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QS Rank:

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1001

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University of Arkansas

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Arkansas

United States

The Master of Arts in Economics program at the University of Arkansas is an esteemed academic journey designed for those eager to delve deep into the multifaceted world of economics. This program is not merely an educational endeavor; it is a rigorous exploration into economic theory, quantitative analysis, and policy-making, preparing students to understand and address real-world economic challenges. With a strong emphasis on both theoretical foundations and practical applications, students will engage in a curriculum that integrates the latest research methodologies with pressing economic issues, equipping them with the skills necessary for success in various professional arenas.

The curriculum encompasses a wide range of topics including microeconomics, macroeconomics, econometrics, and specialized areas such as behavioral economics and international trade. Core courses are designed to enhance analytical skills while elective options provide students the flexibility to tailor their education to their interests and career goals. The program also encourages interdisciplinary learning, allowing students to connect economic principles with insights from political science, sociology, and environmental studies. Such a broad perspective is crucial, especially in today’s globalized economy, where economic decisions are intertwined with social and environmental outcomes.

One of the standout features of the Master of Arts in Economics program is the faculty’s extensive expertise. Professors at the University of Arkansas are not only accomplished educators but also active researchers contributing to groundbreaking studies in various economic fields. Their commitment to student mentorship fosters an enriching academic environment where students can engage directly with faculty on research projects, gain insights from their experiences, and develop valuable academic relationships. The faculty's diverse backgrounds and research interests ensure that students receive a well-rounded education that is both current and relevant.

Furthermore, students in this program benefit from a wealth of research opportunities. The University of Arkansas is home to several research centers and institutes focused on economic analysis, which provide students with resources and support to conduct their own research. This hands-on experience is not only beneficial for academic growth but also enhances employability post-graduation. Students are encouraged to present their findings at conferences and publish their research, further solidifying their expertise and visibility in the academic community.

The University of Arkansas maintains strong industry connections, offering students numerous internship possibilities that bridge classroom learning with real-world applications. Collaborations with local businesses, government agencies, and non-profit organizations allow students to apply their knowledge in practical settings, enhancing their resumes and expanding their professional networks. Graduates of the program have successfully entered various sectors, including finance, education, public policy, and consulting, often securing roles such as economists, financial analysts, and market researchers, with a median starting salary of approximately $59,000.

Alumni of the Master of Arts in Economics program have consistently achieved remarkable career advancements, illustrating the program's effectiveness in preparing students for high-demand roles. Many alumni have gone on to work for prestigious organizations or have pursued doctoral studies in economics or related fields. Their success stories often highlight the robust foundation provided by the University of Arkansas, underscoring how the rigorous curriculum and active faculty engagement have played pivotal roles in their professional journeys.

Additionally, the program's unique features set it apart from other offerings. The small class sizes enhance student-faculty interaction, allowing for personalized guidance and mentorship. The diversity within the student body enriches classroom discussions and broadens perspectives, fostering a collaborative learning environment. Moreover, the university's commitment to providing high-quality education at an affordable price makes it an attractive option for both domestic and international students.

Admission to the program requires a bachelor’s degree in economics or a related field, along with a competitive GRE score and strong academic performance. Applicants must also submit a transcript, a resume, and an academic letter of recommendation as part of their application. International students need to demonstrate proficiency in English through standardized tests such as the TOEFL, IELTS, or PTE, ensuring that all students can thrive in an English-speaking academic setting.

In conclusion, pursuing a Master of Arts in Economics at the University of Arkansas is an investment in a future filled with opportunities. With a strong curriculum, dedicated faculty, ample research resources, and solid industry connections, this program not only prepares students for successful careers but also fosters a deep understanding of economic principles and their real-world applications.

Why Study Economics at the University of Arkansas

  • A transformative learning environment enriched by a diverse international community, enhancing cultural perspectives.
  • Opportunity to collaborate with leading faculty members who are also research mentors, fostering a strong academic partnership.
  • Access to state-of-the-art facilities and high-end labs equipped for comprehensive economic research and data analysis.
  • Robust career services and placement programs that connect students with leading employers in various sectors.
  • Strong alumni network that provides valuable connections and insights into various industries and career pathways.
  • Comprehensive extracurricular opportunities, including clubs and organizations focused on economics, fostering professional growth.

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Median Salary

$59,000

Ranking

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#750

US World and News Report

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#601

The World University Rankings

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#1001

QS World University Rankings

Class Profile

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Class Size

250

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Average Age

22

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Average Work Experience

1 Years

Diversity

Black or African American:

14%

Two or more races:

3%

Asian:

3%

Hispanic or Latino:

10%

White:

69%

Career Outcomes

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Median Earnings After Graduation

$59,000 / year

Prospective Job Roles

Economist

Teacher

Market Researcher

Financial Analyst

Investment Banker

Writer

Policymaker

Analyst

Consultant

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • PTE

    58

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  • TOEFL

    79

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  • IELTS

    6.5

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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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    Resume

Application Deadlines

Fees and Funding

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Tuition Fees

$17,850 / 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 University of Arkansas offers a variety of scholarships for students pursuing a master's degree in economics. These scholarships are based on academic merit, financial need, and other criteria. Some of the most popular scholarships include the Arkansas Graduate School Fellowship, the William F. Winter Scholarship, and the Donald W. Reynolds Scholarship.
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    Donald W. Reynolds Scholarship

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    Arkansas Graduate School Fellowship

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    William F. Winter Scholarship

FAQs

  • The application fee to pursue Economics at University of Arkansas is USD 60 for international students.
  • The annual tuition fee to pursue Economics at University of Arkansas is USD 17850.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Arkansas. 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 University of Arkansas 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 University of Arkansas, 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 University of Arkansas can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Arkansas website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Arkansas 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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