Business Economics (BE)
ABOUT THIS MAJOR
The world we live in has a serious scarcity of resources. If we all could have unlimited access to goods, such as breathable air or drinkable water, the world would operate much smoother. However, since these resources are not abundant, we need to create some kind of order of allocation to avoid conflicts or war (Economics). Simultaneously, organizations and individuals prioritize certain economic activities in order to make a living by producing, buying, and selling commodities and services (Business). Thus, by combining these core fundamentals, the Business Economics major was born.
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Due to the vast array of facets in Business Economics, the major is separated into five concentration tracks: Entrepreneurial Business, Economics, Management, Marketing, and Finance. Students will learn the diverse ways of analyzing economic activities that go beyond national boundaries, such as international trade and the flow of capital, while developing the actual skills to assess and determine order for the allocation of scarce resources. In addition, the many components of business will be deeply studied, while utilizing state of the art IT to develop the skills to analyze markets and make the decisions required to build an organization with sound management. Mastery of the concepts found in the two core fields of Business and Economics will provide numerous opportunities in companies, ventures, banks, consulting firms, among other global organizations, as well as a clear path towards an MBA or other advanced degrees.
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5 concentration tracks below:
Click in to know the full list of modules in each track.
*Note: There is no need to take up only the modules covered in your preferred track. The tracks only serve the purpose of recommending you the modules to take. You are allowed to choose modules from different concentration tracks.
Entrepreneurial Business | If you aspire to start your own business or bring a family business to Japan or new markets around the world, the courses within this concentration module will be essential to get you on your way. |
Economics | Each market in the global economy has unique characteristics that make their worlds spin. This concentration module will instill you with practical knowledge and give you the opportunity to earn real experience in global economics. |
Management | For those who are inspired to get a head-start on business management or aspire to earn an MBA, this is a special concentration of courses to start you off on the right foot. |
Marketing | This concentration highlights practical skills that are required to be successful in marketing. If you are enthusiastic about learning how markets function differently around the globe, this is right for you. |
Finance | The popular expression, "Money makes the world go-round" is a universal truth of economics. This concentration module will equip you with the practical skills and knowledge to make an impact in finance. |
YOUR FOUR-YEAR ACADEMIC FLOW
1st year (Freshman):
The first year will focus on academic writing, analytical thinking as well as Japanese language courses for students to not only adapt to life in Japan, but to prepare them for more intense high-level courses offered from their second year and onward. In combination with Liberal Arts courses, students will be able to apply the skills they have gained the first year towards their Major Studies.
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2nd Year (Sophomore) to 4th Year (Senior):
From 2nd year onwards, students will take their modules under their own Major. Students can also pick elective programs from the 2nd year onwards such as Volunteering, Internships or Study Abroad, etc.
Academic Literacy Course
The Academic Literacy Courses is fundamental for all students in all Majors in TIU E-track program.
3 modules are covered in this and all 3 are compulsory.
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Academic Composition I
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Academic Composition II
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Analytical Reading and Thinking
Liberal Arts Courses
The Liberal Art Courses are depending a way for students during their first year to take fundamental courses relevant to their major. While some courses are required dependent on the major, a wide range is offered for students to develop a broader comprehension of various subjects.
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Fundamentals of Mathematics (compulsory course for BE students depending on test score)
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Principles of Management (either this or "Principles of Economics" must be taken for BE students)
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Introduction to Social Psychology
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Introduction to Sociology
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Statistics I (compulsory course for BE students)
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IT Literacy
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Sustainable Society
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Introduction to International Relations
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Principles of Economics (either this or "Principles of Management" must be taken for BE students)
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Principles of Political Science
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World Economy
Japanese Language Class
Even though TIU's E-Track courses are conducted in 100% English, students still need to learn Japanese language to build communicative ability for your daily life and to be prepared with the business level proficiency required for entering the Japanese workforce. Students learn Japanese in a small class setting four days a week. Instructors help students with no prior Japanese experience develop fluent Japanese skills by the time they graduate and work to push students who have already studied Japanese to even higher levels of proficiency.
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All students will take a Japanese language evaluation test before the school decides which level and class to put the student in.
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8 levels of the Japanese language class - Elementary 1, Elementary 2, Intermediate 1, Intermediate 2, Advanced 1, Advanced 2, Upper-Advanced, Business Japanese.
OTHER INFORMATION
Under Academic Literacy Course in your first year, it is required to get a total of 12 credits.
The 3 compulsory modules are worth 4 credits each.
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Under Liberal Arts Courses, it is required to get 16 credits.
All the modules under liberal arts course are worth 4 credits each.
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Under Japanese Language Class, it is required to get 0-16 credits depending on which level you are in.
Elementary 1 and 2 are compulsory for beginner students.
Different levels of Japanese language are worth different amount of credits.
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Elementary Japanese 1 (8 credits)
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Elementary Japanese 2 (8 credits)
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Intermediate Japanese 1 (4 credits)
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Intermediate Japanese 2 (4 credits)
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Advanced Japanese 1 (4 credits)
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Advanced Japanese 2 (4 credits)
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Upper-Advanced Japanese (2 credits)
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Business Japanese (2 credits)
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However it is fundamental to get a total of 44 credits for General Education (Academic Literacy, Liberal Arts, and Japanese language).
Hence if 16 credits are not achieved from Japanese language class, these credits will instead be placed to "Electives".
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Under your own Business Economics Major, it is required to get a total of 40 credits.
Most modules under BE Major are worth 4 credits each.
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Under Electives, it is required to get a total of 40 credits.
These credits can be achieved by selecting any of the other modules under Liberal Arts Course, Japanese Language Class, and/or Business Economics Major.
Note that let's say 16 credits are not achieved from Japanese language class, you will need 56 credits under Electives (and hence only 28 credits for General Education).
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In summary, it is required for each student to get a total of 124 credits upon graduation.
Internships are worth either 2 or 4 credits and this can be applied towards the credits requirement for graduation.