Master of Science in Economics (STEM)
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Mission
The Master of Science in Economics is a STEM degree program introducing students to advanced concepts related to banking, market and industry analysis, pricing, government policy, econometrics and data analytics. The program trains students in the theoretical understanding of economic phenomena, the quantitative skills necessary for applied economics, and the critical thinking abilities that make it possible for students to understand how best to apply economic theory and quantitative skills to real-world problems.
Benefits
The Economics master’s program leverages a STEM approach into marketable skills. Situated in the greater Dallas region — recently rated by Forbes magazine as the #1 “Best City for Jobs”— UT Dallas provides students with easy access to employers and internship opportunities, not to mention a large and supportive alumni population. In particular, the Dallas area employs more people in the banking industry than New York.
In addition to their degree, students can enhance their marketability by stacking the following certificates available to all students:
Recent UTD Economics Alumni Employers
UTD Economics Alumni Job Titles
Consultant
Revenue Manager (Airlines)
Dallas Fed Research Assistant
Forecaster
Financial Modeler
Economist
Financial Analyst
Market Analyst
Business Analytics Director
Data Scientist
Risk Analyst
Admission Requirements
The master’s program in Economics seeks applications from students with a baccalaureate degree from an institution of higher education. A 3.0 undergraduate grade point average (on a 4.0 point scale), and a verbal score of 145 and a quantitative score of 150 on the Graduate Records Examination (GRE) or Graduate Management Admissions Test (GMAT) test score. Standardized test scores are only one of the factors taken into account in determining admission.
Students should also submit all transcripts, three letters of recommendation, and a one-page essay outlining the applicant’s background, education and professional objectives.
Prerequisites
Students who lack a Bachelor of Science in Economics should complete the following undergraduate courses at UT Dallas or their equivalents at another institution:
- ECON 3310 Intermediate Microeconomic Theory
- ECON 3311 Intermediate Macroeconomic Theory
- ECON 4351 Mathematical Economics
- ECON 4355 Econometrics
- EPPS 2302 Methods of Quantitative Analysis in the Social and Policy Sciences
- MATH 1325 Applied Calculus I
- MATH 1326 Applied Calculus II
- MATH 2333 Matrices, Vectors, and Data
Grading Policy
Students must achieve at least a 3.0 grade point average in the required courses and an overall grade point average of 3.0 to graduate.