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QS Rank:

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275

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University of Massachusetts Amherst

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Massachusetts

United States

The Master of Arts in Economics program at the University of Massachusetts Amherst is designed for individuals who are passionate about understanding the intricacies of economic theories and applying them to real-world scenarios. This program offers a comprehensive curriculum that dives deep into the methodologies of economics, equipping students with the analytical skills necessary to thrive in various sectors. From public policy to finance, the scope of economics is vast, and this program prepares graduates to navigate this complexity effectively.

With a duration of 24 months, the program focuses on both theoretical and applied aspects of economics. Students will engage in rigorous coursework that includes core subjects such as Microeconomics, Macroeconomics, Econometrics, and Development Economics. Electives allow students to specialize in areas of interest, offering flexibility to tailor their educational experience. This diversity in course offerings ensures that students gain a well-rounded education, enhancing their job market readiness upon graduation.

A significant advantage of studying at the University of Massachusetts Amherst is the esteemed faculty who bring a wealth of knowledge and experience to the classroom. Faculty members are renowned scholars and practitioners in their fields, providing students with insights that bridge academic theories and real-world applications. Teaching methodologies emphasize interactive learning, encouraging students to engage in discussions, collaborate on projects, and participate in seminars that enrich their academic journey.

The program also prioritizes research opportunities, fostering an environment where students can explore their interests deeply. The university is equipped with state-of-the-art research facilities, allowing students to engage in cutting-edge studies. Students are encouraged to contribute to ongoing research projects or even initiate their own, often resulting in published work that can greatly enhance their academic profiles.

Industry connections play a pivotal role in the success of the Master's program at UMass Amherst. The university maintains strong relationships with various organizations and institutions, providing ample internship opportunities. These connections not only allow students to gain practical experience but also facilitate networking, helping them to build relationships with potential employers. Graduates of the program are well-regarded in the job market, with many securing positions in prestigious firms and government agencies.

The Master's program in Economics opens a myriad of career pathways for its graduates. Roles such as Economist, Market Research Analyst, Financial Analyst, and Policy Analyst are just a few of the careers available to alumni. With an average base salary of $60,000, graduates can expect a rewarding return on their investment in education. Moreover, the university boasts a strong alumni network, with many success stories of graduates making significant contributions in their respective fields.

In summary, the Master of Arts in Economics at the University of Massachusetts Amherst is not just an academic endeavor; it is a transformative experience that prepares students for successful careers in economics and beyond. With its blend of rigorous curriculum, distinguished faculty, extensive research opportunities, and industry partnerships, this program stands out as a premier option for aspiring economists.

Why Study Economics at the University of Massachusetts Amherst

  • A popular choice for international students with a diverse community, enhancing cultural awareness and collaboration.
  • Learn from distinguished faculty members who are experts in their fields, providing mentorship opportunities and facilitating research assistant roles.
  • Access high-end laboratories and research resources to support innovative research work and projects, contributing to the field’s advancement.
  • Benefit from excellent placement programs with strong ties to top employers, ensuring a smooth transition from academia to the professional world.
  • Enjoy a supportive learning environment that fosters critical thinking, analytical skills, and collaborative learning experiences.
  • Leverage a strong alumni network that provides valuable connections and mentorship opportunities, enhancing career prospects.

To gain admission into the Master of Arts in Economics program, prospective students must meet certain requirements. Applicants are expected to submit their academic transcripts, a resume detailing their educational and professional experiences, and academic letters of recommendation. The program does not require GRE scores, making it more accessible to a broader range of applicants. International students must also demonstrate proficiency in English, with an IELTS score of at least 6.5.

The University of Massachusetts Amherst provides an enriching environment for students to thrive academically while also preparing them for successful careers in economics. The combination of a rigorous curriculum, dedicated faculty, robust research opportunities, and strong industry connections makes this program an excellent choice for anyone looking to deepen their understanding of economics and make a meaningful impact in the field.

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Duration

24 Months

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Median Salary

$55,000

Ranking

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#67

US World and News Report

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#191

The World University Rankings

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#275

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

Others:

10%

New York:

10%

Connecticut:

4%

Pennsylvania:

4%

Massachusetts:

63%

California:

7%

New Jersey:

5%

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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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

$24,780 / 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 Massachusetts Amherst offers a variety of scholarships for students majoring in economics. These scholarships are based on academic merit, financial need, and other criteria. Some of the most popular scholarships include the John and Abigail Adams Scholarship, the Frederick Douglass Scholarship, and the Chancellor's Scholarship. To learn more about these scholarships and others, please visit the UMass Amherst website.
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    John and Abigail Adams Scholarship

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    Frederick Douglass Scholarship

FAQs

  • One can apply for scholarships to pursue their international education at University of Massachusetts Amherst 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.

  • A student can complete Economics at University of Massachusetts Amherst with in 24.

  • The application fee to pursue Economics at University of Massachusetts Amherst is USD 80 for international students.

  • The annual tuition fee to pursue Economics at University of Massachusetts Amherst is USD 24780.

  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Massachusetts Amherst. 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 Massachusetts Amherst 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 Massachusetts Amherst, 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 Massachusetts Amherst 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 Massachusetts Amherst website to check the course/ degree duration.

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