Master of Arts in Economics

The Master of Arts in Economics at Lakehead University is meticulously designed to empower students with a profound understanding of economic theories, quantitative methods, and research techniques that are essential in today's dynamic business environment. This program not only provides theoretical knowledge but also emphasizes practical applications, ensuring that graduates are equipped to analyze real-world economic issues critically. By integrating both foundational courses and specialized electives, students can tailor their educational experience to fit their career aspirations, whether in policy analysis, market research, or data science.

The curriculum covers a broad spectrum of topics such as microeconomic and macroeconomic theory, international trade, econometrics, and public policy. Core courses are complemented by electives that allow students to delve deeper into areas of interest, such as environmental economics or labor economics, providing a comprehensive education that prepares them for a variety of roles in the economic field. The program duration is typically 24 months, with intakes available in Fall, Spring, and Winter, making it accessible for students from diverse backgrounds and timelines.

Faculty expertise plays a pivotal role in the educational experience at Lakehead University. Professors in the Economics department are not only highly qualified but also actively engaged in research and policy work, bringing real-world insights into the classroom. This blend of academic rigor and practical experience allows students to learn from experts who are at the forefront of their fields. The faculty's commitment to mentoring students ensures personalized attention and guidance, fostering a rich learning environment where students can thrive.

The program also places a strong emphasis on research opportunities, providing students with access to state-of-the-art resources and facilities. Students can collaborate with faculty on research projects, allowing them to develop their analytical skills and contribute to the field of economics. Additionally, the university's strong ties with industry leaders facilitate internships and job placements, giving students a competitive edge in the job market. These connections are invaluable for gaining practical experience and building a professional network that can lead to future employment opportunities.

Upon graduation, students are well-prepared for a range of career pathways, including positions as economists, financial analysts, policy analysts, and data scientists. The median base salary for graduates entering the workforce is approximately $55,000, reflecting the program's effectiveness in preparing students for lucrative careers. Alumni of the program have successfully transitioned into roles with government agencies, private corporations, and nonprofit organizations, underscoring the program's strong reputation and the high demand for skilled economists.

Why Study Economics at Lakehead University

• A leading program that enjoys a global reputation, consistently ranking among the top universities worldwide, making it a prestigious addition to your academic journey.
• Benefit from a diverse international community, with 15% of students being international, fostering a rich cultural exchange and collaborative learning atmosphere.
• Work closely with esteemed faculty members who bring extensive industry experience and research expertise, enhancing your academic learning with practical insights.
• Access to cutting-edge laboratories and research facilities designed to support rigorous academic inquiry and foster innovative thinking in economics.
• Excellent career services and placement programs designed to connect students with employers, ensuring a seamless transition from education to employment.
• Opportunities for internships and cooperative education programs with leading organizations, providing hands-on experience and enhancing your resume.

To be eligible for the Master of Arts in Economics, applicants must submit a comprehensive application, including a transcript of previous academic work, a resume, and academic letters of recommendation. Additionally, proficiency in English is required, with tests such as IELTS (minimum score of 6.5), TOEFL (minimum score of 80), PTE (minimum score of 58), or Duolingo (minimum score of 110) serving as acceptable measures of language skills.

Overall, the Master of Arts in Economics at Lakehead University not only prepares students academically but also equips them with the skills and experiences necessary to excel in various economic roles. With a strong curriculum, access to experienced faculty, and a focus on practical learning, students will emerge as competent professionals ready to tackle economic challenges in various sectors. The program’s commitment to creating a supportive learning environment ensures that all students can maximize their potential and achieve their career goals.