Bachelor of Science [B.S] (Business Economics)
Field of Study:
$51,382 /Yr
Pace University's Bachelor of Science in Business Economics is a four-year undergraduate degree combining economics and business analysis. The program trains graduates to analyze markets, design policy, and solve real-world economic challenges. Located in New York City near Wall Street, the program offers Fall and Spring intakes. International students need IELTS 6.5 or TOEFL 79 (iBT) and a 3.0 GPA minimum. Annual costs total approximately USD 79,525 (INR 75.72 Lakhs). The program emphasizes quantitative skills, industry partnerships, and career preparation.
Pace’s Lubin School of Business is AACSB-accredited, ranking in the top 2% of business schools globally. Business Economics graduates are prepared for roles in financial analysis, policy research, market strategy, and economic consulting. Ideal applicants combine strong math skills with an interest in policy, markets, or finance. They value a pragmatic, career-focused curriculum with real-world project work and NYC industry access.
- Taught at an AACSB-accredited business school in the top 2% worldwide.
- Located near Wall Street with direct access to finance and trading firms.
- Four-year undergraduate program with flexible Fall and Spring intakes.
For more information, check out Pace University
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: 15 February 2027.
Indian applicants should start the WES evaluation of their 12th-pass credentials immediately. Processing takes 4 to 6 weeks before submission to Pace.
Pace University Bachelor of Science Business Economics Fees and Living Costs 2027
Pace’s undergraduate Business Economics program costs USD 79,525 annually, including tuition, fees, housing, and meals. Tuition alone is USD 52,924; room and board add USD 24,650. Books, supplies, and personal expenses total USD 2,327 per year.
| Cost Component | Annual (USD) | Annual (INR) | 4-Year Total (USD) | 4-Year Total (INR) |
|---|---|---|---|---|
| Tuition | USD 52,924 | INR 50.39 Lakhs | USD 211,696 | INR 2.02 Crore |
| Room and Board | USD 24,650 | INR 23.48 Lakhs | USD 98,600 | INR 93.92 Lakhs |
| Books and Supplies | USD 1,000 | INR 95,180 | USD 4,000 | INR 3.81 Lakhs |
| Health Insurance | USD 2,361 | INR 2.25 Lakhs | USD 9,444 | INR 9.00 Lakhs |
| Personal Expenses | USD 1,327 | INR 1.26 Lakhs | USD 5,308 | INR 5.05 Lakhs |
| Total Annual Cost | USD 82,262 | INR 78.34 Lakhs | USD 329,048 | INR 3.14 Crore |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.18 as of June 2026. Rates fluctuate daily, verify before applying.
- Tuition increased to USD 52,924 for 2025-2026; confirm 2026-2027 rates with Pace directly.
- Health insurance is mandatory for all international students; opt-out not permitted.
- Scholarships up to USD 33,000 annually reduce the net annual cost for eligible students.
- Off-campus housing in NYC ranges from USD 1,200 to USD 1,800 monthly; dorm costs are higher.
For more information, check out Pace University courses and fees
Cost of Living in New York City for Bachelor of Science Business Economics Students
| Expense Category | Monthly (USD) | Monthly (INR) | Annual (USD) | Annual (INR) |
|---|---|---|---|---|
| Rent (Off-Campus) | USD 1,200–1,800 | INR 1.14 Lakhs–1.71 Lakhs | USD 14,400–21,600 | INR 13.71 Lakhs–20.57 Lakhs |
| Groceries and Meals | USD 300–400 | INR 28,554–38,072 | USD 3,600–4,800 | INR 3.43 Lakhs–4.57 Lakhs |
| Transportation (MTA Pass) | USD 127 | INR 1.21 Lakhs | USD 1,524 | INR 1.45 Lakhs |
| Mobile and Internet | USD 60–100 | INR 57,108–95,180 | USD 720–1,200 | INR 68.53 Lakhs–1.14 Lakhs |
| Entertainment and Socializing | USD 150–250 | INR 1.43 Lakhs–2.38 Lakhs | USD 1,800–3,000 | INR 1.71 Lakhs–2.86 Lakhs |
| Monthly Total (without housing) | USD 637–750 | INR 60.70 Lakhs–71.40 Lakhs | USD 7,644–9,000 | INR 7.28 Lakhs–8.57 Lakhs |
Cost Reality: NYC is among the most expensive US cities for students. On-campus housing at Pace costs more than the off-campus market; budget an additional USD 1,500 per month if living on campus.
