The Economics M.S. program teaches fundamental skills and state-of-the-art analytical and econometric tools. Through in-depth coursework you will begin to master invaluable advanced theoretical and empirical skills.
- Is this program a good fit for you?
The Economics M.S. program attracts students from a variety of backgrounds and interests. They typically have some of the following qualities:
- Enjoy working with data
- Possess critical thinking skills
- Have an interest in deeper analysis of economic processes
- Undergraduate degrees that best prepare you for our program
- Mathematics or Statistics
- Computer Science/Data Science
- Natural Sciences
- Business Administration, Finance, and other business majors
- Public Affairs/Public Policy
- Program overview + highlights
A total of 30 credit hours is required for this degree. All of our M.S. students take the same set of three classes in each of the first two semesters. In the third semester, you will choose one of two tracks.
The coursework in this program can be finished in three semesters.
Our M.S. Degree program is classified as STEM (CIP Code 45.0603: Econometrics and Quantitative Economics). This means that students in this program can apply for a 24-month STEM extension of F-1 Optional Practical Training (OPT).
You can learn more about our program here: https://economics.indiana.edu/student-portal/graduate/ms-degree.html.
- Funding sources
Our department does not offer funding for master’s students, but there often are funding opportunities available at the GradGrants Center: https://gradgrants.indiana.edu/.
- Career opportunities
Our graduates find jobs in finance, real estate, banking, and economics consulting. Others pursue government work (36 percent of economists work for the government at the local, state, and federal levels). The master’s program also provides a solid foundation for applying for a Ph.D. program.
- Application requirements
IU’s Graduate School requires a GPA of 3.0 or better, although this requirement can sometimes be waived. International students are required to pass an appropriate language test.
GRE NOTE: Our program does not require the GRE for IU graduates, but it is required for other applicants.
More information about application requirements can be found on our website: https://economics.indiana.edu/graduate/how-to-apply/index.html.
Coursework needed for admission
Calculus I and II; more generally, as many mathematics courses as possible