The explosion of data available to firms and governments has increased the demand for skilled people to organize, analyze, and interpret the information. A Master’s in Economics is a good way to obtain the necessary skills. Those with an Economics Master’s degree work in banking, finance, marketing, business strategy, and government positions, earning salaries that are consistently in the top 10 among all master’s degree holders. A Masters is also a good pathway through which to enter a PhD program in Economics.
Students in the dual program complete 30 credit hours of coursework. There are four courses (12 credits) that overlap and count for both the BA and the MS degrees. The four courses are E406 (Senior Seminar in Economics), E504 (Mathematics for Economists), E570 (Econometrics) and STAT 41600/51600 (a probability theory course that provides background needed for more advanced statistical and econometric work). These four courses are taken in the student’s senior year. Thus, if the student decides not to complete the MS, they would be taking no “extra” courses—all four courses would count toward their BA or BS degree in economics. The remaining six courses (18 credits) are taken across two semesters in a fifth year of study.
First Year/Senior Year:
The requirements for the degree are the same as the requirements for students to gain admission to the MS program except that a completed undergraduate degree is not required to get started. Admissions will be based on (1) performance in the core economics undergraduate economics courses (E201, E202, E270, E321, E322), (2) performance in Math 16500 (Calculus I) and (3) three letters of recommendation from instructors in the undergraduate courses mentioned above.
Professor Peter Rangazas
Master’s Program Director
Department of Economics