
DePaul University

Illinois
,United States

Program Name
Master of Science in Economics and Policy Analysis

Deadline
October 15th, 2023
Overview

The Master of Science in Economics and Policy Analysis at DePaul University is meticulously designed to cultivate deep analytical skills and a comprehensive understanding of economic theories and policy frameworks. With a specialization in Development Economics and International Development, this program provides students with the essential tools to navigate complex economic landscapes, making it one of the most sought-after courses for those looking to forge a successful career in economics and policy analysis. The curriculum emphasizes both theoretical foundations and practical applications, ensuring graduates are well-equipped to address real-world challenges in various sectors.
At DePaul University, students can expect a robust curriculum that includes courses such as Microeconomics, Macroeconomics, Econometrics, and Development Policy Analysis. Each course is crafted to deepen students’ understanding of economic models, statistical methods, and policy implications, thus fostering critical thinking and innovative problem-solving abilities. The program also features elective courses that allow students to tailor their educational experience according to their career aspirations, whether that be in international development, financial policy, or sustainable economics.
The faculty at DePaul University is comprised of distinguished scholars and seasoned professionals in the fields of economics and public policy. Their extensive expertise, combined with a passion for teaching, enables them to deliver a dynamic learning environment. Students will benefit from close interactions with professors who are not only educators but also active researchers and industry experts. The faculty's commitment to mentoring allows students to engage in transformative research projects, enhancing their analytical skills and understanding of complex economic issues.
In addition to a rich curriculum, the Master of Science in Economics and Policy Analysis program offers unparalleled research opportunities. Students are encouraged to participate in various research initiatives, working alongside faculty members on projects that explore pressing economic issues. The access to high-end research labs and resources equips students with the necessary skills to conduct original research, publish findings, and contribute meaningfully to the academic community. This hands-on experience is invaluable, especially for those looking to pursue careers in research or academia.
Industry connections are another significant advantage of the program. DePaul University’s strong network with local and national organizations facilitates numerous internship opportunities. Students can gain practical experience by working with government agencies, non-profits, and private sector firms, further bridging the gap between theoretical knowledge and real-world applications. These internships not only enhance students' resumes but also increase their employability in a competitive job market.
Career pathways for graduates of the Master of Science in Economics and Policy Analysis are diverse and robust. Alumni have successfully secured positions as Economists, Policy Analysts, Financial Analysts, and Research Consultants. The average base salary for graduates in this field is substantially competitive, with many reporting starting salaries around $60,000 to $65,000 annually. The practical skills honed during the program, coupled with DePaul's strong career development support, empower graduates to thrive in numerous sectors, including finance, education, and government.
Alumni success stories reflect the high caliber of education at DePaul. Graduates have gone on to work for renowned organizations, influencing policy decisions and driving economic initiatives globally. Testimonials reveal that the program’s rigorous training and the faculty’s guidance were pivotal in shaping their careers. Many alumni express appreciation for the program's emphasis on practical experience and critical thinking, which has enabled them to tackle significant economic challenges in their careers.
Unique features that distinguish the Master of Science in Economics and Policy Analysis program include its interdisciplinary approach, integrating insights from economics, political science, and sociology. This comprehensive perspective prepares students to analyze issues from multiple angles and propose well-rounded solutions. Additionally, the program is flexible, offering courses in both Fall and Winter intakes, making it convenient for students from various backgrounds to join at a time that suits them best.
Admission to this highly regarded program requires prospective students to submit a range of application materials. Essential documents include a transcript, an essay that articulates the applicant's goals and motivations, and a professional resume. Strong letters of recommendation from academic sources are also required, ensuring that applicants have a solid academic foundation. The program has a competitive application process, emphasizing the importance of academic readiness and personal commitment to the field of economics.
Why Study Economics and Policy Analysis at DePaul University
- A diverse and inclusive international student community enhances the learning experience.
- Engage with award-winning faculty members who are leaders in their fields and become their research assistants for hands-on experience.
- Access to state-of-the-art labs and research resources that support innovative and impactful research work.
- Comprehensive career placement programs that ensure job readiness and connect students with potential employers post-graduation.
- A flexible curriculum tailored to your interests and career goals, enabling specialization in various economic sectors.
- Strong connections with local and national organizations that offer internship and job placement opportunities.

Median Salary
$60,000
Ranking
#1526
US World and News Report

Intake
Fall ( Sept - Nov )

Intake
Winter ( Jan - Mar )
Class Profile

Class Size
30

Average Age
25

Average Work Experience
2 Years
Diversity
International:
10%African American:
16%Asian American:
14%Hispanic American:
13%White American:
54%Others:
3%Career Outcomes

Median Earnings After Graduation
$60,000 / year
Prospective Job Roles
Economist
Teacher
Financial Analyst
Policy Analyst
Researcher
Writer
Analyst
Consultant
Top recruiters














Eligibility Criteria
English Proficiency Tests
TOEFL
80
IELTS
6.5
PTE
53
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.
Transcript
Essay
Resume
Academic LOR
Application Deadlines
Standard Deadline | |
---|---|
Fall | Jun 15, 2023 |
Winter | Oct 15, 2023 |
Fees and Funding

Tuition Fees
$26,976 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
The Chicago Scholarship Foundation
DePaul University
The American Economic Association
The Ford Foundation
The National Association of Black Economists
FAQs
The submission of these scores mainly depends on the type of degree/ course selected at the DePaul 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 DePaul University requirements before submitting a score.
Economics and Policy Analysis 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 DePaul University, they can easily pursue Economics and Policy Analysis. 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 DePaul 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 DePaul University website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at DePaul 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.
The deadline to submit an admission application for Economics and Policy Analysis at DePaul University is Application deadline Fall (Standard Deadline) - date - 15/06/2023 ,Application deadline Winter (Standard Deadline) - date - 15/10/2023
The application fee to pursue Economics and Policy Analysis at DePaul University is USD 60 for international students.
The annual tuition fee to pursue Economics and Policy Analysis at DePaul University is USD 26976.
Ready to elevate your study abroad journey?
Book a call with us now and take the first step towards your global future!