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Best Universities offering graduate programs in Applied Economics

44 universities offer graduate programs in Applied Economics. University of Michigan-Ann Arbor had highest number of international students receiving a Master's degree. University of Michigan-Ann Arbor had the most women graduates in this program.

Johns Hopkins University logo
Ranked as:  #12 in Best National University
Tuition:  $59,425 per year
Total Cost:  $118,850 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Maryland
Acceptance:  11.06%
This 30-credit Master of Science degree is composed of 4 Required Core Courses, 1 Customizable Core Course, and 5 Elective Courses. Finally, this degree program offers an optional culminating experience of a Thesis as an 11th course, for three additional credits at full tuition. Corequisite: AS.440.304, Math Methods for Economists This course offers a systematic presentation of consumer theory, theory of the firm, and market equilibrium. Topics covered include constrained optimization, preferences and utility, exchange, production, pricing, market structures, and welfare economics.
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University of Virginia School of Engineering and Applied Science - Program details

GRE score required at Johns Hopkins University master's degree programs in Applied Economics
  • GRE Required:  Yes
  • Research assistantships:  2378
  • Teaching assistantships:  304
  • Financial Aid: Register to view the details
Northwestern University logo
Ranked as:  #13 in Best National University
Tuition:  $56,567 per year
Total Cost:  $113,134 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Illinois
Acceptance:  9.31%
With interdisciplinary expertise and international experience, Dual Masters in Applied Economics and Social and Economic Policy graduates are uniquely positioned to become leaders in their professions. Studying on campuses in Sha Tin, Hong Kong for 10 months and Evanston, Illinois for 7 months, students receive rigorous training in applied economic science and develop analytical skills to evaluate and design policies and programs in diverse global contexts.
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Dual Master’s Degree in Applied Economics and Social and Economic Policy - Program details

Northwestern University admission requirements for graduate programs in Social Sciences and Studies
  • GRE Required:  Yes
  • Research assistantships:  965
  • Teaching assistantships:  1095
  • Financial Aid: Register to view the details
Cornell University logo
Ranked as:  #15 in Best National University
Tuition:  $30,042 per year
Total Cost:  $60,084 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  New York
Acceptance:  10.71%
Dyson School Applied Economics and Policy (AEP) seminars: All PhD students are encouraged to attend weekly Applied Economics Policy Seminars as well as seminars organized by different fields (such as Development Economics, and Sustainable Environmental, Energy and Resource Economics). Registration units: To earn a Cornell PhD, a student must be registered for a minimum of six full-time academic semesters (which requires a minimum of 12 credit hours per semester). Students must also maintain a meaningful engagement with the Cornell academic community (attendance and active participation in various workshops and seminars on campus, as an example).
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PhD Program in Applied Economics and Management - Program details

GRE score required at Cornell University master's degree programs in Applied Economics
  • GRE Required:  Yes
  • Research assistantships:  1320
  • Teaching assistantships:  1455
  • Financial Aid: Register to view the details

69 universities offer the Masters’s program in Applied Economics. Which one best suits your need? We will help make you a decision.

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Georgetown University logo
Ranked as:  #21 in Best National University
Tuition:  $53,591 per year
Total Cost:  $107,182 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  -
Acceptance:  16.81%
The Master of Arts in Applied Economics degree program provides students with a solid understanding of the fundamental tools of economic analysis that are employed to conduct rigorous study of economic issues and economic policies. The focus of the program is applied economics.
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Masters in Applied Economics - Program details

Georgetown University admission requirements for graduate programs in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
  • Financial Aid: Register to view the details
University of California-Los Angeles logo
Ranked as:  #23 in Best National University
Tuition:  $28,131 per year
Total Cost:  $56,262 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  California
Acceptance:  14.33%
The first quarter will consist of microeconomic theory, macroeconomic theory, and quantitative methods courses that cover the basic tools and models used in economics literature. These same courses will continue into the second quarter, but with greater emphasis on applying the tools and methods. Introduction to main topics of graduate macroeconomics, including macroeconomic data, models of economic growth, and demand of factors of production, business cycle models, unemployment, monetary policy and inflation, and fiscal policy and deficits.
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Master of Applied Economics - Program details

GRE score required at University of California-Los Angeles master's degree programs in Applied Economics
  • GRE Required:  Register to view the details
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logo
Ranked as:  #25 in Best National University
Tuition:  $48,715 per year
Total Cost:  $97,430 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  California
Acceptance:  16.11%
Economics is designed to provide advanced training in the basic tools of economics and their application to practical problems. Students are encouraged to explore the diverse collection of courses offered by the Economics and USC.
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Applied Economics and Econometrics - Program details

University of Southern California admission requirements for graduate programs in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
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Find scholarships and financial aid for Applied Economics graduate programs

