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Master of Science in Economics Curriculum

The Department of Economics offers both a thesis and non-thesis option Master of Science degree with a concentration in Financial Econometrics or Financial Economics. This degree program aims to provide rigorous training in economics, econometrics, analytical, and quantitative skills for students in order to prepare them for immediate careers in the financial sector such as trading analyst, financial consultant, data analyst, distribution analyst and loan administrator; business or government; or further study in top economics and finance PhD programs.

Master of Science (MS) – Thesis Option

The Master of Science, with thesis, requires a minimum of 32 semester-hours of coursework. The campus/synchronous degree program plan consists of at least 32 semester-credit hours, typically, 21 semester-credit hours will be taken in the department, 9 of these hours may be credited towards courses in supporting field(s) of interest, and 11 hours may be credited for the thesis.

Coursework in the supporting fields in the MS-Thesis program may be in any related academic area that contributes to a student’s career objectives. Examples include accounting, agricultural economics, finance, international affairs, math, public policy and administration, statistics. A residence requirement of nine credit hours of coursework must be completed in one regular semester.

Master of Science (MS) – Non Thesis Option
The Master of Science, with no thesis, does not require a Final Examination. The campus/synchronous degree program plan consists of at least 36 semester-credit hours, typically, 24 semester-credit hours will be taken in the department, 9 of these hours will be credited towards an economics or econometrics concentration, and 12 credit hours in supporting field(s) of interest.

Coursework in the supporting fields in the MS-Non Thesis program may be in any related academic area that contributes to a student’s career objectives. Examples include accounting, agricultural economics, finance, international affairs, math, public policy and administration, statistics. A residence requirement of nine credit hours of coursework must be completed in one regular semester.

Core Curriculum
While students are allowed the flexibility to select support courses to tailor their graduate program to match their academic interests and career aspirations, each program requires the completion of four core curriculum courses to gain content knowledge and skills:

  • ECON 607 Foundations of Microeconomics Theory
  • ECON 611 Foundations of Macroeconomic Theory
  • ECMT 673 Economic Analytics
  • ECMT 674 Economic Forecasting

The Non-Thesis Option requires a fifth core course:

  • ECON 675 Capstone

Elective Courses
The program provides rigorous training in economics, econometrics, analytical and quantitative skills and offers flexibility with electives.

Concentration Course Electives
Students will select 9 credit hours (or 3 classes) of coursework to identify their concentration in Financial Economics or Financial Econometrics.

    • Financial Economics Courses
      • ECON 612 Money, Banking, and Financial Markets
      • ECON 614 Economics of Microfinance
      • ECON 617 Economics of the Multinational Firm
      • ECON 618 Behavioral Financial Economics
      • ECON 633 Energy Markets and Policy
      • ECON 663 International Transfer Pricing
      • ECON 668 Decisions Under Risk and Uncertainty
      • ECON 680 Financial Economics
      • ECON 685 Directed Studies
    • Financial Econometrics Courses
      • ECMT 660 Mathematical Economics
      • ECMT 670 Econometric Analysis of Financial Data
      • ECMT 680 Financial Econometrics

Related Course Electives
Students may select 12 credit hours of coursework in related academic areas that contribute to their career objectives. Examples include accounting, agricultural economics, finance, international affairs, math, public policy and administration, statistics.

Students may also consider selecting up to two (2) undergraduate 300- or 400-level courses to apply towards their MS degree. These courses cannot be repeated if taken as an undergraduate student.

A student may enroll for an internship course in the Summer of their first year or in the Spring of their second year.

MS ECON Degree Requirements Document 

Resources: Graduate and Professional Catalog