M.S. in Economics and Policy Analysis

Chicago, Illinois

 

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Program Overview

DePaul University, a renowned institution in Chicago, USA, offers a dynamic and career-focused Master of Science (M.S.) program in Economics and Policy Analysis. This program is STEM (Science, Technology, Engineering, and Mathematics) designated, reflecting its strong emphasis on quantitative and analytical skills. Graduates of the M.S. in Economics and Policy Analysis program at DePaul University are well-prepared for a wide range of career opportunities. They can pursue roles as economists, policy analysts, data scientists, financial analysts, and more, in sectors such as government, finance, healthcare, and academia. The STEM designation equips graduates with advanced quantitative skills that are highly sought after in today's data-driven job market, making them competitive candidates in various industries.DePaul University's M.S. in Economics and Policy Analysis program offers a unique blend of economics, policy analysis, and data science, preparing students for impactful careers in a data-driven world. The program's STEM designation, interdisciplinary curriculum, practical applications, and location advantages in Chicago combine to offer a well-rounded education that opens doors to diverse career prospects. Graduates are equipped with the skills and knowledge to excel in roles that require data analysis, policy evaluation, and economic insights, making them valuable assets in the workforce.

Curriculum:

  1. STEM Designation: The M.S. in Economics and Policy Analysis at DePaul University is STEM designated, emphasizing the program's quantitative and analytical nature. This designation signifies that students will gain advanced skills in data analysis, mathematical modeling, and statistical techniques, which are highly relevant in today's data-driven world.

  2. Interdisciplinary Curriculum: The program features an interdisciplinary curriculum that combines economics, policy analysis, and data science. Students receive a well-rounded education that prepares them for multifaceted roles in economics, public policy, and data analytics.

  3. Quantitative Skills: The core of the program revolves around developing strong quantitative skills. Students learn how to use economic and statistical models to analyze complex policy issues, make data-driven decisions, and predict future economic trends.

  4. Real-World Applications: DePaul University places a strong emphasis on practical, real-world applications of economics and policy analysis. Students engage in projects, internships, and case studies to gain hands-on experience and apply their knowledge to actual policy challenges.

  5. Expert Faculty: The program is taught by experienced faculty members who are actively engaged in research and have a wealth of knowledge in economics, policy analysis, and data science. Their expertise ensures that students receive a high-quality education.

  6. Advanced Software Tools: Students have access to cutting-edge software tools commonly used in the field, such as statistical software, data visualization tools, and database management systems. This hands-on experience with industry-standard software enhances their readiness for the job market.

  7. Specialization Options: DePaul University allows students to tailor their program by choosing from a range of specialization options. This enables students to focus on areas that align with their career goals, such as healthcare policy, environmental economics, or financial economics.

  8. Research Opportunities: The program encourages research and scholarly exploration. Students have the chance to work on research projects alongside faculty or independently, allowing them to deepen their understanding of economic and policy issues.

  9. Career Services: DePaul University offers robust career services to help students prepare for the job market. This includes resume workshops, interview coaching, networking opportunities, and access to a vast alumni network.

  10. Location Advantage: Situated in the heart of Chicago, students benefit from the city's vibrant economy and policy landscape. Chicago provides a rich environment for internships, job opportunities, and networking in economics and policy sectors.

Pollster Education

Location

Chicago, Illinois

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

USD 27504

Entry Requirements for Postgraduate Programs

Application Fees : US$ 75

  1. Academic Qualifications: International students applying for postgraduate programs are required to have a bachelor's degree or its equivalent from an accredited institution. The minimum academic requirement is often a cumulative grade point average (GPA) of 3.0 on a 4.0 scale, which is equivalent to 60% or above.

  2. English Language Proficiency: 

    • IELTS: An overall score of 6.5 or higher, with no individual band score below 6.
    • TOEFL iBT (Test of English as a Foreign Language - Internet-Based Test): A minimum overall score of 80 with no band less than 17.
    • PTE (Pearson Test of English): A score of 53 or higher.
    • DET (Duolingo English Test): A minimum score of 115.

DePaul University is dedicated to supporting the academic aspirations of international students. The university offers various scholarships and financial aid opportunities to help make education more accessible. 

  1. International Student Scholarships: DePaul University provides merit-based scholarships to international undergraduate and graduate students. These scholarships consider academic achievements, test scores, and other criteria.

