MS in Applied Economics

GW’s Master of Science in Applied Economics provides students with the tools to succeed as economists in today’s data-driven world. Our graduates learn how to draw meaningful implications from data and integrate economic analysis into their professional lives. They apply economic theory and quantitative methods to real-world problems such as measuring the impacts of government programs and forecasting economic trends.
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students listening in an MA in Applied Economics class
 

Classes are taught by a wide range of faculty, utilizing both GW’s internationally recognized economics professors, along with professionals from Washington, DC based economic organizations. Our faculty brings to the classroom a combination of practical experience and deep knowledge. GW’s proximity to the institutions and resources of the nation’s capital adds an educational dimension not available elsewhere. Coursework includes not only training in economics but also data science, budgeting and public policy, and geographic information systems. Students also have the option to take up to two electives at the Trachtenberg School of Public Policy and Public Administration, the School of Business, the Milken Institute School of Public Health or the School of Engineering and Applied Science.

The MS in Applied Economics is a U.S. Department of Homeland Security STEM-designated degree program, which provides student visa holders with the opportunity for two additional years of post-graduation employment in the United States.


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Program Highlights

  • Full- or part-time enrollment options accommodate busy schedules; many students come to the program while continuing current employment in the Washington area.
  • Curriculum includes research and practical data-based projects, enabling students to demonstrate proven skills to existing or prospective employers.
  • Through GW’s partnership with the World Bank’s Data Lab University Data Fellows Program, students have the opportunity to work with World Bank economists on their projects of global significance.
  • Funding is available for students to complete internships and work with professors, either on research or in their classrooms.
  • Students have the option to enroll simultaneously in a graduate certificate program in a variety of different fields.
  • One-on-one faculty advising on course selection and career opportunities provides students with needed guidance.
  • A communication workshop helps students hone oral and written skills for presentation of economic analyses.
  • Our partnership with the National Association of Business Economists gives our students the opportunity to prepare for the Certified Business Economist® (CBE) professional certification in business economics and data analytics while completing their degree.
  • Program specialties in budgetary and fiscal policy, regulatory and anti-trust economics, financial regulation, economic forecasting, development economics, labor and human resource economics, international trade, financial policy and urban and regional economics support a broad array of career possibilities.

Information Session Recording


Where Do Applied Economics Graduates Work?

Graduates of our program work for a wide range of employers across the globe, spanning consulting, banking/finance, government agencies, nonprofit organizations, and international organizations. If more than one graduate with the same employer works at the same location, then the number of graduates is shown in parentheses; graduates currently pursuing further studies are omitted. It's worth looking through the lists below!

Consulting
84.51°Chicago, IL
AcumenWashington, D.C.
Ardent Eagle SolutionsWashington, D.C.
Augur ConsultingWashington, D.C.
Baryonyx Management ConsultingWashington, D.C.
Bates White (4)Washington, D.C.
BDO USAChicago, IL
Berkeley Research GroupEmeryville, CA
Booz AllenSan Diego, CA
Coherent EconomicsChicago, IL
Compass Lexecon (2)Washington, D.C.
Committee for Economic Development (Conference Board)New York, NY
DeloitteWashington, D.C.
DeloitteShanghai, China
EconOneLos Angeles, CA
Econ OneWashington, D.C.
Edgeworth EconomicsWashington, D.C.
FI ConsultingArlington, VA
FTI ConsultingWashington, D.C.
Gormley GroupWashington, D.C.
GuidehouseWashington, D.C.
ICF Consulting (2)Reston, VA
Independent Project AnalysisArlington, VA
Morning ConsultWashington, D.C.
PBMaresHarrisonburg, VA
Technomics (2)Arlington, VA
TransVoyantAnnapolis, MD
Viridios AINashville, TN

 

