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Economics (Concentration in Financial Economics), M.A.

  • Application Deadline
  • 12 months
    Duration
University rank #601 (QS) , VA,
The Master of Arts in Economics is designed to enhance the student’s abilities to use economic modeling to conduct applied analytical and econometric research. Students in this program are expected to demonstrate competence over a rigorous and current core curriculum in microeconomic and macroeconomic theory and in econometrics.

About

Graduates of the program should be well-qualified to conduct applied economic analysis in either a government or corporate research setting. The program also is an excellent preparation for entry into a doctoral program in economics or finance.

Student learning outcomes:

  • Students will use optimization techniques to develop demand and cost conditions from specifications of underlying utility and technology. Specifically, given a simple functional form for utility, students will be able to solve for optimal individual demand and, given a production technology, students will be able to solve for the firm’s cost curves.
  • Students will understand and know how to apply quantitative macroeconomic models.
  • Students will critically evaluate the validity of conclusions drawn from econometric models by others who have access to the primary data. In the AACSB classifications, this is a management-specific goal.

Accreditation

  • Association to Advance Collegiate Schools of Business

Programme Structure

Courses include:

  • Advanced Microeconomic Theory
  • Advanced Macroeconomic Theory
  • Econometrics
  • Mathematical Economics
  • Financial Markets
  • Econometric Time-series Analysis
  • Panel and Nonlinear Methods in Econometrics

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Credits
    30 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

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  • Minimum required score:

    80

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

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  • Minimum required score:

    550

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

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General Requirements

  • Application to graduate study, including the application for Virginia in-state tuition.
  • Personal statement submitted with the online application.
  • $70 application fee.
  • T​​hree reference letters submitted through the online application.
  • Transcripts from each institution you attended are required. 
  • Official test scores, if required by your program.
  • Your resume, if requested by the department to which you are applying.

Tuition Fee

  • International

    27971 USD/year
    Tuition Fee
    Based on the original amount of 27971 USD per year and a duration of 12 months.
  • National

    14497 USD/year
    Tuition Fee
    Based on the original amount of 14497 USD per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Richmond

  • 1071 - 1750 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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