M.A. in Economics

Milwaukee, Wisconsin

 

INTAKE: Jan & Aug

Program Overview

The Master of Arts (M.A.) in Economics program at the University of Wisconsin Milwaukee is a rigorous and comprehensive academic experience designed to equip students with advanced knowledge and skills in economic analysis. The program caters to individuals seeking to deepen their understanding of economic principles, quantitative techniques, and policy analysis. Offering a blend of theoretical and applied coursework, the M.A. in Economics program prepares graduates for careers in various sectors, including government, academia, research institutions, and the private industry.

STEM Designated: The M.A. in Economics program at UWM is STEM (Science, Technology, Engineering, and Mathematics) designated, highlighting its emphasis on quantitative and analytical skills. This designation reflects the program's commitment to providing students with a strong foundation in statistical and mathematical techniques, enhancing their ability to analyze complex economic phenomena and contribute to data-driven decision-making.

Curriculum: The curriculum is carefully structured to cover a broad spectrum of economic theories, empirical methods, and policy applications. Core courses delve into microeconomic and macroeconomic theory, econometrics, and quantitative methods. Elective courses allow students to specialize in areas such as labor economics, environmental economics, health economics, or international economics. The program often includes a capstone project or thesis, providing students with the opportunity to apply theoretical knowledge to real-world economic challenges.

Research Focus: The M.A. in Economics program places a strong emphasis on research, encouraging students to engage in scholarly inquiry and contribute to the academic discourse in economics. Faculty mentorship supports students in conducting independent research projects, ranging from empirical studies to theoretical analyses. The research focus aims to develop students' analytical and critical-thinking skills, preparing them for roles that require a deep understanding of economic research methodologies.

Industry Engagement: UWM's M.A. in Economics program actively engages with the industry through partnerships, internships, and collaborative projects. Students have opportunities to apply economic theories and quantitative methods to real-world problems, gaining practical experience and insights. The program's connections with government agencies, businesses, and research institutions provide students with exposure to diverse economic challenges and enhance their employability in the competitive job market.

Global Perspective: Recognizing the global nature of economic issues, the program incorporates a global perspective into its curriculum. Courses may explore international trade, economic development, and global economic challenges. Students are encouraged to consider the interconnectedness of economies and the impact of global forces on economic outcomes. The program prepares graduates to analyze economic issues within a global context, making them well-equipped for careers in the international arena.

Pollster Education

Location

Milwaukee, Wisconsin

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 26050

Postgraduate Entry Requirements

Application Fee: $75

Academic Requirements: Prospective postgraduate students are required to have a minimum academic achievement of 83% or above in their previous educational qualifications.

English Language Proficiency:

  • IELTS Requirement: An overall IELTS score of 6.5 is required.
  • TOEFL Requirement: A minimum overall score of 79 is often required.
  • PTE Requirement: A minimum overall score of 58 is often required.
  • DET Requirement: A DET score of 120 is required.

Standardized Test Requirements

  • GRE (Graduate Record Examination): A GRE score of 305 is required.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

The University of Wisconsin-Milwaukee (UWM) is fostering academic excellence and diversity by offering a range of scholarships for international students. These scholarships aim to make education more accessible and support students in achieving their academic and career goals. 

Global Excellence Scholarship: UWM's Global Excellence Scholarship is designed to recognize outstanding academic achievements of international students. Eligibility criteria may include academic performance, leadership qualities, and contributions to the community. This merit-based scholarship is intended to attract top-tier international talent to UWM.

international Student Tuition Remission: UWM provides an International Student Tuition Remission program to assist non-resident international students with tuition costs. This program helps alleviate the financial burden associated with out-of-state tuition rates, making UWM an affordable option for students seeking a high-quality education.

Panther Commitment: The Panther Commitment scholarship is part of UWM's dedication to providing financial support to students with demonstrated need. This program considers various factors, including financial need, academic achievement, and extracurricular involvement. The Panther Commitment aims to ensure that financial constraints do not hinder qualified students from pursuing their education.

Cultural Diversity Scholarship: UWM values diversity and offers the Cultural Diversity Scholarship to international students who contribute to the cultural richness of the university community. This scholarship recognizes the importance of a diverse and inclusive campus environment and supports students who enhance cultural understanding and collaboration.

Departmental Scholarships: Several academic departments at UWM offer scholarships specific to international students within their programs. These departmental scholarships may be based on academic achievements, research contributions, or specific criteria related to the field of study.

Graduates of the Master of Arts (M.A.) in Economics program at the University of Wisconsin Milwaukee possess a versatile skill set that opens doors to a wide array of career opportunities. With a strong foundation in economic theory, quantitative analysis, and policy evaluation, M.A. in Economics graduates are well-prepared for roles in various sectors. 

Economist: Many graduates pursue traditional roles as economists, working for government agencies, research institutions, or think tanks. They analyze economic trends, conduct research, and provide insights that inform policy decisions at local, national, or international levels.

Financial Analyst: Graduates can become financial analysts, working in the private sector to assess economic indicators, analyze investment opportunities, and provide recommendations to investors or financial institutions.

Data Analyst: With a strong quantitative background, graduates may choose careers as data analysts. They use statistical methods to interpret data, create models, and provide valuable insights for businesses, government agencies, or research organizations.

Policy Analyst: Policy analysts play a crucial role in evaluating and developing public policies. Graduates can work with government agencies, non-profits, or research organizations to assess the economic impact of policies and propose recommendations.

Market Research Analyst: Graduates can pursue careers as market research analysts, examining market conditions, consumer behavior, and industry trends. They provide businesses with valuable insights to make informed decisions about products, services, and market strategies.

Financial Planner: For those interested in personal finance, graduates may become financial planners. They help individuals and families make sound financial decisions, considering factors such as investments, savings, and retirement planning.

Consultant: As economic consultants, graduates can work with consulting firms to offer expertise on economic issues. They may assist clients in making strategic business decisions, entering new markets, or navigating economic challenges.

International Trade Specialist: With a global perspective gained from the program, graduates can pursue roles as international trade specialists. They work with businesses, government agencies, or international organizations to analyze trade policies, assess market opportunities, and navigate global economic trends.

Data Scientist: As data science continues to play a crucial role in various industries, graduates can become data scientists. They leverage their quantitative skills to analyze large datasets, extract insights, and contribute to data-driven decision-making.

College or University Educator: Graduates may choose academic careers, becoming college or university educators. They teach economics courses, conduct research, and contribute to the academic community through publications and scholarly activities.

Environmental Economist: For those interested in the intersection of economics and the environment, graduates can become environmental economists. They analyze the economic impact of environmental policies, assess sustainability initiatives, and contribute to environmental conservation efforts.

Health Economist: Graduates can specialize in health economics, working in healthcare organizations, research institutions, or government agencies. They analyze healthcare policies, assess economic factors in healthcare delivery, and contribute to improving health systems.

Urban and Regional Planner: Graduates interested in the development of cities and regions can become urban and regional planners. They assess economic factors, demographic trends, and community needs to contribute to effective urban planning.

Public Finance Analyst: Working with government agencies or financial institutions, graduates can become public finance analysts. They analyze government budgets, assess fiscal policies, and contribute to effective public financial management.

Risk Analyst: In the financial sector, graduates may become risk analysts. They assess financial risks, develop risk management strategies, and contribute to the stability of financial institutions.


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