MS in Commerce and Economic Development

Boston

 

INTAKE: Jan, Mar, June & Sept

Program Overview

The MS in Commerce and Economic Development at Northeastern University in Boston is designed to provide students with a comprehensive understanding of global commerce, economic growth, and development strategies. This program emphasizes practical, data-driven approaches to address economic challenges, preparing graduates to create positive economic impacts in public, private, and nonprofit sectors.

STEM-designated: As a STEM-designated program, the MS in Commerce and Economic Development combines rigorous quantitative training with economic theory, allowing international students to benefit from Optional Practical Training (OPT) extension opportunities and making graduates highly competitive in technology and data-driven economic roles.

Curriculum: The curriculum offers a solid foundation in applied economics, data analytics, and economic policy, covering key areas like international trade, economic development, policy analysis, and statistical methods. Students can customize their learning experience with electives in fields such as financial markets, public policy, and sustainable development, allowing them to focus on areas aligned with their career goals.

Research Focus: Research is a cornerstone of the program, with opportunities for students to engage in projects that explore topics such as economic resilience, digital commerce, global market trends, and socioeconomic policies. Northeastern’s research centers and interdisciplinary faculty support students in pursuing innovative research that addresses real-world economic issues.

Industry Engagement: Northeastern University has a strong emphasis on experiential learning, providing students with opportunities to gain industry experience through internships, co-ops, and collaborations with industry leaders. This direct engagement enables students to apply classroom knowledge to real-world challenges, building valuable networks and practical skills in economic analysis and commerce.

Global Perspective: The program is structured with a global outlook, recognizing the interconnectedness of today’s economies. Students have access to international research collaborations, study-abroad opportunities, and exposure to economic challenges across different countries, broadening their understanding of global commerce and economic development.

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Location

Boston

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 52245

Postgraduate Entry Requirements

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% 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.
  • PTE: Overall score of 53 or higher.
  • DET (Duolingo English Test): Minimum score of 105.

Northeastern University in Boston offers a range of scholarship opportunities for international students to help alleviate the financial burden of studying in the United States. These scholarships are designed to support academically talented students from around the world, promoting diversity and fostering an inclusive campus environment.

Merit-Based Scholarships: Northeastern University provides merit-based scholarships to international students based on academic excellence and achievements. These scholarships are awarded during the admissions process and are highly competitive. The amount and criteria for these scholarships may vary, but they aim to recognize students who demonstrate exceptional academic performance, leadership potential, and a strong their chosen field of study.

Northeastern International Scholars Program: This prestigious program offers scholarships to outstanding international students who exhibit leadership, academic excellence, and a desire to contribute to the global community. The Northeastern International Scholars Program provides both financial support and opportunities for personal growth through networking events, leadership training, and involvement in community service initiatives.

Need-Based Financial Aid: Although Northeastern University does not offer need-based financial aid to international students, there are still many merit-based scholarships available that can significantly reduce tuition costs. However, international students are encouraged to seek external scholarships or funding from their home country to help cover the remaining costs.

External Scholarships and Funding: In addition to institutional scholarships, international students at Northeastern University can explore a variety of external scholarship opportunities from governments, foundations, and organizations in their home countries. Many international students receive funding from these sources to support their education at Northeastern.

Graduates of the MS in Commerce and Economic Development program at Northeastern University are prepared for a variety of impactful roles within economic development, data analysis, policy advising, and commerce. 

Economic Development Analyst: Conducting research, analyzing data, and advising government and nonprofit organizations on policies and initiatives to drive local, national, and global economic growth.

Policy Analyst: Working with government agencies, think tanks, or consulting firms to evaluate and shape public policy in areas like trade, labor markets, and international economic relations.

Business and Data Analyst: Using quantitative and analytical skills to interpret data, forecast economic trends, and support strategic decision-making within companies, consulting firms, or research organizations.

Market Research Analyst: Examining market trends, economic conditions, and consumer data to provide insights for companies developing products, expanding markets, or evaluating economic opportunities.

Global Trade Specialist: Assisting businesses and trade organizations in navigating international trade policies, understanding global market dynamics, and optimizing trade strategies.

Financial Economist: Analyzing economic factors that influence financial markets, working with investment firms, banks, or financial institutions to advise on economic conditions affecting asset management and investment decisions.

Public Sector Economist: Working in government or international organizations to analyze economic data, develop economic models, and advise on issues related to commerce, taxation, and economic policies.


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