Iowa State University

M.Sc. On Campus
18 months
26352 USD/year
24720 USD/year
9758 USD/year
Tuition fee
Apply date
Start date


The Master of Science in Economics program of Iowa State University is designed primarily for students who have the desire and the aptitude to pursue a Ph.D. in Economics or Agricultural Economics, but require additional coursework background before beginning Ph.D.-level studies.


Students who do not wish to pursue a Ph.D. at Iowa State University follow the M.S. Normal Progress Guidelines and complete the M.S. degree requirements, in 1.5 to 2 years, and may pursue Ph.D. studies elsewhere or enter the workforce directly. In any case, students develop their understanding of economic theory, sharpen their quantitative skills, and gain the ability to analyze a wide variety of applied problems.

Key facts:

Learning Goals that students in this program are expected to meet include:

  • Demonstrate comprehensive understanding of scholarly literature in economics and an ability to critically evaluate it.
  • Articulate research objectives that, when met, will lead to significant contributions to economic knowledge.
  • Effectively apply theory and qualitative and quantitative empirical methods to address research questions; understand how to acquire, analyze, and report data.
  • Interpret research results appropriately, integrating them into existing knowledge in the discipline.
  • Clearly and accurately communicate research findings orally and in writing.
  • Always conduct scholarship, whether independently or in teams, in ways that reflect ethical practice and professionalism.


Iowa State University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.

Programme Structure

Courses include:

  • Quantitative Methods in Economic Analysis 
  • Microeconomics
  • Macroeconomics
  • Labor Supply and Human Capital Formation
  • Managerial Economics for the Global Organization
  • Advanced Environmental Economics

Key information


  • Full-time
    • 18 months

Start dates & application deadlines




24 alternative credits


On Campus

Academic requirements

GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).

Other requirements

General requirements


  • Academic Records
  • GPA
  • Statement of Purpose
  • Letters of Recommendation

Tuition Fee

  • International

    26352 USD/year
    Tuition Fee
    Based on the original amount of 13176 USD per semester and a duration of 18 months.
  • National

    24720 USD/year
    Tuition Fee
    Based on the original amount of 12360 USD per semester and a duration of 18 months.
  • In-State

    9758 USD/year
    Tuition Fee
    Based on the original amount of 4879 USD per semester and a duration of 18 months.


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.

Fresh content

Updated in the last 3 months

Check the official programme website for potential updates.

Iowa State University