UBC has received approval to create the Vancouver School of Economics, a new entity borne out of the Department of Economics, which will house the new bachelor of international economics (BIE) degree.
Tuition for the program is set to cost $10,000 per year for domestic students, and $29,000 per year for international students. UBC hopes to admit the program’s first cohort in September 2013. They expect to take in 80 students, 40 of them international students. UBC is planning a $5 million-plus renovation to the Leo and Thea Koerner Centre to house the school. Approval for the renovation was unusually fast, with rounds 1, 2, and 3 of Board of Governors approval all passed on September 20.