The MA in Applied Economics program at UIC is designed for students who desire an MA degree in economics as either a stepping stone to a Ph.D. program or a career that requires such preparation, but have not extensively studied economics in an undergraduate program. We provide analytically rigorous training in economic theory and statistical analysis that is accessible to students with less preparation in mathematics than is required for enrollment in an Economics Ph.D. program. Importantly, we condense this accelerated program into three semesters, including summer, so that students can complete the entire program in ten months. The program consists of two courses taken during July and early August followed by four courses in each of the fall and spring semesters. This substantially reduces the cost and enables students to matriculate to a Ph.D. program or enter the job market after only a single year of study. 

Admission Requirements

• Minimum Level of Education Required: 4-Year Bachelor's Degree
• Min GPA: 77.0% Convert grades
• English Proficiency Requirements:
  For direct admission, applicant must be from an English speaking country or meet either of the following English test scores:

  • Min TOEFL iBT: 80 (Min Listening: 17.0, Min Reading: 19.0, Min Speaking: 20.0, Min Writing: 21.0)

  • Min IELTS overall: 6.5 (Min Listening: 6.0, Min Reading: 6.0, Min Speaking: 6.0, Min Writing: 6.0)

  • Min PTE overall: 54 (Min Listening: 47, Min Reading: 51, Min Speaking: 53, Min Writing: 56)

  This program does NOT offer conditional admission
• Other test requirements: GRE Test required
  • Min GRE requirement: ()

Other fees:

• Health Insurance Fee: $1,140 per year
• Student Fees: $2,038 per year

* Note: Additional fees may apply
** All fees are subject to change without notice