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About the Master’s Program

The UB Department of Economics trains students to apply economic analysis in several fields at the crossroads of economics and related specialties. We develop professionals who understand the work that economists do, and, more importantly, have the ability to apply their analysis skills to a broad range of economics problems in their future careers.

Our master’s degree program achieves an ideal blend of theoretical analysis and real-world applications. We rely on fundamental economic analysis to explain capital goods and markets, the impact of government policies and efficient business operations. As a result, students not only understand what is happening in business, macro and the international economy, they also know why.

Students in our program proudly represent five continents and over 35 countries. These diverse experiences enrich and broaden the learning environment.

MA in Economics

The MA in Economics program teaches practical applications of theoretical economics and quantitative methods, skills in high-demand in many industries, including banking, finance, health care, international trade, advocacy groups and government. It is one of the only programs in the nation to involve specialists in professional schools of law, medicine, management, and education, as well as those in the departments of mathematics and geography. The resulting Advanced Certificates expands economics-specific knowledge in FinancialInternationalInformation and Internet, Law and RegulationHealth, and Urban and Regional subjects.

MS in Econometrics & Quantitative Economics

The  STEM eligible MS Econometric & Quantitative Economics program is intended for students who desire more rigorous Master’s-level education and training in economics, with the aim of pursuing a career in analytical, financial or international economics. Student can select an additional focus area, either financial economics or international economics. This is the only STEM-eligible economics degree in New York State.

The Econometric & Quantitative Economics program is tailored to provide the skills required of a quantitative economist seeking employment in the private profit and non-profit sectors as well as in the government and NGO sectors, focusing on providing advanced knowledge and proper utilization of mathematical and quantitative skills required of economists in practical applications. This emphasizes the acquisition of applied econometric skills that can then be used to perform business research that employers increasingly demand. The MS program provides the most advanced training possible in economics, short of obtaining the PhD degree.


Graduates of both the MA or MS may enter into a PhD program in economics or related business field, or pursue careers in economic consulting, teaching at the collegiate level, performing research at a government agency or think tank, and many more. MA graduates apply research to current economic issues, while MS graduates often participate in new research and knowledge creation.