MSPE Program Rules
- Minimum of 40 graduate credit hours (equivalent to ten 4-credit-hour courses). There is no thesis option.
- Core courses: Econ 500 (Microeconomics), Econ 501 (Macroeconomics), Econ 502 (Economic Statistics), and Econ 503 (Econometrics). All students must take Econ 500 and Econ 502 in their first semester in the program and Econ 503 in their second semester. Econ 501 may be taken either in the first or the second semester.
- Elective courses: All students must take at least 6 additional elective courses (besides core courses). Two of the elective courses can be from other departments. However, if they are to be counted towards the degree requirements of the program, they must be approved by the program's director.
- Field of specialization: All students must have at least one field of specialization. A field of specialization consists of two or more elective courses in a particular area with at least one of the courses being at the 500 level.
- The field in advanced econometrics is only open to students who take 532 and 535 (instead of 502 and 503) as core econometrics courses and are not on Ph.D. track.
- Only two of the six required elective courses can be at the 400 level.
- ECON 527 is equivalent to ECON 420 and is counted as a 400 level course.
- If both Ph.D. and master's sections of the same course is taken, only one will be counted towards the degree requirements of the program.
- The same course cannot be taken at both 400 and 500 level to satisfy the program requirements.
- All independent study courses must be approved by the director if they are to be counted towards the degree requirements of the program.
- Minimum grade point average: All students have to maintain a minimum cumulative GPA of 3.00 (B) at the end of each semester. If a student's cumulative GPA goes below 3, he/she will be put on probation and will have one semester to raise his GPA to 3 (or above). No student can graduate with a final cumulative GPA of less than 3.
- Minimum length of stay in the program is one calendar year (fall and spring semesters plus summer session). The maximum length of stay is two years.
- Minimum semester load (including required ESL courses): 12 credit hours. [Students are allowed to carry a less than 12-credit hours only in one semester. Two letters, one from the student's sponsor (if he/she has a government or private-sector sponsor) and the other from the International Students & Scholars Services (ISSS) authorizing a reduced load, are required for this purpose.]
- Maximum semester load: Fall and spring 16 credit hours, summer 8 credit hours. Any course load beyond these must be approved by the director of the program.
- Semester rule: All students must be enrolled in at least one econ course every semester. No student is allowed to take all his/her semester courses from the outside of the Department of Economics.