$500 $20000
University of Michigan-Ann Arbor logo
Ranked as:  #29 in Best National University
Tuition:  $49,548 per year
Total Cost:  $99,096 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Michigan
Acceptance:  26.11%
Labor Economics The graduate programs in economics at The University of Michigan offer preparation for the wide range of careers now open to professional economists in academic, business, and government sectors. One of two graduate-level programs offered by the Department, is the Master of Arts degree in Applied Economics
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Master of Applied Economics - Program details

University of Michigan-Ann Arbor GRE score,GPA for masters degree in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
  • Financial Aid: Register to view the details
Boston College logo
Ranked as:  #31 in Best National University
Tuition:  $31,930 per year
Total Cost:  $63,860 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Massachusetts
Acceptance:  26.38%
The M.S. in Applied Economics, a STEM Designated Degree Program, will prepare applicant to use the data analysis and tools organizations rely on to evaluate policies and programs, develop forecasts, better understand consumer behavior, and analyze marketing efforts.
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M.S. in Applied Economics - Program details

Boston College GRE score and admission requirements for graduate programs in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
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Lehigh University logo
Ranked as:  #40 in Best National University
Tuition:  $27,130 per year
Total Cost:  $54,260 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Pennsylvania
Acceptance:  49.54%
It is a relatively rare economics program because it is one of the few business-school-offered programs that is completely focused on the Masters level. While there is the option to apply to continue toward a Ph.D., the focal point of Applied Economics program is on the Master degree itself.
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MS in Applied Economics - Program details

Lehigh University GRE score,GPA for masters degree in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
  • Financial Aid: Register to view the details
Northeastern University logo
Ranked as:  #42 in Best National University
Tuition:  $25,558 per year
Total Cost:  $51,116 * This tuition data is based on IPEDS. For the latest tuition amount, refer to the respective college websites.
State:  Massachusetts
Acceptance:  20.48%
Students may concentrate in either industrial organization, competition policy, and regulatory economics labor economics. The field of Industrial Organization, Competition Policy, and Regulatory Economics analyzes and evaluates the performance of markets and devises appropriate policy responses when markets are not performing well.
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PhD in Applied Economics - Program details

Northeastern University GRE score,GPA for masters degree in Social Sciences and Studies
  • GRE Required:  Register to view the details
  • Research assistantships:  Register to view the details
  • Teaching assistantships:  Register to view the details
  • Financial Aid: Register to view the details

What kind of scholarships are available for Graduate Programs in Applied Economics?

We have 13 scholarships awarding up to $125,000 for Masters program in for Applied Economics, targeting diverse candidates and not restricted to state or school-based programs.

Scholarship nameAmountCredibility
Charlotte W. Newcombe Fellowships$30,000High
APF Wayne F. Placek Grants$9,000High
Intercollegiate Studies Institute Graduate Fellowships$5,000High
Native American Scholarships Fund$4,000High
Don Lavoie Fellowship$1,250High

Find more scholarships in Social Sciences and Studies

What is the GRE score required for admission to Master’s degree in Applied Economics?

Gre score requirements differ from school to school. Most colleges do not publish the cutoff scores. For example 69 offer Graduate programs in Applied Economics. 10 - Gre score required for admissions are.

Gre score requirements for Master’s program in Applied Economics

Quite a few accredited universities have waived off the GRE score requirements for admissions to Masters programs. The main strength of the program is that it is simultaneously rigorous and application-oriented.

The deadline for complete applications is six weeks before the semester begins.

The GRE is not required for admission.

International students whose native language is not English must take the Test of English as a Foreign Language

Since the university program is quantitative and application-oriented, it is a good stepping stone for a PhD in Public Policy.

The deadline for the 2021-2022 application is March 15, 2021.

All applicants must apply online via the UCLA Application for Graduate Admission. Official transcripts are not needed during the initial stages of application.

If applicant are a university/college senior, do not risk missing the deadline by waiting for senior-year grades to be posted before submitting their application and transcript.

In all cases, the statement must include the exact, original title of the degree and the date of its formal conferral

Official GRE scores must be sent directly by the Educational Testing Service

GRE – UCL 4837 / Econ: 1803

Please be advised that all applicants, regardless of their degree or major backgrounds, must submit GRE scores. There are no substitutes for the GRE, including the GMAT.

A GRE score is valid if the examination was given no more than five years prior to the date their application is submitted.

Official TOEFL scores must be sent directly by the Educational Testing Service

If applicant have previously taken the TOEFL exam, their score is valid for two years from the test date.

A TOEFL score of at least 560 on the paper and pencil test or 220 on the computer based test is the minimum required. For the internet-based TOEFL, applicants must have a minimum total passing score of 87. An IELTS overall band score of at least 7.0 is the minimum required.

Applicants are required to submit a statement of purpose.

