Best Online Master’s Programs in Economics

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Online master’s in economics programs can prepare graduates for lucrative careers in a growing profession. According to the Bureau of Labor Statistics (BLS), economists made a mean annual wage of just over $100,000 in 2017, and jobs for qualified professionals in the field are increasing at a steady rate. Master’s in economics online programs allow interested students to earn their credentials conveniently. In this ranking, we explore the 25 best online economics master’s programs. For more general information regarding online learning visit our ranking of the top online colleges.

Rating and Ranking Methodology
Tuition Points:

  • Under $25,000—1 point
  • Under $20,000—2 points
  • Under $15,000—3 points
  • Under $10,000—4 points
  • Under $5,000—5 points

U.S. News & World Report’s Ranking

  • Top 25—6 points
  • Top 50—5 points
  • Top 100—4 points
  • Top 150 –3 points
  • Top 200—2 points
  • Top 250—1 point

Customization Options
• Format Customizations (e.g. Hybrid/Online, Full-time/Part-Time, Accelerated, Degree Completion, etc.)—1 Point Per Customization Option
• Content Customizations (e.g. Concentrations, Specializations, Areas of Emphasis, Dual Degree Options, etc.)—1 Point Per Customization Option

Wow Factor
• 1 point awarded for each unique feature or program that “wowed” us

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Advertisement BestCollegeReviews.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Featured Online Schools

Ranking the Best Economics Master’s Programs Online

Our initial pool of master’s in economics online programs included 38 programs. Our editors carefully evaluated each of these options, considering critical factors like affordability, national recognition, scheduling options, course delivery, specialization options, and more. In the case of a tie, the more economical online master’s in economics program received the higher ranking.

Best Online Master's in Economics Programs 2021

  • #1 Johns Hopkins University

    Baltimore, MD

    MS in Applied Economics

    Website

    A top university based in Washington, D.C., Johns Hopkins consistently invests more in research and development than most other universities. The school runs a flexible online master of science in applied economics program with an optional concentration in financial economics. This master’s degree in economics emphasizes emerging areas and practical experience with quantitative methods.

    The school’s accelerated economics master’s program takes 12-24 months to complete, depending on enrollment pace and prior work completed. Learners take four required courses, an econometrics course, and five electives. The flexible program allows students to tailor the curriculum to elective interests such as environmental economics, spatial economics, and international economics and development.

    Johns Hopkins enrolls economics master’s applicants in summer, fall, and spring. Prerequisites include a 3.0 minimum GPA as well as economics and calculus coursework. Applicants also need a bachelor’s degree from a regionally accredited school. Application requirements include a resume, transcripts, a purpose statement, and recommendation letters.

    Johns Hopkins University is regionally accredited by the Middle States Commission on Higher Education.

    School Type: Private not-for-profit, 4-year or above

  • #2 West Texas A&M University

    Canyon, TX

    Master of Science in Finance and Economics­(M.S.F.E.)

    Website

    WTAMU, a public university in Canyon, offers a master of science in finance and economics (MSFE) program through the Paul and Virginia Engler College of Business. The flexible program allows students to choose between courses focusing on either finance or economics. Serving students who work full time, the MSFE permits full-time or part-time enrollment. Full-time students usually finish the accelerated program in about two years by completing courses during five semesters per year.

    The 36-credit master’s program features fully online or blended program options. The curriculum consists of 21 core course credits in topics such as corporate finance, international business, and quantitative analysis. Enrollees also complete 15 credits of electives from areas such as business, finance, and economics. Degree candidates must pass a comprehensive examination to graduate.

    Eligible applicants hold a bachelor’s degree from a regionally accredited school. Students lacking economics prerequisites complete an additional nine credits of foundational coursework at WTAMU.

    West Texas A&M University is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges.

    School Type: Public, 4-year or above

  • #3 University of Detroit Mercy

    Detroit, MI

    Master of Arts in Economics

    Website

    Serving students interested in doctoral studies or research roles, the online master of arts in economics program at UD Mercy allows learners to pursue both applied and theoretical studies. Graduates often work in industry, government, or nonprofit organizations.

    Enrollees receive solid grounding in the liberal arts and pursue deep understanding of significant global economic forces, history, and institutions. Students also practice applying financial and economic principles to domestic and international economic systems.

    UD Mercy’s 30-credit master’s in economics program includes 15 required credits in topics such as economic analysis, quantitative foundations, and financial economics. Learners also take five elective courses in topics such as business forecasting, labor economics, and economics for the public sector. Many interested students complete an optional thesis, which counts toward elective requirements.

    Eligible applicants hold a bachelor’s degree from a regionally accredited school with a 3.0 minimum GPA. Online students enjoy significant tuition discounts.

    University of Detroit Mercy is regionally accredited by the Higher Learning Commission.

    School Type: Private not-for-profit, 4-year or above

  • #4 Southern New Hampshire University

    Manchester, NH

    Master of Science in Applied Economics

    Website

    SNHU’s online master of science in applied economics emphasizes data analysis, problem-solving, and decision-making. Students complete this 36-credit program asynchronously in a minimum of 15 months.

    The program offers courses in macro- and micro-economics, game theory, and econometrics. Enrollees also choose four specialized electives in areas such as natural resource economics or international corporate finance. All students complete a capstone course that integrates prior learning. Enrollees lacking prior coursework in business or economics complete foundational courses in business mathematics, financial reporting and analysis, and business economics.

    Eligible applicants submit personal statements and official transcripts demonstrating a 2.75 minimum GPA. Applicants with lower GPAs often qualify for provisional acceptance. SNHU does not require GRE or GMAT scores. The school accepts up to 12 transfer credits toward the master’s program.

    Southern New Hampshire University is regionally accredited by the New England Commission of Higher Education.

    School Type: Private not-for-profit, 4-year or above

  • #5 Georgia Southern University

    Statesboro, GA

    Master of Science in Applied Economics, M.S.A.E

    Website

    A large public research university with its flagship campus in Statesboro, Georgia Southern offers over 140 majors, including applied economics. The master of science in applied economics (MSAE) program allows working students to complete their degree online and asynchronously. The 30-credit MSAE program focuses on building skills for managing rapid change.

    Emphasizing economic theory, policy, and analysis, the curriculum consists of 15 required credits and 15 elective credits. Core courses cover economics, mathematics, and econometrics. Electives options include regional economic development, health economics, and applied dynamic optimization.

    Enrollees finish the MSAE in about two years by completing two courses per semester for five semesters. Students enroll in the program in either fall or spring. Georgia Southern ensures high-quality online instruction by requiring distance learning professors to obtain online teaching certification.

    Eligible applicants hold a bachelor’s degree from an accredited school with a minimum 3.0 GPA, demonstrate satisfactory completion of prerequisites, and submit competitive GRE scores. The MSAE holds programmatic accreditation from the Association to Advance Collegiate Schools of Business.

    Georgia Southern University is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges.

    School Type: Public, 4-year or above

This concludes our ranking of the Top Online Master’s in Economics. Thanks for checking it out!

By BCR Staff
September 2018

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