40 Best Master’s Degrees in Economics 2019

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According to the United States Bureau of Labor, the median pay for economists in 2017 – who more often than not, had a masters degree – earned an average of $102,490 a year. While employment opportunities exist for those with only a bachelor’s degree in the field, those who have received a master’s degree will hold more extensive skills in quantitative analysis, the application of economic theory, and specialized, dense areas of economics.

Obtaining a Master’s in Economics readies economists for both competitive, high-paying, and prestigious employment, but also for continued study into Ph.D. programs. In comparison to a Masters in Business Administration, opting for a master’s degree that is specialized usually translates to more immediate earning potential upon graduation, as well as a shorter time in the program. Plus, entrance to an MBA typically requires years of professional experience where it is unlikely to be a requirement for admission into a Master’s in Economics program.

Those who pursue a Master’s in Economics should expect to graduate with the skills necessary to analyze real-world economic problems with the competitive edge of having gone in-depth into the discourse theory, and being familiarized with quantitative methods and comparative approaches.

 

#40 –  George Washington University

Master of Arts in Applied Economics

Washington, DC

George Washington University’s program is STEM designated and consists of ten courses for 30 credits total.

Program Website

George Washington University’s Master of Arts in Applied Economics teaches students how to use economic theories, quantitative tools, statistic models, and data to face real-world pressing problems. The program is STEM designated and consists of ten courses for 30 credits total. There are six core courses and four electives, where elective topics consist of Applied Game Theory, Applied Cost-Benefit Analysis, Applied Urban Economics, and more. Students may apply for both fall and spring admission and must have earned an undergraduate degree with a GPA of 3.0 or better. Undergraduate courses in introductory macro and microeconomics are required, as is one semester of college-level calculus, all with a grade of B or higher earned.

#39 –  University of Texas at Austin

Master of Arts in Economics

Austin, TX

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UT Austin, in the Lone Star State’s capital city, has the eighth-largest single-site enrollment in the United States.

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The University of Texas’ Master of Arts in Economics program takes place over the course of 10, 18, or 24 months, ensuring flexibility for students who may be working or have exterior responsibilities. The program does not offer a thesis option, but students may participate in an internship if they decide on the 18 or 24-month schedule. UT designed the program to both ready students for competitive careers in the private or government sector of economics, or to continue onto a high-quality economics Ph.D. program. The MA in Economics is also suitable as an accompaniment degree to another expertise, such as political science or law. It is not required that applicants have an undergraduate degree in Economics.

#38 –  Temple University

Master of Arts in Economics

Philadelphia, PA

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The MA in Economics at Temple University includes five specialization areas for students to choose from, which include Econometrics, Health Economics, International Economics, Labor, and Quantitative Macroeconomics.

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The Master of Arts in Economics program at Temple University is designed with the primary intention of readying students to become researchers and managers in the field, and many graduates continue onto Ph.D. programs. The MA in Economics includes five specialization areas for students to choose from, which include Econometrics, Health Economics, International Economics, Labor, and Quantitative Macroeconomics. There is also an interdisciplinary track available in the Department of Finance at the university. The program can be completed on a full or part-time basis, as courses are offered after 5:30 PM. TU’s program is a total of 30 credits. Students are admitted in, both,  Fall and Spring terms.

#37 –  Tufts University

Master of Science in Economics

Medford, MA

The Research-Based MS in Economics at Tufts University includes the same course requirements of the prior option, 30 credits, but also 13 extra credits.

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Tufts University’s Master of Science in Economics offers two different tracks for students. The Course-Based MS in Economics will provide students a comprehensive and thorough understanding of theoretical and empirical foundations of modern Economics. Core topics include statistics and econometrics, microeconomic and macroeconomic theory, and mathematics. The Research-Based MS in Economics includes the same course requirements of the prior option, 30 credits, but also 13 extra credits. The 13 includes two master thesis credits, a research seminar, and an additional electives course. The Course-Based track will take one year to complete while the Research-Based track will take two.

#36 –  Washington University in St. Louis

Master of Arts in Economics

St. Louis, MO

The MA in Economics may be earned as a terminal degree, or in preparation for the Ph.D. program at WU.

