Economics - Master [2 Years]
$20,428 /Yr Co-op On-campus full_time

Master of Arts [M.A] Economics

  • The Master of Arts in Economics is a 2-year program at Carleton University.
  • The MA program in Economics contains training in microeconomic theory, macroeconomic theory, and econometrics, as well as elective courses in a wide range of applied fields.
  • MA Economics also offers an internship program, allowing students to gain real-life experience and develop a stronger professional network.
  • The program has Pathway Options:
    • Coursework
    • Thesis
  • Students can also pursue a concentration in Financial Economics. 
  • The Internship Placement program gives students an opportunity to apply the analytical skills acquired during their studies in the public service, private sector, or non-governmental organizations.
  • There are Collaborative specializations in African Studies and Data Science are also available.
  • MA/MBA pathway will allow a student to obtain both an MA in Economics (with a concentration in Financial Economics) and an MBA (with a concentration in Finance and Economics) in 20 months.
  • Carleton also has an exchange agreement with the University of Ottawa, which allows the students to enroll in one of their courses (with permission) without paying extra fees.
  • The Department of Economics also offers a Post-Baccalaureate Diploma in Economics.
  • The student to faculty ratio is 12:1 which bridges the gap between faculty and students.
  • Carleton University has an acceptance rate of 21%, compared to other Canadian universities.

Tution & Application Fees

Year Year 1 Year 2
Tuition Fees $16711 $16711
Health Insurance $567 $567
Books and supply $900 $900
Other Fees $2250 $2250
Total Fees $20428 $20428

Examinations

Exam Type Exam Name Score Out of Score Exam Level
TOEFL Test of English as a Foreign Language 86 120 3
IELTS International English Language Testing System 6.5 9 3
GRE Graduate Record Examination 310 340 2
PTE Pearson Test of English 60 90 3

Academic Eligibility:

  • Students must have a 4-year bachelor’s degree in a related field from a recognized institution.
  • The related fields include a UG degree in Marketing, Finance, Arts, Science, Government, Retail, Manufacturing.
  • GPA of at least 3.0/4.33 (B grade) which is the equivalent of 8.0/12 on Carleton’s scale is required to be eligible for the program.

Work Experience Eligibility:

Students must have a 2-years of professional work experience to apply for the MBA program.

Others:

Students without related academic experience or work experience students are also encouraged to apply, given they fulfil the following requirement:

  • Students who do not possess 2-year of professional work experience must complete the Internship portion of the MBA program.
  • Two academic recommendations from professors are required unless the candidate meets the work experience criteria.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed of both a Bachelor’s (3 years) degree and a Master’s degree.
  • Or, completed a Bachelor’s degree requiring 4 years of study (e.g., B.Pharm., M.B.B.S, or B.Arch).
  • Or, obtain a first-class division (75% or above, Distinction or Outstanding).
  • Or, complete 3-year UG from an institution accredited by either AACSB, EQUIS or AMBA.

Submission of GMAT scores is compulsory for this program, however, students may submit a GRE score too in lieu of that.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.