The Master of Science in Economics and Policy Analysis program focuses on economic theory as it applies to real-world business and policy, econometric skills and the ability to analyze data to propose policies and solutions.

The program is designed for the student who has earned a bachelor’s degree, or who has earned or is earning an MBA.


Through the MS in Economics and Policy Analysis program, you will develop skills and knowledge in:
  • Applied economic theory.
  • Demonstrating research findings through written analyses for audiences that include business professionals, economists, policymakers and the public.
  • Conducting econometric research.
  • The relationship between economics and politics.

Research and Fellowship Opportunities

The curriculum includes a heavy emphasis on research.  You will work closely with a faculty member on research projects, enhancing your research, writing and presentation skills.  Upon meeting certain requirements, you will also be eligible to participate in a research fellowship, allowing you to work full-time for 12 to 16 weeks.  You may complete the fellowship in Chicago or spend your time in another city, such as Washington D.C.

Career Outlook

This degree prepares students to pursue careers in a variety of fields, including:
  • Consulting
  • Governmental relations
  • Federal and state governmental agency work
  • Trade association and lobbying work
  • Nonprofit agency work
Recent program alumni are employed in a wide variety of government, financial and corporate institutions.

STEM Designation

DePaul’s Master of Science in Economics and Policy Analysis is a Department of Homeland Security STEM-designated program.  STEM designation is granted to programs that produce graduates educated in science, technology, engineering and/or math who help support U.S. economic competitiveness and growth.  International students who earn degrees from STEM-designated programs can qualify to extend their post-graduation stay in the United States for Optional Practical Training (OPT).  OPT provides an opportunity for international students to develop their careers while also helping meet the demand for STEM-educated professionals in the U.S. workforce. To find out more, contact the Kellstadt Graduate School of Business at or (312) 362-8810.​

Degree Requirements 48 hours
    Total hours required    48 hours