Master of Science in Economics

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 2 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Closing soon January 2027

Course Overview

The Master of Science in Economics at Southern Illinois University is designed for ambitious students aiming for impactful careers in government, business, or academia. You will delve into advanced economic theories and quantitative methods, preparing you to tackle complex challenges in areas like applied econometrics and mathematical economics. This postgraduate degree is ideal if you seek to develop sophisticated analytical skills and contribute to economic policy and business strategy with a robust understanding of market dynamics.

This full-time, on-campus Master of Science programme is typically completed over two years. You will engage with core coursework including microeconomic and macroeconomic theory, alongside specialized electives, accumulating at least 30 graduate-level credit hours. A significant component involves conducting independent research culminating in a master’s thesis, supervised by faculty experts, which counts for six credit hours. You will graduate prepared for roles requiring advanced economic analysis or for further doctoral study.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

The Master of Science in Economics program provides advanced training in economic theory and quantitative methods. Students will engage with core areas such as mathematical economics, applied econometrics, and microeconomic and macroeconomic theory. This program is designed to equip graduates with the analytical skills necessary for careers in research, policy, or further academic study.

1 Course and Hour Requirements

Mathematical economics I Compulsory
Applied econometrics Compulsory
Microeconomic theory I Compulsory
Macroeconomic theory I Compulsory

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 28,170.00
Second Year Fee Tuition fee
USD 28,170.00
Total Program Cost Estimated total tuition
USD 56,340.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 1,950.00 - USD 2,250.00
Food & Groceries USD 3,000.00 - USD 4,560.00
Transport USD 600.00 - USD 1,200.00
Utilities & Bills USD 960.00 - USD 1,800.00
Estimated Total USD 4,560.00 - USD 7,560.00

Living cost estimates are based on Carbondale campus.

Outcomes & Employability

What happens after you graduate

53%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Brokerage & Trading & SecuritiesCloud Computing & InfrastructureCreative & ContentCybersecurityDevOps & Site Reliability EngineeringDigital MarketingIndustrial & Offshore ConstructionInvestment Management & Asset ManagementNetworking & Internet ServicesQuality Control & Assurance

Top Employers Hiring for this course

AON

Bank of America

Boeing

CACI International

Caterpillar

JLL

Meta

State Farm

Why Study Master of Science in Economics at Southern Illinois University

What makes this program stand out

January 2027 Closing soon

Next intake is in January 2027

Very Fast Application response time

Southern Illinois University typically responds to applications within 1 - 2 days, giving you clarity on your options quickly.

Life at Southern Illinois University in United States

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Master of Science in Economics at Southern Illinois University

Can I work while studying?

International students can work up to 20 hours per week during the semester and full-time during breaks. On-campus work does not require a separate permit.

What English language score do I need for this course?

To meet English language requirements, students can take tests such as Duolingo, TOEFL, IELTS, or PTE with specific minimum scores. For example, the Duolingo overall score must be at least 115.

What jobs can I get after studying this course?

Graduates can pursue roles such as economic analyst, policy advisor, market researcher, or data scientist.

What will I actually study in this course?

This program covers advanced economic theories and quantitative methods, focusing on areas like applied econometrics and mathematical economics. It's ideal for those looking to enhance their analytical skills and engage in economic policy and business strategy.

When can I start — what are the intake months?

The Master of Science in Economics program has two intakes each year: January and August. Prospective students should prepare their applications accordingly to align with these start dates.
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