Indiana University-Purdue University Indianapolis
Economics

Master of Arts in Economics

Tarun Dadoo

The Students

The student body is quite diverse. Students from the U.S., China, India, Kyrgyzstan, Mexico, Nepal, Russia, Thailand, and Turkey have enrolled in our program. Approximately a third of our students work full-time in private industry or government while the others work part-time or are full-time students. About half of the graduate students are women. Our students hold undergraduate degrees in Economics, Business, Engineering, Mathematics and Political Science.

Almost every student has been successfully placed shortly after graduation. Those seeking a Ph.D. in Economics and related fields such as Business and Finance have gone on to universities such as Chicago, Cornell, Indiana, Iowa, North Carolina, Rutgers, UC-San Diego, and Virginia Tech. Other graduates have taken jobs with employers such as  the Federal Home Loan Bank Board, the Indianapolis Department of Commerce, the Indiana State Budget Agency, the IU Medical Center,  Pedcor Bancorp, Spiegel, Inc., Union Federal Savings Bank, the Veterans Administration Medical Center, and Walker Research.

A 2003 study for the European Economics Association included IUPUI in their list of the top 200 research departments in the world. We were among the top 80 in the U.S.



Requirements

The M.A. degree requires the completion of 24 credits of economics classes plus either (i) 6 credits of outside field classes; or (ii) 6 credits of thesis preparation.



Admissions

Students with good credentials in any discipline may apply to the program, but successful applicants usually demonstrate an ability in economics or other areas with significant training in mathematics. Applicants must submit an application form, official transcripts of all relevant academic work, three letters of recommendation from people capable of assessing the student’s potential for graduate study (at least two are normally from former instructors), scores from the Graduate Record Examination (GRE), and a personal statement indicating why they wish to earn an advanced degree in economics. Graduate study in Economics also requires knowledge of intermediate-level undergraduate economic theory, differential and integral calculus, and statistics. An applicant whose academic record does not meet the standard in a particular area may be admitted if his or her record is outstanding in other respects.

Foreign applicants are required to take the Test of English as a Foreign Language (TOEFL) and receive a score of 550 or above. A score of 600 and above is usually needed to be successful in the Economics program. They will also be required to take an on-campus exam for English proficiency prior to their first semester of course work and may be required to take additional classes in English as a second language. We also accept successful completion of ELS 112 in lieu of a TOEFL score for admission.

To apply online please Click Here
Students typically enter the program in August. Applications for admission may be submitted up through June 15.



Financial Support

Tuition fees for the 2010-2011 academic year are $283.20 per credit hour for residents and $852.40 per credit hour for non-residents. These rates have been increasing by about 5 percent per year recently.

Financial assistance in the form of assistantships or fellowships is typically only available for Ph.D. students. Internships or assistantships to partially offset the cost of the program can occasionally be arranged for the second year.  Other forms of aid are available through the Office of Scholarships and Financial Aid.

For questions please contact Professor Peter Rangazas at: prangaza@iupui.edu