Bachelor of Arts (Economics and International Trade)

University at Buffalo

Programme Overview

Academic Level
Academic Level

Bachelor's Degree, double major

Awarded by
Awarded by

University at Buffalo, The State University of New York, US

Programme type
Programme type

Full-time, 4 years

Campus location
Campus location

SIM Campus

Application Dates
Application Dates

Now till 15 Mar 2024 (May (Summer) 2024 intake) | Now till 21 Jun 2024 (August (Fall) 2024 intake)

Estimated Fees (incl. GST)
Estimated Fees

(incl. GST)*

S$60,887.40 - S$84,496.80 (Singaporean & PR) / S$64,092.00 - S$88,944.00 (International student)

* Exclude application fee, preparatory or bridging course fee, and other fees. Refer to the Fees & Financial Aid section for details.

Programme Outline

Awarded and developed by: University at Buffalo, The State University of New York, US

The departmental excellence with the Economics department in UB include economics of growth and development; industrial organization; international trade; crime and justice; uncertainty and information; urban economics; and applied econometrics.

UB’s Economics program integrates economic theory with applied topics, including finance, international trade, econometrics, education, growth and development, monetary economics, labor economics, urban and regional economics, industrial organization, and regulation.

Students will discuss matters relating to consumers and producers, market equilibrium, investment and savings, employment, money and banking, and government taxation and spending.

Learn the insights and skills in the art and process of global restructuring and new patterns of uneven development.

The international trade program aims to prepare students to critically assess the process of globalization operating in the world today. Critical social, economic, and environmental challenges are being faced by corporate or government policy makers and organizations.

  • The SIM-UB scholarship allows deserving students at SIM to spend one semester at the UB’s New York campus.
SIM-UB Newsletter Fall 2022
SIM-UB Newsletter Fall 2023

learning-outcome

Learning Outcomes

Upon successful completion of this programme, you will:

  1. Study the scarcity and its implications for the use of resources, production and welfare, and other vital concerns to society.
  2. Acquire the knowledge to determine the most effective use of resources to meet private and social goals.
  3. Learn to apply the knowledge to achieve the most satisfactory allocation of resources.
  1. Understand the growth of multinationals and foreign direct investments, international trade, the internationalization of capital and financial markets
  2. Learn to handle the new international divisions of labor, and the rapid development of technology and innovation.
  3. Expose yourself to a wide -range of perspectives on the global economy
  4. Develop important skills in policy and data analysis at various geographic scales

Further Studies & Career Prospects

Graduates have gone on to graduate schools for further studies.

The demand for economists has increased over the past decades. The well-trained economics graduate offers employers analytic insights and the knowledge in applications of economics analysis in their scope of work.

With these double major qualifications, you have job opportunities in

  • Brokerage firms
  • Investment and retail banks
  • Insurance and financial services sectors
  • International relations
  • Local investment and trade promotion agencies
  • Trade and location consulting firms
  • Governmental agencies
  • Brokerage firms
  • International banks
  • Transport carriers, and international trade management companies
  • International service providers (e.g. freight forwarders, customs)
  • Other professions

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Why study at SIM x University at Buffalo

uni-at-buffalo-leading-private-edu
SIM is the leading private education institution in Singapore.
uni-at-buffalo-excellent-value
Excellent value with lower tuition costs in SIM, with opportunities for overseas exchange and transfer.
uni-at-buffalo-high-quality
Enjoy a high-quality and interactive American education.
uni-at-buffalo-regular-ub-students
Students admitted are regular UB students (no distinction between Singapore and Buffalo)
Learn more about the University at Buffalo

Intake Dates

2024 Summer (May) Intake

PROGRAMME DURATION

27 May 2024 to 26 May 2028

APPLICATION PERIOD

Now till 31 March 2024

Full-time course is over 12 semesters (3 per year) and can be completed in 4 years for double major programs. Each semester is 12-15 weeks. 

Download academic calendar (PDF 204 KB)

2024 Fall (August) Intake

PROGRAMME DURATION

26 August 2024 to 25 August 2028

APPLICATION PERIOD

Now till 21 June 2024

Full-time course is over 12 semesters (3 per year) and can be completed in 4 years for double major programs. Each semester is 12-15 weeks. 

Download academic calendar (PDF 204 KB)

Maximum allowed period to complete:

Double major / double degree program – 8 years

If a student fails to complete the course within the candidature period, they will not be entitled to any recourse or refund.

