Economics - Quantitative Economics
Quantitative Economics is an interdisciplinary program between the economics and math departments. The sequence is designed for those who intend to pursue a PhD in economics in the future or for those interested in the quantitative aspects of economics.
In addition to 22 hours of core courses in economic theory, you’ll take 12 or more hours of graduate-level math courses.
University Admission Requirements
A student applying to a master's program must:
- have earned a four-year bachelor's degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic year
- have a minimum 2.8 GPA (on a scale in which an A is a 4.0) for the last 60 hours of undergraduate work
- present official transcripts from each college or university other than Illinois State at which graduate, undergraduate, or non-degree credit was earned. Transcripts can be emailed from the university to Admissions@IllinoisState.edu or mailed in a sealed envelope to: Office of Admissions, 201 Hovey Hall, Campus Box 2200, Normal, IL 61790-2200
International students can learn more about specific application requirements by visiting the Office of Admissions.
Additional Program Admission Requirements
A student applying to this program must:
- complete Principles of Economics, Intermediate Macro and Micro-Economics, Statistics, Economics, and Calculus with a B or better
- score 296 on verbal plus quantitative on the GRE
- Fall (August) Term — March 1 with assistantshipMay 1 without assistantship
- Spring (January) Term — October 1 with or without assistantship
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,
- be admitted unconditionally as a degree-seeking student into a graduate academic program, or have a minimum of 120 undergraduate hours if in an integrated degree program
- be in good-standing
- be enrolled full-time (typically at least 9 credit hours during the fall or spring semesters, or at least 6 hours during the summer session).
Graduate assistants receive
- monthly wages paid in the form of either a stipend or an hourly wage
- a waiver for 100% of tuition during a semester of appointment
- a waiver for up to 12 credit hours of tuition for the summer term immediately following a fall or spring appointment
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.