University of California, Los Angeles
Room 4289 Bunche Hall
Los Angeles, CA 90095
Master of Applied Economics
The UCLA Master of Applied Economics is a full-time, intensive, 9-month program offering unique opportunities to master theory and application of economic principles, enhance skills in communication for business contexts, and gain hands-on experience.
The MAE is a new program, created in response to the increasingly high demand from students seeking a terminal master’s degree in economics from UCLA and employers looking for candidates with advanced training. After an extensive design and review process, we are pleased to accept our first cohort for the Fall of 2016. The MAE is designed to better prepare students with a baccalaureate in economics or a related field to serve the financial sector, federal and state governments, and private industry with sophisticated methods and rigorous models of analysis.
UCLA’s Department of Economics is one of the highest-ranked in the world. Our young and active faculty are shaping policy and informing critical issues with their world-renowned research. The MAE program features instruction from mostly tenured faculty, providing students with the opportunity to engage in critical discussion on a diversity of topics. The Department’s alumni also play key roles in banking, consulting, finance, accounting, management, business, technology, marketing, and human resources – to name a few. One of the largest and most notable in the country, the Department is home to over 3,300 undergraduates and 110 doctoral students, who represent over 60 countries across the world. We are excited to have more students join this impressive group through our new MAE program.
From our expansive medical complex, to more than 290 research centers, to libraries, museums, film and music archives, and art galleries, UCLA provides horizon-broadening, humanity-serving resources not only to its students but to every citizen of California. UCLA is located in Westwood, 6 miles east of the Pacific Ocean and 13 miles west of downtown. Bordered by iconic neighborhoods — Bel Air, Brentwood, Santa Monica, and Beverly Hills — UCLA is a crossroads of ideas, cultures and limitless experiences and opportunities.
It is expected that applicants will have a strong quantitative background including: linear algebra, multivariate calculus, probability and statistics and econometrics. Students should be familiar with computer assignments involving the use of statistical and econometric applications and mathematical tools. Students must be adept at using advanced quantitative concepts in order to complete the program. We will use a combination of scores on the GRE and relevant coursework to assess students’ quantitative abilities. We will highly value documented work experience in applying quantitative methods in research, business or other professional environments.
International Requirements: An international applicant whose post-secondary education is completed outside of the U.S. is expected to hold a degree representing completion of at least four years of study with above average scholarship from a university or university-level institution.
International applicants should submit transcripts in both the original language AND the authorized, complete, and exact English translation certified by the issuing institution. Degree and diploma certificates (or other evidence of conferral of all degrees, diplomas or professional titles) must accompany the transcripts, and must also be submitted in the original language and in English. This evidence may be in the form of officially certified copies of the actual diploma, entries on official records or official statements from granting institutions. In all cases, the statement must include the exact, original title of the degree and the date of its formal conferral (month and year).
A TOEFL score of at least 560 on the paper and pencil test or 220 on the computer based test is the minimum required. For the internet-based TOEFL, applicants must have a minimum total passing score of 87. You do not need to meet the minimum passing scores for each section as long as this minimum overall score of 87 is met. An IELTS overall band score of at least 7.0 is the minimum required. Applicants who hold a bachelor’s or higher degree from a university located in the United States or from another country in which English is both the spoken language and the medium of instruction, or who have completed at least two years of full-time study at such an institution, are exempt from the TOEFL/IELTS requirement.
Financial Aid: No
# of Credits Required: 48
Average Cost per Credit (Graduate): $1,000 USD
In State Tuition (per year): $51,176 USD
Out State Tuition (per year): $51,176 USD
Classification: Doctoral/Research University—Extensive
Locale: Large City
Size & Settings: 20,000-39,999