Curriculum

Structure

  • Blended Learning. Activities, consultations, discussions, exercises, lectures, online learning and presentations.
  • Each lesson consists of 1.5 hours of lecture and 1.5 hours of consultation.
  • To ensure parity in standards, rigors of the program, integrity of the UB degree, more than 50% of modules are taught by US /overseas visiting faculty, covering the full semester throughout the entire program. The rest of the modules are taught by qualified local faculty with the experience and academic expertise approved by UB.
  • Average teacher-student ratio = 1:42.
  • Minimum class size to commence: 25 students. Students will be informed at least one month prior to course commencement if class cannot commence due to low take up rate.

View a list of lecturers’ teaching modules (PDF 452 KB)

Assessment & Attendance

  • The normal module load for students is 12 to 15 credit hours a semester.
  • Students may register for modules and make changes to their class schedule. Students who choose to drop or resign from any modules, are on official leave of absence or have to repeat any failed modules, may take more than three years to complete their studies.
  • Continuous assessment comprises tests, quizzes, assignments, projects, presentations, participations and activities scheduled throughout the semester.
  • The final exam is held in the 2 - 3 weeks after the semester ends.
  • Students progress through each semester till they satisfactorily complete the conferral requirements.
  • Attendance requirement:
    • Local students – Minimum attendance requirement as stipulated by UB or 75%, whichever is higher.
    • International students – Minimum attendance requirement is 90% as mandated by the Immigration and Checkpoints Authority of Singapore (ICA).

Requirements to Graduate

  • Completion of min. of 120 credits with a min. overall and UB GPA of 2.0 to be awarded the degree.
  • With the credit exemptions, students may be able to complete the course of study in less than 3 years.
  • Students who successfully complete all the requirements of the program will be awarded Bachelor of Arts (Economics and International Trade) degree by the University at Buffalo, The State University of New York, US.
  • Students earning baccalaureate degrees are eligible to receive Latin Honors based on their UB cumulative GPA on the following scale:
    Average (based on 4.0 = A)
    • 3.20 cum laude (Distinction) 
    • 3.50 magna cum laude (High Distinction)  
    • 3.75 summa cum laude (Highest Distinction)  
    To qualify for Latin Honors, students must present a minimum of 60 credits of UB undergraduate coursework, at least 54 of which must be graded credits (i.e. not satisfactory or unsatisfactory – grades of ‘S’ or ‘U’)

Modules

 

Total credits required for degree: 120

Credits Required for Major 77
Credits Required for UB Curriculum 37
Credits Required for Free Electives (Any Level) 6
Credits Required for Free Electives (Upper Division, at least 300-Level) 0

  • ECO 181 Introduction to Macroeconomics (4 credits)
  • ECO 182 Introduction to Microeconomics (4 credits)
  • MTH 121 Survey of Calculus and Its Applications I (4 credits)

  • ECO 380 Economic Statistics and Data Analysis (3 credits) or
  • GEO 211 Univariate Statistics in Geography (4 credits)
  • ECO 405 Microeconomic Theory 1 (3 credits)
  • ECO 407 Macroeconomic Theory (3 credits)
  • ECO 480 Econometrics I (3 credits)
  • 5 Upper-level ECO Elective courses (15 credits)
  • Economics Elective at any level (8 credits)

  • Any 2 Geography or Management modules

  • ECO 181 Introduction to Macroeconomics (4 credits)
  • ECO 182 Introduction to Microeconomics (4 credits)
  • GEO 100 World Regions & Issues (3 credits)
  • GEO 103 Global Economic Geographies (3 credits)
  • GEO 120 Maps: Earth from Above (3 credits)
  • GEO 211 Univariate Statistics in Geography (4 credits)
  • GEO 330 Dynamics of International Business (3 credits)
  • GEO 333 International Trade (3 credits)
  • GEO 334 International Business Cultures (3 credits)
  • GEO 425 Industrial/Business Geography (3 credits)
  • GEO 460 Geography of Development (3 credits)
  • CSE 111 Introduction to Quantitative Analysis and Reasoning with Computing (4 credits) or
  • MGQ 201 Introduction to Statistics for Analytics (4 credits)2
  • 3 300/400-level Geography Electives (9 credits)

  • UB Seminar (3 credits)
  • Foundations (21 credits)
    • Communication Literacy I (4 credits)
    • Communication Literacy II (3 credits)
    • Mathematical and Quantitative Reasoning (4 credits)
    • Scientific Literacy and Inquiry (7 credits)1
    • Diversity in the United States (3 credits)
  • Pathways (18 – 19 credits)
    • Thematic Pathways (9 credits)
    • Global Pathways (9 – 10 credits)
  • UBC 399 UB Curriculum Capstone (1 credit)
UB-Curriculum-chart-Rev-2023-2-27-(1).jpg
 

View module descriptions for UB Curriculum (PDF 615 KB)

  • 6 credits

  • Communication Minor
    The Communication minor is designed to increase the practical experience and theoretical knowledge of students interested in developing a broad communicative skill set to augment their primary academic career.
    The minor will provide students with the latest social science developments with an eye toward how that knowledge can be effectively applied in real-world contexts such as health, business, law, and so forth. Thus the minor can facilitate their communication knowledge and skills to become more effective in their workplace or graduate career.
     
