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3+2 Fastrack 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 with a concentration with either Financial Economics or Financial Econometrics. 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 close to 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 Master of Science in Economics degree is a 1.5 year program requiring 36 credit hours of coursework. The curriculum consists of 15 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 15 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 this “double-count courses”. Students will also choose 9 credit hours of coursework to fulfill a concentration in either financial economics or financial econometrics, and 12 credit hours of 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 completed their undergraduate curriculum and are reclassified as degree-seeking Master’s students. This program fee is in addition to their tuition and other university fees. It is used to provide additional academic support and professional development for the Master’s students. The Student Business Services office,, has more information about tuition and fees.

How to Apply

B.S. Economics students are highly encouraged to apply to the 3+2 Fastrack program. They should first meet with an undergraduate advisor to review their coursework and receive an undergraduate semester course planner. This planner will help determine when they are eligible to apply.

Graduate Record Examination (GRE) is no longer required.


  • April 1 (for Fall Admission)
  • October 15 (for Spring Admission)

For Students Who Have a Minimum GPA of 3.40:

For Students Who Have a Cumulative GPA Below 3.40:

  • Meet with an undergraduate advisor
  • Submit the following application materials to the MS ECON Program Manager
    • ECON Fastrack Application
    • Undergraduate Semester Course Planner
    • Resume
    • Letter of Recommendation from ECON Professor
    • GRE is no longer required

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

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