MBA Master of Business Administration
Lehigh University's MBA program offers a comprehensive business education that equi...
M.S. in Applied Economics
Bethlehem, Pennsylvania
INTAKE: Jan & Aug
Program Overview
Lehigh University's Master of Science (M.S.) in Applied Economics is designed to provide students with advanced analytical and quantitative skills necessary for tackling complex economic problems. The program integrates economic theory with practical applications, preparing graduates for careers in policy analysis, economic consulting, and financial services. Students gain expertise in data analysis, econometrics, and economic modeling, allowing them to address real-world economic challenges effectively.
STEM-Designated: The M.S. in Applied Economics at Lehigh University is designated as a STEM (Science, Technology, Engineering, and Mathematics) program. This designation highlights the program's emphasis on quantitative analysis and data-driven approaches. For international students, the STEM designation provides the benefit of an extended Optional Practical Training (OPT) period, enabling them to gain additional work experience in the U.S. after graduation.
AACSB Accredited: Lehigh University's program is housed within the College of Business, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB). AACSB accreditation signifies that the program meets high standards of excellence in business education. This accreditation ensures that students receive a quality education that is recognized and respected in the field of applied economics and beyond.
Curriculum: The curriculum for the M.S. in Applied Economics is designed to provide a thorough understanding of economic principles and advanced analytical techniques. Core courses include Econometrics, Microeconomic Theory, Macroeconomic Theory, and Applied Economic Analysis. Students also have the flexibility to choose electives that align with their interests, such as International Economics, Financial Economics, and Economic Policy Analysis. The program culminates in a capstone project or thesis that allows students to apply their skills to real-world economic issues.
Research Focus: The research focus of the M.S. in Applied Economics at Lehigh University centers on empirical analysis and economic modeling. Students engage in research that explores various economic phenomena, including market behavior, policy impacts, and economic forecasting. Faculty members are involved in cutting-edge research across diverse areas such as labor economics, development economics, and environmental economics. This research focus equips students with the ability to conduct high-quality economic analysis and contribute to advancements in the field.
Industry Engagement: Lehigh University's M.S. in Applied Economics program emphasizes strong industry engagement through partnerships with economic research organizations, policy institutes, and consulting firms. Students benefit from internships, networking events, and guest lectures by industry professionals. These opportunities provide practical experience and insights into current trends and challenges in applied economics, enhancing students' readiness for careers in the field.
Global Perspective: The program incorporates a global perspective by addressing international economic issues and policies. Coursework and research projects often focus on global economic trends, international trade, and cross-border economic challenges. Students are encouraged to explore how economic theories and methods apply in different global contexts, preparing them to work in diverse international environments.
Location
Bethlehem, Pennsylvania
Score
IELTS 7
Tuition Fee
USD 26800
Postgraduate Entry Requirements
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 80% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 7.0 with a minimum of 7.0 in each component.
- TOEFL: Overall score of 94 or higher.
- DET (Duolingo English Test): Overall score of 125.
Graduates of Lehigh University's Master of Science (M.S.) in Applied Economics are well-equipped to pursue a wide range of careers that leverage their expertise in economic analysis, data interpretation, and policy evaluation. The program's comprehensive curriculum and strong emphasis on quantitative methods prepare students for impactful roles in various sectors.
Economic Consultant: Economic consultants provide expert advice to businesses, government agencies, and organizations on economic and financial issues. They analyze data, develop economic models, and offer recommendations to help clients make informed decisions and address complex economic challenges.
Data Analyst: Data analysts in the field of economics use statistical techniques and software to analyze large datasets. They extract insights, identify trends, and support decision-making processes by providing actionable data-driven recommendations.
Policy Analyst: Policy analysts research and evaluate policies and programs, assessing their effectiveness and impact. They work with government agencies, think tanks, and advocacy groups to develop and recommend policies based on economic evidence and analysis.
Financial Analyst: Financial analysts evaluate investment opportunities and financial performance for companies or clients. They use economic and financial data to assess market trends, make investment recommendations, and support financial decision-making.
Economic Researcher: Economic researchers conduct studies on various economic issues, including market behavior, policy impacts, and economic trends. They work in research institutions, academic settings, or private sector research firms, contributing to the advancement of economic knowledge.
Market Analyst: Market analysts study market conditions to identify potential opportunities and threats for businesses. They analyze consumer behavior, market trends, and competitive dynamics to help companies develop effective marketing and business strategies.
Public Affairs Specialist: Public affairs specialists focus on managing communication between organizations and the public or government. They use their understanding of economic issues to help organizations navigate regulatory environments and advocate for policy changes.
Risk Analyst: Risk analysts assess financial and operational risks within organizations. They develop risk management strategies, conduct risk assessments, and help companies mitigate potential financial losses.
Economic Development Specialist: Economic development specialists work to promote economic growth and development in communities or regions. They design and implement programs that stimulate economic activity, attract investment, and support local businesses.
Academia/Teaching: Graduates interested in academia can pursue careers as professors or lecturers in economics. They contribute to the field through teaching, research, and publication, shaping the next generation of economists.
