Master of Science in Applied Economics

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.