Pace University Bachelor of Science Business Economics Admission
Pace admits both domestic and international students for Fall and Spring intakes. The program requires a minimum 3.0 GPA, TOEFL 79 (iBT), IELTS 6.5, or Duolingo 110. Test scores are optional for students with strong high school records. Application is rolling; early submission improves merit scholarship offers.
| Intake | Start Date | Ideal Application Submission | Status |
|---|---|---|---|
| Fall 2027 | September 2027 | By December 2026 | Open |
| Spring 2028 | January 2028 | By October 2027 | Expected |
Academic Eligibility: Pace requires a 3.0 cumulative GPA in your highest secondary qualification. Grades in mathematics and English carry more weight. Students with lower GPAs may be admitted if other strengths (leadership, extracurriculars, work experience) demonstrate potential.
For more information, check out Pace University's admissions
English Language Proficiency for Business Economics Students
All international students must demonstrate English proficiency. Pace accepts multiple standardized tests with flexible minimum thresholds. Scores are valid for two years from test date.
| English Test | Minimum Overall Score | Minimum Components |
|---|---|---|
| TOEFL iBT | 79 | Reading 20, Writing 20, Speaking 20 |
| IELTS | 6.5 | All bands 6.0 minimum |
| Duolingo English Test | 110 | No component minima |
| PTE Academic | 58 | No component minima |
- Indian students average 12 to 16 weeks of IELTS or TOEFL preparation to reach Pace thresholds.
- Pace offers ELS Language Centers on campus for students scoring 50 to 79 on TOEFL; no tuition discount.
- Test scores optional if you completed your final two years of schooling in an English-medium institution.
- Duolingo is fastest to organize, with results delivered in 48 hours; both IELTS and TOEFL require 2 to 3 weeks.
University Ranking Context: Pace University ranks #121 globally in business disciplines according to QS World University Rankings 2026, and #40 among US business schools. This positions the institution in the competitive mid-tier for US undergraduate business programs.
Pace University Bachelor of Science Business Economics Application
Pace uses the Common App and accepts direct applications through its website. There is no application fee waiver for international students; the fee is USD 50. The rolling admissions process means earlier applications receive earlier decisions and better merit scholarship packages.
| Intake | Application Deadline | Decision Timeline | Status |
|---|---|---|---|
| Fall 2027 | 15 February 2027 | 4 to 6 weeks | Open |
| Spring 2028 | 01 December 2027 | 4 to 6 weeks | Expected |
- Submit English language test results within two weeks of receiving your scores from the testing body.
- WES (World Education Services) credential evaluation takes four to six weeks; initiate this in July for Fall intake.
- Pace issues I-20 documents (required for F-1 visa) within five business days of admission and enrollment deposit.
- Rolling admissions means seats fill progressively; applicants in December face higher rejection rates than those in October.
Application Tip: Submit your Pace application by late December to secure admission and merit scholarship before the rolling cohort fills. International students who apply in January have lower scholarship offers.
