Degree Requirements

Degree Requirements

Prerequisite Requirements

Students must have completed one course in Principles of Microeconomics and one in Principles of Macroeconomics prior to admission to the MSEPA program.

Course Requirements

Students in the MSEQA program complete 12 courses (48 credit hours). The degree consists of seven required core courses plus five elective courses. As part of the electives, students may apply for a one- or two-course equivalent research fellowship. 

Students may enroll in the program on a full-time or part-time basis. Classes are generally offered during the evening. The typical full-time student will finish the program in five quarters. Students are advised to take no more than three courses per term. Students attending the program part-time will typically take two evening courses per quarter and finish the program in six quarters.

Within the MS-EQA degree program, our quantitatively focused electives reflect the intersection of data-driven methodologies with specific branches of economic study. Tailored to meet the demands of contemporary economic analysis, these courses seamlessly integrate rigorous economic theory with advanced quantitative techniques. Students will have the opportunity to explore areas such as labor economics, where they will analyze workforce trends and employment data; health economics, delving into the data-rich realm of healthcare outcomes and costs; and industrial organization, assessing the structures and behaviors of firms in competitive markets. All courses, while rooted in their unique theoretical domain, emphasize the power of quantitative tools to extract actionable insights. Through this blend of specialized economic focus and quantitative rigor, our electives ensure graduates are well-prepared to address nuanced challenges across varied economic sectors.

Core Courses (7 required courses)

Elective Courses (5 courses required)

Research Fellowship

The research fellowship allows students to work full-time on Capitol Hill, an independent agency or nonprofit in Washington D.C., Chicago, or elsewhere for 12 to 16 weeks. Fellowships immerse students in analysis, research and policymaking, while providing a unique opportunity to develop an extensive professional network.

In order to be eligible for the fellowship, students must have earned a course grade of B or better in ECO 505, ECO 506 and ECO 507.  In addition to the academic requirements, students must also have departmental approval.

Degree Requirements

• Satisfactory completion of the college residency requirement.
• Satisfactory completion of the 12 required and elective courses.
• All courses for credit toward the degree must be completed within six calendar years after the candidate’s first term of enrollment in the Kellstadt Graduate School of Business. After a lapse of six years a course is expired. An expired course is not acceptable for the purpose of satisfaction of degree requirements and is not applicable to the degree without the written approval of the director of the program or the Kellstadt Graduate School of Business.​ 

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