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Central Michigan University

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Michigan

United States

The Master's in Economics program at Central Michigan University is designed to provide students with a comprehensive understanding of economic theories, models, and practices. This program delves deeply into the complexities of both micro and macroeconomics, equipping students with the analytical skills necessary to excel in various economic sectors. With a duration of 24 months and an intake every Spring, this program is tailored for those looking to expand their knowledge and expertise in economics, fostering skills that are highly valued in the job market.

The curriculum is meticulously structured to cover essential topics such as advanced econometrics, economic theory, and quantitative analysis. Students will engage in rigorous coursework, combining theoretical learning with practical applications. Specific courses within the program may include Microeconomic Theory, Macroeconomic Theory, Econometrics, and Public Economics, each designed to deepen understanding and promote critical thinking. Students will also have the opportunity to undertake research projects that address real-world economic issues, allowing them to apply their learning in meaningful ways.

Faculty members at Central Michigan University are at the forefront of economic research, bringing a wealth of knowledge and expertise into the classroom. With a focus on interactive learning and mentorship, professors encourage students to engage actively in discussions and research initiatives. This pedagogical approach not only enhances the learning experience but also prepares students for successful careers as they develop the ability to analyze data critically and formulate evidence-based recommendations.

The program also emphasizes the importance of research opportunities and resources. Students have access to state-of-the-art facilities and laboratories, which are essential for conducting impactful economic research. The university promotes an environment that fosters innovation and inquiry, enabling students to explore various economic topics thoroughly. Additionally, the proximity to industry partners and local businesses provides students with a platform for collaboration and networking, paving the way for potential internships and job placements.

Graduates from the Master's in Economics program can look forward to a wide range of career pathways. The skill set acquired during the program opens doors to numerous roles including Statistician, Financial Analyst, Data Scientist, and Market Research Analyst. These roles are in high demand, and the average base salary for graduates is approximately $61,000, with many securing positions in reputable organizations. The program's strong emphasis on practical experience and industry connections ensures that students are well-prepared to enter the workforce confidently.

Alumni success stories further underscore the program's effectiveness. Graduates have gone on to work for leading financial institutions, government agencies, and international organizations, achieving significant career advancements. Testimonials from former students highlight the transformative nature of the program, noting the invaluable skills and knowledge gained during their studies, which have been crucial in their professional journeys.

The unique features of the Master's in Economics program at Central Michigan University distinguish it from others. The program not only focuses on traditional economic theories but also incorporates modern analytical techniques and software tools used in the industry. This forward-thinking approach ensures that students remain relevant in a rapidly evolving job market. Additionally, the diverse student body fosters a rich cultural exchange, enhancing the learning experience and preparing students for global careers.

Why Study Economics at Central Michigan University

  • A popular choice for international students, creating a vibrant and diverse community that enriches the educational experience.
  • Learn from distinguished faculty members who are leaders in the field and have the opportunity to work as their research assistants.
  • Access to high-end labs and resources that facilitate thorough economic research and analysis.
  • Excellent placement programs and career services that support students in finding internships and job opportunities post-graduation.
  • Comprehensive curriculum that balances theoretical knowledge with practical skills, preparing graduates for immediate employment.
  • Opportunities for interdisciplinary study and collaboration with other departments, enhancing the breadth of knowledge and experience.

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Duration

24 Months

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Median Salary

$58,000

Ranking

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#250

US World and News Report

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Intake

Spring ( Apr - June )

Class Profile

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Class Size

25

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Average Age

26

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Average Work Experience

3 Years

Diversity

Ohio:

15%

Others:

25%

Illinois:

10%

Michigan:

45%

Indiana:

5%

Career Outcomes

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Median Earnings After Graduation

$58,000 / year

Prospective Job Roles

Statistician

Economist

Financial Analyst

Quantitative Analyst

Risk Analyst

Data Scientist

Business Analyst

Market Research Analyst

Actuary

Operations Research Analyst

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    79

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  • IELTS

    6.5

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  • PTE

    53

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  • DUOLINGO

    100

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Statement of Purpose

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    Academic LOR

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    Resume

Application Deadlines

Standard Deadline
SpringSep 15, 2023

Fees and Funding

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Tuition Fees

$13,875 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Central Michigan University offers a variety of scholarships for students pursuing a master's degree in economics. These scholarships are based on academic merit, financial need, and other criteria. Some of the most popular scholarships include the Presidential Scholarship, the Provost's Scholarship, and the Dean's Scholarship. These scholarships can provide students with up to $20,000 in financial assistance.
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    The Central Michigan University

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    The National Bureau of Economic Research

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    The Federal Reserve Bank of New York

FAQs

  • A student can complete Economics at Central Michigan University with in 24.

  • The deadline to submit an admission application for Economics at Central Michigan University is Application deadline Spring (Standard Deadline) - date - 15/09/2023

  • The application fee to pursue Economics at Central Michigan University is USD 50 for international students.

  • The annual tuition fee to pursue Economics at Central Michigan University is USD 13875.

  • The submission of these scores mainly depends on the type of degree/ course selected at the Central Michigan University. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Central Michigan University requirements before submitting a score.

  • Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of Central Michigan University, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at Central Michigan University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Central Michigan University website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at Central Michigan University by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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