M.A. in Applied Economics - Electricity, Natural Gas & Telecommunications Economics

Normal, Illinois

 

INTAKE: Jan & Aug

Program Overview

The M.A. in Applied Economics with a specialization in Electricity, Natural Gas & Telecommunications Economics at Illinois State University is a specialized graduate program that focuses on the application of economic principles to the energy and telecommunications industries. This program is designed to equip students with the analytical and quantitative skills needed to address the complex economic challenges and policy issues faced by these industries.  

Curriculum :

  1. Core Economics Courses: The program includes core courses in microeconomic and macroeconomic theory, providing students with a solid foundation in economic principles and their application to various industries.

  2. Energy Economics: Students will delve into the study of electricity and natural gas markets, learning about supply and demand dynamics, pricing mechanisms, regulatory policies, and the impact of technological advancements.

  3. Telecommunications Economics: The curriculum covers topics related to the telecommunications industry, including market structure, pricing strategies, regulatory issues, and the economic implications of emerging technologies.

  4. Quantitative Analysis: The program emphasizes the use of quantitative methods and econometric techniques to analyze economic data specific to the energy and telecommunications sectors. Students will gain expertise in analyzing complex data sets and conducting economic modeling.

  5. Policy Analysis: Students will explore the economic implications of energy and telecommunications policies, including environmental regulations, market deregulation, and infrastructure investments.

  6. Research Projects: As part of their studies, students will have opportunities to engage in research projects, allowing them to apply their economic knowledge to real-world scenarios and gain practical experience.

  7. Elective Courses: The program offers a variety of elective courses, enabling students to tailor their studies to their specific interests and career goals. Elective topics may include environmental economics, energy sustainability, telecommunications policy, and more.

  8. STEM-designated Program: The program is designated as a STEM (Science, Technology, Engineering, and Mathematics) program. This designation reflects the emphasis on analytical and quantitative skills, making graduates eligible for extended Optional Practical Training (OPT) opportunities in the United States after completing their degree.

Pollster Education

Location

Normal, Illinois

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

USD 23900

Entry Requirements for International Students (Postgraduate)

Application Fees : Waiver

  1. Academic Qualifications: A minimum GPA of 3.0 on a 4.0 scale or an equivalent percentage (typically 60% and above) is often required.

  2. 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. 

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.A. in Applied Economics - Electricity, Natural Gas & Telecommunications Economics program are well-prepared for diverse career paths in the energy and telecommunications sectors, as well as in government agencies, consulting firms, and research institutions.  

  1. Energy Economist: Graduates can work as energy economists, conducting research and analysis on energy markets, pricing, and policy issues for energy companies, regulatory bodies, and research organizations.

  2. Telecommunications Analyst: Graduates may pursue roles as telecommunications analysts, analyzing market trends, consumer behavior, and industry regulations for telecommunications companies and consulting firms.

  3. Policy Advisor: Graduates can work as policy advisors, providing economic expertise to government agencies and organizations involved in energy and telecommunications policy-making.

  4. Market Research Specialist: Graduates may choose to work as market research specialists, conducting economic research to help businesses and organizations make strategic decisions in the energy and telecommunications sectors.

  5. Consultant: Graduates can work as economic consultants, offering specialized economic analysis and advice to clients in the energy and telecommunications industries.

The M.A. in Applied Economics - Electricity, Natural Gas & Telecommunications Economics program at Illinois State University provides students with specialized knowledge and analytical skills to understand and address economic challenges in the energy and telecommunications sectors. Graduates are well-prepared for rewarding careers in various industries and research fields. The program's STEM designation further enhances its appeal and offers international students valuable opportunities for career growth in the United States.


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