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McMaster University, Hamilton

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Ontario

Canada

Embark on an enriching journey with the Bachelor of Arts in Economics at McMaster University, located in the vibrant city of Hamilton, Ontario, Canada. This esteemed program is designed to equip students with both foundational and advanced knowledge in economics, making it one of the most sought-after degrees in the field. The curriculum is thoughtfully constructed to ensure that students not only grasp theoretical concepts but also apply them through hands-on learning experiences. With a combination of rigorous academic training and practical application, graduates emerge well-prepared for the dynamic world of economics.


The program boasts a diverse curriculum composed of core courses in microeconomics, macroeconomics, econometrics, and various elective courses that allow students to tailor their education according to their interests. Students can delve into specialized subjects such as international trade, public economics, and labor economics, providing them with a comprehensive understanding of the economic landscape. Moreover, the program emphasizes analytical skills and critical thinking, empowering students to tackle real-world economic issues effectively.


Instruction is led by a dedicated faculty of experienced scholars and industry professionals, each bringing a wealth of knowledge and expertise to the classroom. The teaching methodology combines traditional lectures with innovative pedagogical approaches, including case studies and interactive group discussions. This ensures that students are not only passive recipients of information but are actively engaged in their learning process. Faculty members prioritize mentorship, offering guidance and support throughout students’ academic journeys, fostering an environment that encourages inquiry and intellectual growth.


Students at McMaster University benefit from exceptional research opportunities and resources. The university houses state-of-the-art facilities and access to a multitude of databases, enabling students to conduct empirical research on various economic topics. Collaborative initiatives with research centers and institutes further enhance the learning experience, as students can engage in projects that contribute to the field of economics at large. The university's commitment to research excellence provides students with invaluable skills that are highly regarded in both academic and professional settings.


In addition to a robust academic framework, the Bachelor of Arts in Economics program offers extensive industry connections and internship possibilities. McMaster University's strong ties with leading organizations and industries facilitate numerous networking and internship opportunities for students. These experiences allow students to apply their theoretical knowledge in practical settings, enhancing their employability upon graduation. The supportive career services team actively works to connect students with potential employers, ensuring a smooth transition from academia to the professional world.


Graduates of the program are well-positioned for success in a variety of career pathways, including roles such as economist, financial analyst, policy analyst, and investment banker. The diverse skill set developed throughout the program opens doors to numerous sectors, including finance, government, education, and consulting. Alumni have reported an impressive median base salary of around $57,500, underscoring the program's effectiveness in preparing students for lucrative career opportunities.


Why Study Economics at McMaster University, Hamilton

  • Consistently recognized globally for academic excellence in economics.
  • Interactive learning environment with a focus on practical application
  • Highly qualified faculty with industry experience and academic credentials
  • Access to extensive research resources and opportunities for collaboration
  • Strong industry connections facilitating internships and job placements
  • A vibrant campus community that promotes diversity and global perspectives

To be eligible for admission to the Bachelor of Arts (BA) program in Economics at McMaster University, students must possess a strong academic record, with a minimum of 70% in Grade 12 English, Mathematics, and Social Studies. Additionally, prospective students are required to have at least 60% in all other Grade 12 subjects. The application process necessitates the submission of a personal statement and a resume, which serve as critical components for evaluation. An interview with a member of the Economics department may also be required for some applicants, ensuring they are a good fit for the program.


McMaster University is committed to supporting its students financially and offers several scholarships, including the prestigious McMaster University Scholarship in Economics. This full-tuition scholarship is awarded to students demonstrating exceptional academic performance in economics, promoting access to quality education for deserving students. Applicants must maintain a minimum GPA of 3.8 and submit a statement of interest detailing their goals and aspirations related to their studies.


With its comprehensive program structure, experienced faculty, robust research opportunities, and strong industry connections, the Bachelor of Arts in Economics at McMaster University stands out as a premier choice for students seeking to excel in the field of economics. The combination of academic rigor, practical experience, and a supportive community cultivates graduates who are not only knowledgeable but also skilled and ready to thrive in the competitive job market.


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Duration

36 Months

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Median Salary

$55,000

Ranking

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#133

US World and News Report

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#80

The World University Rankings

Class Profile

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Class Size

250

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Average Age

20

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Average Work Experience

0 Years

Diversity

Others:

10%

Quebec:

15%

Ontario:

45%

British Columbia:

10%

Alberta:

5%

Manitoba:

3%

Saskatchewan:

2%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Economist

Teacher

Market Researcher

Financial Analyst

Investment Banker

Quantitative Analyst

Policy Analyst

Researcher

Analyst

Consultant

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    60

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  • DUOLINGO

    115

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  • TOEFL

    86

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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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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$54,600 / 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 McMaster University Scholarship in Economics is a full-tuition scholarship that is awarded to students who have demonstrated academic excellence in the field of economics. The scholarship is open to students who are entering their first year of study at McMaster University. Applicants must have a minimum GPA of 3.8 and must submit a statement of interest that explains why they are interested in the scholarship and how they plan to use it to further their studies in economics.
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    The John Deutsch Institute for the Study of Economic Policy Scholarship

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    The McMaster University Scholarship in Economics

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    The Ontario Securities Commission Scholarship in Economics

FAQs

  • A student can complete Economics at McMaster University, Hamilton with in 36.
  • The application fee to pursue Economics at McMaster University, Hamilton is CAD 110 for international students.
  • The annual tuition fee to pursue Economics at McMaster University, Hamilton is CAD 54600.
  • The submission of these scores mainly depends on the type of degree/ course selected at the McMaster University, Hamilton. 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 McMaster University, Hamilton 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 McMaster University, Hamilton, 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 McMaster University, Hamilton can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official McMaster University, Hamilton website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at McMaster University, Hamilton 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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