Master of Science in Applied Economics




What will I learn?

The MSc (Applied Economics) programme aims to provide rigorous post-graduate training in Applied Economics that would be useful in both the private and public sectors, and in all facets of economic research activities. Our curriculum is unique for its focus on producing quantitative-oriented researchers and analysts with strong theoretical insights.

Specifically, this NTU programme specializes in equipping students with the necessary skills to excel in economic policy analysis by utilizing techniques such as econometrics, financial applied econometrics, cost-benefit analysis, project evaluation, and financial modelling, etc. Such skills are very useful for economic analysis of social policy, investment and portfolio management. Employment opportunities for graduates with these skills include public service, investment banks, broking houses and consultancies.​


The academic calendar for the Master programme is based on three trimesters. Each academic trimester consists of 16 weeks. The number of classroom hours per course is 3 per week for 12 weeks. This is typically a one-year, full-time programme conducted on-site at NTU’s main campus.

The programme requires every candidate to earn a total of 30 academic units (AUs) in order to graduate. Candidates can choose to earn 27 AUs from coursework and 3 AUs from an Applied Research Project (ARP) or earn all 30 AUs from coursework.

The AUs from coursework will be earned from reading a combination of half and full courses. A full course carries 3 academic units (AUs), while a half course carries 1.5 AUs. Typically, a candidate will read three full courses per trimester. Candidates who choose not to do an Applied Research Project are required to read one extra full course either in Trimester 2 or Trimester 3.

Which department am I in?

College of Humanities, Arts, and Social Sciences

Study options

Full Time (1 year)

Tuition fees
SG$32,000.00 (19,44,107) per year
Start date

Expected November 2023


College of Humanities, Arts, and Social Sciences

48 Nanyang Avenue,

HSS-05-62, HSS Building,

639818, Singapore

Entry requirements

For students from United States

An applicant must have completed at least a Bachelor Degree (Honors) or European/German FH Diploma or its equivalent in areas of Science/Electrical/Electronics Engineering from a university with recognized standing with at least a 2nd Class Honors or equivalent. As the Programme instruction medium is English, applicant must be able to demonstrate a satisfactory level of the language. Applicant whose native tongue or medium of instruction from previous studies (Bachelor / FH Diploma) is not English must submit at least one of the following: TOEFL score indicating a minimum of 600 for Paper based test or 100 for internet based test; IELTS: With academic IELTS result of at least 6.5.

For international students

Candidates should have a good honours degree in economics. Candidates who do not have a degree in Economics will be considered provided they have a good honours degree in other disciplines and a strong quantitative background. However, such candidates will be required to read a preparatory course in Economics and mathematics at the start of the programme.

Minimum Test Score: TOEFL - Internet based 85; IELTS score of 6.5

*There may be different IELTS requirements depending on your chosen course.


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