Program Website

The Master of Arts in Economics program at Washington University in St. Louis is a total of 36 credits. The MA in Economics may be earned as a terminal degree, or in preparation for the Ph.D. program at WU. A baccalaureate degree is required for admission, and while it doesn’t have to be in Economic it is recommended that students have a strong foundation in mathematics. Students are also required to have taken a sequence in calculus, a course in linear algebra, and a course in mathematical statistics. The department also offers an interdisciplinary program for MA students, resulting in a joint-degree in Economics and Systems Science. If students desire to pursue the dual degree, they should contact the Director of Admissions before formally applying.

#35 –  University of California San Diego

Master of Arts in Economics

San Diego, CA

To be admitted to the Ph.D. program at UC San Diego, students must have earned a 3.5 or better GPA as an undergraduate.

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University of California San Diego’s Master of Arts in Economics is not applied to as a stand-alone, terminal master’s program. Students must have been admitted to the Ph.D. program at UC San Diego and decided not to continue in the Ph.D. program or need the Master’s degree to qualify for a summer or part-time job in the midst of their Ph.D. program. To be admitted to the Ph.D. program, students must have earned a 3.5 or better GPA in an undergraduate program, and submit GRE General test scores. The first year in the program will consist of core courses on Micro and Macroeconomics and Econometrics, and electives are in fields such as Behavioral/Experimental Economics, Development, and Finance.

#34 –  University at Buffalo

Masters in Economics

Buffalo, NY

The MS in Economics at the University of Buffalo is actually in Econometric and Quantitative Economics, offering focuses in Financial or International Economics.

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University at Buffalo offers both a Master of Arts and Master of Science in Economics to ensure that all students can succeed in the program with their various academic passions and histories. The MA consists of 30 credits where the MS is 45. The MA in Economics may be completed on its own or combined with a JD Law Degree or the Educational Policy Analysis program. The MS program is actually in Econometric and Quantitative Economics, offering focuses in Financial or International Economics. Both programs and all degree options will prepare students to work in, both,  public and private sector jobs or to go onto a Ph.D. program.

#33 –  University of Houston

Masters in Applied Economics

Houston, TX

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The MAE at the University of Houston consists of 30 credit hours and one final course, or internship during the summer.

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University of Houston’s Master in Applied Economics is a year-long program that will prepare students for data management, statistical analysis, understanding and developing macroeconomic policies, and regression analysis. The MAE is 30 credit hours with one final course or internship during the summer. While applicants need not have majored in Economics for their undergraduate degree, four prerequisite courses are required to have been taken prior to beginning the MAE program. There is no departmental funding for MAE students, but there are a limited number of scholarships awarded each year. Courses follow a specific program set by the university; there are no offered electives in the competitive MAE program.

#32 –  University of Massachusetts

Masters in Applied Economics

Boston, MA

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The MAE at the University of Massachusetts focuses on both graduate-level economic theory as well as the practical tools needed to succeed as an economist.

Program Website

University of Massachusetts’ Masters in Applied Economics provides its students with a thorough understanding of both orthodox and heterodox economics theory, following the program’s emphasis on skills necessary for applied economic research. The program has been designed specifically for those already working in a policy setting, or those pursuing jobs as economists where ongoing policy analysis is necessary. The MAE focuses on both graduate-level economic theory as well as the practical tools needed to succeed as an economist. Graduates will be proficient in the analysis and comparison of alternative economic approaches and traditional ones, and the application of key social science research methods.

#31 –  Yale University

Masters in International and Development Economics

New Haven, CT

If necessary, Yale students can take summer courses in mathematics and English before starting the program.

Program Website

Yale University’s Masters in International and Development Economics is a one-year program preparing students for both professional work and the pursuit of a Ph.D. program. The required eight courses consist of five required core topics and three electives. Prospective students should have a baccalaureate degree in Economics or a strong background in quantitative methods, as well as proficiency in mathematics and economic analysis. If necessary, students may take summer courses in mathematics and English before starting the program. Some elective course topics are Directed Reading, Probability Theory, Stochastic Processes, and Behavioral and Institutional Economics. There is no funding available from Yale for students in the program.

#30 –  University of North Carolina at Charlotte

Master of Science in Economics

Charlotte, NC

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Graduates of North Carolina University at Charlotte have an 80 percent chance of finding a job after completing their degree.

