M.S. in Applied Economics

Entry Requirements for Postgraduate Programs

Application Fees : US$ 70

1. Academic Qualifications:

   • A completed bachelor's degree from a recognized institution.
   • A minimum undergraduate grade point average (GPA) of 3.0 on a 4.0 scale or its equivalent. Typically, this translates to a minimum of 60% or a "B" grade.
      

2. English Language Proficiency:

   • IELTS (International English Language Testing System): A minimum overall score of 6.5 with no individual band score below 6.0.
   • TOEFL iBT (Test of English as a Foreign Language - Internet-Based Test): A minimum overall score of 79.
   • DET (Duolingo English Test): A minimum score of 110.                                                                                                                                                    

3. Standardized Tests:

   • GRE: A minimum score of 305.

The University of Idaho (UI) offers a variety of scholarships and financial aid options to help international students pursue their education in the United States. These scholarships are designed to recognize academic achievement, talent, and diversity. 

1. International Excellence Scholarship: This merit-based scholarship is open to undergraduate international students who demonstrate exceptional academic performance. The scholarship amount varies and is renewable for up to four years. Eligibility is determined based on academic records and standardized test scores.

2. International Cultural Diversity Scholarship: UI values diversity and offers this scholarship to incoming undergraduate international students who enhance the cultural diversity of the campus. It provides financial support and is renewable for up to four years.

3. International Student Grants: These need-based grants are available to international undergraduate and graduate students who demonstrate financial need. Eligibility is determined based on the Free Application for Federal Student Aid (FAFSA) or other required documentation.

4. Graduate Assistantships: Graduate students pursuing master's or doctoral degrees may be eligible for graduate assistantships. These positions offer a stipend, tuition remission, and valuable professional experience. Assistantships are available in various departments and research projects.

5. College and Departmental Scholarships: Many academic colleges and departments within UI offer scholarships specific to their programs. These scholarships may be based on academic performance, major, or other criteria. Students are encouraged to check with their respective college or department for available opportunities.

6. External Scholarships: UI also provides information and guidance to international students seeking external scholarships, which are offered by organizations, foundations, and government agencies outside the university. These scholarships may have specific eligibility requirements and application deadlines.

7. Fulbright Program: The Fulbright Program offers opportunities for international students to study, conduct research, or teach at the University of Idaho. This prestigious program provides funding for graduate-level education and research projects.

8. Athletic Scholarships: International student-athletes with exceptional sports talents may be eligible for athletic scholarships. These scholarships are typically awarded through the university's athletics department.

It's important to note that scholarship eligibility criteria, application processes, and deadlines can vary.

The University of Idaho offers a highly regarded Master of Science (M.S.) program in Applied Economics that equips students with advanced economic analysis skills, making them well-prepared for a wide range of career opportunities in both the public and private sectors. Graduates of this program have a strong foundation in economics and a practical understanding of how economic principles can be applied to real-world issues.  

1. Economist: Graduates can pursue roles as economists in government agencies, research institutions, and private companies. Economists analyze economic data and trends to provide insights into various issues, such as policy development, market research, and financial forecasting.

2. Policy Analyst: Many graduates choose to work as policy analysts, focusing on evaluating and shaping public policies at local, state, or federal levels. They assess the economic impact of policies and provide recommendations for improvement.

3. Financial Analyst: Financial analysts use their economic and analytical skills to assess investment opportunities, analyze financial data, and provide recommendations to individuals, businesses, or investment firms.

4. Data Analyst: With their quantitative skills, graduates can pursue data analyst positions, helping organizations collect, analyze, and interpret data to make informed decisions. This is particularly relevant in industries such as finance, marketing, and healthcare.

5. Market Research Analyst: Market research analysts study consumer behavior and market trends to help businesses make informed decisions about product development, pricing, and marketing strategies.

6. Consultant: Graduates can work as economic consultants, providing specialized advice to businesses or government agencies on various economic issues, including market entry strategies, cost analysis, and regulatory compliance.

7. Environmental Economist: Environmental economists focus on the economic aspects of environmental issues. They assess the costs and benefits of environmental policies and sustainable practices, making them vital in the field of environmental conservation and management.

8. International Trade Specialist: Given the global nature of today's economy, graduates can specialize in international trade, working with businesses and governments to navigate international markets, trade agreements, and export-import processes.

9. Urban and Regional Planner: Some graduates choose to become urban and regional planners, assisting communities and local governments in making decisions about land use, development, and infrastructure based on economic considerations.

10. Academia and Research: For those interested in pursuing a Ph.D., this program provides an excellent foundation for academic and research careers in economics and related fields.