MASTER OF ARTS M.A ECONOMICS

  • Country Canada
  • Course Duration 1 YEAR
  • Course Type Full Time
  • Courses Campus On Campus
  • Language Specification ENGLISH
  • Program Level Post-Graduate
  • Education Required Graduate
  • Admission intake Jan 15
  • Minimum GPA 4

Application Charges

Application Fee Tution Fee
USD 200 USD 8,911

Program Description

Program Description

  • McMaster University offers a Master of Arts in Economics for a duration of 1 year.
  • It is a course-based program available with both full-time and part-time options.
  • This program provides a thorough grounding in modern economics and preparing students for doctoral studies in economics and careers in the public and private sectors. 
  • The following courses are compulsory for MA in Economics are:
    • One-term course in Microeconomic Theory
    • One-term course in Macroeconomic Theory
    • Two one-term courses in Econometrics (1 each semester)
    • A short course in Mathematical Methods
  • The fundamental goal of the Economics program is to prepare students for such an advanced study of economics.
  • The program will explain and analyze the relationships of, economic phenomena at the individual and economy-wide levels that affect the allocation of resources using economic theory and quantitative methods.
  • In addition to the compulsory courses, students have to complete 4 electives courses.
  • Students can take elective courses in a variety of fields, including Health Economics, International Finance, International Trade, Industrial Organization, Population Economics, and Public Economics.
  • The Student-faculty ratio of the Economics program is 7:1.
  • Students may also apply for a PhD after completing this program which is of 4 years thesis program available in both full-time and part-time options.
  • University provides various lab facilities to students such as Public Economics Data Analysis Laboratory (PEDAL), Statistics Canada Research Data Centre (RDC), and McMaster Experimental Economics Laboratory (McEEL).
  • The Department of Economics at McMaster University offers 2 graduate programs in Economics:
    • 1 year MA in Economics Policy (MAEP) program
    • 1 year course-based MA in Economics (MA) program
  • McMaster University is home to the best laboratories and brightest minds in the country who work every day to improve human and societal health and well-being and ranks 6th in the country in the research intensity.
  • The Faculty of the department has received global recognition by winning awards such as the Early career researcher award, the Impact award, and the Scholar-In-Community award.

Other Requirements

Eligibility & Entry Requirement

Academic Eligibility:
  • Students will have to complete an honors BA in Economics or a relevant degree from a recognized university. 
  • Students have to maintain a B+ grade in courses during the final 2 years of their UG programs.
    • Advanced microeconomics and macroeconomics courses (at least 1 course in each beyond the full-year intermediate courses).
    • One upper-level (3rd years or above) university statistics or econometrics course, with econometrics preferred.
Indian Student Eligibility: Indian students are eligible to apply if they meet one of the following eligibility criteria:
  • Completed a 4-year UG degree with first class in a relevant field from a recognized university.
  • Or, completed a 3-year UG degree from a recognized institution and required a minimum GPA in the final 2 years.

Extra Notes

Required Document List

Following are the required document:
  • Online application form and fees: Students have to fill the online form and submit the application fees. 
  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work and/or volunteer experience.
  • Two Academic or Professional References: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Personal Statement: It should include a brief overview of themselves, strengths and any work experience and/or education that students have.
  • Transcripts: Students have to submit transcripts from all universities/colleges attended, World Education Services Assessments, and English Language Proficiency test scores.
  • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.