  2. Global Gateway Scholarships: These scholarships are designed for undergraduate international students who transfer from specific partner institutions to DePaul. They help facilitate a smooth transition.

  3. Dean's Merit-Based Scholarships: DePaul's colleges and schools offer dean's merit-based scholarships to international students within their respective programs. These scholarships recognize outstanding academic achievements and contributions.

  4. Graduate Assistantships: Graduate assistantships may be available to international students pursuing master's or doctoral degrees. These assistantships offer a stipend and sometimes a tuition waiver in exchange for research or teaching assistance.

  5. International Experience Scholarship: This scholarship is for undergraduate students planning to participate in study abroad programs. It provides financial support to students seeking to gain global perspectives.

  6. Vincent G. Rinn Family Endowed Scholarship: This scholarship is awarded to international students with financial need. It helps cover tuition costs and promote diversity within the DePaul community.

  7. Donor-Funded Scholarships: DePaul University administers a range of donor-funded scholarships, some of which are available to international students. These scholarships often have specific eligibility criteria and application requirements.

  8. Athletic Scholarships: DePaul offers athletic scholarships for international student-athletes who excel in various sports. These scholarships may cover tuition and related expenses.

  9. External Scholarships: DePaul encourages international students to explore external scholarship opportunities, both in their home countries and in the United States.

  10. Fellowship Programs: Some academic departments and schools offer fellowship programs that provide financial support to international graduate students pursuing specific areas of study.

It's important to note that scholarship availability, criteria, and application deadlines can vary among programs and departments at DePaul University.

A Master of Science (M.S.) in Economics and Policy Analysis from DePaul University opens doors to a wide range of exciting career opportunities in economics, public policy, and data analysis. Graduates of this program are well-equipped with the knowledge and skills needed to excel in various sectors.  

1. Economists: Graduates can work as economists, conducting research, collecting and analyzing data, and interpreting economic information to provide insights and forecasts. They may be employed by government agencies, research institutions, or private sector organizations.

2. Policy Analysts: Many M.S. graduates find fulfilling careers as policy analysts, where they evaluate government policies, propose recommendations, and assess their impact on society. Policy analysts often work for government agencies, think tanks, advocacy organizations, or consulting firms.

3. Data Analysts: With a strong foundation in data analysis, graduates can pursue roles as data analysts, using their skills to extract meaningful insights from large datasets. They may work in sectors such as finance, healthcare, marketing, or technology.

4. Financial Analysts: Graduates with expertise in economics and policy analysis can enter the world of finance as financial analysts. They assess investment opportunities, evaluate financial data, and make informed recommendations to clients or their organizations.

5. Government and Public Administration: Many alumni choose to work directly in government roles, where they can contribute to public service by advising on economic policies, budgeting, and regulation. Job opportunities can be found at local, state, and federal levels of government.

6. International Organizations: Organizations such as the United Nations, the World Bank, and the International Monetary Fund often hire professionals with strong economic and policy analysis skills to address global issues, provide economic forecasts, and support international development efforts.

7. Nonprofit and Advocacy Organizations: Graduates may find meaningful work in nonprofit and advocacy organizations. They can address societal challenges, such as poverty, education, and healthcare, by analyzing policies and advocating for positive change.

8. Research and Academia: For those interested in research and education, careers in academia and research institutions are an option. Graduates can pursue a Ph.D. and become university professors or research economists.

9. Corporate Strategy and Planning: Private sector opportunities in corporate strategy and planning exist, where graduates contribute to a company's growth and competitiveness by providing economic insights and guiding decision-making processes.

10. Consulting: Consulting firms often seek individuals with expertise in economics and policy analysis to assist clients in making informed decisions related to various industries and challenges.

11. Environmental and Energy Economics: As the world focuses on sustainability and environmental protection, graduates can specialize in environmental and energy economics, working for organizations that address climate change, resource management, and sustainable practices.

12. Economic Journalism: For those with a passion for writing and communication, careers in economic journalism are an option. They can analyze economic trends and policies, helping the public understand complex economic issues.

13. Public Relations and Communications: Graduates can work in public relations and communications departments, using their economic and policy analysis skills to communicate the impact of economic decisions and policies to various stakeholders.

14. Startups and Entrepreneurship: Some graduates choose the path of entrepreneurship by starting their own businesses or joining startups. Their analytical skills can guide business strategies and decision-making processes.


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