What are the minimum requirements for acceptance into the Masters Program?
For an unconditional acceptance, you must have a minimum 3.00 GPA from an accredited undergraduate institution from the last 60 credits of your degree, and a minimum GRE score of Verbal 150, Quantitative 150 OR a minimum GMAT score of 500.
How do I apply for the Masters Program?
All applications are completed online. Please click here for the application center:
When is the deadline for applications?
For Fall admission, U.S. students must apply by July 1 and International students must apply by February 15. For Spring admission, U.S. students must apply by November 1 and International students by July 15. For Summer admission, U.S. students must apply by April 1 and International students by January 15.
What happens if I don’t meet the minimum requirements for entry?
If you don’t meet the GPA or GRE/GMAT requirement, you may still receive a conditional acceptance into the program. Such applications are reviewed on a case by case basis. In some cases, a high GPA can compensate for a lower GRE/GMAT score, and vice versa. If you receive a conditional acceptance, you are allowed to enroll in graduate classes, but must meet certain performance criteria in the first semester or year that is specified in your conditional acceptance letter. Once these conditions are fulfilled, the conditional acceptance will be converted to full acceptance.
How many credits do I need to attain the Masters Degree in Economics?
A minimum of 30 credit hours is required.
What is the minimum GPA that I need to achieve in order to graduate?
An overall GPA of 3.00 is required. Any grade below “C” is considered a failure, and does not count towards the Masters Degree.
What times and days are classes typically held?
Most graduate classes in Economics are held once a week in the evenings on the Boca Raton campus. However, various field and elective courses are held during the day, online, or on other campuses.
Must I have an undergraduate degree in Economics to apply?
No! Prospective students with undergraduate degrees in any discipline are allowed to apply. However, those without an Economics background are required to take a few pre-requisite classes before enrollment in graduate coursework in Economics. It is strongly recommended that students have the following courses before entering the Master’s in Economics program: Macroeconomics, Microeconomics, Calculus, Introduction to Statistics, Econometrics, and Mathematical Economics. To be clear, it is not necessary to complete all of these courses before beginning your studies at FAU, but it is suggested that all of these courses be completed by the end of your first semester of the Graduate Program.
Is there a lot of math involved in the Graduate classes?
Because Economics is an analytical science, it does require extensive math skills. However, these skills can be learned via the pre-requisite classes noted above.
How big are class sizes in the Graduate program?
Graduate classes in Economics typically range from 10 to 20 students.
Do I have to write a Masters Thesis?
The Masters Thesis is optional. Should you pursue it, it will count as 6 credit hours of your 30 needed to graduate. If you do not wish to pursue the Masters Thesis, you would simply take classes in its place in order to earn the required credits.
Are there any funding or assistantships?
Yes, the Department of Economics offers Graduate Assistantships (GA) on a competitive basis to outstanding full-time graduate students. GAs work 20 hours a week assisting faculty with various teaching activities, and earn a stipend of approximately $3,200 per semester along with a tuition waiver of up to 9 graduate credit hours (required university fees of $70 to $100 per credit hour excluded).
Are there opportunities to attend International Study Tours ?
Absolutely! Each May, the College of Business offers several one-week study tours where students can earn three credits towards their graduate degrees. In recent years, tours have visited Costa Rica, Brazil, Greece, Argentina, and Great Britain. Each tour is scheduled during the one-week break between Spring and Summer semesters, so that you will not miss any classes to attend these tours.
Are there other interesting things to know about the Program?
Graduate students are encouraged to be an active component of the department. Graduate students are encouraged to attend bi-weekly research seminars, a forum where leading academic faculty present their current research. Also, each Fall, the Department of Economics hosts an annual picnic to which all graduate students are invited.