Economics MS

 Hide Hide preferences menu.

College : Business Administration Degree :MS
Department : Economics Option : Nonthesis
Program Websites :


The Master of Science in Economics degree program prepares students as economists specializing in business analytics. The program provides students with the necessary theoretical and quantitative training to address current economic business problems in a thoughtful, rigorous manner.


The Economics MS program requires a minimum of 30 credit hours beyond the bachelor's degree.

All candidates for the MS degree must complete the end-of-program requirement, ECO 6XXX Capstone in Business Analytics I and ECO Capstone in Business Analytics II.

Total Credit Hours Required:
30 Credit Hours Minimum beyond the Bachelor's Degree

Required Courses—24 Credit Hours

Fall Term

  • ECO 6403 Mathematical Economics (3 credit hours)
  • ECO 6118 Microeconomic Theory I (3 credit hours)
  • ECO 5445 Introduction to Business Analytics (3 credit hours)
  • ESI 5306 Operations Research (3 credit hours)

Spring Term

  • ECO 6424 Econometrics I (3 credit hours)
  • ECO 7116 Microeconomic Theory I (3 credit hours)
  • HIM 6217C Health Care Database Management (4 credit hours)
  • ECO 6315 Seminar in Contemporary Economic Issues (3 credit hours)

End-of-Program Requirement—6 Credit Hours

The culminating academic experience of the program consists of a two-course capstone sequence that provides students a forum in which to develop, carry out, and write up research of a well-defined problem in business analytics using the tools developed in the program.

  • ECO 6935 Capstone in Business Analytics I (3 credit hours)
  • ECO 6936 Capstone in Business Analytics II (3 credit hours)

Independent Learning

The capstone research project is required of all students in the program.

Application Requirements

For information on general UCF graduate admissions requirements that apply to all prospective students, please visit the Admissions section of the Graduate Catalog. Applicants must apply online. All requested materials must be submitted by the established deadline.

In addition to the general UCF graduate application requirements, applicants to this program must provide:

  • One official transcript (in a sealed envelope) from each college/university attended.
  • Official, competitive GRE score taken within the last five years.
  • Résumé.
  • Essay (no more than two pages; 8.5 x 11-inch stock, ten-point font, single-spaced, one-inch margins all around), explaining why candidate wants to study business analytics
  • A computer-based score of 233 (or 91 internet-based score) on the Test of English as a Foreign language (TOEFL) if an applicant is from a country where English is not the official language, or if an applicant's degree is not from an accredited U.S. institution, or if an applicant did not earn a degree in a country where English is the only official language or a university where English is the only official language of instruction. Although we prefer the TOEFL, we will accept IELTS scores of 7.0.
  • Applicants applying to this program who have attended a college/university outside the United States must provide a course-by-course credential evaluation with GPA calculation. Credential evaluations are accepted from World Education Services (WES) or Josef Silny and Associates, Inc. only. 

Application Deadlines

Economics MS *Fall Priority Fall Spring Summer
Domestic Applicants Jan 15Jul 1



International Applicants Jan 15Jan 15



International Transfer Applicants Jan 15Mar 1



*Applicants who plan to enroll full time in a degree program and who wish to be considered for university fellowships or assistantships should apply by the Fall Priority date.


Graduate students may receive financial assistance through fellowships, assistantships, tuition support, or loans. For more information, see the College of Graduate Studies Funding website, which describes the types of financial assistance available at UCF and provides general guidance in planning your graduate finances. The Financial Information section of the Graduate Catalog is another key resource.


Fellowships are awarded based on academic merit to highly qualified students. They are paid to students through the Office of Student Financial Assistance, based on instructions provided by the College of Graduate Studies. Fellowships are given to support a student’s graduate study and do not have a work obligation. For more information, see UCF Graduate Fellowships, which includes descriptions of university fellowships and what you should do to be considered for a fellowship.