The Department of Economics at Rensselaer offers an innovative co-terminal M.S. degree program that Rensselaer undergraduate students can use to enhance their understanding of the fundamentals of advanced economic analysis, application of mathematical methods and economic modeling, and the use of econometric methods for sophisticated and large-scale data analysis.
As Rensselaer is a highly-ranked STEM and interdisciplinary institution, we are committed to offering our students the opportunity to take courses in other schools and colleges on campus to facilitate an interdisciplinary educational experience. There is abundant opportunity for interested students to take courses and interact with faculty and other students from complementary departments in mathematics, sciences, and engineering, as well as at the Lally School of Management and other departments within the School of Humanities, Arts, and Social Sciences.
We offer a welcoming and stimulating environment for students to study and work that is supported by exceptional library and computational facilities on campus. Rensselaer’s diverse student body provides an ideal setting in which to pursue your graduate studies. We are located relatively close (three hours driving or by train) to the major metropolitan areas of New York City and Boston, which provide additional opportunities for internships while enrolled in the program and careers upon graduation, and our excellent advising staff will work closely with students to provide help in these dimensions. Finally, our program is structured to foster close relationships between the faculty and students to further enhance your educational experience.
The M.S. program is applied in nature, emphasizing applications of economic theory, econometrics, and mathematical modeling. Our faculty have expertise in: applied econometric methods; big data econometrics and analytics; health and medical economics; behavioral economics; economics of technology and innovation; economics of government regulations and policy; economics of financial markets; industrial organization and applied game theory; and economic growth. Our program offers a wide range of courses in these areas that students can use to customize their optimal curriculum.
Our program is structured such that students can complete the M.S. degree requirements in two semesters (fall and spring) or, if they wish, they can stay longer to take additional coursework and enhance their quantitative and economic modeling skills for their chosen career paths.
For undergraduate students who are already at Rensselaer, we offer a Co-Terminal M.S. program in Economics, which, aside from developing disciplinary skills, also takes an interdisciplinary approach to preparing students for tackling a wide range of problems within an applied and quantitative framework. This stand-alone M.S. degree may also be of interest to current Ph.D. and M.S. students at Rensselaer who may wish to add rigorous training in economics to their fields of study.
The program is designed to help students gain a broader understanding of the economic and policy issues that are required for careers as an economic, financial, or market analyst.