University of Wisconsin-Madison Economics is currently ranked as one of the top economics departments in the United States, and we consistently strive for innovation and improvement. Our graduate degree programs reflect this by offering flexibility, a rigorous curriculum, and the opportunity to explore other departments and schools in one of America’s top research universities.
We offer three distinct master’s programs, each designed to offer students the quantitative and analytical skills they need in preparation for doctoral programs and careers in economics, finance, and related fields.
Master of Science in Economics
The Master of Science in Economics at the University of Wisconsin-Madison places a stronger emphasis on econometrics than similar programs at other universities. The result is in-demand graduates who receive PhD admissions from top universities.
- Courses taught by renowned faculty at the top of their field
- Advanced quantitative economics coursework prepares students for advanced study at the doctoral level
- Designated as a STEM degree
- Students have the opportunity to participate in summer research groups and will also complete an exciting capstone empirical research paper
- Tailor your experience by supplementing coursework with electives in other departments such as math, statistics or computer science
Master of Science in Quantitative Economics (MSQE)
The STEM-designated MSQE program at UW–Madison blends economic theory with cutting-edge quantitative methods to prepare students for high-impact careers in data science, finance, policy analysis, and beyond. Designed
for ambitious professionals and recent graduates, our program offers a fast-paced curriculum, expert faculty, and strong industry connections.
- Career-focused. Well suited for students wanting to prepare for a
career where advanced economics training is required or beneficial, but a PhD is not required. The program provides a dedicated career and placement advisor. - Part of #10 ranked Econometrics program in the world
- Learn from world-renowned faculty
- Financial aid available
- Can be completed in as little as 18 months
Master of Science in Financial Economics (MSFE)
The MSFE program emphasizes modern quantitative methods in financial economics and econometrics. Students are taught the theories that guide financial practices and the highly sought after analytical skills necessary to perform advanced financial analyses.
UW-Madison’s rich tradition in economics and econometrics (top 10 US News and World Report ranking) and finance puts it in a unique position to provide the rigorous training offered by this program.
The Master of Science in Financial Economics is a designated STEM degree program that will provide the theoretical knowledge, analytical skills and real-world experience to launch a successful career. As a joint program between the Wisconsin School of Business’ Finance Department and the Department of Economics, students have access to faculty and services in both areas — including access to the first-rate Finance Analytics Lab with specialized Bloomberg terminals.
Why Should You Enroll?
#1 – Rigorous Quantitative Coursework
Our programs take a highly quantitative approach to economic theory, which helps to provide advanced analytical skills necessary for future economics-related jobs in academia, research, and the public and private sectors.
#2 – Learn, Work and Play in Madison
The changing seasons in many ways define life in Wisconsin, and in Madison we find creative ways to get the most out of each one. Built on an isthmus and surrounded by lakes, Madison blends the city and campus, green spaces and urban areas, to create a place unlike anywhere else. Madison offers low crime rates, easy access to nature, close proximity to Chicago, and is one of the largest labor markets in the U.S. Take a trip around the sun with us and explore for yourself.
#3 – Research Opportunities
The University of Wisconsin-Madison is recognized as one of the premier research institutions and routinely ranks in the top of all U.S. universities in research expenditures. There are numerous research opportunities in which our students may engage, both within the Department of Economics as well as at other departments, schools, and on-campus research institutes.
Student Spotlight
“UW-Madison has the best Econometrics professors, and they are really helpful to students. I have been able to understand each and every related concept from theory to applications.”
-Zhang Ye, Wisconsin Economics Master’s Student
Class of 2021