M.S. in Applied Economics

Milwaukee, Wisconsin

 

INTAKE: Jan & Aug

Program Overview

Marquette University in the USA offers an M.S. in Applied Economics program, which is STEM-designated. This graduate program is designed to equip students with advanced economic skills and analytical tools to analyze and solve real-world economic problems. Marquette University's M.S. in Applied Economics program provides students with a strong foundation in economic theory, quantitative analysis, and applied research skills.The program's emphasis on practical application, industry connections, and rigorous quantitative training prepares graduates to make meaningful contributions to the field of economics and solve complex economic challenges in various sectors.

Curriculum:

  1. Specialization Areas: The program offers various specialization areas, allowing students to tailor their studies to their specific interests and career goals. Specializations may include areas such as financial economics, health economics, environmental economics, public policy analysis, or data analytics.

  2. Core Curriculum: The program's core curriculum provides a solid foundation in economic theory, econometrics, and applied econometric analysis. Students develop advanced quantitative and analytical skills to analyze economic data, conduct empirical research, and make informed policy recommendations.

  3. STEM-Designated Program: The M.S. in Applied Economics program at Marquette University is STEM-designated, emphasizing the integration of science, technology, engineering, and mathematics in the field of economics. This designation acknowledges the program's focus on quantitative analysis and data-driven decision-making.

  4. Applied Learning: The M.S. program emphasizes practical application of economic concepts and techniques. Students engage in hands-on projects, case studies, and data analysis to solve real-world economic problems. They learn to apply economic theories and models to make informed decisions in various sectors, including finance, healthcare, government, and nonprofit organizations.

  5. Quantitative Skills Development: The program focuses on developing students' quantitative and analytical skills through rigorous coursework in econometrics, statistical analysis, and data modeling. Students learn to use software tools and programming languages commonly used in economics and data analysis, such as R, Python, and Stata.

  6. Research Opportunities: The program provides research opportunities for students to engage in independent research projects or collaborate with faculty members on ongoing research initiatives. Students have the chance to contribute to the advancement of economic knowledge and gain practical research experience.

  7. Industry Connections: Marquette University has strong connections with local and national industries, government agencies, and research organizations. The program leverages these connections to provide networking opportunities, guest lectures, and industry collaborations, allowing students to gain practical insights and build professional relationships.

Pollster Education

Location

Milwaukee, Wisconsin

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

USD 18675

Entry Requirements for Postgraduate Courses:

  1. Academic Qualifications: International students applying for postgraduate programs at Marquette University are typically expected to have a minimum academic percentage of 65 or above in their undergraduate studies. This ensures a strong foundation for advanced studies in their chosen field.

  2. English Language Proficiency: The minimum required score for IELTS is 6.5, and for TOEFL, a score of 88 or above is typically required. These tests evaluate a student's ability to comprehend and communicate effectively in English.

  3. Standardized Tests: Depending on the program of interest, international students may be required to submit scores from standardized tests such as the GRE (Graduate Record Examination) or GMAT (Graduate Management Admission Test). For the GRE, a score of 303 is typically expected, while a GMAT score of 500 is often required. These tests assess a student's aptitude and readiness for advanced academic work in specific fields.

Marquette University offers several scholarships and financial aid options to support international students in pursuing their education. These scholarships are designed to recognize academic achievement, leadership potential, and diverse backgrounds. 

  1. International Merit Scholarships: Marquette University offers merit-based scholarships to outstanding international students. These scholarships are awarded based on academic excellence and range from partial to full tuition coverage. Eligible students are automatically considered for these scholarships upon admission.

  2. Ignatius Scholarship Program: The Ignatius Scholarship Program is a highly competitive scholarship opportunity for incoming freshmen. It recognizes students who have demonstrated exceptional leadership skills, service to others, and academic achievement. The scholarship provides financial assistance and access to a range of enrichment programs.

  3. Talent-based Scholarships: Marquette University offers talent-based scholarships for students with exceptional skills in areas such as music, theater, and visual arts. These scholarships are awarded through auditions, portfolio reviews, or other talent-based evaluations.

  4. Departmental Scholarships: Various academic departments at Marquette University offer scholarships to students within their respective fields of study. These scholarships recognize academic excellence and provide financial assistance to support students' educational pursuits.

  5. International Student Work Opportunities: Marquette University provides international students with opportunities for on-campus employment. These part-time jobs allow students to gain valuable work experience, earn income to cover expenses, and contribute to their personal and professional development.

  6. External Scholarships and Sponsorships: Marquette University encourages international students to explore external scholarship opportunities and sponsorships. There are several organizations, foundations, and government programs that offer scholarships specifically for international students studying in the USA. The university's International Student Services office can provide guidance and resources to assist students in identifying and applying for such scholarships.

It's important to note that scholarship availability, criteria, and application deadlines may vary each year.

The STEM-designated program equips graduates with the necessary skills to excel in a wide range of careers in economics, finance, policy analysis, and research.

  1. Economic Analyst: Graduates of the M.S. program can pursue careers as economic analysts in various sectors, including finance, consulting firms, government agencies, and research organizations. They analyze economic data, conduct market research, and provide insights for business decision-making or policy formulation.

  2. Data Analyst: With their strong quantitative skills and knowledge of data analysis techniques, graduates can work as data analysts in industries such as finance, marketing, healthcare, or government. They collect, interpret, and analyze data to identify patterns, trends, and insights for informed decision-making.

  3. Policy Analyst: Graduates interested in public policy can work as policy analysts, evaluating the impact of policies on economic outcomes, conducting cost-benefit analysis, and providing recommendations for policy formulation and implementation.

  4. Financial Economist: Graduates specializing in financial economics can pursue careers in the finance industry, working as financial economists, risk analysts, or investment analysts. They analyze market trends, assess investment opportunities, and provide insights for portfolio management or risk assessment.

  5. Researcher: Graduates interested in research can pursue careers as research economists in academic institutions, think tanks, or research organizations. They conduct independent research, publish academic papers, and contribute to the advancement of economic knowledge.

  6. Government Economist: Graduates can work as economists in government agencies, providing economic analysis, forecasting, and policy recommendations. They may contribute to economic development initiatives, public finance management, or regulatory impact assessment.

  7. Nonprofit and International Organizations: Graduates can work in nonprofit organizations or international organizations focused on economic development, poverty alleviation, or sustainable development. They may contribute to program evaluation, impact assessment, or economic policy advocacy.

  8. Doctoral Studies: The M.S. program also prepares students for further studies at the doctoral level. Graduates can pursue Ph.D. programs in economics or related fields and pursue academic careers or advanced research positions.


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