Masters in Economics and Quantitative Analysis

The Master's in Economics and Quantitative Analysis program at Wichita State University is a prestigious and AACSB-accredited degree that offers a unique blend of economics, quantitative analysis, and STEM-designated coursework. This program is designed to prepare students for dynamic careers that require a deep understanding of economics and the ability to analyze complex data sets using advanced quantitative techniques.The Master's in Economics and Quantitative Analysis program at Wichita State University is a prestigious and forward-looking program that equips students with the skills and knowledge to excel in diverse roles that require a deep understanding of economics and strong quantitative abilities. With AACSB accreditation and STEM designation, it stands out as a program of excellence in business education and quantitative analysis. Graduates are well-prepared to make a meaningful impact in their chosen careers and contribute to data-driven decision-making in a variety of fields.

Curriculum:

1. STEM-Designated: The Master's in Economics and Quantitative Analysis program also holds the STEM (Science, Technology, Engineering, and Mathematics) designation. This designation is a testament to the program's focus on developing strong quantitative and analytical skills. STEM programs are highly valued for their emphasis on rigorous quantitative training, making graduates particularly sought after in today's data-driven job market.

2. AACSB Accreditation: One of the hallmarks of this program is its accreditation by AACSB International, the Association to Advance Collegiate Schools of Business. AACSB accreditation is a globally recognized distinction held by less than 5% of business schools worldwide. It signifies the program's commitment to excellence in business education, ensuring that students receive a high-quality education that meets rigorous standards.

3. Interdisciplinary Curriculum: The program offers a well-rounded curriculum that combines economics, statistics, data analysis, and mathematical modeling. Students gain a deep understanding of economic principles and the tools needed to analyze economic data effectively.

4. Advanced Analytical Skills: Graduates of this program are equipped with advanced analytical skills, including econometric modeling, data visualization, and statistical analysis. These skills are in high demand across industries.

5. Real-World Applications: The curriculum emphasizes practical applications of economic theory and quantitative methods. Students work on real-world projects and case studies, gaining hands-on experience in solving complex economic problems.

6. Faculty Expertise: Students benefit from working with a faculty of accomplished scholars and researchers who are experts in various areas of economics and quantitative analysis. Faculty members actively engage in research, providing students with opportunities to collaborate on cutting-edge projects.

Application Fees: US$75

Academic Requirements:

1. Bachelor's Degree: Student should hold a bachelor's degree or its equivalent from an accredited institution. This degree should be relevant to the postgraduate program Student intend to pursue.

2. Academic Achievement: Student should have a minimum undergraduate GPA of 3.0 on a 4.0 scale or the equivalent, which translates to approximately 60% and above.

English Language Proficiency Requirements:

1. IELTS: A minimum overall score of 6.5 with no individual band score less than 6.0 is often required.

2. TOEFL iBT (Test of English as a Foreign Language - Internet-Based Test): A minimum overall score of 79 is accepted.

3. DET (Duolingo English Test): A minimum score of 115 or higher is typically required.

4. PTE (Pearson Test of English): Some programs may accept a minimum score of 58 or higher.

Wichita State University (WSU) offers several scholarships to international students to help them pursue their academic goals. These scholarships recognize academic achievement, leadership potential, and contributions to the WSU community. 

1. International Student Merit Scholarships: These scholarships are awarded to outstanding international undergraduate and graduate students based on their academic achievements. The amount of the scholarship varies depending on factors such as GPA and standardized test scores.

2. International Excellence Scholarships: WSU offers competitive scholarships to international undergraduate students who have a strong academic record and demonstrate leadership and community involvement. These scholarships can significantly reduce tuition costs.

3. Graduate Teaching Assistantships: Graduate students may have the opportunity to work as teaching assistants in their respective departments. These positions often come with a stipend and tuition waiver, helping graduate students finance their education.

4. Athletic Scholarships: WSU provides athletic scholarships to international student-athletes who excel in sports such as basketball, track and field, and tennis. These scholarships cover various expenses, including tuition, books, and accommodation.

5. Graduate Research Assistantships: Some graduate programs offer research assistantships that provide financial support to students in exchange for their research contributions. These positions may also include a tuition waiver.

6. Private Scholarships: WSU encourages international students to explore external scholarship opportunities, including those from governments, organizations, and foundations. The Office of International Education can assist students in finding relevant scholarships.

7. Departmental Scholarships: Some academic departments within WSU offer scholarships to students majoring in specific fields. These scholarships may be based on academic merit, leadership, or other criteria related to the student's chosen field of study.

8. Cultural Diversity Scholarships: These scholarships are designed to promote diversity and inclusion on campus. They are available to students from underrepresented backgrounds who contribute to the cultural diversity of WSU.

9. Conditional Scholarships: Conditional scholarships may be offered to students who meet academic requirements but require additional English language support. These scholarships often include language training as part of the package.

It's essential for international students to check the specific eligibility criteria, application deadlines, and scholarship amounts for each scholarship opportunity.

The Masters in Economics and Quantitative Analysis program at Wichita State University is a dynamic and highly regarded degree that opens up a world of exciting career opportunities for graduates. Equipped with a strong foundation in economics and advanced quantitative skills, alumni of this program are in high demand across various industries and sectors.

Economic Analyst: Graduates of this program are well-suited for roles as economic analysts. They analyze economic data, market trends, and policy changes to provide valuable insights to organizations. Economic analysts play a crucial role in helping businesses make informed decisions, assess risks, and identify growth opportunities.

Data Scientist: In an era dominated by data, graduates with quantitative analysis skills are sought after as data scientists. They use their expertise to collect, clean, and analyze data, uncovering patterns and trends that drive strategic decision-making. Data scientists are in high demand in sectors such as technology, finance, and healthcare.

Financial Analyst: Many alumni find rewarding careers as financial analysts. They evaluate investment opportunities, manage portfolios, and provide financial guidance to individuals, corporations, and investment firms. A strong foundation in economics and quantitative analysis is invaluable in this field.

Policy Analyst: Graduates interested in public policy can pursue roles as policy analysts. They work for government agencies, think tanks, or advocacy groups, evaluating the impact of policies and proposing evidence-based solutions to address societal challenges.

Consultant: Consulting firms across industries value the analytical and problem-solving skills of program alumni. Consultants work on diverse projects, from market research to strategic planning, offering their expertise to organizations seeking innovative solutions to complex issues.

Academic and Research Roles: For those with a passion for academia, pursuing a Ph.D. and entering academia or research is a viable path. Graduates can contribute to the field of economics by conducting research and educating future economists.

Healthcare Data Analyst: The healthcare industry relies on data-driven insights for improving patient care and managing resources efficiently. Graduates can leverage their quantitative skills to work as data analysts or health economists in healthcare organizations.

Government Economist: Government agencies at the federal, state, and local levels hire economists to analyze economic data, assess policy impacts, and provide guidance on economic matters.

Market Research Analyst: In the ever-evolving world of marketing and consumer behavior, market research analysts are in high demand. They gather and interpret data to help businesses understand consumer preferences and market trends.

Risk Analyst: Financial institutions, insurance companies, and multinational corporations hire risk analysts to evaluate financial risks, model potential outcomes, and develop risk management strategies.