to 21

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23 4 Courses That Can Prepare You For An MBA 1. Quantitative Methods and Analysis Regardless of your MBA specialization, you are going to have to take some type of quantitative or math course during the program. Even MBA programs with a specialization in marketing or management, for example, require students to take courses in statistics, financial analysis and accounting principles. If it s been years since you ve done any type of math, it might be worth enrolling in an introductory or review type class through an extension program in order to brush up on your basic equations; in fact, if the programs you re applying to require that you take the GMAT, consider taking a course in math review, algebra or calculus before you take the test to improve your score and chances of getting in. 2. Management Most MBA programs include a specialized management class, dedicated to topics such as operations management, human resources management or financial management. Having a grasp of the fundamental principles before you enroll in a specialized or topical management course will help you better apply your new knowledge; you won t be behind the curve because you aren t familiar with the basic vocabulary or principles, for example. 3. Economics and Finance Economics is another subject area in which it s good to have a solid background before attempting graduate level coursework. Understanding basic principles of both micro and macroeconomics will allow you to spend time gaining new knowledge and applying new skills. The same goes for finance. Basic financial principles are the same no matter which industry you re working in. Understanding how to use financial data for analysis and prediction before you start applying industry specific principles will give you a broader base from which to work and help you avoid frustration and confusion. 4. Computer Skills Chances are you know how to use basic computer programs, but if your skills with a program like Excel extend to listmaking or mail merges, then a basic training course in how to perform advanced spreadsheet functions might be in order before you enroll in business school. In a finance or accounting course, for example, you might receive a data set to analyze or interpret, and without a basic knowledge of how to use formulas in a computerized program or even where they can be found will impede your progress. Some MBA programs offer a business school preparation or refresher course for new students who might not have a background in business or who have been out of the field for some time. If your school does not offer such a program, contact your local university extension, community college or look online for appropriate courses that will get you up to speed. Do not expect to transfer credits from these programs to your MBA, though, as most are taught at the undergraduate level and will not transfer. Earning an MBA is a major achievement, and you can make the process more fulfilling and be more successful by thinking ahead and anticipating the areas where you might have some trouble. If you re planning to go back to school, take courses that will prepare you for advanced study and start off your MBA studies on the right foot. 23

24 Effective oral and written communication Business professionals must be able to effectively articulate ideas and plans on paper, online and in person Creative innovation The ability to think about alternatives Experience (Co ops and internships provide that while you re in college.) English; Linguistics; Historical, Cultural and Literary Studies; Foreign Languages These majors instill precise writing, critical reading, textual analysis, persuasion and broad communication skills as they foster an appreciation of national and international diversity and a knowledge of foreign cultures. These majors prepare students for a wide range of endeavors requiring the ability to reason critically, communicate effectively, work in teams and understand complex relationships. 24

25 1. Consider your interests. What about business appeals to you? Are you a numbercruncher? Do you have a persuasive personality? Are you a team leader? Do you have an entrepreneurial spirit? Simply knowing you want a career in business isn t enough; think about your specific interests to begin to identify a specific business track. 2. Understand the skills sought by businesses. The primary skills required of successful business professionals are not necessarily business specific. We will later discuss the desired skills for business 3. Consider a wide range of majors. Assessing your interests and understanding the skills you ll need will help you find the major that is right for you. You need to choose a major you will enjoy, you will do better academically. 4. Get on the job training. Businesses constantly seek a competitive advantage; you should plan to do the same. Co ops and internships present critical opportunities to experience a career while still a student. Many students leverage a co op or internship to secure a job offer upon graduation. 5. Consider graduate school. Business professionals in every business track often find that an undergraduate degree isn t enough. A Master of Business Administration (MBA) may be in your future. MBAs come from every conceivable undergraduate background; in fact, an MBA can be a powerful complement to a bachelor s degree outside of business. 25

26 Does the Admissions Committee favor certain undergraduate majors or recommend certain undergraduate courses? No particular area of undergraduate preparation is required, but a completion of a US bachelor s degree from an accredited college or university, or the equivalent is required. You must have completed 16 years of education in order to be eligible to apply to the MBA Program. What factors are considered in admissions decisions? The Admissions Committee evaluates your academic potential, professional promise and personal qualities. These factors are not listed in order of importance, and we look at each candidate individually. The Admissions Committee s goal is to assemble a class of students who will bring diverse perspectives to the learning environment. 26

27 Peter Thiel Thiel studied 20th century philosophy as an undergraduate at Stanford University. He received his B.A. in Philosophy from Stanford in 1989 and acquired a J.D. from Stanford Law School in [13] An avowed libertarian, he founded The Stanford Review in 1987 along with Norman Book. The Stanford Review became famous for challenging campus mores including political correctness and laws against hate speech. The Stanford Review is now the university's main conservative/libertarian newspaper. Thiel formed friendships with other students at Stanford, many of whom contributed to the Stanford Review. These include Keith Rabois, David O. Sacks, and Reid Hoffman. Some of these friends later took up jobs at PayPal (co founded by Thiel) and became part of the PayPal Mafia. Patrick Soon Shiong is a South African born American surgeon, medical researcher, businessman, philanthropist, and professor at University of California at Los Angeles. He is currently chairman of the Chan Soon Shiong Family Foundation and chairman and CEO of the Chan Soon Shiong Institute for Advanced Health, National LambdaRail, the Healthcare Transformation Institute and NantWorks, LLC. He is minority owner of the Los Angeles Lakers and is ranked by Forbes as the wealthiest American in the healthcare industry and the wealthiest man in Los Angeles with a net worth of US$12 billion. Kenn Chenault One of the first African Americans to head a Fortune 500 company when he became the CEO of American Express in First attended Spring Field College on an athletic scholarship. He later moved to Bowdoin College for its strong liberal arts program and earned a history degree. Robert Iger Walt Disney CEO Robert Iger and finished his undergraduate studies as magna cum laude at Ithaca College as a communication major specializing in television and radio. His next stop? Working as weatherman for a television station in the area. But Iger quickly moved up the ranks in the media industry, in part because of his undergraduate studies. He was an executive at ABC before taking charge of Disney in

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