Graduate Programs

M.A. in Economics

Our M.A. in Economics focuses on training students to work as data analysts by requiring several courses in econometrics. After completing the core set of courses, students may finish the required 30 credit hours with electives in health economics, financial markets, public economics, or Ph.D.-level field courses. Students typically complete the degree by writing and submitting a faculty-approved research paper within two years. Graduates have found employment in private firms and government agencies or have gone on to pursue a Ph.D. at NIU or another university.

A concentration in financial economics is also available, with electives designed for students interested in financial markets.

Ph.D. in Economics

The Ph.D. in Economics prepares students to work as data analysts, academic researchers, or professors. After three semesters of theory coursework and passing preliminary exams, students complete at least two fields among the department’s specialties. A partnership with NIU’s Division of Statistics allows students to earn an M.S. in Statistics concurrently. Select students receive graduate assistantships that include a stipend and tuition waiver in exchange for teaching support. Students who maintain good standing and make sufficient progress are typically funded for up to five years—enough time for most to successfully defend their dissertation. Graduates have secured tenure-track positions across the United States and internationally, as well as senior research roles in the private and public sectors.

Other Graduate Programs

Students not enrolled in a department graduate program may pursue a Certificate of Graduate Studies in financial economics. Students enrolled in the NIU College of Law may also apply for dual enrollment to earn an M.A. in Economics while completing their JD.

Beyond the Classroom

Graduate students are encouraged to get involved in our Association of Graduate Economics Students.