Program Website

The Master of Science in Economics at the University of North Carolina at Charlotte is a designated STEM program that allows students to focus in Quantitative Methods, Applied Economic Analysis, Financial Management, and Quantitative Financial Economics. The program is a total of 30 credits, consisting of 12 credits of core courses, 12 credits in concentration courses, and six hours of research that include a Thesis Option or a Research Project. All applicants should have completed undergraduate coursework in Econometrics, Calculus, Intermediate Micro and Macroeconomic theory, and Mathematical Economics. The program has a graduate employment placement rate of 80 percent. Students will be prepared for analytical and management positions in many different sectors of the field.

#29 –  Georgia State University

Master of Arts in Economics

Atlanta, GA

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Georgia State University’s Master of Arts in Economics is completable over the course of four semesters and 33 credits.

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Georgia State University’s Master of Arts in Economics is a 4-semester-long program consisting of 33 credit hours, with both a thesis and non-thesis option available to students. The program can be completed at part or full-time and focuses on both theoretical economics and with the practical skills and experience necessary to succeed in the field. Students will three required courses, a research skill course, and then five economic courses are chosen with the guidance of the MA faculty advisor. The program will finish with two elective courses and then a non-thesis paper or a thesis paper and research. There is also an available Policy Track for students in the program, which has designated elective courses as well as a portfolio requirement.

#28 –  University of Arizona

Master of Science in Econometrics and Quantitative Economics

Tucson, AZ

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Arizona State University’s Master of Science in Economics offers degree focus areas such as Microeconomic Theory and Empirical Microeconomics.

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University of Arizona’s Master of Science in Econometrics and Quantitative Economics is a full-time, 30-credit program. The sequence of other program requires at least two core courses per semester alongside electives after the first term. There are four focus areas in the program, consisting of Econometrics, Microeconomic Theory, Empirical Microeconomics, and Experimental/behavioral economics. The emphasis on microeconomics is what UA prides itself on, as it sets their program apart from the traditional course load of most Economics programs. Applicants should have an undergraduate degree in economics or a related field as well as proficiency in mathematics, specifically in statistics and calculus.  

#27 –  Syracuse University

Master of Arts in Economics

Syracuse, NY

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The MSE at Syracuse University is completable within one year.

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Syracuse University’s Master of Arts in Economics can be completed in one year if the student has strong undergraduate training in Economics and is enrolled full-time. The program will train students on research in labor economics, public economics, international trade, and urban and regional economics. Upon graduation, students will have extensive knowledge in micro and macroeconomic theory, econometric methods, and possibly of the synergies between economics and another field, if the dual-degree is earned. Of the 30 credits, five are required core courses and five are electives chosen with the guidance of the MA degree director. Most students admitted have studied Economics at the baccalaureate level, but some others have a quantitative background.

#26 –  Florida State University

Masters in Applied Economics

Tallahassee, FL

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Overall, Florida State University’s Masters in Applied Economics consists of 32 credits.

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Florida State University’s Masters in Applied Economics is a one-year terminal master’s program, suitable for students looking for employment in, both,  private and public sectors of the field or to go onto Ph.D. studies. The MAE is a total of 32 credit hours, taking place over fall, spring, and summer terms. The summer term is when a student will complete their final Applied Project, a course designed to expose students to the day-to-day and practical happenings of an economist’s work. In the applied project, students will perform practical research and meet regularly with senior partners, when they’re assigned formal presentations and a final report. Graduates from the program are strong competitors in the job market, as the MAE at FSU focuses on not just traditional economics but the applications of the field in practice or business settings.

#25 –  American University

Master of Arts in Economics

Washington, DC

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The advantageous location of Washington, DC allows American University to give students opportunities for internships and hands-on experience while participating in the Master of Arts in Economics program. Students will have the ability to choose from five areas of expertise –  applied economics, development economics, applied economics, gender analysis in economics, and financial economic policy in the offered online program. The program is a total of 30 credits, 15 of which are core courses and the rest electives, offering students an amount of flexibility in the program.

#24 –  Baylor University

Master of Science in Economics

Waco, TX

All students at Baylor University participate in research seminars the first two terms in the program, as they are required.

