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The MS in Economics and Quantitative Analysis at DePaul University
Unlock Economic Insight. Activate Your Career.
The world runs on data. But real value comes from those who know how to use it. DePaul’s MS in Economics and Quantitative Analysis is a STEM-designated program that combines economic theory with cutting edge quantitative methods, preparing you to become the economic analyst employers rely on—someone who can cut through complexity, uncover insights and drive results. At DePaul, you’ll work on real projects with real data, building models and testing strategies to shape decisions. Taught by full-time faculty who consult with global institutions and backed by DePaul’s strong Chicago network, this program gives you the analytical and decision-making edge to stand out.
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Program Snapshot
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Duration: As little as 12 months
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Formats:
- In-person: Traditional in-person sessions
- In-person Hybrid: A combination of traditional in-person sessions and on-demand learning materials
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Location: Downtown Chicago
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Start Term: Fall, Winter, Spring and Summer. Fall provides the most flexibility.
Program Facts:
- Average salary of recent Economics & Quantitative Analysis graduates is $80,000
- 91% of alumni report favorable employment outcomes six months after graduation
Why Study Economics and Quantitative Analysis at DePaul?
Build Analytical Expertise Employers Trust
Economic Analysts today do more than interpret data. They drive strategy. DePaul helps you build the analytical, technical and consulting abilities that employers are looking for.
What You’ll Gain:
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Econometrics & Modelling Skills: Estimate outcomes, evaluate policies and forecast market shifts using advanced quantitative methods.
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Forecasting & Scenario Planning: Apply time series models and simulations to shape long-term strategies across industries.
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Hands-On Programming: Gain fluency in Rand Stata, turning data into actionable insights and compelling narratives.
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Consulting Skills Capstone: Solve business problems using live business and government data and strategic modeling.
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Job-Ready Deliverables: Graduate with original empirical research and consulting reports that showcase your ability to deliver results.
You’ll leave DePaul ready to prove your impact from day one.
Where This Degree Can Take You
With DePaul’s MS in Economics and Quantitative Analysis, you’ll be positioned to succeed in a wide range of industries, including:
- Consulting
- Finance
- Healthcare & insurance
- Technology & data
- Government & public policy
- Nonprofit & international development
You’ll also be prepared for roles such as:
- Business or economic analyst
- Strategy consultant
- Data scientist
- Policy advisor
- Research Analyst
Our alumni use their training to shape economic decisions, advise stakeholders and influence outcomes around the world.
Learn From—and Alongside—Chicago’s Economic Experts
Whether you plan to work downtown or across the country, DePaul’s hands-on approach gives you a competitive advantage.
Our courses are taught entirely by full-time faculty who actively consult, publish and shape policy. They bring the field into your classroom, drawing on their experience with organizations like the International Monetary Fund, federal agencies and major think tanks.
That means you learn from experts who publish in top journals and show you how theory lives in the real world. They’ll push you to think bigger, explore complex problems and deliver work that makes a measurable impact.
"Economics provides the clarity and structure needed to tackle society’s most complex challenges, with data and evidence playing a critical role in shaping effective solutions. In my own work at the IMF and Bank of America Merrill Lynch, I’ve seen how theoretical frameworks, combined with rigorous data analysis, generate powerful insights and solutions to real-world problems. That’s the perspective we bring to every lecture, project and discussion: blending theory with empirical analysis and practical application."
Professor Jaejoon Woo
You’ll also benefit from:
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Guest Speakers: Executives and leaders from Chicago-based firms will highlight their real-world applications of economic analysis, offering insight into how they use data to guide pricing, forecasting and strategic planning.
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Networking Exclusive Events: Our annual Fall Economics Reception and Spring Conference bring students and alumni together to connect one-on-one—and open doors to mentorship and potential job opportunities.
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Consulting Experience: In your capstone project, gain hands-on experience working with real business data to solve challenges in areas like demand forecasting, competitive analysis and market entry strategy.
Support That Extends Beyond Graduation
At DePaul, your success doesn’t stop at graduation—or even the city limits. You’ll have access to a robust network and dedicated resources that continue long after you earn your degree.
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DePaul’s
Career Management Center: Work 1:1 with experienced career coaches and get tailored support for job searches, resumes and interviews.
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Faculty with Industry Ties: Learn from instructors who are active researchers and ready to open doors and provide a real-world perspective.
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Alumni Network That Opens Doors: Join a global business community with more than 74,000 DePaul business graduates—16,000 in Chicago alone—working across consultancies, corporations and government agencies.
Wherever you’re headed next, we’ll help you build a strategy—and a network—to get there.
“At DePaul, I have learned how to evaluate situations using solid economic frameworks and empirical strategies. Because of the small class sizes and opportunities to work with my peers and professors, I have built my network in Chicago.”
Jenna (MS ’22)
Read the Kellstadt Blog to explore more alumni perspectives
91%
of DePaul graduate business alumni report favorable career outcomes six months after graduation.
Upcoming Application Deadlines
| Enrollment Quarter |
Domestic Student Deadline |
International Student Deadline |
| Fall |
August 15 |
June 15 |
DePaul offers a range of tuition support and financial aid options to make your investment count.
Learn more about scholarships
For more information, contact the Kellstadt office at (312) 362-8810 or
kgsb@depaul.edu.
Named a Best Value College by U.S. News & World Report (2025)
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