Bachelor's degree in related field of study
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Résumé
Letters of recommendation
TOEFL iBT: 80
TOEFL Essentials: 8.5
IELTS (International English Language Testing System): 6.5
Pearson Test of English (PTE) Academic: 59
Duolingo English Test (English Proficiency Test): 105
Paul College’s STEM designated Master of Arts in Analytical Economics is a breed apart. The program offers students a choice between an academic track or an industry track. The academic track provides a full year of doctoral-level economic theory, econometric analysis, and research seminar. It is designed for for students whose ultimate goal is to become a Ph.D. economist. Students also have the flexibility of pursuing a mixed track.
The industry track’s curriculum is unlike any other Master’s program in the country. It is interdisciplinary, weaving together economic theory, data analytics, statistical methods, and data modeling. The program’s mix of doctoral-level and applied classes is also distinctive. Students learn economic theory and statistical methods at the doctoral level. They also use economic theory and data to understand a range of business decision problems. Innovative applied classes include Macroeconomic Consulting and Strategy Analysis: Games and Auctions.
Few other Master’s programs in the country provide a toolkit with comparable interdisciplinary range or rigor. Students learn economic theory and econometrics, code in R and STATA, and learn SQL, PowerBI, and Tableau all in one year. Graduates are uniquely trained to help business managers and project leaders not only formulate decision problems, but communicate with IT people on what data and analysis may be needed. People with this training are increasingly in high demand.
Students in both tracks enroll in an intensive Math Economics course during the month of August. The program culminates in a capstone experience, which depends on a student’s chosen track.
The program requires a minimum of 32 credit hours of coursework and a capstone experience. All students must complete four core classes. The program can be completed in 12 months. It begins with an August term in which Mathematical Economics is taught in a concentrated manner over two or three weeks. The August term is followed by two semesters of coursework. Some of the industry-track courses are scheduled on the 8-week MSBA and MBA term calendar. These term classes entail 3-credit hours and meet 3.5 hours a week. A capstone experience in the late spring and early summer completes the degree requirements. The capstone for industry track students is an industry internship or project, whereas academic track students take a doctoral-level comprehensive exam in microeconomic or macroeconomic theory.
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The Core
ECON 825, Mathematical Economics 1
ECON 926, Econometrics I
ECON 927, Econometrics II
ECON 976, Microeconomics I
Industry Track
DS 801, Business Intelligence 2
DS 804, Exploration and Communication of Data 2
ECON 890, Analytical Economics in Practice (Capstone) 3
ECON 871, Macroeconomic Consulting 2
ECON 875, Strategy Analysis: Games and Auctions 2
Elective 4
Academic Track
ECON 972, Macroeconomics I
ECON 973, Macroeconomics II
ECON 977, Microeconomics II
ECON 988, Graduate Economics Seminar (Fall and Spring)
Capstone - Comprehensive Exam
Mixed Track
ECON 871, Macroeconomic Consulting 2
or ECON 972
Medical insurance: 1999USD/year
