Overview

The Economics programme at Northern Illinois University provides students with a sophisticated understanding of financial markets, public policy, and data analysis. This academic suite is designed to bridge the gap between theoretical economic models and practical application in the modern global marketplace.

Candidates can choose between a Master of Arts or a Doctor of Philosophy, depending on their professional aspirations. The curriculum is structured to ensure all participants develop a mastery of core quantitative techniques while allowing for specialisation in diverse areas such as health or labour economics. This flexibility ensures that graduates are prepared for the specific demands of their chosen sectors.

Why Economics at Northern Illinois University?

The institution is recognised for its strong emphasis on quantitative training, particularly through its focus on econometrics and data analysis. Students benefit from a collaborative environment where they can work closely with expert faculty on approved research papers and dissertations. The department maintains a distinctive partnership with the Division of Statistics, enabling doctoral candidates to pursue a concurrent M.S. in Statistics.

Facilities at the university support intensive research, and the Department of Economics provides a dedicated space for intellectual growth through the Association of Graduate Economics Students. Furthermore, the university offers specific concentrations, such as financial economics, to align academic study with current industry trends. Select doctoral students may also access graduate assistantships, providing valuable teaching experience alongside their studies.

Tuition Fee Breakdown

International fee: USD 775 per credit
National fee: USD 388 per credit
Local fee: USD 388 per credit

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

Modules may include:

Mathematical Methods
Econometrics
Micro Theory
Macro Theory
Labor Economics
Public Economics
Financial Economics
Health Economics
Financial Markets

Careers with Economics

Graduates from this programme are highly sought after for their technical proficiency and analytical capabilities. Many alumni secure prestigious academic appointments as professors or researchers at colleges and universities across the United Kingdom, the United States, and internationally. The rigorous training in data handling also prepares students for senior roles within the private sector and various government agencies.

Common career paths include working as data analysts, economic consultants, or policy advisors. Those who complete the Ph.D. track often transition into tenure-track positions or lead research initiatives in global organisations. Additionally, the M.A. serves as a robust foundation for those intending to pursue further doctoral research at leading institutions worldwide.

Programme Structure

Courses:

Microeconomic Analysis
Macroeconomic Analysis
Econometrics
Methods in Economics
Master’s Research Component: Master’s Thesis

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-08-26 00:00:00
- Apply before 2026-07-15 00:00:00 , National
- Apply before 2026-05-01 00:00:00 , International
Starting 2027-01-13 00:00:00
- Apply before 2026-12-10 00:00:00 , National
- Apply before 2026-10-01 00:00:00 , International

Language

English

Duolingo English Test

115

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IELTS

6.5

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Credits

30 SCH

Delivered

On Campus

Campus Location

DeKalb, United States

Disciplines

Economics View 403 other Masters in Economics in United States

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Academic requirements

GPA

2.7

GRE^®

Required

GMAT

Required

English requirements

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Completed a four-year undergraduate degree from a regionally accredited institution or one with equivalent recognition.

Achieved a 2.75 grade point average on a 4.00 scale, or the equivalent.

If you received a three-year degree awarded through the Bologna process in Europe or a three-year Bachelor of Commerce or Bachelor of Business Administration awarded in India, you are eligible to apply (provided you are seeking admission to the MBA or OMIS program).

Transcripts

Letters of recommendation.

Statement of purpose.

Test scores (if required).

Resume or curriculum vitae (optional)

Additional materials required by your program.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

23850 USD / year

≈ 23850 USD / year
Out-of-State

11910 USD / year

≈ 11910 USD / year
Domestic

Applies to you

In-State

11910 USD / year

≈ 11910 USD / year

Additional Details

National and International: 878.99 per credit Local: 509.75 per credit

Living costs

DeKalb

United States

1100 - 1500 USD / month

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

Financing

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Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Additional Details

Living costs

DeKalb

Financing

Funding

Scholarships Information

Available Scholarships

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