Program Overview

Economics, MSAE

The Master of Science in Applied Economics (M.S.A.E.) program is designed for individuals seeking careers as economics, financial, or marketing analysts in business, industry, government, or the financial sector.

Program Description

The program provides students with a solid grounding in economic theory and the working knowledge of advanced quantitative methods needed to succeed as business economists, financial analysts, economic and marketing researchers, government staff economists, or economic consultants. The program concentrates on developing and applying practical skills that can be used to solve real problems confronting business and government.

Prerequisites for Admission

Applicants are expected to have a baccalaureate degree with at least one course in each of the following areas: intermediate microeconomic theory, intermediate macroeconomic theory, statistical methods, and calculus. Familiarity with personal computers is also required.

Specializations

The program offers the following specializations:

• Applied Economic Analysis
• Business Economics
• Business and Managerial Analytics
• Financial Economics
• Marketing Research

Application Requirements

Application requirements and the online application link are available through the Graduate School of Management website.

Program Requirements

Each student must choose a specialization. All specializations require a common set of four core courses:

Required Core Courses

• ECON 6560: Applied Econometrics 1 (3 hours)
• ECON 6561: Applied Time-Series Econometrics and Forecasting (3 hours)
• ECON 6503: Microeconomic Theory and Applications (3 hours)
• ECON 6504: Macroeconomic Theory and Applications (3 hours)

Specializations

Applied Economic Analysis

• Core economics (ECON) courses (12 hours)
• Additional graduate-level ECON courses (12 hours)
• Graduate-level electives in business, computer science, mathematics, statistics, social sciences, or additional ECON courses (6 hours)

Business Economics

• Core economics (ECON) courses (12 hours)
• ACCO 6200: Managerial Accounting for Decision Making (3 hours)
• Additional graduate-level ECON courses (6-9 hours)
• 6-9 credit hours chosen from the following:
  • BULA 6110: Legal Issues in Business and Technology
  • MBA 6100: Business Analytics
  • FINA 6200: Advanced Financial Management
  • MBA 6140: Leading People and Change (1.5 credits)
  • MBA 6160: Leadership Coaching and Development (1.5 credits)
  • MARK 6160: Marketing Research
  • MARK 6200: Marketing for Management Decision Making
  • OSCM 6200: Operations and Supply Chain Management
  • Three 1-credit MBA Skills courses chosen from the following:
    • BUAD 6112: Skills: SAS
    • BUAD 6113: Skills: SPSS
    • ECON 6114: R Programming
    • ECON 6116: SQL
    • ECON 6118: Python Programming
    • ECON 6931: Topics in Economics

Business and Managerial Analytics

• Core economics (ECON) courses (12 hours)
• MBA 6100: Business Analytics (3 hours)
• 9 credits chosen from the following, with no more than 6 credits in any one area:
  • MARK 6160: Marketing Research
  • MARK 6165: Marketing Analytics
  • COSC 5610: Data Mining and Machine Learning
  • COSC 6510: Data Intelligence
  • COSC 6820: Data Ethics
  • INSY 6159: Design and Management of Database Systems
• Three 1-credit MBA Skills courses chosen from the following:
  • BUAD 6112: Skills: SAS
  • BUAD 6113: Skills: SPSS
  • ECON 6114: R Programming
  • ECON 6116: SQL
  • ECON 6118: Python Programming
  • ECON 6931: Topics in Economics
• Graduate-level ECON electives (6 hours)

Financial Economics

• Core economics (ECON) courses (12 hours)
• ACCO 6200: Managerial Accounting for Decision Making (3 hours)
• ECON 6580: Monetary Theory and Policy (3 hours)
• FINA 6200: Advanced Financial Management (3 hours)
• Graduate-level finance (FINA) course (3 hours)
• Graduate-level ECON electives (6 hours)

Marketing Research

• Core economics (ECON) courses (12 hours)
• MARK 6160: Marketing Research (3 hours)
• MARK 6200: Marketing for Management Decision Making (3 hours)
• 6 credit hours of graduate-level marketing (MARK) courses
• OR a 3-credit graduate-level MARK course and 3 1-credit MBA Skills courses chosen from the following:
  • BUAD 6112: Skills: SAS
  • BUAD 6113: Skills: SPSS
  • ECON 6114: R Programming
  • ECON 6116: SQL
  • ECON 6118: Python Programming
  • ECON 6931: Topics in Economics
• Graduate-level ECON electives (6 hours)

Research Involving Humans or Animals

A student whose research involves humans or animals must receive written approval before undertaking such research.

Accelerated Bachelor's-Master's Degree Program

This five-year program allows students to earn both their Master of Science in Applied Economics (M.S.A.E.) and an undergraduate degree from the College of Arts and Sciences or the College of Business Administration. Undergraduate students may begin their graduate work in their junior year. A maximum of 9 credits may count for both the undergraduate and graduate degrees. Within these credits, a maximum of 6 credits of 5000-level course work may transfer to the M.S.A.E.

University Policies

The university has various policies in place, including academic censure, academic integrity, academic misconduct, academic program definitions, accelerated degree programs, attendance, awarding diplomas and certificates, background checks, drug testing, class rank, commencement, course levels, credit hour, credit load, faculty grading, family education rights and privacy act, grade appeals, grading system, graduation, immunization and tuberculosis screening requirements, last date of attendance/activity, military call to active duty or training, registration, repeated courses, student consumer complaints, student data use and privacy, transcripts, transfer course credit, and withdrawal.

Graduate School of Management Policies

The Graduate School of Management has its own set of policies, including academic programs overview, academic review, advising, appeals, assistantships and fellowships, certificate concurrent enrollment, college of business administration policies, communication, conduct, confidentiality of proprietary information, continuous enrollment, courses and prerequisites, cross-listed courses, deadlines, dual/joint programs of study, graduate credit, independent study courses, intellectual property, inter-university visitation, law student consent to take a GSM course, prior learning assessment, temporary withdrawal from a graduate program, time limitations, and undergraduate students in graduate courses.