Program Website

The Master of Science in Economics program at Baylor University is designed for students who plan on entering professional careers upon graduation, or those who plan on pursuing doctoral degrees. The program is a total of 24 credits for those who choose to complete six credit thesis or 36 credits for those who choose the non-thesis route. Elective topics include Game Theory, Comparative Economic Systems, International Trade, and Health Economics. All students participate in research seminars during the first two terms in the program, as they are required. Applicants are required to submit GRE scores or GMAT, but GRE is preferred.

#23 –  Stony Brook University

Master of Art in Economics

Stony Brook, NY

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Stony Brook students in the MA program will be taking courses designed for the Ph.D. level, alongside doctoral students.

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Stony Brook University prides itself on the difference in its Master of Arts in Economics program in comparison to the ones created by other institutions: the first year is entirely focused on the fundamentals of economics, allowing students with no prior work in the discourse to succeed. However, a mathematical background is necessary. Students in the MA program will be taking courses designed for the Ph.D. level, alongside doctoral students. MA admission requirements are nearly identical to the Ph.D., and students who thrive in the 11 courses of the master’s program may be at the consideration of the department for continuance in the Ph.D. program. There is also a 14-course Advanced MA program, which is designed for students looking to apply for doctoral programs or enter the professional workforce.

#22 –  University of Missouri

Master of Arts in Economics

Columbia, MO

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The University of Missouri’s Master of Arts in Economics provides courses such as Econometrics and Quantitative Economics.

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The Master of Arts in Economics at the University of Missouri is a total of 30 credits, including 21 credit hours of core courses. There are two emphasis options available to students, Econometrics and Quantitative Economics. Graduates are equipped with the tools to be competitive hires for jobs in, both,  government and private enterprises, colleges, and universities and research institutions. Dual degrees are also offered alongside the program, such as the MA in Economics and JD in Law, and the Master of Science in Applied Mathematics and the MA in Economics. There are teaching and research assistantships available to graduate students to alleviate some of the costs of the program.

#21 –  University of Oklahoma

Master of Arts in Economics

Norman, OK

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The MAE at the University of Oklahoma consists of 14 core credit hours, 18 electives, and two completion credits.

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The Master of Arts in Economics at the University of Oklahoma is a 32-credit program that typically takes place in the fall, spring, and summer semesters. The MA consists of 14 core credit hours, 18 electives, and two completion credits. The completion credits are earned when a student passes a comprehensive exam, taking a two-credit-hour course during the term they will take the exam. Only one retake of the examination is allowed. Core courses include topics such as Statistics for Decision Making, Managerial Economics, and Contemporary Economic Methods and Analysis. The Extended Campus of The University of Oklahoma, which houses the program, was created with non-traditional students in mind. This intention towards flexibility is also reflected in the program’s thesis and non-thesis options.

#20 –  West Texas A&M University

Master of Science in Finance and Economics

Canyon, TX

To be admitted, students must have an undergraduate GPA of 3.0 or better and submit a resume showing career progress.

Program Website

The Master of Science in Finance and Economics at West Texas A&M University is designed for those who are pursuing careers in or are already working in financial institutions, policy-oriented fields in, both,  the public and private sectors, economic and financial consulting, or are preparing for doctoral programs. Most students typically complete the 36-credit program in two years. The MSFE is also available to students entirely online. To be admitted, students must have an undergraduate GPA of 3.0 or better and submit a resume showing career progress. Core courses in the program account for 21 of the credit hours, including topics like Monetary and Fiscal Policy and Corporate Governance. The other credits will be fulfilled through nine hours of elective courses in economics or finance, and six in a wide variety of discourses, such as accounting or computer information.

#19 –   University of Delaware

Master of Arts in Economics

Denver, CO

Before graduation, DU students must additionally complete a research project and attend a department seminar.

Program Website

The Master of Arts in Economics program at the University of Delaware offers maximum elective opportunities for students- the MA is 30 credit hours with only nine being core courses. Before graduation, DU students must additionally complete a research project and attend a department seminar. Applicants should have a bachelor’s degree with at least a 3.0 GPA, but it may be in any academic field. While the department also offers an MS degree, the MA is the only program designed in economics with the opportunity for maximum electives, and with an interdisciplinary understanding of economics implemented into the curriculum. Both the MA and MS are intended to be three-semester programs.

#18 –  University of Minnesota Twin Cities

Master of Arts in Economics

Minneapolis, MN

 

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The graduate programs at UM focus both on theoretical and applied fields of economics, making it possible for students to research in, both, microeconomic or macroeconomic theory.

