M.A. in Art History
The University of Illinois at Chicago (UIC) offers a Master of Arts (M.A.) program in A...
M.A. in Applied Economics
Chicago, Illinois
INTAKE: January
Program Overview
The M.A. in Applied Economics program at UIC is designed to equip students with the knowledge and analytical tools necessary to understand and analyze economic phenomena in various sectors. The program emphasizes the application of economic theory to real-world problems and policy analysis. Students gain a deep understanding of economic principles, quantitative methods, and data analysis techniques. The program provides a solid foundation in both microeconomics and macroeconomics, as well as specialized coursework in applied econometrics, economic modeling, and policy analysis.
Curriculum:
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Core Economics Courses: The program's curriculum includes core courses that cover foundational concepts in microeconomics and macroeconomics. Students study topics such as consumer and producer theory, market structures, economic growth, business cycles, monetary policy, and fiscal policy. These courses provide a comprehensive understanding of economic theory and its applications.
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Applied Econometrics: The program offers specialized courses in econometrics, which focus on the application of statistical and mathematical techniques to economic data analysis. Students learn how to collect and analyze economic data, estimate econometric models, and interpret the results. The curriculum includes coursework in regression analysis, time series analysis, panel data analysis, and advanced econometric methods.
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Economic Policy Analysis: The program emphasizes the development of skills in economic policy analysis. Students learn how to assess the impact of economic policies on various stakeholders and analyze policy alternatives. They study topics such as cost-benefit analysis, public finance, environmental economics, labor economics, and international trade. The curriculum provides a solid understanding of the economic factors that shape policy decisions.
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Elective Courses: UIC offers a range of elective courses within the M.A. in Applied Economics program, allowing students to tailor their studies based on their interests and career goals. Elective options may include advanced topics in areas such as health economics, urban economics, financial economics, development economics, and applied data analysis. Students have the flexibility to choose courses that align with their specific areas of interest.
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Research Projects: The program provides opportunities for students to engage in independent research projects under the guidance of faculty members. Students have the chance to apply their knowledge and skills to conduct empirical research and contribute to the field of applied economics. These research experiences enhance analytical abilities and provide valuable insights into economic analysis.
Location
Chicago, Illinois
Score
IELTS 6.5
Tuition Fee
USD 16250
Application Fees : Waiver
Postgraduate Programs:
- Academic Qualifications: International students applying for postgraduate programs, such as master's or doctoral degrees, must hold a bachelor's degree or its equivalent from an accredited institution. The minimum academic requirement is a score of 60% or above in the qualifying examination.
- English Language Proficiency: The required scores are as follows:
- IELTS: A minimum overall band score of 6.5 is required, with no individual score below 6.0.
- TOEFL: A minimum score of 80 is required on the internet-based test (iBT).
- Graduate Entrance Exams: As a general guideline, a GRE score of 305 is required.
Scholarships for International Students at the University of Illinois at Chicago (UIC):
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UIC Global Scholarship: The UIC Global Scholarship is available for international undergraduate and graduate students who demonstrate exceptional academic achievement and contribute to the diversity of the university. The scholarship provides partial tuition waivers to recipients.
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Chancellor's Award Program: The Chancellor's Award Program is a merit-based scholarship offered to incoming undergraduate students at UIC. International students with outstanding academic records and achievements are eligible to apply for this competitive scholarship.
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UIC Distinguished International Merit Scholarships: The UIC Distinguished International Merit Scholarships are awarded to exceptional international undergraduate students who have demonstrated academic excellence and leadership potential. These scholarships cover a portion of the tuition fees.
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UIC International Tuition Waiver: International graduate students at UIC may be eligible for the International Tuition Waiver, which provides a reduction in tuition fees. The waiver is awarded based on academic merit and availability of funds.
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College-Specific Scholarships: UIC's colleges and departments offer a variety of scholarships for international students within specific academic disciplines. These scholarships are often based on academic achievement, leadership qualities, and specific program requirements. Students should check with their respective college or department for available scholarship opportunities.
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External Scholarships: UIC encourages international students to explore external scholarship opportunities from governmental and non-governmental organizations, both in their home countries and in the United States. These scholarships may be specific to fields of study, nationalities, or other criteria. The Office of Special Scholarship Programs at UIC can provide guidance and resources for finding external scholarships.
It is important to note that scholarship availability, criteria, and application processes may vary each year.
Graduates of the M.A. in Applied Economics program at UIC have a wide range of career opportunities in various sectors, including government agencies, research organizations, financial institutions, consulting firms, and nonprofit organizations.
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Economic Analyst: Conduct economic research, analyze data, and provide insights to support policy decisions and business strategies.
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Data Analyst: Apply economic principles and statistical techniques to analyze large datasets, identify trends, and support data-driven decision-making.
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Policy Analyst: Evaluate the impact of economic policies, assess their effectiveness, and make recommendations for policy improvements.
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Market Research Analyst: Analyze market trends, consumer behavior, and competitive landscapes to inform marketing strategies and business decisions.
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Financial Analyst: Analyze economic indicators, assess investment opportunities, and provide financial forecasts and recommendations.
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Economic Consultant: Work as a consultant, providing economic analysis and advice to organizations on various economic issues and business challenges.
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Researcher: Pursue a career in academia or research institutions, conducting independent economic research and contributing to the advancement of economic knowledge.
