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QS Rank:

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89

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Pennsylvania State University

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Pennsylvania

United States

The Master of Arts in Economics program at Pennsylvania State University is meticulously designed to arm students with profound insights into economic theories and practical applications. This rigorous academic journey spans over 24 months, during which students will delve deep into the fascinating world of financial economics, exploring vital areas such as econometrics, microeconomic and macroeconomic theory, and public policy analysis. The program's curriculum is structured to not only equip students with fundamental knowledge but also to cultivate critical thinking, advanced analytical skills, and a robust understanding of economic data interpretation and application.

At Penn State, the educational experience is enriched through a diverse range of courses such as Financial Economics, International Economics, and Behavioral Economics. Each course is designed with a practical focus, ensuring that students can apply their knowledge to real-world scenarios. Furthermore, the program incorporates hands-on training through case studies, simulations, and collaborative projects, which prepare graduates to tackle complex economic challenges in various sectors. The combination of theoretical foundations and practical training makes this program one of the most sought-after economics degrees globally.

The faculty at the College of Liberal Arts consists of accomplished scholars and industry experts who bring a wealth of knowledge and experience into the classroom. They employ innovative teaching methodologies that blend traditional lectures with interactive discussions and workshops. The professors encourage student engagement and foster a collaborative learning environment, where students can freely exchange ideas and challenge conventional economic theories. As research assistants, students have the opportunity to work closely with faculty members on groundbreaking economic research, further enhancing their academic experience.

Research opportunities abound at Penn State, with the university being home to various research centers dedicated to economics and public policy. Students can engage in projects that explore pressing economic issues, leveraging state-of-the-art resources and technology. This hands-on experience not only enhances their understanding of economic principles but also prepares them for a competitive job market by providing them with the skills necessary for data analysis, research methodology, and pragmatic problem-solving.

Furthermore, the program prides itself on maintaining strong connections with industry leaders, which greatly benefits students in their quest for internships and future employment. Penn State’s extensive network allows students to connect with potential employers, participate in internships, and attend networking events that bridge the gap between academia and the professional world. Graduates of the program find themselves prepared for diverse career pathways, including roles in finance, government, consulting, and academia. Alumni of the program have successfully secured positions at renowned organizations, showcasing the program's effectiveness in paving the way for promising careers.

Why Study MA in Economics at Pennsylvania State University?
The MA in Economics program at Penn State stands out for a multitude of reasons, ensuring students receive an education that is both comprehensive and applicable in real-world contexts. Here are some compelling reasons to consider this program:

  • The program is internationally recognized for its academic excellence, consistently ranking among the top economics programs globally.
  • Students benefit from a highly diverse and collaborative environment, with a significant percentage of international students enriching the classroom experience.
  • World-class faculty members who are leading researchers in their fields provide mentorship and guidance, enhancing students' learning and research capabilities.
  • Access to cutting-edge research facilities and resources that support innovative economic research and inquiry.
  • Strong connections with local and national businesses provide excellent internship opportunities, leading to high job placement rates post-graduation.
  • A robust alumni network that supports and fosters connections for current students, aiding in career advancement.

To apply for the MA in Economics program, candidates must meet specific eligibility requirements, which include holding an undergraduate degree from an accredited institution, demonstrating academic excellence, and providing relevant application materials. The application process includes a fee of $65, and while standardized test scores like the GRE are not explicitly required, applicants are advised to check for any updates regarding GRE policies. International applicants must also demonstrate English language proficiency, with a minimum TOEFL score of 80 as a prerequisite.

In summary, pursuing a Master of Arts in Economics at Pennsylvania State University is an investment in an intellectually stimulating and professionally rewarding future. The program's rigorous curriculum, coupled with exceptional faculty support, research opportunities, and industry connections, positions graduates for success in various economic roles. With its commitment to academic excellence and real-world application, Penn State's MA in Economics program is an excellent choice for aspiring economists and financial analysts alike.

intake

Duration

24 Months

Ranking

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#80

US World and News Report

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#89

QS World University Rankings

Class Profile

Diversity

International:

5%

Others:

5%

New Jersey:

15%

New York:

10%

Pennsylvania:

65%

Eligibility Criteria

English Proficiency Tests

  • TOEFL

    80

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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.

intake

Application Fee: 65

      Application Deadlines

      Fees and Funding

      intake

      Tuition Fees

      $25,995 / year

      FAQs

      • To apply for the MA in Economics program, candidates must meet the following eligibility requirements:

        • Hold an undergraduate degree from an accredited institution.
        • Demonstrate academic excellence.
        • Provide relevant application materials.

        The application process includes a fee of $65. While standardized test scores like the GRE are not explicitly required, applicants should check for any updates regarding GRE policies. Additionally, international applicants must demonstrate English language proficiency, with a minimum TOEFL score of 80 as a prerequisite.

      • The MA in Economics program at Pennsylvania State University spans over 24 months. During this time, students engage with a rigorous curriculum that covers various economic theories and practical applications. Key areas of focus include:

        • Financial Economics
        • International Economics
        • Behavioral Economics
        • Econometrics
        • Microeconomic and Macroeconomic Theory
        • Public Policy Analysis

        The program is designed to equip students with fundamental knowledge while also cultivating critical thinking and advanced analytical skills necessary for interpreting and applying economic data.

      • The faculty at the College of Liberal Arts at Penn State employs innovative teaching methodologies that combine traditional lectures with interactive discussions and workshops. This approach encourages student engagement and fosters a collaborative learning environment. Additionally, professors facilitate opportunities for students to work as research assistants, allowing them to engage closely with faculty members on groundbreaking economic research.

      • The MA in Economics program at Penn State incorporates hands-on training through:

        • Case studies
        • Simulations
        • Collaborative projects

        This practical focus prepares students to tackle complex economic challenges across various sectors, enhancing their understanding of economic principles and providing the skills necessary for data analysis, research methodology, and pragmatic problem-solving.

      • Graduates of the MA in Economics program at Penn State find themselves well-prepared for diverse career pathways, including roles in:

        • Finance
        • Government
        • Consulting
        • Academia

        Thanks to the program’s strong connections with industry leaders, students benefit from excellent internship opportunities, which contribute to high job placement rates post-graduation. Alumni have successfully secured positions at renowned organizations, highlighting the program's effectiveness in paving the way for promising careers.

      • The MA in Economics program at Penn State is distinguished by several compelling factors:

        • International recognition for academic excellence, consistently ranking among the top economics programs globally.
        • A highly diverse and collaborative environment, enriched by a significant percentage of international students.
        • World-class faculty members who are leading researchers, providing mentorship and enhancing students' learning and research capabilities.
        • Access to cutting-edge research facilities and resources that support innovative economic research and inquiry.
        • Strong connections with local and national businesses that provide excellent internship opportunities.
        • A robust alumni network that aids in career advancement for current students.

      • Penn State provides extensive research opportunities through various research centers dedicated to economics and public policy. Students can engage in projects that explore pressing economic issues, leveraging state-of-the-art resources and technology. This hands-on experience not only enhances their understanding of economic principles but also prepares them for a competitive job market by equipping them with the skills necessary for data analysis and research methodology.

      • Yes, the MA in Economics program at Pennsylvania State University includes courses such as International Economics, which emphasizes understanding economic issues from a global perspective. The program's diverse student body also enriches classroom discussions with various international viewpoints, further enhancing the learning experience related to global economic challenges.

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