Master of Business Administration with track in Economics
Enhance your leadership strengths to think critically and analyze data, as well as recognize economic impacts across all levels of consumer, business, government, and global management.
Program Overview
Explore the Longwood online MBA – Economics program
The Longwood University online Master of Business Administration with track in Economics degree program gives you the tools to rise as a strategic leader who can make data-driven decisions that influence organizational success.
This 100% online MBA from the AACSB-accredited College of Business and Economics empowers you to earn a career-focused master’s degree without putting your life on pause. Taught by experienced faculty, the rigorous curriculum strengthens your ability to think critically and helps you integrate data analytics and macroeconomics into your management practices. Through group projects and interactive coursework, you will gain insight into business cycles, demand forecasting, fiscal and monetary policy, as well as economic indicators such as GDP, unemployment, and inflation.
You will also deepen your professional knowledge of managerial accounting, information technology, entrepreneurship, team building, negotiation and conflict resolution, and more. Our capstone course provides the opportunity to synthesize your learning and develop a holistic management perspective you can apply across the business spectrum.
The College of Business and Economics at Longwood University is accredited by The Association to Advance Collegiate Schools of Business (AACSB International).
Graduates of the MBA - Economics track will:
- Demonstrate the concept of comparative advantage and the role of international trade in economic growth
- Compare and contrast key macroeconomic indicators for the United States with other major economies
- Build a foundational understanding of economics, accounting, ethics, finance, IT, management, and marketing
- Apply enhanced skills in quantitative analysis, trend analysis, data analysis, and reporting
- Demonstrate the concept of comparative advantage and the role of international trade in economic growth
- Compare and contrast key macroeconomic indicators for the United States with other major economies
- Build a foundational understanding of economics, accounting, ethics, finance, IT, management, and marketing
- Apply enhanced skills in quantitative analysis, trend analysis, data analysis, and reporting
Career opportunities
- Pricing Analyst
- Financial Analyst
- Management Consultant
- Economic Forecaster
- Market Research Consultant
- Data Analyst
- Pricing Analyst
- Financial Analyst
- Management Consultant
- Economic Forecaster
- Market Research Consultant
- Data Analyst
Have questions or need more information about online MBA?
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Tuition
Invest in your future with our online MBA
The MBA – Economics track offers affordable, pay-by-the-course tuition. The application fee is $40. All other fees are included in the total cost.
Tuition breakdown:
Virginia students
| Program | Per Credit Hour | Per 3-Credit-Hour Course | Per Program |
|---|---|---|---|
| MBA - Economics track | $431 | $1,293 | $13,361* |
Out-of-state students
| Program | Per Credit Hour | Per 3-Credit-Hour Course | Per Program |
|---|---|---|---|
| MBA - Economics track | $441 | $1,323 | $13,671* |
I definitely wanted to go to Longwood because I got to know the professors. It made it easier to connect with them and their teaching styles. Also, because it’s a small school, the courses are much more interactive. If you are emailing a professor, they will get back to you in two to three hours.
-Sarine Thomas, Longwood University MBA graduate
Calendar
View our upcoming enrollment dates and deadlines
The Longwood University online MBA is delivered in an accelerated format ideal for working professionals, conveniently featuring multiple start dates each year.
Now enrolling:
| 7 Week Courses | Application Deadline | Document Deadline | Registration Deadline | First Class Day | Final Tuition Deadline† | Last Class Day |
|---|---|---|---|---|---|---|
| Spring II | 2/26/24 | 3/1/24 | 3/6/24 | 3/8/24 | 3/12/24 | 4/26/24 |
| Summer I | 4/19/24 | 4/26/24 | 5/3/24 | 5/6/24 | 5/9/24 | 6/23/24 |
| Summer II | 6/13/24 | 6/19/24 | 6/25/24 | 6/27/24 | 7/2/24 | 8/14/24 |
| Fall I | 8/12/24 | 8/16/24 | 8/23/24 | 8/26/24 | 8/29/24 | 10/13/24 |
| Fall II | 10/7/24 | 10/11/24 | 10/18/24 | 10/21/24 | 10/24/24 | 12/13/24 |
† Final tuition payment must be received by 3:00 p.m. EST on the final tuition due date.
Ready to take the next step toward earning your online MBA from Longwood University?
Admissions
See how simple it is to apply to our online MBA - Economics track
We've streamlined the admission process for the Longwood University online MBA to help you get started quickly and easily. Please read the requirements for the MBA – Economics track, including what additional materials you need and where you should send them.
The requirements include:
Applicants to the MBA – Economics track must meet at least one of the following combinations for admission.
