Master of Arts in Economics - Financial Economics

Our MA program in Economics contains rigorous training in microeconomic theory, macroeconomic theory and econometrics, as well as elective courses in a wide range of applied fields. Students can also pursue a concentration in Financial Economics. Our Internship Placement Program gives students an opportunity to apply the analytical skills acquired during their studies in the public service, private sector or non-governmental organizations. Carleton also has an exchange agreement with the University of Ottawa, which permits our students to enrol in one of their courses (with permission) without paying extra fees.

The normal requirement for admission to the master's program is a B.A. (Honours) (or the equivalent) in Economics, with an average grade of B+ or higher.

Applicants to the M.A.-M.B.A. dual degree pathway must qualify for admission for both the M.A. Economics and the M.B.A. program. For admission information concerning the M.B.A., visit the Business section of this Calendar.

Applicants are expected to have had adequate preparation in microeconomic and macroeconomic theory, econometrics, and mathematics. This could be satisfied, for example, by having completed undergraduate courses in advanced microeconomic theory, advanced macroeconomic theory, econometric theory and methods, mathematical analysis in economics, and statistical analysis in economics. Students with deficiencies in their preparation may have their program requirements extended accordingly.

Applicants whose first language is not English must certify adequate proficiency in English in one of the following ways:

by presenting a CAEL overall band score of 70 or higher, or
by presenting a TOEFL iBT total score of 100 or higher with a score of 24 or higher on each of the four (Listening, Reading, Writing, and Speaking) sections, or
by presenting an IELTS overall band score of 7.0 or higher with a score of 6.5 or higher on each of the four (Listening, Reading, Writing, and Speaking) parts, or
by having completed ESLA 1900 [1.0] at Carleton University with a final grade of B- or higher.