For more information, check out Pace University's rankings
Pace University Bachelor of Science Business Economics Scholarships
Pace awards merit scholarships up to USD 33,000 annually to undergraduate students, regardless of citizenship. Scholarships are based on GPA, standardized test scores, and demonstrated academic achievement. Most scholarship recipients study business, accounting, or technology programs.
| Scholarship Category | Annual Award (USD) | Annual Award (INR) | Eligibility |
|---|---|---|---|
| Presidential Merit Scholarship | USD 25,000–33,000 | INR 23.80 Lakhs–31.41 Lakhs | 3.8+ GPA, SAT 1350+ |
| Dean’s Merit Scholarship | USD 15,000–25,000 | INR 14.28 Lakhs–23.80 Lakhs | 3.5 to 3.79 GPA, SAT 1200–1350 |
| University Merit Scholarship | USD 8,000–15,000 | INR 7.61 Lakhs–14.28 Lakhs | 3.0 to 3.49 GPA, SAT 1000–1200 |
| International Student Award | USD 5,000–12,000 | INR 4.76 Lakhs–11.42 Lakhs | Demonstrated financial need |
A student with 3.5 GPA and TOEFL 95 qualifies for Dean’s Merit Scholarship, reducing annual cost to USD 57,525 (INR 54.77 Lakhs). Over four years, this saves USD 40,000 (INR 38.07 Lakhs) in tuition. Most Indian applicants with strong academics receive USD 8,000 to USD 18,000 annually.
- Merit scholarships do not cover living expenses, only tuition and mandatory fees.
- Scholarship awards are determined by your high school GPA and standardized test scores; no separate application required.
- Pace does not offer need-based aid to international students; all international support is merit-based.
Scholarship Reality: Pace’s merit awards are substantial but rare at the maximum level. Most Indian students receive USD 8,000 to USD 12,000 annually, covering 15 to 23 percent of annual costs.
Pace University Bachelor of Science Business Economics Salary
Pace Business Economics graduates earn a median first-year salary of USD 58,000 (INR 55.20 Lakhs) gross. Salary ranges from USD 52,000 to USD 68,000 (INR 49.47 Lakhs to INR 64.72 Lakhs) depending on employer, role, and location. Most graduates work in New York, Boston, or other major financial centers.
| Career Role | First-Year Salary (USD) | First-Year Salary (INR) | Employers |
|---|---|---|---|
| Financial Analyst | USD 60,000–70,000 | INR 57.11 Lakhs–66.63 Lakhs | JPMorgan, Goldman Sachs, Morgan Stanley |
| Data Analyst | USD 55,000–65,000 | INR 52.35 Lakhs–61.87 Lakhs | Tech companies, consulting firms |
| Policy Analyst | USD 48,000–58,000 | INR 45.71 Lakhs–55.20 Lakhs | Government agencies, think tanks |
| Business Operations | USD 52,000–62,000 | INR 49.47 Lakhs–59.01 Lakhs | Fortune 500 companies, startups |
- Gross salary means before federal income tax (15 to 24 percent), state tax (4 to 10 percent), and FICA deductions (7.65 percent).
- Net take-home for USD 58,000 salary is approximately USD 40,500 (INR 38.56 Lakhs) after all deductions.
- Salary growth averages 5 to 8 percent annually; mid-career salaries (5 years) reach USD 75,000 to USD 95,000 (INR 71.39 Lakhs to INR 90.42 Lakhs).
ROI Reality: A Business Economics graduate receiving USD 10,000 annual merit scholarship pays INR 2.91 Crore net for four years. First-year salary of USD 58,000 nets INR 38.56 Lakhs after tax. Return-on-investment breaks even after year four of employment.
United States Visa Pathway for Bachelor of Science Business Economics
International students studying in the US are sponsored on an F-1 visa. This permit allows full-time study and part-time work up to 20 hours weekly during the semester. After graduation, the Optional Practical Training (OPT) permit provides 12 months of full-time work authorization; STEM extensions add 24 additional months.
- F-1 visa issued by USCIS upon Pace’s I-20 form; processing takes two to four weeks from document receipt.
- OPT work permit is automatic for Business Economics graduates; no separate sponsorship required.
- H-1B visa (skilled worker status) requires employer sponsorship; salary threshold is USD 60,000 annually.
- Spouse and dependent visas are permitted; family members can obtain F-2 derivatives and work authorization.
