Master of Science in Economics – Quantitative Economics

Illinois State University

Normal, Illinois, USA
Master of Science in Economics – Quantitative Economics
Duration1.5-2 Years
LevelMasters Program
  • Quantitative Economics is an interdisciplinary program between the Economics and the Mathematics departments
  • The sequence is designed for students who intend to pursue a double Master’s in Economics and Mathematics/Statistics, for students interested in the quantitative aspects of Economics, and/or for students interested in enhancing their mathematics skills to pursue a Ph.D. in Economics in the future
  • In addition to 22 hours of core courses in economic theory, students will take 12 or more hours of graduate-level math courses
Fees componentsAmount
Tuition & fees1192787 INR
Hostel & Meals709989 INR
Insurance56615 INR
Transportation177387 INR
Housing Application Fee3662 INR
Mandatory Fees153365 INR
Personal Expenses244768 INR
Books & Supplies 60057 INR
Total1405843 INR

Entry Criteria

Class 12thNo specific cutoff mentioned
BachelorsNo specific cutoff mentioned
  • Applicants must:
    • have earned a four-year bachelor's degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic year
    • have a cumulative GPA of 3.0 on a 4.0 scale for either the last 60 hours of undergraduate coursework or any previous work in a master’s program
  • Three-year degrees may be eligible for a review into a graduate degree program, students completing a degree from India must meet specific criteria
    • The degree is from an A or better NAAC accreditation CGPA and an average percentage mark at the graduation of 55 percent or higher or
    • The degree is from a B or better NAAC accreditation CGPA and an average percentage mark at the graduation of 60 percent or higher (i.e., second division or higher) or
    • The student has completed a post-graduate year in the same field or a master’s degree in any field
  • Prerequisite subjects:
    • basic calculus and statistics
    • intermediate microeconomics and macroeconomic theory


ExamsTOEFL: 79

IELTS: 6.5

GRE: 290
  • Applicants need to have a quantitative score of 150 or better, and a verbal score of 140 or better

Contact form