MS in Applied Economics

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Assistantships & Scholarship

NEW Northwestern Mutual Data Science Institute assistantships are available starting in fall 2025.  Apply by Feb. 15 for priority consideration for graduate assistantships and merit-based scholarship.  Learn more.

The Master of Science in Applied Economics (MSAE) program provides training in technical skills needed by professional economists and analysts.  The program emphasizes the application of advanced quantitative techniques to provide insights into specific business or policy challenges and allows students to specialize in various
areas of economics to align coursework to their academic and professional goals.

Applied Learning

The MSAE curriculum is designed to prepare graduates to design, develop, and interpret economic models that solve real problems confronting business and government.  Students learn economic theory and quantitative techniques and apply their knowledge and technical skills within MSAE courses, the program’s comprehensive exam, and a culminating professional project.  Learn more about the MSAE.

Flexibility The MSAE may be completed within one calendar year, or through part-time enrollment in combination with work or other commitments.  Courses are offered in the evenings.  The MSAE core is offered on-campus.  Courses within MSAE specializations may be offered on-campus or online.

 

Career Impact: Graduates work in diverse industries including government, finance, manufacturing, retail, non-profit and more.  A typical graduate of the Master of Science in Applied Economics program has excellent placement opportunities as an applied economist, with a starting salary about $25,000 to $30,000 above that of an undergraduate.  Learn more about MSAE career opportunities and outcomes.

 

 

30

Credits

ST

STEM Designated

5

Specializations

 

 

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