About M.s. Economics in Iowa State University
The Master of Science in Economics program is designed primarily for students who have the desire and the aptitude to pursue a Ph.D. in Economics or Agricultural Economics, but require additional coursework background before beginning Ph.D.-level studies. These students will be given special consideration for admission to the department's Ph.D. program after completing the first year of the M.S. program.
Students who do not wish to pursue a Ph.D. at Iowa State follow the M.S. Normal Progress Guidelines and complete the M.S. degree requirements in 1.5 to 2 years. M.S. graduates may pursue Ph.D. studies elsewhere or enter the workforce directly. In any case, students develop their understanding of economic theory, sharpen their quantitative skills, and gain the ability to analyze a wide variety of applied problems.
Academic qualification equivalents
- Applicants must have a bachelor’s degree
English language requirements
- IELTS : 6.5
- TOEFL : 79
- PTE : 53
Iowa State University Cost of Attendance
The table below provides the average cost of attendance for undergraduate and graduate programmes for the 2022-2023 academic year:
| Item |
Undergraduate Programs |
Graduate Programs |
| Tuition & fees |
$28,385 |
$29,953 |
| Books and supplies |
$1,091 |
$1,091 |
| Room and board |
$9,358 |
$9,640 |
| Personal expenses |
$5,430 |
$6,000 |
| Total |
83,098 |
46,684 |
