Gary Ferrier
Program Director
517 Willard Walker Hall
gferrier@walton.uark.edu

Master of Science in Economic Analytics Website

Degrees Conferred:
M.S. in Economic Analytics (ECAN)

The Master of Science in Economic Analytics is an intensive program that will guide students through economic modeling and theory to computational practice and cutting-edge tools, providing a thorough training in descriptive, predictive, and prescriptive analytics. Students will be armed with a solid knowledge of econometric and machine learning methods, optimization, and computing. These “big-data” skills, combined with knowledge of economic modeling, will enable them to identify, assess, and seize the opportunity for data-driven value creation in the private and public sector.

Upon successful completion of the program, students will be eligible to receive an Enterprise Systems Graduate Certificate (Business Analytics Concentration) in addition to the M.S. in Economic Analytics degree. Students must separately apply for the certificate prior to degree conferral.

Requirements for M.S. in Economic Analytics

Prerequisites to Degree Program

Students entering the M.S. in Economic Analytics program are expected to have already mastered basic economic concepts or, demonstrated, with an official GMAT or GRE test score, the ability to master economic concepts taught in the program.  Students without academic backgrounds in economics may be required to take additional hours or noncredit preparatory classes prior to enrollment in the M.S. program. International applicants must submit an acceptable TOEFL or IELTS score, or complete the Intensive English Language Program (Spring International Language Center) and receive an English proficiency recommendation for admission. Other admissions criteria can be considered on a case by case basis. Students from all academic backgrounds are encouraged to apply.

Requirements for the Master of Science Degree

Requirements include one or more courses from each of the following core areas: Data Management, Economic Models, Econometrics and Data Science, and Communication and Professional Development.

Students whose previous studies or experience indicate mastery of basic economic concepts must satisfactorily complete the 30 hours of course work listed below.

ECON 5243Managerial Economics3
ECON 5263Applied Microeconomics3
ECON 5743Introduction to Econometrics3
ECON 5753Forecasting3
ECON 5763Economic Analytics3
ECON 5783Applied Microeconometrics3
ECON 636VSpecial Problems in Economics3
ISYS 5103Data Analytics Fundamentals3
ISYS 5833Data Management Systems3
ISYS 5843Seminar in Business Intelligence and Knowledge Management3
Total Hours30

Additional Degree Requirements, Non-Thesis Option
In addition to 30 hours of required coursework, students must take a comprehensive exam. The comprehensive exam will take the form of the final project in ECON 5763 Economic Analytics (tools and project). An individual’s grade of B or above in the project will be considered a pass on the comprehensive exam.