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*Common app code: Central27
Economics
MA
Program Overview
We are a STEM-certified master’s program that puts heavy emphasis on the tools that students need to be professional economists. Our graduates have found excellent placements in both the private and government sectors. Many have used our program as a stepping stone to doctoral studies in economics, finance or related quantitative disciplines.
AT A GLANCE
Why This Program & What You'll Learn
A master's in economics is a necessary step for many careers in the field. Whether you pursue doctoral work or a job after graduating, CMU will give you the quantitative and data analysis skills you'll need to thrive.
At CMU, you'll work closely with faculty as you learn to conduct independent research. That collaboration is the hallmark of CMU's graduate program in economics. Many students co-author papers with faculty and publish in peer-reviewed journals. This provides invaluable experience developing research skills and navigating the publication process.
CMU's economics program is very much international. About two-thirds of your colleagues will come from foreign countries. In the past, students have hailed from China, Romania, Ghana, India and elsewhere.
While most students go on to pursue a Ph.D., you may choose to go into business. Many employers in the private, non-profit and government sectors are eager to hire employees with the knowledge and leadership skills you'll have. You may also opt to pursue a graduate certificate in data mining, which extends your analytical skills with coursework in statistics, actuarial and data sciences; computer science; and geography and environmental studies.
Program Highlights
As a master's degree candidate in CMU's economics program, you will:
- Take classes specifically aimed at preparing you to succeed at the Ph.D. level. Past master's students have completed doctoral work at institutions such as Yale and Vanderbilt—and received funding to do so.
- Work closely with a faculty adviser while completing your thesis or research project.
- Be in position to earn financial aid — all admitted students are considered.
Accelerated master's in economics
Build on your bachelor’s degree by double-counting your credits toward your master’s with an accelerated economics degree. You'll save time and money when you pay undergraduate prices for up to 15 graduate-level credits.
By double-counting all 15 credits, domestic students save up to $4,155 and international students save up to $1,560.
Careers & Outcomes
About two-thirds of the students in the master's program pursue doctoral degrees in economics.
| Career | Projected Salary |
|---|---|
| Financial Examiner | $90,400 |
| Policy Analyst | $80,060 |
| Financial Quantitative Analyst | $101,910 |
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