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The first thing you need to do is sit down and seriously contemplate what your goals are for your near future and whether graduate school will help you achieve those goals. If you believe it does, then you should start looking for what aspects of economics interest you the most. Every school has areas that it specializes in, and finding a department that matches your interest will increase your chances of being successful. If you are considering graduate school in economics it is always a good idea to take as many Math and Statistics courses as possible. It would also be worthwhile to stop by and talk with me, or other faculty members, to make sure you are taking the appropriate classes in the best order possible. This is also a way to meet with the faculty who will be writing your letters or recommendations. What can I do with a PhD in economics? The most common job sought by PhD's are teaching or research jobs at a Univ. (summers off are always nice). There are also several Private Sector and Gov't Jobs: What can I do with a Masters in economics? To teach economics at a university you will need to have a Ph.D., but if you are more interested in working as an economic researcher for a firm or for the government then a masters may be right for you. Masters programs generally take 12-18 months to complete and require many of the same courses taken by Ph.D. track students.Here is a list of schools that list where their graduates find employment Expected Salary Offers "for 2007-08. Responses from 100 institutions indicate that the average expected salary offer for the 2007-08 academic year is $76,542, a 0.1 percent decline from the actual offer for the 2006-07 academic year for the sample of institutions. The average expected http://cber.uark.edu/data/aea/aea07-08.pdf Remember these salaries are based on nine month contracts, many schools pay an additional 1/12 of your salary for every summer class you decide to teach. Taking the GRE. You will need to take the GRE exam in preparation for application to graduate programs. The GRE's Verbal and Quantitative sections each have a top score of 800. Top 50 schools are looking for around a 700 on the Quatitative and a 500 on the Verbal . Schools in the top 25 have even higher standards, expecting around a 750 on the Quatitative and a 550 on the Verbal. These are just the average scores that top schools hope to have in a candidate, many top schools have lower listed required scores, each schools admissions standards can be found on their websites. There is also a new section called Analytical Writing which is scored on a 0-6 scale. Helpful Links Why get a PhD (wide variety of information) PhD Programs (list of schools with an economics PhD program) Grad School Q&A (great link that answers many questions about grad school in economics) Financial Aid (good link with many resources) International Education Financial Aid (spend some time looking around this site) Which school is best for you (lets you rank what is important to you in a grad school) PPIA (grant and fellowship
program that provides student training and financial support for graduate school and facilitates ongoing professional development." They focus on aiding minority students in their Junior year.) |
Top Economics Departments (generally ordered by rank from http://edirc.repec.org/usa-top.html)
Princeton University, Princeton NJ
Harvard University, Cambridge MA
Massachusetts Institute of Technology, Cambridge MA
University of Pennsylvania, Philadelphia PA
Northwestern University, Evanston IL
New York University, New York City NY Boston University, Boston MA Yale University, New Haven CT Stanford University, Palo Alto CA University of California, San Diego CA University of Texas, Austin TX University of Rochester, Rochester NY University of California, Berkeley CA University of Maryland, College Park MD Johns Hopkins University, Baltimore MD University of Pittsburgh, Pittsburgh PA University of Chicago, Chicago IL University of Minnesota, Minneapolis MN University of Wisconsin, Madison WI University of Virginia, Charlottesville VA University of California, Los Angeles CA Columbia University, New York City NY Department of Economics, School of General Studies University of Michigan, Ann Arbor MI Ohio State University, Columbus OH Duke University, Durham NC Department of Economics, Arts & Sciences and Trinity College University of California, Irvine CA Brown University, Providence RI Pennsylvania State University, State College PA University of California, Davis CA University of Iowa, Iowa City IA California Institute of Technology, Pasadena CA University of Florida, Gainesville FL tTexas A&M University, College Station TX University of California, Santa Barbara CA Boston College, Chestnut Hill MA University of Washington, Seattle WA Carnegie Mellon University, Pittsburgh PA University of North Carolina, Chapel Hill NC University of Illinois, Urbana-Champaign IL Vanderbilt University, Nashville TN Virginia Polytechnic Inst and State University, Blacksburg VA Cornell University, Ithaca NY University of Colorado, Boulder CO Michigan State University, East Lansing MI University of Houston, Houston TX Rutgers University, New Brunswick NJ North Carolina State University, Raleigh NC Rice University, Houston TX State University of New York, Albany NY Georgetown University, Washington DC Economics Department |
Contact Information:
Dr. Mark Scanlan, Associate Professor of Economics
McGee Business Bldg., Suite 392 Office P
Phone: (936) 468-1883
E-mail: scanlanm@sfasu.edu
Mailing Address:
Department of Economics & Finance
Box 13009-SFA Station
Nacogdoches, Texas 75962-3009
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