Purdue University - Mitchell E. Daniels, Jr. School of Business
Online MS Economics
Online
DURATION
20 Months
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Request earliest startdate
TUITION FEES
USD 33,564 *
STUDY FORMAT
Distance Learning
* Indiana residents: $32,064 | non-Indiana residents/international: $33,564
Introduction
Ranked among the best in the nation, Mitchell E. Daniels, Jr. School of Business Online MS Economics (MSE) program teaches the analytic and quantitative methods you need to evaluate, optimize, and forecast key economic and business outcomes such as stock markets, product prices, production, growth, employment, inflation, and welfare.
The 100% online program offers specializations in Business and Data Analytics, Financial Economics, Public Economics, and Policy. Tailor your academic path to bolster your career.
Our leading and dedicated economics faculty members use cutting-edge quantitative and empirical instructional methods, including econometrics (big data, machine learning), statistical software applications (Stata, Matlab, EViews), modern computational and programming tools (Python), business forecasting, game theory and experimental economics among others.
Admissions
Curriculum
To earn an online Master of Science degree in Economics (MSE), you must complete 30 credit hours of coursework in the areas below. Required courses make up 14 credits.
Additionally, you may specialize in at least one of four areas by earning at least 8 credit hours in that area. Other courses can be taken as free electives.
Advanced Theory (Online/On-Campus)
Students pursuing the Advanced Theory specialization are required to be on campus at a top US research university. They must complete the core classes online and then come to Purdue's campus for the final year (2 semesters) for the Advanced Theory Specialization. In order to assess your eligibility for Advanced Theory, please contact your program specialist. For International students: Eligibility for Advanced Theory may be impacted by visa restrictions under U.S. immigration law.
Combined Degree for Purdue STEM Majors
Current Purdue STEM undergraduates can apply up to 9 credit hours of coursework for both a BS and an MS degree in Economics. After graduation, these students are able to finish the MS program online as they pursue their careers.
MS Economics Coursework
To earn a Master of Science degree in Economics, students must complete 30 hours of coursework in the following areas:
Core Courses
- Statistical Analysis for Economists (1 credit)
- Mathematics For Economists (2 credits)
- Econometrics I (3 credits)
- Intermediate Economics I (Micro) (3 credits)
- Intermediate Economics II (Macro) (3 credits)
- Econometrics II (2 credits)
Specialization I: Business and Data Analytics
- Statistical and Machine Learning (2 credits)
- Financial Econometrics (2 credits)
- Microeconometrics (2 credits)
- Quantitative Economics with Python (2 credits)
- Advanced Quantitative Economics with Python
- Applied Game Theory (2 credits)
- Machine Learning II
Specialization II: Financial Economics
- Financial Valuation and Decision Making (2 credits)
- Financial Econometrics (2 credits)
- Behavioral Economics (2 credits)
- International Economics (2 credits)
- Investments and Portfolio Management (2 credits)
- Experimental Economics (2 credits)
Specialization III: Public Economics and Policy
- Health Economics
- Industrial Economics (2 credits)
- Law and Economics (2 credits)
- Personnel Economics (2 credits)
- Wage Discrimination (1 credit)
- Federal Budgets and Public Policy (2 credits)
- Topics in Macroeconomics (2 credits))
Specialization IV: Advanced Theory (requires on-campus period)
- Mathematical Analysis for Economists (2 credits)
- Microeconomics I (2 credits)
- Microeconomics II (2 credits)
- Economics of Information (2 credits) or Microeconomics III (2 credits)
Free Electives
Additional electives from the Management (MGMT) department will be offered each semester. These offerings will be communicated to you at the time of registration.
Program Outcome
Program Highlights
- Prestige: Consistently ranked as one of the top MS programs in the U.S.
- Flexibility: 100% online program that allows you to earn a degree without affecting your time with family or career responsibilities.
- ROI: Recognized among the most affordable MS programs, offering exceptional return on investment to graduates.
- Innovative curriculum: Teaching methods focus on subjects such as econometrics (big data, machine learning), statistical software applications (Stata, Matlab, EViews), modern computational and programming tools (Python), business forecasting, game theory, and experimental economics, among other areas.
- Combined Degree: Current Purdue STEM undergraduates can apply up to nine credit hours of coursework of both a BS and MS degree in Economics and then finish their MS program online.
Program Tuition Fee
Career Opportunities
Our students benefit from the expertise and guidance of the Mitchell E. Daniels, Jr. School of Business Professional Development Center (KPDC) team. KPDC’s mission is to cultivate skills and strategies that champion student professional development.
The Persistent Pursuit of Career Excellence
KPDC serves as a comprehensive career center for students by providing individual counseling, job search resources, and on-campus recruiting services. Programs support students in the creation of their career path strategy and leadership development.
Whether you are a new professional, career enhancer, or career changer, we look forward to working with you.
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.