Applicants are required to submit a personal history statement.

Applicants must submit a resume or CV.

Two letters of recommendation

Although only two letters are required, a third letter will be reviewed if provided.

The application fee is devoted to the administrative cost of processing all applications received, and is not refundable under any circumstances, regardless of the outcome, the date of filing, time of review, or if, for whatever the reason, the application is withdrawn.

Completion of a rigorous calculus sequence and linear algebra are required.

Personal statement in essay form providing work history, educational background, and academic and professional goals.

GRE general test results

TOEFL scores , unless the student has completed at least one year of full-time academic study in the United States or if English is the primary language in the student’s native country.

The program is available to both residential and distance students.

Note that not all course work areas offer the depth of distance-delivered courses to build a program based entirely on distance delivered courses.

While some course work areas are supported by distance-delivered courses to the extent that a student may complete a degree without ever being on campus, others are completed in the more traditional residential student setting.

Where appropriate, a professional competency or certification exam may be required as part of the final examination.

The College of Science and Health accepts scores from the TOEFL and the IELTS as proof of English proficiency.

To be considered English language proficient, the College of Science and Health requires a score of at least 80 on the iBT TOEFL with a minimum score of 17 on each section, at least 550 on the paper-based TOEFL, or at least 6.5 on the IELTS.

International students must submit a Minimum TOEFL Score of 79 or Score of 550.

Nutrition Sciences does quality for financial aid

GRE scores are not required for admission to the graduate certificate program.

GRE scores are required for admission to the masters program.

Applicants must have a minimum overall Grade Point Average of 3.00 on a 4.00 grade scale equivalent to the students.S. bachelor’s degree.

Written a detailed statement/essay describing their professional experience and potential to succeed academically

An official academic record from all post-secondary education institutions attended is required. This may take some time so start this early in their application process.

In the instance that official records cannot be obtained, unofficial records may be used to consider their application.

If the degree is from a recognized but not regionally accredited institution, the application will be reviewed by the department and by the College of Graduate Studies.

For information about equivalency and required academic credentials by country of education page, use the Degree Equivalency Guide.

Reasons for outside review include, but are not limited to, verification of document authenticity, potential transfer credits and the wish to expedite the processing of an application file.

Precise, word-for-word, English translations are required for all foreign language documents.

The most common and widely accepted test is the TOEFL

TOEFL : minimum overall score of 79

If so, applicant will need to take the TOEFL, or equivalent test, and obtain the higher score prior to be granted regular admission.

Have electronic versions of their required documents

Be ready to complete an online application fee

Recommendation for admission is based on the department's decision.

Each application requires three Letters of Recommendation Applicant will need to enter this information to complete an online application.

Transcripts, degree certificates, GRE, TOEFL) must be sent directly from the institution and/or testing center to Graduate Admissions.

These scans may be used to determine their acceptance into the program, however the official transcript documents will ultimately be required.

The GRE is only required for some graduate programs.

F-1 graduate students are required to be enrolled in nine credit hours and are allowed to take up to three credits of online coursework toward this requirement. J-1 visa holders are also required to enroll in nine credit hours, but are not allowed to take online classes toward the nine credit requirement.

If applicant have copies of their score reports from any of the standardized exams , the university will accept scans.

If the GRE exam is offered in the computer based format in their country, then applicant are required to submit scores.

If the GRE is offered in their country as a paper based test, applicant are strongly encouraged—but not required—to take it in October or November If applicant take the paper based exam later than November, the university will not receive their scores in time to consider them with their application.

If the GRE is not offered in their country, or if it is offered only as a paper based exam, then the university may offer applicant the option of sitting for the university own proprietary quantitative and reading exam.

Test of English as a Foreign Language or International English Language Testing System

If English is not their native language or the sole language of their university studies, then applicant are required to submit scores from the TOEFL or IELTS exam.

Preparing for the GRE and TOEFL/IELTS

The GRE measures quantitative reasoning, verbal reasoning, and analytical writing skills. While a strong score on all three sections will help their application, the Williams College is primarily interested in their score on the quantitative portion of the exam.

The GRE is offered in two formats: computer based or paper based.

Test of English as a Foreign Language

The TOEFL measures their ability to use and understand English at the university level.

There are two formats for the TOEFL test.

Therefore, it is important that applicant have strong scores on all four sections of the TOEFL.

Fall 2021 Application Period: International Applicants: October 1, 2020 to April 1, 2021 Domestic Applicants: October 1, 2020 to June 1, 2021

All applications and supplemental items must be received by the deadline.

English Proficiency for International Students: International applicants are required to submit scores from either the Test of English as a Foreign Language or the International English Language Testing Systems in order to apply. The exam must have been taken within the last two years and a minimum score of 80 on the TOEFL or 6.5 on the IELTS is required.

