Master in Applied Economics

The Master in Applied Economics program at the University of California, Los Angeles (UCLA) stands as a premier choice for individuals seeking to deepen their understanding of economic principles while applying them to real-world challenges. This program is designed to deliver a robust foundation in economic theory, quantitative analysis, and practical application of economic concepts. It aims to cultivate analytical thinkers who can tackle complex economic issues, making graduates highly sought after in various sectors including government, academia, and private industry.

Spanning a rigorous 18-month course duration, this master’s program encompasses a carefully curated curriculum that combines theoretical coursework with hands-on experience. Students will engage in a series of core courses that cover essential topics such as microeconomics, macroeconomics, econometrics, and applied economics. Additionally, specialized courses allow students to explore areas including labor economics, international trade, and public policy economics, facilitating a comprehensive understanding of how economic theories apply across different contexts.

UCLA’s Department of Economics prides itself on the caliber of its faculty, who are recognized leaders in their respective fields. The faculty members employ a dynamic teaching methodology that encourages critical thinking and real-world application. With a commitment to fostering an engaging learning environment, instructors use a mix of traditional lectures, interactive discussions, and case studies. This multifaceted approach ensures students not only grasp theoretical concepts but also learn to apply them in practice. Faculty members are readily accessible, providing mentorship and guidance throughout the program, which enhances the learning experience and contributes to student success.

Research opportunities abound within UCLA’s vibrant academic community. The Department of Economics encourages students to participate in cutting-edge research projects, often collaborating with faculty on published studies. Access to extensive resources, including economic databases, journals, and software tools, enhances the research experience. Moreover, students are encouraged to attend workshops, seminars, and conferences, which facilitate networking with industry professionals and researchers alike. This exposure not only enriches students’ knowledge but also prepares them for potential careers in research-oriented environments.

One of the standout features of the Master in Applied Economics program is its strong connections to industry, which opens doors for valuable internships and job placements. UCLA’s location in California, a hub for innovation and economic activity, provides students with unparalleled access to leading firms, government agencies, and think tanks. The program prioritizes practical experience, requiring students to undertake internships that reinforce their academic knowledge and enhance their resumes. These experiences often lead to full-time job offers post-graduation, as students demonstrate their capabilities in real-world settings.

Graduates of the program are well-positioned for diverse career pathways. Data from past cohorts reveal a high placement rate in various sectors, including finance, consulting, public policy, and academia. Alumni have gone on to hold influential roles in prestigious organizations such as the Federal Reserve, World Bank, and numerous Fortune 500 companies. The strong alumni network provides current students with mentorship, job leads, and networking opportunities, further enhancing the program's attractiveness.

Unique to UCLA’s Master in Applied Economics program is its emphasis on applied learning and the diverse methodologies utilized in teaching. This ensures that students not only learn theoretical concepts, but also develop practical skills that can be directly applied in their careers. The curriculum is regularly updated to reflect current trends and challenges in the economy, ensuring that graduates are equipped with relevant and timely knowledge. Additionally, the program’s commitment to diversity and inclusion creates a rich learning environment where students from various backgrounds can share perspectives and insights.

The application process for the Master in Applied Economics program is straightforward, though it involves several key requirements. Candidates must submit an application fee of $140 along with their academic transcripts, letters of recommendation, and personal statement. While standardized test scores such as the GRE are not required, international students must demonstrate proficiency in English, typically through the IELTS or TOEFL exams. An IELTS score of 7.0 or higher, or a TOEFL score of 87 or above, is recommended to ensure effective communication within the classroom.

Why Study Master in Applied Economics at UCLA

• Access to a world-renowned faculty with expertise in various fields of economics, ensuring a high-quality educational experience.
• Engaging curriculum that combines theoretical knowledge with practical applications, preparing students for real-world challenges.
• Strong industry connections that facilitate internships and job placements, enhancing career prospects for graduates.
• Vibrant research opportunities that encourage collaboration with faculty and contribute to the advancement of economic knowledge.
• A commitment to diversity and inclusion, fostering a rich academic environment where a range of perspectives enhances learning.
• A thriving alumni network that provides mentorship and job opportunities, connecting current students with successful graduates.