M.A Economics at McMaster University, Hamilton Fees, Entry Requirement & Application Deadline

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

Hamilton, OntarioLocation
UniversitySchool type
Estd1887established year
33147enrollment
Public
Partner [2 Courses]
7.9/10

Master of Arts [M.A] (Economics)

1 year
Full Time
Honours & On Campus

Field of Study

₹5.1 L/Yr

CA$8,548 /Yr
4 Students Applied
3 Students Admitted

Tuition Fees

Year1st Year Fees
Tuition Fees₹512025 (CAD 8548)

Other Expenses

HeadAvg Cost Per Year
Room and Food (On-Campus)₹550781 (CAD 9195)
Housing (Off-Campus)₹291114 (CAD 4860)
  • 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 6th 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 

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 (3rd 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.

Ranking

20242023202220212020201920182017

QS World University logo
Economics 251 out of 560 in Global Ranking

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TOP Scholarships

Scholarship nameAward amountEligibility
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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.


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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ontario Trillium Scholarship 2Scholarship per studentVariable AmountLevel Of StudyMasterTypeAwards
Ontario Graduate ScholarshipScholarship per student₹ 6.5 L/Yr$10,847Level Of StudyDoctorateTypeCollege-Specific
Rotary Foundation Scholarships- Global GrantsScholarship per studentVariable AmountLevel Of StudyMasterTypeCompany-Sponsored
Narotam Sekhsaria ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Golden Key Graduate Scholar AwardScholarship per student₹ 1.5 L/Yr$2,500Level Of StudyMasterTypeMerit-Based
Deutschland Stipendium ProgramScholarship per student₹ 2.6 L/Yr$4,363Level Of StudyBachelorTypeCollege-Specific

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