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Master of Arts in Economics (STEM) Central Michigan University Central Michigan University, USA

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USD 15435

Annual Tuition Fee

!
*Subject to change and other fees
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USD 65

Application Fee

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24 months

Duration

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6.5

IELTS

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79

TOEFL

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65%

Min GPA

Program Overview

We are a STEM-certified master’s program that puts heavy emphasis on the tools that students need to be professional economists. Our graduates have found excellent placements in both the private and government sectors. Many have used our program as a stepping stone to doctoral studies in economics, finance or related quantitative disciplines. 

Why This Program & What You'll Learn

A master's in economics is a necessary step for many careers in the field. Whether you pursue doctoral work or a job after graduating, CMU will give you the quantitative and data analysis skills you'll need to thrive.

At CMU, you'll work closely with faculty as you learn to conduct independent research. That collaboration is the hallmark of CMU's graduate program in economics. Many students co-author papers with faculty and publish in peer-reviewed journals. This provides invaluable experience developing research skills and navigating the publication process.

CMU's economics program is very much international. About two-thirds of your colleagues will come from foreign countries. In the past, students have hailed from China, Romania, Ghana, India and elsewhere.

While most students go on to pursue a Ph.D., you may choose to go into business. Many employers in the private, non-profit and government sectors are eager to hire employees with the knowledge and leadership skills you'll have. You may also opt to pursue a graduate certificate in data mining, which extends your analytical skills with coursework in statistics, actuarial and data sciences; computer science; and geography and environmental studies.

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Additional Information

Program Level Master's Degree

College/University Processing Time 10 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Jan 2026

Closed

Aug 2025

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's Degree.

    6.5 IELTS Score
    79 TOEFL Score Minimum Overall Score
    53 PTE Score Minimum Overall Score
    100 Duolingo Minimum Overall Score
    65% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    15435

    Tuition Fee
    (USD)

    USD 65

    Application Fee
    (USD)

    13000 Per year

    Average Cost of Living
    (USD)

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    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

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