Boston University [BU], Boston Programs, Tuition Fees & Entry Requirements 2022-2023

Master of Arts [M.A] [Economics] From Boston University

Boston, MassachusettsLocation
UniversitySchool type
Estd1839established year
33355enrollment
Private (Not for Profit)
7.3/10

Master of Arts [M.A] (Economics)

1 year
32 Credits
Full Time
On Campus
Course & Thesis Based

Field of Study

6.5 1 Review | Ranked #126 out of 691 by THE Global Ranking 2024

₹48.5 L/Yr

$58,560 /Yr
9 Students Applied
9 Students Admitted
  • The MA in Economics is a terminal master’s program that equips its graduates with the advanced knowledge and quantitative skills required for an economic analyst in the business world, the consulting industry, a central bank, or government. 
  • The training provides a thorough understanding of fundamental economic principles, the application of mathematical methods and modeling, and the use of computer software for large-scale data analysis.
  •  It is accomplished through the economics core (four courses in microeconomics, macroeconomics, statistics, and econometrics) and four elective courses. 
  • The entire program may thus be completed in one academic year. 
  • Candidates must complete a minimum of eight-semester courses (32 credits).

Tuition Fees

Year1st Year Fees
Tuition Fees₹4854038 (USD 58560)

Other Expenses

HeadAvg Cost Per Year
Room₹910961 (USD 10990)
Board₹484907 (USD 5850)
Total Cost₹1649014 (USD 19894)
Health Insurance₹253146 (USD 3054)

Eligibility & Entry Requirement

Academic Eligibility:

  • Higher Secondary Certificate/ISC (State board exams may also be considered for admission).
  • Students must complete a bachelor’s degree in economics, economics, and mathematics, or a closely related discipline.
  • Students required an average grade of 3.0. (83 to 86% or B grade).
  • Students are expected to have passed some advanced undergraduate preparation in economics that includes one year of intermediate macro-and microeconomic analysis and courses in statistics, calculus, and linear algebra.
  • Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.

Scores Required

7.0 / 9

Avg. Score in

IELTS

84 / 120

Avg. Score in

TOEFL

298 / 340

Avg. Score in

GRE updated

3.0 / 4

Minimum gpa

GPA

  • A minimum score of 105 is required in the online Duolingo test.
  • Not required: GMAT

Required Document List

The following required documents are:

  • Resume/CV: It is the outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Two Letter of Recommendation: Letter of recommendation (combination of professional and academic recommenders) which includes information about the student, their connection with the person they are recommending, their qualification, and the specific skills they have.
  • Statement of Purpose/Personal Statement: This statement must describe your qualifications and the objectives of your intended educational program at the Department of Economics.
  • Official Transcripts: Applicants who have attended and/or received degrees from institutions outside the US must provide certified copies and certified English translations of transcripts or records of all previous post-secondary education and of all degrees conferred.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Ranking

2023202220212020201920182017

Times Higher Education logo
Economics 71 out of 1502 in Global Ranking

Career and Placement after Course

The careers after graduation are:

  • Economist.
  • Financial risk analyst.
  • Data analyst.
  • Financial planner.
  • Accountant.
  • Economic researcher.
  • Financial consultant.
  • Investment analyst.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Trustee ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
FormSwift Scholarship ProgramScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeCompany-Sponsored
BrokerFish International student scholarshipScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Debesh Kamal ScholarshipScholarship per student₹ 1.1 L/Yr$1,385Level Of StudyBachelorTypeMerit-Based
FINCAD Women in Finance ScholarshipScholarship per student₹ 16.6 L/Yr$20,000Level Of StudyMasterTypeMerit-Based
Ritchie-Jennings Memorial Scholarship ProgramScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based


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7 Reviews Found

Course Curriculum:

For students with no experience with Economics, the content is good. Students with some background in Econ may find some of it redundant. However, it might still be a good degree if you looking for job opportunities in the US. Research opportunities are available through the RA mentorship program. The alumni network is good which is useful in job-hunting.

Fees:

Roughly $85,000

academic: 8/10
faculty: 7/10
infrastructure: 9/10
accomodation: 8/10
placement: 7/10

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