Master in Economics
A master's degree in economics from Central Michigan University is a stepping-stone to a the doctoral program of your choice. Lay the groundwork here for a career in business, academia or government.
Why This Program & What You'll Learn
A master's in economics is a necessary step for many careers in the field. Whether you pursue doctoral work or a job after graduating, CMU will give you the quantitative and data analysis skills you'll need to thrive.
At CMU, you'll work closely with faculty as you learn to conduct independent research. That collaboration is the hallmark of CMU's graduate program in economics. Many students co-author papers with faculty, and publish in peer-reviewed journals. That provides invaluable experience developing research skills and navigating the publication process.
CMU's economics program is very much international. About two-thirds of your colleagues will come from foreign countries. In the past, students have hailed from China, Romania, Ghana, India and elsewhere.
While most students go on to pursue a Ph.D., you may choose to go into business. Many employers in the private, non-profit, and government sectors are eager to hire employees with the knowledge and leadership skills you'll have. You may also opt to pursue a graduate certificate in data mining, which extends your analytical skills with coursework in statistics, actuarial and data sciences; computer science; and geography and environmental studies.
Intakes
- Jan
- Aug
Application Processing Time in Days: 30
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Central Michigan University (CMU) demonstrates strong job opportunity potential for its graduates, with a high career outcomes rate and a good placement culture. The university has a 94% placement rate, meaning a significant portion of graduates are either employed, continuing their education, or participating in military or other service. CMU also offers various student employment opportunities on campus and encourages networking with professionals in their field.
Here's a more detailed look at CMU's job opportunity potential:
High Career Outcomes Rate:
CMU reports a 94.9% career outcomes rate for recent graduates, which includes employment, continuing education, and military/other service. This indicates a strong track record of helping students transition into their careers.
Placement Culture:
CMU has a good placement culture, with a high percentage of graduates finding employment shortly after graduation.
Student Employment Opportunities:
The university offers various student employment opportunities, including Work-Study and General Student Assistance positions, providing students with valuable on-campus work experience.
Networking and Career Services:
CMU actively supports students in their job search, offering career services, networking events, and resources to help them find suitable employment.
Top Industries and Recruiters:
Many CMU graduates find jobs in technology, financial services, consulting, and biotechnology, with top recruiters including Google, Meta, Microsoft, Facebook, and Amazon.
Student Employment Support:
Central Michigan University's Student Employment Services connects students with on-campus job postings, determines Work-Study eligibility, and provides guidance on paperwork.
International Student Opportunities:
International students can apply for GSA (General Student Assistance) positions on campus, even if they are not eligible for Work-Study.
Off-Campus Job Postings:
CMU also provides a list of off-campus job postings for students to explore.
PSW Opportunity
Post-Study Work visa or permit, allowing international students on F-1 visas to work in the US after completing their studies, typically through Optional Practical Training (OPT).
Eligibility:
To be eligible for OPT, students must have been enrolled full-time in a US educational institution for at least one academic year and be seeking work related to their major.
Duration:
Students can apply for up to 12 months of OPT, either before they finish their studies (pre-completion) or after graduation (post-completion).
STEM OPT:
Students in STEM (Science, Technology, Engineering, and Mathematics) fields can apply for an extended OPT period of up to 24 months.
Admission Requirement / Eligibility Criteria
You may be exempt from submitting an English Proficiency Test if you are from an english-speaking country.
TOEFL: 550 PBT/79 IBT for regular admission. School Code 1106
IELTS: 6.5 for regular admission.
Pearson Test of English (PTE): 53 for regular admission.
Duolingo: 100 for regular admissions.
Michigan English Test (MET): A score of 52 is required for regular admission.
International Baccalaureate (IB): A grade of 5 in English at the Higher Level is required for regular admission.
Advanced Placement (AP): A score of 4 on the English Language or English Literature Exams.
General Certificate of Secondary Education (GCSE) or General Certificate of Education (GSE): A score of A or B on the English Language Exam.
SAT: Evidence-based Reading and Writing (EBRW) score of 520.
ACT: English score of 21.
ELS Language Center Program: Completion of Level 112 for regular admission.
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 02 Year
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Total Tuition Fee:
30000 USD
Average Cost of Living: 14000 USD /year
Application Fee: 40 USD
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