The Master of Science (MS) in Economics program offers a comprehensive understanding of economic theories and empirical methods, equipping students with the quantitative skills necessary for research-oriented careers. The program provides three distinct tracks to cater to diverse academic and professional goals: 1. **Course-based Track:** An accelerated, eight-course program achievable in one academic year, without a thesis requirement. 2. **Research-based Track with Master's Thesis:** A more in-depth, twelve-course program extending over two academic years, culminating in a master's thesis. 3. **Research-based Track with Experiential Learning:** Also a two-year program, this track integrates practical experience through internships or research assistantships, alongside coursework. All students initially enter the course-based track and have the opportunity to apply for one of the research-based tracks at the end of their first academic year, based on academic performance. Successful applicants to the research-based tracks may need to present a research proposal and secure an advisor. All tracks are STEM-certified, preparing graduates for advanced academic study or professional roles in various sectors.
The MS in Economics program offers flexibility with different tracks. Students complete core courses in microeconomics, macroeconomics, and econometrics, along with electives. Research-based tracks include specialized seminars and thesis or experiential learning components.
Graduates of the MS in Economics program are well-prepared for diverse career paths in both academia and professional sectors. The program provides a strong foundation for doctoral studies or for roles in various industries.
All students are initially accepted into the course-based track. Admission to research-based tracks is based on performance in the first academic year. For thesis track, a strong research proposal and advisor availability are required.
Tuition rates are for the 2025-2026 academic year and do not include university fees. These rates apply to graduate courses. The Trustees reserve the right to change tuition and fees.
The cost per credit hour for graduate courses is $1,799. The course-based track requires 8 courses (24 credits) and research-based tracks require 13 additional credits on top of the 8 core courses (total 30 credits).
The estimated cost of attendance for graduate students, which includes living expenses, is $53,970 per year.
The course-based track is an accelerated, eight-course program achievable in one academic year. The research-based tracks extend over two academic years.
Graduates are well-prepared for PhD programs or roles in consulting firms, government and international agencies, the financial sector, and research positions.
A strong background in mathematics, including multivariate calculus, and some background in economics is expected for admission.
Applications must be completed before the submission deadline for full consideration for merit-based scholarships. Tufts alumni may be eligible for a 20 percent tuition discount.