Masters of Public Administration
The Master of Public Administration (MPA) program at Auburn University is designed to p...
M.S. in Applied Economics
Montgomery, Alabama
INTAKE: Jan, May & Aug
Program Overview
The Master of Science (M.S.) in Applied Economics program at Auburn University focuses on the application of economic principles to real-world issues. The program emphasizes both theoretical concepts and practical skills, preparing students for careers in economic analysis, policy development, consulting, and research. Students gain a solid understanding of microeconomic and macroeconomic theory, econometric methods, and quantitative analysis. They also have the opportunity to specialize in specific areas of applied economics, such as environmental economics, agricultural economics, or healthcare economics. The M.S. in Applied Economics program at Auburn University is STEM-designated.
Curriculum:
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STEM Designation: AUM's M.S. program in Applied Economics holds STEM designation, highlighting its focus on rigorous scientific and technical education in the field of economics. This designation provides additional benefits to students, such as eligibility for STEM-related scholarships, extended Optional Practical Training (OPT) for international students, and opportunities for STEM-related research funding and grants.
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Microeconomic Theory: The curriculum includes courses that explore microeconomic theory, covering topics such as consumer behavior, producer theory, market structures, and welfare economics. Students gain a deep understanding of how individuals, firms, and markets operate, and learn to analyze economic behavior and decision-making.
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Macroeconomic Theory: The program offers courses that delve into macroeconomic theory, focusing on topics such as economic growth, business cycles, monetary policy, and fiscal policy. Students learn to analyze the factors influencing aggregate economic variables and understand the implications for policy-making and economic stability.
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Econometric Methods: The curriculum includes courses in econometric methods, equipping students with the skills to analyze economic data and estimate econometric models. Students learn various statistical techniques, including regression analysis, time series analysis, and panel data methods. They also gain proficiency in using statistical software for data analysis.
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Applied Economic Analysis: The program emphasizes courses that apply economic theory and empirical methods to real-world problems. Students learn to analyze economic issues and policy questions using economic models and data analysis techniques. They develop skills in policy evaluation, cost-benefit analysis, economic forecasting, and impact assessment.
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Electives and Specializations: The program allows students to choose elective courses based on their specific interests and career goals. Students can specialize in areas such as environmental economics, agricultural economics, healthcare economics, or international economics. Elective courses may cover topics such as natural resource economics, labor economics, economic development, or advanced econometrics.
Location
Montgomery, Alabama
Score
IELTS 6.5
Tuition Fee
USD 19143
Application Fees : Waiver
Postgraduate Programs:
- Academic Qualifications: International students applying for postgraduate programs at Auburn University should hold a bachelor's degree or its equivalent from a recognized institution. The minimum academic requirement is a score of 60% or above in the qualifying examination.
- English Language Proficiency:
- IELTS: A minimum overall band score of 6.5 is required.
- TOEFL: A minimum score of 79 on the internet-based test (iBT) is required.
- PTE: A minimum score of 55 is required.
- DET : A miniumum DET Score of 100 is required.
- Standardized Test Requirements:
- GRE scores of 290
- GMAT Score of 550
These scholarships recognize academic achievements, leadership potential, and diverse backgrounds.
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International Merit Scholarships: Auburn University offers merit-based scholarships to outstanding international students. These scholarships are awarded based on academic excellence, leadership skills, extracurricular involvement, and other criteria. The scholarships are renewable for up to four years of undergraduate study and provide partial tuition coverage.
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Global Scholars Program: The Global Scholars Program is a prestigious scholarship program at Auburn University. It is designed for academically talented international students who demonstrate exceptional leadership abilities, community involvement, and a commitment to global issues. Selected students receive a comprehensive scholarship package that includes full tuition, housing, and a stipend.
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Cultural Diversity Scholarships: Auburn University recognizes and values the diversity of its student population. The Cultural Diversity Scholarships aim to support underrepresented international students who contribute to the university's cultural and global perspectives. These scholarships provide financial assistance for tuition and living expenses.
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Departmental Scholarships: Various academic departments and colleges within Auburn University offer scholarships specifically for international students. These scholarships may be discipline-specific and require students to major in a particular field of study. Students are encouraged to explore departmental websites and contact their respective academic units for information on available scholarships.
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Graduate Assistantships: International graduate students may have the opportunity to work as graduate teaching or research assistants within their academic departments. These assistantships provide a stipend, tuition remission, and valuable professional experience. Graduate students can inquire about assistantship opportunities when applying to their respective graduate programs.
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External Scholarships: Auburn University also encourages international students to explore external scholarship opportunities provided by governments, organizations, and foundations. The university's Office of International Programs provides guidance and resources to help students search and apply for external scholarships.
It is important for international students to carefully review scholarship eligibility criteria, application deadlines, and any additional requirements specified by Auburn University. The university encourages early application submission to be considered for the available scholarships.
Graduates of the M.S. in Applied Economics program at Auburn University have a wide range of career opportunities in both the public and private sectors.
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Economic Analyst: Graduates can work as economic analysts in government agencies, research institutes, or consulting firms. They analyze economic data, conduct research studies, and provide insights and recommendations on various economic issues.
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Policy Analyst: Graduates can pursue careers as policy analysts in government departments or think tanks. They evaluate the impact of policies and regulations, assess economic implications, and provide recommendations for policy development and implementation.
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Data Analyst: Graduates can work as data analysts in industries such as finance, market research, or consulting. They analyze economic and financial data, develop forecasting models, and provide insights for business decision-making.
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Research Economist: Graduates can work as research economists in academic institutions, research centers, or non-profit organizations. They conduct economic research, publish papers, and contribute to the advancement of economic knowledge.
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Economic Consultant: Graduates can work as economic consultants, providing expertise and analysis to clients in areas such as antitrust, litigation support, or economic development. They may assist in economic impact studies, market analysis, or business strategy development.
