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The Master of Science in International Economics (MSIE) is designed for students who seek employment as an analyst or consultant with international trading companies, financial institutions, economics forecasting and consulting companies, international law firms, and a variety of international organizations. The program is also an excellent preparation for study at the doctoral level.

An MBA alternative

Unlike a traditional master’s program in business administration, the MS in International Economics program provides a solid foundation in economic theory and quantitative methods. Graduates gain sophisticated skills for analytical and empirical analysis of the global economy, including:

• Advanced forecasting techniques for economic, financial, and marketing research
• Construction and use of international financial databases
• Management and evaluation of global portfolios
• Writing technical reports on current issues in international economics
• Analysis of international trade issues and policies
• Effective management of foreign exchange risk

 

Development Economics Track in MSIE

The Development Economics Track of the MSIE program is designed for those with an interest in, or who plan to work with, less-developed countries. In addition to the foundation courses in macroeconomics, microeconomics and econometrics, it requires courses in international economics, development economics, and cost benefit analysis and impact evaluation. This track provides a solid basis for anyone planning a career with an international organization, international NGO, or a business that has trade or investment links with the developing world, or who hopes to work as a private or public sector analyst in a developing country. The faculty in the economics department comes from half a dozen countries, and have worked or taught in more than twenty developing countries.

 

Degree Requirements

The degree requires the successful completion of eight required courses and two elective courses. Full-time students entering in the fall with the appropriate background can complete the MSIE program in one calendar year (in 3 semesters with the track in Development Economics). The program is offered in the evening and students may enroll on a full-time or part-time basis. A full-time course load is 12 credit hours per term. All courses carry three credit hours.   All degree, curriculum, and course descriptions are subject to review and revision. 

Admission and Financial Aid

To be considered for admission you must hold a bachelor’s degree from an accredited college or university, take the GRE or GMAT and complete the application process. International students must submit the TOEFL scores and provide a statement of financial resources. Completion of undergraduate courses in Principles of Economics and Principles of Statistics are required. Domestic applicants may take these courses at Suffolk University before entering the program.

Graduate fellowships, assistantships and Beacon Hill Institute stipends are available to full-time graduate students. The awards may be limited and only cover a part of the total cost of your study.
Candidates should submit the application for admission to the Graduate Admission Office, and the application for financial aid to the Financial Aid Office and to the Department of Economics.

Curriculum (MSIE)

EC 710 Macroeconomics
EC 720 Applied Microeconomics
EC 730 International Trade Theory & Policy
EC 740 International Monetary Economics
EC 745 International Financial Economics
EC 750 Applied Econometrics
EC 755 Global Data Analysis
EC 760 Applied Time Series Methods

 

Elective Courses

Choose Two Courses; one course from
EC 785 Topics in Economics
EC 786 Topics in International Economics
and another, subject to Graduate Program Director’s approval, from the graduate level courses relevant to international economics and finance.   

Curriculum (with Development Economics Track)

EC 710 Macroeconomics
EC 720 Applied Microeconomics
EC 724 Cost Benefit Analysis and Impact Evaluation
EC 730 International Trade Theory & Policy
EC 740 International Monetary Economics
EC 742 Transition and Development Economics
EC 750 Applied Econometrics
EC 755 Global Data Analysis

Elective Courses

Choose Two Courses, one course from
EC 785 Topics in Economics
EC 786 Topics in International Economics
and another graduate course, subject to Graduate Program Director’s approval, in economics, government, finance, or public administration with development focus.

The faculty will advise students as to which courses they should complete each semester. This program must be completed in no more than five years.


You can find full course descriptions in our Academic Catalog.