M.A. in Nutrition
The Master of Arts (M.A.) in Nutrition program at Illinois State University is a compre...
M.S. in Applied Economics - Electricity, Natural Gas & Telecommunications Economics
Normal, Illinois
INTAKE: Jan & Aug
Program Overview
The Master of Science (M.S.) in Applied Economics with a specialization in Electricity, Natural Gas & Telecommunications Economics at Illinois State University is a specialized program designed to equip students with advanced knowledge and skills in economic analysis, policy evaluation, and regulatory issues specifically related to the energy and telecommunications sectors. This STEM-designated program offers a unique blend of economic theory, quantitative methods, and industry-specific expertise, enabling students to make informed decisions and contribute to the dynamic and evolving energy and telecommunications industries.
Curriculum:
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Microeconomic Analysis: Students delve into microeconomic theory, understanding the behavior of consumers, firms, and markets in the electricity, natural gas, and telecommunications industries.
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Macroeconomic Perspectives: The program also provides a macroeconomic perspective, examining the impact of economic trends and policies on the energy and telecommunications sectors.
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Energy Economics: Students study the economics of energy production, distribution, and consumption, analyzing market structures and pricing mechanisms in the electricity and natural gas industries.
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Telecommunications Economics: The curriculum explores the economics of telecommunications, covering topics such as market competition, regulatory policies, and technological advancements.
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Policy Analysis: Students learn to conduct policy analysis in the context of energy and telecommunications, evaluating the economic implications of various regulatory measures.
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Quantitative Methods: The program emphasizes quantitative methods, equipping students with data analysis and econometric skills essential for economic research.
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Industry Dynamics: Students gain insights into the unique challenges and dynamics of the energy and telecommunications sectors, including the impact of technological disruptions and market trends.
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Energy and Telecommunications Regulation: The program examines the role of government regulations in the energy and telecommunications industries, considering their effects on market outcomes.
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STEM-designated Program: The M.S. in Applied Economics - Electricity, Natural Gas & Telecommunications Economics program at Illinois State University is designated as STEM (Science, Technology, Engineering, and Mathematics).
Location
Normal, Illinois
Score
IELTS: 6.5
Tuition Fee
USD 23900
Entry Requirements for International Students (Postgraduate)
Application Fees : Waiver
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Academic Qualifications: A minimum GPA of 3.0 on a 4.0 scale or an equivalent percentage (typically 60% and above) is often required.
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English Language Proficiency: The minimum required scores for each test are as follows:
- IELTS: Overall score of 6.5 with no band less than 6
- TOEFL: Minimum score of 79 (iBT)
- PTE: Minimum score of 60
- DET (Duolingo English Test): Minimum score of 105
ISU offers several scholarships and financial aid options for international students to help them pursue their academic goals. These scholarships are based on academic achievements, leadership skills, and other criteria.
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International Tuition Waiver: International students who demonstrate exceptional academic performance and show promise for contributing to the ISU community may be eligible for tuition waivers. These waivers can significantly reduce the cost of tuition.
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Redbird Academic Scholarship: This scholarship is awarded to incoming undergraduate international students who have outstanding academic records. The scholarship amount varies depending on the student's academic achievements.
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Redbird International Ambassador Scholarship: This scholarship recognizes outstanding leadership skills and contributions to the international community. Recipients of this scholarship serve as ambassadors for international students at ISU.
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College-Specific Scholarships: Various colleges within ISU offer scholarships for international students pursuing specific academic programs. These scholarships are often based on academic performance and potential for success in the chosen field of study.
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Study Abroad Scholarships: ISU encourages international students to engage in study abroad programs to gain global experiences. The university offers scholarships to support international students' participation in these programs.
International students interested in applying for scholarships at ISU should review the specific eligibility criteria and application deadlines for each scholarship.
Graduates of the M.S. in Applied Economics with a specialization in Electricity, Natural Gas & Telecommunications Economics are well-prepared to pursue diverse career opportunities in both public and private sectors, focusing on energy policy, telecommunications analysis, regulatory affairs, and economic consulting.
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Energy Economist: Graduates may work as energy economists, conducting economic research and analysis to support decision-making in the energy sector.
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Telecommunications Analyst: Graduates can pursue careers as telecommunications analysts, evaluating market trends and performance indicators for telecom companies.
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Energy Policy Consultant: Graduates with a focus on energy policy can become consultants, advising government agencies and organizations on energy-related matters.
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Regulatory Affairs Specialist: Graduates may explore roles in regulatory affairs, working with utilities and telecommunications companies to navigate compliance and regulatory issues.
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Economic Consultant: Graduates can work as economic consultants, providing expertise to businesses and organizations in the energy and telecommunications industries.
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Research Economist: Graduates with strong research skills can become research economists, conducting studies and publishing reports on energy and telecommunications economics.
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Government Analyst: Graduates may work in government agencies as analysts, supporting policy development and regulatory decision-making.
The M.S. in Applied Economics with a specialization in Electricity, Natural Gas & Telecommunications Economics at Illinois State University offers a comprehensive and industry-focused curriculum. Graduates emerge with a solid understanding of economic principles, coupled with specialized knowledge of the energy and telecommunications sectors. Equipped with quantitative skills and analytical acumen, they are well-prepared to excel in various roles within these dynamic industries, making valuable contributions to policy-making, regulatory affairs, and economic analysis. The STEM-designation of the program further enhances the attractiveness of graduates in the job market, positioning them for successful and rewarding careers in the energy and telecommunications sectors.
