Master of Science in Applied Economics
Cincinnati, USA
DURATION
1 Years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Request earliest startdate
TUITION FEES
USD 11,159 / per semester *
STUDY FORMAT
On-Campus
* Ohio resident | Non-resident: $15,696.00 per semester
Introduction
The Lindner Master of Science in Applied Economics is ranked as one of the top ten applied economics programs in the United States. A key reason for this is the program's stellar job placement record.
Over the past five years, more than half of our Master of Science in Applied Economics students accepted a full-time position before graduation. Our graduates earn an average starting salary of over $68,000 and are hired by companies including Amazon, J.P. Morgan Chase, Nielsen, and Procter & Gamble.
In the Lindner Applied Economics program, you will master how to build models based on economic principles and how to best apply data analysis to estimate, test, interpret, and explain these models. You will also be provided with the opportunity to earn the Certified Business Economist designation as well as engage in research opportunities and internships while in school. During the summer, you will also have the opportunity to study abroad.
Program highlights
- Graduates satisfy all requirements to take the Certified Business Economist® exam from the National Association for Business Economics (NABE).
- Hands-on research experience in partnership with UC Economics Center
- Named one of the nation's Top 10 programs by the Education Portal
- Augment your degree with a certificate in Data Analytics
- STEM discipline recognition for International students
Research and Opportunities
Students have the opportunity to work on several hands-on learning projects by partnering with the UC Economics Center at the University of Cincinnati. The UC Economics Center oversees various applied research projects and employs research assistants. Also, while studying full-time in the program, students have the opportunity to enhance their education with paid internships. Current students are working at organizations such as the Environment Protection Agency (EPA), Burke, ThinkVine, and Morgan Stanley.
Additional certifications
While working towards a master's degree, applied economics students can earn a certificate in data analytics.
Program length
The University of Cincinnati's Master of Science in Applied Economics program may be completed as either a full-time or a part-time student. Full-time studies can be completed in less than one year, with classes taken during the day. While part-time study will take less than two years, with evening classes available.
International students
Lindner warmly welcomes students from all over the world. As a global discipline, all Lindner'ws Applied Economics students benefit from learning about institutions and economies not just in the classroom, but from their classmates as well. Because the Applied Economics degree is a designated STEM program, our international graduates are eligible to apply for up to 36 months of Optional Practical Training (OPT) in the United States. All students, both domestic and international, have the opportunity to study business subjects in countries like Norway, Chile, and the United Arab Emirates, [original link path: https://business.uc.edu/study-abroad/graduate.html] by working through Lindner's International Programs office.
Why study Applied Economics?
Do you want to learn from leaders in the field about advanced econometrics, industrial organization, urban, regional, and labor economics? Do you want a graduate degree in economics that offers you exceptional job placement and the opportunity for significant career advancement opportunities? Are you looking for a master's program in economics that offers you the opportunity to study either full or part-time?
If you answered yes to these questions, we urge you to consider the MS in Applied Economics!
The MS in Applied Economics provides our students with solid training in economic theory and applications and also provides a very strong background in applied econometrics. By the end of the program, our students understand how to build sensible models based on economic principles, and how to estimate, test, interpret, and explain these models.
Application Deadline
International: March 15, 2023; Scholarship Priority: April 15, 2023; Final Deadline: July 31, 2023 (subject to space availability)
Admissions
Scholarships and Funding
There is no separate application for merit-based scholarships at the University of Cincinnati. You will be reviewed for these awards based on the credentials and materials you submit with your online application. If any additional information is needed for review, the University of Cincinnati and the respective scholarship review team will notify you and provide further details.
Cincinnatus Scholarship Program
The cornerstone scholarship program for the University of Cincinnati, Cincinnatus provides more than $22 million in renewable scholarships to the brightest and most promising incoming first-year students in all academic disciplines.
To be considered for this award, incoming first-year students must submit a completed application and required accompanying materials by December 1 of their senior year.
Darwin T. Turner Scholarship Program
The Darwin T. Turner Scholarship Program was established in 1976 to honor an African American student who, at the age of 16, was the youngest person ever to graduate from the University of Cincinnati. The Office of Ethnic Programs & Services offers this scholarship program to promote academic excellence, foster diversity and provide leadership opportunities to incoming students.
To be considered for this award, incoming first-year students must submit a completed application and required accompanying materials by December 1 of their senior year and meet the additional qualifying criteria.
Alumni Legacy and Network Scholarships
University of Cincinnati Alumni Scholarships is awarded to qualifying students who are lineal descendants (children or grandchildren) of the University of Cincinnati graduates who are Loyal Bearcat or William Howard Taft donors (former Sustaining and Life Members) as well as to students from participating UCAA regional alumni network areas. All scholarship awards are based on academic achievement, demonstrated service, and leadership.
To be considered for this award, incoming first-year students must submit a completed application and required accompanying materials by December 1 of their senior year.
