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Mathematical Economics

Overview

You have an abiding interest in broad societal issues, yet you thrive on facts and figures. You enjoy using precise mathematical tools to understand and solve real world problems. You are an analytical thinker who sees how data from the past and present can be used to predict and influence the future.  If this sounds like you, you’re the kind of student who will thrive in Hofstra’s Mathematical Economics programs.

As a Mathematical Economics or Mathematical Business Economics student, you will learn to apply advanced mathematics to track trends and gain fresh insights into how different actions and attitudes affect individual, corporate, national and global economic realities. You will explore a variety of economic systems and theories, and engage in deep analysis of data that help identify patterns, predict future trends and potentially improve the well-being of society as a whole.

To do so, you will delve deeply into economic theories and courses like advanced calculus, linear algebra, differential equations, and probability and statistics taught in the Mathematics Department. Our talented faculty will help you apply powerful analytic tools to specific issues involved in economics, melding the practical and theoretical.

All our Economics programs provide a solid grounding in basic economic principles and theories. Our faculty is diverse and international, which provides a real-life global dimension to your studies. You will find that our professors’ different views and backgrounds encourage lively discussions and allow you to develop your own perspective on economic theories and how best to analyze them.  What you learn in Hofstra’s multi-disciplinary Mathematical Economics programs will give you keen insights into a complex world and prepare you well for a successful career in the public or private sector.

Curriculum

All Mathematical Economics students at Hofstra receive a thorough grounding in basic economics principles, including micro- and macroeconomics, and historical economic theory, as well as advanced mathematical methods and quantitative analysis. After that, your studies will become more specialized, depending on whether you pursue a BA or a BS degree:

  • BA in Mathematical Economics: Students in this program focus more on the use of analytical tools to understand broader economic issues, often pursuing careers in government, consulting or academic research.
  • BS in Mathematical Business Economics students use quantitative analytics to address specific needs in the corporate world, grooming themselves for careers as economists, actuaries, investment managers, financial planners, marketing managers and more. And they take electives chosen from the five departments within the Frank G. Zarb School of Business.

Because Mathematical Economics is a multidisciplinary program, you will have a foot in the door of Hofstra’s departments of social sciences, Department of  Mathematics and, for Mathematical Business Economics students, the Frank G. Zarb School of Business.

Many students choose to pursue double majors, combining Economics with Political Science, Philosophy or other social sciences, or with various business disciplines or pre-law. We also offer  a BA in Economics, a BS in Economics (Business), a Labor Studies degree and a minor in economics. In addition, students can opt for an accelerated dual degree program that leads to either a BA or BS in Economics/MBA degree.

No matter which Mathematical Economics degree you earn at Hofstra, you will be ready to bring the power of complex mathematical modeling and analysis to today’s economic challenges.

Recent Alumni Outcomes

Mathematical Economics students at Hofstra are ready to achieve success in academic, corporate, government, and non-profit jobs, or to pursue an advanced degree.

Recent graduates of Hofstra’s Mathematical Economics program are actively employed in a variety of government and corporate settings:

  • Microsoft
  • Prudential Financial
  • Royal Bank of Canada Wealth Management
  • Foresters Financial
  • NYC Housing Authority
  • Wells Fargo

Our graduates also are enrolled in a range of prestigious graduate programs including, Columbia University, Johns Hopkins University, Stanford University, New York University, Syracuse University

100% job, grad school or both
100% accepted a job within six months of graduation
$46K median salary
Get More Info on Program Outcomes

Internships/Experiential Learning

Students in Class

Mathematical Economics demands that students dig deeply into the nuts and bolts of what makes economies thrive, learning how to combine the theoretical and the practical to help develop fact-based solutions to real-world problems. When possible, we encourage students, particularly those in our Mathematical Business Economics program, to acquire professional experience through internships with local and regional businesses, government agencies, and non-profit institutions. These opportunities let students explore different careers, learn general business skills and explore the practical application of their studies. Many internships lead to eventual full-time jobs with the same employer, or in the same area of business or government.

Some of the internship opportunities our Mathematical Economics students have pursued include:

  • Goldman Sachs
  • NYS Legislature
  • Deutsche Bank
  • United States District Court
  • Wells Fargo
  • Empire Wealth Strategies
  • Viacom Media Networks
  • FirstData
  • Westco Financial Group

 

Meet Fernando Rocha

Las Vegas native Fernando Rocha ‘16, a mathematical business economics major, served as president of Hofstra’s Model United Nations. He was also part of the Investment Analysis Association, Economics Club, ALPFA and the Center for Civic Engagement. He even worked as a research assistant for a finance professor. An internship with Wells Fargo during sophomore and junior years as a summer financial analyst led to a full-time job with the firm’s financial analyst program in commercial banking.


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