Master of Science in Applied Economics

Master of Science in Applied Economics

Our top five STEM-designated Master of Science in Applied Economics program combines rigorous training in economic analysis and applied econometrics, allowing our students to build strong quantitative and empirical skills highly demanded across industries.

More than ever, employers need analysts who are skilled in evidence-based quantitative methods. Professional analysts who can understand and apply economic research are in high demand. A professional master’s degree in applied economics that enhances your analytical skills will give you a valuable advantage in your work and expand your career opportunities.

The application deadline for Fall 2026 enrollment for international students has passed, but please email cpmasters-econ@umd.edu if you would like to submit a late application.

Domestic students have until June 10, 2026 to submit an application for the fall, for both online and in-person learning. Learn more and apply now.

Discover everything about our MS in Applied Economics program in a virtual session on Thursday, April 9, 2026, at 6:00 PM ET. Get detailed insights and engage in Q&A with our program directors and representatives.

Register for Info Session

‘Political Pressure on the Fed’: Guest Seminar with UMD’s Esteemed Faculty

On Thursday, December 11th, University of Maryland professor Thomas Drechsel gave a guest presentation in our program’s Washington, DC location.  Dr. Drechsel presented his paper, “Political …

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Top-Five Ranked Program

STEM Designated

Affordable

High Placement Rate

Flexible For Working Professionals

Large Alumni Network

Program Information

In this 10-course, 30-credit Master of Science in Applied Economics program, the highest ranked in the DC area, students develop the quantitative skills they need to perform real-world policy-relevant analyses.

We offer both in-person and online versions of the program. Both in-person versions of the program are located in the Washington, DC area – either in downtown Washington, DC, or on our main campus in College Park, Maryland (also within the DC metro area, less than 10 miles from the White House).

Our program’s faculty of PhD economists help our students develop applied econometric skills with statistical software like Stata and R.  Areas of application include macroeconomic and financial forecasting, environmental policy, economic development, international trade, and a wide range of other fields. The program prepares students to work in the public, private, and nonprofit sectors.

Application Deadlines

Program Start DateProgramApplicant TypeApplication Deadline
Fall 2026College ParkInternational F-1 Visa2/4/2026
Fall 2026Online;
College Park;
Washington, D.C.
Domestic / Non-F-1 Visa6/10/2026

Take the Next Step

Learn more about our M.S. in Applied Economics program using the menu options. We are here to assist you with any questions you may have.