M.A. in Nutrition
The Master of Arts (M.A.) in Nutrition program at Illinois State University is a compre...
M.A. in Applied Economics
Normal, Illinois
INTAKE: Jan & Aug
Program Overview
The Master of Arts (M.A.) in Applied Economics program at Illinois State University is designed to equip students with advanced analytical and quantitative skills to analyze real-world economic issues and provide data-driven solutions. The program blends theory and practice, preparing graduates for successful careers in various sectors.
Curriculum:
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Quantitative Focus: The M.A. in Applied Economics program emphasizes a quantitative approach to economic analysis. Students develop expertise in econometrics, statistical modeling, and data analysis to gain a deeper understanding of economic phenomena.
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Microeconomic and Macroeconomic Theory: The program provides a solid foundation in microeconomic and macroeconomic theory, enabling students to analyze economic behavior at the individual and aggregate levels.
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Applied Economic Analysis: Students learn how to apply economic theory and quantitative techniques to real-world issues, such as economic development, environmental economics, health economics, and public policy.
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Economic Research Methods: The program trains students in research methodologies, including data collection, survey design, and empirical analysis, preparing them to conduct independent economic research.
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Economic Policy Analysis: Students examine the impact of economic policies on various industries and communities, evaluating potential outcomes and recommending evidence-based policy solutions.
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Elective Specializations: Students have the flexibility to choose elective courses that align with their career goals and interests, such as labor economics, international trade, financial economics, or public finance.
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Faculty Expertise: The program is led by experienced faculty members with expertise in diverse areas of economics, ensuring students receive high-quality education and mentorship.
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STEM-Designated Program: The M.A. in Applied Economics is STEM-designated, reflecting its focus on Science, Technology, Engineering, and Mathematics disciplines. This designation allows international students to benefit from extended post-graduation Optional Practical Training (OPT) in the United States.
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.A. in Applied Economics program at Illinois State University possess a strong foundation in economic theory, empirical analysis, and policy evaluation, making them highly sought-after professionals in various industries.
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Economic Analyst: Graduates may work as economic analysts, conducting research and providing economic insights for government agencies, research institutions, or private companies.
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Data Analyst: Graduates with strong quantitative skills can pursue careers as data analysts, interpreting economic data and trends to inform decision-making.
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Policy Analyst: Graduates can work as policy analysts, evaluating the impact of economic policies on specific sectors or communities and proposing evidence-based policy recommendations.
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Market Research Analyst: Graduates may become market research analysts, analyzing economic trends and consumer behavior to support marketing strategies.
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Financial Analyst: Graduates with a focus on financial economics can work as financial analysts, providing economic analysis for investment decisions.
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Consultant: Graduates may work as economic consultants, advising businesses or organizations on economic issues and strategic planning.
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Government Economist: Graduates can pursue roles as government economists, working in various government agencies to analyze economic data and develop economic policies.
The M.A. in Applied Economics program at Illinois State University equips students with versatile skills in economic analysis, data interpretation, and policy evaluation. Graduates are well-prepared to excel in diverse sectors, contributing their expertise to address complex economic challenges and drive evidence-based decision-making.
