University Of North Carolina [UNC], Chapel Hill Programs, Tuition Fees & Entry Requirements 2022-2023

Master of Science [M.S] [Economics] From University of North Carolina

Chapel Hill, North CarolinaLocation
UniversitySchool type
Estd1795established year
26211enrollment
Public
8.3/10

Master of Science [M.S] (Economics)

2 years
Full Time
On Campus

Field of Study

₹25.6 L/Yr

$30,826 /Yr
  • MSc in Economics at the University of North Carolina at Chapel Hill is offered as a 2-years program by the Economics Department.
  • This university is ranked #28 in National Universities by US News 2021
  • It is an on-campus program offered on a full-time basis only.
  • The graduate program in the Department of Economics prepares students for teaching and research careers in the fields of econometrics, financial econometrics, health economics, industrial organization, international finance, international trade, labor economics, microeconomic theory, quantitative macroeconomics.
  • During the first year of the program, students concentrate on the core areas of econometrics, macroeconomics, and microeconomics. Later, each student chooses a field of specialization.
  • The department's objective is to provide students both with broad training in economics and econometrics and in a chosen field of specialization.
  • A number of students supplement their study in economics at UNC-Chapel Hill with work in finance, statistics, mathematics, biostatistics, urban and regional studies, computer science, and operations research, along with courses at Duke University and North Carolina State University.
  • Strong offerings in these and other related areas enhance the overall graduate training offered to students.
  • The MSc program consists of 30 credits.

Tuition Fees

Year1st Year Fees
Tuition Fees₹2555167 (USD 30826)

Other Expenses

HeadAvg Cost Per Year
Housing and Board₹984899 (USD 11882)
Health Insurance₹216840 (USD 2616)
Books and supply₹106928 (USD 1290)
Miscellaneous expenses₹150860 (USD 1820)
Total Cost₹1459527 (USD 17608)

Eligibility & Entry Requirement

Academic Eligibility:

  • Applicants must hold a bachelor’s degree in economics or equivalent from a recognized institution.
  • A GPA of at least 3.0/4.0 is required to be eligible for the program.
  • The minimum Mathematics requirement is multivariate calculus and linear algebra. 

Indian Student Eligibility:

  • Students must complete an undergraduate degree with first-class in a relevant field from a highly ranked university in India.
  • Or, students completed a master's degree with first-class in a relevant field from a recognized institution.

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 to get admission to this program.


Scores Required

90 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS

300 / 340

Avg. Score in

GRE updated

3.0 / 4

Minimum gpa

GPA


Required Document List

The following required documents are:

  • Resume/CV: It is the outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Three Letter of Recommendation: Letter of recommendation (combination of professional and academic recommenders) which includes information about the student, their connection with the person they are recommending, their qualification, and the specific skills they have.
  • Statement of PurposeThis statement must describe your qualifications and the objectives of your intended educational program.
  • Personal Statement: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Official Transcripts: Applicants who have attended and/or received degrees from institutions outside the US must provide certified copies and certified English translations of transcripts or records of all previous post-secondary education and of all degrees conferred.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Career and Placement after Course

The careers after graduation are:

  • Economist
  • Financial risk analyst
  • Data analyst
  • Financial planner
  • Accountant
  • Economic researcher
  • Financial consultant.
  • Investment analyst

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Jane M. Klausman Women in Business ScholarshipScholarship per student₹ 4.1 L/Yr$5,000Level Of StudyBachelorTypeMerit-Based
Education for Sustainable Energy Development Scholarship ProgramScholarship per student₹ 17.4 L/Yr$21,000Level Of StudyMasterTypeNeed-Based
SWE ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Young Women in Public Affairs AwardScholarship per student₹ 3.3 L/Yr$4,000Level Of StudyBachelorTypeMerit-Based
BeArt Presets-Academic ScholarshipScholarship per student₹ 1.7 L/Yr$2,000Level Of StudyBachelorTypeMerit-Based


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