M.S. in Management of Information and Technology
The M.S. in Management of Information and Technology at OU is designed for individuals ...
M.A. in Economics - Managerial Economics
Norman, Oklahoma
INTAKE: August
Program Overview
The M.A. in Economics with a Managerial Economics specialization at OU is structured to provide rigorous training in both economics and data analytics. This program is typically completed in 1-2 years, depending on factors such as full-time or part-time enrollment, prerequisite completion, and course scheduling. It is particularly suited for students aiming for careers that require a deep understanding of economic forces and the ability to leverage data for strategic decision-making in various industries. The program is offered for both the fall and spring semesters, providing flexibility for applicants.
STEM Designated: Yes, the M.A. in Economics with a Managerial Economics specialization at the University of Oklahoma is a STEM-designated program. This is a significant advantage for international students, as it allows for an additional 24-month extension to their Optional Practical Training (OPT) period, totaling up to 36 months of work authorization in the U.S. after graduation. This designation underscores the program's strong quantitative, analytical, and technical focus, aligning it with in-demand fields in science, technology, engineering, and mathematics.
Curriculum: The curriculum for the M.A. in Economics with a Managerial Economics specialization is designed to provide a solid foundation in economic theory and its practical applications, coupled with strong data analysis skills. Core courses typically include "Managerial Economics I" (which covers demand, consumer theory, producer theory, market structures, game theory, and auction theory), and "Managerial Economics II" (which delves into advanced topics in applied econometrics, machine learning methods, and Python programming for data analytics). The program emphasizes estimation of regression and multivariate models, model checking, and the fundamentals of Markov Chain simulation. Students gain proficiency in using software like R for data analysis.
Research Focus: While the M.A. in Managerial Economics is often an applied professional degree, its curriculum is deeply informed by the research expertise of the economics faculty at the University of Oklahoma. Faculty members conduct research across various fields of economics, including microeconomics, macroeconomics, international economics, development economics, and dynamic macro and macroeconometrics. Although a formal thesis may not be a universal requirement for the M.A. program, students are trained in rigorous empirical methods and data analysis techniques, enabling them to interpret economic data and conduct their own applied economic research to address real-world business and policy problems. The program emphasizes the use of economic theory to ask how to improve economies and quality of life.
Industry Engagement: The University of Oklahoma's Department of Economics and the Price College of Business, which houses some related programs, maintain strong connections with various industries. While specific partnerships for the Managerial Economics MA are not extensively detailed, the program's focus on practical applications of economic theory to business problems naturally aligns with industry needs. The curriculum emphasizes quantitative techniques for decision-making and solving business problems, relying on optimization rules, game theory, and empirical approaches. Graduates are prepared for roles in both the private and public sectors, indicating the program's relevance to employers in consulting firms, financial institutions, and government agencies that require economic analysis and data-driven insights. OU's broader network of alumni and corporate engagement initiatives also provide networking and career opportunities.
Global Perspective: The M.A. in Economics with a Managerial Economics specialization inherently integrates a global perspective, as economic principles and business challenges often transcend national borders. The curriculum covers topics like international economic policies, providing students with an understanding of global market dynamics, trade, and financial systems. The program equips graduates to analyze economic conditions and business strategies in an interconnected global economy. OU, as a diverse university, fosters an environment where students gain exposure to varied economic viewpoints and international business practices, preparing them to make informed managerial decisions in a globalized marketplace.
Location
Norman, Oklahoma
Score
IELTS 6.5
Tuition Fee
USD 22062
Postgraduate Entry Requirements
Application Fee: $100
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 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 60 or higher.
Standardized Test Requirements
- GRE (Graduate Record Examinations): Minimum score of 300 required.
The University of Oklahoma offers a variety of scholarships specifically designed to support international students in achieving their academic goals. These scholarships aim to recognize outstanding academic achievements, leadership qualities, and contributions to the campus community while helping to make education more affordable for students from around the world.
Merit-Based Scholarships: OU awards several merit-based scholarships to incoming international undergraduate students based on academic excellence, standardized test scores, and extracurricular accomplishments. These scholarships can significantly reduce tuition costs and are automatically considered during the admissions process or require a separate application.
International Ambassador Scholarship: This prestigious scholarship recognizes students who demonstrate strong leadership skills, a commitment to cultural exchange, and active participation in university life. Recipients often serve as ambassadors for OU’s international community, promoting diversity and inclusion.
Graduate Fellowships and Assistantships: For international graduate students, OU offers numerous fellowships, research assistantships, and teaching assistantships. These positions provide financial support in the form of tuition waivers and stipends while offering valuable professional experience in academic and research settings.
Country-Specific Scholarships: OU periodically partners with governments, foundations, and organizations to offer scholarships targeting students from specific countries or regions. These scholarships foster international collaboration and cultural exchange.
External Scholarships and Financial Aid Resources: In addition to university-funded awards, OU provides guidance and resources to help international students find external scholarships, grants, and financial aid opportunities available through private organizations, embassies, and international agencies.
A Master of Arts (M.A.) in Economics with a specialization in Managerial Economics from the University of Oklahoma (OU) provides graduates with a powerful combination of economic theory, quantitative analysis, and practical business application. This degree equips individuals to analyze market trends, evaluate economic policies, and make data-driven strategic decisions within various organizational settings. Graduates are highly sought after for their ability to apply sophisticated economic models to solve real-world business challenges.
Economic Analyst/Consultant: These professionals interpret economic indicators, assess market trends, and provide insights to businesses, government agencies, or consulting firms. They use economic models and data to forecast market behavior, evaluate policy impacts, and advise on strategic decisions like pricing or investment.
Data Analyst (Economics/Business): Leveraging their strong quantitative skills, these analysts use statistical software (like R or Python) to collect, process, clean, and analyze large datasets. They identify trends, build predictive models, and provide data-backed recommendations to support business intelligence and strategic planning.
Market Research Analyst: Specializing in understanding consumer behavior, market dynamics, and competitive landscapes. They conduct surveys, analyze sales data, and forecast demand to help companies develop products, set prices, and refine marketing strategies.
Financial Analyst: Applying economic principles to analyze financial data, evaluate investment opportunities, and assess financial risks for companies, investment banks, or financial institutions. They often build financial models and provide recommendations to clients or internal stakeholders.
Pricing Analyst: Focused on optimizing pricing strategies for products and services. They use economic concepts like elasticity, cost analysis, and competitive dynamics to determine optimal prices that maximize revenue and market share. This role is crucial in various industries, including retail, e-commerce, and telecommunications.
Quantitative Analyst (Quant): Developing and applying complex mathematical and statistical models for financial risk management, trading strategies, and portfolio optimization in financial institutions. This role is highly quantitative and often involves programming.
Policy Analyst (Government/Think Tanks): Working in government agencies (e.g., U.S. Department of Labor, Federal Reserve, state economic development offices) or non-profit think tanks, these professionals analyze the economic impact of various policies and programs, providing data-driven recommendations to policymakers.
Operations Research Analyst: Using advanced analytical methods and mathematical modeling to improve efficiency and decision-making within complex operations. This can involve optimizing supply chains, logistics, resource allocation, and scheduling in industries ranging from manufacturing to healthcare.
Business Intelligence (BI) Analyst: Designing and implementing BI solutions that transform raw data into actionable insights for business leaders. They create dashboards, reports, and data visualizations to help organizations track performance and make informed strategic decisions.
Risk Analyst: Identifying, assessing, and mitigating financial, operational, or market risks for businesses. They use economic forecasting and statistical analysis to evaluate potential threats and develop strategies to minimize their impact on an organization's profitability and stability.