National Outreach Award
Recognizing the academic merit of students coming to the University of Cincinnati from select, targeted geographic areas, we can provide scholarship money annually.
To be considered for this award, incoming first-year students must submit a completed application and required accompanying materials by December 1 of their senior year. Additionally, applicants must be a resident of or graduate from high school in California, Connecticut, the District of Columbia, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Texas, Virginia, or Wisconsin
University of Cincinnati Global Scholarship (International students only)
The University of Cincinnati Global Scholarship is exclusively for international undergraduate applicants. Awards range from $1,000 to $15,000 each year and are renewable for up to four academic years.
All applicants are considered for this scholarship however award amounts for top applicants are based on differing priority deadlines.
Transfer Student Scholarships
The University of Cincinnati can offer former community college students several scholarships that are renewable for up to four academic semesters (two academic years).
To be considered for the scholarships, community college transfer students must submit their application for admission and transcript information by July 1.
Choose Ohio First
The State of Ohio has awarded specialized scholarships to innovative STEMM (Science, Technology, Engineering, Mathematics, and Medicine) academic programs. Several proposals by the University of Cincinnati faculty have been selected to provide scholarship funding and programmatic benefits to recruit and retain Ohio STEMM students.
To be considered for these awards offered in engineering, sciences, allied health, mathematics with a focus on actuarial science, medical sciences, or nursing, incoming first-year students must submit a completed admission application and required accompanying materials by December 1 of their senior year. Limited awards will be determined by the colleges of these academic disciplines.
Curriculum
What you'll learn
You will obtain hands-on experience in applying economic theories and principles to real-world situations. Students not only receive solid training in theory and applications, but also they build a strong background in applied econometrics and data analysis.
Students from the Master of Science in Applied Economics program recently attended a workshop on the role of economic analysis in government from the principal economist of the Ohio Legislative Service Commission.
Prerequisites
All or some of these courses may be required of students without a business undergraduate degree.
- ACCT7000 Foundations in Accounting (C min) 2 Credits
- FIN7000 Foundations in Finance (C min) 1 Credits
- MGMT7000 Organizations (C min) 2 Credits
- MKTG7000 Marketing Foundations (C min) 1 Credits
- IS6030 Data Management (C min) 2 Credits
Core Courses
Students must complete the following 6 core courses (20 credit hours).
- ECON8010 Econometrics (C min) 4 Credits
- ECON8020 Microeconomic Theory (C min) 4 Credits
- ECON8011 Time Series Econometrics (C min) 4 Credits
- ECON8021 Game Theory (C min) 2 Credits
- ECON6010 Economic Data Analysis (C min) 2 Credits
- ECON8030 Macroeconomic Theory (C min) 4 Credits
Career Management
Students in the Full-Time program must complete BA7077.
- BA7077 Career Management (C min) 0 - 1 Credits
Capstone
All students must complete a culminating project; choose from the following.
- ECON8090 Masters Research Practicum (C min) 2 Credits
- MLTI6000 Study Abroad for Graduate Students (C min) 1 - 25 Credits
- ECON8093 Master's Internship (C min) 1 - 6 Credits
Econometric Electives
Students are required to complete 4 credit hours of coursework. Substitutions may be made with prior approval of the academic director of the program.
- ECON8012 Advanced Statistical Models (C min) 2 Credits
- ECON8013 Bayesian Econometrics (C min) 2 Credits
- ECON8014 Spatial Econometrics (C min) 2 Credits
- ECON8015 Panel Data Econometrics (C min) 2 Credits
- BANA7042 Statistical Modeling (C min) 2 Credits
- ECON6016 Data Management and Analysis in SAS (C min) 2 Credits
Economic Electives
Students must complete 4 credit hours from the following courses. Substitutions may be made with prior approval of the academic director of the program.
- ECON8031 Topics in Macroeconomic Theory (C min) 2 Credits
- ECON7022 Program Evaluation (C min) 2 Credits
- ECON7023 Smart Contract Design (C min) 2 Credits
- ECON8040 International Economics (C min) 2 Credits
- ECON8070 Industrial Organization (C min) 2 Credits
- ECON8055 Health Economics (C min) 2 Credits
- ECON8056 Competition and Regulation (C min) 2 Credits
- ECON8080 Urban and Regional Economics (C min) 2 Credits
- ECON8061 Personnel Economics (C min) 2 Credits
Program Tuition Fee
Career Opportunities
The MS in Applied Economics degree provides students with an exceptional set of applied economic and econometric analytical tools that have demonstrated value in the marketplace. Graduates enjoy success as:
- Analysts in market research, insurance, healthcare, and in banking and finance.
- Positions with consulting firms as well as in public-sector planning and economic analysis organizations.
- Excellent preparation for further study in a PhD program. Over the last several years, we have placed graduates in PhD programs at Indiana, Vanderbilt, Oregon, Duke, University of Texas, Purdue University, and others.
English Language Requirements
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