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Data Science x Economics = A Powerful, Interdisciplinary Master’s Degree

At Boston University, learning is grounded in solving real-world problems. The STEM-designated MS in Applied Economics and Data Science blends rigorous economic analysis with advanced data science tools to prepare students to tackle global economic challenges and make data-driven decisions. Developed jointly by the Department of Economics and the Faculty of Computing and Data Sciences, the program offers a distinctive interdisciplinary curriculum focused on real-world industry applications, equipping graduates with the practical and analytical skills needed to stand out in the global marketplace.

Two Cutting-Edge Departments, One Revolutionary Degree

BU is redefining how we tackle modern economic challenges using an ambitious, interdisciplinary approach.

Guided by expert faculty in economics and data science, our on-campus program equips students with advanced analytical and problem-solving skills to tackle complex economic challenges. Graduates gain hands-on experience delivering practical, technology-driven solutions across industry, research, and policy settings.

Build the Skills Today’s Employers Demand

At BU, students go beyond a single discipline by combining economics and data science. Our master’s program develops experts across industries, equipped with the knowledge to:

  • Build advanced quantitative, analytical, and computational skills
  • Apply economic principles to business, public policy, and real-world challenges
  • Harness data science and computational tools to solve economic problems
  • Deploy mathematical and empirical methods to decode, interpret, and predict economic phenomena
  • Drive research and analysis with rigor and integrity
  • Graduate as a data-driven leader, empowered to deliver impactful, innovative solutions.

Boston AdvantageCareer OutlookWho Should Apply?Application Requirements

A Curriculum Designed for Impact

The MS in Applied Economics and Data Science equips students with a powerful blend of economic insight and data science expertise. Through in-person, on-campus learning, graduate students will apply these skills to the real world in the epicenter of Boston.

Our program guides students through 10 courses (40 credits), including core classes that build interdisciplinary expertise.

  • Microeconomic Theory
  • Macroeconomic Theory
  • Elementary Mathematical Economics
  • Statistics for Economists
  • Econometrics
  • Tools for Data Science

Four elective courses. Students choose from a broad selection of courses in both economics and data science, allowing them to tailor their training to their interests and career goals.

Boston: An Economic and Innovative Powerhouse

Boston stands at the center of New England’s innovative ecosystem, driving progress in technology, data science, and economic leadership.

Launch Your New Career in Economics, Data Science, & Beyond

Professionals who combine deep economic insight with advanced data science expertise are in higher demand than ever. The Bureau of Labor Statistics forecasts robust growth in economics, statistics, market research, and data science roles over the next decade.

Graduates with this interdisciplinary training are prepared to secure in-demand jobs and lead in this dynamic landscape, with advanced positions and competitive salaries in finance, technology, consulting, government, research, and more.

We connect students with our extensive alumni network and the BU Center for Career Development to help launch them into successful, rewarding careers.

Wherever a student’s interests lie, the MS in Applied Economics and Data Science equips students to move directly into impactful roles, including:

  • Data Analyst
  • Quantitative/Policy Researcher
  • Economic Analyst
  • Business Intelligence Specialist
  • Data Scientist
  • Risk/Market Analyst
  • Consultant
  • Public Sector Official

Who Should Apply?

We welcome applicants from a wide variety of academic and professional backgrounds. To ensure adequate preparation for this program, we recommend the following:

  • Undergraduate major in Economics or Business with strong quantitative and coding skills;
  • At least two courses in calculus (including some familiarity with the differential calculus of multivariate functions and constraint optimization), basic linear algebra, basic probability theory, and statistics.

    OR

  • Concentrations in Mathematics, Statistics, Data Science, or Computer Science, with interest and some grounding in Economics.
  • Some micro- and macroeconomics courses up to the intermediate level, with exposure to field courses in economics, finance, or policy.

Application Requirements & Deadlines

Required Materials:

  • Transcripts
  • Two academic recommendation letters
  • Personal statement
  • Resume or Curriculum Vitae (CV)
  • Official GRE General Test score report

Application Deadlines:

Fall: Priority: January 15, Final: March 15*

Spring: October 1

*Applications will be reviewed on a space-available basis after the final deadline.

For more information, please visit the Master’s Application Requirements & Deadlines Information page.