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Applied Economics (on-campus) (MPEM)   

Program Title and Classification

Applied Economics (on-campus)

Graduate Degree Program

College: Behavioral and Social Sciences

Abstract

     The on-campus version of the Master of Professional Studies in Applied Economics program (MPEM) is a professional master's degree program designed primarilly to enhance the professional development of applied economists.  The program is not designed to prepare students for PhD programs in economics.  The program prepares students to work as analysts in government agencies, private firms and non-governmental organizations. 

     The MPEM program is an evening program with face-to-face classes on campus in College Park.  The MPEM program operates on the standard semester-based academic calendar.  The standard time to completion for a full-time student is 4 semesters.

     The MPEM program's curriculum is identical to that of the MPEC program, but the MPEC program is located off campus in Washington, DC and operates on a quarter-term academic calendar, rather than the traditional semester-based academic calendar.

Admissions Information

General Requirements:

Program-Specific Requirements:

  • Letters of Recommendation (none)
  • CV/Resume
  • Introductory Macroeconomics course (grade of B or higher)
  • Introductory Microeconomics course (grade of B or higher)
  • Calculus (grade of B- or higher)

 The MPEM program offers only fall admission.  Both domestic and international applicants are eligible to apply.  The application deadline for international students is February 28th.  The deadline for domestic applicants is June 15th.

     The MPEM program's standard academic admissions requirements are: Overall GPA of at least 3.0 (on a 4-point scale), grades of at least B in introductory economics courses (micro- and macroeconomics) and a grade of at least B- in introductory calculus. 

     Students must upload PDF copies of their transcripts, a resume, and a brief personal statement.  We do not require letters of recommendation, GRE scores or GMAT scores.  Students whose prior academic degrees were all earned in non-English speaking countries must submit TOEFL or IELTS scores.

For more admissions information or to apply to the program, please visit our Graduate School website: https://gradschool.umd.edu/admissions 

Application Deadlines

Type of Applicant Fall
Domestic Applicants:
US Citizens and Permanent Residents
15 Jun
International Applicants:
F (student) or J (exchange visitor) visas
A,E,G,H,I and L visas and immigrants.
28 Feb


Other Deadlines: Please visit the program website at http://masters.econ.umd.edu

Degree Requirements

Master of Professional Studies (M.P.S.)

Total CreditsCore Requirements

Non-thesis only: 30 credits

Core courses:

ECON 641: Microeconomic Analysis (3 credits)

ECON 642: Topics in Applied Macroeconomics (3 credits)

ECON 643: Empirical Analysis I: Foundations of Empirical Research (3 credits)

ECON 644: Empirical Analysis II: Introduction to Economic Models (3 credits)

ECON 645: Empirical Analysis III: Econometric Modeling and Forecasting (3 credits)

Choose 5 Field courses:

ECON 670: Financial Economics (3 credits) 

ECON 671: Economics of Health Care (3 credits)

ECON 672: Program Analysis and Evaluation (3 credits)

ECON 673: Information, Game Theory and Market Design (3 credits)

ECON 674: Economic Analysis of Law (3 credits)

ECON 675: Environmental Economics (3 credits)

ECON 676: Economic Development (3 credits)

ECON 683: International Macroeconomics and Finance (3 credits)

ECON 684: Applied Time Series Analysis and Forecasting (3 credits)

 

     The MPEM program emphasizes quantitative applied analysis.  The curriculum includes all aspects of econometric modeling (including data collection, management and analysis) and incorporates hands-on STATA exercises into instruction.  Courses provide students with rigorous training in economic reasoning, and the formulation and estimation of empirical economic models, with particular emphasis on using quantitative methods to evaluate policy proposals and programs.  The 10-course program includes 5 'core courses' and 5 ‘field courses’.  The 5 core courses include 2 applied theory courses (micro and macro) and a 3-course empirical analysis sequence.  The field courses allow students to apply the tools learned in the core courses to specific fields of economics and public policy analysis.

 

Facilities and Special Resources

Classes are held in the evenings on the main campus of the University of Maryland in College Park.

Financial Assistance

     The economics department does not offer fellowships or graduate assistantships to any of the students in the MPEM program.  Domestic students in the program are eligible for the US Department of Education's Federal Unsubsidized Direct Loans and Federal Grad PLUS Loans.  Some of our students also have their tuition paid, at least in part, by an employer or other 3rd party.  The University's Financial Services Center provides Third Party Billing when the third party requires a bill from the university.  

     After submitting their completed application, international applicants who require a student visa will be asked to complete a "Certificate of Finances" form.  The form is designed to verify that international applicants have the resources necessary to finance their pursuit of our degree if they are accepted and choose to enroll.

     More information about financial aid is available from the University of Maryland's Office of Student Financial Aid.  

Contact Statement

The program coordinator is Hardeep Chowdhary.  CPmasters@econ.umd.edu   (301) 405-3557.

The program's executive director is Dr. John Straub.  Straub@econ.umd.edu   (301) 405-3531.

Website

http://masters.econ.umd.edu

Contacts

Dr. John Straub - Executive Director

1102 Morrill Hall

University of Maryland

College Park MD, 20742

Telephone: 301-405-3531

CPmasters@econ.umd.edu

 

Hardeep Chowdhary, Coordinator

1102 Morrill Hall

University of Maryland

College Park MD, 20742

Telephone: 301-405-3557

CPMasters@econ.umd.edu

 

Associated Information

Courses

ECON

Keywords

Applied Economics, MPEM

Relationships

Applied Economics (off-campus) (MPEC)

Economic Analysis (off-campus) (Z074)

Economic Analysis (on-campus) (Z098)