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The University of Minnesota at Twin Cities’ Master of Arts in Economics has been attractively designed to not require summer semesters for timely completion. It is a 30-credit non-terminal program; students may only complete the MA if they have been admitted to the Ph.D. program and do not wish to continue. The graduate programs at UM focus both on theoretical and applied fields of economics, making it possible for students to research in, both, microeconomic or macroeconomic theory. There are also over five specialization areas. In order to graduate, students must complete 16 credits of core courses, eight of electives, and six credits exterior to the major. These courses will be chosen with the guidance of the director of graduate studies.

#17 –  North Carolina State University

Masters in Economics

Raleigh, NC

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UNC students in the terminal program completing an MS degree are required to complete a thesis and an oral examination, while those obtaining an MR degree are not.

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North Carolina State offers two tracks in the Master’s program, one that is terminal and one for Ph.D. prep for their own doctoral program. The terminal program can be completed either on a full or part-time basis, taking 12, 18, or 24 months. There are four offered concentration areas: Financial/Macro Econometrics, International Development and Trade, Natural Resource & Environmental Economics, and Economic Policy. Students in the terminal program completing an MS degree are required to complete a thesis and an oral examination, while those obtaining an MR degree are not. The Ph.D. prep program is nearly the same to the terminal program, but the core courses are based in theory while the terminal program’s are more applied economics.

#16 –  Lehigh University

Master of Science in Applied Economics

Bethlehem, PA

Lehigh prides itself on providing small classroom sizes and research-bound faculty members with a history of experience in the field.

Program Website

Lehigh University’s Master of Science in Applied Economics can be achieved en route to a Ph.D. but is actually designed to hold most of the focal points of the program. Lehigh prides itself on providing small classroom sizes, research-bound faculty members with a history of experience in the field, and an interdisciplinary course selection in topics such as finance, international relations, political science, or marketing. The program emphasizes quantitative data analysis, offering two specialization tracks after core courses are completed: Competition and Market Analysis or Policy Economics. Lehigh students are able to finish a thesis worth up to six credit hours, which is encouraged for students considering the Ph.D. program.

#15 –  University of Southern California

Master of Arts in Economics

Los Angeles, CA

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The Master of Arts in Economics at USC consists of 32 credit hours and eight courses and can be completed in one year.

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The University of Southern California refers to its Master of Arts in Economics as it’s most popular programs. The MA consists of 32 credit hours and eight courses and can be completed in one year if students begin in the fall and finish at the end of summer. Applicants must submit GRE scores. The elective courses for the program make up for 20 of the credits, 12 of which must be Economics courses. All courses, even those Economics ones, must be approved by the Graduate Programs Advisor to ensure students are on track for graduation. What makes USC’s program even more sought-after is its partnership with the Los Angeles Behavioral Economics Laboratory, which offers research assistant positions to exceptional students in the program.

#14 –  University of Illinois at Urbana-Champaign

Master of Science in Policy Economics

Champaign, IL

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The Master of Science in Policy Economics at the University of Illinois at Urbana-Champaign is a STEM designed program, offering students completion tracks from one to two years. The program prepares students for Ph.D. programs or to become competitive candidates for challenging careers in government or business. It has also been designed with working students in mind, especially those who are already into their careers. Students complete a total of 40 credit hours, consisting of eight in the chosen specialization and 16 in electives with a minimum of two in economics. There are ten different areas of specialization, including Labor Economics, Industrial Organization, and Environmental & Natural Resources.

#13 –  University of Wisconsin – Madison

Masters in Economics

Madison, WI

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The Master of Science in Economics at UW places emphasis on econometric training, in response to the job market’s necessity of strong quantitative skills.

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The University of Wisconsin at Madison designed their program for three different types of students: those wishing to further their credentials for employment, those who want to prepare for a Ph.D. program, and those who want to prepare for a career where a Ph.D. is not required. The program places emphasis on econometric training, in response to the job market’s necessity of strong quantitative skills. Applicants to the Masters in Economics program must have completed certain undergraduate courses in economics, calculus, and linear algebra, even if they did not major in economics. They must also have taken the GRE. Students are expected to enroll full-time every semester.

