Economics graduate programs may prepare students for a variety of potential careers in business and government. Graduate programs in economics train students in quantitative techniques, stress the application of theory to modern economic problems, and highlight the application of original research skills. If you're interested in attending an economics graduate school, find the program that's right for you.
Some Economics programs build their curriculum around economic theory including advanced graduate programs in microeconomics, macroeconomics, econometrics and research methodology; applied economic research is also required. Other economics programs are business administration oriented with a concentration in economics, and may offer students other positives, such as strategic thinking, budget analysis and leadership skills.
Masters in Economics degrees usually take 2 years to complete, and are considered as qualification for entry-level jobs. Those aspiring to top economist jobs usually pursue a doctorate degree in Economics.
Potential Career Paths for Students in Economics Graduate Programs
According to the Bureau of Labor Statistics, economists held 21,500 jobs in the United States in 2015. The majority of economists (21%) were employed by the federal government. Other industries of employment included; management, scientific, technical and consulting services, scientific research and development services, state and local government, and finance and insurance.
Career Fact: According to the Bureau of Labor Statistics, some economists combine a full-time job in universities or businesses with part-time consulting work.