Economics Master’s program at Illinois State University

Illinois State University logo

Electricity, Natural Gas, and Telecommunications Economics Masters

econometrics-development

Economics Electricity, Natural Gas, and Telecommunications Economics.

The Electricity, Natural Gas, and Telecommunications Economics sequence combines training in basic economic theory and statistical methods with specialized training in the theory, history and institutions of economic of regulation. Students develop skills in analyzing regulatory policy and in communicating the results. In addition, students may have the opportunity to gain valuable practical experience as an intern with an employer in the telecommunications, electric power, or natural gas industries, or with an appropriate government agency.

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.

The Economics is the first in the nation to offer a master degree in Applied Economics with a sequence in Electricity, Natural Gas and Telecommunication Economics.

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:.

Economics requires three (3) 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 Electricity, Natural Gas, and Telecommunications 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.

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

Composition of student population

19 Female Students
13 Internation Students
14 Graduate Students Enrolled

How does the Economics Master’s degree program tuition at Illinois State University compared with other universities in Illinois?

Tuition for Master’s in Economics program at Illinois State University

$9,457 In-state Tuition & Fees
$11,069 Out-of-state Tuition & Fees
UniversityIn state Tuition / Year
Economics Masters program at Northern Illinois University$11,086
Economics Masters program at Western Illinois University$11,996
Economics Masters program at McKendree University$9,324
Economics Masters program at North Park University$14,076

Which other public university offers Master’s program in Economics in Illinois?

Here is the list of top 4 public universities offering Economics Master’s program.

Program NameTuition / Year
Economics at University of Illinois Urbana-Champaign

In-state: $17,912

Out-state: $30,083

Economics at University of Illinois Chicago

In-state: $17,121

Out-state: $27,036

Economics at Western Illinois University

In-state: $11,996

Out-state: $11,996

Economics at Northern Illinois University

In-state: $11,086

Out-state: $11,086

Which other private university offers Master’s program in Economics in Illinois?

Here is the list of top 4 private universities offering Economics Master’s program.

Program NameTuition / Year
Economics at University of Chicago$61,548
Economics at Northwestern University$56,567
Economics at Illinois Institute of Technology$30,695
Economics at DePaul University$19,760

Jobs, Salaries and Career after Masters in Economics

Employment of economists is projected to grow 13 percent from 2020 to 2030, faster than the average for all occupations. About 1,600 openings for economists 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 economists was $108,350 in May 2020. Number of Jobs in 2020 was 18,600.

Employers prefer the candidate with a Master's degree.

Universities with similar Graduate Program

Program NameTuition / Year
Economics Masters program at Claremont McKenna College$64,288
Economics Masters program at Eastern Washington University$13,041
Economics Masters program at Kent State University at Kent$11,766
Economics Masters program at Western Michigan University$17,283

Are there Online Masters programs offered in Economics?

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

Program NameTuition
Economics Online Masters programs at Massachusetts Institute of Technology$56,719
Economics Online Masters programs at University of Wisconsin-Madison$12,197
Economics Online Masters programs at Purdue University-Main Campus$9,992
Economics Online Masters programs at University of Massachusetts-Amherst$16,235