Next Available Term: Fall 2025

All applicants must apply through the USC online application system located at http://gradadm.usc.edu. Applications for Fall open in December 15, 2024 and are due in April, 2025. Completed applications must be submitted no later than 8:59 pm (PST) on deadline day, without exception. All application materials – including test scores and letters of recommendation – must be received by these deadlines. We do not accept paper applications.

Program Prerequisites

The MS AEE program requires applicants to have a solid foundation in Economics as well as an extensive mathematical background. 

The department look for applicants who have taken at least a year of calculus and a semester of statistics

We also strongly encourage applicants to have taken intermediate microeconomics and intermediate macroeconomics courses prior to applying to the program.

Cost of Attendance

  • $2,244.00 per unit (Expect a ~ 3 ‒ 5% tuition increase each year.) 

    Total Cost of Program = $2,244 x # of units

    *Health Fee, Student Insurance, and other optional fees are not included above.

  • The USC Office of Student Financial Aid provides information regarding various types of financial aid and financing options.

    To be considered for financial aid, you must apply by filing the FAFSA. After you apply, the financial aid office will determine your financial need and inform you of the federal or private loans that are available to you.

Application Requirements

  • This is typically two pages in length, double-spaced, and about your interest in Economics.

  • We accept GRE scores that are no more than 5 years old. We like to see applicants with at least 150 on the verbal section and 151 on the quantitative section. Most of our admitted students have received scores well beyond that threshold so please keep that in mind. We do not accept the GMAT. The ETS code for USC is 4852. This is the only code that should be used. We accept the GRE General Test at home version.

  • Applicants must upload all materials into the USC online application system. Please see transcript information on the USC Graduate Admission website:

    Per USC requirements, upload scanned copies of your official, up-to-date transcripts. The Department’s admissions team will review those uploaded transcripts for an admission decision.

    Sealed, official transcripts must also be mailed to USC or to the International Education Research Foundation (IERF). Click the hyperlinks listed above to understand the requirements that specifically apply to you.

  • They can be uploaded on the online application system. Two of the letters must be from academic recommenders. Three academic letters is highly preferred.

  • For detailed information regarding English proficiency requirements, please click the link here.

    We accept both the TOEFL and IELTS examinations.

    • TOEFL requirements: 90 or above, with 20 or above in each section
    • IELTS requirements: 6.5 or above, with 6 or above on each band

    Please note that: Your scores are considered valid only if earned within two years of your intended first term at USC. (For example, no earlier than August 1 two years prior if applying for the fall term.)

    Test Waiver Circumstances: 1) hold a bachelor’s degree completed in its entirety in the United States or another Anglophone country, or 2) Your native language is English.

    For more information regarding English Proficiency, visit https://gradadm.usc.edu/lightboxes/international-students-english-proficiency/.

    If you believe that you qualify for a TOEFL/IELTS waiver, please contact our Admission’s Counselor Candice Jiayi Xu at jxu58954@usc.edu.

Master’s Program Advisors

USC Department of Economics

Program Director

Ratika Narag

narag@usc.edu

Admission Counselor

Candice Jiayi Xu

jxu58954@usc.edu