  • Economics Minor
    The Economics minor allows students to understand core ideas in economics and their applications.
    There is a balanced emphasis on instruction in theory, economic data, and applied economics. Instructional methods include lectures, presentations, debates, discussions, research term papers, and exams, with each chosen as appropriate to achieving course objectives.
    These objectives include critical thinking, analysis of significant economic issues, evaluations of current economic policies, and data-driven measurements of the gains and losses that must be balanced when determining economically desirable policies.  
     
  • Geography Minor
    Geography is concerned with the location and arrangement in space of human and natural phenomena, and with the interrelationships between people and their environments.
    Geographic Information Systems focuses on the theoretical foundations geographical information science, the development and use of state-of-the-art software and emerging technology, and the collection, processing, and interpretation of geospatial information. International Trade focuses on economic and business geography, and it prepares students to critically assess the process of globalization operating in the world today, including the growth of multinationals and foreign direct investment, international trade, the internationalization of capital and financial markets, new international divisions of labor, and the rapid development of technology and innovations.
    Urban and Regional Analysis focuses on a wide variety of economic and social problems related to transportation, land use, urban environment, housing, work and welfare, population changes and migration, and health within a geographical context.
     
  • Management Minor
    The management minor provides a foundation 
    in the basic language and principles of business and complements advanced study in engineering, social science, health-related professions and other undergraduate majors. 
    Managers are needed in every organization and in every profession. By gaining an understanding of the basic functional areas of management, you’ll have a competitive advantage in the marketplace and throughout your career.
     
  • Marketing Minor
    The marketing minor provides a focused view of marketing for the student with little or no background in business.
    Modules address issues such as identifying and selecting the right consumers, understanding the interaction between these consumers and businesses, and being able to translate consumer needs and wants into products and services. The marketing minor may be particularly attractive to students majoring in communication.
     
  • Psychology Minor
    The Psychology Minor is designed to address different standards for Knowledge Base in Psychology, Scientific Inquiry and Critical Thinking, and Ethical and Social Responsibility in a Diverse World.  Students should demonstrate fundamental knowledge and comprehension of the major concepts, theoretical perspectives, historical trends, and empirical findings to discuss how psychological principles apply to behavioral problems.
    The scienfic inquiry and Critical Thinking skills in this domain involve the development of scientific reasoning and problem solving, including effective research methods. The skills for Ethical and Social Responsibility in a Diverse World in this domain involve the development of ethically and socially responsible behaviors for professional and personal settings in a landscape that involves increasing diversity.  
     
  • Sociology Minor
    The Sociology provides students a platform to identify the major research methods used by sociologists, compare and contrast the utility and relevance of a range of methods to the study of different social issues, and apply some basic research methods to the analysis of social issues.
    Students obtain knowledge of basic social science statistical methods and be able to conduct basic statistical analysis. They learn to describe the significance of social theory to society, compare and contrast basic theoretical orientations, and apply some basic theories to social issues.
    The sociology minor allows students to have comprehension of the theory, methods, and content of one or more of the areas of Family and the Life Course, Law and Social Policy, Social Inequalities, Urban and Community, or Work and Organizations. Students who choose among the major electives 
    in our core areas will obtain more knowledge of 
    the major historical and contemporary approaches, theories, and methods associated with the subarea within the discipline. 

View Required Modules for each Minor

 


View module descriptions (PDF 440 KB)

Notes:

The modules offered are subject to change.

1 These are online modules. Local resource persons may conduct weekly sessions for selected module. 

2 These are digital access modules. “Digital Access” is the phrase used by UB School of Management to designate what is known generically as electronic platform (EP) module. EP module delivery refers to a technological platform through which existing lecture-based modules are distributed to a wider constituency of students. The actual delivery of the class is captured on digital video as it happens, and the resulting Window Media Player file is immediately posted to UB:Learns. Students use the internet to access lectures and print module materials at times convenient to their individual schedules.

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Admission Criteria

Applicants will be assessed based on all the qualifications they have submitted. Meeting the minimum requirement does not mean automatic admission.
 

