As an undergraduate student at Tokyo University of Science, you can major in business economics in the Department of Business Economics under the School of Management. The Department of Business Economics was established in April 2016; because it is relatively new, the department can hold small group instruction.
Importance of Business Economics
There has been an increase in demand for economists in recent years with development in fields such as econometrics and game theory. The Department of Business Economics here at Tokyo University of Science will equip you to enter these fields.
Should I study Business Economics at TUS?
Some questions that you might want to consider are, do you have a deep understanding of statistics and data science? Are you capable of exploiting data analysis and prediction and discovery techniques? Can you apply them to problem resolution in the fields of economics and management?
Are you capable of scientifically elucidating market structures and analyzing human decision-making from both theoretical and empirical perspectives underpinned by an in-depth understanding of economics?
Do you have extensive knowledge of finance who are also capable of conducting a broad-ranging analysis of financial markets and human financial behavior? Are you able to apply that knowledge and those techniques to financial practices?
Of course, your answer to these questions are not the be all end all, but it is definitely some food for thought if you’re interested in majoring in this field.
Common subjects to all areas range from courses such as: Microeconomics, Macroeconomics, Game Theory, Business Law, Linear Algebra, and Calculus. Introductory courses are also offered, these include: Management, Marketing, Accounting, Finance, and many more. Some unique classes offered in the common subjects area of this department are Probability and Statistics, Data Processing, and Seminars.
Classes offered in this department for Data Analysis are Computational Economics 1/2, Applied Econometric Analysis 1/2, Microeconometrics, Pattern Recognition, Macroeconometrics, Marketing Science, Big Data Analysis, and Economic Forecasting.
If you wish to focus on Economic Theory you may want to look into these courses: Mechanism Design, Economics of Integration, Economic Policy, Industrial Organization, Public Economics, Experimental Economics, Optimization Theory, Operations Research, Organizational Economics.
Another focus in this department is Finance. Classes in this subcategory include Financial Engineering, Bookkeeping, Financial Systems, Applied Corporate Finance, Securities and Investment, Financial Accounting, Quantitative Finance, Positive Accounting and Finance, and Corporate Finance.
Some classes not listed above may be available. You can access information on the Department of Business Economics curriculum here.
Amongst the faculty in the Department of Business Economics, there are five professors, four associate professors, two junior associate professors, and three assistant professors. Some areas of research done by the professors include social systems, engineering, economic theory, and public finance. The associate professors in this department have conducted research on topics such as intelligent informatics, economic statistics, and safety system.
Though the size of the faculty is not large, the faculty members in this department are highly capable; there is no doubt that they will adequately equip you to pursue a career in Business Economics.