M.A. in Economics

Entry Requirements for Postgraduate Programs

Application Fees : US$ 70

Academic Requirements:

1. Minimum Percentage: International students applying for postgraduate programs at UNM typically need to have a bachelor's degree or its equivalent from a recognized institution. The minimum academic requirement is usually a bachelor's degree with a cumulative grade point average (GPA) equivalent to 60% or above on a 4.0 scale. UNM may also consider equivalent grading systems from other countries.
    

English Language Proficiency Requirements:

1. IELTS: Overall score of 6.5 or higher, with no individual band score less than 6.0.  

2. TOEFL iBT: The minimum TOEFL iBT score requirement is often 79 or higher.  

3. PTE (Pearson Test of English): A minimum PTE score of 53 is required.

Standardized Tests:

1. GRE (Graduate Record Examination): The minimum GRE score required is 300 or higher. 

2. GMAT (Graduate Management Admission Test): The minimum GMAT score required is 450 or higher.

Scholarships for International Students at the University of New Mexico:

1. Global Education Office Scholarships: UNM's Global Education Office (GEO) offers a range of scholarships specifically for international students. These scholarships are merit-based and can be awarded to both undergraduate and graduate students. They may cover tuition and fees, living expenses, or a combination of both.

2. International Amigo Scholarship: This scholarship is aimed at fostering cultural exchange and friendship between international students and the local community. It provides financial assistance to international students while also encouraging them to engage in community service and cultural outreach activities.

3. Graduate Assistantships: UNM offers graduate assistantships to qualified international graduate students. These assistantships may involve teaching, research, or administrative duties. They often come with a stipend, tuition remission, and health insurance benefits.

4. College or Departmental Scholarships: Various colleges and departments within UNM may have their own scholarships for international students pursuing specific fields of study. These scholarships are typically based on academic achievements, research interests, or other criteria relevant to the department.

5. Private and External Scholarships: UNM encourages international students to explore external scholarship opportunities, such as those offered by international foundations, government agencies, and private organizations. The Global Education Office provides guidance and resources to help students identify and apply for such scholarships.

6. Fulbright Scholarships: UNM participates in the Fulbright Program, which offers scholarships to international students, scholars, and professionals. The university assists eligible international applicants in the Fulbright application process.

7. Cultural and Country-Specific Scholarships: Some cultural or country-specific organizations and foundations offer scholarships to students from particular regions or countries. International students should research opportunities related to their background and nationality.

8. Merit-Based Scholarships: UNM awards merit-based scholarships to outstanding international students who demonstrate exceptional academic achievements and leadership qualities. These scholarships can significantly reduce tuition costs.

9. Research Scholarships: International graduate students in research-intensive programs may have the opportunity to receive research scholarships from faculty members conducting research projects. These scholarships often include a stipend and tuition support.

10. Diversity Scholarships: UNM is committed to promoting diversity and inclusion. Some scholarships are awarded to international students who contribute to the university's diversity through their experiences, backgrounds, or interests.

It's important to note that scholarship availability and eligibility criteria may vary from year to year. Additionally, students are encouraged to meet academic and application requirements to enhance their chances of receiving scholarships.

Graduates of UNM's M.A. in Economics program possess a versatile skill set that opens doors to a wide range of career opportunities. The M.A. in Economics program at UNM not only prepares graduates for various career paths but also instills critical thinking, problem-solving, and research skills essential for lifelong success in the dynamic field of economics.

1. Economist: Analyzing economic data, interpreting trends, and providing forecasts for organizations, government agencies, or research institutions.

2. Policy Analyst: Evaluating economic policies, assessing their impact, and offering recommendations to policymakers and government agencies.

3. Financial Analyst: Analyzing financial data, trends, and investment opportunities for businesses, financial institutions, or investment firms.

4. Economic Consultant: Providing economic consulting services to businesses, governments, or nonprofit organizations to help them make informed decisions based on economic analysis.

5. Market Research Analyst: Conducting research on market conditions, consumer behaviors, and competition to guide marketing and business strategies.

6. Data Analyst: Utilizing statistical techniques and data visualization to derive meaningful insights from large datasets, often for businesses and research organizations.

7. Academic or Researcher: Pursuing a Ph.D. in Economics or related fields and engaging in academic research or teaching at the college or university level.