MS in Quantitative Economics

MS in Quantitative Economics

30 credits | Master of Science | Full-time | On Campus

Professionals who can understand real-world problems and provide objective results using mathematical analysis are in constant demand in the United States and around the world. Our MS in Quantitative Economics blends mathematics, economics, and business to develop in-depth analytical, statistical, and computational skills you can apply to macro-labor economics, public finance, monetary policy, financial economics, market design, and more.

The master's in Quantitative Economics is a recognized STEM degree, so international students may be eligible for extended Optional Practical Training (OPT) to work in the United States for up to 36 months after graduation.

Classes are held in midtown Manhattan, giving you easy access to professional networking opportunities in some of the world's most prominent companies.

Get the Quantitative Edge

Our unique quantitative focus will help you distinguish yourself from others in business, real estate, government, consulting, and NGOs. We teach the following:

  • Model-based quantitative analyses via simulation, computation, and estimation;
  • A broader scope than many applied economics programs; and
  • The structural mechanisms behind economic and social institutions, rather than on institutional, geographic, and historical details.

Quantitative Finance Track

To drive profits in complex financial markets, businesses require employees who

  • understand the math behind how markets function and
  • possess the technical skills to build effective models.

Our new Quantitative Finance (QF) track is best suited for those want in-depth training on financial products and markets. While all students within the Quantitative Economics program will be qualified for jobs in the financial sector, QF students will be uniquely qualified for careers in portfolio management, credit risk, derivates analysis, and more. See how the general and QF track curricula work.

Featured Courses

Through our project-based curriculum, you will apply theoretical knowledge to real-world problems and build a portfolio to show future employers or doctoral programs. Your coursework will cover fields such as macro-labor economics, public finance, monetary policy, financial economics, and market design.

  • Mathematics for Economists
    • This course covers some basic mathematical techniques for economists. It focuses on the theory and applications of optimization in both static and dynamic settings. It also introduces fixed point theorems that are fundamental for general equilibrium analysis and game theory models with multiple decision-makers.
  • Econometrics
  • Market Design

Who Should Apply

The masters in Quantitative Economics is ideal for those with backgrounds in economics, mathematics, engineering, science, or related fields looking to immerse themselves in the methodologies of business.

Our graduates have gone on to careers in the field as well as doctoral programs at the University of Rochester, the Toulouse School of Economics, and other prestigious universities. We have the resources to help you through the competitive world of PhD admissions.

Careers

  • Economist
  • Econometrician
  • Financial Analyst
  • Quantitative Analyst
  • Compliance Manager

Semester Abroad at Paris 1 University Pantheon-Sarbonne

The MQE has partnered with the Paris 1 University Pantheon-Sorbonne to give selected MQE students the option to spend one semester in Paris, France, taking advanced courses in quantitative economics. In particular, MQE students will have access to the MSc in Models and Methods of Quantitative Economics 'Erasmus Mundus' (QEM). This program is run in partnership with other European universities, including Universitat Autònoma de Barcelona (Spain), IMW - Institute of Mathematical Economics of Universität Bielefeld (Germany) and Università Ca' Foscari Venezia (Italy), and attracts each year about 50 students from all over the world.