UC Reclassifies the Managerial Economics Major as STEM
April 11, 2019
The University of California has reclassified the Managerial Economics BS as a Science, Technology, Engineering and Math (STEM) degree. The re-designation changes the major’s Classification of Instructional Program (CIP) code with the U.S. Department of Education’s National Center for Educational Statistics to reflect the rigor of Managerial Economics in quantitative methods for business. It brings UC Davis in line with changes made the past few years by other universities, including Columbia University, the Massachusetts Institute of Technology (MIT), and Yale, as well as the UC Davis Department of Economics. The new STEM designation, besides making the major more competitive, may help students studying in the United States on F-1 visas.