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3+2 Fastrack Program (5-Year Program)

The Department of Economics offers a 5-year combined degree program (3+2 Fastrack) that provides undergraduate students the opportunity to earn a Bachelor of Science in Economics and a Master of Science in Economics. The Master’s degree program was created in response to the increasingly high demand from students seeking a professional master’s degree in economics and employers looking for candidates with advanced training. Within the curriculum of the graduate program, a student will receive rigorous training in economics, econometrics, analytical and quantitative skills for students in order to prepare them for immediate careers in business or government, or further study in top economics and finance Ph.D. programs.

Job Placement

Job placement refers to the successful employment of a person to a job. Our students’ job placement is 100%, and many secure employment before graduation. By showing your capacity to complete a strenuous degree plan in five years, the demand for you as an employee will highly increase. See our Job and Internship Placement for the most current information on where our students are securing employment.

3+2 Fastrack Curriculum

The Fastrack program adds one year to an undergraduate’s Bachelor’s degree. The 36-credit-hour curriculum includes 12 credit hours of required core courses that teach students analytical and quantitative skills and their real-world applications. These skills are showcased during a Capstone course (ECON 675) in the second Fall semester of the program. Of the 12 credit hours of required core courses, 6 credit hours (or 2 classes) will count once towards their B.S. ECON degree and once towards their M.S. ECON degree. We call these “double-count courses”. Students will also choose 9 credit hours of course electives within the program and 15 credit hours of general electives. The curriculum breakdown can be found on the M.S. ECON Curriculum website.

Resources: Undergraduate Catalog and Graduate & Professional Catalog

Tuition and Fees

The Economics Department charges Master’s students a $5,000 program fee per long semester (Fall and Spring). Fastrack (3+2) students will be charged for their first two long semesters (Fall and Spring only) after they have been reclassified as degree-seeking Master’s students. This program fee is in addition to their tuition and other university fees. It provides additional academic support and professional development for the Master’s students. The Student Business Services office,, has more information about tuition and fees.

When to Apply

B.S. Economics students are highly encouraged to apply to the 3+2 Fastrack program during their Junior year. Transfer students may be eligible to apply if they have at least one semester of coursework remaining in their Senior year that allows room for two Master’s courses. Students should first meet with the Fastrack undergraduate advisor, Ms. Shelby Wallace, to review their coursework and receive an undergraduate semester course planner. This planner will help determine when they are eligible to apply.

Note: Graduate Record Examination (GRE) is no longer required.


  • For Fall Admission: March (two weeks before the first day of pre-registration)
  • Priority Deadline: October 15 (for Spring Admission)
  • Need more time? Email Ms. Margaret Lomas Carpenter at

Admission Criteria for BA/BS Economics Students

  • BA/BS ECON Fastrack applicants must apply in their Junior year
  • Applicants with a minimum 3.0 overall OR major GPA will be automatically admitted into the Fastrack program
    • See “How to Apply” below
  • Applicants with a 2.60-2.99 overall or major GPA will be reviewed by the Fastrack admissions committee
  • Students with an overall or major GPA of 2.599 and below are not eligible to apply to the Fastrack program

How to Apply

  • Step 1
    • Schedule a meeting with the Fastrack undergraduate advisor, Ms. Shelby Wallace, via Navigate and select “3+2/Fastrack Program Advising” for appointment type.
  • Step 2
    • Submit the following application materials to Ms. Margaret Lomas Carpenter at
      • Undergraduate Semester Course Planner (given to you by the Fastrack undergraduate advisor, Ms. Shelby Wallace)
      • Resume

Applicants will be notified of their admission within two weeks after submitting a complete application.

For questions regarding the B.S./B.A. Economics curriculum, contact an undergraduate advisor.

For questions regarding the Undergraduate Fastrack curriculum, contact Ms. Shelby Wallace via Navigate.

For questions regarding the M.S. Economics curriculum, contact the MS ECON Assistant Program Director, Margaret Lomas Carpenter, or schedule an appointment.

For non-economics undergraduate students interested in learning more about the accelerated Master’s program, click on the ECON Minor to Master’s Program and Accelerated Master’s Program page.