MA in Applied Economics at University of Illinois, Chicago (UIC)

The University of Illinois at Chicago (UIC) provides a Master of Arts in Applied Economics through its College of Liberal Arts and Sciences. This program lasts for 10 months and has a tuition fee of USD 24,738. To get admitted to the MA in Applied Economics at UIC, students need to show their English language skills. The accepted tests for demonstrating English proficiency are IELTS, TOEFL, and PTE.

12th Grade

No specific cutoff mentioned.

Graduation

Applicants must have a bachelor’s degree from an accredited college or university. A degree in economics is not required. Applicants should have completed at least one semester of calculus and statistics. It is recommended to have some knowledge in microeconomics and macroeconomics, but a degree in economics is not necessary for admission.

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GRE

Marks: No specific cutoff mentioned

No specific cutoff mentioned.

TOEFL

Marks: 80.0

Subscores required: Reading 19, Listening 17, Speaking 20, Writing 21.

IELTS

Marks: 6.5

Subscores must be at least 6.0 in all four areas.

PTE

Marks: 54.0

Subscores required: Reading 51, Listening 47, Speaking 53, Writing 56.

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Application Process for The University of Illinois at Chicago

Step One: Prepare Documents for Application

Letters of Recommendation (LOR)

Submit three letters of recommendation. These letters should be on letterhead stationery from the recommender’s institution. The form and content of the letters can be decided by the recommender. Recommenders can be from academia or outside, but they should know about the applicant’s potential for graduate study.

Curriculum Vitae (CV)

Submit a CV or resume.

Step Two: Additional Documents Required

Make sure to include the following additional documents:

• Transcripts of all previous undergraduate and graduate work.
• Proof of English language proficiency scores.
• Financial Documents:
• An original bank statement signed by a bank official showing enough funds in a savings account, money market account, or certificate of deposit account.
• A Declaration and Certification of Finances Form signed by both the student and the sponsor.
• A Personal Statement: Submit a one-page statement explaining why you want to pursue graduate study in Economics and your goals.
• GRE test scores.

Step Three: Start Your Online Application

Begin your application process online.

Step Four: Application Fees

The application fee for this course is USD 70 (approximately INR 5.9 Thousand). You can pay this fee using a credit card.

The University of Illinois offers an optional Payment Plan. This plan allows students or authorized payers to divide the payment of tuition, mandatory fees, room, and board costs into 6 installments for the Fall and Spring semesters. If you choose this plan, you will not be charged monthly late payment fees while enrolled in it.

Step Five: Application Deadline

The deadline for applications for the Summer session (May) is February 1st. Please note that these dates are tentative based on the previous year. For exact deadline dates, it is best to consult with an expert advisor.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"