#12 –  Texas A&M University

Master of Science in Economics

College Station, TX

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Texas A&M University’s MSE provides concentrations in Financial Economics or Econometrics.

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Texas A&M University’s Master of Science in Economics program can be completed in three or four semesters and is a total of 36 credits. There are two offered concentrations, Financial Economics or Econometrics. All students must also have completed the Capstone project upon graduation. Core courses are focused on economic theory and analysis, while electives have topics such as Economics of the Multinational Firm, Behavioral Financial Economics, or Financial Econometrics. Some electives may be completed in accounting, finance, or statistics. There is also the option of completing a professional internship during the summer for elective credit. Students will be eligible for graduation after completion of a thesis and final examination, an oral defense, or a research project.

#11 –  Boston University

Master of Arts in Economics

Boston, MA

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Boston University’s MA is a STEM designated program and can be completed in only one year.

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Boston University’s Master of Arts in Economics is a terminal program, preparing students with the required skills and knowledge to be a competitive candidate for jobs as an economic analyst in the business world or government. The MA is a STEM designated program and can be completed in only one year. Applicants are expected to have a bachelor’s degree in economics or a related field. The program is a total of 32 credits, with core topics on micro and macroeconomic theory, statistics, and econometrics. The remainder of the credits is fulfilled through electives. Many of those electives require students to complete independent research or scholarship.

#10 –  New York University

Master of Arts in Economics

New York, NY

New York University’s MA program requires five core courses,  five electives, and a special project in economic research.

Program Website

New York University designed their Master of Arts in Economics to require a minimum of three full-time semesters, but the rest of the 32 credits can be completed at part-time. The MA program requires five core courses,  five electives, and a special project in economic research. The special project is for students to approach research questions while considering overlaps amongst different fields. Electives can be completed through either economics courses or relevant topics in the NYU School of Business. After graduation, students are prepared to enter the workforce or continue onto prestigious Ph.D. programs. Graduates from the MA program have been selected for jobs in the New York area including investment banking, brokerage, management consulting, and even the non-profit sector.

#9 –  Cornell University

Master of Science in Applied Economics and Management

Ithaca, NY

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The Master of Science in Applied Economics and Management at Cornell University prepares students for the subsequent Ph.D. program at the university or elsewhere, as well as professional opportunities. Concentrations are densely focused, including food and agricultural economics, environmental, energy, & resource economics, and applied behavioral economics alongside an individual’s choice of study. While an undergraduate education in economics, a lack of understanding in intermediate-level economics will lengthen a student’s time in the program. Applicants must also submit a GRE score. The MS in Applied Economics and Management equips students with an ability for identification, conceptualization, resolution, and recommendations for economic problems. All students will complete thesis research prior to graduation.

#8 –  University of Michigan

Masters in Applied Economics

Ann Arbor, MI

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The Masters in Applied Economics at the University of Michigan exists alongside the Ph.D. program in the university’s economics department but does not act as an intermediate step into the Economics Ph.D. program. Rather, it prepares students with an understanding of economics tools and their applications, as well as the practical problem-solving skills necessary for success in the professional field. The department proudly hosts faculty and alumni who have been recognized for leading developments in research and teaching, and in government economic policy. Core courses for the entering class of 2019 will increase to a total of 38 credit hours, from the prior 33. Five of those courses will be core curriculum while the rest are chosen from electives, also consisting of courses in a concentrated area.

#7 –  Georgetown University

Masters in Applied Economics

Washington, DC

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Georgetown University’s Masters in Applied Economics is a 30-credit program and does not require a completed project or thesis. It does require four core courses prior to six electives and can be completed in one full year if students are enrolled full-time. Part-time course loads are also allowed, enabling students to complete in two years. The program should be differentiated from a masters degree in Economics, which traditionally serves as a step onto a Ph.D. program. Georgetown’s MAE is designed to prepare students with fundamental tools of economic analysis that set them as competitive candidates in the professional field. Classes take place during the evenings, late afternoons, or on weekends. Applicants do not need to have earned a degree in economics, but a foundation in economics betters the chance of admission.

