M.A. in Economics

Entry requirements for Postgraduate programs

Application Fee: US $ 60

Academic Qualifications:

• As part of the admission process, applicants are expected to showcase strong academic achievements. The University of Memphis looks for candidates with a solid academic background, requiring a minimum of 80% to 82% in their prior academic qualifications.

English Language Proficiency:

• IELTS: Overall IELTS score of 6.5.
• TOEFL iBT: Overall TOEFL iBT score required is 80.
• PTE: Minimum PTE score required is 59.
• DET: Minimum DET score required is 110.

Standardized Test Requirements:

• GRE (Graduate Record Examination): A GRE score of 290 is required.
• GMAT (Graduate Management Admission Test): A GMAT score of 570 is required.

The University of Memphis is committed to fostering diversity and inclusivity within its student body. As part of this commitment, the university offers a range of scholarships specifically designed to support international students in their academic pursuits. 

International Merit Scholarships: The University of Memphis provides International Merit Scholarships to outstanding students from around the world. These scholarships are awarded based on academic excellence, leadership qualities, and extracurricular achievements. Recipients of this scholarship are recognized for their exceptional contributions to the university community.

Global Ambassador Scholarships: The Global Ambassador Scholarships are aimed at students who demonstrate a strong commitment to promoting cultural diversity and global understanding. Recipients of this scholarship actively engage in initiatives that enhance cross-cultural exchange within the university and the broader community.

Cultural Diversity Scholarships: The university values the enrichment brought about by students from diverse cultural backgrounds. The Cultural Diversity Scholarships aim to support students who contribute to the university's cultural tapestry. These scholarships consider factors such as nationality, ethnicity, and cultural achievements.

Academic Excellence Awards: Recognizing the importance of academic achievement, the University of Memphis offers Academic Excellence Awards to international students who have demonstrated outstanding performance in their academic endeavors. These awards may cover tuition and other educational expenses.

International Graduate Assistantships: For graduate students, the university provides International Graduate Assistantships that offer financial support through research or teaching assistant roles. These assistantships not only provide financial assistance but also valuable professional development opportunities.

Destination Memphis Scholarships: The Destination Memphis Scholarships are designed to attract high-achieving students to the University of Memphis. These scholarships may cover a portion of tuition costs and are awarded based on a holistic assessment of a student's achievements.

The M.A. in Economics program at the University of Memphis equips graduates with a robust skill set, combining theoretical knowledge and quantitative analysis, paving the way for diverse and rewarding career prospects in various sectors.  

1. Economist: Graduates can pursue roles as economists in government agencies, research institutions, or private organizations. They analyze economic trends, conduct research, and provide insights that contribute to informed decision-making and policy formulation.

2. Policy Analyst: The program prepares graduates for roles as policy analysts, where they can assess the economic impact of policies, propose recommendations, and contribute to the development of effective public policies. This may involve working with government agencies, think tanks, or advocacy organizations.

3. Financial Analyst: With a strong foundation in economic analysis, graduates may pursue careers as financial analysts, providing insights into investment decisions, financial trends, and market conditions. They can work in financial institutions, investment firms, or corporate finance departments.

4. Data Analyst/Quantitative Analyst: The emphasis on quantitative skills in the program prepares graduates for roles as data analysts or quantitative analysts. They can work in industries such as finance, marketing, or technology, utilizing their analytical abilities to interpret and derive insights from large datasets.

5. Consultant: Graduates can enter the consulting field, offering their expertise to businesses, government agencies, or non-profit organizations. Economic consultants may advise on market research, policy evaluation, or strategic planning, providing valuable insights for organizational decision-making.

6. Researcher in Think Tanks: The program's focus on research methodologies positions graduates for roles in think tanks or research institutions. They can contribute to economic research projects, address policy issues, and engage in scholarly work that informs public discourse.

7. International Economist: With a global perspective gained through the program, graduates may pursue careers as international economists. They can work for international organizations, government agencies, or multinational corporations, analyzing global economic trends and advising on international economic policies.

8. Educator/Professor: Graduates interested in academia can pursue roles as educators or professors. They may teach economics at the high school or community college level or choose to pursue a Ph.D. for university-level teaching and research positions.

9. Business Analyst: The program's analytical focus prepares graduates for roles as business analysts, where they can assess market conditions, competition, and economic factors influencing business operations. Business analysts play a crucial role in strategic planning and decision support within organizations.