Master of Science in Applied Economics

The Master of Science in Applied Economics program at The George Washington University is meticulously designed to equip students with the analytical tools and theoretical foundations necessary to thrive in today's complex economic landscape. This program is not just about acquiring knowledge; it's about applying that knowledge to real-world situations. By focusing on core areas such as econometrics, microeconomics, and macroeconomics, students will engage with both quantitative and qualitative analyses. The curriculum emphasizes practical skills alongside theoretical understanding, empowering graduates to make data-driven decisions in various sectors including finance, government, and research.

The structure of the program allows for a unique blend of courses tailored to meet the demands of the modern workforce. Key courses such as Applied Econometrics, Microeconomic Theory, and Macroeconomic Analysis form the backbone of the curriculum, providing students with robust analytical frameworks. Additionally, elective courses such as Behavioral Economics and Economic Policy Analysis enable students to explore niche areas that interest them, fostering a personalized learning experience. The program’s flexibility ensures that students can align their studies with their career aspirations, enhancing their employability upon graduation.

Faculty expertise is another hallmark of the Applied Economics program at The George Washington University. The faculty consists of renowned economists who are not only distinguished scholars but also practitioners in their fields. They employ a teaching methodology that integrates research and practical applications, ensuring students are well-prepared to tackle real-world economic issues. The faculty is accessible and dedicated to mentoring students, which not only enhances the learning experience but also contributes to a collaborative educational environment that fosters critical thinking and innovative problem-solving.

In addition to an exceptional curriculum and faculty, students at The George Washington University benefit from unparalleled research opportunities. The program encourages students to engage in research projects that align with their interests and career goals. Access to state-of-the-art facilities and resources allows students to conduct empirical research, collaborate with faculty on ongoing projects, and contribute to publications in prestigious journals. These experiences significantly enhance students' academic profiles and prepare them for future endeavors in academia or industry.

Furthermore, the program's strong connections with industry leaders provide vital internship and job placement opportunities. The university's location in the heart of Washington, D.C., offers students access to numerous governmental and non-governmental organizations, think tanks, and financial institutions. This unique positioning not only opens the door to internships but also facilitates networking opportunities that can lead to successful careers in economics. Graduates have gone on to secure positions as Statisticians, Economists, Financial Analysts, and more, reflecting the program's effectiveness in preparing students for various career pathways.

Alumni of the program have consistently reported high levels of satisfaction with their education and career outcomes. Many credit their success to the comprehensive training and support they received during their time at The George Washington University. With an average base salary of $75,000, graduates are well-positioned to enter the workforce and make meaningful contributions in their chosen fields. Testimonials from alumni highlight the program’s rigorous academic environment and the invaluable connections made during their studies, reinforcing the program's reputation as a leader in applied economics education.

Why Study Applied Economics at The George Washington University

• A prestigious program recognized for its strong curriculum and high graduate employability rates.
• Access to distinguished faculty members who are leaders in their respective fields and provide personalized mentorship.
• Extensive research opportunities complemented by high-end laboratories and resources that encourage innovation and exploration.
• Strong industry connections that facilitate internship placements and job opportunities with top organizations in Washington, D.C.
• A commitment to diversity with a significant number of international students, enriching the learning environment.
• Comprehensive career services that assist students in preparing for their job search and connecting with potential employers.

Admission to the Master of Science in Applied Economics program is competitive, and applicants are expected to meet certain requirements to ensure they are prepared for the rigor of the curriculum. Candidates are required to submit a transcript from their previous academic institution, a statement of purpose detailing their interest in economics, an academic letter of recommendation, and a resume highlighting their academic and professional experiences.

Additionally, international students must demonstrate proficiency in English through standardized tests such as the TOEFL, with a minimum score of 80, IELTS, with a minimum score of 6.0, or PTE, with a minimum score of 53. The program does not require GRE scores, allowing for a more accessible admission process for potential candidates.

With an application deadline for the Spring intake set for October 1st, 2023, prospective students are encouraged to begin preparing their applications early. The comprehensive nature of this program, combined with the resources and support provided by The George Washington University, makes it an excellent choice for anyone looking to advance their understanding of applied economics and embark on a successful career in this dynamic field.