Quantitative Economics is an interdisciplinary program between the Economics and the Mathematics departments. The sequence is designed for students who intend to pursue a double Master’s in Applied Economics and Mathematics/Statistics, for students interested in the quantitative aspects of Economics, and/or for students interested in enhancing their mathematics skills to pursue a Ph.D. in Economics in the future.
In addition to 22 hours of core courses in economic theory, you will take 12 or more hours of graduate-level math courses.
This is a STEM designated degree, which focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. STEM designated degree programs offer additional benefits for students, including potential grant funded opportunities and, for international students, extended OPT study options.
A student applying to a master's program must:
International students can learn more about specific application requirements by visiting the Office of Admissions.
A student admitted in the program must have a cumulative GPA of 3.0 on a 4.0 scale for either the last 60 hours of undergraduate coursework or any previous work in a master’s program. For admission without deficiencies, applicants need to have successfully completed college courses in:
Students who do not meet these coursework requirements can still be admitted into the program but will have to take additional classes.
Applicants need to have a quantitative score of 150 or better, and a verbal score of 140 or better. Use institutional code 1319 to submit GRE scores.
This program requires three letters of recommendation. At least two of the letters of recommendation should come from individuals who are familiar with your scholarly record. The third can be an additional academic reference or a professional reference from someone who knows you well and can comment on your potential as a graduate student. After you submit the e-mail addresses of your letter writers in the online application system, they will be automatically e-mailed a link to submit their letters electronically.
A student applying to this sequence must also upload into the online application system:
In addition to the above requirements, international applicants need to submit:
Term | Application Deadline |
---|---|
Fall | March 1 - with financial support consideration |
Fall | June 15 - financial support consideration is not guaranteed |
Spring | October 15 |
Summer | No applications are accepted for the summer term |
The University provides graduate assistantships as a means of financial support. They are intended as a way to facilitate a student's progress to degree while providing important professional development.
To be eligible for an assistantship a student must, generally,
Graduate assistants receive
See Student Accounts for information on tuition and fees. Funding for graduate students is available from several different sources. Students who have been admitted from contiguous states including Iowa, Indiana, Kentucky, Michigan, Missouri, and Wisconsin will receive in-state tuition.
Name | Office | Phone | |
---|---|---|---|
Dr. Timothy Harris | Stevenson 426K | tfharr1@ilstu.edu | (309) 438-7509 |