Master of Science in Economics

The Master of Science in Economics program at Indiana University-Purdue University Indianapolis (IUPUI) is designed to equip students with a robust understanding of economic theories and analytical techniques. This comprehensive curriculum covers essential topics such as microeconomics, macroeconomics, econometrics, and various specialized fields, providing students with the analytical tools necessary for rigorous economic research and data interpretation. With a strong emphasis on real-world application, students will engage in practical projects and case studies that deepen their understanding of economic concepts and their implications in the global market.

At IUPUI, the Economics program stands out for its blend of theoretical knowledge and practical skills. The curriculum is thoughtfully structured to include core courses that lay the foundation of economic principles, while elective courses allow students to tailor their education to specific interests, such as public economics, labor economics, and international economics. This flexibility not only helps students hone their areas of expertise but also prepares them for diverse career paths in various sectors.

The faculty members within the School of Liberal Arts are a cornerstone of the program's success. Comprising renowned scholars and experienced practitioners, the faculty is dedicated to fostering a stimulating learning environment. They utilize innovative teaching methodologies that emphasize active learning and critical thinking. Students benefit from one-on-one interactions and mentoring from faculty members, many of whom are involved in cutting-edge research projects that address contemporary economic challenges. This mentorship model cultivates a culture of inquiry and creativity among students, empowering them to become independent thinkers and researchers.

Research opportunities abound at IUPUI, providing students with access to vital resources and facilities. The campus is home to various research centers that focus on critical economic issues, allowing students to collaborate on projects that have real societal impact. This hands-on experience not only enhances their learning but also strengthens their resumes as they prepare to enter the job market. By participating in these research initiatives, students can develop a portfolio of work that showcases their skills and insights, making them highly competitive candidates for future employment.

Furthermore, IUPUI's strong connections with industry and diverse internship opportunities enable students to gain practical experience and build professional networks. The program's collaborations with local businesses, government agencies, and non-profit organizations provide students with numerous chances to apply their knowledge in real-world settings. Internships often lead to job offers upon graduation, as employers value the skills and experiences that IUPUI graduates bring to the table. The average base salary for graduates of the program is approximately $62,000, reflecting the high demand for skilled economists in today’s job market.

Graduating from IUPUI also opens doors to various career pathways. Alumni have successfully pursued roles as Statisticians, Economists, Financial Analysts, Quantitative Analysts, and more. The broad scope of job opportunities in sectors such as finance, academia, public policy, and consulting illustrates the program's versatility. Many alumni have shared their success stories, highlighting how the skills and knowledge they acquired during their studies enabled them to land prestigious positions and advance in their careers.

Unique features of the Master of Science in Economics program further distinguish it from others. The program not only emphasizes academic excellence but also fosters a vibrant community of learners. Students benefit from a culturally diverse environment that enriches their educational experience and prepares them for a globalized workforce. Moreover, the absence of GRE requirements makes the application process more accessible, allowing a broader range of applicants to pursue their academic and professional ambitions.

Prerequisites for admission to the program include a bachelor’s degree from an accredited institution and relevant academic coursework in economics or related fields. Prospective students must also submit a transcript, a resume, and an academic letter of recommendation as part of their application. For international students, proof of English proficiency is crucial, with TOEFL scores of at least 80 or IELTS scores of 6.5 required for admission.

Why Study Economics at Indiana University-Purdue University Indianapolis

• A popular choice for international students, fostering a diverse community that enhances cultural learning and collaboration.
• Learn from leading faculty members who are experts in their fields and have extensive professional experience.
• Access to high-end research labs and facilities designed to facilitate innovative economic research and analysis.
• Excellent placement programs that support students in securing internships and job opportunities upon graduation, ensuring a smooth transition into the workforce.
• Opportunities for hands-on learning through collaborative research projects, internships, and community engagement initiatives.
• A strong alumni network that provides ongoing support and professional connections for graduates as they advance in their careers.