Program Overview

Master of Economics

The Department of Economics offers a Master of Economics coursework programme with two tracks, the Applied Economics track and the Quantitative Economics track.

Applied Economics Track

The career-oriented Applied Economics track is for individuals who wish to become professional economists or economic consultants in business, non-profit, or government organizations. Students who successfully complete this course will be able to apply their economic expertise to a wide range of challenging situations facing firms, policymakers, and other stakeholders.

Quantitative Economics Track

The academic-focused Quantitative Economics track is for students who wish to acquire a deeper knowledge of advanced economic theory and analytical and quantitative methods. It prepares students for doctoral studies in economics and careers that require more rigorous training in advanced economic theory and quantitative skills.

Applicants should declare their preferred track at the time of application and indicate whether they are willing to be considered for the other track.

• Students on the Quantitative Economics track may apply to transfer to the Applied Economics track by the end of the first semester.
• Such transfers are subject to the Department's approval, and no reversion of tracks will be permitted.
  • Students on the Applied Economics track will not be permitted to transfer to the Quantitative Economics track.

Financial Support

• Fee Rebates: Applicants in the following categories who are accepted to the ME programme will automatically receive a fee rebate:
  • Citizens and permanent residents of Singapore (50% rebate)
  • International NUS alumni (at least 20% rebate)
  • Citizens of ASEAN countries (rebate at appropriate levels)
• Merit-based fee rebates will also be awarded to selected applicants.
• ME Scholarships: There are nine merit-based ME scholarships open to successful applicants who demonstrate academic excellence and strong leadership potential.
  • The scholarships will be awarded as follows:
    • Three to Singapore citizens or permanent residents
    • Three to applicants from ASEAN countries (excluding Singapore)
    • Three to other applicants
  • Each scholarship includes a full tuition fee waiver and a stipend of $12,000 per semester for two semesters.
• The ADB-Japan Scholarship Program: The Asian Development Bank (ADB) – Japan Scholarship Program was established in April 1988 with financing from the Government of Japan. It aims to provide an opportunity for well-qualified citizens of ADB's developing member countries to undertake graduate studies in various subjects, including economics. The scholarship covers full tuition fees and some expenses.