Master of Science in Economics - Quantitative Economics
- Public University
College of Business
Talk to ExpertMaster of Science in Economics - Quantitative Economics at Illinois State University Overview
One of the most famous programs at Illinois State University is Master of Science in Economics - Quantitative Economics at PG course with the duration of 18 to 24 months. Indian students applying for Master of Science in Economics - Quantitative Economics program must submit all the required documents as per university guidelines. Indian students must submit proof of English proficiency exams such as IELTS, TOEFL, GRE, PTE and Duolingo. Indian students must apply as soon as possible, as the seats are limited. Illinois State University tuition fee for first-year is USD 18,824 (INR 1,806,916). Furthermore, students must prepare themselves for crucial living cost, accommodation, hosted fee, book and more. The cost of living at Illinois State University is USD 10,130 (INR 972,379).
Duration | 1.5 - 2 years |
Tuition & Fees | ₹18.04 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Economics - Quantitative Economics at Illinois State University Fees
The Illinois State University Master of Science in Economics - Quantitative Economics fees includes first year tuition fee and cost of living for international students. The first-year tuition fee is around USD 18,824 (INR 1,806,916). In addition to tuition costs, international students must manage their living expenses such as housing, food, and other utilities, which contribute to the total cost of living, estimated at USD 10,130 (INR 972,379). The Illinois State University cost varies depending on the additional cost.
Refer to the table below for a detailed fee breakup of the Illinois State University Master of Science in Economics - Quantitative Economics.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 18,03,525 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 9,70,554 |
| Insurance | INR 74,061 |
Calculated at the exchange rate of 1 USD = INR 95.80985 | Tuition & expenses were last updated on 27ᵗʰ July 2026Download 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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- 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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