Accepted Entry Qualifications

The following qualifications are accepted:

  • Singapore-Cambridge General Certificate of Education Advanced Level (A-Level)
  • Polytechnic Diploma
  • SIM Diploma
  • International Baccalaureate (IB) Diploma: Most recent 3 years of high school grade of ‘B’ equivalent to IB score 4.5. IB Diploma holders can expect up to 30 credit exemptions with a minimum of 30 total scores.
  • SIM Management Foundation Studies (MFS) or its equivalent
  • Qualifications equivalent to a U.S. high school diploma. Average grade of ‘B’ or better.

Students with Singapore-Cambridge General Certificate of Education Advanced Level (A-Level), Polytechnic Diploma and SIM Diploma may be considered for admission with advanced standing credits.

Note: Advanced standing and transfer credits granted are subjected to final approval by UB. UB reserves the right to change credit articulations at any time.

English Language Requirements

Singapore Citizens and Permanent Residents with at least 10 years primary and secondary education in Singapore in an English-medium government school, and completed their GCE ‘O’ level with a grade ‘C’ (6 or better) in the English Language, are exempted from the English Language proficiency requirement.

All other applicants must demonstrate proficiency in English in one of the following ways. Only scores from tests taken within 2 years prior to the time of enrolment are acceptable.

English Language qualification

Minimum score

Paper-based TOEFL

550

Internet-based TOEFL (IBT)

79

IELTS

6.5

PTE Academic

55

SAT 1 ERWS

550

ACT (English and reading sections)

20

International Baccalaureate (IB) – Diploma Higher Level English A1 or A2 or A

4

Duolingo (DET)

120
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Fees & Financial Aid

Programme fees are charged based on the number of credits taken during the semester.

First semester programme fees are payable prior to commencement of semester. Subsequent semester programme fees are billed after the commencement of semester. Each semester typically has 4-5 modules (12 to 15 credits).

Payment to SIM can be made through SIMConnect using Credit Card (Visa or Master), PayNow, eNETS, OCBC Interest-free Instalment Plan (min. S$500) and cheques.

Programme Fees (2024 Summer intake onwards)

Students with Singapore-Cambridge General Certificate Education Advanced Level (A-Level) or Polytechnic Diploma may be considered for admissions with advanced standing credits or transfer credits. UB may approve some advanced standing credits or transfer credits to be applied toward specific UB major or general education course requirements.

Local students: S$621.30 / International students: S$654.00 per credit (inclusive of prevailing GST)

GST Notes
•    Fees published are inclusive of current GST of 9%. 

Description

^Credits Required

Singaporean & PR

International Students

Duration

Students without advanced standing credits or transfer credits

120 - 136 credits 

S$74,556.00 - S$84,496.80

S$78,480.00 - S$88,944.00

3 - 4 years

A-Level students with advanced standing credits

104* – 136 credits

S$64,615.20 - S$84,496.80

S$68,016.00 - S$88,944.00

2.5 to 4 years

Polytechnic Diploma holders with transfer credits

98* – 136 credits

S$60,887.40 - S$84,496.80

S$64,092.00 - S$88,944.00

2.5 to 4 years

SIM Diploma holders with transfer credits

104* – 136 credits

S$64,615.20 - S$84,496.80

S$68,016.00 - S$88,944.00

2.5 to 4 years

International Baccalaureate (IB) Diploma holders with advanced standing credits

104* – 136 credits

S$64,615.20 - S$84,496.80

S$68,016.00 - S$88,944.00

2.5 to 4 years

Notes: Students with Singapore-Cambridge General Certificate Education Advanced Level (A-Level) or Polytechnic Diploma may be considered for admissions with advanced standing credits or transfer credits. UB may approve some advanced standing credits or transfer credits to be applied toward specific UB major or general education course requirements.
* with advanced standing credits / transfer credits
^ Credit requirements for each program may differ according to Double Degree / Double Major. Refer here for this program's credit requirements

Fees published are inclusive of current GST of 9%. 

Student Development Fee

Applicable to all students embarking on a full-time Diploma or Undergraduate programme at SIM. This fee goes towards activities that will help in students’ personal growth and equip them with functional skills that enhance their employability.

Payable with the programme fees’ first instalment.

S$512.30

International Student Induction Fee

A one-time fee payable by new full-time international students. This fee covers pre-arrival and arrival support, including activities to enhance the international student learning experience.

As applicable, payable with the programme fees’ first instalment.

S$436

Application Fee

Payable for each application form that is submitted. Fee is non-refundable and non-transferable. The fee will be refunded fully only if the intake does not commence. Unpaid applications will not be processed.

Local applicants: S$98.10

International applicants: S$490.50 (not inclusive of Student’s Pass application)