
University of North Dakota

North Dakota
,United States

Program Name
Master's in Applied Economics
Overview

The Master's in Applied Economics at the University of North Dakota is a cutting-edge program designed for aspiring economists and data analysts looking to deepen their understanding of economic theories and apply them to real-world challenges. Over a comprehensive duration of 24 months, students engage with an extensive curriculum that emphasizes analytical skills, quantitative methods, and practical applications of economics. The program offers a perfect blend of rigorous academic coursework and hands-on experiences, ensuring that graduates are well-prepared to navigate the complexities of the economic landscape.
The curriculum is meticulously crafted to cover essential topics such as microeconomic and macroeconomic theory, econometrics, applied economic analysis, and policy evaluation. Core courses include Quantitative Methods for Economists, Applied Econometrics, Microeconomic Theory, and Macroeconomic Theory. Students also have the opportunity to specialize in areas that align with their career interests, such as Environmental Economics, Health Economics, and Labor Economics. This extensive selection of courses equips students with the knowledge and skills necessary to tackle contemporary economic issues and contributes to their professional development.
Faculty at the Nistler College of Business and Public Administration are renowned for their expertise and commitment to student success. Students benefit from a teaching methodology that emphasizes interaction, collaboration, and critical thinking. Professors often incorporate real-world case studies into their lessons, fostering an experiential learning environment. Many faculty members are actively involved in research, providing students with opportunities to assist on projects, collaborate on publications, and participate in conferences. This mentorship not only enriches students' academic journeys but also helps them build valuable professional networks.
The University of North Dakota offers a wealth of resources for research and development. Students have access to state-of-the-art facilities, including high-end labs and data analysis software. The university also hosts various seminars and workshops led by industry experts, further enhancing the learning experience. Additionally, students are encouraged to engage in independent research projects, which can lead to publications and presentations. This focus on research is not only beneficial for academic growth but also for enhancing employability in a competitive job market.
Career prospects for graduates of the Master's in Applied Economics are promising, with a diverse range of pathways available. Alumni have successfully secured roles as Statisticians, Economists, Financial Analysts, and Data Scientists across various sectors, including government agencies, financial institutions, healthcare organizations, and private consulting firms. The program boasts a strong job placement rate, with many students receiving offers even before graduation. Average starting salaries for graduates stand at approximately $60,000, reflecting the high demand for skilled economists in the workforce.
Alumni success stories speak volumes about the quality of education received. Graduates have gone on to pursue influential careers in decision-making roles, policy crafting, and economic analysis. The university's alumni network is extensive, giving current students access to invaluable mentorship and job opportunities. Testimonials from former students highlight how the program transformed their skillsets and opened doors to prestigious roles in both the public and private sectors.
Why Study Applied Economics at University of North Dakota
- A popular choice for international students, fostering a diverse and inclusive community that enriches the learning experience.
- Learn from world-class faculty members who are deeply committed to teaching and mentoring, with opportunities to become their research assistants.
- Access to high-end laboratories equipped with the latest technology, enabling comprehensive research work and analysis.
- Strong placement programs and career services that actively assist students in finding internships and job opportunities after course completion.
- A comprehensive focus on research, allowing students to publish their work and present at conferences, enhancing their academic profiles.
- Opportunities to specialize in various fields of economics, tailoring the educational journey to individual career aspirations.
- A robust alumni network that provides support and mentorship, facilitating connections that can lead to job placements.

Duration
24 Months

Median Salary
$55,000
Ranking
#1208
US World and News Report
Class Profile

Class Size
25

Average Age
28

Average Work Experience
3 Years
Diversity
Others:
3%Minnesota:
10%North Dakota:
80%South Dakota:
5%International:
2%Career Outcomes

Median Earnings After Graduation
$55,000 / year
Prospective Job Roles
Statistician
Economist
Financial Analyst
Quantitative Analyst
Risk Analyst
Data Scientist
Business Analyst
Research Associate
Market Research Analyst
Operations Research Analyst
Top recruiters










Eligibility Criteria
English Proficiency Tests
IELTS
6
TOEFL
76
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.
Transcript
Statement of Purpose
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$15,315 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
UND Department of Economics Scholarship
FAQs
A student can complete Applied Economics at University of North Dakota with in 24.
The application fee to pursue Applied Economics at University of North Dakota is USD 35 for international students.
The annual tuition fee to pursue Applied Economics at University of North Dakota is USD 15315.
The submission of these scores mainly depends on the type of degree/ course selected at the University of North Dakota. 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 North Dakota requirements before submitting a score.
Applied 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 North Dakota, they can easily pursue Applied 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 North Dakota 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 North Dakota website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of North Dakota 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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