Demand for workers with backgrounds in economics is growing! In particular, those with strong quantitative skills will have outstanding employment opportunities in business and government. We have designed a 12 month master’s degree program to allow you to obtain these valuable skills. This program begins each fall semester and includes training in methods that will make you competitive in this growing market. The program includes courses in economic modeling and forecasting as well as applied courses in energy and health economics; two very important markets in the Houston area!
For application information please see our Steps in the Admission Process page.
Admission to the program is competitive. To be considered for admission, each applicant must meet the following pre-requisites:
- have been awarded a baccalaureate degree from an accredited institution
- have maintained at least a 3.0 GPA in the most recent 60 semester hours of undergraduate course work attempted and have completed the following pre-requisite courses (or equivalents): ECON 3332 Intermediate Microeconomics, ECON 3334 Intermediate Macroeconomics, ECON 4365 Introduction to Econometrics (a regression analysis course) and MATH 1431 Calculus I or MATH 1314 Calculus for Business and Social Science.
- have taken the Graduate Record Examination (GRE) with a preferred total score of 1000 (Verbal & Quantitative combined) for the old scoring system and 300 under the new scoring system. There is no formal minimum requirement to be considered for admission. However, successful applicants have typically scored at least 600 (old system) or 147 (new system) on the quantitative section of the exam.
All above pre-requisite courses in Economics will be offered in the spring semester, with some being offered in the first summer term each year. See the Math department schedule for calculus course availability.
Please note that this is a full time day only program during the fall and spring semester. We intend to schedule all fall and spring semester courses in the program for MWF to allow flexibility in your weekly personal and/or job schedule The program concludes with a 6 hour applied project or internship in the summer.
Course curriculum: 30 semester hours of credit
Fall term courses
- ECON 6485: Microeconomic Analysis – 4 hours
- ECON 6475: Macroeconomic Analysis – 4 hours
- ECON 6465: Econometrics – 4 hours
Spring term courses
- ECON 6351: Economic Forecasting – 3 hours
- ECON 6345: Energy Economics – 3 hours
- ECON 6340: Health Economics – 3 hours
- ECON 6352: Quantitative Methods (with applications in capital markets) - 3 hours
- Internship or Applied Project – 6 hours (final summer)
Benefits of the program
- gain important job skills for use in many industry and government positions
- earn a complete master’s degree in one calendar year
Students from our program have obtained full-time employment in various industries. Here are just a few examples of internships and full-time positions that our students have obtained recently
- Research Coordinator / UTMB, Sealy Center on Aging
- Natural Gas Pipeline Controller / Kinder Morgan
- Market Analyst / IHS Inc. (formerly ODS-Petrodata)
- Research Analyst / Buxton
- Analyst / IPFC Corp.
- Associate Project Manager /Angelou Economics
- Junior Economist / BBVA Compass
- Energy Analyst Intern / Center for Energy Economics
- Strategic Planning Intern / Port of Houston Authority
More about the program
- Job market seeking masters of applied economics - Applied Economics graduate faces tough decision between two great job offers!