Economics

The Israel Academic College in Ramat GanBachelor of Arts (B.A)

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Admission requirements

You can be admitted through one of these tracks:

Regular track

Economics – double major bachelor's degree (BA)

A bagrut certificate with an average grade of 80 or higher, or completion of a designated pre-academic mechina with a grade of 80 or higher, or eligibility for a bagrut certificate and a psychometric exam score of at least 550.
Applicants with a practical engineer diploma issued by the Ministry of Education or the Ministry of Economy and Industry (MAHAT) will be considered to hold a certificate equivalent to a bagrut certificate, provided they present a transcript for their practical engineer diploma with an average of 80 or higher.

Special track

Students who do not fully meet the admission requirements

Up to 10% of students who do not fully meet the admission requirements may be admitted, subject to the decision of the institutional status committee.

For adults and those who have studied before1

Program for Bagrut Courses +30

Program for Bagrut Courses +30 – Applicants over the age of 30 who do not have a bagrut certificate can join the program offered by The Israel Academic College in Ramat Gan. Certificate of completion with a grade of at least 80. We can accept up to 10% of those admitted to study at the institution that year to the 30+ mechina.

These are minimum requirements: meeting them does not by itself guarantee admission.

For every track

Mathematics – Applicants must present at least 4 units in mathematics with a grade of at least 75. Applicants who do not meet this requirement will be required to take a supplementary course in mathematics and complete it with a grade of at least 80. A grade of 55 or higher in mathematics at the 5-unit level grants an exemption from the supplementary course in mathematics.
Hebrew level assessment – Applicants who took a bagrut exam in a language other than Hebrew will be invited to take a Hebrew level assessment at the college or, alternatively, present a score on the Hebrew proficiency test (Yael exam), which will be used to determine their level.
Israeli citizens or holders of a permanent resident certificate in Israel.

The Hebrew terms

bachelor's degreeתואר ראשוןdouble majorדו-חוגיbagrut certificateתעודת בגרותbagrutבגרותmechinaמכינהpre-academic mechinaמכינת קד"אeligibility for a bagrut certificateזכאות לבגרותpsychometric examפסיכומטריpractical engineerהנדסאיMinistry of Educationמשרד החינוך

Source:The institution's siteiac.ac.ilchecked 2 Oct 2026

What you study

Economics is a field of knowledge in the social sciences that deals with all human activity aimed at obtaining the material means people need for their existence and well-being. The field is divided into 2 main areas: microeconomics, which deals with the problems of individuals—producers, markets and consumers—and macroeconomics, which deals with processes in the economy as a whole. A degree in economics combines theoretical knowledge of mathematical and economic models with practical tools that enable graduates to understand and analyze various economic issues, including unemployment, inflation, recession, crises, foreign currency issues and exchange rates, foreign trade, statistical analysis and more.

Source:Avodata, Ministry of Laboravodata.labor.gov.ilchecked 2 Oct 20262023 data

After the degree

What graduates work as

Economicsmost commonResearch, monitoring data, analyzing information, preparing reports and plans, and providing advice to solve business and economic problems. Developing models to analyze patterns in the economy, explain them and predict them.
AccountingPlanning, organizing and managing accounting systems for individuals and institutions. Examining and analyzing accounting and financial records.
Financial and Investment ConsultingDeveloping financial plans for individuals and organizations, investing funds and managing funds on their behalf.
Financial ManagementPlanning, organizing, directing and coordinating financial operations within or for a company or organization.
Bank or Post Office Clerical WorkProviding direct service to bank or post office customers regarding the receipt, exchange and payment of money, as well as providing postal services.

Which industries they work in

Legal and Accounting Services18%
Computer programming, computer consulting, and other related services16%
Financial Services, Except Insurance and Pension Funds10%

Employment rate above average: 91% of graduates are employed 3–4 years after completing their studies(average across colleges)

Graduates’ salaries above average: ₪17,400 average monthly salary 5–6 years after completing their studies(average across colleges)

Source:Avodata, Ministry of Laboravodata.labor.gov.il“colleges” tabchecked 2 Oct 20262023 data

Admitted students and graduates

average across colleges

Program length: 3 years
On-time graduation rate 75% of students
Average bagrut score of admitted students: 91 points
Average psychometric score: 490 points

Source:Avodata, Ministry of Laboravodata.labor.gov.il“colleges” tabchecked 2 Oct 20262023 data

Money

How the institution is funded

Non-budgeted institutions

Tuition

At academic institutions that are not funded by the Planning and Budgeting Committee (PBC), tuition is set by the institution itself.

Source:Council for Higher Educationche.org.il /…/מוסדות לא מתוקצביםchecked 4 Oct 2026
Source:Council for Higher Educationche.org.il /…/שכר-הלימודchecked 4 Oct 2026