A non-refundable fee of $70 is required.

Statement of purpose: Summarize their career objectives, experience and reason for interest in this degree program

Resume: A resume including education, employment, extracurricular/community activities, publications, if any, and memberships

Students are required to take ten total courses in the program; eight core courses and two courses from one of the tracks listed. The screening committee will consider the applicant’s previous academic record, and GMAT or GRE scores if necessary, in determining acceptance.

An overall grade point average of at least a B is required for graduation.

This course focuses on the process and methods of visualizing information for the purpose of communicating actionable findings in a decision-making context.

DS 602 Department Seminar, two semesters required

Students deficient in any of these areas will be required to take one or more courses to remove these deficiencies prior to enrolling in the courses that are part of the program’s core requirements.

Evaluation of English language proficiency will be based on the student’s scores on the Test of English as a Foreign Language

To ease the hardship that many of the university applicants are currently experiencing, the Master of Science in Applied Economics program has decided to “relax” the GRE requirement during the COVID19 pandemic. Although GRE now provides online testing, the university will not, until further notice, require GRE scores to “complete” an application. Some applications, however, might benefit from a sound GRE performance.

Completed courses in calculus, statistics, macroeconomics, and microeconomics with a minimum grade of “C” in each course and a minimum GPA of 3.00 on a 4.00 scale in these courses

International transcripts must be evaluated by a NACES accredited evaluation service and must be a course by course evaluation and include a GPA.

The deadline for completed applications for fall semester admission is May 1st with decisions being made on or before June 1st.

If all required documents are not received by the deadline their application will not be considered for admission.

Their degree application, including receipt of all transcripts, should be received by the following deadlines to be considered complete.

Applications are submitted electronically and include a nonrefundable application fee.

Please the GRE requirement will be waived for those submitting an application to start in the fall 2020 semester.

GRE scores are required including verbal, quantitative, and analytical scores. A subject test in the GRE is not required.

With some exceptions, international applicants must take and submit scores for the Test of English as a Foreign Language or International English Language Testing System

Please inform all recommenders they must submit the form in order for their application to be complete.

Personal Statement — Describe their motivation for undertaking graduate studies in statistics.

Applicant can begin their online application at any time.

Their degree application, including receipt of all transcripts, should be received by the following deadlines to be considered complete.

Applications are submitted electronically and include a nonrefundable application fee.

No GRE or GMAT scores are required.

With some exceptions, international applicants must take and submit scores for the Test of English as a Foreign Language or International English Language Testing System

Please inform all recommenders they must submit the form in order for their application to be complete.

Statement of Purpose — 2–3 page essay articulating career and educational goals that demonstrate their written communication skills and basic statistical knowledge.

Applicant can begin their online application at any time.

Applicant may take up to 6 credits in nondegree status that will apply to the masters or certificate before submitting their application portfolio.

The program is a formally recognized Professional Science Master's degree program, meaning that in addition to science courses, students are also required to take courses in management.

A one page statement indicating their academic background, area of interest, and their career plans, andTwo letters of recommendation.

The general GRE test is recommended for admission, but not required.

No GRE schools for Masters in Applied Economics

Is it worth getting a master's degree in Applied Economics?

Before you invest 2-3 years of your life and anywhere between $40,000 - $110,00 of your hard earned money, students do ask as to what is the return on investment on the Master’s degree.here are some of the statistics from bls.gov.

Career Outlook

Employment of market research analysts is projected to grow 22 percent from 2020 to 2030, much faster than the average for all occupations. About 96,000 openings for market research analysts 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 market research analysts was $65,810 in May 2020. Number of Jobs in 2020 was 740,900.

Career Opportunities with master’s degree in Applied Economics


Job Title 2020 median Pay Education Number of Jobs Job Outlook What they do
Political Scientists $125,350 Master's degree 7,000 Employment of political scientists is projected to grow 9 percent from 2020 to 2030, about as fast as the average for all occupations. About 700 openings for political scientists 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. Political scientists study the origin, development, and operation of political systems.
Economists $108,350 Master's degree 18,600 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. Economists collect and analyze data, research trends, and evaluate economic issues for resources, goods, and services.
Statisticians $93,290 Master's degree 44,800 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. Mathematicians and statisticians analyze data and apply computational techniques to solve problems.

Are there universities offering online Master's in Applied Economics?

13 universities offer Master's program in Applied Economics. At this time, we do not have any information on online Masters' program in Applied Economics.

Check out these universities offering on-campus and hybrid master's program program

Online Master’s in Applied Economics

How can I compare the Applied Economics Graduate Programs?

Compare the GRE score requirements, admission details, credit requirements and tuition for the Master's Program, from 69 universities offering Graduate School Programs in Applied Economics. Compare Graduate School Programs in Applied Economics

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