Overview

The Applied Economics programme at Saint Cloud State University provides students with a comprehensive foundation in advanced economic theory and practical research methods. This Master of Science is designed to bridge the gap between theoretical concepts and real-world applications in forecasting and policy analysis.

Students benefit from a curriculum that emphasises the practical aspects of microeconomics, macroeconomics, and econometrics. The programme is structured to accommodate diverse learning needs, with core classes offered online to provide flexibility while maintaining the academic rigour expected of a STEM-designated degree.

Why Applied Economics at Saint Cloud State University?

Choosing this programme means learning from a distinguished faculty where every member holds a doctorate in economics. These experts have contributed to prestigious publications such as the American Economic Review and the Journal of International Economics, ensuring that teaching is informed by world-class research.

The university provides unique opportunities for students to engage directly in research and publications alongside faculty members. This collaborative environment is ideal for those aiming to pursue Ph.D. programmes in finance or economics, as well as those seeking advanced quantitative roles in the non-profit or business sectors.

Furthermore, the programme is housed within the Herberger Business School, offering a professional setting that fosters networking and career development. High-achieving undergraduate students may also explore accelerated pathways to complete their master's degree more efficiently through integrated study options.

Tuition Fee Breakdown

International fee: USD 10147 per year
National fee: USD 10146 per year
Local fee: USD 10146 per year

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

Syllabus

The curriculum focuses on empirical analysis and the application of economic theory to modern market challenges. Modules may include:

Advanced Microeconomics
Advanced Macroeconomics
Econometrics
Forecasting
Economic Theory
Research Methods
Empirical Analysis
Data Analytics

Careers with Applied Economics

Graduates are well-equipped for professional careers that require sophisticated quantitative skills and the ability to interpret complex data sets. The degree serves as a strong platform for entering various sectors, including private industry, government departments, and non-profit organisations.

Common career paths for alumni include roles in market research, economic forecasting, and policy analysis. Additionally, the rigorous mathematical and analytical training provided by the university ensures that graduates are highly competitive candidates for doctoral fellowships and advanced academic research positions in economics and finance.

Programme Structure

Courses include:

Macroeconomic Theory

Microeconomic Theory

Econometrics

Advanced Economics and Business Forecasting

Managerial Economics

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 2026-05-15 00:00:00 , International

Language

English

Duolingo English Test

105

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TOEFL^® IBT

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IELTS

6.5

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Credits

36 SCH

Delivered

On Campus

Campus Location

Saint Cloud, United States

Disciplines

Economics Mathematics Financial Mathematics View 54 other Masters in Financial Mathematics in United States

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Academic requirements

GPA

2.7

GRE^®

Required

GMAT

Required

English requirements

Duolingo English Test

105

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

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

Upload unofficial transcripts.

Upload all required documents, including a customized Statement of Intent, Resume of educational and professional skills and experience, writing samples, and other required documents prescribed under program-specific admission policy.

Upload your statement of intent, resume, and a writing sample (if required).

Applicants may also submit unofficial copies of GRE/GMAT scores, TOEFL/IELTS/PTE and International transcript evaluations (if required) for the review process.

If admitted, you will need to submit official documents before coursework commences.

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

10147 USD / year

≈ 10147 USD / year
Out-of-State

10146 USD / year

≈ 10146 USD / year
Domestic

Applies to you

In-State

10146 USD / year

≈ 10146 USD / year

Living costs

Saint Cloud

United States

900 - 1400 USD / month

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

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 Applied 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

Living costs

Saint Cloud

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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