Master of Arts in Economics

The graduate program in Economics, in the College of Arts and Sciences, emphasizes rigorous training in economic theory and quantitative methods and their creative applications. Both theoretical and empirical work is heavily based on mathematical modeling. In addition to core courses, students choose elective courses from the variety of fields offered in theoretical and quantitative applied economics. It is through these courses that breadth of economic knowledge is gained. Both Ph.D. and M.A. programs share most of the courses. If students choose the Advanced MA track they can also combine their MA degree with the Advanced Certificate in Data and Computational Science, or the Advanced Certificate in Finance The program of study does not depend on prior knowledge of economics, though that is useful. Because of its emphasis on mathematical modeling, the graduate program is highly suitable for those whose undergraduate degrees are in physics, engineering, and mathematics. Those whose undergraduate degrees are in economics usually have to take a number of mathematics courses at a level not usually required for their undergraduate degree in order to be prepared for a graduate program.

Basic Track in Economics - 3 semesters.
Advanced Track in Economics - 4 semesters.

Our master students have a diverse background. An undergraduate major in Economics is not required (although you should be prepared to work hard to catch up quickly if you have not taken any or little economics at the undergrad level). Applicants must have earned a bachelor’s degree with a minimum grade point average of 3.0 (on a 4.0 scale), must have taken the Graduate Record Examination or equivalent, and must submit three letters of recommendation from instructors, academic advisors or employers. A strong mathematical background is required. Applicants should have taken multivariate calculus, linear algebra, and probability. More advanced mathematics courses are highly valued.

English Proficiency

IELTS: Overall score of 6.5, with no subsection recommended to be below 6; and TOEFL iBT: Overall score of 90 for doctoral applicants and 80 for master’s applicants.