Professor
Colman’s research focuses on health and labor economics, such as the effects on the economy of government programs such as cigarette taxes, Medicaid, and the Affordable Care Act.
Applied Quantitative Economic Analysis and Policy, MS
Transform data into impactful decisions with an applied economics master’s degree. Learn from expert faculty in Pace’s award-winning economics department, renowned for its success in national Federal Reserve competitions.
Location
New York City
Duration
30 Credits
12–24 Months, full-time and part-time
Modality
Hybrid, Asynchronous
Start Dates
Fall, Spring, Summer
F1 Visa
Yes
STEM Designated Program
Yes
Why Earn Your MS at Pace? You’ll Acquire the Skills to Make an Impact
Pace University’s MS in Applied Quantitative Economic Analysis and Policy offered within Dyson College combines advanced economic theory with real-world applications, making it one of the most unique programs in the region. As the only STEM-designated program in the New York area to integrate public economic policy with quantitative analysis, it will prepare you to excel in high-demand careers in research, data analytics, and policy-making.
Students benefit from small class sizes, working directly with expert faculty to receive hands-on training in data analysis tools like Python and R. They also have the opportunity to present their research findings at prestigious forums such as the Eastern Economics Association, the Dyson Society of Fellows, and the Economics Scholars Program of the Federal Reserve Bank of Dallas. With flexible hybrid or online formats, you can complete the program full-time in just 12 months or part-time in 24 months. Graduates join alumni working at leading organizations such as the Federal Reserve Bank of New York, Morgan Stanley, and JPMorgan Chase."
$115,730
economists’ median annual salary (Source: U.S. Bureau of Labor Statistics)
5%
projected job growth from 2023 to 2033 (Source: U.S. Bureau of Labor Statistics)
#8
college major that pays the most for mid-career graduates (Source: CNN.com)
Curriculum
Our rigorous course topics range from econometrics, policy analysis, game theory, health economics, and data analytics, to the culminating master’s thesis.
Combined Degree Track
This program offers a combined degree track, which allows you to replace up to 12 undergraduate credits with graduate level courses. This means you can finish almost half the master’s degree requirements by the time you complete your undergraduate degree, leaving only 18 additional credits to finish to complete a combined BA/MS or BS/MS degree.
Take Courses Like…
- ECO 585 Applied Econometrics
- ECO 590 Data Analytics (R and Python)
- ECO 610 Environmental Economics and Policy
Unique Program Opportunities
This program is a reflection of the economics department’s focus on policy, quantitative analysis, and research, affording it unique advantages, and builds on the department’s success in the National Federal Reserve Challenge, a competition that tests undergraduate college students’ knowledge of the US economy, central banking and monetary policy. The Pace University team has the distinction of winning the nationally-recognized, first-place award four times in the last six years in the national competitions in Washington, DC.
Careers
This program prepares graduates for a career as an actuary, economist, financial analyst, market research analyst, operations research analyst, survey researcher, urban and regional planner, and more.
As a Pace student, you’ll have the opportunity to connect with our robust career services team to develop a career plan that best fits your goals.
Our graduates are prepared for jobs like:
Salary stats below sourced from Glassdoor, Indeed.com, and Salary.com
- Business Analyst (Average salary: $70,000–$120,000)
- Business Planning Analyst: (Average salary: $70,000–$110,000)
- Senior Associate, Corporate Treasury: (Average salary: $90,000–$120,000)
Student Quote
I have learned so much and applied so many skills and the knowledge of economics to my day-to-day life, as well as impressed many people on my internship interviews, especially when I mention the projects I’ve worked on as a student.
—Olenka Besaga ‘24
International Career Success Program
The INSPIRE Program (International Student Professional Readiness Program) is a badged internship and career success program exclusive to Pace. Year after year, this one-of-a-kind program empowers international students to achieve results in obtaining internships, jobs, and salary outcomes. Domestic students, we have an equivalent program for you called ASPIRE.
Where Pace Graduates are Employed
- Metropolitan Jewish Health System
- Captrust
- Equitable Advisors
- JPMorgan Chase & Co.
- Moody's
- Light Pass
Featured Faculty
Associate Professor
A published economics researcher, Dolar’s research interests include labor economics, health economics, sports economics.
Assistant Professor
Kaltenberg’s research interest is centered on policy-based interventions and their effect on labor market outcomes of parents, such as the effect of maternity leave on female inventors’ productivity and inventiveness, the impact of access to childcare and schooling during COVID-19, and its impact on a variety of labor market outcomes of parents.
Admission and Financial Aid
You're ready for a new level of success—whether it's advancing in your current field or launching a new career. Pace is with you every step of the way, providing a world-class education and the skills your industry will be looking for far into the future.
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- A personal statement explaining to the Graduate Admission Committee why you would like to pursue the program of graduate study you have chosen. Additional information regarding your academic performance, as well as professional experience, may also be included in the supplement.
- A resume or outline describing at least the past five years of your employment history and any significant community, professional, or college extracurricular activities.
- Applicants need 2 letters of recommendation. Letters should be from academic or professional references that can knowledgeably comment on your ability to successfully complete graduate study. Include recognitions and achievements (e.g. licenses, publications, and awards).
- All Official Transcripts: Transcripts from every accredited college or university attended (not just the degree granting institution) must be sent either to Pace University, directly from the academic institution electronically or by mail, or forwarded by the applicant in sealed envelopes from the academic institution.
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Per credit: $1,400 | Total cost of program: $42,000
*Tuition based on current year and subject to change. -
Fall Term
- Domestic Students: August 1
- International Students: June 1
Spring Term
- Domestic Students: December 1
- International Students: October 1
Summer Term
- Domestic Students: May 1
- International Students: March 1
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Make an appointment to meet with you admission counselor.
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Every admitted student is automatically considered for all available financial aid options, assessed based on both availability and individual need. Financial resources include:
- Merit-based Scholarships: Awards of up to $7,000, automatically considered during the application process.
- Graduate Assistantships: Opportunities for hands-on experience while earning financial support.
- Endowed Scholarships: Awards funded by generous donors to support student success.
- Federal Direct Unsubsidized Stafford Loan: A federal loan program with favorable terms.
- Graduate/Professional Direct PLUS Loan: For students who need additional funding.
- Work-Study Programs: Part-time work opportunities to help fund your education.
- Military Benefits: Includes the GI Bill®, the Yellow Ribbon Program, and Pace’s Veteran Tuition Scholarship.
For more information about affordability and the full range of financial aid options, visit Pace University Financial Aid.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).
Contact Us
Admission Contact
Office of Graduate Admission
Phone: (212) 346-1531
Email: graduateadmission@pace.edu
Departmental Contact
Anna Shostya, PhD
Email: ashostya@pace.edu