Master of Science in Economics
Indiana University - College of Arts and Sciences
Key Information
Campus location
Bloomington, USA
Languages
English
Study format
On-Campus
Duration
3 semesters
Pace
Full time
Tuition fees
USD 10,502 / per year *
Application deadline
Request info
Earliest start date
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* tuition and fees resident; $30,690 - tuition and fees nonresident
Scholarships
Explore scholarship opportunities to help fund your studies
Introduction
The Master of Science (M.S.) in Economics at Indiana University was designated as a STEM program in August 2020.
This innovative program teaches fundamental skills and state-of-the-art analytical and econometric tools. Through in-depth coursework, you will begin to master invaluable advanced theoretical and empirical skills.
The coursework in this program can be finished in three semesters. In the first two semesters, you will learn the basic foundations of microeconomic theory, macroeconomics, and econometrics with the appropriate mathematical tools. The third semester allows a specialization into a financial economics track or a game theory track, each with appropriate courses and tools.
Starting in Fall 2022, students are allowed to take the three required first-semester courses online.
Program Outcome
This program combines the very best of learning in Economics: dedicated research-oriented faculty, a strong theoretical grounding, modern computational tools, and advanced econometric methods.
Curriculum
Grades
You must maintain a minimum GPA of B (3.0) in order to remain in good standing in Graduate School. Courses to be counted toward the degree must be passed with a grade of B- (2.7) or better.
Course requirements
A total of 30 credit hours is required for this degree. All of our M.S. students take the same set of three classes in each of the first two semesters. In the third semester, you will choose one of two tracks.
STEM Designation
Our M.S. Degree program is classified as STEM (CIP Code 45.0603: Econometrics and Quantitative Economics). This means that students in this program can apply for a 24-month STEM extension of F-1 Optional Practical Training (OPT).
Semester 1
- Econ-M 500 Mathematics for Economists
- Econ-M 501 Microeconomic Theory I
- Econ- M 504 Econometrics I
Semester 2
- Econ-M 511 Microeconomic Theory II
- Econ-M 502 Macroeconomics
- Econ-M 514 Econometrics II
Semester 3 (all tracks)
- Econ-M 517 Computational Economics
Semester 3 (Track 1: Game Theory)
- Econ-M 516 Game Theory
- Econ-M 518 Econometrics: Big Data
Semester 3 (Track 2: Financial Markets)
- Econ-M 513 Financial Economics
- Econ-M 524 Financial Econometrics
Career Opportunities
The program will prepare you for a large variety of careers in the private and public sectors as well as for further graduate training such as Ph.D. programs in Economics or related fields.