Master of Arts [M.A] [Economics] From McMaster University

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Master of Arts [M.A] (Economics)

1 year

Full Time

Honours & On Campus

Field of Study:

Economics

8,548/Yr

8,548 /Yr

4 Students Applied

3 Students Admitted

McMaster University offers a Master of Arts in Economics for a duration of 1 year.
It is a course-based program available with both full-time and part-time options.
This program provides a thorough grounding in modern economics and preparing students for doctoral studies in economics and careers in the public and private sectors.
The following courses are compulsory for MA in Economics are:
- One-term course in Microeconomic Theory
- One-term course in Macroeconomic Theory
- Two one-term courses in Econometrics (1 each semester)
- A short course in Mathematical Methods
The fundamental goal of the Economics program is to prepare students for such an advanced study of economics.
The program will explain and analyze the relationships of, economic phenomena at the individual and economy-wide levels that affect the allocation of resources using economic theory and quantitative methods.
In addition to the compulsory courses, students have to complete 4 electives courses.
Students can take elective courses in a variety of fields, including Health Economics, International Finance, International Trade, Industrial Organization, Population Economics, and Public Economics.
The Student-faculty ratio of the Economics program is 7:1.
Students may also apply for a Ph.D. after completing this program which is 4 years thesis program available in both full-time and part-time options.
University provides various lab facilities to students such as Public Economics Data Analysis Laboratory (PEDAL), Statistics Canada Research Data Centre (RDC), and McMaster Experimental Economics Laboratory (McEEL).
The Department of Economics at McMaster University offers 2 graduate programs in Economics:
- 1 year MA in Economics Policy (MAEP) program
- 1-year course-based MA in Economics (MA) program
McMaster University is home to the best laboratories and brightest minds in the country who work every day to improve human and societal health and well-being and ranks 6^th in the country in the research intensity.
The Faculty of the department has received global recognition by winning awards such as the Early career researcher award, the Impact award, and the Scholar-In-Community award.
Job opportunities after MA Economics are Financial Analyst, Business Analyst, etc

Year	1st Year Fees
Tuition Fees	8548

Other Expenses

Head	Avg Cost Per Year
Room and Food (On-Campus)	9195
Housing (Off-Campus)	4860
Health insurance	203
Other Fees	160
Total Cost	14418

Eligibility & Entry Requirement

Academic Eligibility:

Students will have to complete an honors BA in Economics or a relevant degree from a recognized university.
Students have to maintain a B+ grade in courses during the final 2 years of their UG programs.
- Advanced microeconomics and macroeconomics courses (at least 1 course in each beyond the full-year intermediate courses).
- One upper-level (3^rd years or above) university statistics or econometrics course, with econometrics preferred.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

Completed a 4-year UG degree with first class in a relevant field from a recognized university.
Or, completed a 3-year UG degree from a recognized institution and required a minimum GPA in the final 2 years.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.

Scores Required

88 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

60 / 90

Avg. Score in

PTE

Required Document List

Following are the required document:

Online application form and fees: Students have to fill the online form and submit the application fees.
CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
Two Academic or Professional References: Referees (Teachers, guidance counselors, or Professors) should comment on academics, and that references should submit along with the application system.
Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
Transcripts: Students have to submit transcripts from all universities/colleges attended, World Education Services Assessments, and English Language Proficiency test scores.
Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.

Course Guides

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Masters in Economics in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries

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Career and Placement after Course

Career opportunities for the students are:

Economist
Economic Advisor
Executive Analyst
Consultant
Researcher
Financial Analyst
Business Analyst
Economic Research Analyst
Stock Market Analyst.

Scholarship Grants & Financial Aids

Name	Scholarship Per Student	Level of Study	Type
Ontario Trillium Scholarship 2	Scholarship per student 10,000/Yr$10,000	Level Of StudyMaster	TypeAwards	View Details
Ontario Graduate Scholarship	Scholarship per student 10,847/Yr$10,847	Level Of StudyDoctorate	TypeCollege-Specific	View Details
VueVille Future Technology Scholarship	Scholarship per student 1,000/Yr$1,000	Level Of StudyBachelor	TypeMerit-Based	View Details
Paul Foundation scholarships	Scholarship per student 20,174/Yr$20,174	Level Of StudyDiploma	TypeMerit-Based	View Details
FINCAD Women in Finance Scholarship	Scholarship per student 20,000/Yr$20,000	Level Of StudyMaster	TypeMerit-Based	View Details
Go Clean Scholarship	Scholarship per student 3,500/Yr$3,500	Level Of StudyBachelor	TypeMerit-Based	View Details