The Booth School of Business, as part of the University of Chicago, is one of the pioneers in explaining the operation and futures of economies. Economic concepts such as "consumption as a function of permanent income" and "general equilibrium models of foreign trade" originated at Booth. The school offers MBA specializations in both micro- and macro-economics, international financial policy and sports analytics. Students also have the option to participate in co-curricular activities that help them network and build skills for their future work.
"The Economist" ranks the Kellogg School of Management at Northwestern University number one among business schools for MBA programs. The Kellogg School offers an MBA in managerial economics that prepares graduates to work in consulting, marketing and finance. Students learn about macroeconomics, strategic analysis and pricing strategies. They also choose electives related to accounting, management and leadership, depending on their future career goals. Graduates complete the program with analytical skills preparing them for both function-based and industry-based careers.
"CNN Money" ranks Columbia Business School in its top-five for MBA programs. In fact, the Finance and Economics Division is the largest at the school; nearly half of the school's courses stem from there. Students wanting to go into economics have two options. They can earn an MBA in finance, which has a heavy base in economics, or they can earn a Master of Science degree in finance and economics from the same division. Though not an MBA, the Master of Science still prepares students with the quantitative skills they need for a career in the industry; however, the Master of Science degree focuses more on the analytical side of the industry than the MBA 's program does.
Stern Business School at New York University provides a flexible MBA largely made up of electives. Graduate students take core courses the first year for foundational skills in business. However, the majority of their second year is comprised of electives toward their chosen area of specialization. Specializing in economics means students take courses such as econometrics, economics of healthcare and international macroeconomic policy. However, students can narrow their focus even more by concentrating, for instance, on global economics and taking the relevant courses offered at Stern.