BA/BBA/BSc

Economics: Financial Economics

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

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James Madison University university logo

Key facts

  • Program
    Bachelor's
  • Duration
    4 years
  • Program
    On campus
  • Pace
    Full-time
  • Annual tuition fee
    35,600USD
  • Start date
    Jan, Jun, Aug
  • University ranking
    Not ranked

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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Scholarships at James Madison University

  • Charles S. and Bertha Mast Graybeal Scholarship

    Official page

    A JMU-funded award of up to $6,000 per year for currently-enrolled international undergraduate students, applied toward tuition. It is administered by JMU's International Student and Scholar Services (ISSS) office specifically as a resource for international students, and is restricted to F-1 visa-holding, degree-seeking undergraduates who are Juniors or Seniors (minimum 60 credits) with a demonstrated commitment to global diversity and community, unexpected financial hardship, and a minimum GPA requirement. It is open to applicants "from all over the world," confirming eligibility for non-domestic (international) undergraduate students, not just US citizens or residents. Applications are submitted through the Madison Scholarships Hub by April 1.

All scholarship information on Studee is provided for guidance only. Always check the university's official scholarship page for the latest information on eligibility, award amounts, deadlines, and application requirements.

Fees

  • International Year tuition

    US$25,118 per program

  • Undergraduate tuition

    US$35,600 per year

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What is the cost of living near James Madison University?

Category Cost  (in United States Dollar)
Rent, 1-bed apartment in city centre$1,388
Rent, 1-bed apartment outside centre$1,122
Utilities (electricity, heating, water, refuse)$116
Internet (60 Mbps unlimited)$64
Mobile phone plan (data + calls)$61Range: $30 to $110· USA average
Monthly public transport pass$56
Monthly grocery basket$201
Coffee shop drink$6
Cinema or cultural event ticket$14
Gym membership$48

Indicative monthly costs per person.

Data sourced from livingcost.org (Crowdsourced) and 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.