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2024-2025 Graduate Studies Bulletin
Mathematical Business Economics (BS) and Finance (MS), Dual-degree Program
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Qualified undergraduate students may elect to enroll in a dual-degree program, combining their undergraduate Bachelor of Science in mathematical business economics (BS) with a Master of Science in finance. The dual-degree program can be completed in five years.
This BS/MS program requires successful completion of 149 semester hours, including at least 116 semester hours at the undergraduate level and 33 semester hours at the graduate level. Students admitted to the MS portion of the dual-degree program may substitute up to eight semester hours of graduate-level course work for an equal number of semester hours of undergraduate course work toward the completion of their BS degree.
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Direct admission to the dual-degree program
Students entering Hofstra as incoming freshmen may apply for direct admission to this dual-degree program. For those who choose to submit a standardized test score, a 1240 or better on the critical reading and mathematics sections of the SAT (or an ACT score of 25) is recommended. Applicants must have an overall high school GPA of 3.5 (or be in the top 15 percent of their high school graduating class) in order to be considered for admission. Students admitted directly to the dual- degree program as incoming first year students will be admitted automatically to the MS program at the end of their junior year provided that they fulfill the following requirements:
- A score on the Graduate Management Admission Test (GMAT) of at least 550, taken before the end of the junior year, or before completion of 92 semester hours of course work.
- Attain a minimum cumulative GPA of 3.2 at the time of application to the MS program, or upon completion of 92 semester hours of course work toward their BS degree in mathematical business economics, whichever is latest.
- Successful completion of IT 014 and LEGL 020.
- Completion of the first three years of the curriculum outlined below.
Admission to the dual-degree program for current Hofstra students
Qualified Hofstra students majoring in mathematical business economics (BS) may apply for admission to the dual-degree program prior to successfully completing 92 semester hours of undergraduate work. In order to qualify for admission to the dual-degree program, a student must have attained a minimum cumulative GPA of 3.2 at the time of application. Students admitted to the dual- degree program should note that admission to the MS portion of the dual-degree program requires the fulfillment of the following requirements:
- A score on the Graduate Management Admission Test (GMAT) of at least 550, taken before the end of their junior year, or before completion of 92 semester hours of course work.
- A minimum cumulative GPA of 3.2 at the time of application to the MS program or upon completion of 92 semester hours of course work toward their BS degree in mathematical business economics, whichever is latest.
- Successful completion IT 001, IT 015 and LEGL 020.
- The fulfillment of all undergraduate degree requirements for the BS with the exception of the semester hour and major requirements.
- The successful completion of a minimum of 30 semester hours of undergraduate course work in-residence at Hofstra.
NOTE:
Undergraduate students must apply and be accepted into the graduate program before being allowed to take graduate courses as part of their undergraduate program. In addition, students must complete the BS degree before being permitted to take more than 8 semester hours of graduate courses for the MS program in Finance. Please contact the Zarb School of Business Graduate Programs Office for information.
See the complete requirements for the MS in finance in this Bulletin.
Mathematical Business Economics BS requirements
Students admitted to this dual-degree program will receive a BS in mathematical business economics upon completion of the following requirements:
- The complete BS requirements described in the Hofstra College of Liberal Arts and Sciences section of the Undergraduate Bulletin.
- The specific major requirements described in the BS major in mathematical business economics section of the Undergraduate Bulletin. These requirements include:
1. Total Semester Hours: At Least 124
Successful completion of at least 124 semester hours – including at least 116 semester hours of undergraduate course work—with a minimum cumulative grade point average of 2.0 in work completed at Hofstra. 2. Liberal Arts Courses - Total Semester Hours: 51
51 semester hours in liberal arts courses, excluding economics.
3. Residence Requirement
There are two requirements that must ordinarily be completed in residence at Hofstra: (a) 15 semester hours in the major field of specialization; and (b) the last 30 semester hours. The 15 semester hours in the major need not be included within the last 30 hours. 4. General Requirements
The following general requirements: A. Writing Requirement
Satisfactory completion of WSC 001 and 002, and the Hofstra Writing Proficiency Exam. B. Distribution requirements
33 semester hours in distribution courses as described in the BA degree requirements in the Hofstra College of Liberal Arts and Sciences section of the Undergraduate Bulletin. Students should note that the distribution requirement for the Natural Sciences/Mathematics/Computer Science Division must be fulfilled by taking 3 semester hours in the natural sciences, in addition to the two math courses required for the major specialization, MATH 071 and 072.
C. Language Requirement
Language requirement: LING 101, or completion of level 2 of a foreign language, or placement above level 2 of a foreign language. A. Economics - Total Semester Hours: 33
33 semester hours in economics. Required courses include ECO 001 (or 007), 002, 080, 130, 132, 144, 184, and 186. Students select additional electives from among the 100-level courses in economics for a total of 9 semester hours.
- ECO 001 - Principles of Economics Semester Hours: 3
- or ECO 007 - (BH) Explorations of Current Economic Issues Semester Hours: 3
- ECO 002 - Principles of Economics Semester Hours: 3
- ECO 080 - Mathematical Methods in Economics Semester Hours: 3
- ECO 130 - Microeconomic Behavior and Institutions Semester Hours: 3
- ECO 132 - Intermediate Macroeconomics Semester Hours: 3
- ECO 144 - History of Economic Thought Semester Hours: 3
- ECO 184 - (BH) Empirical Methods in Economics Semester Hours: 3
- ECO 186 - Introduction to Econometrics Semester Hours: 3
B. Mathematics - Total Semester Hours: 19
Required courses include MATH 71, 72, 73, and 135A. Students select one additional elective from among the following courses: MATH 114, 121, 131, and 137, or any other 100-level course in mathematics approved by the chairpersons of both the economics and mathematics departments.
Required courses include:
- MATH 071 - (MA) Analytic Geometry and Calculus I Semester Hours: 4
- MATH 072 - (MA) Analytic Geometry and Calculus II Semester Hours: 4
- MATH 073 - (MA) Analytic Geometry and Calculus III Semester Hours: 4
- MATH 135A - (MA) Linear Algebra Semester Hours: 4
Students select one additional elective from among the following courses:
- MATH 114 - (MA) Introduction to Higher Mathematics Semester Hours: 3
- MATH 121 - (MA) An Introduction to Dynamical Systems Semester Hours: 3
- MATH 131 - (MA) Elementary Differential Equations Semester Hours: 3
- MATH 137 - (MA) Mathematical Probability and Statistics Semester Hours: 3
- or any other 100-level course in mathematics approved by the chairpersons of both the economics and mathematics departments.
C. Business courses - Total Semester Hours: 25
25 semester hours in undergraduate business courses, including IT 001, IT 015 and LEGL 020.
- IT 001 - Introduction to Excel Semester Hours: 1
- IT 015 - Introduction to Information Systems Semester Hours: 3
- LEGL 020 - Introduction to Legal Systems, Environment and Contracts Semester Hours: 3
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