M.S. Economics

Akron, Ohio

 

INTAKE: Jan & Aug

Program Overview

The Master of Science (M.S.) in Economics program at The University of Akron offers advanced training in economic theory, quantitative analysis, and applied research methods. It prepares students for careers in economic analysis, policy evaluation, financial analysis, and research in both public and private sectors. The program emphasizes critical thinking, problem-solving skills, and the application of economic principles to real-world issues.

STEM-designated: The M.S. Economics program at The University of Akron is STEM-designated, reflecting its focus on Science, Technology, Engineering, and Mathematics disciplines within the field of economics. This designation enhances opportunities for international students to pursue Optional Practical Training (OPT) in the United States, allowing them to gain practical work experience related to their academic studies.

Curriculum: The curriculum of the M.S. Economics program includes core courses in microeconomics, macroeconomics, econometrics, economic analysis, and quantitative methods. Students also have the flexibility to specialize in areas such as applied economics, financial economics, or economic development through elective courses. The program integrates theoretical frameworks with empirical research to equip students with analytical skills and data-driven decision-making abilities.

Research Focus: The M.S. Economics program encourages research through thesis projects, independent studies, and participation in faculty-led research initiatives. Students have opportunities to conduct economic analysis, develop economic models, and analyze policy implications using statistical software and econometric techniques. Research topics may include labor economics, environmental economics, health economics, and economic forecasting.

Industry Engagement: The University of Akron promotes industry engagement through partnerships with government agencies, financial institutions, research organizations, and local businesses. Students in the M.S. Economics program can participate in internships, research projects, or consulting assignments that provide practical experience and networking opportunities within the economics profession. This industry engagement enhances students' understanding of real-world economic issues and prepares them for diverse career paths.

Global Perspective: With a global perspective, the M.S. Economics program explores international trade, global economic policies, and economic development strategies. Courses examine cross-border economic issues, global financial markets, and economic integration among nations. Faculty and students engage in discussions on global economic challenges, comparative economic systems, and the impact of globalization on economic growth and stability.

Pollster Education

Location

Akron, Ohio

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 16020

Postgraduate Entry Requirements

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 75% or above in their bachelor's degree.

English Language Proficiency:

  • IELTS: Overall band score of  6.5 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 79 or higher.
  • DET (Duolingo English Test): Minimum score of 115.

The University of Akron (UA) offers a variety of scholarships to support international students financially. These scholarships are designed to help alleviate the cost of tuition and support academic excellence. 

Merit Scholarships: Merit scholarships at UA are automatically considered for all incoming first-year students. These awards are based on a comprehensive review of the applicant’s academic transcripts, curriculum, and cumulative GPA. 

Williams Honors College Scholarships|: First-year, transfer, and continuing students who meet specific academic qualifications can apply for the Williams Honors College Scholarships. These scholarships range from $1,500 to $2,000 and require an application to the Williams Honors College, including an interview. 

Provost’s Scholarships for Transfer Students: These scholarships, ranging from $1,000 to $5,000, are available to students transferring from another regionally accredited college or university. Transfer students are automatically considered for these awards upon applying for admission​.

International Student Scholarship Opportunities: International students can also benefit from various specific scholarships offered by different departments and programs within the university. For instance, the Buchtel College of Arts and Sciences offers numerous scholarships for students pursuing majors within their disciplines. These range from awards for academic merit to those supporting specific fields of study​​.

Graduate Assistantships: For graduate international students, UA offers numerous assistantships that provide stipends and tuition remission. These positions allow students to gain valuable work experience while funding their education. 

Graduates of The University of Akron's M.S. in Economics program are well-prepared for a variety of career paths in economics, finance, business, government, and academia. The program equips students with advanced analytical skills and economic theory, preparing them to tackle complex economic challenges and contribute to policy development and business strategy.

Economist: Economists analyze economic data, trends, and policies to provide insights into economic issues such as inflation, unemployment, and economic growth. They work for government agencies, research institutions, financial firms, and multinational corporations, conducting research and forecasting economic outcomes.

Financial Analyst: Financial analysts assess financial data, investment opportunities, and market trends to provide recommendations for investment decisions. They work for banks, investment firms, corporations, and government agencies, analyzing financial statements, conducting risk assessments, and evaluating economic factors.

Policy Analyst: Policy analysts apply economic principles to evaluate public policies and regulations. They work for government agencies, think tanks, advocacy organizations, and consulting firms, analyzing policy proposals, conducting cost-benefit analyses, and making recommendations to policymakers.

Data Analyst: Data analysts collect, interpret, and analyze large datasets to identify trends and patterns that inform business decisions and economic forecasts. They work across industries, using statistical software and programming languages to extract insights and develop data-driven strategies.

Business Consultant: Business consultants provide expertise to businesses on economic trends, market analysis, and strategic planning. They help businesses improve efficiency, expand market reach, and navigate economic challenges, offering recommendations based on economic analysis and industry research.

Research Analyst: Research analysts conduct economic research and studies to support business strategies, investment decisions, and policy development. They work in research firms, financial institutions, government agencies, and academic institutions, conducting quantitative analysis and presenting findings.

Financial Manager: Financial managers oversee the financial health of organizations, including budgeting, financial reporting, and risk management. They analyze economic trends, monitor financial performance, and develop strategies to optimize financial operations and achieve organizational goals.

International Economist: International economists study global economic trends, trade policies, and international finance. They work for multinational corporations, government agencies, international organizations, and consulting firms, analyzing global markets and providing economic forecasts and strategies.

Academic Researcher/Professor: Academic researchers and professors teach economics courses at colleges and universities, conduct research, and publish scholarly articles in economic journals. They mentor students, contribute to economic theory and policy debates, and participate in academic conferences.

Government Economist: Government economists work for federal, state, or local government agencies, providing economic analysis and policy recommendations. They analyze economic data, prepare reports, and assess the impact of government policies on the economy and society.

Environmental Economist: Environmental economists study the economic impacts of environmental policies, natural resource management, and sustainability initiatives. They work for environmental organizations, government agencies, and consulting firms, assessing the costs and benefits of environmental regulations and conservation efforts.


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