In organizations of all sizes and sectors — from finance to government and regulatory agencies — there is a need for experienced professionals who can see past short-term turbulence to examine long-term trends.
The Master of Science in Economics program from the Drexel School of Economics integrates training in core economics, rigorous quantitative methods and policy analysis to give students an understanding of how markets and economies function. Required classes for this STEM-designated degree provide a solid foundation in the more technical areas of economics, including micro- and macroeconomic theory, statistics and econometrics.
Informed by Drexel’s over 100-year history of partnering with industry leaders, such as Comcast, Federal Reserve Bank of Philadelphia, JPMorgan Chase, UBS and more, the program features renowned faculty and a curriculum built on experiential learning — allowing students to put their skills in data analysis and forecasting into practice through real-life data sets and applications.
This master’s program is ideal for those interested in becoming practitioners in industry, the financial sector, government, regulatory agencies or international organizations. Available options for rigorous training in mathematics and advanced theory also make this program ideal for students who aspire to a PhD in Economics or plan to work in economic research.
MS in Economics Curriculum
Economics and related business electives are offered in many disciplines, including managerial economics, public finance, game theory and health economics. Students can also take courses in other Drexel LeBow disciplines such as finance or management. Courses are also available through Drexel’s Public Policy program and Mathematics Department.
Offered on-campus in Philadelphia, Drexel LeBow’s MS in Economics is available in both full-time and part-time options to fit the student’s individual needs. The program can be completed in as little as 18 months or on a more relaxed timeline.
Students can choose from three tracks to customize their learning experience.
- Public Policy Track
Economics is indispensable for understanding the intended and unintended consequences of public policies and other interventions. Students in this track combine coursework in economics with courses in either public policy offered through the College of Arts and Sciences or courses in urban strategy offered through the Antoinette Westphal College of Media Arts and Design. This track is ideal for students who wish to pursue careers in government or nonprofits.
- Applied Industry Track
The study of economics provides students with insight into market dynamics, pricing mechanisms, sources of competitive advantage and the macroeconomic environment within which firms operate. Students in the applied industry track combine those skills with acumen in decision making and negotiations gained from courses in management, organizational behavior and marketing. The result is a student uniquely poised to solve future business challenges. This track is ideal for students seeking roles in private industry.
- Academic Research Track
Success in many doctoral programs require that students have a solid foundation in quantitative reasoning. Students in this track may supplement the economics curriculum with courses in mathematics, and with the approval of the instructor, doctoral level courses in economics. This track is ideal for students who seek to enter PhD programs in business, public policy, public health, economics or other social sciences.
Experiential Learning for Graduate Students
A practical, hands-on approach is embedded into graduate programs at LeBow, integrating experiential learning across all components of the student experience. Research-driven consulting projects, industry speakers, competitions and other engagements allow students to learn from companies such as Philadelphia Gas Works, Lavazza and more.
More Ways to Study Economics
Related Graduate Economics Minors
Graduate minors highlight Drexel’s collaborative and interdisciplinary spirit by allowing students to take interrelated graduate-level courses outside of their graduate program. Students can enrich their graduate studies in economics with supplemental knowledge and skills that provide additional professional expertise and focus.
Examples of minors that may benefit MS in Economics students include:
- Computer Science
- Business Analytics Management
- Project Management (offered online)
- Health Economics
While earning an MS in Economics, students can also choose to pursue another LeBow graduate degree; the College offers the ability to share up to 15 credits between two of its degree programs allowing students to maximize their time and financial investment.
Career Outcomes and Support
With top-notch service, resources and programming through Drexel LeBow’s Office of Graduate Career Services and access to our alumni and partners, students are empowered with the tools and knowledge to successfully navigate today’s job market and achieve their career goals.
Campus and Facilities
Our 12-story, 177,500-square-foot home, Gerri C. LeBow Hall, is at the heart of the Drexel University campus, which is located in Philadelphia’s University City neighborhood, home to the city’s vibrant research and technology corridor.
Being located in Philadelphia, and within a short distance of New York and Washington DC means Drexel LeBow students have access, not just to our 1700+ industry partners but also to a wealth of experience from leaders in the business, research and governmental fields.