Economic students take group photo in classroom with casual clothes

Program Overview

Important Dates

Domestic and International Students: Applications must be compete and submitted (including GRE/GMAT/TOEFL) by February 1 for full consideration of financial aid. Applications will not be considered submitted and complete until all materials are added.

All students may apply after the deadlines listed above but may not be considered for financial assistance.

Program Description

Miami’s MA program in Economics focuses heavily on developing strong skills in economic theory and econometrics, providing students with the ability to be an empirical researcher or analyst. We strive to provide students with advanced skills in economics and econometrics and prepare students to be analysts in the private or public sector, or to pursue a Ph.D. at another institution.

Students may choose a concentration in either Applied Economics or Financial Economics. All students take the same core courses during the fall semester and the same two econometrics courses during the spring semester. Students with a concentration in Financial Economics take Investment Management and Applied Corporate Finance during the spring semester, while students with a concentration in Applied Economics complete two electives in their areas of interest.

For more information and complete course descriptions, please see the Miami bulletin

The Master’s program can be completed in one calendar year. The first semester lays a foundation of theory and testing used in the second semester courses, and then in the second semester, students focus on their areas of concentration by taking specialized courses.

  • In the Applied Economics concentration, elective courses include International Trade, Environmental Economics, International Monetary Relations, Economic History, and Industrial Organization.
  • In the Financial Economics concentration, the second semester courses teach students modern techniques such as qualitative dependent variable models, difference-in-difference models, bootstrapping, treatment effects models, survival models, quantile regressions, event studies in finance, and Fama-French models. Time series skills include ARMA models, Dickey-Fuller tests, cointegration, ARCH/GARCH, and nonlinear time series estimation including threshold autoregression, smooth transition autoregression, and the Markov-switching model. In both econometrics classes, modern finance examples and data are used to complement the courses taken by students in the Financial Economics Track.

During the summer, students in both concentrations have two options:

  • apply to write a thesis, or
  • work in teams to complete a project supervised by a faculty member.

Students who write a thesis work closely with a professor who guides the project, helping the student gain in-depth knowledge about the chosen subject and experience in carrying out a research project using the tools of modern economic theory and econometrics. View some recent titles of these projects.

Our faculty has research interests in many areas, and publish in leading journals such as the American Economic Review, the Review of Economics and Statistics, the Journal of Economic Behavior and Organization, Economic Theory, the Southern Economic Journal, the Journal of Economic History, Public Choice, the Journal of Money, Credit and Banking, and the International Journal of Money and Finance.

If you are interested in learning more please browse this site for more information and application details. If you have any questions or would like to schedule a campus visit, please request information or contact us.