M.Sc. On Campus


University of Wisconsin Madison

24 months
25548 USD/year
25548 USD/year
12220 USD/year
Tuition fee
Apply date
Start date


The University of Wisconsin Madison offers a Master degree in Economics, with two named option degrees. The M.S. Named Option in Graduate Foundations is a terminal master's degree that students apply to directly. The other M.S. Named Option Economics degree is part of the Ph.D. program and does not admit students directly.


The Economics Master of Science at the University of Wisconsin Madison prepares students for high-level professional careers in government and industry or further study for the Ph.D. degree. The program emphasizes econometric training more than similar programs at other universities.

Today's job market and Ph.D. programs in economics require strong quantitative skills along with a command of microeconomic and macroeconomic theory. Wisconsin's tradition of supporting economic theory with quantitative methods is well suited to these requirements.

Learning outcomes

  • Demonstrates understanding of core economic principles and theories in microeconomics, macroeconomics, and econometrics.
  • Uses econometric methods to communicate empirical questions in writing.
  • Conducts empirical research following ethical principles of the discipline for using sources.

Programme Structure

Courses include:

  • Economic Theory - Microeconomics Sequence
  • Economic Theory - Macroeconomics Sequence
  • Mathematics Economics
  • Statistics
  • Economic Statistics and Econometrics 

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


30 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
GRE admission requirements GRE®

Other requirements

General requirements

  • Admission requirements include a bachelor's degree, plus three semesters of calculus, a semester of linear algebra, and a semester of mathematical statistics, which must be completed before entering the program.
  • Mathematics preparation should include multivariate calculus, elementary probability, and regression analysis.
  • Applicants must submit three letters of recommendation and Graduate Record Exam (GRE) scores

Tuition Fee

To alway see correct tuition fees
  • International

    25548 USD/year
    Tuition Fee
    Based on the tuition of 25548 USD per year during 24 months.
  • National

    25548 USD/year
    Tuition Fee
    Based on the tuition of 25548 USD per year during 24 months.
  • In-State

    12220 USD/year
    Tuition Fee
    Based on the tuition of 12220 USD per year during 24 months.

Living costs for Madison

1015 - 1752 USD /month
Living costs

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


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.

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