Master of Science in Applied Economics

Master (Coursework)

Programme Type

Full-time

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 programme requires every student to earn a total of 30 academic units (AUs) in order to graduate. Students may earn 27 AUs from coursework and 3 AUs from an Applied Research Project (eligible for students with a GPA of 4.75 and above) or earn all 30 AUs from coursework. 


Typically, a student will read three full courses (3 AUs each) per trimester. Students who are not eligible to take Applied Research Project (ARP) are required to read one extra full course in Trimester 2 or Trimester 3. 

The courses offered will depend on the availability of faculty, and wherever possible we will take into account the interests of students.

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, and investment and portfolio management.  

Economics

Applicants should possess a degree in Economics with good honours (if applicable). Applicants who do not have a degree in Economics will be considered, provided they have an honours degree in other disciplines and a strong quantitative background.

ALL students will be required to read preparatory courses in Statistics and Mathematics, which will be conducted online via NTULearn during the trimester. 

A good IELTS/TOEFL score is required for applicants from non-English-speaking countries, unless they have completed a bachelor's degree (on campus) in native English-speaking countries. 

Kindly refer to this webpage https://www.ntu.edu.sg/admissions/graduate/cwadmissionguide for IELTS/TOEFL acceptance guidelines.

Minimum Test Score

  • TOEFL - Internet-based 85
  • IELTS  - IELTS score of 6.5
    For exams taken before 21 January 2026: Minimum total score: 85
    For exams taken on or after 21 January 2026: Minimum total score: 4.5

 

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. 

 

Click the links below to view course descriptions for each category

Core Courses
Elective Analytical Economics Track
Elective Finance Track
Elective Data Analysis Track

Employment opportunities for graduates with these skills include public service, investment banks, broking houses and consultancies. 

August Intake

  • Application Period: 1 September to 31 January
  • Results will be released from May to June

November Intake

  • Application Period: 1 March to 31 May
  • Results will be released from August to September

Admission Documents

All supporting documents are to be uploaded online during the online application. The referee report is not required.

For more information, visit us here.