Master of Science in Economics - Quantitative Economics
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Talk to ExpertMaster of Science in Economics - Quantitative Economics at Illinois State University Overview
The Illinois State University is a popular destination among international PG students interested in pursuing Master of Science in Economics - Quantitative Economics from abroad. The program can be pursued over a duration of 18 to 24 months. The Illinois State University Master of Science in Economics - Quantitative Economics program is considered part of the top ranked courses in USA. Candidates interested in pursuing the course must satisfy the specified eligibility criteria and secure valid scores in exams such as IELTS, TOEFL and GRE. Interested candidates are required to submit respective admission applications as soon as the admission window opens as there are limited seats to be filled.
The first year tuition fee for Master of Science in Economics - Quantitative Economics at Illinois State University is around USD 18,824. Students must also plan for some other additional costs they may incur over the duration of studies such as rental, groceries, books, health insurance, etc. The average estimated cost of living at Illinois State University is around USD 10,130.
Duration | 1.5 - 2 years |
Tuition & Fees | ₹16.70 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
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Master of Science in Economics - Quantitative Economics at Illinois State University Fees
Students interested in pursuing a Master of Science in Economics - Quantitative Economics from Illinois State University must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in USA such as rent, food, medical, travel and other expenditures. The overall estimated cost of living students can expect to incure is around USD 10,130.
The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by Illinois State University over the duration of studies. The first year tuition fee for Master of Science in Economics - Quantitative Economics is around USD 18,824.
For a more detailed fee breakdown regarding the Master of Science in Economics - Quantitative Economics from Illinois State University, refer the table given below:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 16,70,254 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 8,98,835 |
| Insurance | INR 68,588 |
Calculated at the exchange rate of 1 USD = INR 88.73 | Tuition & expenses were last updated on 22ⁿᵈ April 2025Download exam sample paper
Master of Science in Economics - Quantitative Economics at Illinois State University Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
- Read less
- Applicants must:
- have earned a four-year bachelor's degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic year
- have a cumulative GPA of 3.0 on a 4.0 scale for either the last 60 hours of undergraduate coursework or any previous work in a master’s program
- Prerequisite subjects:
- basic calculus and statistics
- intermediate microeconomics and macroeconomic theory
- Applicants must:
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Out of 10
- Marks - 79/120
-
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- No specific cutoff mentioned
- Marks - 6.5/9
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- No specific cutoff mentioned
- Applicants need to have a quantitative score of 150 or better, and a verbal score of 140 or better
- Marks - 105/160
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- Yes
- Read lessA conditional admission is issued when the application for admission is missing a required official/final document. Most applicants are reviewed with unofficial transcripts or test scores. Admission to the University is contingent upon receiving official or final transcripts with a degree posted and/or official test scores, like GRE, GMAT, TOEFL, IELTS, etc. Documents must be sent to the University prior to the start of the term. A student may be terminated from graduate studies at Illinois State if the missing documentation is not provided within one semester.
Master of Science in Economics - Quantitative Economics at Illinois State University Application Process
- A two-page statement of purpose explaining applicant's interest in the Quantitative Economics graduate sequence at Illinois State University, academic and professional goals, and what he/she hopes to achieve as a graduate student in Economics
- Three (3) letters of recommendation:
- At least two of the letters of recommendation should come from individuals who are familiar with the applicant's scholarly record
- The third can be an additional academic reference or a professional reference from someone who knows the applicant well and can comment on the applicant's potential as a graduate student
- A current resume or C.V.
- Official transcripts from each college or university attended
- GRE scores
- English language proficiency Scores
- Declaration of finances
- A Copy of Passport
- Students have the option of paying in five installments (two for summer semester)
Master of Science in Economics - Quantitative Economics at Illinois State University Rankings
| Rank | Rank Publisher |
|---|---|
| #222 | |
| #1401 |
Master of Science in Economics - Quantitative Economics at Illinois State University Highlights
- Quantitative Economics is an interdisciplinary program between the Economics and the Mathematics departments
- The sequence is designed for students who intend to pursue a double Master's in Economics and Mathematics/Statistics, for students interested in the quantitative aspects of Economics, and/or for students interested in enhancing their mathematics skills to pursue a Ph.D. in Economics in the future
- In addition to 22 hours of core courses in economic theory, students will take 12 or more hours of graduate-level math courses
Master of Science in Economics - Quantitative Economics at Illinois State University Scholarships
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