QS Rank:

115

University of Waterloo

Ontario
,Canada

Program Name
Master of Arts in Economics
Overview

The Master of Arts in Economics program at the University of Waterloo is designed to empower students with a thorough understanding of economic theories, quantitative methods, and real-world applications. The program spans over a 12-month duration, offering a blend of rigorous academic coursework paired with hands-on experiences that prepare students for various career pathways in the field of economics. With an average class size of 25, students benefit from personalized attention and a close-knit learning environment where they can engage deeply with faculty members and fellow peers.
The curriculum is meticulously crafted to cover core topics such as microeconomics, macroeconomics, econometrics, and economic policy analysis. Students will engage in advanced coursework that includes specialized electives in areas like behavioral economics, international trade, and labor economics. The program also emphasizes the development of practical research skills through project-based learning, which involves real-time data analysis and economic modeling. This practical orientation ensures that graduates are not only well-versed in theoretical aspects of economics but are also equipped to tackle complex economic problems in various sectors.
One of the program's defining features is its commitment to fostering research capabilities among its students. The faculty at the University of Waterloo comprises experienced scholars who are at the forefront of economic research. They employ innovative teaching methodologies that blend lectures with collaborative research projects, allowing students to apply their theoretical knowledge in practical scenarios. Moreover, students have access to state-of-the-art research facilities and resources, which enhances their learning experience and broadens their research horizons.
The University of Waterloo also places significant emphasis on industry connections and internship opportunities. The program's strong ties with local and international businesses enable students to gain invaluable work experience through internships, co-ops, and networking events. This not only enriches their academic experience but also boosts their employability upon graduation. The average base salary for graduates in economics stands at approximately $60,000, reflecting the high demand for skilled economists in various industries.
Alumni from the Master of Arts in Economics program have successfully transitioned into diverse roles such as economists, financial analysts, consultants, and educators in esteemed organizations worldwide. Testimonials from former students highlight the program's rigorous academic training, supportive faculty, and comprehensive career services that aided them in securing impactful positions post-graduation. The University of Waterloo is committed to ensuring its graduates are not just learners but become leaders in their respective fields, making significant contributions to the economic landscape.
Why Study Economics at University of Waterloo
- A popular choice for international students, fostering a diverse and inclusive community that enhances cross-cultural learning.
- Learn from distinguished faculty members who are leaders in their fields, with opportunities to collaborate as research assistants on various projects.
- Access to high-end labs and resources that facilitate innovative research and hands-on learning experiences.
- Robust placement programs and strong employer partnerships that help graduates secure rewarding positions in competitive job markets.
- Opportunities for interdisciplinary studies, allowing students to combine economics with other fields such as political science, environmental studies, and business.
- A dedicated career services team that supports students in resume building, interview preparation, and job search strategies tailored to the economics sector.
- A vibrant campus life with numerous student organizations and events that foster networking, professional development, and personal growth.

Duration
12 Months

Median Salary
$55,000
Ranking
#115
QS World University Rankings
Class Profile

Class Size
25

Average Age
25

Average Work Experience
2 Years
Diversity
Others:
10%Quebec:
15%Ontario:
45%British Columbia:
10%Alberta:
5%Manitoba:
3%Saskatchewan:
2%Career Outcomes

Median Earnings After Graduation
$55,000 / year
Prospective Job Roles
Economist
Teacher
Financial Analyst
Researcher
Writer
Analyst
Consultant
Top recruiters








Eligibility Criteria
English Proficiency Tests
IELTS
7
TOEFL
90
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
Resume
Portfolio
Academic LOR
Application Deadlines
Fees and Funding

Tuition Fees
$23,088 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
The Gates Cambridge Scholarship
The Fulbright Scholarship
The University of Waterloo
FAQs
A student can complete Economics at University of Waterloo with in 12.
The application fee to pursue Economics at University of Waterloo is CAD 125 for international students.
The annual tuition fee to pursue Economics at University of Waterloo is CAD 23088.
The Economics at University of Waterloo has 3 semesters.
The submission of these scores mainly depends on the type of degree/ course selected at the University of Waterloo. 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 Waterloo 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 Waterloo, 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 Waterloo 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 Waterloo website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of Waterloo 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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