Statistics and Economics

The Bachelor of Science in Statistics and Economics at the University of Manitoba offers students a comprehensive education that combines rigorous training in statistical methods with a solid foundation in economic theory. This interdisciplinary program is designed to prepare graduates for a wide range of careers in data analysis, economic research, public policy, finance, and business analytics. Students will acquire essential quantitative skills, including statistical modeling, data management, and computational techniques, alongside a deep understanding of economic principles and market dynamics. The curriculum features a blend of core courses in mathematics, statistics, microeconomics, and macroeconomics, complemented by specialized courses such as econometrics, economic forecasting, and survey methodology. Emphasizing both theoretical knowledge and practical application, the program encourages students to develop strong analytical thinking, problem-solving abilities, and proficiency in modern statistical software. Throughout their studies, students have opportunities for hands-on learning through research projects, internships, and collaborations with industry partners. The program also prepares students for advanced studies or professional certifications in statistics and economics. With dedicated faculty members who are experts in their fields, state-of-the-art facilities, and a vibrant academic community, the Bachelor of Science in Statistics and Economics aims to equip graduates with the skills and knowledge necessary for success in a data-driven world. Graduates leave the program well-positioned to contribute to economic analysis, policy development, financial services, or continue their education at graduate levels.

The Bachelor of Science in Statistics and Economics at the University of Manitoba offers students a comprehensive and rigorous education designed to develop a strong foundation in both statistical methods and economic theory. This interdisciplinary program aims to equip students with the analytical skills necessary to interpret and analyze complex data sets, understand economic principles, and apply quantitative techniques to real-world problems across various industries and sectors. Throughout the program, students will engage in coursework that covers essential topics such as probability theory, statistical inference, regression analysis, economic modeling, microeconomics, macroeconomics, and econometrics. The curriculum is structured to provide a balanced integration of theoretical knowledge and practical application, ensuring graduates are prepared for careers in data analysis, economic research, government policy, finance, and business consulting.

In addition to core coursework, students have the opportunity to specialize or focus on areas such as applied statistics, financial economics, or economic policy, tailoring their education to their career interests. The program emphasizes the development of critical thinking, problem-solving skills, and the ability to communicate complex quantitative information effectively. Students will also gain proficiency in statistical software and programming languages essential for data analysis in professional environments. The program encourages experiential learning through internships, research projects, and collaboration with industry partners, providing students with valuable hands-on experience. Graduates of this program will emerge as highly capable professionals, prepared to contribute to data-driven decision-making processes in various fields, or to pursue further studies in graduate or professional schools. The University of Manitoba’s Statistics and Economics program is committed to fostering a diverse and inclusive academic community that supports student success and prepares graduates for the evolving demands of today's economic and data analysis landscapes.

Program Requirements for BSc in Statistics and Economics at the University of Manitoba:

To be eligible for admission into the Bachelor of Science in Statistics and Economics, applicants must meet the general admission standards of the University of Manitoba, including successful completion of senior secondary school with a competitive academic record. Prospective students are typically required to have completed high school coursework in mathematics, including Advanced Functions and Calculus, and may also benefit from courses in economics or related social sciences.

The program curriculum emphasizes foundational knowledge in microeconomics, macroeconomics, and statistical methods. Students must successfully complete prerequisite courses such as Principles of Microeconomics and Principles of Macroeconomics, along with introductory statistics courses covering probability theory, statistical inference, and data analysis techniques. Additional required courses include intermediate microeconomics and macroeconomics, as well as advanced courses in quantitative methods, econometrics, and probability.

Students are also expected to undertake coursework in applied statistics, computing, and mathematical analysis to develop strong analytical and problem-solving skills. Depending on the specialization, students may choose from electives in areas such as financial economics, health economics, or environmental economics, along with advanced statistical analysis and modeling courses.

A total credit requirement generally includes completing approximately 120 credit hours over the duration of the program, which typically spans four years for full-time students. Students must achieve a minimum cumulative Grade Point Average (GPA) as stipulated by the university, often around 2.0 or higher, with specific course grades required for progression and graduation.