- Bachelor's degree from an accredited college or university with a minimum 3.0 GPA – No GMAT will be required
- Bachelor's degree from an accredited college or university with a 2.75-2.99 GPA + 3 years of professional-level work experience.** No GMAT will be required.
- Bachelor's degree from an accredited college or university with a 2.50-2.74 GPA + 5 years of professional-level work experience.** No GMAT will be required.
- Bachelor's degree from an accredited college or university + 8 years of professional-level work experience.** No GMAT will be required.
- Bachelor's degree from an accredited college or university with a GPA below 2.50 + GMAT with a minimum score of 400
A professional resume should be uploaded with the online application. The GMAT requirement is subject to work experience review and approval by the MBA Program Director.
Official bachelor’s degree transcripts from an accredited college or university and all transcripts for subsequent coursework are required as part of the application process. ***Prior to starting their graduate program, students must hold a conferred bachelor’s degree or international equivalent from a college or university accredited by the appropriate institutional (formerly called regional) accreditation agency.
** Application fee waived for military (active and former). Verification must be submitted with application (ID or other form).
Official transcripts, test scores and other documents should be sent from the granting institution(s) to:
Email address: [email protected] (preferred and quickest)
Mail address:
Longwood Graduate Studies201 High Street
Farmville, VA 23909
Longwood University has been named one of the top universities in the Southeastern U.S. by The Princeton Review, 2020
Courses
Check out the topics you'll study in our online MBA - Economics degree
For the MBA – Economics track, you must complete 10 courses totaling 31 credit hours, including 25 credit hours of core courses and 6 credit hours of electives.
Learning Outcomes:
- Apply the principles of financial reasoning to business situations and assess business problems using time value of money techniques
- Perform quantitative and qualitative analysis of risk and return component
- Demonstrate general understanding of financial markets and instruments
- Apply the basic principles of security analysis and perform capital budgeting analysis
Learning Outcomes:
- Understand and explain the relationships between strategy with firm mission, vision, and objectives
- Analyze the general, competitive/industry, and internal environment through conducting systematic research with various analytical tools
- Assess the multiple facets of business issues to derive data-driven solutions
- Understand strategic decision-making and develop strategic plans at the business, corporate, and entrepreneurial level
- Create action plans with recommendations to implement and control strategic decisions
Learning Outcomes
- Apply appropriate terminology for IT systems to be able to communicate effectively regarding IT issues.
- Understand the role that IT plays in attaining and maintaining a competitive advantage in today’s rapidly changing business environment.
- Apply IT concepts to typical business situations and analyze cases to determine proper and improper application of IT principles.
- Critique positions on IT-related issues and debate the relative importance of technology applications in creating business value.
Learning Outcomes:
- Identify and explain theories, concepts, and research in leadership
- Analyze various leadership-related principles and topics including Leadership traits, Leadership Behaviors, Communication, Teamwork, Ethics, Power and Influence, Leadership Skills, Managing Conflict
- Apply leadership concepts and theories to their everyday life, organizations, and current topics
- Develop their personal leadership philosophy
Learning Outcomes
- Apply theories and models to real-world situations
- Use statistics the correct way to deliver the information you need
- Learn how to use the data the right way
- Use statistics to make informed decisions
- Use models and techniques to create valuable information
Learning Outcomes:
- Use marginal analysis and thinking in optimization problems and distinguish different types of cost and their applicability in optimization problems
- Analyze the impact of changes in demand and supply conditions on the profit maximizing output and pricing decisions and calculate the price elasticity of demand and relate it with the profit maximizing price
- Demonstrate the value of framing managerial decision-making using a demand function
- Present univariate and multivariate patterns in data and perform regression analysis to estimate causal relationships; interpret regression output, including R-square, coefficients, p-values, and confidence intervals
- Conduct basic forecasting using regression output and be able to describe the strengths and weaknesses of ordinary least square (OLS) regression analysis
- Differentiate strategic from non-strategic decisions and analyze a strategic game and solve for equilibrium strategies and apply game theory to oligopolistic market structures
Learning Outcomes
- Explain marketing concepts in the context of marketing problems
- Design and debate proposals for solutions to marketing problems
- Construct a formal marketing plan
Learning Outcomes:
- Articulate how cost management helps organizations meet their strategic goals by managing costs
- Assign costs to production jobs or projects using different costing systems
- Assign activity costs to goods and services
- Build a basic cost-volume-profit (CVP) financial model and use a cost-benefit approach to common business decisions
- Demonstrate ethical reasoning in accounting and describe the importance of ethical behavior for managers and managerial accountants
*Price includes in-state tuition and fees. For students from outside Virginia, tuition and fees total $13,671.
**A resume verifying professional-level work experience must be submitted at the time of application and is subject to verification and approval by the MBA director.
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