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QS Rank:

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16

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Cornell University

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New York

United States

The Master's in Applied Economics and Management - (MPS) program at Cornell University is a premier pathway for students seeking to delve deep into the world of economics and management. Housed within the renowned SC Johnson College of Business, this program is meticulously designed to equip aspiring economists and business leaders with robust analytical skills and a comprehensive understanding of economic principles. The program is structured to not only provide theoretical foundations but also to emphasize practical applications in real-world scenarios, ensuring that graduates are well-prepared for the challenges of today's dynamic business environment.

With a curriculum that spans various essential topics, including market analysis, consumer behavior, and data-driven decision-making, students will engage in rigorous coursework that promotes critical thinking and quantitative skills. Specific courses such as "Econometrics," "Market Analysis," and "Behavioral Economics" are integral to the program, offering students the tools needed to interpret and analyze complex economic data. The curriculum is continually updated to reflect the latest trends and practices in the field, ensuring that students are learning the most relevant and applicable content.

Additionally, Cornell's faculty comprises leading experts in economics and management who bring real-world experience and cutting-edge research into the classroom. These esteemed professors not only deliver high-quality education but also foster a collaborative learning environment where students can engage actively in discussions and projects. Faculty members often include students in their own research initiatives, providing invaluable mentorship and insight into the academic and professional realms of economics.

A standout feature of the MPS in Applied Economics and Management is the strong emphasis on research. Students have access to an abundance of resources, including state-of-the-art laboratories and research centers. Opportunities abound for collaborative projects, enabling students to work alongside faculty and fellow scholars on impactful studies that can influence policy and business practices. Furthermore, the program encourages participation in conferences and workshops, allowing students to showcase their work and network with industry professionals.

The program’s connections to the industry are particularly noteworthy. Cornell University boasts an extensive alumni network and partnerships with leading companies across various sectors. This opens doors for internships and job placements, giving students practical experience and insights into their future career paths. The curriculum is designed to foster skills that are in high demand, such as data analysis, strategic thinking, and effective communication, preparing graduates for diverse roles across industries.

Graduates of the MPS in Applied Economics and Management program are well-equipped to enter the workforce as proficient analysts, consultants, and decision-makers. Prospective job roles include Product Manager, Financial Analyst, Data Scientist, and Management Consultant, among others. The high median base salary of approximately $115,000 reflects the program's success in preparing students for lucrative career opportunities. Alumni testimonials speak to the transformative nature of the program, highlighting their preparedness and competitiveness in the job market.

Why Study Applied Economics and Management - (MPS) at Cornell University

  • A popular choice for international students with a diverse community that enriches learning experiences.
  • Learn from top faculty members who are leaders in their fields and have real-world experience.
  • Access to cutting-edge labs and resources that enhance research and learning outcomes.
  • Strong internship programs and industry connections that lead to excellent job placements after graduation.
  • Comprehensive curriculum that covers essential topics and methodologies in applied economics.
  • Opportunity to engage in meaningful research projects and contribute to the field of economics.
  • A strong alumni network that supports career advancement and professional development.

Admission to this program requires a solid academic background and a variety of essential documents. Applicants must submit their official transcripts, a statement of purpose, a resume, and academic letters of recommendation. A video interview may also be part of the application process to assess candidates' interpersonal skills and fit for the program.

Prospective students must demonstrate proficiency in English through standardized tests such as the IELTS or TOEFL. The minimum score for the IELTS is 7.0, while the TOEFL requires a score of at least 77. This ensures that all students can engage fully with the curriculum and participate in collaborative projects effectively.

In summary, the Master's in Applied Economics and Management - (MPS) at Cornell University is an excellent choice for those looking to build a successful career in economics and business management. The program's unique combination of a rigorous curriculum, exceptional faculty, and strong industry connections positions graduates for success in a competitive job market. With a clear focus on research and practical learning, students are not only prepared academically but are also empowered to make meaningful contributions to their respective fields.

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Duration

12 Months

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Median Salary

$1,15,000

Ranking

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#17

US World and News Report

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#20

The World University Rankings

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#16

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

100

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Average Age

25

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Average Work Experience

3 Years

Diversity

California:

15%

Illinois:

5%

Texas:

10%

Florida:

4%

New York:

20%

Others:

46%

Career Outcomes

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Median Earnings After Graduation

$1,15,000 / year

Prospective Job Roles

Product Manager

Software Engineer

Sales Manager

Financial Analyst

Accountant

Data Analyst

Management Consultant

Investment Banker

Data Scientist

Marketing Manager

Operations Manager

Research Analyst

Business Analyst

Strategy Consultant

UX Designer

Project Manager

Business Development Manager

Analyst

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    7

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  • TOEFL

    77

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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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    Resume

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    Video Interview

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    Academic LOR

Application Deadlines

Round 1Round 2Round 3Round 4
FallDec 1, 2023Jan 15, 2024Mar 1, 2024Apr 15, 2024

Fees and Funding

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Tuition Fees

$65,204 / 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 Cornell University Master of Professional Studies in Applied Economics and Management (MPSAEM) is a two-year, full-time program that prepares students for careers in business, government, and non-profit organizations. The program offers a rigorous curriculum in economics, finance, and management, as well as a strong foundation in quantitative methods. Students also have the opportunity to participate in a variety of extracurricular activities, such as the student-run investment club and the consulting club. The MPSAEM is a highly competitive program, and admission is based on academic achievement, professional experience, and letters of recommendation.
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    The Woodrow Wilson Foundation

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    The Alfred P. Sloan Foundation

FAQs

  • Applied Economics and Management - (MPS) 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 Cornell University, they can easily pursue Applied Economics and Management - (MPS). 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 Cornell 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 Cornell University website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at Cornell 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.

  • A student can complete Applied Economics and Management - (MPS) at Cornell University with in 12.

  • The deadline to submit an admission application for Applied Economics and Management - (MPS) at Cornell University is Application deadline Fall (Round 1) - date - 01/12/2023 ,Application deadline Fall (Round 2) - date - 15/01/2024 ,Application deadline Fall (Round 3) - date - 01/03/2024 ,Application deadline Fall (Round 4) - date - 15/04/2024

  • The application fee to pursue Applied Economics and Management - (MPS) at Cornell University is USD 105 for international students.

  • The annual tuition fee to pursue Applied Economics and Management - (MPS) at Cornell University is USD 65204.

  • The Applied Economics and Management - (MPS) at Cornell University has 2 semesters.

  • The submission of these scores mainly depends on the type of degree/ course selected at the Cornell 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 Cornell University requirements before submitting a score.

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