In addition to coursework, students are encouraged to engage in research projects, internships, or co-op placements where applicable, to acquire practical experience in statistical and economic analysis. The program may also require students to complete capstone projects or thesis work in their final year to synthesize their learning and demonstrate their analytical capabilities.

Students must fulfill the university’s general degree requirements, including code of conduct, residency requirements, and any supplementary assessments or examinations mandated for certain courses. For international students, proof of English language proficiency, such as TOEFL or IELTS scores, is necessary to meet admission criteria.

Overall, completion of this program prepares graduates for careers in data analysis, economic research, finance, government policy, and related fields requiring rigorous quantitative and economic analysis skills.

The Bachelor of Arts in Economics and Statistics at the University of Manitoba offers a variety of financing options to support students throughout their academic journey. Tuition fees for domestic students are approximately 4,000 to 5,000 Canadian dollars per year, while international students may pay between 12,000 and 20,000 Canadian dollars annually. These fees are subject to change and may vary depending on course load and residency status. Students are encouraged to explore scholarships, bursaries, and awards available through the university, which can significantly reduce financial burdens. The University of Manitoba provides numerous merit-based scholarships for incoming and current students, including those specifically targeted at students pursuing degrees in Economics and Statistics. To be considered for these awards, students generally need to demonstrate academic excellence and active engagement in campus activities. Bursaries are available for students demonstrating financial need, with priority given to Manitoba residents. Additionally, external funding sources such as government student aid programs, including Canada Student Grants, Canada Student Loans, and provincial financial assistance, can help cover tuition and living expenses. Work-study programs are also available, allowing students to work part-time on or off-campus to support their studies while gaining valuable work experience. The university offers financial planning services to help students budget effectively and navigate the complex landscape of funding their education. Students enrolled in the program are advised to start exploring funding opportunities early, as application deadlines for many scholarships and bursaries often fall several months before the academic year begins. International students are encouraged to seek out specialized scholarships for international students as well as consider various external sponsorship options. Overall, the University of Manitoba is committed to making higher education accessible and affordable by providing a comprehensive suite of financing options tailored to diverse student needs, including grants, scholarships, loans, and employment opportunities.

The Bachelor of Arts (B.A.) in Economics program at the University of Manitoba is designed to provide students with a comprehensive understanding of economic theories, principles, and applications. This program equips students with analytical and critical thinking skills necessary for understanding complex economic issues at local, national, and global levels. Students enrolled in this program have the opportunity to explore various fields within economics, including microeconomics, macroeconomics, economic theory, and applied economics. The curriculum emphasizes both theoretical foundations and practical skills, preparing graduates for careers in government, finance, consulting, research, and academia.

The program offers foundational courses in economic analysis, along with advanced topics such as international economics, public policy, and econometrics. Students can also choose to specialize in certain areas through electives, allowing for a tailored educational experience aligned with their career aspirations. The University of Manitoba emphasizes experiential learning, encouraging students to participate in research projects, internships, and case studies to apply their knowledge in real-world contexts.

Graduates of the B.A. in Economics program may pursue further studies at the graduate level or enter the workforce directly. The program is supported by experienced faculty members who are active researchers and professionals in their fields. Additionally, the university provides resources such as the Commerce and Economics Career Development Centre, which offers career advising, networking opportunities, and job search support to students and alumni.

The program duration is typically four years for full-time students, with flexible options for part-time students. Admission requirements include a strong high school academic record, particularly in mathematics and social sciences, along with proficiency in English. The University of Manitoba is committed to providing an inclusive and stimulating environment that fosters academic excellence and personal growth.

Overall, the Economics program at the University of Manitoba prepares students for dynamic careers by combining rigorous academic coursework with practical experience and professional development opportunities. This comprehensive educational approach ensures graduates are well-equipped to analyze and solve economic problems across various sectors and contribute meaningfully to their communities and professions.