Essential for success in the global economy
A master’s degree in economics is an increasingly essential tool in a global economy. The M.A. program in economics at New York University is one of the most rigorous in the country. It will give you a solid background in advanced economics and enable you to upgrade your skills in applied economic analysis and public policy. It can also serve as an excellent preparatory degree for those students wishing to go on to a Ph.D. program elsewhere in the U.S. Some of our MA Economic graduates have gone on to pursue a PhD at the following universities: University of Chicago, University of Minnesota, UCLA, University of Oxford, Ohio State, Georgetown and NYU.
Candidates who hold a master’s degree in economics have much better employment prospects than those of bachelor’s degree holders, and they also obtain a higher median base salary than candidates with bachelor’s degrees (from Occupational Outlook Handbook, Bureau of Labor Statistics). Opportunities for economists range from positions in the business world in banking, insurance, investment and communications firms to those in academic settings, government agencies, trade associations and consulting organizations. Our students are employed at such companies and organizations as: American Express, Credit Suisse, Goldman/Sachs/& Co., Smart Money Magazine, Time Magazine, Citigroup, Deutsches Bank, Bloomberg Communications, AIG Insurance Company, Moody’s Economy.Com, The IMF, Federal Reserve Bank of New York and the Royal Bank of Canada
NYU Economics Alumni Club
A degree is more than a paper diploma; it is experiences, friendships and opportunities that never graduate. NYU M.A. Economics Alumni Club is an independent student and alumni volunteer coordinated club for our M.A. Economics Family. Please check out the website for alumni news, upcoming events, job postings, career discussions, alumni marketplace and more. Join us to receive exclusive invitations to both NYU Department of Economic sponsored events as well as private social networking parties.
The M.A. degree in economics requires a minimum of three semesters of full-time study. The time limit for completion of the degree is five years for both full- and part-time students.
Course of Study: Formal requirements for the Master of Arts degree in economics are the satisfactory completion of graduate studies totaling at least 32 points and the writing of a special project report. In order to graduate, students must complete at least 24 points within the Department of Economics at New York University (i.e., courses with a G31 prefix). (Transfer credits do not count toward this requirement.) Most courses carry 3 points; the special project carries 2 points. Students must have a cumulative GPA of at least 3.0 (B) with 18 points of B (3.0) or better. Students may take 8 points outside the Department of Economics.
The M.A. degree requires five core courses, five elective courses, and a special project in economic research.
The five core courses are Mathematics for Economists (G31.1001), Microeconomic Theory (G31.1003), Macroeconomic Theory I (G31.1005), Applied Statistics and Econometrics I (G31.1101), and Applied Statistics and Econometrics II (G31.1102).
Special Project in Economic Research (G31.3200) is taken in the final or penultimate semester. The aim of the course is to integrate material and tools that have been taught throughout the M.A. program in addressing applied economic and policy problems. Students are encouraged to approach research questions from outside a narrow specialization and to consider linkages between different fields.
Elective courses are selected from the department’s regular course offerings. Students may also select relevant courses at the NYU Leonard N. Stern School of Business. This strategy is designed to give students a well-rounded education that will be useful after graduation in the nonacademic world. In addition to regular courses in economics, students take courses in finance, accounting, international business, and operations research at Stern. Highly qualified M.A. students preparing for a Ph.D. program may also take courses in the graduate division of the Department of Mathematics at the Courant Institute of Mathematical Sciences, which offers balanced training in mathematics and its applications in the broadest sense.
ADvanced Practical Training
Advanced Practical Training duties is used to and must significantly enhance students' ability to apply economic principles in practice. For successful completion, students must prepare a report in which they describe how the internship or practical training has enhanced their understanding of economics. All Master and PhD in Economics are not required to take a course in Advanced Practical Training. However, this course is offered in case students are interested in taking it as an elective.