Master's in Economic Analytics

 

Businesses and government agencies have become increasingly reliant on big data to offer their services successfully. Data science careers are in high demand, and this trend will continue.

The Master of Science in Economic Analytics (STEM) places a strong emphasis on mastering data analytics and quantitative methods. Students develop expertise in econometric modeling, data analysis, and machine learning techniques, equipping them with skills to extract valuable insights from complex datasets and make data-driven strategic decisions. It is a STEM degree and offers Finance Concentration.

STEM designation offers international students an opportunity to earn up to three years of OPT after graduation.

Careers in Economic Analytics

  • Data Scientist
  • Business Intelligence Analyst
  • Financial Analyst
  • Portfolio Manager
  • Data Governance Analyst
  • Quantitative Analyst
  • Marketing Analytics Manager

Requirements for Admission

The applicant’s overall record will be evaluated to determine the prospective student’s suitability for graduate work in economic analytics.

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Start Early!

Current qualified undergraduates at Murray State University have an opportunity to fast-track their education, earning both bachelor's and master's degrees through an Accelerated Bachelor’s to Master’s (4+1) program. Admitted students can take up to 12 credit hours of graduate-level courses to fulfill undergraduate requirements, therefore, significantly reducing their overall time in school and educational expenses.

Admission Requirements for the 4+1 Program

  • Major in accounting, business administration, computer science, computer information systems, economics, finance, logistics and supply chain management, management, marketing, or mathematics.
  • Have completed 60 credit hours.
  • Have a cumulative GPA of 3.0.

Curriculum

Total course requirements (30 total hours)

  • ECO 638 Advanced Macroeconomics: Policy and Practice — 3 hrs
  • ECO 639 Microeconomic Policy and Application — 3 hrs
  • ECO 625 Managerial Economics — 3 hrs
  • ECO 685 Applied Econometrics I — 3 hrs 
  • ECO 686 Applied Econometrics II — 3 hrs
  • ECO 681 Business Data Mining — 3 hrs
  • ECO electives, 600 level — 3 hrs
  • Approved electives, 600 level — 9 hrs
  • ECO 638 Advanced Macroeconomics: Policy and Practice — 3 hrs
  • ECO 639 Microeconomic Policy and Application — 3 hrs
  • ECO 625 Managerial Economics — 3 hrs
  • ECO 685 Applied Econometrics I — 3 hrs 
  • ECO 686 Applied Econometrics II — 3 hrs
  • ECO 681 Business Data Mining — 3 hrs
  • FIN 602 Corporate Finance — 3 hrs
  • Approved FIN electives, 600 level – 9 hrs

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Faculty

Dr. Narine Badasyan

Dr. Narine Badasyan

Chair
Economics and Finance

307 A Business Building

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