Econometrics and Quantitative Economics Master’s program at Illinois State University

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Quantitative Economics Masters

econometrics-quantitative

Quantitative Economics is an interdisciplinary program between the Economics and the Mathematics departments.

In addition to 22 hours of core courses in economic theory, you will take 12 or hours of graduate-level math courses.

This is a STEM designated degree, which focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. STEM designated degree programs offer additional benefits for students, including potential grant funded opportunities and, for international students, extended OPT study options.

Discover what life as an Illinois State graduate student is like.

A student applying to a master program must:.

Have earned a four-year bachelor degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic year.

The unofficial transcript should be easily readable and clearly indicate degree(s) awarded, courses and course grades for each term.

For admission without deficiencies, applicants need to have successfully completed college courses in:.

Applicants need to have a quantitative score of 150 or better, and a verbal score of 140 or better. Use institutional code 1319 to submit GRE scores.

Econometrics and Quantitative Economics requires three letters of recommendation. At least two of the letters of recommendation should come from individuals who are familiar with your scholarly record. The third can be an additional academic reference or a professional reference from someone who knows you well and can comment on your potential as a graduate student.

A two-page statement of purpose explaining your interest in the Quantitative Economics graduate sequence at Illinois State University, your academic and professional goals, and what you hope to achieve as a graduate student in Economics.

March 1 with consideration.

The University provides graduate assistantships as a means of . They are intended as a way to facilitate a student progress to degree while providing important professional development.

See Student Accounts for information on tuition and fees. Funding for graduate students is available from several different sources. Students who have been admitted from contiguous states including Iowa, Indiana, Kentucky, Michigan, Missouri, and Wisconsin will receive in-state tuition.

12 Months Duration
12 Credit hours
Yes GRE Required
Yes Scholarships Available

Composition of student population

5 Female Students
10 Internation Students
14 Graduate Students Enrolled

Jobs, Salaries and Career after Masters in Econometrics and Quantitative Economics

Overall employment of mathematicians and statisticians is projected to grow 33 percent from 2020 to 2030, much faster than the average for all occupations. About 5,200 openings for mathematicians and statisticians are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

The median annual wage for mathematicians was $110,860 in May 2020. The median annual wage for statisticians was $92,270 in May 2020. Number of Jobs in 2020 was 44,800.

Employers prefer the candidate with a Master's degree.

Universities with similar Graduate Program

Program NameTuition / Year
Econometrics and Quantitative Economics Masters program at Carnegie Mellon University$47,326
Econometrics and Quantitative Economics Masters program at Syracuse University$41,714
Econometrics and Quantitative Economics Masters program at Kennesaw State University$7,314
Econometrics and Quantitative Economics Masters program at University of Arizona-Sierra Vista$12,115

Are there Online Masters programs offered in Econometrics and Quantitative Economics?

Here is the list of top-ranked universities offering online masters program in Econometrics and Quantitative Economics

Program NameTuition
Econometrics and Quantitative Economics Online Masters programs at University of North Dakota$12,796