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Basic Degree Information/Description
The Master of Arts degree in Economics (M.A.E.) incorporates the traditional social sciences-oriented master's program in economics with modern quantitative methods and applied analytical tools. The focus of the program is on application and practice of economic theory. The program is designed to serve the need for a terminal graduate degree for professional economists and also to lay the groundwork for students who wish to pursue the PhD degree.
There are three degree concentrations: general economics, financial economics and business data analysis and forecasting to choose from. The concentration of general economics is designed to prepare students for further graduate studies in economics, while the concentrations of financial economics and business data analysis and forecasting are designed to prepare students for professional careers in private industry.
No thesis is required for the degree. Only students in the concentration of general economics may choose a thesis option and this option requires previous outstanding research and coursework. The program and admissions are supervised by the Economics Graduate Program Committee, which includes the Economics Graduate Director. General requirements for completion of the program consist of required courses, electives and a comprehensive examination.
Why pursue an M.A. in Economics at UTSA?
High Value of an Economics Degree:
- Job candidates with a master’s degree in economics earned an average annual wage of $91,860 in 2012. (Source: Bureau of Labor Statistics)
- Economics is ranked the 10th best master’s degree for jobs. (Source: Forbes)
A Flexible Curriculum that is Highly Marketable:
The program is designed to meet the needs of students who want to pursue positions in industry (both the private and public sectors), as well as those who choose to pursue the PhD degree. There are three concentrations that were designed based on the input of professionals in various industries: General Economics, Financial Economics and Business Data Analysis & Forecasting. The General Economics concentration allows students to take 21 credits of electives from a large inventory of courses. Students in the Financial Economics and Business Data Analysis & Forecasting concentrations can choose 6 credits of electives.
Small Class Experience:
Graduate classes in the program are normally limited to 20-25 students per class. Students will experience a diverse classroom atmosphere with meaningful peer discussions, as well as personal attention from faculty.
UTSA is located in San Antonio, TX, the 7th largest city in the United States with a diverse and growing business community. Several large corporations call San Antonio home, including financial services and insurance, health care services, oil and petroleum products, and communications businesses. With 16 companies headquartered in San Antonio, UTSA students have a variety of opportunities for internships and job placement upon graduation.
The Economics department is housed in the UTSA College of Business, which is accredited by AACSB
International, the Association to Advance Collegiate Schools of Business. This represents the highest standard of achievement for business schools, placing the college in the top 5 percent of business schools worldwide.
- Students must complete 33 semester credit hours and a comprehensive examination.
- For a complete list of degree requirements please see the Graduate Catalog.
- Students who are admitted to the program but do not meet the foundation requirements are required to make up the foundation requirements (mandated by the Economics Admission Graduate Committee) prior to or during the first year of the program.
Admission Requirements and Deadlines
- Required Degree: An undergraduate degree in economics or related field.
- Other Degree Requirements: Applicants are expected to meet the foundation requirements which represent three bodies of knowledge that need to be acquired prior to entering the program. The three foundation areas are economic theory, mathematics and statistics. Students who are admitted to the program but do not meet the foundation requirements are required to make up the foundation requirements (mandated by the Economics Admission Graduate Committee) prior to or during the first year of the program.
- General University Requirements: A degree seeking applicant must meet university wide requirements.
- Application: A complete Graduate School application.
- Transcripts: Official transcripts from all institutions attended. All international transcripts must be recorded in English or officially translated to English.
- Resume or Curriculum Vitae: None.
- Letters of Recommendation: Letters of reference.
- Statement of Purpose: A statement of purpose.
- Test Scores: General GRE or GMAT, not older than five years.
- Other: None.
- Evaluation of Foreign Credentials: U.S. Citizens (Domestic) or permanent residents who have earned university level credit from foreign institutions are required to submit all official transcripts from foreign institutions along with an evaluation of the transcripts from an approved Foreign Credential Agency.
- An approved evaluation requires a detailed course-by-course evaluation. Summaries will not be accepted.
- The Foreign Credentials Service of America (FCSA) is a private corporation that provides evaluations of foreign school credentials. The application is available at: Application for Credentials Evaluation.
- International Applicants:
- IELTS: Minimum score of 6.5.
- TOEFL: Minimum scores of 79 or 550 for Internet or paper versions, respectively.
- Additional Requirements: A degree seeking applicant must meet international graduate student admission requirements.
Career Options Available
The program is helpful to those who seek careers in the public sector such as local, state, and federal economic and financial agencies as well as those who seek opportunities in the private sector such as investment, banking, insurance, business management, forecasting and marketing firms, manufacturing and engineering, energy, retailing and trade companies. The program is also helpful to those who aspire to pursue further studies such as a Ph.D. in Economics.
Research taking place in the Economics program
The general topics of study include econometrics and forecasting, microeconomic analysis, international economics and finance, industrial organization, government and regulation, resources and environmental management.