Georgetown’s Department of Economics offers 4 graduate programs in Economics: an M.A. in Applied Economics, an M.S. program in Economics, an M.A. in Political Economy, and a Ph.D. program in Economics.
The M.A. in Applied Economics provides students with a solid understanding of the fundamental tools of economic analysis, which can be employed to undertake rigorous analyses of economic issues and economic policies. The focus of this program is in contrast to an alternative professional degree, such as an MBA, which provides the relevant training for a career in business or management. It also is distinct from an M.S. degree in economics, which is frequently considered a stepping stone to a Ph.D. in economics and concentrates on academic contributions.
The M.S. in Economics program is an innovative two-year program, recognized as a STEM degree, emphasizing frontier training in econometrics and quantitative economics.
The M.A. in Political Economy is an innovative one-year program, run jointly with the Solvay School of Economics and Management in Brussels, which combines the strengths of two internationally renowned institutions. Its objective is to prepare the next generation of economists to rigorously analyze the key economic policy questions of the 21st century. The focus on political economy reflects the view that evaluating and addressing global and local economic challenges requires an understanding of the institutions and political settings in which such challenges arise. The program aims at providing students with some theoretical training and exposure to hands-on practice through instruction by both faculty and practitioners who are experts in their respective fields. Instruction for the program takes place in both Brussels and Washington DC.
The Ph.D. in Economics program is a full-time course of study designed for students who seek research careers on the forefront of economic science. The Ph.D. program provides an excellent training environment for future scholars. Located in the nation’s capital, it is ideally situated for both students specializing in the pure science and those who wish to study policy informed by the science.
Ph.D. students may choose from among nine fields of specialization:
- Economic Development
- Economic Theory
- Industrial Organization
- International Macro and Finance
- International Trade
- Labor Economics
- Public Economics and Political Economy
Analytical skills and a strong preparation in mathematics are essential for a successful application.
- M.A. in Applied Economics
- M.A. in Political Economy
January 1, 2020
M.A. in Applied Economics
January 15, 2020
April 1, 2020
M.S. in Economics
January 15, 2020
April 1, 2020
M.A. in Political Economy
January 15, 2020
April 1, 2020
Please be sure to review the Graduate School Admissions How to Apply page for all general requirements and the application requirements checklist.
PROGRAM ADMISSIONS REQUIREMENTS
Please review the program’s website for additional information on program admissions requirements.
Application Materials required:
- Application Form
- Non-refundable Application Fee
- Statement of Purpose
- Unofficial Transcripts – Applicants are required to upload to the application system unofficial transcripts from all undergraduate and graduate institutions attended. Do not send electronic or paper copies of your transcripts before receiving an offer of admission. Review the unofficial transcript requirements for additional details and FAQs.
- Official Recommendations (3)
- GRE Score
- TOEFL/IELTS (please see below)
Undergraduate training in economics is desirable, but exceptions are made in cases of students with appropriate alternative backgrounds. Undergraduate training in statistics and multivariable calculus is required, plus superior performance on the verbal, quantitative, and analytical aptitude sections of the GRE.
The core courses in typical Ph.D. programs in economics, including Georgetown’s, are highly mathematical. The typical matriculant to the Georgetown Ph.D. program has a strong mathematics background and achieves above the 80th percentile on the quantitative section of the GRE. Ideally, applicants should have completed three semesters of calculus and one semester each of linear algebra and differential equations. Courses in Real Analysis and/or Measure Theory are highly desirable.
- GRE – GRADUATE RECORD EXAM
Results of the General Test of the Graduate Record Examination (GRE) are required for all applicants. There is no required minimum score on the GRE. Georgetown University’s reporting code is 5244. Test scores must be received by the application deadline date. Applicants should allow six to eight weeks from the test date for the reporting of scores to the institution. Applications will not be considered without GRE scores. Information on registering to take the GRE can be found at: http://www.gre.org/ttindex.html
ENGLISH PROFICIENCY: TOEFL / IELTS
All applicants are required to demonstrate a level of proficiency in the English language sufficient to meet the admission requirement of the Graduate School of Arts and Sciences. Proficiency can be demonstrated by the receipt of a bachelor’s or advanced degree from an accredited institution of higher education in the United States or from a university where English is the primary language of instruction (please note that applicants receiving degrees at universities in U.S. territories, such as Puerto Rico, are required to submit the TOEFL or IELTS unless the primary language of instruction at the institution is English). All other applicants must achieve at least a minimum score on either the TOEFL or IELTS test. Test scores must be received by the application deadline date. Applicants should allow six to eight weeks from the test date for the reporting of scores to the institution. Applications will not be considered without TOEFL/IELTS scores.
TOEFL: A minimum score of 80 (iBT test) on the Test of English as a Foreign Language (TOEFL). Georgetown University’s reporting code is 5244. TOEFL information: http://www.ets.org/toefl/
IELTS: A minimum score of 7.0 from the International English Language Testing System. IELTS Information: http://www.ielts.org
For the master’s program students will be expected to complete the minimum of 30 course credits by taking a combination of core and elective courses. For further information please visit the website.
To attain a Ph.D., a student must complete the Graduate School requirement of 54 credit hours of course work and maintain Satisfactory Progress in all phases of the course of study. For additional information, please visit the department’s website.