The UConn Master of Science in Quantitative Economics (MSQE) is a STEM program with an emphasis on using quantitative methods and data analysis to help solve economic problems. Our students graduate with not only a strong foundation in economic theory, but also the skills and experience needed to do sophisticated economic and data analysis. We offer unique electives and summer internships to position our students for job success.
UConn offers a full-length, full-semester MSQE program for students worldwide with an undergraduate degree. We also offer an accelerated program for current UConn undergraduate students who wish to pursue a combined Bachelor of Science (BS) or Bachelor of Arts (BA) and Master of Science (MS) in quantitative economics. Students must apply to the Graduate School for both the full-length and accelerated programs.
Full-Length Program (3 semesters)
The MSQE Program requires 30 credits over 3 semesters (fall-spring-fall). Of those 30 credits, 24 credits are from required courses and 6 credits are from elective courses. This option is offered for students worldwide with an undergraduate degree. Recommended preparation includes previous course work in microeconomics, macroeconomics, and statistics.
Current UConn undergraduate students may be able to move faster through the MSQE program by double-counting courses on their undergraduate and graduate plans of study.
3.5 years + 2 semesters (BS/BA and MSQE)
This option is offered to UConn students who are scheduled to complete their undergraduate degree in 3.5 years, graduating in the fall semester. Undergraduate students take 12 specific MSQE credits, count them toward their undergraduate degree, and enter the MSQE in the spring term.
4 years + 2 semesters (BS/BA and MSQE)
This option is offered to UConn students who are scheduled to complete their undergraduate degree in 4 years, graduating in the spring semester. These students take a break during the fall semester (for an internship, for example) and enter the MSQE program in the following spring term. Undergraduate students take 12 specific MSQE credits and count them toward their undergraduate degree.
An MSQE degree requires satisfactory completion of at least 30 credits maintaining at least a “B” (3.0) average.
Of these 30 credits, 24 must come from required MSQE core courses, and 6 or more are from electives approved by the student’s major advisor.
The required core courses for the MSQE degree are: ECON 5201 (Microeconomics), ECON 5202 (Macroeconomics), ECON 5301 (Mathematical Economics), ECON 5311 (Applied Econometrics I), ECON 5312 (Applied Econometrics II), as well as one graduate course in Economics in each of the following: Programming and Computation with R, Machine Learning for Economists, and Panel Data Econometrics.
Students can gain additional marketable skills by choosing from several MSQE elective courses. Topics include:
- Causal program evaluation, or the statistical methods and tools commonly used to evaluate causal claims about the impact of public policies and programs.
- Python, a programming language used by both small companies and major corporations to develop applications and to solve convex optimization problems.
- Financial econometrics, or some of the basic tools and techniques of mathematical finance.
- Operations research, or the optimization of input and output mixes, of delivery routes, and communication networks.
After two semesters of completed coursework, our students can take part in an optional summer internship. Some recent host sites and internship position titles include:
- IHS Market: Energy Company and Transaction Research Intern
- Voya Financial: IT Big Data Analytics Internship
- CT Students for a Dream: Policy Coordinator
- Inter American Development Bank: Summer Consultant Internship
- Symmetry Partners: Portfolio Analyst
- Charter Communications: Data Analyst
- World Bank: Short-Term Consultant
- Collins Aerospace: Data Science/Analytics Intern
- China-Eurasian Economic Cooperation Fund.: Assistant
Upon graduation, MSQE students are prepared to put their education and experience into practice. Recently, our graduates have secured positions with:
- Lockheed Martin: Financial Analyst
- McLagan: Analyst
- Pratt & Whitney: Data Scientist
- University of Connecticut: Researcher
- IDG Capital Liquid Network: Analyst
- Aegon-Industrial Funds: Analyst
- Niagara Bottling: Supply Chain Analyst
- The Hartford: Data Scientist
- KPMG Beijing: Analyst
- Moody Investors Service: Analyst
Certified Business Economist® (CBE) professional certification
The MSQE Program partners with the National Association of Business Economists (NABE) to offer students the opportunity to simultaneously earn the CBE certification.
The CBE is a comprehensive professional certification program of study and examination covering the core MSQE courses in applied economics and data analytics, and the optional course ECON 5501/5502. Writing and Communication for Business and Economics.
The CBE is designed to train and certify candidates on skills and knowledge in applied economics and data analytics sought by employers. Created in 2015, the certification was designed by leading economists to bridge the gap between what is learned in an academic setting and the knowledge needed to succeed as a practitioner. It is a platform for networking, lifelong continuing education, and career development.
Students will meet the requirements for CBE certification and earn the title of Pre-Certified Business Economist after they:
- Complete the master’s degree
- Complete the Writing and Communication for Business and Economics course
- Pass the CBE exam