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Cost Estimating and Analysis, Master

  • Application Deadline
  • 24 months
, CA,
The Master of Cost Estimating and Analysis (MCEA) is a 24-month, distance learning graduate degree program designed to increase the accuracy and proficiency of DoD cost estimates and cost estimators.


This curriculum is sponsored by Naval Sea Systems Command as a joint effort between NPS and the Air Force Institute of Technology. Students will learn cost estimating techniques commonly used in both DoD and industry, and acquire foundation skills and hands-on experience in all aspects of cost estimation, including shipbuilding, aircraft, software, and many other areas. Students take two courses per quarter for eight quarters. Case studies and a capstone project will complete the program. This program blends web-based, online instruction, with video tele-education (VTE), and is especially tailored to students whose careers will not allow them to get away for a full-time graduate education program. While web-based courses are paced week-to-week by the instructors, students have the flexibility to do their coursework at times of their choosing during each week. The VTE classes meet at a pre-determined time, once per week for three hours during the workday.

The Master of Cost Estimating and Analysis is a professional degree awarded for completing a curriculum focused on the practice of the profession rather than the more general arts or sciences behind the profession. It is analogous to the professional focus of an MBA (Master of Business Administration) compared to the more academic focus of an MS (Master of Science) in Management Science.

The Master of Cost Estimating and Analysis degree requires:

  • Completion of a minimum of 40 quarter-hours of graduate-level courses with:
  • At least 15 quarter-hours of 4000-level courses.
  • Cost Estimating and Analysis core courses and a series of supporting courses in Probability, Statistics, Defense Acquisition, Financial Management, and Systems Engineering, all of which are set in a matrix approved by the Chairman, Department of Operations Research.
  • Students are required to demonstrate mastery of Cost Estimating and Analysis practice through satisfactory completion of a Capstone Project approved by the Chairman, Department of Operations Research. The quarter-hours earned in the Capstone project are applied towards satisfying the minimum graduate level quarter-hours for the degree.
  • Programme Structure

    • Probability and Statistics I
    • Acquisition of Defense Systems
    • Probability and Statistics II
    • Operations Research for Cost Analysts
    • Defense Budget and Financial Management Policy
    • Cost Estimation I: Methods and Techniques

    Detailed Programme Facts

    • Deadline and start date Application deadline and start date were not specified by the programme.
    • Programme intensity Full-time
      • Full-time duration 24 months
    • Languages
      • English
    • Delivery mode
      On Campus

    English Language Requirements

    This programme may require students to demonstrate proficiency in English.

    Academic Requirements

    A baccalaureate degree is required. Recent completion (within five years) of mathematics through single variable differential and integral calculus is considered minimal preparation. An academic profile code (APC) of 235 is required. For applicants with an undergraduate GPA below 2.7, a waiver will be considered depending on work experience.

    Tuition Fee

    Living costs for Monterey

    • 1100 - 1600 USD/month
      Living Costs

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


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