Entering students are expected to have undergraduate training in economic theory and quantitative methods. Successful completion of first-year courses requires a working knowledge of Intermediate Microeconomic Theory, Multivariate Calculus, Linear Algebra, and Introductory Statistics.
If accepted into our MS program, students are expected to remedy deficiencies in these areas by taking the appropriate coursework, which is not counted toward advanced degree credit requirements. Failure to take remedial course work can lead to unsatisfactory progress in the first semester and may result in dismissal from the program. To increase chances of acceptance into our program, students are encouraged to complete additional coursework in Econometrics, Mathematical Statistics, Calculus, and Linear Algebra to better prepare themselves for graduate work. Before the start of the first semester, students are required to attend a two-week Summer Math Class.
Students are normally admitted to regular Degree Status, but some may be required to enroll on Provisional Status for a maximum of 12 credits. At the end of this provisional period, both the Department and the Graduate School evaluate the student’s performance; at that time, either the student is admitted to Degree Status or enrollment is terminated. The Master of Science Degree offered by the Department features field essay and thesis options. All MS students are admitted under the field essay option. A student may choose the thesis option only if sponsored by a faculty member and approved by the Graduate Studies Committee. The Graduate Studies Committee will evaluate such requests on the basis of course and job performance, research aptitude, and availability of funding. A student interested in writing a thesis should apply for the thesis option by April 1 of the first year (see further information under Degree Requirements with Thesis below). We also offer an accelerated 4+1 MS version that is suitable for seniors completing their undergraduate coursework in less than four years (details below).