This program has temporarily suspended admission and plans to reopen for admission in Fall 2023
The Master of Science in Economics degree program prepares students as economists specializing in business analytics. The program provides students with the necessary theoretical and quantitative training to address current economic business problems in a thoughtful, rigorous manner.
Today's job market offers numerous opportunities to individuals who couple an advanced understanding of economic theory with well-developed skills in data analytics.
The Economics MS program requires a minimum of 30 credit hours beyond the bachelor's degree.
Degree Requirements
Required Courses
24 Total Credits No Rules
Fall Term Courses
12 Total Credits
- Complete the following:
- ECO6403 - Mathematical Economics (3)
- ECO6118 - Microeconomic Theory I (3)
- ECO5445 - Introduction to Business Analytics (3)
- MAP6207 - Optimization Theory (3)
Spring Term Courses
12 Total Credits
- Complete the following:
- ECO6424 - Econometrics I (3)
- ECO7116 - Microeconomic Theory II (3)
- ECO6315 - Seminar in Contemporary Economic Issues (3)
- ECO6445 - Data Wrangling (3)
End-of-Program Requirement
6 Total Credits
- Complete all of the following
- Complete the following:
- ECO6935 - Capstone in Business Analytics I (3)
- ECO6936 - Capstone in Business Analytics II (3)
- The culminating academic experience of the program consists of a two-course capstone sequence that provides students a forum in which to develop, carry out, and write up research of a well-defined problem in business analytics using the tools developed in the program.
Independent Learning
0 Total Credits
- The capstone research project is required of all students in the program.
Grand Total Credits: 30
Application Requirements
For information on general UCF graduate admissions requirements that apply to all prospective students, please visit the Admissions section of the Graduate Catalog. Applicants must apply online. All requested materials must be submitted by the established deadline.
In addition to the general UCF graduate application requirements, applicants to this program must provide:
- One official transcript (in a sealed envelope) from each college/university attended.
- Official, competitive GRE score taken within the last five years.
- Résumé.
- Two Letters of Reference: either two professors, if within two years of graduating, or one professor and a manager after that.
- Essay (no more than two pages; 8.5 x 11-inch stock, ten-point font, single-spaced, one-inch margins all around), explaining why candidate wants to study business analytics
- A computer-based score of 233 (or 91 internet-based score) on the Test of English as a Foreign language (TOEFL) if an applicant is from a country where English is not the official language, or if an applicant's degree is not from an accredited U.S. institution, or if an applicant did not earn a degree in a country where English is the only official language or a university where English is the only official language of instruction. Although we prefer the TOEFL, we will accept IELTS scores of 7.0.
- Applicants applying to this program who have attended a college/university outside the United States must provide a course-by-course credential evaluation with GPA calculation. Credential evaluations are accepted from World Education Services (WES) or Josef Silny and Associates, Inc. only.
Application Deadlines
| Economics MS | *Fall Priority | Fall | Spring | Summer |
| Domestic Applicants | Jan 15 | May 1 | | |
| International Applicants | Jan 15 | Jan 15 | | |
*Applicants who plan to enroll full time in a degree program and who wish to be considered for university fellowships or assistantships should apply by the Fall Priority date.
Financial Information
Graduate students may receive financial assistance through fellowships, assistantships, tuition support, or loans. For more information, see the College of Graduate Studies Funding website, which describes the types of financial assistance available at UCF and provides general guidance in planning your graduate finances. The Financial Information section of the Graduate Catalog is another key resource.
Fellowship Information
Fellowships are awarded based on academic merit to highly qualified students. They are paid to students through the Office of Student Financial Assistance, based on instructions provided by the College of Graduate Studies. Fellowships are given to support a student's graduate study and do not have a work obligation. For more information, see UCF Graduate Fellowships, which includes descriptions of university fellowships and what you should do to be considered for a fellowship.