Visa Reality: F-1 status allows 12 months of post-study work without employer sponsorship. Business Economics is not STEM-designated, so you cannot extend OPT beyond 12 months.
Pace University Business Economics Ranking 2026
Pace University ranks #121 globally and #40 in the United States for business disciplines according to QS World University Rankings 2026. The Times Higher Education (THE) Business and Economics ranking places Pace at #601 globally, reflecting the broader evaluation methodology used by THE.
| Ranking Agency | Global Rank | USA Rank | Year |
|---|---|---|---|
| QS World University Rankings (Business) | #121 | #40 | 2026 |
| THE World Rankings (Business and Economics) | #601 | Not published | 2026 |
| Collegedunia Study Abroad Rankings | Mid-tier US | Recommended | 2026 |
- QS rankings favor research output and citations; Pace’s #121 reflects strong faculty research in business.
- THE rankings emphasize teaching metrics; the lower ranking reflects THE’s different evaluation criteria.
- Pace’s ranking places it above regional state universities but below Ivy League and top-30 private schools.
Ranking Insight: Pace’s QS ranking #40 in the USA means it is in the upper-middle tier for US business schools. This is competitive for most employers in New York and the Northeast.
FAQs
Ques. Is the Bachelor of Science Business Economics at Pace different from economics or business administration?
Ans. Yes. Business Economics combines economics theory with business applications. You study macroeconomics, microeconomics, econometrics, and financial analysis. Unlike pure economics, you include business case studies, corporate finance, and strategy. Unlike business administration, you emphasize quantitative methods and policy. The degree prepares you for roles as financial analyst, data analyst, or economist rather than general management.
Ques. Will my F-1 visa allow me to work after graduation?
Ans. Yes. After completing your degree, you are eligible for Optional Practical Training (OPT), a 12-month work permit. This allows full-time employment with any US employer without sponsorship. No employer petition is needed. If you find an employer willing to sponsor H-1B visa (skilled worker status), you can transition after OPT expires. The H-1B requires the employer to pay USD 60,000 minimum salary, which is typical for Business Economics graduates.
Ques. What is the acceptance rate at Pace University for international students?
Ans. Pace’s overall acceptance rate is approximately 75 to 80 percent for all applicants. International applicants face slightly higher standards; acceptance rate for non-US applicants is estimated at 65 to 70 percent. This means the university accepts most applications but prioritizes students with 3.0+ GPA and English proficiency (TOEFL 79+). Business and economics programs are more competitive than liberal arts programs.
Ques. How much can I earn during my four-year degree at Pace?
Ans. On-campus jobs pay USD 15 to 17 per hour. You can work maximum 20 hours weekly during the semester (15 weeks) and 40 hours weekly during breaks (6 weeks per semester). This totals approximately 900 work hours per year, earning USD 13,500 to USD 15,300 gross annually. Over four years, this covers 20 to 25 percent of living costs but does not cover tuition. Most students use this income for meals, transport, and entertainment.
Ques. Do I need to take the GRE or GMAT for undergraduate admission to Pace?
Ans. No. Pace’s undergraduate program does not require GRE or GMAT. The university accepts SAT or ACT scores from high school. Test scores are optional if your high school GPA is above 3.5. GMAT and GRE are required only for graduate (master’s) programs, not for the four-year bachelor’s degree.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $51382 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Food | $23800 |
| Personal Expenses | $1654 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $48152 |
| 2022 | $46978 |
| 2021 | $46978 |
Scores Required
3.0 / 4
Minimum gpa
GPA
Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| BL Mandhana Scholarships | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Novus Biological Scholarship Program | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| USD 65,920 /Yr |
| |||
-- | USD 51,382 /Yr | |||
| USD 48,300 /Yr |
| |||
-- | USD 18,600 /Yr |
| ||
B.S Economics, Iona College2 years | -- | USD 45,060 /Yr |
|
Do you think the Dates are wrong ? Report Here






















Comments