The Management and Business Economics major responds to the growing needs of California’s business environment. UC Merced’s Management and Business Economics major provides rigorous analytical and quantitative training from a blend of fields including economics, management theory and other social sciences. Real-life management problems do not fit neatly into subject areas. Today’s managers tackle issues that involve a number of management functions—so solutions need to draw on expertise from a variety of different areas. The UC Merced approach is to step away from thinking of management as a set of separate functions drawing from single disciplines. Instead, students learn to integrate key ideas from across subject areas to understand all the dimensions of a given issue. Creativity, innovation and entrepreneurship are emphasized.
The Management major prepares students for a broad range of management-related careers. Students will learn the analytical tools that are needed to succeed in a modern, volatile business environment. The curriculum provides a strong foundation in economics, organization, business, finance, accounting and quantitative methods. It focuses on analysis and problem solving across a wide spectrum of management activities. The theoretical underpinning for the undergraduate program comes from economics and management science disciplines that use tools and techniques based on applied mathematics and statistics to solve problems in virtually all areas of business and government. The typical undergraduate student develops skills to build quantitative models of complex operations and competitive markets and be able to use those models to facilitate decision-making.