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Wichita State University

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Kansas

United States

The Master of Science in Applied Economics program at Wichita State University is a prestigious graduate-level course designed to provide students with a robust understanding of economic theories and their practical applications. This program is meticulously structured to blend theoretical knowledge with empirical research, equipping graduates with critical analytical skills essential for success in various sectors. As part of the esteemed W. Frank Barton School of Business, students engage in a rigorous curriculum that emphasizes quantitative analysis, econometric techniques, and policy evaluation, ensuring they are prepared for the challenges of a dynamic economic landscape.

Throughout the program, students will delve into specific coursework, including courses like Advanced Microeconomic Theory, Econometric Analysis, and Applied Policy Analysis. Each course is aimed at enhancing students' understanding of complex economic systems and providing them with tools to analyze real-world economic issues. The program fosters a deep comprehension of local and global economic trends while also focusing on the implications of economic decisions on societal welfare.

With a strong emphasis on research opportunities, students have access to cutting-edge facilities and resources that allow them to conduct in-depth studies in various economic spheres. The faculty comprises renowned experts in their respective fields, whose diverse research interests enable students to explore a wide range of topics. Furthermore, the collaborative environment encourages students to participate actively in ongoing research projects, allowing them to gain hands-on experience and contribute to significant findings in economics.

In addition to its academic rigor, the Master’s program at Wichita State University maintains strong ties with the industry, facilitating exceptional internship opportunities for students. Collaborations with local businesses and governmental organizations provide students with invaluable exposure to practical applications of economic theories. These experiences not only enhance their academic understanding but also significantly improve their employability upon graduation. Wichita State University is proud of its impressive graduate employability rate, which is a testament to the program's success in preparing students for the workforce.

Upon completion of the Master of Science in Applied Economics, graduates find themselves well-positioned for a variety of career pathways. Alumni of the program have gone on to work in esteemed organizations, government agencies, financial institutions, and research think tanks. Roles often pursued include economic analysts, data scientists, policy advisors, and market researchers. The program's comprehensive approach ensures that students are not only knowledgeable but also adaptable, ready to tackle diverse challenges in ever-evolving economic contexts.

Why Study Applied Economics at Wichita State University

  • A distinguished program recognized globally for its qualitative education and rigorous curriculum that prepares students for employment in various economic sectors.
  • A diverse community of international students fostering a rich cultural exchange and collaborative learning environment.
  • A faculty comprised of experienced economists who are actively involved in research and provide personalized mentorship, enhancing the learning experience.
  • State-of-the-art facilities and laboratories that support a hands-on approach to learning and research.
  • Excellent career services and placement programs, with a strong network of industry connections that can lead to internship and job opportunities.

The program also places a strong emphasis on preparing students for the demanding job market. With rigorous training and a focus on real-world applications of economic theories, graduates are equipped with the tools needed to analyze trends, forecast economic conditions, and develop impactful policies. The curriculum is updated regularly to reflect the ever-changing economic landscape, ensuring students receive the most relevant education possible.

To gain admission to the Master of Science in Applied Economics program, prospective students must meet specific requirements. A bachelor's degree in economics or a related field is typically required. Additionally, applicants must demonstrate proficiency in English through standardized tests such as IELTS, PTE, or TOEFL. For IELTS, a minimum score of 6.5 is required; for PTE, a minimum score of 58; and for TOEFL, a minimum score of 79 is necessary. An application fee of $75 is also applicable.

As part of the application process, students are encouraged to showcase their academic performance, relevant work experience, and any prior research experience, as these factors can significantly enhance their application. The program seeks students with strong analytical abilities, a passion for economics, and a commitment to contributing to the field.

Overall, the Master of Science in Applied Economics at Wichita State University stands out not just for its academic excellence, but also for its emphasis on research, industry engagement, and career readiness. Students are not only taught to understand economic theories but are also trained to apply these concepts effectively in real-world scenarios, making them invaluable assets in their future careers. With an unmatched combination of quality education, practical experience, and strong industry ties, this program presents an exceptional opportunity for aspiring economists.

Class Profile

Diversity

Others:

1%

United States:

79%

International:

21%

Kansas:

11%

Missouri:

8%

Oklahoma:

6%

Nebraska:

4%

Eligibility Criteria

English Proficiency Tests

  • IELTS

    6.5

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  • PTE

    58

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  • TOEFL

    79

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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.

intake

Application Fee: 75

      Application Deadlines

      Fees and Funding

      intake

      Tuition Fees

      $11,340 / year

      FAQs

      • Admissions Requirements:

        To gain admission to the Master of Science in Applied Economics program at Wichita State University, prospective students must meet the following requirements:

        • A bachelor's degree in economics or a related field.
        • Proficiency in English demonstrated through standardized tests:
          • IELTS: Minimum score of 6.5
          • PTE: Minimum score of 58
          • TOEFL: Minimum score of 79
        • An application fee of $75.

        Additionally, applicants are encouraged to showcase their academic performance, relevant work experience, and any prior research experience to enhance their application.

      • Program Structure:

        The Master of Science in Applied Economics program is designed to blend theoretical knowledge with empirical research. It includes rigorous coursework covering:

        • Advanced Microeconomic Theory
        • Econometric Analysis
        • Applied Policy Analysis

        This structure ensures that students develop critical analytical skills necessary for addressing complex economic issues and understanding local and global economic trends.

      • Teaching Methods:

        The program employs a combination of theoretical instruction and practical application through:

        • Rigorous coursework that emphasizes quantitative analysis and econometric techniques.
        • Research opportunities where students can engage with faculty and participate in ongoing projects.
        • Collaborative learning environments that encourage interaction among diverse international students.

        Students also benefit from personalized mentorship from experienced faculty involved in active research.

      • Career Prospects:

        Graduates of the Master of Science in Applied Economics program are well-positioned for various career pathways, including:

        • Economic Analysts
        • Data Scientists
        • Policy Advisors
        • Market Researchers

        Alumni have successfully secured positions in esteemed organizations, government agencies, financial institutions, and research think tanks, highlighting the program's effectiveness in preparing students for the workforce.

      • Unique Aspects:

        The program stands out due to:

        • A globally recognized curriculum that emphasizes qualitative education and rigorous training.
        • A diverse community fostering rich cultural exchanges and collaborative learning.
        • Strong industry ties that facilitate exceptional internship opportunities.
        • Access to state-of-the-art facilities and resources for hands-on learning and research.

        These aspects collectively enhance students' academic experience and employability.

      • Research Opportunities:

        The program emphasizes research and provides students access to:

        • Cutting-edge facilities and resources for in-depth economic studies.
        • Collaboration with faculty who are renowned experts in various fields of economics.
        • Participation in ongoing research projects that allow hands-on experience and contributions to significant findings.

        This focus on research equips students with essential skills for their future careers in economics.

      • Enhancing Employability:

        The program enhances employability through:

        • Strong industry connections that lead to internship and job opportunities.
        • Curriculum updates to reflect current economic trends and demands in the job market.
        • Practical applications of economic theories that prepare students for real-world challenges.

        These factors contribute to the program's impressive graduate employability rate.

      • Program Highlights:

        Key highlights of the program include:

        • Distinguished education recognized globally for its quality.
        • A curriculum that prepares students for diverse economic sectors.
        • Experienced faculty providing personalized mentorship.
        • Research opportunities that foster critical thinking and analytical skills.

        These highlights ensure a comprehensive educational experience for aspiring economists.

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