BA/BBA/BSc

Economics: Financial Economics

Learn more about studying Economics: Financial Economics as an international student.

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Key facts

  • Program
    Bachelor's
  • Duration
    4 years
  • Program
    On campus
  • Pace
    Full-time
  • Annual tuition fee
    35,600USD
  • Start date
    Jan, Jun, Aug

Program overview

What James Madison University says about their program:

Economists are invaluable because of their ability to use reasoning and data analysis to study the full range of human activity and their expertise in understanding the material world.

As a JMU economics major, you’ll gain a solid foundation of economic theory and policy that can lead to a wide variety of career options, including financial analysis and trading, consumer advocacy, economic analysis, communications and public administration. Our curriculum will develop your skills in critical thinking, research, writing and analysis. We emphasize a commitment to lifelong learning, which is critical in an ever-changing global economy.

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Admission requirements

Undergraduate academic requirements

Pathway Programs

  • Successful completion of the equivalent of a US secondary education
  • Minimal 2.25 GPA (Grade Point Average) - equivalent to 77-79% or a 'C+' average
  • Diploma or certification of graduation from High School in your home country
  • Undergraduate applicants who intend to major in theater, dance, music and studio art must also submit a portfolio and/or arrange an audition

Undergraduate

  • Must have at least a Grade Point Average (GPA) of 2.5
  • Undergraduate applicants who intend to major in theater, dance, music or studio art must also submit a portfolio and/or arrange an audition.

English proficiency

Pathway Programs The number of semesters you will study on the International Year program is based on your IELTS score. Your program duration is confirmed after a post-arrival English test.

  • 1 Semester

    IELTS 6.0 / TOEFL 68 / Pearson 50 / Versant 55-63

  • 2 Semesters

    IELTS 5.5 / TOEFL 60 / Pearson 45 / Versant 48-54

  • 3 Semesters

    IELTS 5.0 / TOEFL 50 / Pearson 42 / Versant 43-47 4 Semesters: IELTS 4.5 / TOEFL 45 / Pearson Not Accepted / Versant 41-42

Undergraduate

  • IELTS

    6.5

  • TOEFL iBT

    81

  • Duolingo

    105

  • PTE

    58

  • CAE

    176

  • GTEC CBT

    1210

English proficiency waivers

Undergraduate

  • SAT minimum score of 500 on the Evidenced Based Reading and Writing Portion of SAT exam
  • Submission of a General Certificate of Secondary Education or General Certificate of Education "O" level in English language
  • Possession of an American associate's or bachelor's degree equivalent from an accredited institution located in a country where English is the native language
  • Graduation from an accredited high school in a native English-speaking country where the applicant has resided for at least four years

Documents required

Pathway Programs

  • Application form
  • Academic transcripts
  • Diploma of previous studies
  • Translations
  • Proof of English proficiency
  • Copy of passport

Undergraduate

  • Application form
  • Academic transcripts
  • Diploma of previous studies
  • Translations
  • Proof of English proficiency
  • Copy of passport
  • One letter of recommendation
  • Financial certification form
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Fees and funding

Fee information

  • International Year tuition

    US$25,118 per program

  • Undergraduate tuition

    US$35,600 per year

Funding

Graybeal Scholarship

  • Amount

    Up to US$5000 in scholarships per year, based on availability

  • Requirements

    Created to assist academically eligible international students who have encountered an unexpected financial need in finishing their degree at JMU

Illustration of education and financial elements including a graduation cap, trophy, diploma, books, a piggy bank, stacks of cash notes, and coins, representing fees and funding.

What is the cost of living near James Madison University?

Local figures aren't available yet — values reflect USA-wide averages.

Category Cost  (in United States Dollar)
Rent, 1-bed apartment in city centre$1,652Range: $1,046 to $4,269
Rent, 1-bed apartment outside centre$1,349Range: $891 to $2,857
Utilities (electricity, heating, water, refuse)$214Range: $130 to $400
Internet (60 Mbps unlimited)$73Range: $50 to $110
Mobile phone plan (data + calls)$61Range: $30 to $110
Monthly public transport pass$65Range: $35 to $138
Monthly grocery basket$350Range: $250 to $500
Coffee shop drink$5Range: $3 to $9
Cinema or cultural event ticket$15Range: $11 to $23
Gym membership$45Range: $20 to $135

Indicative monthly costs per person.

Data sourced from numbeo.com (Crowdsourced).

Visa requirements for James Madison University

Many international students will require a visa to study in the US, and this is a vital step of your study abroad journey. Make sure you understand the requirements you may need to meet before applying.