A Drake Quantitative Economics Major, sitting near a laptop and large monitor with a graph, describes their solution

Quantitative Economics Major

Do more than observe society’s challenges—analyze them through the lens of mathematics, markets, and policy.

Program Options

As a Quantitative Economics major, you’ll find that mathematics holds up a mirror to our world, illuminating the big picture and better business practices. Here’s how you’ll examine that relationship.

B.A. in Quantitative Economics

This route gives you a dual focus on mathematics and economics, with eight mathematics courses and four to five in economics plus a research-based capstone. At just 48.5 credits, the B.A. leaves plenty of room for additional studies: in turn, many students opt to add a second major or minor in areas like politics, international relations, or sustainability.

B.S.B.A. in Quantitative Economics

The B.S.B.A. combines all the material of the B.A. with the suite of courses comprising the business core. Through 84.5 credits, you’ll develop a broad understanding of the business environment to expand your career flexibility. To explore a related area, consider adding a minor or second major in finance, international business, or business law.

Meet the Faculty

Rise to the challenge of advanced math, analysis, and modeling with the support and guidance of award-winning teachers who equip you with the tools to apply theory in real-world contexts.

William Boal, PhD

William Boal, PhD

Professor, Economics

Heath Henderson, PhD

Heath Henderson, PhD

Associate Professor, Economics

Sean Severe, PhD

Sean Severe, PhD

Professor, Economics; Department Chair, Accounting, Economics, Finance, and Business Law

Brian Vander Naald, PhD

Brian Vander Naald, PhD

Associate Professor, Economics; Research Coordinator

Liping Zheng, PhD

Liping Zheng, PhD

Associate Professor, Economics

Dr. Maryann Huey

Dr. Maryann Huey

Professor, Mathematics; Department Chair, Mathematics

Andrew Becklin

Andrew Becklin

Assistant Professor, Mathematics

Dr. Stefanie Wang

Dr. Stefanie Wang

Assistant Professor, Mathematics

Outside the Classroom

Head straight into the pillars of our society—business, government, and community—to see how economic theories unfold. Opportunities like internships, clubs, research, and studying abroad let you apply the quantitative tools you’re learning and build job-relevant experience.

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Internships

As a regional hub of business and government, Des Moines provides abundant internship options, with many Quantitative Economics students completing two by graduation.

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Student Clubs

To accelerate your professional growth and build your network, join national organizations like the Econometric Society or any of the 14 business-related student organizations on campus.

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Research

Set yourself apart in graduate school applications. You’ll demonstrate your abilities with a required capstone research paper and have additional opportunities to engage in faculty research or an independent study.

Drake Quantitative Economics Majors in suits line up on stage after receiving their award certificates

Awards

The Zimpleman College of Business cultivates an ethos of social responsibility. Reflecting that, the Dean’s Honor Roll for Social Impact recognizes the contributions of students who invest in the local community.

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Scholarships

100% of full-time Drake undergraduate students receive scholarship support. You may be eligible for both merit- and need-based aid, including scholarships specifically for economics majors.

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Study Abroad

From studying the European economy in Austria to interning with a multinational company in China, unique experiences in more than 70 countries equip you for a career in our globalized business climate.

Careers & Skills

Majoring in quantitative economics unlocks a broad range of possibilities.

The advanced quantitative and mathematical skills you’ll build are at the heart of many in-demand roles, from business analyst to data scientist. And your sophisticated knowledge of economics will come through in law, government, and business careers.

Whether you continue your studies in graduate school or enter the workforce, this dual perspective helps you stand out from the competition.

Employers

  • Amazon
  • Nationwide Insurance
  • Principal Financial Group
  • The Federal Reserve Bank of Chicago
  • Wells Fargo

Skills

  • Advanced mathematics
  • Critical thinking and problem-solving
  • Micro- and macroeconomic analysis
  • Professional communications
  • Quantitative research and data analytics
  • Statistics
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Salary & Growth Outlook

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The average salary for market research analysts as of 2024. (U.S. Bureau of Labor Statistics)

“The greatest strength of the Drake Economics program is that it teaches students how to identify and analyze economic forces in the real world. In my role, I have researched themes such as rural broadband's link to farm productivity and the complexity of the livestock and meat production value chain. My training at Drake prepared me for all of the nuance, complexity, and uncertainty of answering questions based on real data.”
Alex Freeman, AS’19
Quantitative Economics, Politics, and International Relations

Related Programs

There’s more than one way to harness your analytical abilities. Explore additional programs that apply computational tools to important, real-world problems.

Actuarial Science, BSBA

Balance a practically focused business core with expert instruction in actuarial science to position you for success in finance, insurance, risk management, or another field that values an analytical mindset.

Data Analytics, BSBA

Study topics such as marketing, finance, corporate law, and organizational behavior, applying statistics and computer science to drive informed decision-making.

Economics, BA

Acquire the skill set to analyze and interpret the broader business environment, and build an attractive résumé for careers in law, business, and government.

Take the Next Step

Pair the study of economics with advanced mathematics to prepare for careers in business, law, public policy, and government with Drake’s Quantitative Economics Major.

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