U.S. Federal and State Government Agencies
Auditor of Public AccountsFrankfort, KY
Bureau of Labor Statistics (2)Washington, D.C.
Bureau of Labor StatisticsChicago, IL
Coast GuardWashington, D.C.
Congressional Budget OfficeWashington, D.C.
Commodity Futures Trading CommissionWashington, D.C.
Council of Economic AdvisorsWashington, D.C.
Department of Commerce (2)Washington, D.C.
Department of LaborWashington, D.C.
Energy Information Administration (2)Washington, D.C.
Famine Early Warning Systems Network (USAID)Washington, D.C.
Federal Reserve BankSan Francisco, CA
Federal Reserve Board (2)Washington, D.C.
Dept. of Health and Human ServicesRockville, MD
International Trade AdministrationArlington, VA
International Trade CommissionWashington, D.C.
New York State Homes and Community RenewalNew York, NY
Nuclear Regulatory ComissionWashington, D.C.
Office of Personnel ManagementWashington, D.C.
Siskiyou County Economic Development CouncilYreka, CA
Department of Treasury (2)Washington, D.C.
U.S. ArmyWashington, D.C.
U.S. Postal ServiceWashington, D.C.

 

Banking/Finance
American Bankers AssociationWashington, D.C.
B.Riley FinancialArlington, VA
Fannie Mae (2)Washington, D.C.
Fidelity InvestmentsBoston, MA
Freddie Mac (2)Washington, D.C.
JP MorganNew York, NY
Morgan StanleyBaltimore, MD
State StreetWashington, D.C.
VisaSan Fransisco, CA

 

Other Private Sector
AvalonBay CommunitiesWashington, D.C.
American Staffing AssociationAlexandria, VA
Association for Talent DevelopmentArlington, VA
BoeingSeattle, WA
CandleScienceRaleigh, NC
Computer and Communications Industry AssociationWashington, D.C.
Education WeekBethesda, MD
GannettWashington, D.C.
Marriott InternationalBethesda, MD
MEG International CounselWashington, D.C.
Washington GasWashington, D.C.

 

International Organizations
African Development BankAbuja, Nigeria
International Fund for Agricultural DevelopmentAbidjan, Côte d'Ivoire
International Monetary Fund (9)Washington, D.C.
United NationsNew York, NY
World BankWashington, D.C.

 

Nonprofit Organizations
Carlson Global InstituteMinneapolis, MN
Economic Policy InstituteWashington, D.C.
Foundation for Government AccountabilityTampa, FL
Harvard Business SchoolCambridge, MA
Information Technology and Innovation FoundationWashington, D.C.
National Association of Counties (2)Washington, D.C.
Rocky Mountain InstituteWashington, D.C.
Wellspring Philanthropic FundSilver Spring, MD

 

Other International Employers
Bank of KuwaitKuwait City, Kuwait
Bank of NamibiaWindhoek, Namibia
Central Bank of JordanAmman, Jordan
Gökmen GastronomiAnkara, Turkey
IDInsightLusaka, Zambia
KFH CapitalKuwait City, Kuwait
LandsvirkjunReykjavik, Iceland
National GridLondon, UK
NetEaseHangzhou, China
Nigeria Inter-Bank Settlement SystemsLagos, Nigeria
PacteraBeijing, China
ParkRissonBeijing, China
Payments CanadaToronto, Canada
Saudi Central Bank (4)Riyadh, Saudi Arabia
SunyaarTehran, Iran
Tadiran GroupPetah Tikva, Israel
Warba BankKuwait City, Kuwait

 


Student Outcomes

  • Identify economic questions and successfully answer them using the theoretical tools of micro- or macroeconomics and the quantitative tools of data analysis and econometrics.
  • Learn to review existing literature to understand what experts in the field already know about a given economic issue.
  • Use modern data visualization techniques and public speaking skills to effectively teach an audience something new.
  • Build a strong foundational knowledge in ethical writing practice to avoid common plagiarism and copyright pitfalls in research and written work.
  • Develop teamwork skills, problem-solving skills and the economic thinking needed to address any real-world economic issues.