2022-02-19 |
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Masters In Economics In The US

Masters in Economics in USA: Top Colleges, Admissions
USA
  
Economics

Masters In Economics In The US

 

In the United States, a master's degree in economics is typically a two-year program that costs up to $120,000 USD (about Rs. 89 lakhs INR). MS in economics is available in the United States at some of the world's top universities, including MIT, UCLA, UC Berkeley, Stanford University, and others. International students are generally admitted to top economics universities in the United States during the fall semester. A master's degree in economics is required to work as an economist in the United States. After completing a master's degree in economics in the United States, applicants can apply for CPA USA and sit for the CPA exam.

 

#Why Study Masters In Economics In The US?

  • Seven American universities have ranked among the top ten economics schools in the world.
  • According to the Bureau of Labor Statistics in the United States, employment in the field of economics is expected to reach 22,800 by 2028. According to projections for 2018-2028, this is the second fastest-expanding industry.
  • An economist's average annual salary is roughly 104,340 USD.
  • The federal government (22 percent), scientific research and development (19 percent), management and scientific-technical consulting (13 percent), state government (9 percent), and banking and insurance (9 percent) are the top recruiters (6 percent ).

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#Top Universities

 

University

QS Ranking

Degree offered

Total Program Fees (USD)

MIT

2

Masters in DEDP (Data, Economics and Development Policy)

106,900

Stanford University

3

Masters of Arts in Energy & Resources

106,176

University of California, Berkeley (UCB)

4

Masters of Arts in Energy & Resources

120,638

Duke University

20

MS Economics and Computation

115,800

New York University

12

Masters of Arts in Economics

36,544

UCLA

15

Master of Applied Economics

72,306

Cornell University

35

Master of Science in Applied Economics and Management

54,720

Boston University

44

MA in Economics

56,904

Columbia University

11

Master of Science in Financial Economics

84,000

University of Michigan

19

Master of Applied Economics

115,800

University of Minnesota

49

MS in Applied Economics

72,000

University of Wisconsin

49

Master of Science in Economics

72,000

 

#Eligibility

  • To study in the United States, one must have completed 16 years of education (10+2+4).
  • For non-native English speakers, language proficiency is required.
  • Funding to support their education in the United States can be applied for after admittance into a university.

#Costs

 

Pre- arrival expenses

 

Type of Expenses

Expenses (USD)

GRE

205

IELTS

174

TOEFL

180

Visa Application

190

University Application

100

Airfare

1100

Total Expenses

1949

#Tuition fees

 

The total cost of attending top economics universities in the United States ranges from 40,000 to 120,00 USD. Tuition fees for an Indian student often range from 15 lakhs to 45 lakhs INR per year.

 

#Cost of living

 

Categories

Average monthly expenses (in USD)

Accommodation

1000 (On-Campus)

600-800 (Off-Campus)

Personal Expenditures

300-600

Health Insurance

450-700

Meals

120-160

Transportation

100-300

Total

1,570-2,813

 

Scholarships

 

Scholarship

Scholarship Award (USD)

Deadline

KC Mahindra Scholarships

5,542

March,2020

Hubert H. Humphrey Fellowship Program

Tuition fees, travel expenses, monthly stipend, computer subsidy, health insurance coverage.

Varies by country

Ritchie- Jennings Memorial Scholarship

Variable

NA

Hsiao Economics Scholarships

1000

NA

Rotary Foundation Graduate Scholarship Program

30,000 USD

NA

Debesh Kamal Scholarships

1,385

April,2020

 Contact Grad-Dreams for the best international career plans if you wish to study abroad.

#Career

 

In the United States, CPA is one of the most prestigious employment titles for candidates who have earned their master's degree in economics. Aside from being a CPA, you can work as an economist or in other positions. The following are some of the current job trends in the field:

  • In the United States, a master's degree is required for admittance into the field.
  • The largest employment is supplied by the federal government (22 percent of the total) (22 percent of the total).
  • Around 65 percent of economics graduates find work within six months of graduation, while 15 percent continue their education.
  • By 2026, the job market for financial analysts will have grown by roughly 11%.

Read more:

  1. What are the requirements to study in the USA?

  2. How long does a US university application take?

  3. What is the structure of the education system in the United States?

  4. Which Exams Are Required to Study In The USA?

  5. Which Are The Top Courses To Study In The USA?

  6. Top Universities In The USA

  7. Cost Of Studying In The USA

  8. How can I get an opportunity to work in the USA?

  9. Which Scholarships are available for Studying in The USA?

  10. Top Cities in The USA

  11. What are the types of Student Visas for the USA?

  12. Is MiM available in the USA?

  13. Which country is best for a master's in project management?

  14. Top Universities Bachelor of Computer Science in the USA

  15. Which country is best for masters in electronics?

 

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