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Graduate

Master of Science

The Economics Master of Science program provides a deep understanding of the theoretical and empirical foundations of economics and the quantitative tools required for research careers in economics. There are three required, two-term core courses for both tracks: microeconomics, macroeconomics, and statistics-econometrics. Applications for the program are accepted only for the fall semester. All students are initially accepted into the Course-Based track. Students may apply to transfer to the Research-Based track at the end of the first semester. The decision to accept students into the Research-Based track is based on performance in the first academic year. Both MS Programs carry STEM certification.

The Master of Science is a two-track program in Economics. Detailed program requirements can be found in each section, below:

The Master of Science Degree program requirements are designed to provide an understanding and hands-on applications of the theoretical and empirical foundations of modern Economics: statistics and econometrics, microeconomic theory, macroeconomic theory, mathematics, and applied topics. In order to achieve these objectives, there are six required core courses. This six-course core consists of three required two-semester sequences in microeconomics, macroeconomics, and statistics/econometrics.

Our offerings of a M.S.-Course-Based and M.S.-Research-Based line of study, allows students to select based on their own preferences and academic and professional needs. The M.S.-Course-Based and the M.S.-Research-Based degrees are attractive to students looking for advancement in both professional and academic careers.

Elective courses may be selected from a variety of approved offerings within the department, or from approved courses offered at nearby institutions. Students may take courses at the Fletcher School of Law and Diplomacy, Boston College, Boston University, and Brandeis University. A maximum of two graduate courses taken elsewhere can be transferred, subject to the approval of the department.

The 8-course M.S.-Course-Based program is designed for a well prepared student to complete in one academic year. The 12-course M.S.-Research-Based program with a thesis is designed for a well prepared student to complete in two academic years. The faculty and the university encourage students to learn at a pace that best reflects their individual circumstances.

Thanks to a generous gift from Rick Henken, a double Jumbo in Economics and currently President of Schochet Associates, we have established the Henken Family Endowed Graduate Research Fund. This fund provides the Department of Economics with the resources to support one or more Henken Family Scholars each year. Learn more about Henken Family Endowed Graduate Research Fund.

In addition to the regular Master's program, the Economics Department also offers a two-year program, in conjunction with the Department of Urban and Environmental Policy, leading to the degree of Master's in Economics and Urban and Environmental Policy. Applicants to this program must be accepted by both departments. The university also offers a certificate program in water systems known as Water: Systems, Science, and Society.

Upon receiving their degree, students pursue a variety of options. Some enroll in Ph.D. programs in economics or related subjects, such as marketing, finance and accounting. The preparation received at Tufts provides students with an exceptional background for doctoral study. Students may also apply to the department Ph.D. programs in Economics and Public Policy or Human Developmental Economics. The MS course work may count for credit towards the doctoral degree and is determined in consultation with the relevant program director.
Other graduates find employment in consulting firms, government and international agencies. Still other graduates pursue careers such as teaching (either at community colleges or private secondary schools), working in the financial sector, or conducting research at various institutions.

In addition to departmental requirements, all students are subject to the university regulations as stated in the Tufts Bulletin.