#6 –  University of Maryland

Master of Professional Studies in Applied Economics

College Park, MD

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The Master of Professional Studies in Applied Economics at the University of Maryland emphasizes analytical skills and the ability to use evidence-based quantitative methods. The 30-credit program can be completed in two years if a full-time schedule is taken. Many students work internships during the final semester in conjunction with a single and final course. Upon graduation, students will be proficient in collecting, evaluating, understanding, and analyzing economic data; interpreting statistical results; articulating and applying both micro and macroeconomic theory to policy discussion; and more. Graduates are readied for competitive employment opportunities as trained economists, both in DC and across the globe. While many students are already working upon entrance to the program, this is not always the case. The employment rate for the 2015 and 2016 graduating class was nearly 100 percent: 56 out of 58 graduates.

#5 –  Purdue University

Master of Science in Economics

West Lafayette, IN

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Purdue University’s competitive Master of Science program is STEM certified.

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The Master of Science in Economics at Purdue University is offered as an online degree with an on-campus option. Students will learn analytic and quantitative methods to evaluate and optimize economic and business outcomes. The program can be completed in as few as 20 months or spread out over the course of 36. It is a total of 30 credits, where 13 are fulfilled in required courses. Students will choose at least one specialization and then earn at least eight credits in that area. Specialization options include Business and Data Analytics, Financial Economics, Advanced Theory, and Public Economics and Policy. Applicants must have earned at least a 2.7 GPA at an undergraduate university. The competitive MS program is STEM certified.

#4 –  Stanford University

Master of Arts in Economics

Stanford, CA

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All students must submit two term papers or a thesis and prove competency in empirical methodology.

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The Master of Arts in Economics at Stanford University requires at least 45 credits earned exterior to the requirements of their bachelor’s degree, and 40 must be in the Department of Economics. All students must submit two term papers or a thesis and prove competency in empirical methodology. Applicants are not admitted if they plan to terminate their graduate study with the MA degree, and need to have completed Stanford’s requirements for a BA in Economics or approximately equivalent training. The MA degree is not earned automatically by Ph.D. students at Stanford and requires a proposal and petition.

#3 –  Johns Hopkins University

Master of Business Administration/Master of Science in Applied Economics

Baltimore, MD

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Johns Hopkins University’s Master of Science in Applied Economics consists of eight core classes and three electives.

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The combined Master of Business Administration and Master of Science in Applied Economics at Johns Hopkins University takes three years to complete and is a total of 31 courses. Both sections of the program may be completed online or in a hybrid format. Applicants to the program must have earned a minimum undergraduate  GPA of 3.0, and taken an introductory course in micro and macroeconomics and a calculus course with an earned B grade. Economic theory courses are typically supportive of success in the program. The MBA consists of core courses, electives, and a specialization chosen from six different options. The MS in Applied Economics is a total of eight courses consisting of three electives.

#2 –  Columbia University

Master Of Arts in Economics

New York, NY

Columbia’s MAE electives can be earned in a variety of topics, such as Economic Policy Analysis, Financial Economics, and International Economics.

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Columbia University’s Master of Arts in Economics program is designed to prepare students for competitive careers in the field, or further their knowledge in economic theory and application. Applicants may be students or mid-career professionals. A Bachelors in Economics is not required for admission, but a foundation in the discourse is highly recommended. The program requires Columbia students to complete seven core classes and three electives, as well as a research paper completed in one of the three elective classes. All requirements are expected to be fulfilled over the course of three semesters. The core courses are focused on micro and macroeconomic analysis, mathematical methods, and econometrics. Electives can be earned in a variety of topics, such as Economic Policy Analysis, Financial Economics, and International Economics.

#1 –  Duke University

Master of Arts in Economics

Durham, NC

Duke University - 30 Best Online Top-Ranked Master’s in Nursing (Nurse Practitioner)

Graduates of Duke will be competitive candidates in the job market and ready for impressive and top-ranking Ph.D. programs.

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Duke University’s Master of Arts in Economics program equips students with a quantitative approach to economics, and the opportunity to tailor their degree schedule to fit their future goals. Students may choose studies from a variety of areas in the discipline, including computational economics, economic analysis, and financial economics. Graduates will be competitive candidates in the job market and ready for impressive and top-ranking Ph.D. programs. The MA program’s flexibility has allowed students to take doctoral level courses in, both, economics and other Duke departments, such as Political Science, Public Policy, and Finance. It’s a total of 30 credits in economics and related fields, but 15 of it must be in economics. Students must complete a Capstone, have the option for an internship, and will graduate with a portfolio.