
Virginia Commonwealth University

Virginia
,United States

Program Name
Master of Arts in Economics
Overview

The Master of Arts in Economics at Virginia Commonwealth University is a premier program designed for individuals eager to deepen their understanding of economic theory and its real-world applications. The curriculum is meticulously crafted to equip students with essential analytical skills, a solid grasp of economic principles, and the ability to navigate complex economic issues. This program stands out as one of the most sought-after choices for students, particularly those from international backgrounds, due to its focus on innovative teaching methodologies and its impressive track record of graduate employability.
At Virginia Commonwealth University, students engage in an interactive and comprehensive learning experience that combines theoretical knowledge with practical application. The program's structure includes a series of core and elective courses, allowing students to tailor their education to match their career aspirations. Core courses cover fundamental topics such as microeconomics, macroeconomics, econometrics, and applied economics. Elective courses expand on these themes, offering specialized tracks in areas such as labor economics, financial economics, and international trade. This balanced approach ensures that graduates are not only well-versed in economic theories but also prepared to apply this knowledge to real-world challenges.
The faculty at VCU's School of Business comprises highly distinguished scholars and experienced practitioners who bring a wealth of expertise into the classroom. They utilize a hands-on teaching methodology that emphasizes critical thinking and collaborative learning. Faculty members are readily available for mentorship, ensuring that students receive personalized attention throughout their studies. This close-knit academic environment fosters not only academic excellence but also professional development, encouraging students to engage in research projects, internships, and networking opportunities that can enhance their careers.
The program also stands out due to its extensive research opportunities and resources available to students. Virginia Commonwealth University offers access to state-of-the-art research facilities and databases, enabling students to conduct significant economic analyses. Students are encouraged to participate in faculty-led research projects, presenting their findings at academic conferences and contributing to published papers. This research engagement not only bolsters students' resumes but also sharpens their ability to think critically and work independently, skills that are highly valued in the job market.
Industry connections play a crucial role in the success of students in the Master of Arts in Economics program. VCU has cultivated strong relationships with various sectors, including finance, government, and non-profit organizations, which facilitate internship opportunities and job placements for graduates. The program's dedicated career services team assists students in identifying and securing internships that align with their academic and professional goals, providing them with a competitive edge upon graduation. Alumni from the program have gone on to secure positions as economists, financial analysts, data scientists, and policy advisors, demonstrating the program's commitment to fostering successful career pathways.
Why Study Economics at Virginia Commonwealth University
- A popular choice for international students, fostering a diverse and inclusive community that enhances cross-cultural learning and collaboration.
- Learn from esteemed faculty members who are recognized leaders in their fields, with opportunities to work as research assistants and gain invaluable experience.
- Access to high-end laboratories and research facilities that support innovative economic research and allow students to explore various economic phenomena.
- Excellent placement programs and strong ties with industry leaders, resulting in a high graduate employment rate and successful career outcomes.
- A robust alumni network that provides ongoing support, mentorship, and job leads for graduates navigating the job market.
Admission to the Master of Arts in Economics requires a completed application, including a transcript from an accredited institution, a resume, and academic letters of recommendation. Applicants must have a solid academic background in economics or related fields, demonstrating competency in quantitative analysis and critical thinking. Strong performance in relevant undergraduate courses is a prerequisite, and standardized test scores, such as the GRE, may be required.
Non-native English speakers must demonstrate proficiency through standardized tests such as TOEFL, IELTS, or PTE. For example, a minimum TOEFL score of 100, an IELTS score of 7.0, or a PTE score of 68 is typically expected to ensure candidates can thrive in an English-speaking academic environment.
The program requires a commitment of 24 months, allowing students ample time to immerse themselves in their studies while also engaging in internships and research activities. With an average base salary for graduates around $62,000, the economic prospects are promising, reflecting the program's comprehensive training and the high demand for skilled economists in various sectors.
In conclusion, the Master of Arts in Economics at Virginia Commonwealth University is not just an academic program; it is a transformative educational experience that prepares students for impactful careers in economics. With its robust curriculum, dedicated faculty, extensive research opportunities, and strong industry connections, this program truly stands out as a premier choice for aspiring economists. Whether you are looking to analyze complex data, influence public policy, or drive business decisions, the Master of Arts in Economics at VCU equips you with the skills you need to excel in your professional journey.

Duration
24 Months

Median Salary
$57,000
Ranking
#439
US World and News Report
Class Profile

Class Size
250

Average Age
22

Average Work Experience
1 Years
Diversity
International:
10%Others:
20%Washington, D.C.:
10%Virginia:
45%Maryland:
15%Career Outcomes

Median Earnings After Graduation
$57,000 / year
Prospective Job Roles
Statistician
Economist
Operations Analyst
Financial Analyst
Accountant
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Business Analyst
Financial Planner
Research Analyst
Market Research Analyst
Tax Accountant
Underwriter
Analyst
Top recruiters














Eligibility Criteria
English Proficiency Tests
TOEFL
100
PTE
68
IELTS
7
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
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$29,228 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
James Madison Scholarship
George Washington Scholarship
Thomas Jefferson Scholarship
FAQs
One can apply for scholarships to pursue their international education at Virginia Commonwealth University 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 Virginia Commonwealth University with in 24.
The application fee to pursue Economics at Virginia Commonwealth University is USD 70 for international students.
The annual tuition fee to pursue Economics at Virginia Commonwealth University is USD 29228.
The submission of these scores mainly depends on the type of degree/ course selected at the Virginia Commonwealth University. 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 Virginia Commonwealth University 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 Virginia Commonwealth University, 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 Virginia Commonwealth University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Virginia Commonwealth University website to check the course/ degree duration.
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