Master of Science in Applied Economics (MSAE) degree

St. Norbert College has a long track record of sending its best and brightest economics students to Marquette University for graduate studies.

Now the two schools have collaborated on a formal accelerated program designed to enable motivated students to obtain a Master of Science in Applied Economics (MSAE) degree in as little as one extra year, rather than the standard two years.

The value of an MSAE is reflected in the marketability and success of those who obtain the degree. Graduates of the MSAE program, including those from St. Norbert College, work for employers such as Rockwell Automation, Associated Bank, U.S. Bank, MISIX, Artisan Partners, the U.S. State Department, Marketing Analytics, Ziegler Capital Management, MillerCoors, MGIC,Wells Fargo Funds Management, Northwestern Mutual Financial Network, Direct Supply, Kohler, Reinhart Partners and the Chicago Group.

How the accelerated program works
Certain upper-level electives at St. Norbert carry graduate credits for those students who opt to do additional course work prescribed by Marquette University faculty. Up to two of the advanced courses from St. Norbert, taken as a senior, will transfer as electives to Marquette for use in the MSAE program.These courses fulfill the requirements for undergraduate work at St. Norbert as well as count toward graduate credits required by Marquette.

The MSAE requires 10 courses and a master’s essay. Completing the first two courses while still enrolled at St. Norbert effectively reduces the time requirement at Marquette from four semesters to three.

Motivated students also can take two summer courses at Marquette, either simultaneously or split between two summers, to further reduce the time needed to complete MSAE requirements.

What to do if you're interested in the program
Consult with your St. Norbert economics discipline faculty mentor to discuss whether this program is a good fit for you. Interest in the program alone does not guarantee acceptance by Marquette.

St. Norbert students need to formally apply to the Marquette University Graduate School of Management in their senior year while taking the two accelerated St. Norbert courses designated for graduate credit.

Take the GRE or GMAT in the fall of your senior year, and apply for financial aid for your fifth year, if desired.

Academic requirements

St. Norbert College
A Bachelor of Science in Economics requires the following courses within the discipline (9 courses):

• Principles of Microeconomics
• Principles of Macroeconomics
• Intermediate Microeconomics
• Intermediate Macroeconomics
• Introduction to Econometrics
• 4 other economics electives (300 level and above)

Marquette University
The Master of Science in Applied Economics (MSAE) requires the following (10 courses, a non-credit master’s professional project and an oral comprehensive exam):

• Applied Econometrics
• Applied Time-Series Econometrics and Forecasting
• Microeconomic Theory
• Macroeconomic Theory
• 3-4 economics electives
• 2-3 graduate courses in business administration, social sciences, mathematics or economics
• (The mix of electives depends on which of five specializations or the general economics track that the student chooses to pursue.)

• Business Economics
• Financial Economics
• International Economics
• Marketing Research
• Real Estate Economics

Admission requirements

• Minimum 3.0 GPA
• At least 1 college-level calculus course
• At least 1 statistics course
• 1 course each in intermediate micro and macro theory
• Satisfactory GRE or GMAT score
• (1 course each in accounting and finance is recommended, but not required)